422 40 Street NE, Calgary, AB T2A 0M5 (MLS # A2309318)

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PRICE $554,999 dsIDX morgage calculator
BEDS 4
BATHS 2
HOME SIZE 728 sqft
LOT SIZE 436 sqft

TURNKEY INVESTMENT OPPORTUNITY in established NE Calgary "” this fully renovated bi-level duplex has been rented consistently every year at $3,000/month and is now vacant and move-in ready. *** Last tenants recently moved out "” property is freshly cleaned, vacant and available for immediate possession June 30, 2026. A proven income-generating property with zero vacancy history. *** UPPER UNIT features 2 bedrooms | 4pc bathroom | Completely remodelled kitchen with new cabinets, counters & flooring | New bathroom flooring, tiling & cabinetry | Mirrored closet doors | All appliances included. *** LOWER ILLEGAL SUITE features 2 bedrooms | 3pc bathroom | Full kitchen | Rec room | Laminate flooring in bedrooms | In-suite laundry. Please note the lower illegal suite does not have development permits and is considered non-conforming "” buyers to conduct their own due diligence regarding permits and compliance with the City of Calgary. *** OUTSIDE features a large detached garage (21.42 x 21.58 ft "” 437 sq ft) | Fully fenced yard | Mature trees | Great curb appeal. *** Each unit includes its own stove, fridge, washer & dryer. *** Whether you are an investor looking for a proven rental or a savvy buyer looking to live in one unit and rent the other "” this property delivers on every level. *** Seller is related to listing agent.

DAYS ON MARKET Login to view Days on Market LAST UPDATED 5/7/2026
TRACT Marlborough YEAR BUILT 1971
GARAGE SPACES 2.0 COUNTY Calgary
STATUS Active PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR None
APPLIANCES Electric Range, Microwave, Range Hood, Refrigerator, Washer/Dryer Stacked
BASEMENT Finished, Full, Yes
CONSTRUCTION Concrete, Frame, Stucco
EXTERIOR Private Yard
GARAGE Yes
HEAT Forced Air, Natural Gas
INTERIOR Kitchen Island
LOT 436 sq ft
LOT DESCRIPTION Back Yard, City Lot, Front Yard, Garden, Irregular Lot, Landscaped, Wooded
PARKING Garage
STYLE Attached-Up/Down, Bi-Level
SUBDIVISION Marlborough
TAXES 2363
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 422 40 STREET NE
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Listed with Real Broker

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Data last updated 6/5/26 8:40 PM PDT

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