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$554,999
Alberta,Calgary
For Sale Active
422 40 Street NE, Calgary, Alberta T2A0M5
  • 4
  • 2
  • 728 Sqft
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Basic Details
Description

TURNKEY INVESTMENT OPPORTUNITY in established NE Calgary — this fully renovated bi-level duplex has been rented consistently every year at $2, 400-3, 000/month and has a long term agreement with tenants for the legal suite(full home). 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. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: A2309318
  • Price: $554,999
  • Bedrooms: 4
  • Bathrooms: 2
  • Square Footage: 728 Sqft
  • Year Built: 1971
  • Status: Active
  • Office Name: Real Broker
  • Property Attached Yn: 1
  • Property Sub Type: Single Family
  • Office Key: 291033
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: None
  • Basement: Finished, Full, Suite
  • Fence: Fence
  • Parking: Detached Garage
  • Architectural Style: Bi-level
  • Exterior Features: Concrete, Stucco
  • Flooring: Laminate
Address Map
  • Location: CA, Alberta, Calgary, Marlborough, T2A0M5
  • Street: 40
  • Street Number: 422
  • Street Suffix: Street
  • Longitude: W114° 1' 30.2''
  • Latitude: N51° 3' 14.5''
  • Street Dir Suffix: Northeast
Additional Information
  • Construction Materials:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 31.03
Financial
  • Tax Annual Amount: 2363
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Listing updated: 2026-07-18 03:49:07
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Listing Information
  • List Agent Key: 2201724
  • List Office Key: 291033
  • Modification Timestamp: 2026-07-02T22:15:08Z
  • Originating System Name: Calgary Real Estate Board
  • Status Change Timestamp: 2026-07-02T22:09:42Z
Powered by REALTOR.ca
Listing updated: 2026-07-18 03:49:08
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