422 40 Street NE Calgary, AB T2A 0M5
Listing Courtesy of: PILLAR 9 - IDX / Listed By: Real Broker

  422 40 Street NE Calgary, AB T2A 0M5

Active (113 Days)
$554,999 (CAD)
4
BED
2
BATH
728
SQFT

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.

MLS®:
A2309318
Lot Size
334 SQFT
Type
Single-Family Home
Year Built
1971
Style
Bi-Level, Attached-Up/Down

Listed By

Liviu Arsenev, Real Broker
Source
PILLAR 9 - IDX
Last checked Aug 28 2026 at 9:30 PM EDT
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Appliances : Refrigerator
  • Appliances : Electric Stove
  • Appliances : Microwave
  • Appliances : Range Hood
  • Appliances : Washer/Dryer Stacked
  • Laundry/Utility Room : Electric Dryer Hookup
  • Laundry/Utility Room : Washer Hookup
  • Kitchen Island
Subdivision
  • Marlborough
Lot Information
  • Landscaped
  • Irregular Lot
  • Treed
  • Back Yard
  • Front Yard
  • Garden
  • City Lot
Property Features
  • Fireplace: Total Fireplace(s) : 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Natural Gas
  • None
Basement Information
  • Full
Flooring
  • Laminate
Exterior Features
  • Roof: Asphalt Shingle
Garage
  • Double Garage Detached
Parking
  • Parking Space(s) : 4carport Space(s) : 437insulated
Stories
  • 2
Living Area
  • 728 sqft
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Disclaimer: Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.