422 40 Street Ne Calgary, Alberta T2A 0M5
$554,999
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. (id:63982)
Property Details
| MLS® Number | A2309318 |
| Property Type | Single Family |
| Community Name | Marlborough |
| Amenities Near By | Park, Playground, Schools, Shopping |
| Features | Treed |
| Parking Space Total | 4 |
| Plan | 6689jk |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 2 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 4 |
| Appliances | Refrigerator, Stove, Microwave, Hood Fan, Washer/dryer Stack-up |
| Architectural Style | Bi-level |
| Basement Development | Finished |
| Basement Features | Suite |
| Basement Type | Full (finished) |
| Constructed Date | 1971 |
| Construction Material | Poured Concrete, Wood Frame |
| Construction Style Attachment | Semi-detached |
| Cooling Type | None |
| Exterior Finish | Concrete, Stucco |
| Flooring Type | Laminate |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 728 Ft2 |
| Total Finished Area | 727.65 Sqft |
| Type | Duplex |
Parking
| Detached Garage | 2 |
Land
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Park, Playground, Schools, Shopping |
| Landscape Features | Garden Area, Landscaped |
| Size Frontage | 7.5 M |
| Size Irregular | 31.03 |
| Size Total | 31.03 M2|0-4,050 Sqft |
| Size Total Text | 31.03 M2|0-4,050 Sqft |
| Zoning Description | R-cg |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | 3pc Bathroom | 8.00 Ft x 7.67 Ft | ||
| Basement | Bedroom | 10.92 Ft x 12.75 Ft | ||
| Basement | Bedroom | 9.00 Ft x 10.75 Ft | ||
| Basement | Kitchen | 12.25 Ft x 10.08 Ft | ||
| Basement | Recreational, Games Room | 9.00 Ft x 11.00 Ft | ||
| Basement | Furnace | 8.08 Ft x 4.50 Ft | ||
| Main Level | 4pc Bathroom | 6.58 Ft x 7.25 Ft | ||
| Main Level | Bedroom | 9.83 Ft x 8.67 Ft | ||
| Main Level | Kitchen | 8.50 Ft x 13.33 Ft | ||
| Main Level | Living Room | 12.75 Ft x 13.33 Ft | ||
| Main Level | Primary Bedroom | 11.08 Ft x 8.67 Ft |
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May 08 2026 03:30:50
Calgary Real Estate Board
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