Property Details

422 40 Street NE
Calgary (A2309318)

$554,999
4
2
728 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

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.

Property details

Basic Info

MLS® #
A2309318
Property Type:
Residential
Subtype:
Semi Detached (Half Duplex)
Subdivision:
Marlborough
Price
$554,999
Sale/Lease:
For Sale
Size:
728 sq.ft.
Bedrooms:
4
Bathrooms:
2
Year Built:
1971 (55 years old)

Building Info

Structure Type:
Duplex
Building Style:
Attached-Up/Down, Bi-Level
Garage:
Yes
Parking:
Alley Access, Double Garage Detached, Insulated
Fence:
Fenced
Basement:
Full
Features:
Kitchen Island
Inclusions:
2 stoves, 2 fridges, 2 washers, 2 dryers
Appliances:
Electric Stove, Microwave, Range Hood, Refrigerator, Washer/Dryer Stacked
Laundry:
Electric Dryer Hookup, Washer Hookup
Exterior Features:
Private Yard
Patio/Porch Features:
Patio

Neighborhood Info

Nearby Amenities:
Park, Playground, Schools Nearby, Shopping Nearby

Lot / Land Info

Lot Size:
0 acres
Lot Features:
Back Yard, City Lot, Front Yard, Garden, Irregular Lot, Landscaped, Treed
Zoning:
R-CG

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Concrete,Stucco,Wood Frame
Floors:
Laminate
Foundation:
Poured Concrete
Heating:
Forced Air, Natural Gas
Cooling:
None
Amenities:
Park, Playground, Schools Nearby, Shopping Nearby

Listing Info

Possession:
Immediate
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

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