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422 40 Street NE
Calgary
T2A 0M5
$554,999
Residential
beds: 4
baths: 2.0
728 sq. ft.
built: 1971
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2309318
- Bedrooms:
- 4
- Bathrooms:
- 2
- Year Built:
- 1971
- Photos (20)
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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 Type:
- Residential
- Property Sub Type:
- Semi Detached (Half Duplex)
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- Yes
- Num Legal Suites:
- 1
- Num Illegal Suites:
- 1
- Home Style:
- Attached-Up/Down, Bi-Level
- Total Living Area:
- 727.65 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Lot Area:
- 334 sq. ft.
- Lot Frontage:
- 24'7"
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
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- Acres Tame Hay:
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- Acres Treed:
- Signup
- Acres Waste:
- Signup
- Acres Water Rights:
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- Front Exposure:
- West
- Reg. Size:
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- Reg. Size Includes:
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- Entry Level:
- 1
- Levels:
- Bi-Level
- End Unit:
- 1 Common Wall
- Total Rooms Above Grade:
- 4
- Year built:
- 1971 (Age: 55)
- Bedrooms:
- 4 (Above Grd: 2)
- Bedrooms Above Grade:
- 2
- Bedrooms Below Grade:
- 2
- Bathrooms:
- 2.0 (Full:2, Half:0)
- Plan:
- 6689JK
- Heating:
- Forced Air, Natural Gas
- Basement:
- Full, Finished, None
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Concrete, Stucco, Wood Frame
- Structure Type:
- Duplex
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Laminate
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- Yes
- Garage Spaces:
- 2
- Parking:
- Alley Access, Double Garage Detached, Insulated
- Parking Covered:
- 437
- Parking Places:
- 4
- Parking Total/Covered:
- 4 / 437
- Laundry Features:
- Electric Dryer Hookup, Washer Hookup
- Northeast
- Marlborough
- Electric Stove, Microwave, Range Hood, Refrigerator, Washer/Dryer Stacked
- 2 stoves, 2 fridges, 2 washers, 2 dryers
- Noise Restriction
- Floor
- Type
- Size
- Other
- Main Floor
- Bedroom
- 9'10" × 8'8"
- Main Floor
- Kitchen
- 13'4" × 8'6"
- Main Floor
- Living Room
- 13'4" × 12'9"
- Main Floor
- Bedroom - Primary
- 11'1" × 8'8"
- Basement
- Bedroom
- 12'9" × 10'11"
- Basement
- Bedroom
- 10'9" × 9'
- Basement
- Kitchen
- 12'3" × 10'1"
- Basement
- Game Room
- 11' × 9'
- Basement
- Furnace/Utility Room
- 8'1" × 4'6"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 7'3" x 6'7"
- Basement
- No
- 3
- 7'8" x 8'
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby
- Interior Features:
- Kitchen Island
- Exterior Features:
- Private Yard
- Patio And Porch Features:
- Patio
- Lot Features:
- Back Yard, City Lot, Front Yard, Garden, Irregular Lot, Landscaped, Treed
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone NE
- Zoning:
- R-CG
- Listed Date:
- May 07, 2026
- Days on Mkt:
- Signup
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Listed by Real Broker
Data was last updated May 8, 2026 at 04:05 AM (UTC)
Area Statistics
- Listings on market:
- 15
- Avg list price:
- $520,000
- Min list price:
- $299,900
- Max list price:
- $715,000
- Avg days on market:
- 31
- Min days on market:
- 3
- Max days on market:
- 274
- Avg price per sq.ft.:
- $506.49
These statistics are generated based on the current listing's property type
and located in
Marlborough. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- Alice Walker
- Real Estate Professionals inc.
- 1 (403) 510-669
- akwalker58@gmail.com