422 40 Street NE, Calgary, Alberta

Residential For Sale in Calgary, Alberta

$554,999

  • Residential
    Property Type
  • 4
    Bedrooms
  • 2
    Bath
  • 2
    Garage
  • 728
    Sq Ft
  • 1971
    Year Built

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.

Street Address: 422 40 Street NE
City: Calgary
Province/State: Alberta
Postal Code: N/A
County/Parish: Calgary
Subdivision: Marlborough
Country: Canada
Latitude: 51.05402806
Longitude: -113.97495572

MLS® Number: A2309318
Price: $554,999
Property Area: 728 Sq ft
Bedrooms: 4
Bathrooms Half: 0
Bathrooms Full: 2
Living Area: 728 Sq ft
Building Area: 0 Sq ft
Year Built: 1971
Listing Date: May 07, 2026
Garage Spaces: 2
Property Type: Residential
Property Subtype: Semi Detached (Half Duplex)
MLS Status: Active

Additional Details

Flooring: N/A
Construction: Concrete,Stucco,Wood Frame
Parking: Alley Access,Double Garage Detached,Insulated
Appliances: Electric Stove,Microwave,Range Hood,Refrigerator,Washer/Dryer Stacked
Stories: N/A
Zoning: R-CG
Fireplace: N/A
Amenities: Park,Playground,Schools Nearby,Shopping Nearby

Utilities & Systems

Heating: Forced Air,Natural Gas
Cooling: None

Property Type Residential
Building Type Semi Detached (Half Duplex)
Square Footage 728 sqft
Community Name Marlborough
Subdivision Name Marlborough
Title Fee Simple
Land Size 334 sqft
Built in 1971
Annual Property Taxes Contact listing agent
Parking Type Garage

Bedrooms
Above Grade 2
Bathrooms
Total 2
Partial 0
Interior Features
Appliances Included Electric Stove, Microwave, Range Hood, Refrigerator, Washer/Dryer Stacked
Flooring Laminate
Building Features
Features Kitchen Island
Construction Material Concrete, Stucco, Wood Frame
Structures Patio
Heating & Cooling
Cooling None
Heating Type Forced Air, Natural Gas
Exterior Features
Exterior Finish Concrete, Stucco, Wood Frame
Neighbourhood Features
Community Features Park, Playground, Schools Nearby, Shopping Nearby
Amenities Nearby Park, Playground, Schools Nearby, Shopping Nearby
Parking
Parking Type Garage
Total Parking Spaces 4

Interior Size
Total Finished Area: 728 sq ft
Total Finished Area (Metric): 67.60 sq m
Room Count
Bedrooms: 4
Bathrooms: 2
Full Bathrooms: 2
Rooms Above Grade: 4
Lot Information
Lot Size: 334 sq ft
Lot Size (Acres): 0.01 acres
Frontage: 25 ft
Legal
Legal Description: 6689JK;4;4
Title to Land: Fee Simple

  • Kitchen Island
  • Private Yard
  • Electric Stove
  • Microwave
  • Range Hood
  • Refrigerator
  • Washer/Dryer Stacked
  • Full
  • Park
  • Playground
  • Schools Nearby
  • Shopping Nearby
  • Concrete
  • Stucco
  • Wood Frame
  • Poured Concrete
  • Back Yard
  • City Lot
  • Front Yard
  • Garden
  • Irregular Lot
  • Landscaped
  • Treed
  • Alley Access
  • Double Garage Detached
  • Insulated
  • Patio

Floor plan information is not available for this property.

Monthly Payment Breakdown
Principal & Interest: $0
Property Tax: $0
Home Insurance: $0
HOA Fees: $0
PMI: $0

Total Monthly Payment: $0
Chart Mortgage:

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