For Sale: 422 40 Street NE, Calgary, AB - REW
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$554,999
4 bd • 2 ba • 728 sf • Duplex
422 40 Street NE
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$554,999
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422 40th Street NECalgary, AB, T2A 0M5

Marlborough
  • 4 Bed
  • 2 Bath
  • 728 Sqft
  • Duplex

About this home

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.
Listed by: Liviu Arsenev, Real Broker

Home facts and features

Price details
List Price
$554,999
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Home facts
Bedrooms
4
Full Bathrooms
2
Parking Spaces
2
Property Type
Duplex
Lot Size
436 ft²
Frontage
24.61 ft
Year Built
Built in 1971 (55 yrs old)
Style
Attached-Up/Down,Bi-Level
Heating Type
Forced Air,Natural Gas
Basement Details
Full
Features
Back Yard, City Lot, Electric Dryer Hookup, Front Yard, Garden, Irregular Lot, Kitchen Island, Landscaped, Park, Private Yard, Schools Nearby, Treed, Washer Hookup
Amenities
Playground, Shopping Nearby
Appliances
Microwave, Range Hood, Refrigerator, Stove, Washer/dryer Stacked
Community
Agent details
Primary Agent
Primary Broker
Real Broker
Listing details
Days on REW
30 Days
MLS® Number
A2309318
Source
Pillar 9
Board
Calgary Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Marlborough School
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  • In Catchment
Bob Edwards School
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  • In Catchment
St. Mark Elementary School
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  • In Catchment
Calgary Islamic School (Omar Bin Al-Khattab Campus)
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  • In Catchment
Chris Akkerman School
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  • In Catchment
Rundle School
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  • In Catchment
Roland Michener School
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  • In Catchment
St. Martha School
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Mayland Heights School
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Cecil Swanson School
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Call Agent
Liviu Arsenev
Phone:
403-455-5215
Office:
855-623-6900
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