422 40 Street NE
Calgary, AB, T2A0M5
$554,999
4 Beds
2 Baths
727 SqFt
0.01 Acres
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MLS #A2309318 image #0
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 &#38' flooring | New bathroom flooring, tiling &#38' 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 &#38' 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

Price:
$554,999
MLS #:
A2309318
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Semi Detached (Half Duplex)
Subdivision:
Marlborough
Listed Date:
May 7, 2026
Finished Sq Ft:
727
Lot Size:
334 sqft / 0.01 acres (approx)
Year Built:
1971
MarlboroughFullBack Yard,city Lot,front Yard,garden,irregular Lot,landscaped,treed

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Schools

Interior

Appliances
Electric Stove, Microwave, Range Hood, Refrigerator, Washer/Dryer Stacked
Basement
Full
Bathrooms Full
2
Laundry Features
Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Features
Private Yard
Lot Features
Back Yard, City Lot, Front Yard, Garden, Irregular Lot, Landscaped, Treed
Parking Features
Alley Access, Double Garage Detached, Insulated
Parking Total
4
Patio And Porch Features
Patio
Roof
Asphalt Shingle

Financial

Map

Community

Subdivisions in Calgary

Market Summary

Current real estate data for Single Family in Calgary as of May 08, 2026
3,227
Single Family Listed
38
Avg DOM
487
Avg $ / SqFt
$877,679
Avg List Price

Property Summary

    Located in the Marlborough subdivision, 422 40 Street NE Calgary AB is a Single Family for sale in Calgary, AB, T2A0M5. It is listed for $554,999 and features 4 beds, 2 baths, and has approximately 727 square feet of living space, and was originally constructed in 1971. The current price per square foot is $763. The average price per square foot for Single Family listings in Calgary is $487. The average listing price for Single Family in Calgary is $877,679. To schedule a showing of MLS#a2309318 at 422 40 Street NE in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .

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