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422 40 Street NE
Calgary Alberta T2A0M5 Canada

$554,999

Active Listing ID A2309318
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4 bed
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728 square feet
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2.00 Bath
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Single Family

$554,999

Active Listing ID A2309318
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422 40 Street NE 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. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: None
  • Exterior Finish: Concrete, Stucco
  • Floor Covering: Laminate
  • Heating Systems: Forced air, Natural gas
  • Additional Features
  • Basement
Listing Changed: 5/8/2026 3:40:21 AM GMT
Source Updated Date: 5/10/2026 4:51:26 PM GMT

Courtesy of: Liviu Arsenev, Associate, Real Broker