Address
422 40 Street Ne, Calgary, AB
Price
$ 554,999
Property Attributes
- ID#A2309318
- TypeSingle Family
- Listing Status Active
- CityCalgary
- AreaCAL Zone NE
- NeighbourhoodMarlborough
- Postal CodeT2A 0M5
- StyleAttached-Up/Down,Bi-Level
- Year Built1971
- Price$ 554,999
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage727
- Lot Size0.007668 Acres
Data Source:
Pillar 9 Technologies
Property Description
TURNKEY INVESTMENT OPPORTUNITY in established NE Calgary — this fully renovated bi-level duplex has been rented consistently every year at $2,400-3,000/month and has a long term agreement with tenants for the legal suite(full home). 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.
| Price History | |
|---|---|
| 5/8/2026 | Listed $554,999 |
General Features
| Heating | Forced Air,Natural Gas |
|---|---|
| Cooling | None |
| Roof | Asphalt Shingle |
| Appliances | Electric Stove,Microwave,Range Hood,Refrigerator,Washer/Dryer Stacked |
| Zoning | R-CG |
| Number of Garage Spaces | 2 |
| Restrictions | Noise Restriction |
| Year Built | 1971 |
| Architectural Style | Attached-Up/Down,Bi-Level |
| Community Features | Park,Playground,Schools Nearby,Shopping Nearby |
| Levels | Bi-Level |
| Property Subtype | Semi Detached (Half Duplex) |
| Transaction Type | For Sale |
| Carport Spaces | 437 |
| County | Calgary |
| Property Type | Residential |
| Subdivision Name | Marlborough |
| Parking Total | 4 |
| Construction Materials | Concrete,Stucco,Wood Frame |
| District | CAL Zone NE |
| Full Baths | 2 |
| Status | Active |
| City | Calgary |
| Basement Development | Finished |
| Structure Type | Duplex |
| Standard Status | Active |
| Condo Type | Not a Condo |
| Suite | Yes |
Interior Features
| Interior Features | Kitchen Island |
|---|---|
| Basement | Full |
| Flooring | Laminate |
| Entry Level | 1 |
| Basement Features | None |
| Bedrooms Above Grade | 2 |
| Rooms Above Grade | 4 |
| Total Bedrooms | 4 |
| Below Grade Finished Area Unit Type | SquareFeet |
| Common Walls | 1 Common Wall |
| Total Baths | 2 |
| Laundry Features | Electric Dryer Hookup,Washer Hookup |
| Main Level Areas | SquareFeet |
Exterior Features
| Exterior Features | Private Yard |
|---|---|
| Lot Features | Back Yard,City Lot,Front Yard,Garden,Irregular Lot,Landscaped,Treed |
| Fencing | Fenced |
| Inclusions | 2 stoves,2 fridges,2 washers,2 dryers |
| Parking Features | Alley Access,Double Garage Detached,Insulated |
| Frontage Length | 7.50M 24`7 |
| Foundation | Poured Concrete |
| Lot Size Acres | 0.01 |
| Garage Y/N | Yes |
| Lot Size Square Feet | 334 |
| Frontage Ft | 24.61 |
| Patio And Porch Features | Patio |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in T2A 0M5
Price
Year Built
Visits
In The Neighbourhood
Reduced
Calgary
$ 540,000
- Type
- Single Family
- Size
- 1,025 SqFt
- Rooms
- 5 Beds + 2 Baths
First Place Realty
Reduced
Calgary
$ 579,900
- Type
- Single Family
- Size
- 950 SqFt
- Rooms
- 5 Beds + 2 Baths
RE/MAX House of Real Estate
Reduced
Calgary
$ 588,888
- Type
- Single Family
- Size
- 1,088 SqFt
- Rooms
- 5 Beds + 2 Baths
REMAX Innovations
Reduced
Calgary
$ 569,000
- Type
- Single Family
- Size
- 1,361 SqFt
- Rooms
- 4 Beds + 2 Baths
Royal LePage Solutions
Fixer Upper
Calgary
$ 359,900
- Type
- Single Family
- Size
- 782 SqFt
- Rooms
- 2 Beds + 1.5 Baths
RE/MAX First
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
