422 40 Street NE, Calgary, Alberta

Property for Sale in Calgary

422 40 Street NE, Calgary, AB

  • CA$554,999
  • 2+2 BEDS
  • 2 BATHS
  • 727.65 sq.ft. Space
  • CA$554,999

Property for Sale in Calgary

422 40 Street NE, Calgary, AB

  • CA$554,999
  • 2+2 BEDS
  • 2 BATHS
  • 727.65 sq.ft. Space
  • CA$554,999

Key Facts

  • MLS® #: A2309318
  • Property ID: SIRC3321165
  • Property Type: Residential, Other
  • Interior Area¹: 727.65 sq.ft.
  • Lot Size¹: 0.01 ac
  • Year Built: 1971
  • Bedrooms: 2+2
  • Bathrooms: 2
  • Parking Spaces: 4
  • Listed By:
  • Real Broker

Property Description

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.

Rooms

  • TypeLevelDimensionsFlooring
  • BathroomMain7' 3" x 6' 6.9"Other
  • BedroomMain8' 8" x 9' 9.9"Other
  • KitchenMain13' 3.9" x 8' 6"Other
  • Living roomMain13' 3.9" x 12' 9"Other
  • Primary bedroomMain8' 8" x 11' 9.6"Other
  • BathroomBasement7' 8" x 8'Other
  • BedroomBasement12' 9" x 10' 11"Other
  • BedroomBasement10' 9" x 9'Other
  • KitchenBasement10' 9.6" x 12' 3"Other
  • PlayroomBasement11' x 9'Other
  • UtilityBasement4' 6" x 8' 9.6"Other

Listing Agents

Real Broker

Request More Information

*Showing requires confirmation from agent.

Request More Information

*Showing requires confirmation from agent.

Location

422 40 Street NE, Calgary, Alberta, T2A0M5 Canada

Around this property

Information about the area within a 5-minute walk of this property.

Request Neighbourhood Information

Learn more about the neighbourhood and amenities around this property

Request Now

Payment Calculator

mo.* estimated monthly payment based on:
  • $
  • %$
  • %
  • Principal and Interest 0
  • Property Taxes 0
  • Strata / Condo Fees 0
* This payment calculator’s purpose is to provide a rough estimate for planning and educational purposes only. It should not be used as your sole source of information for financial planning purposes. This tool does not offer a loan nor does it solicit your information, it is also not financial or legal advice. Please contact a qualified professional for your financial advice. No responsibility or liability whatsoever can be accepted by Sotheby’s International Realty Canada or Sotheby’s International Realty Affiliates for any loss or damage resultant from any use of, reliance on or reference to the contents of this payment calculator.

Similar PropertiesSee All Similar Properties

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.
¹Square footage refers to the total area of living space within a residential structure or the property lot size. All information regarding lot or house size is deemed reliable but not guaranteed and must be verified by the purchaser. Measurement definitions may vary by region.
Home/Alberta/Calgary/MLS® A2309318