422 40 Street Ne, Calgary, AB, T2A0M5
$554,999
4
Beds
2
Baths
728
Square feet
0.01
Acres
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.
Features of 422 40 Street Ne, Calgary
| MLS® # | A2309318 |
|---|---|
| Price | $554,999 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 728 |
| Acres | 0.01 |
| Year Built | 1971 |
| Type | Residential |
| Sub-Type | Semi Detached (Half Duplex) |
| Style | Attached-Up/Down, Bi-Level |
| Status | Active |
| Address | 422 40 Street Ne |
|---|---|
| Subdivision | Marlborough |
| City | Calgary |
| County | Calgary |
| Province | Alberta |
| Postal Code | T2A0M5 |
| Zone | Zone NE |
Amenities at 422 40 Street Ne, Calgary, AB
| Parking Spaces | 4 |
|---|---|
| Parking | Alley Access, Double Garage Detached, Insulated |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
| Suite | Yes |
| Interior Features | Kitchen Island |
|---|---|
| Appliances | Electric Stove, Microwave, Range Hood, Refrigerator, Washer/Dryer Stacked |
| Heating | Forced Air, Natural Gas |
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full |
| Exterior Features | Private Yard |
|---|---|
| Lot Description | Back Yard, City Lot, Front Yard, Garden, Irregular Lot, Landscaped, Treed |
| Roof | Asphalt Shingle |
| Construction | Concrete, Stucco, Wood Frame |
| Foundation | Poured Concrete |
| Date Listed | May 7th, 2026 |
|---|---|
| Days on Market | 117 |
| Zoning | R-CG |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
422 40 Street Ne, Calgary Listing Details
| Office | Real Broker |
|---|---|
| Website | To see this home contact Chamberlain Real Estate Group to Schedule your tour. |
More About 422 40 Street Ne, Calgary, AB
422 40 Street Ne Calgary is located in the neighbourhood of Marlborough. The community of Marlborough has 27 available properties. Marlborough makes up 0.39% of the 6,917 total properties listed in Calgary. Homes in Marlborough are listed for an average price of $494,388. That is 26.94% lower than the average asking price of $676,676 found across all Calgary properties for sale. If you would like to see other homes like 422 40 Street Ne Calgary please reach out to us 403-879-4145. Properties like 422 40 Street Ne can come and go quickly and it's a big reason why having a personalized strategy and search set up for you is key. Let us know how we can help so we don't miss out on 422 40 Street Ne Calgary or another home like it in the future. Get directions to 422 40 Street Ne Calgary.