422 40 Street NE

Key facts

• Property type: Single Family
• Structure: Duplex
• Transaction: For Sale
• Price: $554,999
• Bedrooms: 4
• Bathrooms: 2
• Interior size: 728 sqft
• Lot size: 31.03
• Year built: 1971
• Parking: 4

Listing overview

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 an...