For Sale

422, 40 Street NE, Alberta, Calgary

4 Beds 2 Bath 727 Sqft

$554,999

About Property

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.

4 Bedrooms
2 Bathrooms
727 sq ft
437 Garage
Built 1971
Active
Floor
Interior Details
  • Kitchen Island
Outdoor Details
  • Private Yard
MLS Number
241912202
Price
$554,999

Bedrooms
4
Bathroom
2

Square Footage
727 sq ft
Property Type
RES

Community Name
Features
Forced Air,Natural Gas, Electric Dryer Hookup,Washer Hookup

Parking Space Total
Lot Size
Bathroom Total
2
Bedrooms Total
4

Appliances
Concrete,Stucco,Wood Frame
Cooling Type
None

Constructed Date
1971
Heating Type
Forced Air,Natural Gas

Pool
Exterior Finish
Attached-Up/Down,Bi-Level

Fireplace Present
No
Fireplace Total
0

Flooring Type
Laminate
Foundation Type
Poured Concrete

Half Bath Total
0
Stories Total

Size Interior
727
Total Finished Area
727
Spaces
437

Details
Alley Access,Double Garage Detached,Insulated
LEVEL
TYPE
LENGTH
WIDTH
DIMENSIONS

Mr. Amandeep Budhail

Call Us

+1 (403) 470-3527

Website

https://www.crown-realty.ca

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