422 40 Street NE, Calgary, Alberta, T2A0M5

422 40 Street NE, Calgary, Alberta, T2A0M5

$554,999
$554,999

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A2309318
MLS Number

4
Bedrooms

2
Bathrooms

727.65
sqft

0.01
Lot sqft

1971
Year Built

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 SUITE features 2 bedrooms | 3pc bathroom | Full kitchen | Rec room | Laminate flooring in bedrooms | In-suite laundry. Please note the lower 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.