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Home/Property Search/422 40 Street
101 days on market
$554,999est. $2,879/mo*
422 40 StreetCalgary, AB T2A0M5
4Beds
2Baths
728Sq Ft
1971Year Built
101On Market

About this home

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. (id:54561)

Property details

MLS® NumberA2309318
Property TypeDuplex
Lot Size31.03 m²
Annual Taxes$2,363 (2025)
Parking4 total

Monthly payment

Down payment
20% · $111,000
%
yrs
Principal & interest$2,593
Property tax (est.)$286
All-in monthly*$2,879

*Estimate. Includes principal & interest, an estimated Calgary property-tax mill rate, and the condo fee when the listing has one. Not a lender quote or a substitute for a tax assessment.

101 days on market
$554,999est. $2,879/mo*
422 40 StreetCalgary, AB T2A0M5 · Marlborough
MLS® NumberA2309318

Presented by Dana Paes, Real Broker · All prices in CAD