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2
Bedrooms
2
Bathrooms
727
Sq ft
1971
Year built
$2,363
Property tax (2025)
2
Garage
334
Lot sq ft
$554,999
422 40 Street NE, Calgary T2A0M5
MarlboroughActiveMLS® A2309318· 56 days on market
CalgaryListings Insight
This home at 422 40 Street NE is a 2-bedroom home with 2 bathrooms. Built in 1971, it is located in the community of Marlborough and offers 727 sq ft of living space above grade. Notable features include a fully finished basement, a double garage, and laminate flooring. Before writing, ask about recent comparable sales, inspection items, permits, basement development, and long-term resale fit. If rental income is part of the plan, verify suite legality, permits, insurance, lender treatment, and current lease details before removing conditions. MLS® A2309318.
This home at 422 40 Street NE is a 2-bedroom home with 2 bathrooms. Built in 1971, it is located in the community of Marlborough and offers 727 sq ft of living space above grade. Notable features include a fully finished basement, a double garage, and laminate flooring. Before writing, ask about recent comparable sales, inspection items, permits, basement development, and long-term resale fit. If rental income is part of the plan, verify suite legality, permits, insurance, lender treatment, and current lease details before removing conditions. MLS® A2309318.
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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.
Property Taxes
$2,363/yr (2025)
Listing Information
MLS® NumberA2309318
StatusActive
List Price$554, 999
Days on Market56 days
OccupancyTenant
Property Details
Property TypeSemi Detached (Half Duplex)
Architectural StyleAttached-Up/Down, Bi-Level
ZoningR-CG
Above-Grade Sq Ft727 sq ft
Year Built1971
Bedrooms2
Full Bathrooms2
Total Bathrooms2
Interior
BasementFull, Finished, None
FlooringLaminate
Fireplaces0
HeatingForced Air, Natural Gas
Air ConditioningNone
Exterior & Parking
ExteriorConcrete, Stucco, Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Garage Spaces2
Total Parking4
Patio / DeckPatio
Site & Lot
Lot Size334 sq ft
Lot Acres0.01 acres
Lot Width24.61
Lot FeaturesBack Yard, City Lot, Front Yard, Garden, Irregular Lot, Landscaped, Treed
Legal Description6689JK;4;4
Inclusions
Electric Stove,Microwave,Range Hood,Refrigerator,Washer/Dryer Stacked
Room Dimensions
Main Level
4pc Bathroom6`7" × 7`3"
Bedroom9`10" × 8`8"
Kitchen8`6" × 13`4"
Living Room12`9" × 13`4"
Bedroom - Primary11`1" × 8`8"
Basement Level
3pc Bathroom8`0" × 7`8"
Bedroom10`11" × 12`9"
Bedroom9`0" × 10`9"
Kitchen12`3" × 10`1"
Game Room9`0" × 11`0"
Furnace/Utility Room8`1" × 4`6"
Property History
No previous MLS® listings on record for this property — this appears to be its first time offered. Want to know how often homes nearby change hands? Ask our team.
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