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Cathy Gallagher 403-880-8299

SERVING YOUR CALGARY REAL ESTATE NEEDS



 
Data Last Updated May 21, 2026, 5:32 pm

 
Courtesy of Real Broker

Marlborough Attached-Up/Down,Bi-Level
Bedrooms 4 Bathrooms 2 Parking 2
No Floor Plan Available
$554,999
MLS® #:  A2309318
Address:  422 40 Street
Size: 728 sq. ft.
Days On Website:  ACCESS Days on Website

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Descriptions:

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.

Status: Active
Includes: 2 stoves, 2 fridges, 2 washers, 2 dryers
Site Influences:
Back Yard, City Lot, Front Yard, Garden, Irregular Lot, Landscaped, Treed
Legal Description:
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Location & Listing Info:
Zoning: R-CG
Neighbourhood: Marlborough
Lot Size: 0.01 sq.ft.
Lot Shape: Back Yard,City Lot,Front Yard,Garden,Irregular Lot,Landscaped,Treed
Zone: Zone NE
County: Calgary
Property Info:
Property Type: Semi Detached (Half Duplex)
Home Style: Attached-Up/Down,Bi-Level
Year Built: 1971
Total Floor Area: 728 sq. ft.
Brokerage: Real Broker
End Unit: 1 Common Wall
Construction Type: Concrete,Stucco,Wood Frame
Front Exposure: W
Exterior:
Exterior: Concrete, Stucco, Wood Frame
Construction: Concrete,Stucco,Wood Frame
Frontage: 7.50M 24`7"
Front Exposure: W
Roof: Asphalt Shingle
Financial & Possession:
Tax: ACCESS Taxes
Possession: ACCESS Possession
Occupancy: ACCESS Occupancy
Seller's Rights Reserved: ACCESS Seller's Rights Reserved
Rooms:
Total Bedrooms: 4  (Bedrooms Above: 2)
Bathrooms: Full: 2 / Half: 0
Rooms Above: 4
Ensuite: No
Enclosed Parking: 437
Parking Plan Type: Alley Access,Double Garage Detached,Insulated
Garage: 1
Additional Info:
Heating: Forced Air, Natural Gas
Basement: Full
Basement Type: Full
Floor Finish: Laminate
Fireplace Details: For Sale
Parking: Alley Access, Double Garage Detached, Insulated
Total Parking: 4  (Covered: 437)
Restrictions: Contact for Restrictions
Heating Type: Forced Air,Natural Gas
Heating Fuel: Forced Air,Natural Gas
Restrictions: Noise Restriction
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Contact Cathy Gallagher -
100, 5810 - 2nd Street S.W., Calgary, Alberta, T2H 0H2
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Cathy Gallagher, Real Estate Professionals
100, 5810 - 2nd Street S.W., Calgary, Alberta T2H 0H2
Tel: 403-880-8299
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