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Renanza Realty
For sale

422 40 Street NE

Calgary, Alberta

MLS® A2309318

$554,999

Status
Active
Property type
House
MLS® number
A2309318
Bedrooms
4
Bathrooms
2
Year built
1971

Listing description

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 summary

MLS® number
A2309318
Property type
Single Family
Building type
Duplex
Square footage
728 sq ft
Title
Freehold
Land size
31.03 square meters
Built in
1971
Annual property taxes
$2,363.00
Parking
4 spaces · Detached Garage
Days on market
123 days

Features & details

Heating
Forced air, Natural gas
Cooling
None
Basement
Finished, Full, Suite
Flooring
Laminate
Appliances
Refrigerator, Stove, Microwave, Hood Fan, Washer/Dryer Stack-Up
Exterior features
Concrete, Stucco
Lot features
Treed
Architectural style
Bi-level

What would this home cost you?

Based on the $554,999 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,582 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Real Broker, CALGARY.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.