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Home Communities Varsity 4936 40 Avenue NW
$700,000 Sold
4936 40 Avenue NW · Calgary · T3A 0X2
4 bd 2.0 ba 948 sqft $739/sqft Built 1971
MLS® A2284747 · Listed Feb 11, 2026
Listed by Real Broker — Jordan Hall
By the numbers

How this listing measures up

$/sqft $739
vs Varsity median -2% community avg $715K
Sqft per bedroom 237
Year built 1971
Annual taxes $4,465 2025
Garage 2 spaces
$/sqft distribution

Where this listing sits in Varsity

Of 73 active residential listings in Varsity, this property at $739/sqft sits in the $700–750 range.
$150–$200/sqft · 1 listing $200–$250/sqft · 2 listings $250–$300/sqft · 8 listings $300–$350/sqft · 6 listings $350–$400/sqft · 8 listings $400–$450/sqft · 4 listings $450–$500/sqft · 10 listings $500–$550/sqft · 5 listings $550–$600/sqft · 7 listings $600–$650/sqft · 4 listings $650–$700/sqft · 8 listings $700–$750/sqft · 6 listings $750–$800/sqft · 0 listings $800–$850/sqft · 4 listings $150 $250 $350 $450 $550 $650 $750 $850 This · $739
Other active listings This listing's price range This listing

About this property

OPEN HOUSE - Saturday Feb 21st, 12:00p.m. - 2:00p.m. Beautifully renovated 4-level split in the heart of Varsity. Step inside to a bright, open main floor featuring a sleek contemporary kitchen with stainless steel appliances, granite countertops, elegant cabinetry, modern backsplash, and generous prep space — ideal for both everyday living and entertaining. Large front windows flood the living and dining areas with natural light, creating a warm and welcoming atmosphere. Upstairs offers two comfortable bedrooms and a fully updated bathroom with stylish modern finishes. The lower level provides two additional bedrooms and another full 4-piece bath — perfect for family, guests, or a home office setup. There is also a basement level that offers excellent potential for future development to suit your needs. Situated on a spacious lot, you’ll enjoy a side porch and a private backyard patio with plenty of room for summer BBQs and outdoor entertaining. The oversized double detached garage is insulated and drywalled, with an additional rear parking stall ideal for extra vehicles or trailer storage. Hardwood and tile flooring throughout, pride of ownership evident, and truly move-in ready. Located in one of Calgary’s most sought-after northwest communities — close to Market Mall, schools, parks, playgrounds, the Bow River pathway system, hospitals, transit, and with convenient access downtown. A stylish, functional home in an unbeatable location — don’t miss it.

Property details

Bedrooms4
Bathrooms2.0
Style4 Level Split
HeatingForced Air
CoolingNone
FlooringHardwood,Tile
Levels4 Level Split
BasementFull
Basement developmentPartially Finished
Interior featuresGranite Counters,No Animal Home,No Smoking Home,Open Floorplan,Storage
AppliancesDishwasher,Electric Stove,Garage Control(s),Microwave Hood Fan,Refrigerator,Washer/Dryer,Window Coverings,Wine Refrigerator
InclusionsN/A
LaundryIn Basement
Lot size5995.00 sqft
Frontage50 ft
Lot featuresBack Lane,Few Trees,Front Yard,Fruit Trees/Shrub(s),Landscaped,Lawn,Rectangular Lot,Street Lighting
Exterior featuresPrivate Entrance,Private Yard
FencingFenced
PatioPatio,Side Porch
Year built1971
Construction materialsConcrete,Stucco,Wood Siding
RoofMembrane
FoundationPoured Concrete
Parking featuresAdditional Parking,Double Garage Detached,Garage Door Opener,Insulated,Off Street,On Street,Parking Pad
Garage spaces2
Parking total3
Annual taxes$4,465
Tax year2025
PossessionNegotiable
ZoningR-CG
TitleFee Simple
RestrictionsNone Known
NeighbourhoodVarsity
Community featuresPark,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths
List AORCalgary

Location

Sold comparables in Varsity

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About Varsity

AI-generated summary

A well-established northwest Calgary community with a mature, relaxed feel, known for its tree-lined streets and proximity to the University of Calgary. Varsity balances quiet suburban living with convenient access to major amenities.

Bordered by the University of Calgary to the south and Market Mall to the west
Varsity Ravine provides a natural green corridor through the community
Alberta Children's Hospital and Foothills Medical Centre are a short drive away
Housing
Predominantly single-family detached homes from the 1960s–1980s, with some townhouses and low-rise condominiums, offering solid value in a mature setting.
Transit
Served by Calgary Transit bus routes with the University of Calgary CTrain station (Red Line) nearby, making car-free commuting to the core feasible.
Amenities
Market Mall shopping centre is steps away, and residents enjoy easy access to the Bow River pathways, Varsity Ravine Park, and the wide range of services along Crowchild Trail NW.
Who lives here
A mix of long-time homeowners, university faculty and staff, and families drawn to the established neighbourhood character and proximity to the University of Calgary and Alberta Children's Hospital.
Full Varsity community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

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Listed by: Real Broker — Jordan Hall.