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Home Communities Varsity 4312 40 Street NW
$649,900 Sold
4312 40 Street NW · Calgary · T3A 0H6
3 bd 2.0 ba 1,183 sqft $549/sqft Built 1964
MLS® A2319736 · Listed Jun 11, 2026
Listed by Century 21 Bamber Realty LTD. — Brad Falk
By the numbers

How this listing measures up

Value score Hot deal
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$/sqft $549
vs Varsity median -9% community avg $715K
Sqft per bedroom 394
Year built 1964
Annual taxes $4,573 2025
Garage 2 spaces
$/sqft distribution

Where this listing sits in Varsity

Of 73 active residential listings in Varsity, this property at $549/sqft sits in the $500–550 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 · $549
Other active listings This listing's price range This listing

About this property

The possibilities are endless in this charming Varsity bungalow! Whether you’re looking to renovate, fix & flip, tear down and build, or just move-in and live, this is the home for you. Located on a corner lot, you’ll have plenty of lot to work with or just enjoy a massive back yard with a side and back lane. Inside the house, you’ll find a well maintained mid-century beauty. The main floor includes 3 bedrooms and 1.5 bathrooms and loads of natural light! Pay attention to how well those original hardwood floors have been maintained. The bright and spacious kitchen leads you to the back door and large yard. Loads of options for development in the basement, the foot print is huge! Enjoy being steps from Market Mall, top-rated schools, U of C, Foothills & Children’s Hospitals, the LRT, and public transit. Varsity is one of Calgary’s most established and desirable communities and always ranked at the top of neighbourhood ranking lists. Book your showing today and get in on this rare opportunity for a home with massive potential.

Property details

Bedrooms3
Bathrooms2.0
StyleBungalow
HeatingForced Air
CoolingNone
FlooringHardwood,Linoleum
LevelsOne
BasementFull
Basement developmentUnfinished
Interior featuresSee Remarks
AppliancesDryer,Electric Stove,Refrigerator,Washer
Inclusionsn/a
LaundryIn Basement
Lot size6264.00 sqft
Frontage56.11 ft
Lot featuresBack Lane,Back Yard,Rectangular Lot
Exterior featuresNone
FencingFenced
PatioNone
Year built1964
Construction materialsWood Frame,Wood Siding
RoofTar/Gravel
FoundationPoured Concrete
Parking featuresDouble Garage Detached
Garage spaces2
Parking total2
Annual taxes$4,573
Tax year2025
Possession15 Days / Neg,Immediate
ZoningR-CG
TitleFee Simple
RestrictionsNone Known
NeighbourhoodVarsity
Community featuresPlayground,Schools Nearby,Shopping Nearby
List AORCalgary

Location

Sold comparables in Varsity

117 recent sales 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: Century 21 Bamber Realty LTD. — Brad Falk.