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Home Communities Varsity 238-4037 42 Street NW
$499,900 Sold
238-4037 42 Street NW · Calgary · T3A2M9
2 bd 3.0 ba 1,724 sqft $290/sqft Built 1979
MLS® A2320831 · Listed Jun 12, 2026
Listed by Real Broker — Erin Dupont
By the numbers

How this listing measures up

$/sqft $290
vs Varsity median -31% community avg $721K
Sqft per bedroom 862
Year built 1979
Annual taxes $3,431 2026
Garage 1 space
$/sqft distribution

Where this listing sits in Varsity

Of 72 active residential listings in Varsity, this property at $290/sqft sits in the $250–300 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 · 6 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 · $290
Other active listings This listing's price range This listing

About this property

Welcome to this thoughtfully designed, 2 Bed + Den home that combines both comfort and tranquility, in one of Calgary’s most sought-after communities. This beautiful residence offers generous living spaces, elegant finishes, and an unbeatable location, backing onto a serene oasis. When you enter the front door, the spacious foyer sets a welcoming tone, featuring a grand staircase up to the main living area. The home is bright and open, with high ceilings and expansive windows that fill the interior with natural light, while offering beautiful views of greenery, trees and a pond. The spacious great room is centered around the feature fireplace, creating a perfect space for both relaxation and gathering. The adjacent dining area is ideal for entertaining and hosting, as it includes a built-in bar. The kitchen has been tastefully updated with classic white cabinetry, new stainless steel fridge and ample counter and cabinet space. There is a cozy breakfast nook with large windows making the kitchen area both stylish and functional. From here, a beautifully crafted wooden staircase leads upstairs to a versatile den—an ideal space for a home office, library, or media room. There is a balcony directly off the den, perfect for enjoying morning coffees and sunrises. The upper floor features two well-sized bedrooms, offering flexibility for family, guests or an additional workspace.There is a full four-piece bathroom with a skylight to bring in additional natural light, enhancing the bright and airy atmosphere. The Primary Bedroom is a comfortable retreat, complete with its own ensuite bathroom that includes a huge soaker tub - perfect for unwinding at the end of the day. From the main level of the home, you can step out onto a private wooden deck that overlooks the stunning pond and surrounding landscape. Mature trees, shrubs, and seasonal flowers make the backyard feel like a private garden sanctuary. The complex itself is beautifully maintained, offering a peaceful and secure environment in a prime Varsity location. A heated, oversized, attached single garage includes plenty of storage options, providing both convenience and functionality throughout the seasons. Located in the heart of Varsity, this home offers unparalleled access to a wide range of amenities. The University of Calgary, Alberta Children's Hospital, Foothills Hospital and Market Mall are just minutes away, along with top-rated schools and excellent transit connections. Varsity is known for its mature tree-lined streets, well-kept green spaces, and strong community atmosphere, making it one of the most desirable neighborhoods in the city. Take advantage of your opportunity to see this incredible property in person - book your showing today! Be sure to check out the floorplans and 3D tour for a closer look at this special property.

Property details

Bedrooms2
Bathrooms3.0
Style2 Storey
HeatingForced Air
CoolingNone
FlooringCarpet,Linoleum
LevelsTwo
BasementNone
Interior featuresBar,High Ceilings,No Animal Home,No Smoking Home,Open Floorplan,Skylight(s),Vaulted Ceiling(s)
AppliancesBuilt-In Oven,Dishwasher,Dryer,Electric Cooktop,Microwave,Range Hood,Refrigerator,Washer
InclusionsN/A
LaundryLaundry Room
Lot featuresBack Yard,Backs on to Park/Green Space,Creek/River/Stream/Pond,Landscaped,Low Maintenance Landscape,No Neighbours Behind,Treed
Exterior featuresGarden
FencingNone,Partial
PatioBalcony(s),Deck
Year built1979
Construction materialsBrick,Cedar,Concrete,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresHeated Garage,Off Street,Oversized,Single Garage Attached,Tandem
Garage spaces1
Parking total2
Annual taxes$3,431
Tax year2026
Possession15 Days / Neg,Immediate,Negotiable
ZoningM-C1 d75
TitleFee Simple
RestrictionsNone Known
NeighbourhoodVarsity
Community featuresPark,Playground,Schools Nearby,Shopping Nearby,Walking/Bike Paths
List AORCalgary

Location

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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 — Erin Dupont.