Located in the community of Varsity, 4928 40 Avenue NW is a 3-bedroom home with 2 bathrooms, built in 1971, offering 1,084 sq ft of living space above grade. Highlights include a fully finished basement and a double garage. Before writing, ask about recent comparable sales, inspection items, permits, basement development, and long-term resale fit. MLS® A2307438.
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Ask a Question About This ListingCalgary Listings Group · eXp RealtyAbout this property
Listing Information
Property Details
Interior
Exterior & Parking
Site & Lot
Inclusions
Dishwasher,Electric Range,Refrigerator,Washer/Dryer,Window Coverings
Room Dimensions
Listing Office
Property History
4928 40 Avenue NW has been listed 2 times before — see each asking price, what happened, and any sold prices.
What did similar homes here actually sell for?
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What stands out about this listing
- Time on marketOn the market 99 days. Detached homes that sold in Varsity over October 2025 – September 2026 averaged 32 days.
- Price per sq ft$692 per sq ft above grade at asking, about 9% above the $633 per sq ft median across 21 comparable active detached homes in Varsity.
Worked out from this MLS® record, our published community data and the other active listings in Varsity. Asking prices only; individual sold prices stay members-only under Alberta VOW rules.
Where this price sits in Varsity
Asking $749,900. That is about 15% below the $881,000 median sale price for detached homes in Varsity over October 2025 – September 2026, across 87 recorded sales. Those sales took 32 days on the market on average. Across all home types, sellers in Varsity got 99.6% of their asking price on average and the community was carrying 2.8 months of supply.
Aggregate MLS® statistics from our own published dataset (community medians, methodology). Medians are not adjusted for size, age or condition, and individual sold prices stay members-only under Alberta VOW rules.
Schools near this home
- Marion Carson SchoolPublic (CBE) · Elementary · 798 m · about 2 mins by carSchool website
- St. Vincent de Paul SchoolCatholic (CCSD) · Elementary/Junior High · 888 m · about 2 mins by carSchool website
- Varsity Acres SchoolPublic (CBE) · Elementary · 1.5 km · about 4 mins by carSchool website
- Sir Winston Churchill High SchoolPublic (CBE) · Senior High · 2.4 km · about 6 mins by carSchool website
Distances and drive times are measured from the centre of Varsity, not from this address. Designation depends on address, grade, program and capacity and changes from year to year — check the CBE or Calgary Catholic finder before you buy.
Commute from Varsity
| Destination | By car | By transit |
|---|---|---|
| Downtown Calgary | 17 mins | 42 mins |
| University of Calgary | 7 mins | 27 mins |
| Foothills Medical Centre | 9 mins | 42 mins |
| Mount Royal University | 13 mins | 46 mins |
| Calgary International Airport | 19 mins | 39 mins |
| Westside Recreation Centre | 18 mins | 1 hour 7 mins |
Off-peak estimates measured from the centre of Varsity, not from this address. Live traffic varies.
Who lives in Varsity
- 12,040Population
- 2.2Average household size
- 62%Owner-occupied households
- $90KMedian household income
- 14%Residents aged 0–14
2021 Census of Canada, via the City of Calgary community profile — long-term neighbourhood context, not current market activity. Full Varsity census profile →
Questions about this home
Is 4928 40 Avenue NW for sale?
Yes. 4928 40 Avenue NW in Varsity is an active MLS® listing (MLS® A2307438). It has been on the market 99 days. Listing data last updated 2026-08-12.
What is the asking price of 4928 40 Avenue NW?
4928 40 Avenue NW in Varsity is listed at $749,900.
How many bedrooms and bathrooms does 4928 40 Avenue NW have?
4928 40 Avenue NW in Varsity has 3 bedrooms and 2 bathrooms. The listing records 1,084 sq ft above grade. It is a detached house.
How does the asking price of 4928 40 Avenue NW compare with the Varsity market?
Its $749,900 asking price is about 15% below the $881,000 median sale price for detached homes in Varsity (October 2025 – September 2026, 87 sales). Medians are not adjusted for size, age or condition.