4116 40 Avenue NW is a 3-bedroom home in the community of Varsity, built in 1968, offering 3.5 bathrooms and 1,755 sq ft of living space above grade. Notable features include a fully finished basement, a double garage, hardwood flooring, 2 fireplaces, and air conditioning. Before writing, ask about recent comparable sales, inspection items, permits, basement development, and long-term resale fit. If rental income is part of the plan, verify suite legality, permits, insurance, lender treatment, and current lease details before removing conditions. This one is new to market, so showing access and offer timing may matter. MLS® A2346688.
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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
Central Air Conditioner,Dishwasher,Dryer,Electric Stove,Garburator,Microwave,Range Hood,Refrigerator,Washer,Window Coverings
Room Dimensions
Property History
No previous MLS® listings on record for this property — this appears to be its first time offered. Want to know how often homes nearby change hands? Ask our team.
What did similar homes here actually sell for?
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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 2.7 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
How much is 4116 40 Avenue NW?
4116 40 Avenue NW in Varsity is listed for sale at $749,900. It has been on the market 7 days.
How many bedrooms and bathrooms does 4116 40 Avenue NW have?
4116 40 Avenue NW in Varsity has 3 bedrooms and 3 bathrooms. The listing records 1,755 sq ft above grade. It is a detached house.
Is 4116 40 Avenue NW priced above or below 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.