Calgary's Finest Real Estate
4256 40 Avenue NW
Calgary
T3A 0X1
$565,000
Residential
beds: 6
baths: 2.0
982 sq. ft.
built: 1971
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2250979
- Bedrooms:
- 6
- Bathrooms:
- 2
- Year Built:
- 1971
- Photos (23)
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Welcome to the desirable community of Varsity, just a short three-minute walk to Market Mall. This bi-level duplex is the perfect opportunity for investors, featuring a legal basement suite and a strong rental history. Upstairs offers three bedrooms and one full bathroom, while the lower level includes another three bedrooms and one full bathroom, currently rented and generating $3,500 per month in rental income.
The home includes bright living and dining spaces, a large recreation room in the basement, a versatile storage room that can double as a den or office, and a spacious front deck to enjoy. Recent updates include a renovated basement and a newer roof (2014).
With a prime location near the University of Calgary, Foothills Hospital, LRT, Sir Winston Churchill High School, and just steps from Market Mall, this property checks all the boxes for a revenue property or future value growth. Best access is from the south end of Voyageur Drive through the back lane.
- Property Type:
- Residential
- Property Sub Type:
- Semi Detached (Half Duplex)
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
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- Possession Date:
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- Suite:
- Suite - Legal
- Home Style:
- Attached-Side by Side, Bi-Level
- Total Living Area:
- 982 sq. ft.
- Main Level Finished Area:
- 982 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Below Grade Finished Area:
- 971 sq. ft.
- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Lot Area:
- 2,217 sq. ft.
- Lot Frontage:
- 8'1"
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
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- Acres Tame Hay:
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- Acres Treed:
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- Acres Waste:
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- Acres Water Rights:
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- Front Exposure:
- South
- Reg. Size:
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- Reg. Size Includes:
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- Entry Level:
- 1
- Levels:
- Bi-Level
- End Unit:
- 1 Common Wall
- Total Rooms Above Grade:
- 6
- Year built:
- 1971 (Age: 54)
- Bedrooms:
- 6 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 3
- Bathrooms:
- 2.0 (Full:2, Half:0)
- Plan:
- 9411098
- Heating:
- Forced Air
- Basement:
- Finished, Full
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Wood Frame, Wood Siding
- Structure Type:
- Duplex
- Roof:
- Tar/Gravel
- Ensuite:
- No
- Flooring:
- Ceramic Tile, Laminate, Tile, Vinyl Plank
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- No
- Parking:
- Off Street, Parking Pad
- Parking Places:
- 2
- Parking Total/Covered:
- 2 / -
- Laundry Features:
- Common Area
- Varsity
- Dryer, Electric Cooktop, Electric Oven, Electric Stove, Refrigerator, Washer
- N/A
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Living Room
- 11'11" × 11'4"
- Main Floor
- Kitchen
- 10'7" × 8'11"
- Main Floor
- Dining Room
- 10'6" × 8'11"
- Main Floor
- Laundry
- 4'3" × 3'11"
- Main Floor
- Bedroom - Primary
- 12'5" × 10'4"
- Main Floor
- Bedroom
- 11'5" × 8'5"
- Main Floor
- Bedroom
- 11'11" × 8'5"
- Lower Level
- Family Room
- 11'8" × 9'2"
- Lower Level
- Kitchen
- 15'7" × 8'1"
- Basement
- Furnace/Utility Room
- 8'7" × 8'1"
- Basement
- Bedroom
- 12'4" × 9'7"
- Basement
- Bedroom
- 13'2" × 8'2"
- Basement
- Bedroom
- 11'8" × 9'11"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 3
- 6'8" x 8'6"
- Lower Level
- No
- 4
- 7'7" x 8'3"
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
- Interior Features:
- No Animal Home, No Smoking Home, Pantry, Vinyl Windows
- Exterior Features:
- Balcony, BBQ gas line, Playground, Private Entrance, Private Yard
- Patio And Porch Features:
- Balcony(s)
- Lot Features:
- Back Lane
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone NW
- Zoning:
- R-CG
- Listed Date:
- Aug 27, 2025
- Days on Mkt:
- Signup
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Listed by eXp Realty
Data was last updated August 28, 2025 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 56
- Avg list price:
- $499,700
- Min list price:
- $199,900
- Max list price:
- $2,499,000
- Avg days on market:
- 23
- Min days on market:
- 1
- Max days on market:
- 139
- Avg price per sq.ft.:
- $408.69
These statistics are generated based on the current listing's property type
and located in
Varsity. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- Stewart J Lowe (Stu)
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com