4 days on Market

3832 40 Ave, Calgary, Alberta T3A0W9

Detached
4 + 1
4
~1253.00 sqft
$1,099,000
Get pre-qualifiedPowered by nesto
Detached
4 + 1
4
~1253.00 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market4 days

Estimated valueNot available

Price/Sqft$877/sqft

Monthly cost

Open Calculator

Description

Welcome to this beautifully renovated 5-bedroom, 4-bathroom detached 4-level split offering nearly 2,500 sq. ft. of modern living space on a 7,200 sq. ft. south-facing corner lot overlooking a peaceful green space. This home has been completely remodeled and updated from top to bottom with high-end renovations in the last few years — a perfect blend of elegance, function, and comfort. Enjoy walking distance to Market Mall, U of C, Alberta Children’s Hospital, University District, Brentwood C-Train Station, and many green space/ parks. Families will appreciate the proximity to Sir Winston Churchill High, Marion Carson Elementary, F.E. Osborne Junior High, and St. Vincent de Paul Elementary. Inside, you’ll find a bright open-concept layout with LVP flooring, LED lighting, and modern finishes throughout. The chef-inspired kitchen features custom white cabinetry, quartz countertops, farmhouse sink, and premium appliances including a Viking 36” gas range, Sub-Zero 42” built-in refrigerator, and Fisher & Paykel dishwasher drawers. A cozy modern fireplace anchors the living room and creates an inviting atmosphere. The primary bedroom offers over 300 sq. ft. with a walk-in closet and a luxurious 5-pc ensuite featuring a tiled shower with massage jets, double vessel sinks, heated mirrors, and a deep soaker tub. A second bedroom and 4-pc bath complete the upper level. The third level includes a wet bar with wine cooler and washer/dryer, spacious family room /bedroom with Valor gas fireplace, office/4th bedroom with patio doors, and another full bath. The basement level features a large bedroom with walk-in closet, 3-pc bath, laundry area with Samsung smart washer & dryer, and a kitchenette with eating area (240V electrical outlet installed, ready for a future full stove). Major upgrades also include PEX plumbing, 200-amp electrical service, tankless hot water, high-efficiency furnace, and NEST thermostat. The oversized 24’x24’ garage is insulated and drywalled with 240V power (EV ready), gas line, and rooftop deck for private outdoor enjoyment. Professional landscaping features additional topsoil, drought-resistant sod, and a Wi-Fi-controlled irrigation system. The unique elevated backyard offers excellent potential for future walk-out basement development, either within the existing structure or in a future higher-storey rebuild, or for a garden / back-lane home — a rare-find opportunity in this area. Two decks, a patio, and large open yard complete the outdoor space. This exceptional property offers unbeatable location, luxury, and value — a true move-in ready gem in Calgary’s northwest!


Property Details

Style4 Level Split
View-
Age of property1968
SqFt~1253.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2267116
Community NameVarsity
Data SourcePILLAR 9
Listing byInitia Real Estate

Features

Heating: High Efficiency,Fireplace(s),Forced Air,Natural Gas
Cooling: Other
Basement: Full,Finished,Separate/Exterior Entry,Walk Out,Walk Up

Main Floor

Living Room

21`7" x 13`9"

Dining Room

11`6" x 8`4"

Kitchen

11`6" x 13`3"


Features

Patio: Deck,Patio,See Remarks

Parking

Garage spaces 2

Garage type -

Other parking spaces 0

Total parking spaces 2


Property History

Oct 31, 2025
ListedActive
$1,099,000
4 days on market
history photo preview50
Listing by pillar 9®
Property listed by Initia Real Estate, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Varsity

Geo Zone Map ThumbnailVarsity

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

51 days

Compared to

2024

26 days

2023

29 days

2022

37 days

New Listings

Past 30 days

8 listings

Compared to

2024

15 listings

2023

6 listings

2022

11 listings

Units sold

Past 30 days

8 units

Compared to

2024

13 units

2023

5 units

2022

12 units

Median Sold Price

Past 30 days

$900,000

Compared to

2024

$873,000

2023

$767,500

2022

$748,000


Population and Demographics

Overview

Total population 12685
Average household income $166,715

Age (%)

0 to 19
19%
20 to 34
23%
35 to 49
18%
50 to 64
17%
65 and plus
23%

Household composition (%)

Single family
57%
Single person
34%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
77%
Mandarin
5%
Yue (Cantonese)
4%
Others
3%
Spanish
2%
Iranian Persian
2%
Arabic
2%
French
2%
German
1%

House tenancy (%)

Owners
61%
Renters
39%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget