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1 day on Market

3912 40 Ave, Calgary, Alberta T3A 0W9

Detached
2 + 2
3
~1218.46 sqft
$899,900
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Detached
2 + 2
3
~1218.46 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$738/sqft

Monthly cost

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Description

Welcome to this beautifully renovated and thoughtfully updated bungalow in the highly sought-after community of Varsity! With nearly 2,133 sq ft of developed living space, this home offers 4 spacious bedrooms and 3 full bathrooms, making it ideal for families, students, or investors. Walking distance to the University of Calgary, Brentwood C-Train Station, Market Mall, Research Park, and the Children’s Hospital, the location is unbeatable for convenience and central living. Step inside and you’ll immediately notice the designer finishes: a custom gourmet kitchen with high-end appliances including a Frigidaire gas stove, luxury granite countertops, dove-grey cabinetry, and a large island that seamlessly connects to the dining and living areas. The living room features a stunning rock fireplace and built-in wine bar, while the primary suite impresses with generous closet space and a spa-like ensuite complete with a walk-in shower and tub. This home sits on a 6,200+ sq ft lot with great curb appeal, highlighted by stone, timber, stucco, and hardy board in warm, inviting colours. The single detached garage plus ample street parking add practicality, while the full basement offers flexibility as a future revenue generator, a teenager hangout, or additional living space. Not only is this property move-in ready, but it has also been a fantastic rental property, making it an excellent investment opportunity. Book your showing today, homes of this calibre in Varsity don’t last long!


Upcoming Open House

May 16Sat1:00 PM - 4:00 PM

Property Details

StyleBungalow
View-
Age of property1968
SqFt~1218.46 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2309998
Community NameVarsity
Data SourcePILLAR 9
Listing byRE/MAX Real Estate (Mountain View)

Features

Heating: Forced Air,Natural Gas
Cooling: Central Air
Basement: Full,Finished,Separate/Exterior Entry

Main Floor

4pc Bathroom

4pc Ensuite bath

Bedroom

10`6" x 8`10"

Bedroom - Primary

14`1" x 10`4"


Features

Patio: Patio

Parking

Garage spaces 1

Garage type -

Other parking spaces 3

Total parking spaces 4


Property History

May 11, 2026
ListedActive
$899,900
1 day on market
history photo preview32
Listing by pillar 9®
Property listed by RE/MAX Real Estate (Mountain View), Brokerage
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Market Data - Varsity

Geo Zone Map ThumbnailVarsity

Strong 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

18 days

Compared to

2025

13 days

2024

9 days

2023

22 days

New Listings

Past 30 days

17 listings

Compared to

2025

17 listings

2024

18 listings

2023

16 listings

Units sold

Past 30 days

14 units

Compared to

2025

9 units

2024

11 units

2023

14 units

Median Sold Price

Past 30 days

$1,050,000

Compared to

2025

$950,000

2024

$855,000

2023

$833,711


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