pillar/IMG-A2250979_1.jpg
19 hours on Market

4256 40 Ave, Calgary, Alberta T3A 0X1

Semi-Detached
3 + 3
2
~982.00 sqft
$565,000
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Semi-Detached
3 + 3
2
~982.00 sqft

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Highlights

Property Estimate

Days on market19 hours

Estimated valueNot available

Price/Sqft$575/sqft

Monthly cost

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Description

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 Details

StyleAttached-Side by Side,Bi-Level
View-
Age of property1971
SqFt~982.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2250979
Community NameVarsity
Data SourcePILLAR 9
Listing byeXp Realty

Features

Heating: Forced Air
Basement: Finished,Full

Lower Floor

4pc Bathroom

8`3" x 7`7"

Family Room

11`8" x 9`2"

Kitchen

15`7" x 8`1"


Features

Patio: Balcony(s)

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Aug 27, 2025
ListedActive
$565,000
19 hours on market
history photo preview23
Listing by pillar 9®
Property listed by eXp Realty, Brokerage
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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