




See all 51 photos of 4220 40 Street NW















































4220 40 Street NW, Calgary, AB
- 4Beds
- 3Baths
- 1,301Sq ft
- 1965Built
About 4220 40 Street NW
A little nostalgia. A lot of opportunity. And a location that's stood the test of time.Some neighbourhoods just feel like home. Varsity is one of them. Whether you have fond memories of growing up in Calgary's northwest, spent your university years nearby or are looking for the kind of established community where you can put down roots of your own, this classic 1965 bungalow offers an opportunity to become part of a neighbourhood that has only gotten better with age.Lovingly maintained by the same family for 60 years, this home with 2,500 square feet of developed space, sits on a generous 54' x 101' lot and offers the space and functional layout that are increasingly hard to find. The main floor features three bedrooms, a full four-piece bathroom (with laundry chute), a two-piece ensuite and beautiful original hardwood floors. The kitchen was updated in the 1990s and newer vinyl windows have been installed throughout the main floor.Downstairs, things get a little nostalgic. A huge family room with warm cedar accents, dark wood paneling and a gas fireplace has all the makings of a wonderfully retro retreat — think cozy evenings, game days or the ultimate hideaway without having to leave home. There's also a tremendous amount of storage, laundry room, full bathroom and additional bedroom (non-egress window). Outside, you'll find a 24' x 22' oversized double detached garage with convenient paved alley access and private backyard. And with no restricted street parking zones, there's plenty of flexibility for everyday living.The location is what really ties it all together. You're moments from the University of Calgary, McMahon Stadium, Foothills Medical Centre, Alberta Children's Hospital, Market Mall, Brentwood and Dalhousie shopping centres, Northland Mall and the LRT. Crowchild Trail and Shaganappi Trail make getting around the city easy and there’s convenient access to highway 1 for trips to the mountains. Families will appreciate the proximity to all levels of schooling, including a K–5 French-language school at the end of the block. And while the familiar Varsity landmarks remain, the exciting shops, restaurants and amenities of the neighbouring University District bring a whole new energy to the area.Whether you're looking for your first detached home, a place to grow into, a comfortable bungalow to make your own, or a property with outstanding long-term potential this is an opportunity to secure a foothold in one of Calgary's most enduringly desirable northwest communities.The memories are already here. The next chapter is yours to write. (id:67882)
How 4220 40 Street NW compares to Varsity
- $565 per sq ft, 34% above the Varsity median of $423.
- Listed 9 days, against a Varsity average of 55 days.
House details
- Property type
- Single Family
- Parking
- Detached Garage
- Basement
- Finished, Full, Separate entrance
- Taxes
- $4,678 / year
- Days on market
- 9
Listing courtesy of Coldwell Banker Mountain Central.
Map of 4220 40 Street NW, Varsity
Quick answers about Varsity real estate
- What's the average home price in Varsity, Calgary?
- As of November 12, 2026, the median asking price for the 58 homes for sale in Varsity is $444,450. Asking prices range from $184,900 to $2,725,000.
- How long have homes in Varsity been on the market?
- As of November 12, 2026, homes for sale in Varsity have been listed for an average of 55 days.
- What's the cheapest home for sale in Varsity right now?
- The lowest-priced home for sale in Varsity is 114, 3420 50 Street NW at $184,900, a 2 bedroom condo.
- What's the price per square foot in Varsity?
- The median asking price per square foot in Varsity is $423, across 58 homes with a listed floor area.
- Who is a REALTOR® that works in Varsity?
- Derek Little is a REALTOR® with REMAX House of Real Estate serving Varsity and the rest of Calgary. Phone: 403-690-4960.
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