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4928 40 Avenue NW
Varsity Calgary T3A 0X2

$1,150,000
Residential beds: 4 baths: 2.0 1,085 sq. ft. built: 1971

Main Photo: 4928 40 Avenue NW | Calgary | Detached for sale
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2130306
Bedrooms:
4
Bathrooms:
2
Year Built:
1971
ATTENTION INVESTORS, DEVELOPERS AND BUILDERS! Rare Opportunity with an AMAZING location in the desirable community of VARSITY. Whether you are a investor, developer or builder, this property offers multiple redevelopment opportunities for future options. Zoned R-CG, the residential designation that is primarily for rowhouses but also allows for single detached, side-by-side and duplex homes that may include a secondary suite. One of 2 side by side properties for a lot measuring 100 ft x 120 ft. The existing four-bedroom bi-level has been updated with a newer High Efficiency Furnace, newer shingles, siding. Interior updates include the bathrooms, flooring. PRIME lot location close to transit, shopping, medical and schools including the U of C. This home will make a great holding property if you’re not ready to develop yet. Opportunities like this don’t come up often! Call today for more information! HOME IS being sold as part of a package with MLS A2130301
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bi-Level
Total Living Area:
1,084.8 sq. ft.
Main Level Finished Area:
1,084.8 sq. ft.
Below Grade Finished Area:
906.1 sq. ft.
Lot Area:
5,995 sq. ft.
Lot Frontage:
50'
Front Exposure:
South
Levels:
Bi-Level
Total Rooms Above Grade:
3
Year built:
1971 (Age: 53)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
7004JK
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Slab
New Constr.:
No
Construction Material:
Stucco, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Laminate
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Alley Access, Double Garage Detached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Varsity
Dishwasher, Electric Range, Refrigerator, Washer/Dryer, Window Coverings
Shed
None Known
Floor
Type
Size
Other
Main Floor
Bedroom - Primary
12'11" × 10'7"
Main Floor
Bedroom
12' × 8'2"
Main Floor
Bedroom
12' × 8'8"
Basement
Bedroom
14'10" × 13'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5' x 10'6"
Basement
No
3
6'8" x 5'
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby
Interior Features:
No Animal Home, No Smoking Home, Vinyl Windows
Exterior Features:
Garden, Private Yard
Patio And Porch Features:
Patio
Lot Features:
Back Lane, Back Yard, Front Yard, Garden
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
R-CG
Listed Date:
Aug 20, 2024
  • Photo 1: 4928 40 Avenue NW | Calgary | Detached for sale
    Photo 1 of 1
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Listed by First Place Realty
Data was last updated October 31, 2024 at 06:05 AM (UTC)
Area Statistics
Listings on market:
49
Avg list price:
$475,000
Min list price:
$200,000
Max list price:
$2,390,000
Avg days on market:
23
Min days on market:
1
Max days on market:
202
Avg price per sq.ft.:
$442.86
These statistics are generated based on the current listing's property type and located in Varsity. Average values are derived using median calculations.
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Jerry Charlton
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Varsity Calgary FAQs

What is the history of Varsity?

Varsity, established in the 1960s, is one of Calgary's well-planned residential neighborhoods, located in the northwest part of the city. Originally designed to accommodate a growing population with a focus on family living, Varsity is characterized by its close proximity to the University of Calgary, reflecting the community's strong educational values and its name, which hints at its academic affiliations.

What are the main features of Varsity?

Varsity is renowned for its lush landscapes, extensive parklands, and three major areas: Varsity Acres, Varsity Village, and Varsity Estates. The community is bordered by Crowchild Trail and Nose Hill Park, offering easy access to major city routes and beautiful natural escapes. It features a mix of detached homes, townhouses, and condos, accommodating a diverse population. Recreational facilities, like the Silver Springs Golf & Country Club, add to the neighborhood’s appeal.

What schools are available in Varsity?

Varsity is served by a variety of educational institutions, making it a top choice for families. Public schools in the area include Varsity Acres School, offering bilingual instruction in French, and Marion Carson School. For older students, F.E. Osborne Junior High and Sir Winston Churchill High School provide comprehensive education. The proximity to the University of Calgary also makes Varsity an ideal location for academic professionals and students.

What amenities can residents enjoy in Varsity?

Residents of Varsity enjoy numerous amenities. The Market Mall, one of Calgary’s largest shopping centers, is located directly in Varsity, offering a wide range of stores and services. The community is also home to the Alberta Children’s Hospital and provides easy access to the University of Calgary’s facilities, including sports complexes and libraries. Local parks and the Varsity Ravine Park provide ample green spaces for outdoor activities.

How is the real estate market in Varsity?

The real estate market in Varsity remains robust, thanks to its prime location and well-established community features. It attracts a range of buyers with its diverse housing options from luxury estates in Varsity Estates to more affordable townhomes and apartments in Varsity Village. The neighborhood's mature environment and comprehensive amenities continue to sustain high property values and demand.

What is the community culture like in Varsity?

Varsity’s community culture is vibrant and community-oriented. With a high rate of resident involvement, the neighborhood boasts active community associations like the Varsity Community Association, which organizes a multitude of events, programs, and services aimed at enhancing community life. This active participation fosters a strong sense of community and supports a high quality of life for its residents.

What transportation options are available in Varsity?

Transportation in Varsity is highly accessible, with multiple Calgary Transit bus routes and nearby LRT stations such as Dalhousie and Brentwood, providing residents with efficient public transportation options. Major roads like Crowchild Trail offer quick access to downtown and other areas of Calgary. For cyclists and pedestrians, the community offers pathways that link to the city’s extensive network, promoting an active lifestyle.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.