About 4256 40 Avenue Nw
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.
Features of 4256 40 Avenue Nw
MLS® # | A2250979 |
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Price | $565,000 |
Bedrooms | 6 |
Bathrooms | 2.00 |
Full Baths | 2 |
Square Footage | 982 |
Acres | 0.05 |
Year Built | 1971 |
Type | Residential |
Sub-Type | Semi Detached |
Style | Side by Side, Bi-Level |
Status | Active |
Community Information
Address | 4256 40 Avenue Nw |
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Subdivision | Varsity |
City | Calgary |
County | Calgary |
Province | Alberta |
Postal Code | T3A 0X1 |
Amenities
Parking Spaces | 2 |
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Parking | Off Street, Parking Pad |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | No Animal Home, No Smoking Home, Pantry, Vinyl Windows |
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Appliances | Dryer, Electric Oven, Electric Stove, Refrigerator, Washer, Electric Cooktop |
Heating | Forced Air |
Cooling | None |
Fireplace | No |
Has Basement | Yes |
Basement | Finished, Full |
Exterior
Exterior Features | Balcony, BBQ gas line, Playground, Private Entrance, Private Yard |
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Lot Description | Back Lane |
Roof | Tar/Gravel |
Construction | Wood Frame, Wood Siding |
Foundation | Poured Concrete |
Additional Information
Date Listed | August 27th, 2025 |
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Days on Market | 1 |
Zoning | R-CG |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | eXp Realty |
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