4256 40 Avenue Nw, Calgary, Alberta

$565,000

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6

Beds

2

Baths

982

Square feet

0.05

Acres

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
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
Subdivision Varsity
City Calgary
County Calgary
Province Alberta
Postal Code T3A 0X1

Amenities

Parking Spaces 2
Parking Off Street, Parking Pad
Is Waterfront No
Has Pool No

Interior

Interior Features No Animal Home, No Smoking Home, Pantry, Vinyl Windows
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
Lot Description Back Lane
Roof Tar/Gravel
Construction Wood Frame, Wood Siding
Foundation Poured Concrete

Additional Information

Date Listed August 27th, 2025
Zoning R-CG
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeeXp Realty

Listing Map