4222 40 Avenue NW, Calgary
City assessed value
$1,010,000
hômm estimate
$983,500
Year built
1968
Garage spaces
—
Bedrooms
8
Bathrooms
4
Living area
1,923 sqft
Lot size
7,194 sqft
~ indicates a modelled estimate. The hômm Estimate is generated by an automated valuation model using publicly available data, including municipal property assessments. It is a general estimate only, not an appraisal.
hômm estimate trend
May 26 – Jul 26
Modelled monthly estimates from public data and market activity. Not an appraisal. Want to follow it? Sign up for monthly value updates.
City assessment history
▲ $242,500 since 2022
City of Edmonton assessed values — the city’s tax valuation, not market price.
Last sold — August 2026
See what 4222 40 Avenue NW sold for — plus 2 years of Alberta sold prices, free.
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This home recently sold — August 2026.
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Listing history — 1 MLS® record
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Varsity market snapshot
Last 730 days
Homes sold
438
Median price
$567,500
Avg days on hômm
46
Active listings
98
Sale-to-list
98.3%
Sold above ask
18%
Months of inventory
8.2
Avg $/sqft
$465
For sale nearby
Active listings currently on the market near this home.
Schools
Also nearby
- St. Thomas AquinasElementary, Junior · Edmonton Catholic260 km
- Donald R. GettyElementary / Junior High · Edmonton Public260.2 km
- Dr. Lila FahlmanElementary / Junior High · Edmonton Public260.3 km
- Father Michael McCafferySenior High · Edmonton Catholic261 km
Public-school zones from 2021 EPSB catchment boundaries; distances are straight-line. Always confirm enrolment with the school board.
Getting around
Transit
- 44 Street & Rollyview Road244.0 km
- 42 Street & Rollyview Road244.1 km
- Heritage Valley Transit Centre263.1 km
Parks
- Riverview Area Park 6Natural Area Park260.3 km
- Chappelle Park 7Greenway260.1 km
- Chappelle Park 5School and Community Park260.3 km
ETS stops and City of Edmonton parks data; distances are straight-line.
More on 40 Avenue NW
All homes on this street →About Varsity
The typical assessed value in Varsity is $603,500, across 5,804 homes.
Website provided by Kelly Grant
Copyright 2026 by the Canadian Real Estate Association (CREA). All Rights Reserved.
Data provided by the Canadian Real Estate Association (CREA). Data is deemed reliable but is not guaranteed accurate.
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.
Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).
Mortgage values are calculated by hômm and are provided for estimate purposes only.
The hômm Estimate is generated by an automated valuation model using publicly available data, including municipal property assessments. It is a general estimate only, not an appraisal.