Off market

5324 40 Avenue NW, Calgary

City assessed value

$773,500

hômm estimate

$763,500

Year built

1968

Garage spaces

—

Bedrooms

Bathrooms

2.1

Living area

1,350 sqft

Lot size

6,236 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

Jul 26 – Sep 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

▲ $206,000 since 2022

City of Calgary assessed values — the city’s tax valuation, not market price.

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Recently sold in Calgary

Varsity market snapshot

Last 730 days

Homes sold

443

Median price

$573,000

Avg days on hômm

Active listings

105

Sale-to-list

98.3%

Sold above ask

17%

Months of inventory

6.2

Avg $/sqft

$466

For sale on 40 Avenue NW

40 Avenue NW →

5 other homes on 40 Avenue NW are on the market right now.

For sale nearby

Active listings currently on the market near this home.

$749,900New on hômm

4116 40 Avenue

Varsity, Calgary

3 bed · 4 bath · 1,756 sq ft

Listing provided by Kirby Cox of Royal LePage Benchmark

$449,000New on hômm

16 Varsity Estates Circle

Varsity, Calgary

2 bed · 2 bath · 1,040 sq ft

Listing provided by Allen Mehri of Century 21 Bravo Realty

Schools

Designated schools (in zone)

Marion Carson SchoolElementary · designated K-6 · Calgary Public
0.5 km
St. Vincent de Paul SchoolElementary - Junior High · designated K-6, 7-9 · Calgary Catholic
0.6 km
St. Francis High SchoolHigh School · designated 10-12 · Calgary Catholic
4.3 km
Sir Winston Churchill High SchoolHigh School · designated 10-12 · Calgary Public
2.1 km
F.E. Osborne SchoolMiddle School · designated 7-9 · Calgary Public
0.5 km

Program designations

Arts-Centred · 5-9: Sir John Franklin School
11.3 km
Chinese (Mandarin) Bilingual · K-4: Marion Carson School
0.5 km
Chinese (Mandarin) Bilingual · 5-9: Colonel Irvine School
5.8 km
Early French Immersion · K-5: Varsity Acres School
1.1 km
Early French Immersion · 6-9: F.E. Osborne School
0.5 km
Early French Immersion · 10-12: William Aberhart High School
3.5 km
Fine Arts · K-6: St. Dominic School
2.4 km
Fine Arts · 7-9: St. Ambrose School
5.8 km
Fine Arts · 7-9: St. Alphonsus School
8.9 km
French Immersion · K-6: St. Luke School
2.8 km
International Baccalaureate (IB) Diploma · 10-12: Sir Winston Churchill High School
2.1 km
Late French Immersion · 7-9: Branton School
4.3 km
Late French Immersion · 10-12: William Aberhart High School
3.5 km
Montessori · K-6: Captain John Palliser School
2.1 km
Science · K-9: Riverside School
9 km
Spanish Bilingual · K-6: W.O. Mitchell School
3.5 km
Spanish Bilingual · K-6: St. Margaret School
4.7 km
Spanish Bilingual · 7-9: Senator Patrick Burns School
3.3 km
Traditional Learning Centre (TLC) · K-6: Brentwood School
2.8 km
Traditional Learning Centre (TLC) · 7-9: Thomas B. Riley School
1.8 km

Also nearby

Christine Meikle SchoolJunior High - High School · Calgary Public
0.5 km
Varsity Acres SchoolElementary · Calgary Public
1.1 km
Terrace Road SchoolElementary · Calgary Public
1.6 km

In-zone designations come from Calgary Board of Education (2025-26) and Calgary Catholic School District (2026-27) attendance areas; nearby schools cover both boards. Contains information licensed under the Open Government Licence – City of Calgary. Distances are straight-line — always confirm enrolment with the school board.

Getting around

Transit

40 Avenue & 52 Street NW60 m
53 Street NW & Valiant Drive150 m
Dalhousie CTrain Station1.7 km

Parks

Dale Hodges ParkRegional Park50 m
F.E. Osborne Junior High groundsCommunity Park190 m
Varanger ParkNeighbourhood Park320 m

Transit stops from Calgary Transit and parks from City of Calgary open data (contains information licensed under the Open Government Licence – City of Calgary); 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.

Recently sold in Varsity Homes for sale in Varsity All of Calgary

Website provided by Kelly Grant

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.

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.

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®).