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    240 4037 42 Street NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2319618

    240 4037 42 Street NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2319618

    Start searching Varsity homes for sale in Calgary’s northwest district on the MLS® below! This well-established neighbourhood was built in the 1960s-70s and is known for its tree-lined streets, spacious parks, and varied mix of condos, townhouses, and single-family homes. Centrally located, Varsity real estate is adjacent to both the University of Calgary and Market Mall, offering residents unparalleled access to top-tier shopping, dining, and the city’s top post-secondary institution and its facilities. The community also provides quick access to major roadways and transit routes, including Crowchild Trail and the Trans-Canada Highway, making daily commutes convenient.

    To learn more about Varsity real estate listings or to schedule a private showing, contact your team of experienced Realtors® by contacting Cody & Jordan anytime. We look forward to serving you!

    Homes for Sale in Varsity Calgary

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    240 4037 42 Street NW
    Varsity Calgary T3A 2M9

    $650,000
    Residential beds: 3 baths: 3.0 1,624 sq. ft. built: 1979

    Main Photo: 240 4037 42 Street NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2319618
    Photo 1: 240 4037 42 Street NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2319618
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    Status:
    Active
    Prop. Type:
    Residential
    MLS® Num:
    A2319618
    Bedrooms:
    3
    Bathrooms:
    3
    Year Built:
    1979
    Among the most coveted Varsity Calgary homes for sale, this exceptional end-unit residence offers an oasis sanctuary within the city, blending serenity with everyday convenience in one of NW Calgary's most desirable corners. Spanning over 2,000 SqFt of beautifully renovated living space, this remarkable NW Calgary townhouse is arguably the finest unit within the complex, and it truly does not disappoint. Step inside and you are welcomed by hardwood flooring throughout and soaring high ceilings that lend an air of grandeur to every room. As you enter the main floor, your eye is drawn instantly to the magnificent views of the community pond, complete with a tranquil water feature and mature, lovingly tended landscaping. Few Calgary townhouse with pond views opportunities feel quite so serene. A striking wall of windows frames the scene and sets an elegant tone throughout. The living area invites you to unwind, with a cosy reading nook warmed by a wood-burning fireplace and a generous living room. Raised gently above, the dining space seats eight beneath designer lighting, flowing into a newly installed kitchen that is nothing short of a showpiece, with an oversized two-tone island, gleaming quartz countertops, stylish subway tiles, new stainless steel appliances including induction stove, and a welcoming eat-up bar. An open-riser hardwood staircase, finished with distinctive gold and blue railings, leads to the upper level. There, an open loft awaits beneath vaulted, wood-panelled ceilings, complete with a second wood-burning fireplace and private access to your own wraparound balcony, offering enchanting views of the pond below. The oversized master suite is a retreat in itself, boasting a walk-in closet, built-in wardrobes and a stunning en-suite with a large freestanding soaker tub, His & Hers vanities, a walk-in shower and a heated towel rail. The lower level adds further versatility with laundry, abundant storage and a third bedroom. The oversized heated attached garage has been thoughtfully transformed into a home gym and soundproofed music studio, yet it could effortlessly be returned to parking. Outdoors, an oversized newly installed deck provides the ideal setting for summer evenings, and as a corner unit, this home enjoys far more space than most. The location is equally enviable, placing you among the most sought-after homes near Market Mall Calgary and University of Calgary being just a 10 mins walk away. Foothills and Children's Hospital and Downtown Calgary are a short commute. For those exploring University of Calgary Real Estate or considering Foothills Hospital Calgary homes, this address offers unrivalled proximity to both. A rare gem within Varsity Calgary, this is a singular opportunity to enjoy refined living in one of the city's most treasured communities.
    Property Type:
    Residential
    Property Sub Type:
    Row/Townhouse
    Condo Type:
    Conventional Condo
    Transaction Type:
    For Sale
    Possession:
    Possession Date:
    Suite:
    No
    Num Legal Suites:
    0
    Num Illegal Suites:
    0
    Home Style:
    2 Storey
    Total Living Area:
    1,624.5 sq. ft.
    Main Level Finished Area:
    811.15 sq. ft.
    Upper Level Finished Area:
    813.35 sq. ft.
    Lower Level Finished Area:
    Above Grade Finished Area:
    Below Grade Finished Area:
    693.87 sq. ft.
    Taxes:
    Tax Assessed Value:
    Condo Fee:
    $718.62
    Condo Fee Includes:
    Amenities of HOA/Condo, Common Area Maintenance, Insurance, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
    HOA Fee Includes:
    Acres Cleared:
    Acres Cultivated:
    Acres Irrigated:
    Acres Leasehold:
    Acres Not Cultivated:
    Acres Freehold:
    Acres Seeded:
    Acres Tame Hay:
    Acres Treed:
    Acres Waste:
    Acres Water Rights:
    Front Exposure:
    South
    Reg. Size:
    Reg. Size Includes:
    Entry Level:
    1
    Levels:
    Two
    End Unit:
    1 Common Wall
    Total Rooms Above Grade:
    6
    Year built:
    1979 (Age: 47)
    Bedrooms:
    3 (Above Grd: 2)
    Bedrooms Above Grade:
    2
    Bedrooms Below Grade:
    1
    Bathrooms:
    3.0 (Full:2, Half:1)
    Plan:
    7911267
    Heating:
    Forced Air, Natural Gas
    Basement:
    Partial, Finished, None
    Foundation:
    Poured Concrete
    New Constr.:
    No
    Construction Material:
    Brick, Vinyl Siding, Wood Frame
    Structure Type:
    Five Plus
    Roof:
    Asphalt Shingle
    Ensuite:
    Yes
    Flooring:
    Ceramic Tile, Hardwood
    Cooling:
    None
    Fireplaces:
    2
    Fireplace Details:
    Family Room, Gas, Loft, Wood Burning
    Garage:
    Yes
    Garage Spaces:
    1
    Parking:
    Driveway, Heated Garage, Insulated, Oversized, Single Garage Attached
    Parking Places:
    1
    Parking Total/Covered:
    1 / -
    Laundry Features:
    Laundry Room
    Condo Fee Frequency:
    Monthly
    Northwest
    Shaganappi Estates
    Varsity
    Community Gardens, Park, Parking, Snow Removal, Visitor Parking
    Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer, Window Coverings
    N/A
    Board Approval
    Restrictions, Yes
    Floor
    Type
    Size
    Other
    Main Floor
    Dining Room
    18' × 9'9"
    Main Floor
    Kitchen
    16'4" × 13'1"
    Main Floor
    Living Room
    21'10" × 20'1"
    2nd Floor
    Bedroom
    14'8" × 13'1"
    2nd Floor
    Office
    12'4" × 10'5"
    2nd Floor
    Bedroom - Primary
    17'3" × 12'6"
    Lower Level
    Bedroom
    11'1" × 9'10"
    Lower Level
    Foyer
    7'10" × 7'9"
    Lower Level
    Storage
    6'6" × 2'6"
    Lower Level
    Furnace/Utility Room
    13'2" × 6'2"
    Floor
    Ensuite
    Pieces
    Other
    Main Floor
    No
    2
    5'10" x 5'1"
    2nd Floor
    No
    4
    5' x 7'7"
    2nd Floor
    Yes
    5
    10'7" x 12'3"
    Title to Land:
    Fee Simple
    Community Features:
    Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
    Interior Features:
    Breakfast Bar, Built-in Features, Chandelier, Closet Organizers, Crown Molding, Double Vanity, Granite Counters, High Ceilings, Kitchen Island, Natural Woodwork, No Animal Home, No Smoking Home, Open Floorplan, Recessed Lighting, Soaking Tub, Storage, Track Lighting, Tray Ceiling(s), Vaulted Ceiling(s), Vinyl Windows, Walk-In Closet(s)
    Exterior Features:
    Garden, Other, Private Yard
    Patio And Porch Features:
    Balcony(s), Deck
    Lot Features:
    Backs on to Park/Green Space, Corner Lot, Garden, Landscaped, No Neighbours Behind, Private, Treed
    Waterfront Features:
    See Remarks, Pond
    Num. of Parcels:
    0
    Fencing:
    Partial
    Region:
    Calgary
    Zone:
    CAL Zone NW
    Zoning:
    M-C1 d75
    Listed Date:
    Jun 11, 2026
    Days on Mkt:
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    Listed by CIR Realty
    Data was last updated June 18, 2026 at 12:05 PM (UTC)
    Area Statistics
    Listings on market:
    79
    Avg list price:
    $528,000
    Min list price:
    $139,900
    Max list price:
    $2,855,000
    Avg days on market:
    27
    Min days on market:
    1
    Max days on market:
    320
    Avg price per sq.ft.:
    $467.44
    These statistics are generated based on the current listing's property type and located in Varsity. Average values are derived using median calculations. This data is not produced by the MLS® system.
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    Ask our team of highly experienced Realtors® about your next Varsity real estate transaction, and we'll be happy to discuss your goals. Contact us today!

    Community Features

    Calgary Real Estate Agents and Realtors Contact

    Varsity Housing Market

    Established in the late 1960s, Varsity is one of Calgary’s most mature and sought-after northwest communities. Its housing market is diverse, offering everything from classic bungalow-style homes to multi-level split houses and modern infill developments to high-rise condos, like the Groves of Varsity. One of Varsity’s unique draws is its extensive selection of ravine walk-out properties, which offer residents direct access to green spaces, natural ravines, and breathtaking views right from their backyards. Varsity Estates is home to luxury single-family properties typically worth $750,000 to $2 million or more. The community also has more affordable properties, including condos under $200,000 and townhomes in the $300,000 range.

    The diversity of homes for sale in Varsity makes it accessible to a wide range of buyers, including young professionals, empty nesters, and families. Many owners choose to renovate and modernize their homes inside and out over the years, while preserving their property's original charm. The neighbourhood’s proximity to major amenities, green spaces, and downtown contributes to strong property values and consistent demand within the Calgary real estate market.

    Varsity Location & Amenities

    Varsity real estate boasts an excellent array of amenities that make everyday living both convenient and enjoyable for residents, including (but not limited to):

    Varsity Village: serves as a community focal point with grocery stores, restaurants, cafés, two gas stations, professional services, and lots more

    Nearby Malls: access to two major shopping destinations—Market Mall and Northland Mall, offering a wide selection of shops, services, and food and drink.

    University of Calgary: directly adjacent to Varsity, providing educational, cultural, entertainment, and employment opportunities, as well as additional dining, shopping, and entertainment options.

    University District: mixed-use neighbourhood where you’ll find big retailers like Staples, McDonald’s, Cineplex Odeon, Canadian Brewhouse, OEB Breakfast Co., and lots more.

    Brentwood Village: another nearby amenity outlet for Varsity homeowners with grocers, restaurants, pubs, professional services, banks, and more, including the Brentwood C-Train Station.

    Nearby Parks: Varsity’s location near the Bow River offers scenic pathways and quick access to Bowmont Park and Dale Hodges Park, two large natural areas perfect for walking, biking, and exploring the outdoors.

    Hospital Access: Medical facilities, including the Alberta Children’s Hospital and Foothills Medical Centre, are just minutes away from any home in Varsity, adding peace of mind for families.

    Designated Schools

    Varsity homes for sale offer families with children of all ages the opportunity to attend school close to home. Both F.E. Osborne and Marion Carson (public junior high and elementary schools) are situated in the centre of the community. Sir Winston Churchill, the community’s designated public high school, is located a short walk or drive away in Brentwood.

    To learn more about Varsity’s schools for public and Catholic programs, please see the Calgary Board of Education and Calgary Catholic School District websites.

    Varsity Real Estate Agents & Realtors®

    Planning on buying a home in Varsity Calgary? Want to know if now is a good time to sell your current property in the community? Our team of professional Realtors® with RE/MAX have years of experience in helping people buy and sell Varsity real estate and would love to put our knowledge and skillset to work for you!

    Contact Cody & Jordan anytime at 403-370-4008 if you have questions about current listings on the MLS® or would like us to set up a showing for you! Get a Free Property Valuation for your Varsity home in Calgary today–we look forward to discussing your real estate goals!

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