Updated 4 Days Ago
Highlights
Pet Friendly
Location
5216 40 Ave Nw, Calgary, AB T3A 0X3, CAN|Varsity
Nearby rentals
Property management
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Amenities for 5216 40 Ave Nw, Varsity
Features
| Fireplace | Patio/Deck |
Appliances
| Dishwasher | Fridge |
| Oven/Stove |
Community
| Cats OK | Dogs OK |
| Laundry In Suite | Onsite Laundry |
Grounds
| Fenced Backyard | Fire Pit |
| Garage Parking | Outdoor Space |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
About 5216 40 Ave Nw
GREAT LOCATION IN VARSITY!! CONVENIENCE- Walking distance to Market Mall (450 meters). 50 meters from bus stop and 10 minutes from the C-Train. PERFECT for family- 3 excellent schools in the neighborhood. AWESOME for professionals or students (University of Calgary, Hospitals, easy commute to downtown). 3 bedrooms main floor, 1 bedroom in the basement, den/office/study area in basement. 2.5 bathrooms. Double garage included. BEAUTIFUL Beaumont Park nearby for walking, rivers views, playing and enjoying! Available immediately November 2026!
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 5216 40 Ave Nw compares to other nearby properties.
Considerations
- Distance from grocery stores
- The nearest grocery store is 3.8 miles away
- Distance from transit
- More than 3.1 miles from public transportation
Address details
| Neighborhood | Varsity |
|---|---|
| Post code | T3A 0X3 |
| Type | House for rent |
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Rent trends in Varsity
Median rents as of Oct 17 2026.
Varsity
Calgary
| Month | Median Rent |
|---|---|
| November 2024 | $1,745 |
| December 2024 | $1,680 |
| January 2025 | $1,662 |
| February 2025 | $1,650 |
| March 2025 | $1,650 |
| April 2025 | $1,647 |
| May 2025 | $1,647 |
| June 2025 | $1,694 |
| July 2025 | $1,675 |
| August 2025 | $1,707 |
| September 2025 | $1,707 |
| October 2025 | $1,690 |
| November 2025 | $1,628 |
| December 2025 | $1,613 |
| January 2026 | $1,614 |
| February 2026 | $1,626 |
| March 2026 | $1,602 |
| April 2026 | $1,611 |
| May 2026 | $1,601 |
| June 2026 | $1,599 |
| July 2026 | $1,599 |
| August 2026 | $1,596 |
| September 2026 | $1,599 |
| October 2026 | $1,589 |
| Month | Median Rent |
|---|---|
| December 2024 | $1,512 |
| January 2025 | $1,544 |
| February 2025 | $1,525 |
| March 2025 | $1,589 |
| April 2025 | $1,579 |
| May 2025 | $1,520 |
| June 2025 | $1,565 |
| July 2025 | $1,703 |
| August 2025 | $1,642 |
| September 2025 | $1,662 |
| October 2025 | $1,564 |
| November 2025 | $1,519 |
| December 2025 | $1,405 |
| January 2026 | $1,412 |
| February 2026 | $1,438 |
| March 2026 | $1,360 |
| April 2026 | $1,446 |
| May 2026 | $1,599 |
| June 2026 | $1,682 |
| July 2026 | $1,484 |
| August 2026 | $1,550 |
| September 2026 | $1,534 |
| October 2026 | $1,598 |
Affordability calculator
Can I afford to live at 5216 40 Ave Nw?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$102,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $102,000 annually to afford this 4-bedrooms monthly rent price of $2,550.
For more information on rent affordability, visit our rent calculator.
Neighborhood
Varsity | Calgary, AB
Getting around Calgary near 5216 40 Ave Nw
Walking
6/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
6/10
Popular public transit options are just a short walk from this location.
Points of interest for 5216 40 Ave Nw, Calgary
Groceries
8/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
8/10
Wide variety of shops within a few minutes' walk
Cafes
7/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
5/10
Variety of bars within a short drive
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