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Highlights
Pet Friendly
Location
4212 40 Ave Nw, Calgary, AB T3A 0X1, CAN|Varsity
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Property Overview
4212 40 Ave Nw offers a Zumper Expert Rating that reflects solid overall value, balancing comfort, convenience, and condition. Notable features and pros include appealing in-unit and building amenities, a practical layout, and a location that provides good access to nearby services and daily necessities.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Images Available
Floor plans
| 2Beds | 1 bed | 1 bath | $1,895 /mo | 1 unit available |
Let's explore this property.
Amenities for 4212 40 Ave Nw
Apartment Amenities
| Fireplace | Hardwood Floor |
| Vinyl Plank Floors |
Appliances
| Dishwasher | Dishwasher Available |
| Fridge | In-Unit Laundry |
| Microwave | Stove |
| Washer In-Suite |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Assigned Parking |
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
Deposit
One-time.
$1,895
OPTIONAL FEES
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Parking Policy
Surface Lot
Surface Lot
Parking Fee
Monthly. 2 surface lots max. 1 total spaces.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
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About 4212 40 Ave Nw
Managed by Power Properties Ltd.
Available May 1st. $1895 plus $295 budgeted monthly utility payment (based on 60%) to eliminate the fluctuation in seasonal utility costs. Cozy 2 bedroom main floor home in the desirable community of Varsity! Close to the University of Calgary, Market Mall, Childrens Hospital, Foothills Hospital. This home boasts: · hardwood flooring throughout · updated kitchen with lots of storage, new floors and a dishwasher! · Very large living room/dining area · Fireplace for cold Calgary winters! (Video tour says it should not be used--this is an error--use it!) · Private balcony just for your suite! · 2 large bedrooms! · Dishwasher · In suite laundry!! No sharing or paying here! · New windows at front of home! · Off Street Parking · Fenced in yard with Shed Location, Location, Location! · WALKING DISTANCE TO U OF C!! · Walking distance to Market Mall · Walking distance to Alberta Children's Hospital · Quick access to #1, Crowchild Trail and Shaganappi Trail. We are negotiable with pets, Cat/Dog $50 pet fee. Sorry NO ELEPHANTS!! We do not allow smoking on our properties! Utilities: We offer a budgeted monthly payment of $295/month (based on 60% share of bills). This means you set your monthly budgets and will not have sky high utilities in the cold winter months so close to Christmas! STRICTLY non-smoking/vaping both inside and in the yard! No exceptions please! To easily book a showing, please visit: [powerproperties.net](http://powerproperties.net) - [https app tenantturner com qualify select-time 4212-40-ave-nw?p=Company](https app tenantturner com qualify select-time 4212-40-ave-nw?p=Company)
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, 4212 40 Ave Nw is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 4212 40 Ave Nw has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
4212 40 Ave Nw offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
4212 40 Ave Nw stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
4212 40 Ave Nw is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 4212 40 Ave Nw does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
4212 40 Ave Nw provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
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 4212 40 Ave Nw compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
Considerations
- Fewer storage options
- Limited cabinet or closet space
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
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Rent trends in Varsity
1-bedroom apartments at 4212 40 Ave Nw cost about 24% more than the average rent price for 1-bedroom apartments in Varsity.
Median rents as of May 30 2026.
Varsity
Calgary
| Month | Median Rent |
|---|---|
| June 2024 | $1,833 |
| July 2024 | $1,838 |
| August 2024 | $1,788 |
| September 2024 | $1,791 |
| October 2024 | $1,761 |
| 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 |
| Month | Median Rent |
|---|---|
| July 2024 | $1,729 |
| 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 |
Affordability calculator
Can I afford to live at 4212 40 Ave Nw?
Bedrooms
1 bedroomRent-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
$75,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $75,800 annually to afford this 1-bedroom monthly rent price of $1,895.
For more information on rent affordability, visit our rent calculator.
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Internet available near 4212 40 Ave Nw
Neighborhood
Varsity | Calgary, AB
Getting around Calgary near 4212 40 Ave Nw
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 4212 40 Ave Nw, Calgary
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
9/10
Wide variety of shops within a few minutes' walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
9/10
Very large amount of park space within a few minutes' walk
Nightlife
3/10
Some bars within walking distance
Explore the area around 4212 40 Ave Nw
Safeway
3625 Shaganappi Trail NW
Walmart Supercentre
5005 Northland Dr NW
Save-on-Foods
4163 University Ave NW
Calgary Co-op
4122 Brentwood Rd NW
Koreana Market
3616 52 Ave NW
Bikini Village Market Mall
3625 Shaganappi Trail NW
Alo
3625 Shaganappi Trail NW
American Eagle & Aerie Store
3625 Shaganappi Trail NW
Aritzia
3625 Shaganappi Trail NW
Bellissima
3625 Shaganappi Trail NW
Orange Julius
3625 Shaganappi Trail NW
Second Cup
3625 Shaganappi Trail NW
Jugo Juice
3625 Shaganappi Trail NW
Starbucks
3625 Shaganappi Trail NW
Tim Hortons
5111 Northland Dr NW
Boston Pizza
3625 Shaganappi Trail NW
Milestones
3625 Shaganappi Trail NW
Jameson's Pub
3790 Brentwood Rd NW
Kilkenny Irish Pub
3630 Brentwood Rd NW
Pazzer's Pub
5032 16 Ave NW
Alive Health Centre
3625 Shaganappi Trail NW
Cinnaroll Bakeries Ltd
Ro15C-3625 Shaganappi Tr NW
GNC
3625 Shaganappi Trail NW
Calgary Co-op
5505 Shaganappi Trail NW
Bon A Pet Treat! Pet Bakery
5111 Bowness Rd NW
Park
Park
Playground
Recreation Ground
Park
Boston Pizza
3625 Shaganappi Trail NW
Bourbon St Grill
3625 Shaganappi Trail NW
Chachi's
3625 Shaganappi Trail NW
Cookies By George
3625 Shaganappi Trail NW
Dairy Queen
3625 Shaganappi Trail NW
EB 40 AV NW @ 42 ST NW
Brentwood Station/Greenwood
WB 40 AV NW @ 42 ST NW
Brentwood Station/Greenwood
WB 40 AV NW @ 40 ST NW
Brentwood Station/Greenwood
EB 40 AV NW @ 40 ST NW
Brentwood Station/Greenwood
EB 40 AV NW@ Shaganappi TR
Brentwood Station/Greenwood
SB Brentwood CTrain Station
Red Line - Somerset - Bridlewood/Tuscany CTrain
NB Brentwood CTrain Station
Red Line - Somerset - Bridlewood/Tuscany CTrain
SB Dalhousie CTrain Station
Red Line - Somerset - Bridlewood/Tuscany CTrain
NB Dalhousie CTrain Station
Red Line - Somerset - Bridlewood/Tuscany CTrain
SB University CTrain Station
Red Line - Somerset - Bridlewood/Tuscany CTrain
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