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Highlights

  • Pet Friendly

Location

501 40 Ave Nw, Calgary, AB T2K 5S5, CAN
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Contact

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Management

Mainstreet Equity Corp.

Leasing office

(587) 327-9836

Property Overview

Queens Park Townhomes is a highly rated community with an overall expert score of 8.8/10, reflecting strong performance across price, amenities, location, and trustworthiness. With perfect 10/10 ratings for both price and amenities plus a 9/10 location score, it offers excellent value, elevated day-to-day living, and convenient access to key destinations. Outdoor spaces contribute to its pet-friendly appeal, while a detailed, transparent property description supports an 8/10 trustworthiness rating.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, Queen's Park Townhomes is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Queen's Park Townhomes has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Great for

  • Pet owners

Floor plans

2 bedroom2 bed1 bath910 sqft$1,500 /mo1 unit available
3 bedroom3 bed1 bath1,140 sqft$1,800 /mo1 unit available

Let's explore this property.

Amenities for Queen's Park Townhomes

Apartment Amenities

BalconyCarpet
Central HeatFireplace
Hardwood FloorIn-suite Storage
Laminate FloorsView
Window Coverings

Appliances

FridgeIn-Unit Laundry
Individual ThermostatsStove
Washer In-Suite

Tech

Internet Ready

Building

Cats OKControlled Entry
Dogs OKNo Smoking Allowed
Onsite LaundryVideo Surveillance

Grounds

Bike RacksEnergized Parking
Outdoor SpaceShared Yard
Storage

Services

On-Site ManagementPatrol Security

Neighborhood

Public TransitShopping Nearby
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.

$499

OPTIONAL FEES

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Parking Policy

Covered Lot

Surface Lot

Covered Lot

Parking Fee

Monthly. 2 covered lots max.

Contact Property

Surface Lot

Parking Fee

Monthly. 2 surface lots max.

Contact Property

Questions about this property’s policies and fees?

Building details

Property details

Lease terms12 months
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About Queen's Park Townhomes

Managed by Mainstreet Equity Corp.
HomeApartments in Calgary Queen's Park Townhomes

Property Description If you're looking for pet-friendly townhouse rentals in the 4th Street NW area, Queen's Park Townhomes by Mainstreet will end that search. Imagine relaxing and barbequing on your balcony in the summer and curling up next to your fireplace in the winter in this beautiful renovated complex. Beautiful wooden planters cross the property where plant life provides freshness to the outdoor commons. Every one of these townhomes is renovated, smoke-free, and best of all, cat and dog-friendly. They are also cable-and-internet-ready and feature soft carpet, elegant hardwood, and high-grain laminate flooring. Moving is easy too; we provide the fridge, stove, in-suite washer and dryer, window coverings, and many homes feature a fireplace and generous patio balcony along with in-suite storage. Energized parking makes those cold winter mornings bearable, and optional covered stalls (subject to availability) protect your car from snowy surprises. Featuring an outdoor greenspace, secured entry, video surveillance, security patrols, and on-site staff: it's a safe, fun, and perfect place to raise your family or pets! These stylish townhomes go quickly for all of the reasons we just mentioned, so apply online now! 2 bedroom 3 bedroom Amenities - Video surveillance - On-site staff - Fridge - Stove - Washer in suite - Balconies - Carpeted floors - Hardwood floors - Individual thermostats - In-suite storage - Park views - Dryer in suite - Cable ready - Shared yard - Private yard - Fireplace - Window coverings - Public transit - Shopping nearby - Parks nearby - Schools nearby - Internet ready - No Smoking allowed - Energized Parking - Laminate floors - Secure entry - Patrol Security - Bike Racks Community The best townhouse rentals in the 4th Street NW area are located just steps from great schools like James Fowler High School and Buchanan School; only a short 10-minute drive to North Hill Centre and Michelle's Farmer's Market, only 15 minutes to market Mall, and only five minutes to Safeway grocery store! Transit is right outside, and this area is a favourite of both cyclists and walkers. Enjoy the rolling expanses of nearby Highwood Park, a perfect place for the kids or a few friends to cool off with a swim in the summer and a skate on the rink in the winter. You don't even have to leave the property for green space, because beautiful plants and trees and a spacious common outdoor area have you covered. - Across the street from James Fowler High - 12-minute walk to Buchanan School, 14-minute walk to Highwood School - 7-minute drive to gym facilities at Mission Fitness - 12-minute drive to University of Calgary Campus Perfect for families and working individuals alike, this beautiful complex is close to everything you need to enjoy the best Southern Alberta living has to offer! Move in soon – apply online now! Important: Suite availability, rental rates, utility inclusions, and incentives are subject to change without notice. Security deposit amounts may vary based on credit history, rental history, and risk assessment. Advertised rental rates are net of applicable incentives and based on a one-year lease term. Incentives apply to new applicants only and cannot be combined with other offers. Suite images are for illustration purposes only, and actual suites may vary. Valid renter’s insurance is required for all residents. Additional conditions may apply.


Go to property website

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 Good
With a solid 8.8 out of 10 overall, Queen's Park Townhomes is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Queen's Park Townhomes has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Queen's Park Townhomes
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.
Queen's Park Townhomes 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.
Queen's Park Townhomes 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.
Queen's Park Townhomes 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 Queen's Park Townhomes does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Queen's Park Townhomes is great for:

Pet owners

  • Outdoor spaces are available at this property

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Rent trends in Calgary

If you decide to upgrade your space, you can expect 2-bedrooms at Queen's Park Townhomes to be 23% less than the average for similarly sized apartments in Calgary.

3-bedroom apartments at Queen's Park Townhomes cost about 22% less than the average rent price for 3-bedroom apartments in Calgary.

Median rents as of Jul 4 2026.
Calgary
A table of studio rental data trends in Calgary
MonthMedian Rent
July 2024$1,675
August 2024$1,518
September 2024$1,598
October 2024$1,596
November 2024$1,603
December 2024$1,422
January 2025$1,393
February 2025$1,389
March 2025$1,394
April 2025$1,407
May 2025$1,419
June 2025$1,403
July 2025$1,427
August 2025$1,474
September 2025$1,509
October 2025$1,486
November 2025$1,459
December 2025$1,416
January 2026$1,418
February 2026$1,427
March 2026$1,390
April 2026$1,396
May 2026$1,399
June 2026$1,381
July 2026$1,350

Affordability calculator

Can I afford to live at 501 40 Ave Nw?

Bedrooms

Rent-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

$60,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $60,000 annually to afford this 2-bedrooms monthly rent price of $1,500.
For more information on rent affordability, visit our rent calculator.
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Internet available near Queen's Park Townhomes

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Calgary near 501 40 Ave Nw

Walking

6/10
Some shops and stores are within a few minutes.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

6/10
Popular public transit options are just a short walk from this location.

Points of interest for 501 40 Ave Nw, Calgary

Groceries

8/10
At least one grocery store within a 15-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

6/10
Some restaurants within walking distance

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

10/10
At least one high school within a 5-minute walk

Parks

10/10
Very large amount of park space within a few minutes' walk

Nightlife

5/10
Some bars within walking distance

Explore the area around 501 40 Ave Nw

Cristale's Edible Art
4312 2 St NW
TGF Foods
221 35 Ave NE
M&M Food Market
728 Northmount Dr NW
Shop & Save
5612 4 St NW
2115581 Alberta Ltd
3400 14 St NW

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