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Reduced $100,000 (8%) from $1,250,000
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40 Varston Place NW
Beds
4
Baths
3 full + 1 half
Sqft
2,309
Year
1969
Type
Single Family
On market
20d
Welcome to 40 Varsity Place NW — a rare opportunity in the highly sought-after community of Varsity Village. This original family home sits on a premium oversized 70’ x 120’ lot backing directly onto green space, offering privacy and stunning views of mature trees. Located on a quiet no-through road, it’s an ideal setting for a growing family seeking space and tranquility. Whether you’re looking for a move-in ready home, a renovation project, or the perfect site to build your dream home, this property delivers exceptional potential. With over 3,100 sq ft of developed living space, the main floor features a bright kitchen, formal dining room, family room, living room, sunroom, laundry, and powder room. Upstairs you’ll find four generous bedrooms and two full bathrooms. The primary bedroom comes complete with a 3-piece ensuite, large walk-in closet, and a private balcony overlooking the front yard.A finished basement offers a large rec room plus ample storage and utility space. Recent upgrades include new furnaces and a new hot water tank. Enjoy an oversized two-car attached garage, wide driveway for extra parking, and a beautifully landscaped yard that backs onto peaceful green space. Homes with this combination of lot size, location, and versatility in Varsity don’t come available often. Book your private showing today and experience it for yourself! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 27.00 Ft x 15.00 Ft | |
| Storage | 16.92 Ft x 12.92 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | .00 Ft x .00 Ft | |
| Dining room | 12.08 Ft x 14.92 Ft | |
| Kitchen | 11.83 Ft x 13.50 Ft | |
| Family room | 17.75 Ft x 13.58 Ft | |
| Living room/Dining room | 19.17 Ft x 15.00 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | .00 Ft x .00 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 9.42 Ft x 11.58 Ft | |
| Bedroom | 9.50 Ft x 14.92 Ft | |
| Bedroom | 22.33 Ft x 9.67 Ft | |
| Primary Bedroom | 12.33 Ft x 17.25 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 9, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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