Calgary Real Estate Geek
Home Communities Varsity 5135 48 Street NW
$1,055,000 Expired
5135 48 Street NW · Calgary · T3A 0T2
6 bd 4.0 ba 1,853 sqft $569/sqft Built 1968
MLS® A2278073 · Listed Jan 9, 2026
Listed by Homecare Realty Ltd. — Tao Chen
By the numbers

How this listing measures up

$/sqft $569
vs Varsity median +46% community avg $721K
Sqft per bedroom 309
Year built 1968
Annual taxes $6,180 2025
Garage 2 spaces
$/sqft distribution

Where this listing sits in Varsity

Of 72 active residential listings in Varsity, this property at $569/sqft sits in the $550–600 range.
$150–$200/sqft · 1 listing $200–$250/sqft · 2 listings $250–$300/sqft · 8 listings $300–$350/sqft · 6 listings $350–$400/sqft · 8 listings $400–$450/sqft · 4 listings $450–$500/sqft · 10 listings $500–$550/sqft · 5 listings $550–$600/sqft · 6 listings $600–$650/sqft · 4 listings $650–$700/sqft · 8 listings $700–$750/sqft · 6 listings $750–$800/sqft · 0 listings $800–$850/sqft · 4 listings $150 $250 $350 $450 $550 $650 $750 $850 This · $569
Other active listings This listing's price range This listing

About this property

Welcome to this beautifully maintained bungalow situated on a desirable corner lot. The main floor offers a bright and functional layout featuring three spacious bedrooms and two full bathrooms, including a generously sized primary bedroom. The fully developed basement provides three additional bedrooms, two full bathrooms, and expansive living and recreation spaces—ideal for extended family or guests. The home showcases a renovated kitchen with custom cabinetry, quality finishes, ample counter space, and a large central island, seamlessly connecting to the dining and living areas. Large windows and a skylight fill the home with natural light, while hardwood flooring enhances the warm and inviting atmosphere throughout the main living spaces. Outside, enjoy a low-maintenance yard complete with maintenance-free fencing, a maintenance-free deck, and new landscaping, perfect for relaxing or entertaining. Additional highlights include two detached garages, providing excellent parking and storage options. A well-appointed property offering space, functionality, and pride of ownership in a sought-after location.

Property details

Bedrooms6
Bathrooms4.0
StyleBungalow
HeatingHigh Efficiency,ENERGY STAR Qualified Equipment,Forced Air,Natural Gas
CoolingNone
FlooringHardwood
LevelsOne
BasementFull
Basement developmentFinished
Interior featuresBreakfast Bar,High Ceilings,Kitchen Island,Skylight(s)
AppliancesBuilt-In Oven,Built-In Refrigerator,Dishwasher,Dryer,Gas Cooktop,Microwave,Washer,Window Coverings
InclusionsN/A
LaundryLaundry Room,Main Level
Lot size5930.00 sqft
Frontage54.99 ft
Lot featuresCorner Lot
Exterior featuresGarden,Lighting,Other,Private Entrance,Private Yard
FencingFenced
PatioDeck,Patio
Year built1968
Construction materialsMixed,Stucco,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresDouble Garage Detached,Off Street
Garage spaces2
Parking total2
Annual taxes$6,180
Tax year2025
Possession15 Days / Neg,30 Days / Neg,45 days / Neg,Negotiable
ZoningR-CG
TitleFee Simple
RestrictionsNone Known
NeighbourhoodVarsity
Community featuresOther,Park,Playground,Schools Nearby,Shopping Nearby
List AORCalgary

Location

Sold comparables in Varsity

117 recent sales in Varsity

VOW members see sold prices, sold dates, and full comparable details. Free registration; takes 30 seconds.

Sign up to see sold data

About Varsity

AI-generated summary

A well-established northwest Calgary community with a mature, relaxed feel, known for its tree-lined streets and proximity to the University of Calgary. Varsity balances quiet suburban living with convenient access to major amenities.

Bordered by the University of Calgary to the south and Market Mall to the west
Varsity Ravine provides a natural green corridor through the community
Alberta Children's Hospital and Foothills Medical Centre are a short drive away
Housing
Predominantly single-family detached homes from the 1960s–1980s, with some townhouses and low-rise condominiums, offering solid value in a mature setting.
Transit
Served by Calgary Transit bus routes with the University of Calgary CTrain station (Red Line) nearby, making car-free commuting to the core feasible.
Amenities
Market Mall shopping centre is steps away, and residents enjoy easy access to the Bow River pathways, Varsity Ravine Park, and the wide range of services along Crowchild Trail NW.
Who lives here
A mix of long-time homeowners, university faculty and staff, and families drawn to the established neighbourhood character and proximity to the University of Calgary and Alberta Children's Hospital.
Full Varsity community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

Browse Calgary homes by feature

Heritage & Character Homes New Construction Homes Character Homes Homes Near C-Train Legal Suite Homes Backing Onto Park EV Charging Homes Hot Tub Homes River Homes Walkout Basements Luxury Homes Triple Car Garage Just Listed

Similar listings in Varsity

Listed by: Homecare Realty Ltd. — Tao Chen.