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Home Communities Varsity 131 Varsity Estates Terrace NW
$1,435,000 Active
131 Varsity Estates Terrace NW · Calgary · T3B 5J6
5 bd 3.0 ba 2,253 sqft $637/sqft Built 1987
MLS® A2294440 · Listed Apr 1, 2026
Listed by RE/MAX Real Estate (Mountain View) — Colin Ongyerth
By the numbers

How this listing measures up

$/sqft $637
vs Varsity median +101% community avg $715K
Sqft per bedroom 451
Year built 1987
Annual taxes $8,500 2025
Garage 2 spaces
$/sqft distribution

Where this listing sits in Varsity

Of 73 active residential listings in Varsity, this property at $637/sqft sits in the $600–650 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 · 7 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 · $637
Other active listings This listing's price range This listing

About this property

Welcome to a large walkout bungalow in the heart of Varsity Estates. The home has over 4,600 of livable space! Rarely does such a large bungalow of this size come to market. This large pie lot with south exposure has been well maintained in the 20 years that the current owners have owned the home. The main floor has a large living room with a gas fireplace, a spacious front family room and a sizable dining area that's great for entertaining. The kitchen has an island with a separate eating area that looks south. There is access to a raised deck that overlooks the yard and neighboring properties. The master bedroom is big with its own 4 piece ensuite and walk in closet. There are 2 additional bedrooms with a 4 piece bathroom + a mud room and laundry. The lower level is fully developed with 2 bedrooms and a 4 piece bathroom. There is a bar and a large rec room for entertaining. There is a large pool that hasn't been used in 20+ years (sold as is). The home has a huge backyard that's great for kids. The home is located in close proximity to Dalhousie Station and Crowchild Square plaza. A short drive to Market Mall and Silver Springs golf course. Home won't last long!

Property details

Bedrooms5
Bathrooms3.0
StyleBungalow
HeatingForced Air,Natural Gas
CoolingNone
FlooringCarpet,Ceramic Tile,Hardwood
LevelsOne
BasementFull
Basement developmentFinished
Interior featuresBar,Bookcases,Kitchen Island,Skylight(s)
AppliancesDishwasher,Electric Stove,Microwave,Microwave Hood Fan,Oven,Refrigerator,Washer/Dryer,Window Coverings
Inclusionsnone
LaundryMain Level
Lot size10215.00 sqft
Frontage13 ft
Lot featuresCul-De-Sac,Landscaped,Pie Shaped Lot
Exterior featuresBarbecue,Garden,Private Entrance,Private Yard,Storage
FencingFenced
PatioDeck
Year built1987
Construction materialsBrick,Stucco,Wood Frame
RoofClay Tile
FoundationPoured Concrete
Parking featuresDouble Garage Attached
Garage spaces2
Parking total4
Annual taxes$8,500
Tax year2025
Possession90 Days / Neg
ZoningR-CG
TitleFee Simple
RestrictionsNone Known
NeighbourhoodVarsity
Community featuresGolf,Park,Playground
List AORCalgary

Location

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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.

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Listed by: RE/MAX Real Estate (Mountain View) — Colin Ongyerth.