By the numbers
How this listing measures up
$/sqft
$459
vs Varsity median
+92%
community avg $715K
Sqft per bedroom
—
Year built
1967
Annual taxes
$6,072
2025
Varsity avg DOM
30d
$/sqft distribution
Where this listing sits in Varsity
Of 73 active residential listings in Varsity,
this property at $459/sqft
sits in the $450–500 range.
Other active listings
This listing's price range
This listing
About this property
Located in the highly sought-after community of Varsity, this well-maintained revenue-generating 4-plex presents an exceptional investment opportunity. Ideally situated with quick access to Market Mall, the University of Calgary, Foothills Medical Centre, Alberta Children’s Hospital, and public transportation, this property offers strong long-term tenant appeal and consistent income potential. Each of the four units features a functional and spacious layout with three bedrooms, two bathrooms, and approximately 750 sq. ft. of above-grade living space, plus a fully developed basement. The complex also offers six outdoor parking stalls for added tenant convenience. Significant capital improvements have already been completed, including updated furnaces (2008), Hot water tanks as needed (2013-2024), new Torch-on Roof (2013), new windows in (2024), and new patio doors (2025). Three of the four units have been tastefully renovated with updated kitchens, flooring, and bathrooms, making this a turnkey opportunity with strong upside and excellent future potential.
Property details
| Style | Attached-Up/Down,Bi-Level |
| Flooring | Carpet,Laminate,Linoleum,Vinyl |
| Levels | Bi-Level |
| Interior features | Vinyl Windows |
| Appliances | Dishwasher,Electric Stove,Refrigerator,Washer/Dryer |
| Inclusions | Refrigerator x4, Electric Stove x4, Dishwashers x3, Washers x3, Dryers x3 |
| Lot size | 6996.00 sqft |
| Frontage | 70.05 ft |
| Year built | 1967 |
| Construction materials | Brick,Stucco,Wood Frame |
| Roof | Flat Torch Membrane |
| Foundation | Poured Concrete |
| Parking total | 6 |
| Annual taxes | $6,072 |
| Tax year | 2025 |
| Possession | Negotiable |
| Zoning | M-C1 |
| Title | Fee Simple |
| Restrictions | None Known |
| Neighbourhood | Varsity |
| List AOR | Calgary |
Location
Sold comparables in Varsity
117 recent sales in Varsity
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Sign up to see sold dataAbout Varsity
AI-generated summaryA 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.
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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