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Home Communities Varsity 4828 Varsity Drive NW
$1,275,000 Sold
4828 Varsity Drive NW · Calgary · T3A 1A3
bd ba 2,996 sqft $426/sqft Built 1967
MLS® A2310800 · Listed May 22, 2026
Listed by Royal LePage Mission Real Estate — Brittney MacMillan, Kevin MacMillan
By the numbers

How this listing measures up

$/sqft $426
vs Varsity median +78% 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 $426/sqft sits in the $400–450 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 · $426
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). One of the units has been tastefully renovated with updated kitchens, flooring, and bathrooms. Don’t miss out on your opportunity to own this turnkey revenue generating property.

Property details

StyleBi-Level
HeatingForced Air,Natural Gas
LevelsBi-Level
AppliancesDishwasher,Electric Stove,Refrigerator,Washer/Dryer
InclusionsRefrigerators x4, Electric Stoves x4, Dishwasher x1, Washer x1, Dryer x1
Lot size6996.00 sqft
Frontage70.02 ft
Year built1967
Parking total6
Annual taxes$6,072
Tax year2025
PossessionNegotiable
ZoningM-C1
TitleFee Simple
RestrictionsNone Known
NeighbourhoodVarsity
List AORCalgary

Location

Sold comparables in Varsity

117 recent sales in Varsity

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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: Royal LePage Mission Real Estate — Brittney MacMillan, Kevin MacMillan.