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Home Communities University District 506-3932 University Avenue NW
$340,000 Terminated
506-3932 University Avenue NW · Calgary · T3B6P6
1 bd 1.0 ba 497 sqft $684/sqft Built 2024
MLS® A2312671 · Listed May 25, 2026
Listed by Engel & Völkers Calgary — Curtis MacPhail
By the numbers

How this listing measures up

Value score Hot deal
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$/sqft $684
vs University District median -53% community avg $719K
Sqft per bedroom 497
Year built 2024
Annual taxes $1,523 2025
Garage 1 space
$/sqft distribution

Where this listing sits in University District

Of 39 active residential listings in University District, this property at $684/sqft sits in the $650–700 range.
$400–$450/sqft · 1 listing $450–$500/sqft · 2 listings $500–$550/sqft · 3 listings $550–$600/sqft · 3 listings $600–$650/sqft · 6 listings $650–$700/sqft · 7 listings $700–$750/sqft · 6 listings $750–$800/sqft · 2 listings $800–$850/sqft · 0 listings $850–$900/sqft · 1 listing $900–$950/sqft · 4 listings $950–$1000/sqft · 1 listing $1000–$1050/sqft · 0 listings $1050–$1100/sqft · 3 listings $400 $500 $600 $700 $800 $900 $1000 $1100 This · $684
Other active listings This listing's price range This listing

About this property

This 1-bed, 1-bath condo in the sought-after University District's ARGYLE building is a turnkey investment opportunity, currently tenanted with income in place from day one. With nearly 30,000 sqft of retail at your doorstep and just an 8-minute walk to the University of Calgary, the location is unbeatable. The unit features 9' ceilings, luxury vinyl plank flooring, quartz countertops, shaker-style cabinetry, soft-close drawers, LED lighting, roller shade window coverings, and a spacious in-unit laundry room. Enjoy a large balcony with a BBQ gas line, TITLED UNDERGROUND PARKING, an assigned storage locker, and roughed-in cooling. Argyle offers premium amenities including a gym, owners' lounge, meeting room, terrace, and community garden. Steps from Retail Main Street, Central Commons Park, and over 50 retailers such as Shoppers, Cobs Bread, Village Ice Cream, Cineplex, Save-On-Foods, and OEB Breakfast, this vibrant community is ideally positioned near the Foothills Hospital, Alberta Children's Hospital, and the University of Calgary — a strong fit for investors seeking a stabilized rental in a high-demand catchment. With easy access to major roads, Downtown, and Market Mall, this is a rare opportunity in a thriving location.

Property details

Bedrooms1
Bathrooms1.0
StyleApartment-Single Level Unit
HeatingBaseboard,Forced Air,Natural Gas
CoolingRough-In
FlooringVinyl Plank
LevelsSingle Level Unit
Interior featuresCloset Organizers,High Ceilings,No Animal Home,No Smoking Home,Open Floorplan,Quartz Counters
AppliancesDishwasher,Electric Range,Microwave,Refrigerator,Washer/Dryer,Window Coverings
InclusionsNone
LaundryIn Unit
Exterior featuresBalcony,BBQ gas line
PatioBalcony(s)
Year built2024
Construction materialsBrick,Cement Fiber Board,Composite Siding,Metal Siding ,Wood Frame
FoundationPoured Concrete
Parking featuresStall,Underground
Garage spaces1
Parking total1
Annual taxes$1,523
Tax year2025
PossessionNegotiable,Subject To Tenancy
ZoningDC
TitleLeasehold
RestrictionsPet Restrictions or Board approval Required,Short Term Rentals Not Allowed
NeighbourhoodUniversity District
Community featuresPark,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths
List AORCalgary

Location

Sold comparables in University District

36 recent sales in University District

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About University District

AI-generated summary

A master-planned, walkable community adjacent to the University of Calgary campus, blending modern urban design with green spaces and a vibrant mixed-use village core.

42 active listings with an average list price of $699,342
Homes are averaging 59 days on market, suggesting a balanced to slightly slower-paced market
Purpose-built master-planned community developed on the former Foothills Industrial lands
Housing
Predominantly newer condos, townhomes, and apartment-style units built from 2018 onward, with a mix of rental and ownership options targeting a range of budgets.
Transit
Excellent transit access with direct connections to the CTrain University/SAIT LRT stations, plus dedicated bike lanes and pedestrian pathways supporting car-light living.
Amenities
Home to a growing retail village with grocery, dining, medical services, and entertainment, alongside immediate access to Foothills Medical Centre and Alberta Children's Hospital.
Who lives here
A diverse mix of university students, healthcare and academic professionals, young couples, and downsizers drawn by the walkability and modern amenities.
Full University District 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: Engel & Völkers Calgary — Curtis MacPhail.