4824 Varsity Drive NW
Calgary
T3A 1A3
$1,375,000
Multi-Family
2,996 sq. ft.
built: 1967
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2310060
- Year Built:
- 1967
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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 (2025), and new patio doors (2024). 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 Type:
- Multi-Family
- Property Sub Type:
- 4 plex
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Home Style:
- Attached-Up/Down, Bi-Level
- Total Living Area:
- 2,995.92 sq. ft.
- Main Level Finished Area:
- 748.98 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Lot Area:
- 6,996 sq. ft.
- Lot Frontage:
- 70'1"
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
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- Acres Tame Hay:
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- Acres Treed:
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- Acres Waste:
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- Acres Water Rights:
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- Reg. Size:
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- Reg. Size Includes:
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- Levels:
- Bi-Level
- Year built:
- 1967 (Age: 59)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 3615JK
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Brick, Stucco, Wood Frame
- Structure Type:
- Four Plex
- Roof:
- Flat Torch Membrane
- Ensuite:
- No
- Flooring:
- Carpet, Laminate, Linoleum, Vinyl
- Fireplaces:
- 0
- Fireplace Details:
- None
- Utilities:
- Electricity Paid For
- Garage:
- No
- Parking Places:
- 4
- Parking Total/Covered:
- 4 / -
- Northwest
- Varsity
- Dishwasher, Electric Stove, Refrigerator, Washer/Dryer
- N/A
- None Known
- Title to Land:
- Fee Simple
- Interior Features:
- Vinyl Windows
- Num. of Parcels:
- 0
- Region:
- Calgary
- Zone:
- CAL Zone NW
- Zoning:
- M-C1
- Listed Date:
- May 22, 2026
- Days on Mkt:
- Signup
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Listed by Royal LePage Mission Real Estate
Data was last updated May 22, 2026 at 10:05 PM (UTC)
Area Statistics
- Listings on market:
- 45
- Avg list price:
- $2,950,000
- Min list price:
- $149,900
- Max list price:
- $17,250,000
- Avg days on market:
- 56
- Min days on market:
- 2
- Max days on market:
- 324
- Avg price per sq.ft.:
- $535.27
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- EMMELINE NOBLET
- REAL ESTATE PROFESSIONALS INC.
- 1 (403) 4781222
- Contact by Email
Real Estate Professionals Inc.
#100, 5810 2nd Street SW., Calgary, AB T2H 0H2