Active Listing

4828 Varsity Drive NW

4828 Varsity Drive NW, Calgary

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$1,275,000Price
2,996Sq Ft

Located in the highly sought-after community of Varsity, this well-maintained revenue-generating 4-plex presents an exceptional investment opportunity.

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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 (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.

Refined Amenities

Curated features for a sophisticated lifestyle.

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Dishwasher

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Electric Stove

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Refrigerator

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Washer/Dryer

Specifications

Property Details

Property TypeMulti-Family
Property Subtype4 plex
StyleBi-Level
StructureFour Plex
Transaction TypeFor Sale
Living Area2,996 sq ft
Living Area (m²)278.0 m²
Lot Size6,996 sq ft
Lot Acres0.1600
Year Built1967
LevelsBi-Level
Parking Total6
HeatingForced Air,Natural Gas
AppliancesDishwasher,Electric Stove,Refrigerator,Washer/Dryer
Price / Sq Ft$425.58
Annual Taxes$6,072 (2025)
Tax Assessment$982,500
ZoningM-C1
PossessionNegotiable
Title / LandFee Simple
InclusionsRefrigerators x4, Electric Stoves x4, Dishwasher x1, Washer x1, Dryer x1
Days on Market1
ListedMay 22, 2026
NeighbourhoodVarsity
DistrictCAL Zone NW
MLS NumberA2310800
The Location

Varsity

4828 Varsity Drive NW, Calgary, Alberta, T3A 1A3

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Your Luxury Real Estate Specialist

Inquiries & Private Showings

Spencer Rivers

Calgary luxury real estate specialist. Whether you are looking to buy, sell, or simply want more information about this property, I am here to help.

Listing courtesy of Royal LePage Mission Real Estate.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2025 are $6,072. Contact Spencer Rivers for the most recent assessment documents.
Is a private viewing available?expand_more
Yes, private viewings are available by appointment. Contact Spencer Rivers at 403-966-9237 or visit our contact page to schedule a showing.
What is the listing status?expand_more
This property is currently Active. MLS A2310800. Listed May 22, 2026. Listed by Royal LePage Mission Real Estate.

Ask About This Property

Get in touch with Spencer Rivers for a private showing, detailed floor plans, or more information about this listing.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board (CREB). The trademarks MLS, Multiple Listing Service and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Data last updated: June 8, 2026.