Varsity, Calgary · MLS® A2348626
221
962 sq ft · Townhouse · Single Family · built 1975 · 9 days on market
listed by Rod Forsythe, Real Estate Professionals Inc.
Stylish, Move-In-Ready Townhome in Varsity Estates Welcome to this beautifully updated townhome in the highly sought-after Varsity community. Offering excellent value, modern finishes, and an outstanding location, this move-in-ready home is an ideal opportunity for first-time buyers, professionals, downsizers, or investors.The bright, open-concept main floor features durable laminate flooring and a welcoming living room highlighted by a striking stone-faced wood-burning fireplace. The renovated kitchen blends timeless style with modern touches, featuring crisp white cabinetry, elegant gold hardware, warm wood countertops, and stainless-steel appliances. A beautifully updated two-piece powder room completes the main level.Upstairs are two generously sized bedrooms and a refreshed four-piece bathroom with a deep soaker tub. The spacious primary bedroom provides a comfortable private retreat, while the second bedroom offers excellent flexibility as a guest room, home office, or roommate space. The fully developed basement provides valuable additional living space, including a comfortable family or media room and a versatile area ideal for a home gym, hobby room, workspace, or extra storage.Step outside to your private, fully fenced front patio—perfect for summer BBQs, entertaining, or enjoying your morning coffee. The professionally managed, pet-friendly complex offers reasonable condo fees and an assigned parking stall conveniently located just steps from your front door.The location is exceptional. You’re just minutes from the University of Calgary, Foothills Medical Center, Alberta Children’s Hospital, LRT, shopping, restaurants, and the extensive walking and cycling trails of Bowmont Park.Freshly painted and thoughtfully updated throughout, this home offers the perfect combination of comfort, style, and low-maintenance living in one of Calgary’s most established and convenient communities.Come see for yourself why Varsity remains one of Calgary’s most des irable places to live!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,699 · tax $206 · strata $415 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Calgary: CMHC's average there ($1,908) lowered by what new tenants pay against everyone in the Calgary area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
Nearest public (CBE) and Catholic schools, by distance
The nearest school isn't always the designated one, and Calgary's boards don't publish their boundaries as open data. Check this address with the CBE school finder or Calgary Catholic's. School locations: City of Calgary open data.
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$372,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $372,000 |
| 2025 | $369,000 |
| 2024 | $302,500 |
| 2023 | $259,500 |
| 2022 | $258,500 |
| 2021 | $250,500 |
| 2020 | $266,000 |
| 2019 | $253,000 |
From City of Calgary open data (property assessments), matched to 11 5315 53 AV NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $2,474 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $2,473 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.
Walkability 84/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 8 places to eat or drink, 4 cafes, 14 parks and playgrounds, 4 pharmacies, 31 transit stops.
mihom score from OpenStreetMap places, by straight line distance.