Varsity, Calgary · MLS® A2348365
211
866 sq ft · Condo · Single Family · built 1978 · 18 days on market
listed by Daniel Salloum, RE/MAX House of Real Estate
Welcome to Varsity Towers! This bright and well-laid-out 2 bedroom offers 865 sq.ft. of comfortable living space in one of NW Calgary’s most convenient locations. The functional floor plan features a spacious living and dining area, a practical kitchen, and large windows that bring in plenty of natural light throughout the day. Enjoy the added comfort of air conditioning for the warm summer months, a gas Fire Place for those cold winter days, plus secure heated underground parking and an additional assigned storage locker. Varsity Towers offers an impressive selection of amenities, including an indoor swimming pool, hot tub, fitness room, sauna, library, courtyard, greenhouse, Gazebo, BBQ Area, and more. Located just minutes from the University of Calgary, Market Mall, University District, Foothills Medical Centre, Alberta Children’s Hospital, Nose Hill Park, public transit, shopping, restaurants, and downtown Calgary. Make this your new home a great opportunity for first-time buyers, students, professionals, or investors looking for a well-managed building in a highly desirable community.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,240 · tax $160 · strata $690 · insurance ~$35 · 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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Rapid transit: Dalhousie CTrain station, 1.5 km (about 23 min walk); Brentwood CTrain station, 1.5 km (about 24 min walk).
$288,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $288,500 |
| 2025 | $299,000 |
| 2024 | $253,000 |
| 2023 | $214,000 |
| 2022 | $201,000 |
| 2021 | $208,000 |
| 2020 | $218,500 |
| 2019 | $234,500 |
From City of Calgary open data (property assessments), matched to 201 4554 VALIANT DR NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,918 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,919 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.
Rapid transit: Dalhousie CTrain station, 1.5 km (about 23 min walk); Brentwood CTrain station, 1.5 km (about 24 min walk).
Walkability 86/100 · Very walkable: most errands on foot
Within a 10 minute walk: 16 places to eat or drink, 3 cafes, 15 parks and playgrounds, 4 schools, 1 pharmacy, 24 transit stops.
mihom score from OpenStreetMap places, by straight line distance.