Varsity, Calgary · MLS® A2348326
221
1,139 sq ft · Condo · Single Family · built 1978 · 25 days on market
listed by Catherine Chow, CIR Realty
Incredible Value in a bright corner unit! This spacious 1,139 sq. ft. corner unit offers an abundance of natural light, a generous floor plan and two private balconies. Recent updates include brand-new flooring, new carpet and fresh paint, complemented by newer vinyl windows and balcony doors.The spacious living room features a striking stone fireplace feature wall and sliding patio doors that open onto an L-shaped wraparound balcony overlooking the beautifully landscaped courtyard. The kitchen offers newer stainless steel Whirlpool appliances and ample space for everyday living and entertaining.The exceptionally large primary bedroom provides plenty of room for a king-size bedroom suite and features a 3-piece ensuite with a tiled shower, plus its own private west-facing balcony—an ideal spot to enjoy the evening sunsets.With its generous size, multiple outdoor spaces and convenient location, this home is an excellent opportunity for first-time buyers, investors, roommates or anyone looking for an affordable alternative to a single-family home. Its walking proximity to the University of Calgary, LRT, Market Mall and Alberta Children’s Hospital also makes it particularly appealing to students, professionals and those working in the surrounding area.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,307 · tax $143 · strata $709 · 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: Brentwood CTrain station, 1.4 km (about 22 min walk); University CTrain station, 2.1 km (about 33 min walk).
$257,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $257,500 |
| 2025 | $273,000 |
| 2024 | $236,500 |
| 2023 | $209,000 |
| 2022 | $198,500 |
| 2021 | $227,500 |
| 2020 | $218,000 |
| 2019 | $217,000 |
From City of Calgary open data (property assessments), matched to 303 3737 42 ST NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,712 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,712 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: Brentwood CTrain station, 1.4 km (about 22 min walk); University CTrain station, 2.1 km (about 33 min walk).
Walkability 99/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 19 places to eat or drink, 8 cafes, 12 parks and playgrounds, 1 school, 2 pharmacies, 18 transit stops.
mihom score from OpenStreetMap places, by straight line distance.