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406, 3719B 49 Street NW
homes for sale · Calgary · Varsity
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$278,000

406, 3719B 49 Street NW

Varsity, Calgary · MLS® A2345741

231

1,552 sq ft · Condo · Single Family · built 1978 · 32 days on market

listed by Karen MacPherson, Greater Calgary Real Estate

realtor's description

Spacious and full of possibilities, this unique home offers the feel of a townhouse with the convenience of apartment living. The main level features a welcoming foyer, new flooring, two-sided wood-burning fireplace and a vaulted living room with large, adjacent covered balcony. The dining room is highlighted by a new bay window and flows into the recently updated kitchen, complete with an adjacent wet bar/coffee station overlooking the living room—perfectly positioned for entertaining. Just off the kitchen, a versatile flex room offers the ideal space for a home office, den, or future kitchen expansion. A convenient powder room and abundant storage complete the main floor.Downstairs offers two generous bedrooms, two bathrooms and additional storage. The primary bedroom includes a 3-piece ensuite and private covered balcony, while the second bedroom features another new bay window, excellent closet space and a nearby 4-piece bath. Both levels have access to complimentary communal laundry rooms conveniently located just down the hall.Meet your neighbours in the main-floor common reading and puzzle room, or as you come and go from your separate storage unit (31) or underground, heated parking stall (14). Ideally located directly across from Market Mall, with easy access to nearby hospitals, universities, and the vibrant restaurants and cafés of the University District, this home puts convenience at your doorstep.

property details

type
Condo, Single Family
bedrooms
2
bathrooms
3
living area
1,552 sq ft
parking
1
year built
1978
property tax
$2,214 / yr
strata fee
$1,131 / mo ($0.73 / sq ft)
strata rules
Pets not Allowed, Age Restrictions
days on market
32
MLS®
A2345741

features

  • Wet bar
  • PVC window
  • No Animal Home
  • No Smoking Home
  • Parking
  • Golf Course Development

monthly cost

$2,527/mo
Mortgage $1,211 · Tax $185 · Strata $1,131

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$1,211/ monthly
loan $222,400
25-year amortization
total interest
$140,966
land title fees
$605
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$56,205
down + land title fees
total paid
$363,366

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent
$1,840/mo
after all costs
−$869/mo
cap rate
1.5%
yearly net rent ÷ price

Costs: mortgage $1,211 · tax $185 · strata $1,131 · 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

location

Varsity, CalgaryGoogle Maps ↗

Rapid transit: Dalhousie CTrain station, 1.9 km (about 30 min walk); Brentwood CTrain station, 2 km (about 31 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Christine Meikle School225 m
  • Elementary · Catholic St. Vincent De Paul Elementary Junior High School763 m
  • Secondary · Catholic St. Francis High School4.0 km

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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Karen MacPherson
Greater Calgary Real Estate
call Karen · 403-923-9453
Powered by: REALTOR.ca
▶ virtual tour

similar homes nearby

city assessment

$333,000

2026 assessment · market value as of July 1, 2025

  • Down 3.5% from $345,000 in 2025
  • $277,500 in 2016 (20% over ten years)
  • Asking price is 17% below the assessment
  • Built 1978
  • Lot 10,451 m² (112,494 sq ft)
roll yearassessed
2026$333,000
2025$345,000
2024$294,500
2023$250,000
2022$252,000
2021$272,000
2020$276,000
2019$293,000

From City of Calgary open data (property assessments), matched to 406 3719B 49 ST NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $2,214 a year

The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).

The listing shows $2,214 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.

location

Varsity, CalgaryGoogle Maps ↗
Drive times
  • Alberta Children's Hospital4 min
  • École Terre des Jeunes4 min
  • Calgary Charter School Hub ¿ Almadina Campus4 min
  • University of Calgary5 min
  • Downtown Calgary14 min
  • YYC airport23 min

Rapid transit: Dalhousie CTrain station, 1.9 km (about 30 min walk); Brentwood CTrain station, 2 km (about 31 min walk).

98

Walkability 98/100 · Very walkable: most errands on foot

Within a 10 minute walk: 1 grocery store, 19 places to eat or drink, 8 cafes, 14 parks and playgrounds, 2 schools, 2 pharmacies, 18 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

201, 3500 Varsity Drive NW, Calgary
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201, 3500 Varsity Drive NW, Calgary, photo 7
201, 3500 Varsity Drive NW, Calgary, photo 8
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