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
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.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
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
Rapid transit: Dalhousie CTrain station, 1.9 km (about 30 min walk); Brentwood CTrain station, 2 km (about 31 min walk).
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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$333,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 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.
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.
Rapid transit: Dalhousie CTrain station, 1.9 km (about 30 min walk); Brentwood CTrain station, 2 km (about 31 min walk).
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.