Varsity, Calgary · MLS® A2353698
221
1,112 sq ft · Condo · Single Family · built 2015 · 3 days on market
listed by Rebecca Beninger, Century 21 Bamber Realty LTD.
This award-winning Statesman-built corner unit in Monterey II at The Groves of Varsity offers sweeping neighbourhood and horizon views, with glimpses of the mountains beyond. Offering over 1,100 sq. ft. with 2 bedrooms and 2 bathrooms, this south-facing home is a must-see. The well-designed layout is easy to furnish and has great flow throughout. The kitchen island has been extended for added prep and seating space, and features granite countertops, updated stainless steel appliances and a breakfast bar for casual dining. The open living/dining room is bright, with an abundance of windows and lovely vistas. The primary bedroom easily fits a king-size bed with room for nightstands, and includes a large walk-in closet and a 4-piece ensuite with dual sinks, a stand-up shower and a large linen cupboard for extra storage. The second bedroom offers a good-sized closet and plenty of natural light. A 4-piece main bathroom with tub and in-suite laundry with extra storage complete the unit. All windows have custom blinds or drapes. This unit includes one titled parking stall, conveniently located steps from the elevator, and one assigned storage locker. This concrete and steel building offers wonderful amenities, including a fitness centre, steam rooms, change rooms, a meeting room with lounge, and a rooftop terrace with views of the mountains, Canada Olympic Park and Nose Hill Park. Walk to shops, medical centres and the Dalhousie LRT station, and you’re just minutes from the University of Calgary and Foothills Medical Centre. This location and exceptional unit can’t be beat!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,869 · tax $288 · strata $854 · 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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$519,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $519,500 |
| 2025 | $574,000 |
| 2024 | $511,000 |
| 2023 | $447,500 |
| 2022 | $443,500 |
| 2021 | $453,000 |
| 2020 | $462,000 |
| 2019 | $485,500 |
From City of Calgary open data (property assessments), matched to 502 24 VARSITY ESTATES CI NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $3,455 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $3,454 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 89/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 8 places to eat or drink, 4 cafes, 16 parks and playgrounds, 4 pharmacies, 31 transit stops.
mihom score from OpenStreetMap places, by straight line distance.