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56, 3519 49 Street NW
homes for sale · Calgary · Varsity
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$250,000

56, 3519 49 Street NW

Varsity, Calgary · MLS® A2343070

211

399 sq ft · Condo · Single Family · built 1976 · 43 days on market

listed by Annie Demello, The Real Estate District

realtor's description

Tucked into the heart of Varsity, this freshly updated two-level apartment is one of those homes that makes you realize you may not need as much space — or as much money — as you thought to live really well.The main level is bright, open and surprisingly spacious, with a comfortable living room, dining area and refreshed kitchen that all flow naturally together. Freshly painted, new laminate flooring and stainless steel appliances (all updated in 2022, including washer and dryer) give the space a clean, modern feel, while built-in shelving in the pantry adds a little character and function you don’t always find at this price point. Step outside onto your balcony for your morning coffee, or simply enjoy having your own outdoor space without the upkeep of a yard.Downstairs is where the layout really sets this one apart. Two bedrooms and a beautifully updated full bathroom create a quiet, separate retreat from the main living space. And while the bedrooms are technically below grade, the oversized windows bring in an unexpected amount of natural light and make the rooms feel bright, comfortable and far from basement-like.You’ll also have in-suite laundry, two access points to the home, one assigned surface parking stall and plenty of street parking. The Sauna (1st Floor) of this building + Gym (2nd Floor) are located in the other building, Building "A". And then there’s the location. You’re minutes from University of Calgary, close to Market Mall, surrounded by beautiful walking and biking routes at Varsity Ravine Park, and within easy reach of just about everything you need day to day. It’s the kind of convenience that gives you back time — whether you’re heading to class, commuting to work, meeting friends for coffee or getting outside for a walk.This could be a smart first step into homeownership, a great home base while attending university, or the perfect opportunity to simplify without giving up space.

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property details

type
Condo, Single Family
bedrooms
2
bathrooms
1
living area
399 sq ft
parking
1
year built
1976
property tax
$1,705 / yr
strata fee
$629 / mo ($1.58 / sq ft)
strata rules
Pets Allowed, Pets Allowed With Restrictions
days on market
43
MLS®
A2343070

features

  • Closet Organizers
  • Sauna
  • Parking
  • Pets Allowed
  • Pets Allowed With Restrictions
  • Refrigerator

monthly cost

$1,861/mo
Mortgage $1,089 · Tax $142 · Strata $629

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

estimated payment
$1,089/ monthly
loan $200,000
25-year amortization
total interest
$126,768
land title fees
$550
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$50,550
down + land title fees
total paid
$326,768

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
−$203/mo
cap rate
4.3%
yearly net rent ÷ price

Costs: mortgage $1,089 · tax $142 · strata $629 · 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

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Christine Meikle School132 m
  • Elementary · Catholic St. Vincent De Paul Elementary Junior High School1.0 km
  • 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
Annie Demello
The Real Estate District
call Annie · 587-228-6113
Powered by: REALTOR.ca
▶ virtual tour

location

Varsity, CalgaryGoogle Maps ↗

Rapid transit: Brentwood CTrain station, 2 km (about 31 min walk); Dalhousie CTrain station, 2.2 km (about 34 min walk).

city assessment

$256,500

2026 assessment · market value as of July 1, 2025

  • Down 6.4% from $274,000 in 2025
  • $224,000 in 2016 (15% over ten years)
  • Asking price is 3% below the assessment
  • Built 1976
  • Lot 6,239 m² (67,156 sq ft)
roll yearassessed
2026$256,500
2025$274,000
2024$224,500
2023$193,000
2022$172,500
2021$175,000
2020$188,500
2019$200,000

From City of Calgary open data (property assessments), matched to 56 3519 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 $1,706 a year

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

The listing shows $1,705 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 ↗

Rapid transit: Brentwood CTrain station, 2 km (about 31 min walk); Dalhousie CTrain station, 2.2 km (about 34 min walk).

Drive times
  • Alberta Children's Hospital4 min
  • École Terre des Jeunes4 min
  • Calgary Charter School Hub ¿ Almadina Campus4 min
  • University of Calgary5 min
  • Downtown Calgary15 min
  • YYC airport23 min
99

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, 14 parks and playgrounds, 1 school, 2 pharmacies, 17 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

406, 3719B 49 Street NW, Calgary
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Condo
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