Varsity, Calgary · MLS® A2345241
321
924 sq ft · Townhouse · Single Family · built 1968 · 37 days on market
listed by Andrew van Pelt, Royal LePage Benchmark
3 BEDS | 1.5 BATHS | 1,878 SQFT TOTAL | 4-LEVEL SPLIT | VARSITY | RENOVATED | PRIVATE FENCED PATIO | EXPOSED BEAMS | WOOD-BURNING FIREPLACE | LARGE SOUTH-FACING WINDOWS | PRIVATE PRIMARY RETREAT | QUICK POSSESSION AVAILABLERarely do homes come for sale in this well managed complex, full of character and tucked into one of Varsity’s most desirable locations, this renovated 4-level split offers 1,863 sqft of total space with a layout that stands apart from the typical townhouse. Exposed beams, skylights, a wood-burning fireplace and large south-facing windows give the home warmth, personality and plenty of natural light.The main level features an updated kitchen with spacious living and dining areas, while the multi-level design provides great separation throughout. Two bedrooms are located on the upper level, with the primary bedroom privately situated on its own floor alongside a half bathroom.The unfinished basement offers excellent storage and future development potential, with space to potentially add another bedroom and bathroom.Outside, enjoy a large fully fenced private patio, along with a natural gas hookup perfect for summer BBQ's. Oxford Mews is a pet-friendly complex featuring mature landscaping, walking paths, community gardens and a shared fire pit.Minutes from Market Mall, the University of Calgary, Alberta Children’s Hospital, LRT, Bow River pathways, schools and Crowchild Trail. A unique Varsity home with character, privacy and an unbeatable location. Quick possession available.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $2,070 · tax $261 · strata $454 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Calgary: CMHC's average there ($2,118) 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, 1.1 km (about 17 min walk); Dalhousie CTrain station, 1.7 km (about 26 min walk).
$471,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $471,500 |
| 2025 | $467,500 |
| 2024 | $396,000 |
| 2023 | $352,500 |
| 2022 | $327,500 |
| 2021 | $286,500 |
| 2020 | $270,500 |
| 2019 | $291,000 |
From City of Calgary open data (property assessments), matched to 608 4500 39 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 $3,135 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $3,135 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, 1.1 km (about 17 min walk); Dalhousie CTrain station, 1.7 km (about 26 min walk).
Walkability 86/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 5 places to eat or drink, 1 cafe, 14 parks and playgrounds, 2 schools, 26 transit stops.
mihom score from OpenStreetMap places, by straight line distance.