Varsity, Calgary · MLS® A2348686
222
925 sq ft · Condo · Single Family · built 1978 · 27 days on market
listed by Vincent Phan, 2% Realty
If you are looking for a spacious condo in an unbeatable NW Calgary location with extensive amenities, 2 parking stalls, and condo fees that include all utilities, this is an opportunity you do not want to miss. Welcome to Varsity Towers, one of NW Calgary’s premier condo complexes, offering an exceptional combination of location, comfort, and lifestyle. This well-maintained 2-bedroom, 2-bathroom unit is located on the 7th floor and offers a quiet setting in a highly desirable location. The open-concept layout is ideal for everyday living and entertaining, with the kitchen overlooking the spacious living area. Large south-facing windows fill the home with natural light throughout the day, while the living room features a built-in gas fireplace for cozy winter evenings, and air conditioning for added comfort during the summer months. Step outside onto the south-facing balcony, which overlooks the beautifully landscaped courtyard and provides outstanding views. The balcony also includes a rare gas connection for a BBQ. Both bedrooms are generously sized and offer ample closet space, with the primary bedroom featuring a 4-piece ensuite. The guest bedroom is conveniently located across the hall from a second full bathroom, and in-suite laundry. Varsity Towers offers an impressive selection of amenities, including a stunning main-floor atrium, indoor pool, hot tub, full fitness centre, and library. On the lower level, the lounge and games room is the perfect space for entertaining, complete with a pool table, shuffleboard, TV, and kitchenette. The outdoor amenities are equally impressive, with a beautifully landscaped courtyard, shared garden, and rooftop terrace featuring 360-degree panoramic views of the city, along with a community BBQ area. This unit includes two assigned parking stalls, with one underground, and one surface stall, plus a large, private, secure storage room conveniently located at the end of the underground parking stall. The location is hard to beat , with Market Mall within walking distance, and the University of Calgary, Foothills Medical Centre, and the Alberta Children’s Hospital just a short commute away. As mentioned, the condo fees include all utilities, with only cable and internet paid separately. With access to the building’s extensive amenities there is no need for a separate gym membership. This property offers a rare combination of space, convenience, amenities, parking, and location. It is an excellent opportunity to enjoy comfortable, low-maintenance living in one of NW Calgary’s most desirable areas.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,307 · tax $176 · strata $780 · 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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Rapid transit: Dalhousie CTrain station, 1.4 km (about 22 min walk); Brentwood CTrain station, 1.6 km (about 25 min walk).
$318,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $318,000 |
| 2025 | $330,000 |
| 2024 | $280,500 |
| 2023 | $238,500 |
| 2022 | $228,500 |
| 2021 | $239,000 |
| 2020 | $246,500 |
| 2019 | $264,000 |
From City of Calgary open data (property assessments), matched to 704 4603 VARSITY DR NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $2,115 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $2,114 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, 1.4 km (about 22 min walk); Brentwood CTrain station, 1.6 km (about 25 min walk).
Walkability 83/100 · Very walkable: most errands on foot
Within a 10 minute walk: 6 places to eat or drink, 1 cafe, 14 parks and playgrounds, 3 schools, 1 pharmacy, 22 transit stops.
mihom score from OpenStreetMap places, by straight line distance.