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    Calgary 5122 48 Street NW in Calgary: Varsity Detached for sale : MLS®# A2238851

    5122 48 Street NW in Calgary: Varsity Detached for sale : MLS®# A2238851

    Varsity best areas of Calgary to live in

    Varsity is one of the Best Areas of Calgary to Live in!

    I love CalgaryVarsity is a popular northwest community in Calgary to live in, so much in fact that it has been named as the #1 Calgary Neighbourhood by Avenue Magazine in 2012!

    Built in the 60’s and 70’s on a plateau north of the Bow River valley, Varsity’s location gives residents quick access to some amazing outdoor recreational areas such as Bowmont Park and also provides many of its ridge homes with fantastic views.

    But that’s not all that makes this neighbourhood one of the best areas of Calgary to live in. Varsity also has ample access to a plethora of nearby amenities including Northland Mall, Market Mall and even has its own central strip mall with names like Peking Garden, Planet Organic and Matador’s Pizza & Steakhouse.

    Almost all residences in Varsity are single-family homes built on wide lots. Over the years many home owners have chosen to renovate their homes to some degree, while others have completely redeveloped theirs.

    Location

    [mappress mapid=”55″]

     

    Varsity Amenities

    Varsity Playground Park Calgary

    Playground and Park in Varsity

    One of the best things about Varsity is how much variety of amenities and services are found very close to the neighbourhood.

    Not only do residents have to drive only a few minutes to reach Market Mall and Northland Mall, but they also have a very useful central shopping centre located on Shaganappi Trail with a gas station, organic grocery store, professional health building, coffee shop, restaurants, various retailers and more.

    For those who might not drive, Varsity is a perfect community to live in, with several bus stops throughout the neighbourhood and various routes going every which way.

    Brentwood LRT and bus station is only a 5 to 35 minute walk depending on where in Varsity, although there are bus routes that shorten this time considerably.

    And let’s not forget about the tons of parks and interconnecting pathways in the community. Even a walk to the Bow River is no more than a half hour and it’s easy to get there by following the pathway system!

    With all that has been said and more, it’s no wonder Varsity is one of the best areas of Calgary to live in where many families tend to stay for the long term.

    Varsity Schools

    Another undeniably attractive feature of Varsity is that many of its schools are located within the community itself. They are part of the relaxing, family oriented ambiance Varsity is known for!

    • Public Elementary – Marion Carson – 5225 Varsity Drive NW – 403-777-6050
    • Public Junior High – F.E. Osborne – 5315 Varsity Drive NW – 403-777-7540
    • Public Senior High – Sir Winston Churchill – 5220 Northland Drive NW – 403-289-9241
    • French Immersion Elementary – Varsity Acres – 4255 40th Street NW – 403-777-6090
    • French Immersion Junior High – Branton – 2103 20th Street NW – 403-777-7440
    • French Immersion Senior High – William Aberhart – 3009 Morley Trail NW – 403-289-2551

    Varsity Demographics

    If you are thinking of moving to Varsity, it’s always a good idea to know some of the community demographics. Below are some of the most relevant statistics from the latest government censuses.

    • Ages 24 and under – 29.1% (2011)
    • Ages 25 to 54 – 39% (2011)
    • Ages 55 and over – 31.8% (2011)
    • Average household income – $65,229 (2005)
    • Population with high school diploma or higher – 88.3% (2006)
    • Residents who own their property – 67.8% (2006)
    • Residents who rent their property – 32.1% (2006)

    Looking for more of the best Calgary communities? See them at the Best Areas of Calgary to Live In!

    Questions about Varsity?

    Calgary Real Estate guide and Remax RealtorIf you have any questions about this community and its homes, please call me at 403-370-4180 or message me below and I will get back to you within the hour. Thanks, and hope to chat with you soon!

    Search Varsity MLS Homes for Sale

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    NEXT Open House details
    Jul 12, 2025 02:00 PM - 04:00 PM MDT

    5122 48 Street NW
    Varsity Calgary T3A 0S9

    $739,999
    Residential beds: 5 baths: 2.0 1,118 sq. ft. built: 1967

    Main Photo: 5122 48 Street NW in Calgary: Varsity Detached for sale : MLS®# A2238851
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    Open House - Jul 12, 2025
    02:00 PM - 04:00 PM MDT
    NOTES: Open House on Saturday, July 12, 2025 2:00PM - 4:00PM
    Status:
    Active
    Prop. Type:
    Residential
    MLS® Num:
    A2238851
    Bedrooms:
    5
    Bathrooms:
    2
    Year Built:
    1967
    **OPEN HOUSE THIS Sat Jul 12 at 2-4PM** Fantastic Investment Opportunity in Sought-After Varsity! Opportunity knocks in Varsity! A timeless NW gem known for its top schools, green spaces and unbeatable convenience! This Charming 5-Bedroom, 2-Bath Bungalow offers over 2,000 sqft of developed living space in one of Calgary’s most desirable communities. Whether seeking a solid investment property or a flexible home with income potential, this versatile bungalow fits the bill. The main floor features 3 bedrooms, a full 4-piece bath, a spacious Living room, and a Kitchen with a center island, granite countertops, and an eating bar, perfect for family meals or entertaining. The fully finished basement has a separate entrance, 2 additional bedrooms, a 3-piece bath, and a generous living area, ideal for tenants, guests, or extended family. Outside, enjoy a landscaped and fenced backyard with back lane access and a concrete pad that can accommodate an RV if needed, along with mature trees, a single detached garage, and a cozy front porch to enjoy while sipping your morning coffee. Located in Varsity, you're minutes from the University of Calgary, shopping, transit, and top-rated schools, making this an excellent choice for both homeowners and investors. Live upstairs and rent the basement, or rent both levels for strong cash flow potential. This is an unbeatable location with serious upside. Don’t miss your chance to own in Varsity, this opportunity won’t last!
    Property Type:
    Residential
    Property Sub Type:
    Detached
    Condo Type:
    Not a Condo
    Transaction Type:
    For Sale
    Possession:
    Possession Date:
    Suite:
    No
    Home Style:
    Bungalow
    Total Living Area:
    1,118 sq. ft.
    Main Level Finished Area:
    1,118 sq. ft.
    Lower Level Finished Area:
    Above Grade Finished Area:
    Below Grade Finished Area:
    925 sq. ft.
    Taxes:
    Tax Assessed Value:
    HOA Fee Includes:
    Lot Area:
    5,554 sq. ft.
    Lot Frontage:
    50'5½"
    Acres Cleared:
    Acres Cultivated:
    Acres Irrigated:
    Acres Leasehold:
    Acres Not Cultivated:
    Acres Freehold:
    Acres Seeded:
    Acres Tame Hay:
    Acres Treed:
    Acres Waste:
    Acres Water Rights:
    Front Exposure:
    Northwest
    Reg. Size:
    Reg. Size Includes:
    Levels:
    One
    Total Rooms Above Grade:
    6
    Year built:
    1967 (Age: 58)
    Bedrooms:
    5 (Above Grd: 3)
    Bedrooms Above Grade:
    3
    Bedrooms Below Grade:
    2
    Bathrooms:
    2.0 (Full:2, Half:0)
    Plan:
    4308JK
    Heating:
    Forced Air, Natural Gas
    Basement:
    Separate/Exterior Entry, Finished, Full
    Foundation:
    Poured Concrete
    New Constr.:
    No
    Construction Material:
    Brick, Stucco, Wood Frame
    Structure Type:
    House
    Roof:
    Asphalt
    Ensuite:
    No
    Flooring:
    Hardwood, Laminate
    Cooling:
    None
    Fireplaces:
    1
    Fireplace Details:
    Family Room, Gas
    Garage:
    1
    Garage Spaces:
    1
    Parking:
    Single Garage Detached
    Parking Places:
    2
    Parking Total/Covered:
    2 / -
    Laundry Features:
    In Basement
    Varsity
    Dishwasher, Dryer, Electric Stove, Garage Control(s), Microwave Hood Fan, Refrigerator, Washer, Window Coverings
    N/A
    None Known
    Floor
    Type
    Size
    Other
    Main Floor
    Living Room
    15'2" × 13'5"
    Main Floor
    Kitchen
    13'5" × 8'8"
    Main Floor
    Dining Room
    13'5" × 7'11"
    Main Floor
    Bedroom - Primary
    13'5" × 9'11"
    Main Floor
    Bedroom
    13'5" × 8'11"
    Main Floor
    Bedroom
    9'11" × 8'9"
    Basement
    Family Room
    25'6" × 12'8"
    Basement
    Kitchenette
    13'2" × 9'8"
    Basement
    Bedroom
    12'9" × 9'1"
    Basement
    Bedroom
    12' × 9'1"
    Floor
    Ensuite
    Pieces
    Other
    Main Floor
    No
    4
    0' x 0'
    Basement
    No
    3
    0' x 0'
    Title to Land:
    Fee Simple
    Community Features:
    Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
    Interior Features:
    Granite Counters, Kitchen Island
    Exterior Features:
    None
    Patio And Porch Features:
    Front Porch, Patio
    Lot Features:
    Back Lane, Back Yard, Landscaped, Rectangular Lot, Treed
    Num. of Parcels:
    0
    Fencing:
    Fenced
    Region:
    Calgary
    Zone:
    CAL Zone NW
    Zoning:
    R-CG
    Listed Date:
    Jul 10, 2025
    Days on Mkt:
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    Listed by Jessica Chan Real Estate & Management Inc.
    Data was last updated July 11, 2025 at 04:05 AM (UTC)
    Area Statistics
    Listings on market:
    45
    Avg list price:
    $499,900
    Min list price:
    $209,000
    Max list price:
    $1,749,900
    Avg days on market:
    33
    Min days on market:
    1
    Max days on market:
    149
    Avg price per sq.ft.:
    $494.87
    These statistics are generated based on the current listing's property type and located in Varsity. Average values are derived using median calculations. This data is not produced by the MLS® system.
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