4824 Varsity Drive Nw, Calgary

$1,375,000

0 Beds
0 Baths
2,996 Sqft
.16 Acres
0 Garages

Located in the highly sought-after community of Varsity, this well-maintained revenue-generating 4-plex presents an exceptional investment opportunity. Ideally situated with quick access to Market Mall, the University of Calgary, Foothills Medical Centre, Alberta Children’s Hospital, and public transportation, this property offers strong long-term tenant appeal and consistent income potential. Each of the four units features a functional and spacious layout with three bedrooms, two bathrooms, and approximately 750 sq. ft. of above-grade living space, plus a fully developed basement. The complex also offers six outdoor parking stalls for added tenant convenience. Significant capital improvements have already been completed, including updated furnaces (2008), Hot water tanks as needed (2013-2024), new Torch-on Roof (2013), new windows in (2024), and new patio doors (2025). Three of the four units have been tastefully renovated with updated kitchens, flooring, and bathrooms, making this a turnkey opportunity with strong upside and excellent future potential.

Essential Information
MLS® #A2310060
Price$1,375,000
Square Footage2,996
Acres0.16
Year Built1967
TypeMulti-Family
Sub-Type4 plex
StyleAttached-Up/Down, Bi-Level
StatusActive
Community Information
Address4824 Varsity Drive Nw
SubdivisionVarsity
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT3A 1A3
Amenities
UtilitiesElectricity Paid For
Parking Spaces6
Interior
Interior FeaturesVinyl Windows
FireplacesNone
Appliances

Dishwasher, Electric Stove, Refrigerator, Washer/Dryer

Exterior
RoofFlat Torch Membrane
ConstructionBrick, Stucco, Wood Frame
FoundationPoured Concrete
Additional Information
ZoningM-C1
Office

Royal LePage Mission Real Estate

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