4824 Varsity Drive NW

Calgary, AB T3A 1A3

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 (2025), and new patio doors (2024). 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.

Listing courtesy of Brittney MacMillan of Royal LePage Mission Real Estate

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Last checked 2026-05-23 07:56 AM UTC