2-BEDROOM BASEMENT LEGAL SUITE | NEW DECK | NEW PAINT | NEW FLOORS | OVER 2,300 SQ. FT. DEVELOPED LIVING SPACE | OUTSTANDING VALUE Welcome to Varsity! This well-located property offers 5 bedrooms, 2.5 bathrooms, and over 2,200 sq. ft. of developed living space, making it an excellent opportunity for homeowners, investors, or those looking for additional rental income. The main floor features 3 bedrooms and 1.5 bathrooms, including a convenient 2-piece ensuite in the primary bedroom. The lower level offers a renovated 2-bedroom basement legal suite, with its own separate laundry, full bathroom, stainless steel appliances, and a spacious open-concept living area. Previous rents were $2,600 for the main level and $2,200 for the basement legal suite, providing strong income potential. Enjoy a large backyard with prime lot with fruit trees and a fantastic Varsity location close to parks, schools, shopping, and public transit. Priced well below the City of Calgary assessed value—don’t miss this opportunity! Call today to book your private showing.
Essential information
MLS® number
A2343927
Status
Active
Price
$729,500
Property type
Residential
Type
Detached
Transaction
For Sale
Restrictions
None Known
Bedrooms
6
Bathrooms
2 full, 1 half
Living area
1,439 sq ft
Lot size
6,372 sq ft
Year built
1967
Structure
House
Style
Bungalow
Levels
One
Listing brokerage
Royal LePage Blue Sky
Source
Pillar 9™ MLS® System
Interior
Heating
Forced Air, Natural Gas
Flooring
Hardwood, Laminate, Tile
Appliances
Dryer, Microwave, Refrigerator, Stove(s), Washer
Features
Ceiling Fan(s), Closet Organizers, See Remarks
Fireplaces
0
Laundry
In Basement
Basement
Full
Basement development
Finished
Included
Refrigerator, stove, microwave, washer, dryer
Exterior and construction
Features
Garden, Private Entrance
Construction
Brick, Vinyl Siding, Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete
Lot features
Few Trees, Private, Rectangular Lot
Frontage
17.72M 58`2"
Zoning
R-C1
Parking
Total parking
4
Garage spaces
2
Features
Carport
Community
City
Calgary
Province
AB
Postal code
T3A 0V6
Features
Golf, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Where it is
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Approximate location, plotted from the listing’s own coordinates.
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46 photos$660,0004831 48 Street NW, Calgary
