4 plex for sale at 4828 Varsity Drive NW in Varsity, Calgary

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4828 Varsity Drive NW
Varsity Calgary T3A 1A3

$1,275,000
Multi-Family 2,996 sq. ft. built: 1967

Main Photo: 4 plex for sale at 4828 Varsity Drive NW in Varsity, Calgary
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Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2310800
Year Built:
1967
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). One of the units has been tastefully renovated with updated kitchens, flooring, and bathrooms. Don’t miss out on your opportunity to own this turnkey revenue generating property.
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Home Style:
Bi-Level
Total Living Area:
2,995.92 sq. ft.
Main Level Finished Area:
748.98 sq. ft.
Lot Area:
6,996 sq. ft.
Lot Frontage:
70'¼"
Levels:
Bi-Level
Year built:
1967 (Age: 59)
Bathrooms:
- (Full:-, Half:-)
Plan:
3615JK
Heating:
Forced Air, Natural Gas
Structure Type:
Four Plex
Ensuite:
No
Garage:
No
Parking Places:
6
Parking Total/Covered:
6 / -
Northwest
Varsity
Electric Stove, Refrigerator, Dishwasher, Washer/Dryer
Refrigerators x4, Electric Stoves x4, Dishwasher x1, Washer x1, Dryer x1
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
M-C1
Listed Date:
May 22, 2026
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Listed by Royal LePage Mission Real Estate
Data was last updated May 27, 2026 at 04:05 PM (UTC)
Area Statistics
Listings on market:
44
Avg list price:
$2,900,000
Min list price:
$149,900
Max list price:
$17,250,000
Avg days on market:
51
Min days on market:
2
Max days on market:
329
Avg price per sq.ft.:
$540.17
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations. This data is not produced by the MLS® system.
SUKH GILL
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