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4824 Varsity Drive Nw Calgary, Alberta T3A 1A3

$1,375,000

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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. (id:37074)

Property Features

Style: Bi-Level

Property Details

MLS® Number A2310060
Property Type Multi-family
Neigbourhood Northwest Calgary
Community Name Varsity
Features Pvc Window
Parking Space Total 6
Plan 3615jk

Building

Appliances Refrigerator, Dishwasher, Stove, Washer & Dryer
Architectural Style Bi-level
Constructed Date 1967
Construction Material Wood Frame
Exterior Finish Brick, Stucco
Flooring Type Carpeted, Laminate, Linoleum, Vinyl
Foundation Type Poured Concrete
Size Interior 2,996 Ft2
Total Finished Area 2995.92 Sqft
Type Multi-family

Land

Acreage No
Size Depth 30.56 M
Size Frontage 21.35 M
Size Irregular 650.00
Size Total 650 M2|4,051 - 7,250 Sqft
Size Total Text 650 M2|4,051 - 7,250 Sqft
Zoning Description M-c1

When you contact Maverick Group, the best realtors in Airdrie, you will know that you are working with an agent and team who focuses on you and your needs. We will be with you every step of the way. From buying and selling to rental properties and relocation, we deliver results in the Airdrie real estate market and are ready to assist you with all of your real estate needs.

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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.

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