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Renanza Realty
Calgary · Neighbourhood

Varsity Real Estate

Explore homes and condos for sale in Varsity, one of Calgary's neighbourhoods. Live MLS® listings, updated continuously, plus a direct line to a Renanza agent who knows the area.

Market snapshot

The Varsity market right now

Varsity currently has 47 active listings. Most homes for sale are priced between $246K and $1.29M, with a median around $660K. Detached houses make up the largest share of the market.

47
Active listings
47
For sale
$660K
Median list price
$246K–$1.29M
Typical range
$475
Median price / sq ft
25
Median days listed
11
New in last 7 days
1978
Median year built

Varsity prices by bedrooms

BedroomsActive listingsMedian asking price
16$295K
213$290K
38$594K
4+20$925K

Figures reflect current active MLS® listings and update as the market moves.

Neighbourhood guide

Living in Varsity

Varsity is an established, well-regarded northwest community on a plateau above the Bow River, next to the University of Calgary and Market Mall. It mixes single-family homes with condominiums and apartments.

Location & boundaries

It sits in the northwest, bounded by Crowchild Trail to the north and east, the Bow River to the west and 32nd Avenue NW to the south, and it comprises Varsity Acres, Varsity Village and Varsity Estates.

History

The community was developed through the 1960s and early 1970s, with Varsity Village notable for its Radburn-style plan of cul-de-sacs and pedestrian pathways.

Lifestyle

It is a mature community mixing families, professionals and students, with river-valley pathways and green space.

Housing & property types

Housing is a mix of single-detached homes on wide lots plus a significant share of condominiums and apartments, some near Market Mall.

Shopping & dining

Market Mall, one of Calgary's major regional shopping centres, anchors the community.

Parks & recreation

Bowmont Park along the Bow River offers natural pathways and escarpment trails, and Nose Hill Park is nearby to the east.

Schools

Schools include F.E. Osborne School, Marion Carson School and Jerry Potts School under the Calgary Board of Education, plus St. Vincent de Paul School under the Calgary Catholic School District, and the University of Calgary adjoins to the south.

Getting around

Calgary Transit bus service and the Dalhousie and University CTrain stations on the Red Line serve the area, with major road access via Crowchild Trail and Shaganappi Trail.

Attractions & landmarks

The community is adjacent to the University of Calgary and close to the Foothills Medical Centre.

Who it may suit

It may suit families, professionals and university-affiliated residents wanting an established community near campus and shopping.

Nearby neighbourhoods

Sources: en.wikipedia.org

Neighbourhood snapshot — Calgary

Statistics Canada, 2021 Census of Population for Calgary, City (CY), Alberta. These figures describe the city as a whole, not this specific address — useful context, not a substitute for local knowledge. View source

Population

1,306,784

Total population

+5.5%

Growth since 2016

38

Median age

Income

$98,000

Median household income

Household

2.6

Avg. household size

26.4%

Live alone

62.5%

Families w/ kids

Housing

68.8%

Owned

31.2%

Rented

$456,000

Median dwelling value

Single-detached house55.0%
Apartment28.6%
Row house / townhouse9.7%
Other6.7%

Education

Highest credential, ages 25–64

Bachelor's degree or higher42.9%
Trades or college diploma28.1%
High school diploma21.4%
No certificate, diploma or degree7.6%

Commute

How residents get to work

Car, truck or van83.2%
Public transit8.8%
Walked4.2%
Bicycle0.9%
Other2.9%

Languages

Mother tongue, top responses

English64.1%
Punjabi3.4%
Tagalog3.2%
Cantonese2.5%
French1.2%

Buying a home in Varsity

In Alberta, ask the seller for a current Real Property Report (RPR) with the municipality's compliance stamp — it confirms the house, garage and fences sit where they should. A home inspection and a review of the title for caveats round out the standard conditions.

Alberta has no land transfer tax — buyers pay land titles registration fees instead, which makes closing costs noticeably lower than in BC or Ontario. See our BC & Alberta closing costs checklist.

Common questions

Frequently asked

If yours isn't here, ask us directly — we'd rather answer it now.

How much does a home cost in Varsity?

The median asking price for homes currently for sale in Varsity is about $660,000, and most are listed between $246,000 and $1,292,000. These figures come from active MLS® listings and move with the market.

How many homes are for sale in Varsity right now?

There are 47 active listings on this page's search, 11 of them new in the last 7 days. Listings are updated continuously from the MLS®.

How much is a 3-bedroom home in Varsity?

Median asking prices by bedroom count in Varsity right now — 1 bedroom: about $295,000; 2 bedrooms: about $290,000; 3 bedrooms: about $594,000; 4+ bedrooms: about $925,000. Based on 47 active listings.

What is the price per square foot for homes in Varsity?

The median asking price per square foot of living area is about $475 across homes currently listed in Varsity. Location, age and building type move this a lot, so compare within a neighbourhood.

How long have homes in Varsity been on the market?

The typical active listing here first came on the market about 25 days ago. That's days listed so far, not time to sell, but a long figure usually signals more room to negotiate.

Can non-Canadians buy a home in Varsity?

Generally not right now. Since January 1, 2023, the federal Prohibition on the Purchase of Residential Property by Non-Canadians Act has barred most non-Canadians from buying residential property, with exceptions such as permanent residents and some work-permit holders. The ban has been extended before, so confirm its current status and get legal advice on your situation.

Thinking about Varsity?

Tell us what you're after in Varsity and we'll send matching listings the moment they hit the market.