pillar/IMG-A2312671_1.jpg
20 days on Market

3932 University Ave #506, Calgary, Alberta T3B6P6

Condo
1
1
~497.02 sqft
$340,000
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Condo
1
1
~497.02 sqft

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Highlights

Property Estimate

Days on market20 days

Estimated valueNot available

Price/Sqft$684/sqft

Monthly cost

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Description

This 1-bed, 1-bath condo in the sought-after University District's ARGYLE building is a turnkey investment opportunity, currently tenanted with income in place from day one. With nearly 30,000 sqft of retail at your doorstep and just an 8-minute walk to the University of Calgary, the location is unbeatable. The unit features 9' ceilings, luxury vinyl plank flooring, quartz countertops, shaker-style cabinetry, soft-close drawers, LED lighting, roller shade window coverings, and a spacious in-unit laundry room. Enjoy a large balcony with a BBQ gas line, TITLED UNDERGROUND PARKING, an assigned storage locker, and roughed-in cooling. Argyle offers premium amenities including a gym, owners' lounge, meeting room, terrace, and community garden. Steps from Retail Main Street, Central Commons Park, and over 50 retailers such as Shoppers, Cobs Bread, Village Ice Cream, Cineplex, Save-On-Foods, and OEB Breakfast, this vibrant community is ideally positioned near the Foothills Hospital, Alberta Children's Hospital, and the University of Calgary — a strong fit for investors seeking a stabilized rental in a high-demand catchment. With easy access to major roads, Downtown, and Market Mall, this is a rare opportunity in a thriving location.


Property Details

StyleApartment-Single Level Unit
View-
Age of property2024
SqFt~497.02 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2312671
Community NameUniversity District
Data SourcePILLAR 9
Listing byEngel & Völkers Calgary

Features

Heating: Baseboard,Forced Air,Natural Gas
Cooling: Rough-In

Main Floor

Living Room

11`4" x 10`1"

Kitchen

13`5" x 6`0"

Bedroom - Primary

11`2" x 9`7"

Walk-In Closet

5`6" x 4`10"


Features

Patio: Balcony(s)
Balcony: Balcony(s)

Parking

Garage spaces 1

Garage type -

Other parking spaces 0

Total parking spaces 1


6Story
Amenities

Community Gardens, Elevator(s), Fitness Center, Party Room, Secured Parking, Trash

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by Engel & Völkers Calgary, Brokerage
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Market Data - University District

Geo Zone Map ThumbnailUniversity District

Balanced Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

56 days

Compared to

2025

40 days

2024

31 days

2023

130 days

New Listings

Past 30 days

12 listings

Compared to

2025

13 listings

2024

12 listings

2023

10 listings

Units sold

Past 30 days

7 units

Compared to

2025

6 units

2024

10 units

2023

2 units

Median Sold Price

Past 30 days

$350,000

Compared to

2025

$480,000

2024

$436,500

2023

$589,750


Population and Demographics

Overview

Total population 1426
Average household income $155,741

Age (%)

0 to 19
22%
20 to 34
25%
35 to 49
19%
50 to 64
14%
65 and plus
19%

Household composition (%)

Single family
56%
Single person
37%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
75%
Arabic
5%
Mandarin
4%
Others
3%
Spanish
3%
Yue (Cantonese)
2%
French
2%
Iranian Persian
1%
Urdu
1%

House tenancy (%)

Owners
53%
Renters
47%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget