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1 day on Market

5122 48 St, Calgary, Alberta T3A 0S9

Detached
3 + 2
2
~1118.00 sqft
$739,999
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Detached
3 + 2
2
~1118.00 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$661/sqft

Monthly cost

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Description

**OPEN HOUSE THIS Sat Jul 12 at 2-4PM** Fantastic Investment Opportunity in Sought-After Varsity! Opportunity knocks in Varsity! A timeless NW gem known for its top schools, green spaces and unbeatable convenience! This Charming 5-Bedroom, 2-Bath Bungalow offers over 2,000 sqft of developed living space in one of Calgary’s most desirable communities. Whether seeking a solid investment property or a flexible home with income potential, this versatile bungalow fits the bill. The main floor features 3 bedrooms, a full 4-piece bath, a spacious Living room, and a Kitchen with a center island, granite countertops, and an eating bar, perfect for family meals or entertaining. The fully finished basement has a separate entrance, 2 additional bedrooms, a 3-piece bath, and a generous living area, ideal for tenants, guests, or extended family. Outside, enjoy a landscaped and fenced backyard with back lane access and a concrete pad that can accommodate an RV if needed, along with mature trees, a single detached garage, and a cozy front porch to enjoy while sipping your morning coffee. Located in Varsity, you're minutes from the University of Calgary, shopping, transit, and top-rated schools, making this an excellent choice for both homeowners and investors. Live upstairs and rent the basement, or rent both levels for strong cash flow potential. This is an unbeatable location with serious upside. Don’t miss your chance to own in Varsity, this opportunity won’t last!


Upcoming Open House

Jul 12Sat2:00 PM - 4:00 PM

Property Details

StyleBungalow
View-
Age of property1967
SqFt~1118.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2238851
Community NameVarsity
Data SourcePILLAR 9
Listing byJessica Chan Real Estate & Management Inc.

Features

Heating: Forced Air,Natural Gas
Basement: Separate/Exterior Entry,Finished,Full

Main Floor

Living Room

15`2" x 13`5"

Kitchen

13`5" x 8`8"

Dining Room

13`5" x 7`11"

Bedroom - Primary

13`5" x 9`11"


Features

Patio: Front Porch,Patio

Parking

Garage spaces 1

Garage type -

Other parking spaces 1

Total parking spaces 2


Property History

Jul 10, 2025
ListedActive
$739,999
1 day on market
history photo preview39
Listing by pillar 9®
Property listed by Jessica Chan Real Estate & Management Inc., Brokerage
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Market Data - Varsity

Geo Zone Map ThumbnailVarsity

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

47 days

Compared to

2024

23 days

2023

19 days

2022

0 day

New Listings

Past 30 days

17 listings

Compared to

2024

13 listings

2023

19 listings

2022

4 listings

Units sold

Past 30 days

9 units

Compared to

2024

16 units

2023

13 units

2022

0 unit

Median Sold Price

Past 30 days

$1,350,000

Compared to

2024

$1,137,500

2023

$970,000


Population and Demographics

Overview

Total population 12685
Average household income $166,715

Age (%)

0 to 19
19%
20 to 34
23%
35 to 49
18%
50 to 64
17%
65 and plus
23%

Household composition (%)

Single family
57%
Single person
34%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
77%
Mandarin
5%
Yue (Cantonese)
4%
Others
3%
Spanish
2%
Iranian Persian
2%
Arabic
2%
French
2%
German
1%

House tenancy (%)

Owners
61%
Renters
39%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget