4828 Varsity Drive Nw, Calgary, Alberta T3A 1A3 New

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$1,275,000

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. (id:55577)

Property Features

  • MLS® Number A2310800
  • Price $1,275,000
  • Square Footage: 2996 sqft
  • Property Type: Multi-Family
  • Community Name: Varsity
  • Parking Space Total 6
  • Plan 3615jk

Buildings

Appliances Refrigerator, Dishwasher, Stove, Washer & Dryer Architectural Style Bi-level
Constructed Date 1967 Heating Fuel Natural Gas
Heating Type Forced Air Size Interior 2996 Sqft
Total Finished Area 2995.92 Sqft Type Multi-family

Land

Acreage No Size Depth 30.56 M
Size Frontage 21.34 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

Agents and Offices

  • Brittney MacMillan
  • Kevin MacMillan
  • Office: Royal LePage Mission Real Estate

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