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5122 48 Street NW
Varsity Calgary T3A 0S9

$725,000
Residential beds: 5 baths: 2.0 1,118 sq. ft. built: 1967

Main Photo: 5122 48 Street NW in Calgary: Varsity Detached for sale : MLS®# A2238851
Photo 1: 5122 48 Street NW in Calgary: Varsity Detached for sale : MLS®# A2238851
Photo 2: 5122 48 Street NW in Calgary: Varsity Detached for sale : MLS®# A2238851
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2238851
Bedrooms:
5
Bathrooms:
2
Year Built:
1967
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!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,118 sq. ft.
Main Level Finished Area:
1,118 sq. ft.
Below Grade Finished Area:
925 sq. ft.
Lot Area:
5,554 sq. ft.
Lot Frontage:
50'5½"
Front Exposure:
Northwest
Levels:
One
Total Rooms Above Grade:
6
Year built:
1967 (Age: 58)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
4308JK
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt
Ensuite:
No
Flooring:
Hardwood, Laminate
Cooling:
None
Fireplaces:
1
Fireplace Details:
Family Room, Gas
Garage:
Yes
Garage Spaces:
1
Parking:
Single Garage Detached
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Varsity
Dishwasher, Dryer, Electric Stove, Garage Control(s), Microwave Hood Fan, Refrigerator, Washer, Window Coverings
N/A
None Known
Floor
Type
Size
Other
Main Floor
Living Room
15'2" × 13'5"
Main Floor
Kitchen
13'5" × 8'8"
Main Floor
Dining Room
13'5" × 7'11"
Main Floor
Bedroom - Primary
13'5" × 9'11"
Main Floor
Bedroom
13'5" × 8'11"
Main Floor
Bedroom
9'11" × 8'9"
Basement
Family Room
25'6" × 12'8"
Basement
Kitchenette
13'2" × 9'8"
Basement
Bedroom
12'9" × 9'1"
Basement
Bedroom
12' × 9'1"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
0' x 0'
Basement
No
3
0' x 0'
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Granite Counters, Kitchen Island
Exterior Features:
None
Patio And Porch Features:
Front Porch, Patio
Lot Features:
Back Lane, Back Yard, Landscaped, Rectangular Lot, Treed
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
R-CG
Listed Date:
Jul 10, 2025
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Virtual Tour

Virtual Tour

Listed by Jessica Chan Real Estate & Management Inc.
Data was last updated August 10, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
44
Avg list price:
$542,200
Min list price:
$209,000
Max list price:
$2,499,000
Avg days on market:
39
Min days on market:
2
Max days on market:
121
Avg price per sq.ft.:
$461.7
These statistics are generated based on the current listing's property type and located in Varsity. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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. Used under license.