Dobey Realty

Calgary real estate market update

Varsity Homes for Sale & Community Guide

Varsity is an established northwest Calgary community next to the University of Calgary and Market Mall, with CTrain stations close by and Bowmont Park along the river.

$859,500

Detached Benchmark Price*

57

Homes for Sale Now

32

Median Days Listed

*CREB® detached benchmark price for Varsity, as of October 2026. Homes for sale and days listed come from my live MLS® listings and update through the day.

Homes for Sale

Varsity Homes for Sale

Every home currently for sale in Varsity, pulled live from the MLS® System and updated throughout the day.

57Homes for sale
$439,900Median list price
$185k–$2.73MPrice range
33Median days listed
9New this week
New
4116 40 Avenue NW, Calgary
$699,900
4116 40 Avenue NW
4 bedrooms2 full and 1 half bathroom1,756 square feet
House
Listed by Royal LePage Benchmark
New
4220 40 Street NW, Calgary
$735,000
4220 40 Street NW
4 bedrooms2 full and 1 half bathroom1,301 square feet
House
Listed by Coldwell Banker Mountain Central
4731 Vanguard Place NW, Calgary
$799,999
4731 Vanguard Place NW
3 bedrooms3 bathrooms1,091 square feet
House
Listed by Real Broker
1216 Varsity Estates Drive NW, Calgary
$1,788,000
1216 Varsity Estates Drive NW
5 bedrooms3 full and 1 half bathroom2,802 square feet
House
Listed by RE/MAX First
4815 Verona Drive NW, Calgary
$658,800
4815 Verona Drive NW
4 bedrooms2 bathrooms1,059 square feet
House
Listed by Grand Realty
Open House Today
36 Varsity Estates Court NW, Calgary
$1,000,000
36 Varsity Estates Court NW
5 bedrooms3 full and 1 half bathroom2,005 square feet
House
Listed by CIR Realty
8 Varsdale Place NW, Calgary
$888,000
8 Varsdale Place NW
4 bedrooms2 full and 1 half bathroom1,853 square feet
House
Listed by Grand Realty
5212 Valiant Drive NW, Calgary
$784,900
5212 Valiant Drive NW
4 bedrooms2 full and 1 half bathroom1,205 square feet
House
Listed by One Percent Realty
4808 Valiant Drive NW, Calgary
$800,000
4808 Valiant Drive NW
3 bedrooms2 full and 1 half bathroom1,160 square feet
House
Listed by RE/MAX Real Estate (Mountain View)
4831 48 Street NW, Calgary
$660,000
4831 48 Street NW
5 bedrooms2 full and 1 half bathroom1,059 square feet
House
Listed by The Real Estate District
1215 Varsity Estates Drive NW, Calgary
$1,900,000
1215 Varsity Estates Drive NW
5 bedrooms3 full and 1 half bathroom2,783 square feet
House
Listed by Real Broker
Has a suite
4620 Voyageur Drive NW, Calgary
$919,900
4620 Voyageur Drive NW
5 bedrooms2 full and 1 half bathroom1,227 square feet
House
Listed by Royal LePage Mission Real Estate
View all 21 houses in Varsity → Sorted newest first. Use the filters above to narrow by beds, baths or price.

Get new Varsity listings by email

I’ll email you when a new home comes up for sale in Varsity, usually the same day it’s listed.

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Life in Varsity

Varsity sits on a plateau above the Bow River in northwest Calgary, bounded by Crowchild Trail, 32 Avenue NW and the river. It was built in the 1960s and early 1970s and has three distinct parts: Varsity Acres, the oldest, with a street grid and back lanes; Varsity Village, with cul-de-sacs, pathways and most of the townhouses and condos; and Varsity Estates, mostly larger detached homes next to Bowmont Park.

The University of Calgary campus and Research Park are on its southern and eastern edges, Market Mall is in the community, and the Brentwood and Dalhousie CTrain stations are close by along Crowchild Trail.

Who Tends to Love It Here

Varsity tends to suit university staff and students, families who want established schools and a mall nearby, downsizers looking at its condos and bungalows, and investors renting to students.

Also close by: Bowness across the river and Kensington toward downtown. Compare northwest communities in the Northwest Calgary guide.

Is Varsity Right for You?

What People Love

  • Walk to the University of Calgary and Market Mall
  • CTrain stations close by along Crowchild Trail
  • Bowmont Park and the Bow River escarpment
  • A wide range, from condos to estate homes in Varsity Estates

The Trade-offs

  • Many homes are original 1960s and 1970s builds that need updating
  • Crowchild Trail traffic and noise near the edges
  • Rental demand near the university means more turnover on some streets

Who Lives in Varsity

About 12,040 people lived in Varsity at the 2021 Census. 14% of residents were kids under 15 (18% citywide), and 24% were 65 or older (13% citywide).

The median household earned $90,000 before tax, against $98,000 for Calgary as a whole. 62% of households owned their home (69% citywide). 45% of homes were single-detached houses and 39% were apartments.

Source: City of Calgary Community Profiles, Varsity (2021 Census of Canada); Wikipedia (Varsity, Calgary).

Around the Neighbourhood

What’s in and around Varsity

Schools, groceries, parks and other everyday places in Varsity and just outside it. Tap a place to open it in Google Maps.

School catchments change every year, so confirm the designated school with the CBE or Calgary Catholic School District. Distances are straight-line from the edge of Varsity.

Places from OpenStreetMap contributors.

Community Calendar

Upcoming Events in and near Varsity

Community association and City of Calgary events coming up in Varsity and close by. Updated daily.

See all Calgary community events · Running an event here? Send me the details and I’ll add it.

Varsity Real Estate Market

The benchmark prices below are CREB®’s own community-level figures for Varsity wherever CREB® publishes one; any home type without enough sales this month uses the North West district instead, and months of supply and the sales-to-new-listings ratio are district figures. These are CREB®’s published figures, not my estimates. If you want to know what homes on a particular street have actually sold for, ask me and I’ll pull the recent sales.

Source: CREB® October 2026 monthly stats package (Varsity community benchmarks, plus North West district supply figures). These numbers update every month, so reach out if you want the latest or a custom Varsity market report. You can compare it to Calgary’s other neighbourhoods in my community guide, or start browsing homes on the Buy page.

Metric (source, period)Figure
Detached benchmark price (CREB® Varsity, October 2026)$859,500 (−0.66% year-to-date vs. last year)
Row/townhouse benchmark price (CREB® Varsity, October 2026)$479,300 (−4.32% year-to-date vs. last year)
Semi-detached benchmark price (CREB® North West district, October 2026)$676,200 (+0.77% year-over-year)
Apartment/condo benchmark price (CREB® North West district, October 2026)$273,900 (−8.85% year-over-year)
Months of supply, detached (North West district, October 2026)2.96 months
Sales-to-new-listings ratio, detached (North West district, October 2026)63.64%

Varsity market snapshot

From 57 homes for sale today
Median asking price$440K
Average asking price$598K
Median price per sq ft$418
Typical days on market33
New this week9
Price drops, last 30 days17
Home typeFor saleMedian pricePer sq ft
Condos24$258K$295
Houses21$850K$638
Townhouses9$380K$363
Semi-detached / duplex3$620K$430

Asking prices of homes listed for sale on the MLS® System, not sold prices. Updated Nov 8, 2:43 am. Want sold prices for this area? Ask me.

Frequently Asked Questions About Varsity

Have a question that isn’t here? Ask me and I’ll get back to you, usually the same day.

Varsity Acres is the oldest part, with a street grid and back lanes. Varsity Village has cul-de-sacs, pathways and most of the townhouses and condos. Varsity Estates is mostly larger detached homes next to Bowmont Park.

CREB®’s October 2026 benchmarks are $859,500 for detached homes (Varsity) and $273,900 for apartment condos (North West district). Where CREB® doesn’t publish a Varsity-only figure, I’ve used the district benchmark. I’m happy to pull recent sales for the homes you’re looking at.

In October 2026, detached homes in the North West district had 2.96 months of supply and a 63.64% sales-to-new-listings ratio (CREB®). As a rough guide, under about 3 months of supply favours sellers, 3 to 4 months is balanced, and over about 4 months starts to favour buyers. Townhomes and condos can behave differently, so ask me for the numbers on the type of home you want.

It’s one of the closest communities to campus, with Market Mall and CTrain stations nearby, which is why many staff, students and investors look here.

The Red Line runs along Crowchild Trail, with the Brentwood and Dalhousie stations close to the community.

You’ll find the closest schools, with distances, in the What’s Nearby section above. Designated schools can change from year to year, so check the address with the CBE or the Calgary Catholic School District before you buy.

Thinking About a Move to Varsity?