5122 48 Street NW Calgary, AB T3A 0S9

$739,999
5
Beds
2
Baths
0.13
Acres
1,118
SQFT
662
$/SQFT
$739,999
5
Beds
2
Baths
1,118   sf
$662 / sf
Favorite

active
1/39
virtual tour iconVirtual Tour
Street View

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!

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!

  • Neighborhood
  • Type
  • Total Baths
  • County
    Calgary
  • Status
    Active
  • Listing #
    A2238851
  • Built
    1967
  • Lot Size
    0.13
  • Listed on site
    26 days
  • Listing Brokerage
    Jessica Chan Real Estate & Management Inc.

Listed by:

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. Last updated: 2025-08-01 12:02:22
Click for Map
Smart Commute Planner
Add a destination

Property details

Community Features

  • No HOA

Exterior features

  • Has garage
  • Garage Detached
  • No Pool

Interior Features

  • Basement Finished
  • Basement Full

Style

  • Bungalow
  • One Story
  • Ranch / One Story
Favorite

Tour This Home

Wed
06Aug
Thu
07Aug
Fri
08Aug
Sat
09Aug
Sun
10Aug
Mon
11Aug
Tue
12Aug
Wed
13Aug
Thu
14Aug
Fri
15Aug
Sat
16Aug
Sun
17Aug
Mon
18Aug
Tue
19Aug
in Person
via Video Call