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
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active
1/39
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**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!

**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!

  • Neighborhood
  • Type
  • Total Baths
  • County
    Calgary
  • Status
    Active
  • Listing #
    A2238851
  • Built
    1967
  • Lot Size
    0.13
  • Listed on site
    2 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: 2025-07-13 02:17:03
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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
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