4831 48 Street NW, Varsity, Calgary

← Back to all Calgary listings
$660,000
$623 per sq ft (asking)
4831 48 Street NW, Calgary T3A 0S5
Varsity
NewMLS® A2347988· New listing
3
Bedrooms
3
Bathrooms
1,059
Sq ft
1966
Year built
$4,748
Property tax (2026)
2
Garage
5,608
Lot sq ft
CalgaryListings Insight
4831 48 Street NW is a 3-bedroom home in the community of Varsity, built in 1966, offering 3.5 bathrooms and 1,059 sq ft of living space above grade. Standout details include a fully finished basement, a double garage, and hardwood flooring. Before writing, ask about recent comparable sales, inspection items, permits, basement development, and long-term resale fit. This one is new to market, so showing access and offer timing may matter. MLS® A2347988.

Want to see this home?

Tour this home in person with a CalgaryListings REALTOR® and get straight answers before you decide.

A REALTOR® from our team replies, not a call centre. No obligation.

Ask a Question About This ListingCalgary Listings Group · eXp Realty
Homeowners · Free & InstantThinking of selling?Curious what your own home could be worth? Get an instant, no-obligation estimate based on current market data.
Get an Instant Home Evaluation →

About this property

Welcome to this 1966 character bungalow in Varsity, one of Calgary's most established and sought-after family neighbourhoods. With 6 bedrooms and 2 bathrooms, this home has room for a large family, multigenerational living, or work-from-home flexibility. Real hardwood floors and the timeless bungalow layout give it the warmth of mid-century character, and the mature tree-lined streets Varsity is known for are right outside your door. The oversized double detached garage has a brand-new roof and back alley access, so you get room for vehicles, a workshop, and storage. Families will love the school options nearby, including Marion Carson School, Varsity Acres School (French Immersion), St. Vincent de Paul Elementary & Junior High, F.E. Osborne Junior High, and Sir Winston Churchill High School. The University of Calgary, Market Mall, Foothills Medical Centre, Alberta Children's Hospital, and Bow River pathways are all minutes away. Varsity's strong community spirit, pride of ownership, and long-standing reputation make it a prestigious address for families who want a real neighbourhood. A rare opportunity to secure a spacious character home in a premier location. Book your showing today!
Property Taxes
$4,748/yr (2026)

Listing Information

MLS® NumberA2347988
StatusActive
List Price$660, 000
Days on MarketNew listing
OccupancyVacant

Property Details

Property TypeDetached
Architectural StyleBungalow
ZoningR-CG
Above-Grade Sq Ft1, 059 sq ft
Year Built1966
Bedrooms3
Full Bathrooms3
Half Bathrooms1
Total Bathrooms3.5

Interior

BasementFull, Finished, None
FlooringCarpet, Hardwood, Linoleum, Tile
Fireplaces0
HeatingForced Air
Air ConditioningNone
Central VacuumYes

Exterior & Parking

ExteriorStone, Stucco, Vinyl Siding
RoofAsphalt Shingle
FoundationPoured Concrete
Garage Spaces2
Total Parking2
Patio / DeckDeck, Enclosed

Site & Lot

Lot Size5, 608 sq ft
Lot Acres0.13 acres
Lot Width51.15
Lot FeaturesBack Lane, Back Yard, Few Trees, Front Yard, Rectangular Lot
Legal Description3615JK;21;52

Inclusions

Dishwasher,Dryer,Electric Stove,Range Hood,Refrigerator,Washer

Room Dimensions

Main Level
Living Room13`5" × 14`1"
Dining Room9`11" × 9`1"
Kitchen13`5" × 12`0"
Bedroom9`11" × 8`10"
Bedroom13`5" × 8`11"
4pc Bathroom8`8" × 4`11"
Bedroom - Primary13`6" × 12`0"
2pc Ensuite bath4`5" × 5`0"
Basement Level
Furnace/Utility Room13`11" × 13`3"
4pc Bathroom5`0" × 7`10"
Bedroom9`7" × 10`6"
Flex Space7`11" × 16`3"
Bedroom13`4" × 11`4"
Game Room19`11" × 11`2"

Property History

No previous MLS® listings on record for this property — this appears to be its first time offered. Want to know how often homes nearby change hands? Ask our team.

What did similar homes here actually sell for?

CalgaryListings Group clients see recent sold prices and sale-to-list ratios for homes just like this one — plus smart matches and one-tap showing requests. Free with your client portal account.

Where this price sits in Varsity

Asking $660,000. That is about 25% below the $881,000 median sale price for detached homes in Varsity over October 2025 – September 2026, across 87 recorded sales. Those sales took 32 days on the market on average. Across all home types, sellers in Varsity got 99.6% of their asking price on average and the community was carrying 2.7 months of supply.

Aggregate MLS® statistics from our own published dataset (community medians, methodology). Medians are not adjusted for size, age or condition, and individual sold prices stay members-only under Alberta VOW rules.

Schools near this home

  • Marion Carson SchoolPublic (CBE) · Elementary · 798 m · about 2 mins by carSchool website
  • St. Vincent de Paul SchoolCatholic (CCSD) · Elementary/Junior High · 888 m · about 2 mins by carSchool website
  • Varsity Acres SchoolPublic (CBE) · Elementary · 1.5 km · about 4 mins by carSchool website
  • Sir Winston Churchill High SchoolPublic (CBE) · Senior High · 2.4 km · about 6 mins by carSchool website

Distances and drive times are measured from the centre of Varsity, not from this address. Designation depends on address, grade, program and capacity and changes from year to year — check the CBE or Calgary Catholic finder before you buy.

Commute from Varsity

DestinationBy carBy transit
Downtown Calgary17 mins42 mins
University of Calgary7 mins27 mins
Foothills Medical Centre9 mins42 mins
Mount Royal University13 mins46 mins
Calgary International Airport19 mins39 mins
Westside Recreation Centre18 mins1 hour 7 mins

Off-peak estimates measured from the centre of Varsity, not from this address. Live traffic varies.

Who lives in Varsity

  • 12,040Population
  • 2.2Average household size
  • 62%Owner-occupied households
  • $90KMedian household income
  • 14%Residents aged 0–14

2021 Census of Canada, via the City of Calgary community profile — long-term neighbourhood context, not current market activity. Full Varsity census profile →

Questions about this home

How much is 4831 48 Street NW?

4831 48 Street NW in Varsity is listed for sale at $660,000. It came on the market within the last day.

How many bedrooms and bathrooms does 4831 48 Street NW have?

4831 48 Street NW in Varsity has 3 bedrooms and 3 bathrooms. The listing records 1,059 sq ft above grade. It is a detached house.

Is 4831 48 Street NW priced above or below the Varsity market?

Its $660,000 asking price is about 25% below the $881,000 median sale price for detached homes in Varsity (October 2025 – September 2026, 87 sales). Medians are not adjusted for size, age or condition.

Live MLS® Data · Calgary Listings Group · Serving Calgary Since 1997

Comparable homes for sale in Varsity

All Varsity listings →

The active MLS® listings in Varsity closest to this home on price. Updated every 10 minutes.

Enlarged listing photo

Free account · no cost, no obligation

Everything we give our clients, before you're one.

One free account opens the whole toolkit — the guides we write for Calgary buyers and sellers, the checklists we actually use on deals, the video library, and a concierge that answers your questions any time of day.

Already have one? Sign in →

Takes about twenty seconds. Unsubscribe any time.