5122 48 Street NW
Calgary, AB, T3A 0S9
$739,999
5 Beds
2 Baths
1,118 SqFt
0.13 Acres
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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&#39'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 Details

Price:
$739,999
MLS #:
A2238851
Status:
Active
Beds:
5
Baths:
2
Address:
5122 48 Street NW
Type:
Single Family
Subtype:
Detached
Subdivision:
Varsity
City:
Calgary
Listed Date:
Jul 11, 2025
Province:
AB
Finished Sq Ft:
1,118
Postal Code:
309
Lot Size:
5,554 sqft / 0.13 acres (approx)
Year Built:
1967
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Rob Johnstone is a trusted Calgary Realtor with over 30 years of real estate experience. He has evaluated thousands of properties and is a recognized expert in Calgary home and condo sales. Rob offers accurate home evaluations either by email or through in-person appointments. Both options are free and come with no obligation. His focus is to provide honest advice and professional insight, helping Calgary homeowners make confident decisions when it’s time to sell their property.

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Schools

Interior

Appliances
Dishwasher, Dryer, Electric Stove, Garage Control(s), Microwave Hood Fan, Refrigerator, Washer, Window Coverings
Basement
Separate/ Exterior Entry, Finished, Full
Bathrooms Full
2
Laundry Features
In Basement

Exterior

Exterior Features
None
Lot Features
Back Lane, Back Yard, Landscaped, Rectangular Lot, Treed
Parking Features
Single Garage Detached
Parking Total
2
Patio And Porch Features
Front Porch, Patio
Roof
Asphalt

Financial

Map

Community

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5122 48 Street NW
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