5122 48 Street NW, Calgary   ||   $739,999

DETAILS

MLS® NUMBER A2238851
BUILDING TYPE Detached
PROPERTY CLASS Residential
TOTAL BEDROOMS 5
BATHROOMS 2
SQUARE FOOTAGE 1118 Square Feet
YEAR BUILT 1967
BASEMENT None
GARAGE Yes
TOTAL PARKING 2
**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!
Listing Brokerage: Jessica Chan Real Estate & Management Inc.

MAP

Listing data is deemed reliable but is not guaranteed accurate by CREB®. Last updated: today at 3:00 a.m.

© 2025 CENTURY 21 Real Estate Foothills. CENTURY 21® is a registered trademark licensed to Century 21 Real Estate LLC. Equal Housing Opportunity. Each office is independently owned and operated.

Find Real Estate Foothills on Facebook Find Real Estate Foothills on Twitter