Active

VARSITY

22 Varsity Estates Close Nw, Calgary, AB

$1,399,000

Residential · MLS® A2288506
5Bedrooms
3Bathrooms
2,480Sq Ft
2Garage
1988Year Built
02 / Overview

PROPERTY OVERVIEW

Located on a quiet crescent in Varsity Estates, this classic all-brick 2,480 sq ft executive bungalow with 5 bedrooms and 3 full bathrooms reflects years of thoughtful ownership and steady investment.

Vaulted ceilings and architectural lines create an immediate sense of openness, while rich Brazilian hardwood floors add warmth and continuity throughout the main living areas. The formal living and dining rooms are bright and inviting, and the family room offers a comfortable gathering space centered around a brick gas fireplace.

The...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,480 sq ft
Lot Size12,001 sq ft
ZoningR-CG
HeatingHigh Efficiency • Fireplace(s) • Forced Air • Natural Gas
CoolingNone
ParkingConcrete Driveway • Double Garage Attached • Garage Door Opener
ExteriorOther • Private Yard
BasementFull
Year Built1988
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,723After mortgage & expenses
Cap Rate3.0%Based on market rents
Cash on Cash Return-7.4%With 20% down payment
Est. Monthly Rent$4,590Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

VARSITY

Moderate Investment
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Investment Score69/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Richard Fraser · RE/MAX Real Estate (Mountain View)