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Updated every 10 minutes Varsity real estate housing market statistics, trends, declines, days on market and house values providing a clear understanding of housing availability, prices and market data in Varsity provided by local real estate agent sponsors.
Get instant Varsity real estate answers to the most common questions about living in Varsity including housing market trends and community information.
As of June 23, 2026 the Varsity real estate market reports:
Prices vary based on property type, location within the community, and market conditions. Contact a local REALTOR® for the most current pricing information.
Yes, Varsity is considered one of Calgary's desirable neighbourhoods. It offers:
Family-friendly atmosphere and well-maintained properties make it popular among homebuyers.
Varsity offers a variety of property types including:
Properties range from entry-level homes to luxury estates, catering to first-time buyers, growing families, and downsizers.
Varsity is served by several educational options:
For specific school boundaries and enrollment, contact the Calgary Board of Education or local school directly.
Beyond purchase price, budget for:
| Cost | Typical Range |
|---|---|
| Property Transfer Tax | $200 - $5,000 |
| Home Inspection | $400 - $700 |
| Legal Fees | $1,000 - $2,500 |
| Property Tax Adjustment | 0.5-1.5% of home value |
| Mortgage Insurance (if applicable) | 0.6-4.5% of mortgage |
Varsity is served by Calgary Transit with:
Commute times to downtown typically range from 20-40 minutes depending on time of day.
The Varsity housing market trends are influenced by economic conditions, interest rates, demographic shifts, and supply/demand dynamics. Recent years have seen low interest rates fueling demand and creating a seller's market with rising prices and limited inventory. The COVID-19 pandemic also shifted housing preferences toward larger homes and suburban/rural areas. These trends continue to evolve, making it important to monitor economic indicators and local market factors.
Varsity pre-construction developments such as condo, townhomes and detached homes available or coming soon in Varsity, Alberta. The prices for these developments range widely and the unit sizes also vary. Some developments have not yet released pricing details or begun accepting registrations. It is important to note that the completion dates, pricing, and deposit structure for these developments may be subject to change.
Varsity New Construction Homes
Updated: June 23, 06:39amFind answers to the most common questions about Varsity, an established family-friendly neighbourhood in northwest Calgary known for its spacious homes, excellent schools, and strong community spirit.
Varsity is an established neighbourhood in the northwest quadrant of Calgary located on a plateau north of the Bow River valley. It is bounded on the north and east by Crowchild Trail, on the west by the Bow River, and on the south by 32nd Avenue NW. The neighbourhood borders Silver Springs and Bowness on the west side, and Montgomery and the University of Calgary campus on the south side.
Varsity comprises three major areas: Varsity Acres, Varsity Village, and Varsity Estates. The neighbourhood was primarily developed in the 1960s and early 1970s and is mainly composed of single-detached dwellings on wide lots. The easternmost portion contains the University of Calgary Research Park.
Varsity is primarily composed of single-detached dwellings on wide lots, reflecting its development era of the 1960s and 1970s. The neighbourhood also includes some townhomes and low-rise condominium apartments, particularly along the major thoroughfares. Varsity Estates features larger executive homes on premium lots, many backing onto the Bow River valley or the golf course.
The Varsity Community Association (VCA) is a non-profit organization registered under the Societies Act of Alberta and a charity registered with the Canada Revenue Agency. Led by a volunteer Board of Directors and professional staff, the association offers programs, activities, and civic engagement for its residents and members. Their mission is "Enhancing and Enriching the Quality of Community for Varsity Residents."
Located at 4303 Varsity Drive NW, the Varsity Community Centre offers:
On the grounds, residents enjoy a 3/4 NHL-size ice rink, a pleasure skating rink, basketball nets, four tennis courts, and a large community garden.
The VCA offers a wide range of programs for all ages:
Children's Programs: Children's Art Classes (ages 5-12), Grassroots Soccer through South West Chinook Soccer Association, and Sportball multi-sport programs (ages 16 months to 5 years).
Adult Programs (18+): Gentle Hatha Yoga, Human Reformer Pilates, Tai Chi (Beginner and Intermediate), and Qi Gong Fusion Fitness.
Senior Programs (55+): Cardio Combo, Senior Fit, and Silver Swans Ballet Fitness.
Outdoor Recreation: Outdoor hockey rink, pleasure skating rink, and tennis courts (open May-October).
Varsity is home to several excellent schools within the Calgary Board of Education:
The neighbourhood also provides convenient access to the University of Calgary.
Varsity features several parks and green spaces:
Varsity offers convenient access to several shopping centres:
Varsity is well-connected by major roads and transit:
The Varsity Community Association can be reached at:
Varsity has a population of approximately 12,158 residents. The average household income is $58,603. The neighbourhood has a mix of established families, professionals, and University of Calgary faculty and staff. Varsity is part of Ward 1, represented by Councillor Sonya Sharp.
Yes, Varsity is an excellent choice for families. The neighbourhood features several highly-rated public and Catholic schools, spacious homes on wide lots, numerous parks and playgrounds, the Varsity Community Centre with year-round programs, and the Varsity Community Garden. Its central location provides easy access to the University of Calgary and downtown.
Yes, Varsity is a dog-friendly community. The neighbourhood features numerous parks and green spaces, wide tree-lined streets perfect for walking, and easy access to the Bow River Pathway system, which offers scenic routes along the river. Many homes have spacious yards suitable for pets.
Varsity was established in 1963 and developed primarily in the 1960s and early 1970s. It is one of Calgary's established northwest communities, known for its mature trees, wide lots, and stable property values. The Varsity Community Association was registered as a charity with the CRA on September 1, 1975.
Homes for Sale in Varsity
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Changes in population from migration and immigration Positive international immigration added to gains from interprovincial migration, resulting in a net increase of 45,375 people to Alberta’s...
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