Varsity Housing Market Statistics

Varsity Housing Market Statistics

Searching for Varsity housing market statistics in Calgary on June 23, 7:31am? Trusted Varsity community of Top Varsity rank my real estate agents provide comprehensive housing market reports, trends, prices and sales data. Our monthly insights into Varsity housing market, supply and demand, housing prices, and affordability.

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.

Frequently Asked Questions About
Varsity Real Estate

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:

  • Average Price: $693,705
  • Active Listings: 63
  • Price Trend: Stable to increasing over the past 12 months

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:

  • Excellent quality of life with community amenities
  • Access to parks, schools, and shopping
  • Strong sense of community with local events
  • Convenient access to major transportation routes

Family-friendly atmosphere and well-maintained properties make it popular among homebuyers.

Varsity offers a variety of property types including:

  • Single-family detached homes
  • Townhomes and row houses
  • Condominiums and apartments
  • Duplexes and semi-detached homes
  • New construction developments

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:

  • Public elementary and secondary schools
  • Catholic separate schools
  • French immersion programs
  • Nearby private school options

For specific school boundaries and enrollment, contact the Calgary Board of Education or local school directly.

Beyond purchase price, budget for:

CostTypical Range
Property Transfer Tax$200 - $5,000
Home Inspection$400 - $700
Legal Fees$1,000 - $2,500
Property Tax Adjustment0.5-1.5% of home value
Mortgage Insurance (if applicable)0.6-4.5% of mortgage

Varsity is served by Calgary Transit with:

  • Multiple bus routes connecting to LRT stations
  • Direct routes to downtown Calgary
  • Peak hour express service
  • Access to major transit hubs

Commute times to downtown typically range from 20-40 minutes depending on time of day.

Varsity Housing Market Trends

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


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, 07:31am

Varsity Community Overview

Find 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.

Where is Varsity located in Calgary?

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.

What are the different areas of Varsity?

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.

What types of homes are available in Varsity?

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.

What is the Varsity Community Association?

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."

What facilities does the Varsity Community Association offer?

Located at 4303 Varsity Drive NW, the Varsity Community Centre offers:

  • Banquet and event space
  • Meeting rooms
  • Hall rentals for private functions
  • One of Calgary's largest out-of-school childcare programs
  • Preschool and before-and-after school care

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.

What programs does the Varsity Community Association offer?

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).

What schools are in Varsity?

Varsity is home to several excellent schools within the Calgary Board of Education:

The neighbourhood also provides convenient access to the University of Calgary.

What parks and green spaces are in Varsity?

Varsity features several parks and green spaces:

  • Varsity Community Garden – Located at the community centre, offering garden plots for residents
  • Varsity Park – Neighbourhood park with walking paths
  • Dalhousie Park – Adjacent green space with sports fields
  • Bow River Pathway System – Accessible via the western edge of Varsity
  • Edworthy Park – Located south across the river
What shopping is near Varsity?

Varsity offers convenient access to several shopping centres:

  • Market Mall – Calgary's premier shopping destination, located nearby
  • Northland Village Mall – Additional retail options
  • Varsity Plaza – Local shops and services along Crowchild Trail
  • Brentwood Village – Grocery stores, banks, and restaurants
What are the transportation options in Varsity?

Varsity is well-connected by major roads and transit:

  • Crowchild Trail – Provides quick access to downtown and the University of Calgary
  • Shaganappi Trail – Connects to the northwest communities and Stoney Trail
  • Brentwood LRT Station – Located on the Red Line at the northeast edge of Varsity
  • University LRT Station – Also accessible
  • Multiple bus routes – Serve the area with connections to the LRT system
How can I contact the Varsity Community Association?

The Varsity Community Association can be reached at:

  • Address: 4303 Varsity Drive NW, Calgary, AB T3A 0Z7
  • Phone: 403-288-9001
  • Fax: 403-247-3100
  • Email: info@vcacalgary.com
  • Website: varsitycommunityassociation.ca
  • General Manager: Doug Smith, gm@vcacalgary.com
What is the demographic profile of Varsity?

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.

Is Varsity a good place for families?

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.

Is Varsity dog-friendly?

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.

When was Varsity established?

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.


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Community Reviews & Statistics

August 3 2024

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...

Read More
  • Schools: 5/5
  • Transit/Commute: 0/5
  • Real Estate Market: 5/5
  • Safety: 5/5
  • Family Friendly: 5/5
  • Affordability: 5/5

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