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Calgary · Single Family · under $1,950,000 · 3+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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1206 Varsity Estates Road NW
Located in the prestigious community of Varsity Estates, this beautifully renovated home is the perfect blend of modern elegance, family comfort, and luxury entertaining.Set on a corner lot surrounded by mature trees, the property offers over 4,100 sq. ft. of thoughtfully designed living space. At the heart of the home is an open-concept chef’s kitchen featuring an oversized quartz island with seating for seven, a grand six-burner gas stove, and a smart French-door refrigerator with Family Hub—ideal for managing calendars, streaming music, or even watching TV. A stylish coffee bar with custom wine shelving adds both charm and function, complementing the home’s sophisticated, modern design.The kitchen flows seamlessly into the inviting living room, anchored by a sleek gas fireplace. For special occasions, the eating nook offers a wet bar and a striking glass-backed wine display—perfect for hosting with style. Just a few steps down, a dramatic entertaining space awaits, showcasing vaulted ceilings with exposed beams and walls of windows. The home office is truly a showpiece — a custom-built glass-enclosed workspace that feels like something out of a design magazine. Framed in sleek black steel and surrounded by natural light, it offers a refined, private setting while still maintaining an open-concept feel. Whether used as a home office, studio, or creative space, it’s a rare and highly desirable feature in today’s market.. Bright, spacious, and versatile, the room was designed to impress and adapt to any lifestyle—whether for large gatherings at the massive dining room. A floor-to-ceiling fireplace with modern tile surround serves as a striking focal point, the open layout of the great room provides plenty of room for comfortable living and entertaining. The primary suite that provides a true private retreat, featuring a spa-inspired ensuite with a double vanity and a designer freestanding soaking tub. A custom walk-in closet, complete with built-in organizatio n and stacked washer/dryer, ensures both convenience and luxury. Two additional bedrooms, a four-piece bath, and a spacious powder room complete the upper level.The lower levels expand the living experience even further, offering a full theatre room with projector and screen, a large guest bedroom with four-piece bath, a fitness/exercise space, a relaxing sauna, and a second laundry area.Rounding out this exceptional home is the mudroom complete with built-in's, oversized, double garage—fully outfitted with built-in cabinetry, a raised tire storage rack, and durable epoxy flooring.This is more than a home—it’s a lifestyle. Book your private showing today and experience Varsity Estates living at its finest. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | 5.00 Ft x 10.00 Ft | |
| Other | 10.67 Ft x 13.00 Ft | |
| Sauna | 6.83 Ft x 4.92 Ft | |
| Storage | 8.00 Ft x 10.33 Ft | |
| Media | 15.67 Ft x 13.33 Ft | |
| Exercise room | 8.00 Ft x 13.25 Ft | |
| Bedroom | 11.92 Ft x 11.17 Ft | |
| 4pc Bathroom | 7.92 Ft x 8.58 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 20.00 Ft x 14.00 Ft | |
| Dining room | 10.00 Ft x 19.00 Ft | |
| Breakfast | 11.00 Ft x 7.75 Ft | |
| Living room | 14.00 Ft x 17.00 Ft | |
| Family room | 19.00 Ft x 22.33 Ft | |
| Foyer | 6.92 Ft x 4.75 Ft | |
| Other | 8.58 Ft x 6.83 Ft | |
| Primary Bedroom | 13.92 Ft x 12.25 Ft | |
| Bedroom | 10.75 Ft x 12.83 Ft | |
| Bedroom | 10.08 Ft x 12.83 Ft | |
| 2pc Bathroom | 4.92 Ft x 4.92 Ft | |
| 4pc Bathroom | 7.42 Ft x 5.00 Ft | |
| 4pc Bathroom | 6.92 Ft x 10.25 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.64%
Cap rate
4.74%
GRM
13.9
Break-even rent
$11,001
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 5, 2026.
| Office | 8.75 Ft x 19.00 Ft |
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
4.6 km away
6.7 km away
13.0 km away
14.3 km away
14.9 km away
Elementary
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
13.0 km away
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
14.3 km away
14.8 km away
Halal grocery
Amir Halal Meats & Grocery
14.4 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.