$469,000
701, 16 Varsity Estates Circle NW
Beds
2
Baths
2
Sqft
—
Year
2014
Type
Single Family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Location. Lifestyle. Value — An Exceptional Opportunity You Don’t Want to Miss!Welcome to this stunning 7th-floor residence offering the perfect blend of luxury, convenience, and unbeatable value — priced well below city assessment for a quick sale. This rare 2-bedroom, 2-bathroom unit is ideally suited for professionals, students, or savvy investors looking for a prime inner-city property.Step inside to discover a bright and spacious open-concept layout, thoughtfully designed with high-end finishes throughout. The modern kitchen features elegant granite countertops, premium stainless steel appliances, and ample cabinetry, flowing seamlessly into the living and dining areas highlighted by beautiful engineered hardwood flooring.Enjoy your morning coffee or unwind after a long day on the sunny south-facing balcony, offering plenty of natural light and elevated city views.Additional features include underground heated parking, assigned storage, and a well-maintained building that enhances both comfort and convenience.Located in one of the city’s most sought-after areas, you are just minutes from the LRT station, SAIT, University of Calgary, and Foothills Hospital. With quick access to shopping, dining, transit, and all major amenities, this location truly has it all.Whether you’re looking for a place to call home or a high-demand investment property, this unit delivers on every level.Opportunities like this don’t come often — book your private showing today before it’s gone! (id:65958)
- Subtype
- Single Family
- Structure
- Apartment
- Community
- Varsity
- Common interest
- Condo/Strata
- Living area
- 1,040 square feet
- Bedrooms
- 2 above grade, 0 below grade
- Parking
- 1 total
- Condo/HOA fee
- $771.16 monthly
- Stories
- 12
- Fireplace
- 1
- On market
- Mar 1, 2026
- Status changed
- Apr 25, 2026
- Annual tax
- $3,380 (2025)
- Zoning
- DC
- Photos
- 44
- MLS#
- A2289820
- Area
- CALGARY_NW
Features and systems
Appliances
Heating
Cooling
Exterior
Construction
Flooring
Lot
Community
Fee includes
Cash on cash
-7.03%
Cap rate
3.46%
GRM
16.6
Break-even rent
$2,929
Financing
Operating expenses (monthly)
Estimates 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.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 25, 2026.