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Reduced $100,000 (8%) from $1,200,000
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240 Varsity Estates Terrace NW
Beds
4
Baths
2
Sqft
1,928
Year
1987
Type
Single Family
On market
52d
** BEAUTIFUL Walkout Bungalow - on a very quiet cul-de-sac location in this highly sought out community of Varsity Estates. Walking distance to community parks, hiking paths, community shopping and LRT. Short distance to U of C, major shopping malls and great access to several major traffic arteries. ** This is a truly special home with meticulous landscaping and a gorgeous PRIVATE well treed SW backyard. ** Very bright, open functional plan with a spacious sunken living room and formal dining room off the kitchen. The kitchen & breakfast nook is very bright and airy - with a centre island, loads of cabinets featuring quartz counter tops, There is also a large corner pantry and a full compliment of quality/ upgraded appliances. The spacious eating nook has a patio door leading to a lvery large sunny south exposed deck - that overlooks this very well treed / private backyard. ** This also leads to a cozy family room with custom paneling and a brick faced fireplace. 88 Back to the front entry we have a good sized den/office with custom paneling a built in bookshelves. ** From here we go down the hall wich leads to the spacious back entry / laundry room with a laundry sink and access to the double insulated attached garage. ** This then leads to the very large bright "primary bedroom" featuring a large walk-in closet and a dream ensuite with a terrific walk-in shower, double vanity with beautifull raised vessel sinks -and- a terrific makeup counter with added custom shelves and storage. ** The second bedroom is also a good size with a walk-in closet. The main bathroom has been beautifully upgraded featuring a deep contoured soaker sink, perfect for the slow enjoyable soaks. ** DOWNSTAIRS has ben fully developed and features a cozy family room with fireplac, a hot tub overlooking the backyard and a patio door opening onto a covered patio area and access to the gorgeous sunny south exposed backyard. ** The third bedroom is a huge with a walk-in closet. The fourth bedr oom is also a great size with ample closet space. Plus, a nice 4 piece bathroom. ** WOW - then comes this massive entertainment / recreation room featuring custom shelving & bookcases, a custom wetbar with built-ins, beautiful perimeter wainscotting -- TRULY -- a great area to enjoy your family and friends. ** FEATURES include - vaulted ceilings, cleaming hardwood floors, TWO fireplaces and so much more! ** A RARE FIND -- on a very quiet location. ** Don't miss out - CALL your favorite REALTOR (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 11.92 Ft x 16.33 Ft | |
| Bedroom | 9.08 Ft x 19.08 Ft | |
| Bedroom | 12.00 Ft x 16.42 Ft | |
| Storage | 7.17 Ft x 7.92 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 12.42 Ft x 16.00 Ft | |
| Dining room | 9.92 Ft x 12.92 Ft | |
| Kitchen | 13.08 Ft x 14.25 Ft | |
| Breakfast | 6.33 Ft x 13.50 Ft | |
| Family room | 12.08 Ft x 16.33 Ft | |
| Office | 10.58 Ft x 12.83 Ft | |
| Primary Bedroom | 12.58 Ft x 18.67 Ft | |
| Bedroom | 11.17 Ft x 11.42 Ft | |
| 4pc Bathroom | 7.83 Ft x 12.75 Ft | |
| 3pc Bathroom | 5.17 Ft x 9.08 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
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Insurance estimate
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Commute
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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).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 Jun 8, 2026.
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.