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3731 37 Street NW
Beds
4
Baths
5 full + 1 half
Sqft
3,263
Year
2017
Type
Single Family
On market
7d
Welcome to this custom-built family home in Varsity, one of Calgary’s most exclusive NW neighbourhoods, offering the rare combination of prestige, privacy, and convenience. This remarkable residence was created with purpose from the very beginning, starting with the careful selection of a premium lot. Thoughtful planning went into designing building plans that perfectly accommodate an active modern family while also welcoming aging parents comfortably for years to come. From the moment you set eyes on the property, you’ll appreciate the modern colonial revival design with contemporary touches. Notice the extensive millwork and high-end, quality finishes throughout. Every detail - down to the operating systems, appliances, plumbing, lighting, and the components that matter most, has been carefully chosen for a timeless look and long-lasting performance, resulting in a home built not just to impress, but to endure. At the heart of the home is an open-concept chef’s kitchen designed for everyday living and entertaining. It features an oversized quartz island, abundant full-height cabinetry, a premium Bertazzoni refrigerator, a six-burner gas stove, and dining space for the whole crew. Enjoy the view from the formal living room, or step outside to the maintenance-free deck and lovely yard. Just off the kitchen, you’ll find a home office positioned for focus and efficiency, ideal for keeping your household running smoothly and organized. Up the grand staircase, explore the outdoor patio and three well-appointed bedrooms. Two bedrooms share an adjoining bath, while the primary suite offers a true retreat with a spa-inspired 5-piece ensuite featuring dual sinks, a freestanding soaking tub, a separate glass shower, and a walk-in closet with custom built-ins. The lower level is thoughtfully designed with children in mind, offering a spacious recreational area that’s easy to reconfigure as a bedroom when needed. It also includes a dedicated sports court, ideal for year-round training and play, with the flexibility to transform the space into a stylish theatre room. Above the garage, the luxurious legal carriage suite provides exceptional versatility for extended family, guests, or generating rental income, without sacrificing privacy or lifestyle. Enjoy the ease of walking distance to the University of Calgary, along with a prime location close to parks, pathways, restaurants, shopping, and some of the best schools in the city. View this home today, because special family residences like this are meant to be experienced in person to truly appreciate the space and lifestyle they offer. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 8.67 Ft x 5.08 Ft | |
| Recreational, Games room | 31.58 Ft x 35.00 Ft | |
| Storage | 16.17 Ft x 13.50 Ft | |
| Furnace | 15.08 Ft x 11.92 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 7.58 Ft x 3.00 Ft | |
| Dining room | 18.42 Ft x 8.00 Ft | |
| Foyer | 10.17 Ft x 16.75 Ft | |
| Kitchen | 18.42 Ft x 12.42 Ft | |
| Laundry room | 6.08 Ft x 17.67 Ft | |
| Living room | 18.00 Ft x 21.58 Ft | |
| Other | 8.42 Ft x 8.00 Ft | |
| Office | 12.08 Ft x 9.67 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 5pc Bathroom | 13.25 Ft x 5.67 Ft | |
| 5pc Bathroom | 12.83 Ft x 9.75 Ft | |
| Bedroom | 13.25 Ft x 11.08 Ft | |
| Bedroom | 10.75 Ft x 13.33 Ft | |
| Primary Bedroom | 14.58 Ft x 14.08 Ft | |
| Other | 6.75 Ft x 19.00 Ft |
Unknown
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 9.75 Ft x 4.92 Ft | |
| Bedroom | 17.33 Ft x 9.67 Ft | |
| Dining room | 4.92 Ft x 10.00 Ft | |
| Kitchen | 10.92 Ft x 11.67 Ft | |
| Living room | 11.92 Ft x 11.25 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
-0.58%
Cap rate
4.75%
GRM
13.9
Break-even rent
$14,519
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.
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 9, 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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.