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Calgary · Single Family · under $650,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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612, 4138 University Avenue NW
PRICE DROP JUNE 30. BEST DEAL IN UNI DISTRICT! Welcome to a TOP floor "2 bedroom + den" condo unit in the August building in the heart of University District. This unit is walking distance to all the great restaurants, coffee shops and the Save on Foods grocery store. (who needs a car!). This wonderful 2 Bedroom + Den is perfect for 2 young professionals or a couple wishing to downsize and live amongst a plethora of amenities. The 2 rooms are on opposite sides of the condo so it could also be a perfect investment opportunity. The balcony is approx 263 sq feet (36 ft long x 6.8ft wide), comes w/ storage units on both ends, & has protective bird screens (upgrade). The balcony is huge and allows for plenty of furniture to be configured on it. When you enter the unit, a spacious laundry room with ample storage in one direction and a 2nd 4 piece bathroom (tub/shower) w/ quartz countertops and tile flooring in the other direction. The entire unit except the bathrooms has high end light brown vinyl plank flooring. The unit feels quite large with 10ft ceilings & huge floor to ceiling windows which adds a plethora of natural light. The kitchen is large with upgraded SS appliances, quartz counter tops, & grey cabinets (additional added for more storage). Its a great area to gather and host parties. The primary bedroom is large with its own access to the patio. The ensuite has dual sinks, quartz counter tops, matching cabinets to the kitchen and a huge walk in shower w/ wand for washing (upgrade). The walk in closet is close to 50 sq ft (7.25 x 7.5) allowing for tons of clothes, shoes, & accessories. The 2nd bedroom on the opposite side is spacious and has a good size closet. It's perfect for guests. The den allows for a twin size bed or murphy bed arrangement and has its own walk in closet. The unit design was carefully thought out with the builder and has numerous upgrades throughout. It's a dream design and layout which is rare for a a top floor unit to come to market. The unit also has its own AC unit (upgrade) + upgraded custom finished blinds throughout + Telus fibre optic. The unit comes with 2 titled parking spots (265/266) + separate storage unit (P2), & Bike storage (P1). The main floor has a party room that can be booked for gatherings or used as a quit study area. The 2nd floor has an outdoor patio for residents. Don't miss this awesome opportunity enter condo ownership as a 1st time buyer or downsize from a neighboring NW community and enjoy the numerous amenities that residence have come to enjoy! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 7.92 Ft x 3.92 Ft | |
| Primary Bedroom | 10.83 Ft x 13.00 Ft | |
| Den | 8.83 Ft x 8.00 Ft | |
| Bedroom | 10.50 Ft x 12.33 Ft | |
| Kitchen | 8.17 Ft x 14.67 Ft | |
| Laundry room | 7.50 Ft x 6.33 Ft | |
| 4pc Bathroom | 11.25 Ft x 5.08 Ft | |
| 4pc Bathroom | 4.92 Ft x 8.42 Ft | |
| Dining room | 11.42 Ft x 8.33 Ft | |
| Other | 7.50 Ft x 7.25 Ft | |
| Other | 3.75 Ft x 4.58 Ft | |
| Living room | 9.67 Ft x 10.42 Ft |
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Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
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Monthly carrying cost
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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).
Cash on cash
-6.89%
Cap rate
3.49%
GRM
16.7
Break-even rent
$3,601
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 Jun 30, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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