5122 48, Calgary, CAL Zone NW - $725,000

5
Bedrooms
2
Bathrooms
N/A
Sq Ft
0.13
Acres

GoTopLevel

REAL ESTATE BROKERAGE

403.217.0003

Office

5122 48 - Main Image
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Property Highlights

5
Bedrooms
2
Bathrooms
N/A
Sq Ft
5554
Lot Size

Description

Fantastic Investment Opportunity in Sought-After Varsity! Opportunity knocks in Varsity! A timeless NW gem known for its top schools, green spaces and unbeatable convenience! This Charming 5-Bedroom, 2-Bath Bungalow offers over 2,000 sqft of developed living space in one of Calgary’s most desirable communities. Whether seeking a solid investment property or a flexible home with income potential, this versatile bungalow fits the bill. The main floor features 3 bedrooms, a full 4-piece bath, a spacious Living room, and a Kitchen with a center island, granite countertops, and an eating bar, perfect for family meals or entertaining. The fully finished basement has a separate entrance, 2 additional bedrooms, a 3-piece bath, and a generous living area, ideal for tenants, guests, or extended family. Outside, enjoy a landscaped and fenced backyard with back lane access and a concrete pad that can accommodate an RV if needed, along with mature trees, a single detached garage, and a cozy front porch to enjoy while sipping your morning coffee. Located in Varsity, you're minutes from the University of Calgary, shopping, transit, and top-rated schools, making this an excellent choice for both homeowners and investors. Live upstairs and rent the basement, or rent both levels for strong cash flow potential. This is an unbeatable location with serious upside. Don’t miss your chance to own in Varsity, this opportunity won’t last!

Key Features

Dishwasher
Dryer
Electric Stove
Garage Control(s)
Microwave Hood Fan
Refrigerator
Washer
Window Coverings
Forced Air

Essential Information

MLS® #103530785
Price$725,000
Original Price$739,999
Bedrooms Total5
Bedrooms Above Grade3
Bedrooms Below Grade2
Total Bathrooms2
Full Bathrooms2
0
Total Square FootageN/A sq ft
Living Area1,118 sq ft
Lot Size5,554 sq ft
Year Built1967
Garage Spaces1
Total Parking2
Fireplaces1
Property TypeResidential
Property Sub-TypeDetached

Financial Information

Annual Property Tax$4,369

Property Timeline & History

Current Status

Active Active

36
Days on Market
Listed for Sale
July 10, 2025

Price History

Original Price:$739,999
Current Price:$725,000
Price reduced by $14,999

Listing Status

StatusActive
Days on Market36

Additional Details

Garage Spaces1
HeatingForced Air,Natural Gas
CoolingNone
Postal CodeT3A 0S9