Varsity Calgary Real Estate
Varsity is one of Calgary’s most desirable northwest communities, known for its mature trees, excellent schools, and unbeatable location near the University of Calgary and Foothills Medical Centre. For buyers looking for an established neighbourhood with strong long-term value, Varsity offers a unique mix of family homes, modern renovations, and convenient condo living.
Located just minutes from downtown Calgary and steps from the Bow River pathway system, Varsity combines quiet residential streets with exceptional access to shopping, recreation, and public transit.
Whether you’re a family searching for a spacious home near top schools, a professional working at the nearby hospitals or university, or an investor looking for rental demand near campus, Varsity Calgary real estate offers something for everyone.
If you’re considering buying or selling in Varsity, I’m happy to help you explore the opportunities in this fantastic northwest Calgary community.
Why Buyers Love Varsity Calgary
Varsity consistently ranks as one of Calgary’s most livable neighbourhoods thanks to its combination of location, amenities, and community feel.
Some of the features that make Varsity so popular include:
Recreation and Outdoor Living
Varsity offers fantastic access to parks and recreation, making it a great choice for active families.
Nearby outdoor highlights include:
Bow River pathways and cycling trails
Nose Hill Park (one of Calgary’s largest natural parks)
Silver Springs Golf & Country Club
Shaganappi Point Golf Course
Varsity Community Association parks and programs
Residents also enjoy quick access west to the mountains for weekend trips to Banff and Canmore.
Mature Community with Character
Developed primarily in the 1960s and 1970s, Varsity features wide streets, large lots, and beautiful mature trees. Many homes have been extensively renovated or rebuilt, offering buyers a mix of classic bungalows, modern infills, and upgraded family homes.
Walkable Shopping and Amenities
One of Varsity’s standout features is its proximity to Market Mall, one of Calgary’s largest and most established shopping centres.
Residents enjoy convenient access to:
Grocery stores and everyday services
Restaurants and coffee shops
Fitness facilities
Professional services
Medical clinics
Everything you need is just minutes away.
Outstanding Schools
Varsity is a popular choice for families thanks to its strong public and separate school options nearby.
Local schools include:
Varsity Acres School
Marion Carson School
F.E. Osborne School
St. Vincent de Paul School
Sir Winston Churchill High School
There are also many excellent private and charter school options within a short drive.
Excellent Access to Major Employment Hubs
Varsity is ideally located near several of Calgary’s largest employment centres including:
University of Calgary
Foothills Medical Centre
Alberta Children’s Hospital
Market Mall retail district
Downtown Calgary (approximately 15 minutes)
This makes the community especially attractive for professionals working in healthcare, education, or research.
Varsity Housing Market Update
In May 2026, Varsity’s detached benchmark price was $939,900, compared with Calgary’s detached benchmark of approximately $773,500. This places Varsity about 22% above the citywide detached benchmark, reflecting its strong northwest location, established housing, lot sizes, and appeal to buyers who want proximity to the university, hospitals, transit, and major amenities.
Detached pricing was up 3% year-over-year, making Varsity one of the stronger performing detached markets among the northwest communities we have reviewed. While many surrounding communities saw detached prices soften, Varsity continued to show resilience.
The detached market was balanced in May 2026. Varsity recorded 9 detached sales, while months of supply sat at 3.11 months. This suggests buyers had more choice than in a tight seller’s market, but Varsity’s higher price point and established location continued to support demand.
Compared with nearby northwest communities, Varsity sits in the upper tier for detached pricing. Its detached benchmark price is higher than Edgemont, Collingwood, Rocky Ridge, Royal Oak, Tuscany, Arbour Lake, Scenic Acres, Hawkwood, Brentwood, Dalhousie, and Bowness. This reflects Varsity’s premium location and long-standing reputation as one of northwest Calgary’s most sought-after established neighbourhoods.
The attached and apartment segments were softer. Row/townhouse pricing was $500,500, down 8% year-over-year, while apartment pricing was $258,000, also down 8%. Apartment months of supply rose to 7.25 months, giving condo buyers more options than detached-home buyers.
Overall, Varsity remains a premium northwest Calgary community with resilient detached pricing and strong long-term appeal. Detached homes are holding up better than the attached and apartment segments, supported by location, mature neighbourhood character, and access to major amenities. For sellers, detached homes remain well positioned when priced appropriately. For buyers, Varsity may offer more selection than in previous peak conditions, but detached homes still command a clear premium compared with many nearby communities.
Thinking About Buying or Selling in Varsity?
If you are considering buying or selling a home in Varsity or would like to learn more about available properties, I’d be happy to help.
As a Calgary REALTOR® who works with many relocation buyers, I enjoy helping clients explore different communities and find the neighbourhood that fits their lifestyle best.
You can also explore more Calgary neighbourhood guides on Make Your Move Calgary to discover other communities that might be a great fit.
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FAQ's
Is Varsity a good neighbourhood in Calgary?
Yes, Varsity is widely considered one of Calgary’s most desirable northwest communities. The neighbourhood is known for its mature trees, large lots, excellent schools, and convenient access to the University of Calgary, Foothills Medical Centre, and Market Mall. Its established character and strong amenities make it popular with families, professionals, and long-term homeowners.
What types of homes are available in Varsity Calgary?
Varsity offers a mix of detached homes, townhomes, and condominiums. Many of the detached homes are mid-century bungalows built in the 1960s and 1970s, while others have been fully renovated or replaced with newer luxury homes. Condo developments and townhomes are also available near Market Mall and the University of Calgary.
What is the average home price in Varsity Calgary?
Detached homes in Varsity typically average around $1.0M depending on the size, condition, and location of the property. Entry level bungalows may start in the $700K range, while luxury homes in Varsity Estates can exceed $1.5M. Overall, Varsity tends to price above the Calgary average due to its location and established reputation.
How close is Varsity to the University of Calgary?
Varsity is located directly north of the University of Calgary and many homes are just a few minutes away by car, bike, or transit. This makes the community particularly attractive for university staff, healthcare professionals working at nearby hospitals, and investors looking for rental demand from students.
Are there good schools in Varsity Calgary?
Yes, Varsity is known for having excellent school options. Local schools include Varsity Acres School, Marion Carson School, F.E. Osborne School, and nearby Sir Winston Churchill High School, which is one of Calgary’s top-rated public high schools. The community is also close to several private and charter school options.
Is Varsity a good neighbourhood for families?
Varsity is considered one of the best family neighbourhoods in northwest Calgary. Families are drawn to the community because of its quiet streets, large parks, excellent schools, and easy access to recreation areas like Nose Hill Park and the Bow River pathway system.
What amenities are near Varsity Calgary?
Residents of Varsity enjoy convenient access to Market Mall, one of Calgary’s largest shopping centres. The community is also close to the University District retail area, the Foothills Medical Centre, Alberta Children’s Hospital, and major roadways that connect quickly to downtown Calgary and the Rocky Mountains.
Is Varsity Calgary a good investment for real estate?
Varsity has historically shown strong long term property value growth due to its location near major employment centres and the University of Calgary. Limited new development, strong rental demand, and continued renovation of older homes help support property values in the community.