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Calgary · Varsity

3500 Varsity Drive NW

3500 Varsity Drive NW is a condominium building with 303 units in Varsity, Calgary, built in 1976 on a 706,939 sq ft lot. The City of Calgary assessed its typical unit at $330,000 for 2026, +28.6% over 3 years.

$330,000

Typical unit, 2026 assessed value · about $2,190 a year in property tax

See it on the 3D map

Change in assessed value

The change in the City's assessment of the same units, to 2026. Years before the building was finished or before a jump in its value are left out.

Compared with 879 townhouses in Varsity

Valued above about 20% of townhouses in Varsity. The typical one is assessed at $466K; this one is 29% lower.

Facts

Kind of property
Condominium building with 303 units
Whole property
$97,506,500
2025 assessed value
$365,000
Year built
1976
Lot size
706,939 sq ft
Zoning
M-C1
City use code
R402

Think this value is wrong?

The City of Calgary mails assessment notices each January. During the review period that follows you can ask the City's assessors to look again, and by the deadline printed on your notice you can file a complaint with the Assessment Review Board. Values of similar homes nearby, like the ones above, are the usual starting point. Details are on calgary.ca under property assessment.

Permits (29)

From the City of Calgary's open data, up to Oct 2026. The map lists every one. Costs are the applicant's estimate.

Along Varsity Drive NW

From the City of Calgary's open assessment data. An assessment is the City's estimate of market value on July 1, 2025, for property tax; it is not a sale price. The map also shows building permits, legal suites and homes for sale or rent.