4818 Varsity Drive NW
4818 Varsity Drive NW is a condominium building with 26 units in Varsity, Calgary, built in 2014 on a 19,542 sq ft lot. The City of Calgary assessed its typical unit at $353,750 for 2026, +32.5% over 3 years.
$353,750
Typical unit, 2026 assessed value · about $2,350 a year in property tax
Change in assessed value
- 3 years+32.5%
- 5 years+32.0%
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 854 low-rise condos in Varsity
In the top tenth of low-rise condos in Varsity. The typical one is assessed at $246K; this one is 44% higher.
Facts
- Kind of property
- Condominium building with 26 units
- Whole property
- $9,734,500
- 2025 assessed value
- $370,750
- Year built
- 2014
- Lot size
- 19,542 sq ft
- Zoning
- DC,M-C1
- City use code
- R201
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 (4)
- Revision: multi-residential development (changes to DP2014-2077)Development permit · Apr 2016 · approved · DP2016-0763
- Attainable Homes Varsity Multi-Residential building: 3 storey, 26 unitsBuilding permit · Jan 2015 · est. $6,327,500 · 26 new homes · completed · BP2014-16466
- New: multi-residential development (1 building, 26 units)Development permit · Sep 2014 · approved · DP2014-2077
- Freestanding temporary sign location markerDevelopment permit · Dec 2004 · approved · DP2004-3412
From the City of Calgary's open data, up to Oct 2026. Costs are the applicant's estimate.
Along Varsity Drive NW
- 4624 Varsity Drive NW$3.50M
- 4625 Varsity Drive NW$23.43M
- 4645 Varsity Drive NW$2.35M
- 4819 Varsity Drive NW$1.61M
- 4823 Varsity Drive NW$1.00M
- 4824 Varsity Drive NW$1.00M
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.