Calgary / Varsity
Varsity
5,076 properties on the 2026 roll, in Ward 1. Another 876 titled parking stalls and storage units are on the roll here; they are left out of every figure on this page.
Homes
Assessed values are the City of Calgary’s assessments, not sale prices. Figures are for each year’s assessment roll.
Median assessed value, 2026
$736,000
5,076 properties · +74% since 2012
Middle half of properties
$352,500 to $1.0M
25th to 75th percentile
City median
$618,000
Ward 1 median $718,000
By home type, 2026
| Type | Median | Middle half | Homes | Since 2023 |
|---|---|---|---|---|
| Detached house | $943,750 | $791,625 to $1.2M | 2,598 | +25% |
| Apartment condo | $278,000 | $237,000 to $367,000 | 1,319 | +31% |
| Townhouse or rowhouse | $465,500 | $337,500 to $579,500 | 879 | +33% |
| Semi-detached or duplex | $570,750 | $512,000 to $617,250 | 80 | +29% |
Home types are grouped from the City’s property-use codes, which the roll carries from 2023. How.
All properties, 2012 to 2026
| Year | Median | Middle half | Properties |
|---|---|---|---|
| 2026 | $736,000 | $352,500 to $1.0M | 5,076 |
| 2025 | $747,000 | $377,500 to $1.0M | 5,075 |
| 2024 | $646,000 | $315,750 to $890,000 | 5,079 |
| 2023 | $583,000 | $269,500 to $808,375 | 5,078 |
| 2022 | $534,000 | $255,500 to $732,750 | 4,959 |
| 2021 | $488,500 | $255,000 to $670,000 | 5,088 |
| 2020 | $502,000 | $258,125 to $678,375 | 5,094 |
| 2019 | $514,500 | $268,500 to $694,500 | 5,085 |
| 2018 | $515,000 | $280,250 to $695,000 | 5,087 |
| 2017 | $495,500 | $281,625 to $690,875 | 5,082 |
| 2016 | $509,750 | $288,000 to $713,375 | 4,946 |
| 2015 | $513,500 | $307,000 to $724,500 | 4,869 |
| 2014 | $472,500 | $257,500 to $678,000 | 4,758 |
| 2013 | $449,250 | $245,375 to $651,500 | 4,764 |
| 2012 | $422,750 | $245,500 to $609,000 | 4,762 |
By median assessed value this is number 64 of 220 residential communities with enough properties to publish one. The city-wide median is $618,000.
Check one address against similar properties nearby · How to appeal an assessment, and the deadlines
Building
Building permits the City issued here, by year and category. Construction values are the estimated project cost on the permit. Permits cancelled after they were issued are left out. Addresses and descriptions are not shown.
| Year | Permits | Construction value | Housing units |
|---|---|---|---|
| 2026 (so far) | 102 | $21M | 19 |
| 2025 | 138 | $27M | 28 |
| 2024 | 101 | $22M | 16 |
| 2023 | 132 | $54M | 12 |
| 2022 | 126 | $27M | 10 |
| 2021 | 148 | $13M | 22 |
2025, by category
| Category | Permits | Construction value | Housing units |
|---|---|---|---|
| Home renovations and additions | 62 | $4.8M | 4 |
| Commercial renovations | 33 | $14M | — |
| Demolition | 13 | $0 | — |
| New houses | 12 | $6.4M | 12 |
| Garages | 8 | $404,084 | — |
| Secondary and backyard suites | 7 | $534,232 | 7 |
| New semi-detached and duplexes | 2 | $952,282 | 4 |
| New townhouses and rowhouses | 1 | $175,000 | 1 |
Largest recent projects
- Jul 2025: School, other, alteration, $6.0M
- Sep 2026: Education misc., alteration, $6.0M
- Jul 2024: Office, alteration, $4.2M
- Jul 2026: Office, alteration, $3.5M
- Oct 2024: School, other, alteration, $2.5M
Businesses
250 active business licences here, 32 issued in the last year. Counts include every licence type. Names are shown only for storefront licences (shops, restaurants, salons, garages and the like), and only where the name reads as a business, not a person. Massage, home-based and mobile licences are counted, never named.
| Category | Active | New in last year | Share |
|---|---|---|---|
| Shops and grocery stores | 134 | 15 | 54% |
| Takeout and food counters | 26 | 1 | 10% |
| Restaurants, cafés and bars | 24 | 4 | 10% |
| Hair, beauty and personal services | 20 | 2 | 8% |
| Massage centres | 10 | 3 | 4% |
| Rental apartment buildings | 9 | 0 | 4% |
| Contractors | 4 | 3 | 2% |
| Tattoo and piercing | 4 | 1 | 2% |
| Schools and training | 3 | 0 | 1% |
| Cannabis | 2 | 0 | 1% |
| Fitness | 2 | 1 | 1% |
| Gas stations | 2 | 0 | 1% |
| Liquor stores | 2 | 0 | 1% |
| Manufacturing | 2 | 1 | 1% |
| Wholesale and warehousing | 2 | 0 | 1% |
Recently opened storefronts
- MAPLE RESPIRATORY GROUP · Shops and grocery stores · issued 2026-06-26
- TALBOTS STORE 821 · Shops and grocery stores · issued 2026-04-02
- ANGELS NAIL AND SPA · Hair, beauty and personal services · issued 2026-03-25
- THE NEUROKINETICS CLINIC · Hair, beauty and personal services · issued 2026-03-12
- STAYWELL PHARMACY, MEDICAL CLINIC, HOMECARE & MEDICAL SUPPLIES · Shops and grocery stores · issued 2026-02-05
- KIOKII AND · Shops and grocery stores · issued 2026-01-30
- THE VARSITY CLINIC · Fitness · issued 2025-11-19
- ALBERTA BOOT COMPANY · Shops and grocery stores · issued 2025-11-17
- ARCTERYX EQUIPMENT · Shops and grocery stores · issued 2025-11-14
- CINNZEO BAKERY CAFE · Restaurants, cafés and bars · issued 2025-10-23
Nearby communities
University District · Dalhousie · Brentwood · Montgomery · Charleswood · University Heights
Sources
City of Calgary Open Data: Current Year and Historical Property Assessments (current roll 2026; history 2012 to 2025), Calgary Business Licenses, Building Permits, Communities by Ward. Data built 2026-10-15. How these are worked out.