Development Opportunity in Varsity | Approved DP for Two Homes
Excellent development opportunity in the highly desirable community of Varsity, just minutes from Market Mall with easy access to Shaganappi Trail.
This property is being offered as a land and development opportunity. The existing structure is not being marketed for residential use and all services to the property have been disconnected.
The seller has obtained an approved Development Permit for the construction of two single-family homes, offering an excellent opportunity for builders, developers or investors looking for a project with an approved development plan.
For buyers looking to build their own home in Varsity, the seller is also open to discussing development of the property. Approved development plans and all required information are available for review.
The existing structure is being sold as-is. Buyers are encouraged to review the approved Development Permit and plans and complete their own due diligence regarding construction and servicing requirements.
A great opportunity to build in one of Calgary’s established and sought-after communities with excellent access to Market Mall, major roadways, schools, parks and everyday amenities.
Data was last updated September 11, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
83
Avg list price:
$1,099,000
Min list price:
$134,900
Max list price:
$40,000,000
Avg days on market:
87
Min days on market:
4
Max days on market:
3,328
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.