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The Groves of Varsity

16 Varsity Estates Ci Nw, Calgary, AB T3A 2C5

Varsity
Year Built
2011
Units
111
Floors
12
Building Type
Mid-rise apartment

Market Overview

Avg Sold Price
$443,236.3
Median Sold
$460,000
Price Range
$315,000 – $515,000
Avg $/SqFt
$462.118
Sales (2yr)
10
Active Listings
2
Avg List Price
$432,000
Avg Days on Market
52.8

Last sale: Sep 24, 2026

Condo Fees

Avg Monthly Fee
$741.596
Median Fee
$761.225
Avg $/SqFt
$0.748
Units w/ Fee Data
12
Fee IncludesHeat, Water, Electricity

2026 Assessment

Avg Assessed
$508,000
Min Assessed
$259,500
Max Assessed
$1,010,000

Building Features

ExteriorBrick,Concrete
AmenitiesElevator, fitness centre, party room, roof deck, storage, underground titled parking
Parking/Storage Titles86
Building TypeMid-rise apartment
Floors12 storeys
Year Built2011

Policies

Pet PolicyPets restricted

About This Building

The Groves of Varsity is a 12-storey mid-rise apartment building located at 16 Varsity Estates Circle NW in Calgary's established Varsity community, built in 2011. With 111 units and diverse floor plans ranging from one-bedroom to two-bedroom layouts, the building features solid concrete construction, polished common areas, and amenities including a fitness centre, party room, roof deck, and underground titled parking. Recent sales have averaged around $443,000, with monthly condo fees typically running $742. The building's proximity to the University of Calgary, Foothills Hospital, parks, shopping, and transit makes it an appealing choice for professionals and downsizers. Before finalizing a purchase, prospective buyers should engage a professional to review the condominium documents—including the reserve fund study, financial statements, board minutes, and bylaws—to understand the building's financial health and governance.

Premium reviews include your choice of a 24-hour turnaround (within 24 hours of having all required condo documents) or a video call. General information, not legal advice.

The information provided on this website is for general reference only and should be independently verified. CondoShield does not guarantee the accuracy or completeness of any data, listings, or building details. Always consult official sources and qualified professionals before making real estate decisions.