Calgary Neighbourhood Profile
Varsity
NW Calgary · Population 12,040 (2021 Census)
Avg. Assessed Value
Year-over-Year
Properties
Permits Since 2024
Property Assessments
Varsity’s average assessed property value of $684,106 sits 11% below the city-wide average of $769,559. The neighbourhood’s established housing stock provides a mix of property types across a range of price points. Year-over-year, assessments rose +18.0%, outpacing the city average of +14.0%.
The average year of construction across Varsity’s 5,813 properties is 1982, representative of Calgary’s suburban boom in the late 1970s and 1980s.
| Year | Avg. Assessed Value | Properties | Change |
|---|---|---|---|
| 2025 | $700,218 | 5,702 | +18.0% |
| 2024 | $593,640 | 5,808 | +10.5% |
| 2023 | $537,297 | 5,799 | — |
Source: City of Calgary Property Assessment dataset. Residential properties only (assessment class RE).
Building Permit Activity
Since January 2024, Varsity has had 267 building permits issued with a total estimated project cost of $53,650,595. This includes 42 new construction permits totalling $11,456,704 in estimated investment and 20 demolition permits.
New Construction
Renovations & Other
Demolitions
Total Investment
Source: City of Calgary Building Permits dataset. Permits issued since January 2024.
Community Disorder Statistics
Calgary Police Service recorded 347 disorder events in Varsity during 2024, down 28.7% from the previous year. Per capita, that translates to 28.8 events per 1,000 residents, compared to the city-wide average of 49.6 per 1,000.
Varsity’s disorder rate falls within the typical range for Calgary communities of similar size and density.
| Year | Disorder Events | Change |
|---|---|---|
| 2024 | 347 | -28.7% |
| 2023 | 487 | -9.5% |
| 2022 | 538 | — |
Source: Calgary Police Service Community Disorder Statistics via City of Calgary Open Data. “Disorder” includes disturbances, noise complaints, threats, and public safety incidents.
Demographics (2021 Census)
Varsity had a population of 12,040 in the 2021 Census. With 24% of residents aged 65 and older, Varsity has a mature population profile reflecting its established character and long-time homeowners.
Ages 0–19 (19%)
Ages 20–39 (28%)
Ages 40–64 (29%)
Ages 65+ (24%)
Source: 2021 Census of Canada, applied to 2022 City of Calgary community boundaries.
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Data Sources
- Property assessments: Current and Historical datasets
- Building permits: Building Permits dataset
- Disorder statistics: Community Disorder Statistics (Calgary Police Service)
- Demographics: 2021 Census by Community
Contains information licensed under the Open Government Licence – City of Calgary.
Data is provided “as is” and may contain errors or omissions. This site is not affiliated with, endorsed by, or operated by the City of Calgary.
Last updated: April 12, 2026