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DetachedActive

Varsity · Calgary

5004 Valiant Drive NW, Calgary

$929,900

Varsity, Calgary, Alberta T3A 0Y5 · MLS® A2339483

6
Bedrooms: 2
Bathrooms: 1,150
Sq ft above grade: $809
Per sq ft

About This Property

DSSP APPROVED | DEVELOPMENT LOT | DEVELOPMENT PERMIT APPROVED | SHOVEL READY TO BUILD 4 TOWNHOUSES WITH 4 BASEMENT SUITES. Located in Calgary’s premier and highly sought-after community of Varsity, just minutes from the University of Calgary, Foothills Hospital, Market Mall, and the LRT, this property presents a RARE investment and development opportunity. Take ADVANTAGE of the already approved Development Permit and begin construction immediately, saving valuable time, costs, and uncertainty in the planning process. The existing home features 6 bedrooms, offering excellent holding income potential by renting out individual rooms while preparing for redevelopment. Whether you are an investor, builder, or developer, this is a turnkey opportunity in one of Calgary’s most established and desirable neighbourhoods with strong long-term demand and exceptional future potential.

Property Details

Interior

Bedrooms: 6
Bathrooms: 2 full
Rooms above grade: 6
Above grade: 1,150 sq ft
Main level: 1,150 sq ft
Finished below grade: 1,000 sq ft
Total finished: 2,150 sq ft
Basement: Full · Finished
Laundry: In Unit

Flooring

Vinyl Plank

Building

Property type: Detached
Structure: House
Style: Bungalow
Levels: One
Year built: 1967
Front exposure: S

Construction

Metal Siding

Roof

Asphalt Shingle

Foundation

Poured Concrete

Heating, cooling & services

Heating: Forced Air
Cooling: None

Parking

Garage: Double Garage Detached · 2 spaces
Garage size: 20`0" x 20`0"
Total parking: 2 spaces

Lot & outdoors

Lot size: 5,930 sq ft
Acreage: 0.14 acres
Frontage: 55 ft
Fencing: Cross Fenced, Fenced

Lot features

Back Lane
Back Yard
Cleared
Corner Lot
Rectangular Lot

Outdoor living

Front Porch

Exterior features

Garden

In the community

Schools Nearby
Shopping Nearby
Sidewalks

Costs & ownership

Annual property tax: $4,827 (2026)
Title: Fee Simple
Ownership: Private
Zoning: R-CG
Restrictions: None Known

Listing & availability

MLS® number: A2339483
Listed: Aug 21, 2026
Days on market: 24
Possession: 15 Days / Neg, Negotiable
Listing office: Diamond Realty & Associates Ltd

Included in the sale

Appliances: Dishwasher, Electric Stove, Refrigerator, Washer/Dryer

Inclusions are as advertised by the listing brokerage and are confirmed in the purchase contract, not here.

Contact me for bookings or more information

Questions about this listing, or ready to view it? Stephen will follow up shortly.

Prefer to talk? (403) 827-4943

Selling to buy?

Need to sell your current home to buy this one? Stephen will prepare a free evaluation of your current home.

Request a free evaluation

Estimated Monthly Cost

$4,515.51/mo

Mortgage: $4,113.26
Property tax: $402.25

20% down · 4.49% · 25-yr amortization · estimate only. Excludes insurance, utilities and closing costs.

Listed by Diamond Realty & Associates Ltd

Data provided under license by Pillar 9™.

Listing data updated Sep 7, 2026, 4:30 a.m. MT.

Selling

Thinking of listing your home?

Need to sell to buy this one, or just want a real number? Stephen prepares a free evaluation that accounts for lot, finishes, and current activity in your community.

Request a free evaluation