CalgaryListings Insight This home at 5011 Viceroy Drive NW is a 3-bedroom home with 3 bathrooms. Built in 1967, it is located in the community of Varsity and offers 1,698 sq ft of living space above grade. Standout details include a fully finished basement, a double garage, hardwood flooring, and a fireplace. Before writing, ask about recent comparable sales, inspection items, permits, basement development, and long-term resale fit. This one is new to market, so showing access and offer timing may matter. MLS® A2344292.
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There is a reason Varsity continues to be one of Calgary’s most sought-after communities—and this beautifully updated home offers an opportunity to get into the neighbourhood with the space, lot, and lifestyle that are becoming increasingly difficult to find.
Offering over 2,700 sq. ft. of fully developed living space, 4 bedrooms, 3 bathrooms, and an oversized double garage, this home delivers exceptional value for buyers looking for more than just square footage. Here, you get an established neighbourhood, mature surroundings, a large private yard, meaningful updates, and room for a family to grow—all in one of Calgary’s most desirable NW locations.
Inside, the home has been thoughtfully updated while maintaining the warmth and character that make established homes so appealing. At the centre is the renovated gourmet kitchen, featuring premium finishes, generous cabinetry, plenty of workspace, and a layout designed for both everyday living and entertaining. Spacious principal rooms and large windows create a bright, comfortable atmosphere, while the beautifully renovated main bathroom adds another layer of move-in-ready appeal.
The fully developed lower level extends the functionality of the home even further, offering flexible space for a recreation room, media area, home office, gym, guest space, or a combination that works for your family.
Outside is where the value of this property becomes even more apparent. The large, private backyard backs directly onto an expansive off-leash green space, giving you a sense of openness and privacy that is increasingly hard to find within the city. Enjoy evening sunsets from the west-facing rear deck, while the east-facing front balcony provides a quiet spot for morning coffee and sunrise views.
And then there is Varsity itself. This is a community buyers continue to seek out for its mature trees, larger lots, established schools, parks, pathways, transit, and outstanding access throughout the city. The University of Calgary, Foothills Medical Centre, Market Mall, Bowmont Park, golf, recreation, and everyday amenities are all close by, with major routes making commuting equally convenient.
For buyers comparing newer communities on the outskirts of Calgary, this home presents a compelling alternative: more established surroundings, a generous lot, substantial developed living space, mature landscaping, and an irreplaceable central NW location.
Updated, spacious, private, and exceptionally well located—this is an opportunity to put down roots in Varsity and enjoy the kind of property that simply isn't being built anymore.
Property Taxes
$8,844/yr (2026)
Listing Information
MLS® NumberA2344292
StatusActive
List Price$1, 249, 000
Days on MarketNew listing
OccupancyOwner
Property Details
Property TypeDetached
Architectural StyleBi-Level
ZoningR-CG
Above-Grade Sq Ft1, 698 sq ft
Year Built1967
Bedrooms3
Full Bathrooms3
Total Bathrooms3
Interior
BasementFull, Finished, None
FlooringCarpet, Hardwood, Tile, Vinyl Plank
Fireplaces1
HeatingForced Air, Natural Gas
Air ConditioningNone
Exterior & Parking
ExteriorStone, Stucco, Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Garage Spaces2
Total Parking4
Patio / DeckDeck
Site & Lot
Lot Size6, 598 sq ft
Lot Acres0.15 acres
Lot Width60.17
Lot FeaturesBack Yard, Backs on to Park/Green Space, Landscaped, Many Trees, No Back Lane, No Neighbours Behind, Private, Rectangular Lot, Secluded, Treed
This property has been listed 1 time before — see each asking price, what happened, and any sold prices.
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