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Home Communities Varsity 5031 Viceroy Drive NW
$1,399,900 Sold
5031 Viceroy Drive NW · Calgary · T3A 0V2
3 bd 3.0 ba 2,264 sqft $618/sqft Built 1966
MLS® A2275791 · Listed Jan 21, 2026
Listed by Royal LePage Blue Sky — George Costa
By the numbers

How this listing measures up

$/sqft $618
vs Varsity median +94% community avg $721K
Sqft per bedroom 755
Year built 1966
Annual taxes $7,725 2025
Garage 1 space
$/sqft distribution

Where this listing sits in Varsity

Of 72 active residential listings in Varsity, this property at $618/sqft sits in the $600–650 range.
$150–$200/sqft · 1 listing $200–$250/sqft · 2 listings $250–$300/sqft · 8 listings $300–$350/sqft · 6 listings $350–$400/sqft · 8 listings $400–$450/sqft · 4 listings $450–$500/sqft · 10 listings $500–$550/sqft · 5 listings $550–$600/sqft · 6 listings $600–$650/sqft · 4 listings $650–$700/sqft · 8 listings $700–$750/sqft · 6 listings $750–$800/sqft · 0 listings $800–$850/sqft · 4 listings $150 $250 $350 $450 $550 $650 $750 $850 This · $618
Other active listings This listing's price range This listing

About this property

Discover the pinnacle of executive living in this stunning 2,624 sq ft home perched overlooking the serene Varsity Ravine Park. This prime ravine location offers unparalleled tranquility and breathtaking natural views, while being ideally situated on a quiet street in one of Calgary's most sought-after neighborhoods. Step inside to a distinctive floor plan filled with natural light from towering windows adorned with remote-control blinds and custom reflective film—perfect for the west-facing kitchen, dining room, and living room that features a cozy wood-burning fireplace. The heart of the home is the extensively updated kitchen, boasting a large island with a built-in chopping block, gas stove, wine fridge, and newer stainless-steel appliances. Extensive updates include custom built-in cabinetry throughout, enhancing both style and functionality. The upper level welcomes you to a luxurious primary retreat complete with a spacious walk-in closet and a spa-like ensuite featuring a double sink, heated floors, and a no-step walk-in shower with elegant glass block wall. The upper level contains an additional bedroom, and a convenient den overlook the living space below, offering inspiring ravine vistas. The main level provides flexibility with a large recreation room and a bright breakfast nook, ideal for everyday living or entertaining. The lower level features a spacious bedroom with a walk-in closet and built-in storage, plus a 4-piece bathroom. Outdoor living is effortless with a low-maintenance backyard featuring multi-level decks, an outdoor kitchen, and a storage shed backing directly onto the ravine—your private oasis for relaxing and entertaining. The front of the home offers a cozy sitting area and a large driveway leading to an oversized single garage. This exceptional property is perfectly positioned close to the University of Calgary, Market Mall, Foothills Hospital, and just a short walk to the Dalhousie LRT station—combining peaceful ravine seclusion with unbeatable urban convenience. Truly a must see to appreciate the pride of ownership.

Property details

Bedrooms3
Bathrooms3.0
Style4 Level Split
HeatingForced Air
CoolingNone
FlooringCarpet,Hardwood,Tile
Levels4 Level Split
BasementFull
Basement developmentFinished
Interior featuresCentral Vacuum,Closet Organizers,Double Vanity,High Ceilings,Kitchen Island,Natural Woodwork,No Smoking Home,Pantry,Storage,Walk-In Closet(s)
AppliancesDishwasher,Garage Control(s),Garburator,Gas Stove,Range Hood,Refrigerator,Washer/Dryer,Water Softener,Window Coverings,Wine Refrigerator
InclusionsStorage shed. R.O. system.
LaundryMain Level
Lot size5930.00 sqft
Frontage54.01 ft
Lot featuresBack Yard,Backs on to Park/Green Space,Front Yard,Low Maintenance Landscape,No Neighbours Behind,Rectangular Lot
Exterior featuresOutdoor Kitchen
FencingFenced
PatioDeck,Patio,Pergola,See Remarks
Year built1966
Construction materialsStucco,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresConcrete Driveway,Front Drive,Garage Door Opener,Garage Faces Front,Heated Garage,Insulated,Off Street,Oversized,Single Garage Attached
Garage spaces1
Parking total3
Annual taxes$7,725
Tax year2025
PossessionNegotiable
ZoningR-CG
TitleFee Simple
RestrictionsUtility Right Of Way
NeighbourhoodVarsity
Community featuresPark,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths
List AORCalgary

Location

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About Varsity

AI-generated summary

A well-established northwest Calgary community with a mature, relaxed feel, known for its tree-lined streets and proximity to the University of Calgary. Varsity balances quiet suburban living with convenient access to major amenities.

Bordered by the University of Calgary to the south and Market Mall to the west
Varsity Ravine provides a natural green corridor through the community
Alberta Children's Hospital and Foothills Medical Centre are a short drive away
Housing
Predominantly single-family detached homes from the 1960s–1980s, with some townhouses and low-rise condominiums, offering solid value in a mature setting.
Transit
Served by Calgary Transit bus routes with the University of Calgary CTrain station (Red Line) nearby, making car-free commuting to the core feasible.
Amenities
Market Mall shopping centre is steps away, and residents enjoy easy access to the Bow River pathways, Varsity Ravine Park, and the wide range of services along Crowchild Trail NW.
Who lives here
A mix of long-time homeowners, university faculty and staff, and families drawn to the established neighbourhood character and proximity to the University of Calgary and Alberta Children's Hospital.
Full Varsity community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

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Listed by: Royal LePage Blue Sky — George Costa.