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Home Communities Varsity 5011 Viceroy Drive NW
$1,398,000 Active
5011 Viceroy Drive NW · Calgary · T3A 0V2
4 bd 3.0 ba 1,699 sqft $823/sqft Built 1967
MLS® A2318914 · Listed Jun 26, 2026
Listed by Century 21 Bamber Realty LTD. — Mark Evernden
By the numbers

How this listing measures up

$/sqft $823
vs Varsity median +95% community avg $718K
Sqft per bedroom 425
Year built 1967
Annual taxes $8,281 2025
Garage 2 spaces
$/sqft distribution

Where this listing sits in Varsity

Of 73 active residential listings in Varsity, this property at $823/sqft sits in the $800–850 range.
$150–$200/sqft · 1 listing $200–$250/sqft · 2 listings $250–$300/sqft · 8 listings $300–$350/sqft · 6 listings $350–$400/sqft · 9 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 · $823
Other active listings This listing's price range This listing

About this property

Welcome to this beautifully updated family home in the heart of Varsity, one of Calgary's most established and sought-after communities. Offering over 2,700 sq. ft. of fully developed living space, this exceptional residence combines timeless charm with thoughtful modern updates in an unbeatable location. Featuring 4 bedrooms, 3 bathrooms, and an oversized double garage, this home has been designed with both everyday family living and entertaining in mind. From the moment you arrive, you'll appreciate the pride of ownership and extensive updates completed throughout the home, including a stunning gourmet kitchen and beautifully renovated main bathroom. The heart of the home is the chef-inspired kitchen, thoughtfully designed with premium finishes, ample cabinetry, generous workspace, and an ideal layout for gathering with family and friends. Spacious and inviting principal rooms provide plenty of room for both relaxation and entertaining, while large windows fill the home with natural light throughout. The fully developed lower level provides incredible flexibility with additional living space ideal for a recreation room, media area, home gym, office, or guest accommodations. Step outside and discover one of this home's most impressive features—a large, private backyard backing directly onto an expansive off-leash green space. Whether you have children, pets, or simply appreciate privacy and nature, this setting is truly special. Enjoy warm summer evenings on the west-facing deck as you take in breathtaking sunsets, while the east-facing front balcony offers the perfect place to start your day watching the sunrise with a morning coffee. Perfectly positioned in the highly coveted community of Varsity, this home offers exceptional access to some of Calgary's most desirable amenities. Located just minutes from the Foothills Medical Centre, University of Calgary, Southern Alberta Institute of Technology, and the prestigious Silver Springs Golf & Country Club, this location is ideal for professionals, academics, and families alike. Outdoor enthusiasts will also love the close proximity to Bowmont Park, extensive pathway systems, and the natural beauty of nearby parks and green spaces. With top-rated schools, shopping, transit, recreation facilities, and easy access to major routes, this is a rare opportunity to own a beautifully updated home on a premium lot in one of Calgary's most enduring and family-friendly neighbourhoods.

Property details

Bedrooms4
Bathrooms3.0
StyleBi-Level
HeatingForced Air,Natural Gas
CoolingNone
FlooringCarpet,Hardwood,Tile,Vinyl Plank
LevelsBi-Level
BasementFull
Basement developmentFinished
Interior featuresCeiling Fan(s),Kitchen Island,Open Floorplan,Recessed Lighting
AppliancesDishwasher,Electric Cooktop,Garage Control(s),Microwave,Range Hood,Refrigerator,Washer/Dryer Stacked,Window Coverings
InclusionsN/A
LaundryLower Level,Main Level,Multiple Locations
Lot size6598.00 sqft
Frontage60.17 ft
Lot featuresBack Yard,Backs on to Park/Green Space
Exterior featuresBalcony,Private Yard
FencingFenced
PatioDeck
Year built1967
Construction materialsStone,Stucco,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresAggregate,Double Garage Attached,Front Drive,Garage Door Opener,Garage Faces Front,Heated Garage,Oversized
Garage spaces2
Parking total4
Annual taxes$8,281
Tax year2025
PossessionBy Date Specified
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: Century 21 Bamber Realty LTD. — Mark Evernden.