Listing Details

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Data was last updated 2026-08-23 at 10:30:07 GMT

5004 Valiant Drive NW   Calgary, Alberta

$969,000
MLS®: A2339483
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.

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.

Listing Information

Prop. Type:
Detached
Property Style:
Bungalow
Status:
Active
City:
Calgary
Bedrooms:
6
Full Bathrooms:
2
Neighbourhood:
Varsity
Area:
Calgary
Province:
Alberta
MLS® Number:
A2339483
Listing Price:
$969,000

General Information

Year Built:
1967
Total Square Feet:
1150ft2

Additional Information

Basement Dev:
Full
Parking:
Double Garage Detached

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This property is listed by Diamond Realty & Associates Ltd and provided here courtesy of Raena Gartner . For more information or to schedule a viewing please contact Raena Gartner .
Raena Gartner
RE/MAX House of Real Estate
Phone: (403) 287 3880
Mobile Phone: (403) 978 5540
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.