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$969,000

5004 Valiant Drive NW

Varsity, Calgary, Alberta

6 bed·2 bath·Detached·MLS® A2339483·15h ago

About this home

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. (id:66681)

Property details

Bedrooms
6
Bathrooms
2
Half baths
0
Year built
1967
Property type
Residential
Building type
Bungalow
Appliances
Refrigerator, Dishwasher, Stove, Washer & Dryer
Parking
Detached Garage (2)
Zoning
R-CG
Community
Varsity
MLS®
A2339483
Days on market
1

Location

Listing information last updated 15h ago. Provided by the listing brokeragevia CREA’s DDF®, deemed reliable but not guaranteed accurate.

Mortgage estimate

Estimate only — actual payments depend on your lender, credit, and closing costs. Uses Canadian semi-annual compounding, as required by law, not the US monthly-compounding convention most templates use.

Down payment

$193,800 (20%)

Base loan amount$775,200

$4,727 / month

First payment: $3,507 interest, $1,221 principal