OPEN HOUSE SUNDAY August 3rd 2-4pm! Prime Opportunity in Varsity Acres – Priced for IMMEDIATE ACTION at $719,000!! Welcome to this well-maintained and thoughtfully updated bungalow located in one of Calgary’s most sought-after neighbourhoods – Varsity Acres. This home has had just three owners since it was built, reflecting a long history of pride and care. Perfectly situated on a quiet street, inside a school zone, you’re just steps away from top-rated schools, transit, Market Mall, the University of Calgary, and Foothills Hospital. This is a rare opportunity to secure location, lifestyle, and long-term potential all in one package. Key Features: Over 1,200sqft on the main floor, BEAUTIFULLY RENOVATED main bathroom, UPDATED kitchen with newer cabinetry and appliances, ORIGINAL HARDWOOD FLOORS with timeless character. Three spacious main-floor bedrooms, FULLY FINISHED BASEMENT with a large bedroom next to a bathroom, plus plenty of room for a sectional, TV area, and bar setup – ideal for relaxing or entertaining. Outdoor Highlights: SUNNY, WEST-FACING BACKYARD for afternoon light and evening enjoyment. Large, functional deck – perfect for summer BBQs. EXTRA-LARGE DOUBLE DETACHED GARAGE with ample storage, and workshop space. Bonus space beside the garage offers potential for an additional parking pad – great for a third vehicle, RV, or trailer. Bonus Value: Priced well below the 2024 City of Calgary assessed value of $823,000. Listing price reflects the home’s current condition, including an aging roof, original windows and doors, and a weathered, but fully usable deck. Pre-inspection report available – offering transparency and peace of mind for prospective buyers. While some features remain original, the home is structurally sound and provides the perfect canvas to upgrade and build equity over time. Classic mid-century design, lovingly maintained – with important updates already done, including the kitchen and main bathroom. RARE OPPORTUNITY to get into Varsity Acres on a full-sized lot at this price, in a quiet and mature location. If you’re looking for a Varsity bungalow with excellent fundamentals, modern touches, and real investment potential, this is the one. IMMEDIATE POSSESSION AVAILABLE. Book your private showing today – homes like this don’t last long in Varsity Acres.
Property Details
Price:
$719,000
MLS #:
A2241835
Status:
Active
Beds:
4
Baths:
2
Address:
5007 Vallance Crescent NW
Type:
Single Family
Subtype:
Detached
Subdivision:
Varsity
City:
Calgary
Listed Date:
Jul 22, 2025
Province:
AB
Finished Sq Ft:
1,228
Postal Code:
307
Lot Size:
6,264 sqft / 0.14 acres (approx)
Year Built:
1965
See this Listing
Rob Johnstone is a trusted Calgary Realtor with over 30 years of real estate experience. He has evaluated thousands of properties and is a recognized expert in Calgary home and condo sales. Rob offers accurate home evaluations either by email or through in-person appointments. Both options are free and come with no obligation. His focus is to provide honest advice and professional insight, helping Calgary homeowners make confident decisions when it’s time to sell their property.
More About RobMortgage Calculator
Schools
Interior
Appliances
Dishwasher, Dryer, Freezer, Garage Control(s), Garburator, Gas Stove, Range Hood, Refrigerator, Washer, Water Softener
Basement
Finished, Full
Bathrooms Full
2
Laundry Features
In Basement, Laundry Room
Exterior
Exterior Features
Garden, Private Yard
Lot Features
Pie Shaped Lot
Lot Size Dimensions
Front/ West: 12.80, South: 34.75, East: 21.96, North: 33.52
Parking Features
Additional Parking, Alley Access, Double Garage Detached, Garage Door Opener, Garage Faces Rear, Off Street, R V Access/ Parking
Parking Total
2
Patio And Porch Features
Deck, Front Porch
Roof
Asphalt Shingle
Financial
Map
Community
- Address5007 Vallance Crescent NW Calgary AB
- SubdivisionVarsity
- CityCalgary
- CountyCalgary
- Zip CodeT3A 0T7
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5007 Vallance Crescent NW
Calgary, AB
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