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516 32 Avenue NE
Calgary
T2E 2H2
$669,900
Residential
beds: 4
baths: 2.0
817 sq. ft.
built: 1955
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2217216
- Bedrooms:
- 4
- Bathrooms:
- 2
- Year Built:
- 1955
- Photos (45)
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Prime Redevelopment or Investment Opportunity in Winston Heights! This 50’ x 115’ inner city lot in one of Calgary’s most desirable neighborhoods, Winston Heights, offers incredible potential. Zoned R-CG, this property provides the perfect canvas for a redevelopment project, including the possibility to build a 4-plex with 4 legal secondary suites, or you can hold as a solid cash-flowing asset. Currently, the property features a 2-bedroom main floor unit and a 2-bedroom illegal basement suite with its own separate entrance, offering great rental income potential. The property could generate over $3,500 per month in rental income, making it an ideal choice for investors. The location is unbeatable – just minutes to downtown and Deerfoot Trail, half a block from major bus routes to SAIT and the University of Calgary, and directly across from Georges P. Vanier School. Enjoy easy access to nearby parks, the Winston Golf Course and local shopping, making this property perfect for families and tenants alike. Whether you’re looking to redevelop or hold for steady rental income, this is an opportunity you won’t want to miss.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- Suite - Illegal
- Home Style:
- Bungalow
- Total Living Area:
- 817 sq. ft.
- Main Level Finished Area:
- 817 sq. ft.
- Lower Level Finished Area:
- Signup
- Above Grade Finished Area:
- Signup
- Below Grade Finished Area:
- 748 sq. ft.
- Taxes:
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- Tax Assessed Value:
- Signup
- HOA Fee Includes:
- Signup
- Lot Area:
- 5,747 sq. ft.
- Lot Frontage:
- 50'1"
- Acres Cleared:
- Signup
- Acres Cultivated:
- Signup
- Acres Irrigated:
- Signup
- Acres Leasehold:
- Signup
- Acres Not Cultivated:
- Signup
- Acres Freehold:
- Signup
- Acres Seeded:
- Signup
- Acres Tame Hay:
- Signup
- Acres Treed:
- Signup
- Acres Waste:
- Signup
- Acres Water Rights:
- Signup
- Front Exposure:
- South
- Reg. Size:
- Signup
- Reg. Size Includes:
- Signup
- Levels:
- One
- Total Rooms Above Grade:
- 4
- Year built:
- 1955 (Age: 70)
- Bedrooms:
- 4 (Above Grd: 2)
- Bedrooms Above Grade:
- 2
- Bedrooms Below Grade:
- 2
- Bathrooms:
- 2.0 (Full:2, Half:0)
- Plan:
- 5942AD
- Heating:
- Forced Air, Natural Gas
- Basement:
- Separate/Exterior Entry, Finished, Full, Suite
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Concrete, Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Ceramic Tile, Laminate
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- 0
- Parking:
- Parking Pad
- Parking Places:
- 2
- Parking Total/Covered:
- 2 / -
- Laundry Features:
- In Basement
- Winston Heights/Mountview
- Dishwasher, Dryer, Electric Stove, Microwave, Range Hood, Refrigerator
- N/A
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Living Room
- 15'1" × 11'2"
- Main Floor
- Kitchen
- 12'8" × 11'8"
- Main Floor
- Bedroom - Primary
- 11'2" × 10'10"
- Main Floor
- Bedroom
- 11'7" × 10'7"
- Basement
- Game Room
- 10'10" × 10'6"
- Basement
- Kitchen
- 12'6" × 8'10"
- Basement
- Bedroom
- 10'6" × 9'7"
- Basement
- Bedroom
- 11'1" × 10'7"
- Basement
- Storage
- 5'1" × 4'4"
- Basement
- Storage
- 4'3" × 3'8"
- Basement
- Furnace/Utility Room
- 12'6" × 10'11"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 4'10" x 8'3"
- Basement
- No
- 4
- 4'11" x 7'5"
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby
- Interior Features:
- Separate Entrance
- Exterior Features:
- None
- Patio And Porch Features:
- None
- Lot Features:
- Back Lane, Landscaped, Rectangular Lot
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- R-CG
- Listed Date:
- May 02, 2025
- Days on Mkt:
- Signup
-
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Listed by RE/MAX Landan Real Estate
Data was last updated May 21, 2025 at 10:05 PM (UTC)
Area Statistics
- Listings on market:
- 16
- Avg list price:
- $799,000
- Min list price:
- $349,000
- Max list price:
- $2,599,900
- Avg days on market:
- 31
- Min days on market:
- 5
- Max days on market:
- 111
- Avg price per sq.ft.:
- $602.99
These statistics are generated based on the current listing's property type
and located in
Winston Heights/Mountview. Average values are
derived using median calculations.
- TODD W. KLEWCHUK
- Royal LePage Solutions
- 1 (403) 615.3442
- realtortoddk@gmail.com
