516 32 Avenue NE, CALGARY

2025-09-11
 

Quick Summary

Location
516 32 Avenue NE, CALGARY, Alberta T2E2H2
Price
$609,900 CAD
Status:
For Sale
Property Type:
Single Family
Area:
817 sqft
Bedrooms:
2 bed +2
Bathrooms:
2
Year of Construction:
1955

MLS®#A2255408

Property Description

Welcome to this great condition move in ready bungalow with a NEW ROOF REPLACED IN 2025, 2 bedrooms on main floor and a 2 bedroom illegal basement suite with separate entrance in one of Calgary’s most desirable inner city neighborhoods, Winston Heights. Perfect for first time buyers. Also, PRIME REDEVELOPMENT or investment opportunity on 50’ x 115’ lot zoned R-CG providing the perfect canvas for a redevelopment project including the possibility to build a 4-plex with 4 legal secondary suites eligible for the sought after CMHC MLI SELECT program, or you can hold as a solid cash flowing asset offering great rental income with potential of generating 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 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. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Park, Playground, Schools, Shopping

Building

  • Appliances: Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan
  • Architectural Style: Bungalow
  • Basement Development: Finished
  • Basement Features: Separate entrance, Suite
  • Basement Type: Full (Finished)
  • Construction Style: Detached
  • Cooling Type: None
  • Exterior Finish: Concrete
  • Fireplace: No
  • Flooring Type: Ceramic Tile, Laminate
  • Interior Size: 817 sqft
  • Building Type: House
  • Stories: 1

Features

  • Feature: Back lane

Land

  • Land Size: 534 m2|4,051 - 7,250 sqft

Ownership

  • Type: Freehold

Structure

  • Structure: None

Zoning

  • Description: R-CG

Information entered by RE/MAX Landan Real Estate
Listing information last updated on: 2025-09-11 23:18:58


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$500,000

Your One Percent Realty Commission savings

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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