516 32 Avenue Ne, Calgary, Alberta T2E 2H2

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$639,900

Highlights

$639,900

Price

4

Beds

2

Baths

817 sqft

Lot

For sale

Status

A2217216

MLS® ID

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. (id:55690)

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    FEATURES AND AMENITIES

    Property Features

    • MLS® Number A2217216
    • Price $639,900
    • Bedrooms: 4
    • Bathrooms: 2
    • Square Footage: 817 sqft
    • Property Type: House
    • Community Name: Winston Heights/Mountview
    • Amenities Near By Park, Playground, Schools, Shopping
    • Features Back Lane
    • Parking Space Total 2
    • Plan 5942ad
    • Structure None

    Buildings

    Bathroom Total 2 Bedrooms Above Ground 2
    Bedrooms Below Ground 2 Bedrooms Total 4
    Appliances Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan Architectural Style Bungalow
    Basement Development Finished Basement Features Separate Entrance, Suite
    Basement Type Full (finished) Constructed Date 1955
    Construction Material Poured Concrete, Wood Frame Construction Style Attachment Detached
    Cooling Type None Exterior Finish Concrete
    Flooring Type Ceramic Tile, Laminate Foundation Type Poured Concrete
    Heating Fuel Natural Gas Heating Type Forced Air
    Stories Total 1 Size Interior 817 Sqft
    Total Finished Area 817 Sqft Type House

    Parking

    Parking Pad

    Land

    Acreage No Fence Type Fence
    Land Amenities Park, Playground, Schools, Shopping Landscape Features Landscaped
    Size Depth 35.03 M Size Frontage 15.26 M
    Size Irregular 534.00 Size Total 534 M2|4,051 - 7,250 Sqft
    Size Total Text 534 M2|4,051 - 7,250 Sqft Zoning Description R-cg

    Rooms

    Level Type Dimensions
    Basement Recreational, Games Room 10.50 Ft x 10.83 Ft
    Basement Kitchen 12.50 Ft x 8.83 Ft
    Basement Bedroom 10.50 Ft x 9.58 Ft
    Basement Bedroom 11.08 Ft x 10.58 Ft
    Basement 4pc Bathroom 7.42 Ft x 4.92 Ft
    Basement Storage 4.33 Ft x 5.08 Ft
    Basement Storage 3.67 Ft x 4.25 Ft
    Basement Furnace 10.92 Ft x 12.50 Ft
    Main Level Living Room 11.17 Ft x 15.08 Ft
    Main Level Kitchen 11.67 Ft x 12.67 Ft
    Main Level Primary Bedroom 11.17 Ft x 10.83 Ft
    Main Level Bedroom 11.58 Ft x 10.58 Ft
    Main Level 4pc Bathroom 8.25 Ft x 4.83 Ft

    Agents and Offices

    • Ron Carriere
    • Office: RE/MAX Landan Real Estate

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