Property Details

Featured in:

Winners:

Featured in:

Winners:

516 32 Avenue NE
Calgary (A2217216)

$669,900
4
2
817 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

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 details

Basic Info

MLS® #
A2217216
Property Type:
Residential
Subtype:
Detached
Subdivision:
Winston Heights/Mountview
Price
$669,900
Sale/Lease:
For Sale
Size:
817 sq.ft.
Bedrooms:
4
Bathrooms:
2
Year Built:
1955 (70 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
No
Parking:
Parking Pad
Fence:
Fenced
Basement:
Separate/Exterior Entry, Finished, Full, Suite
Features:
Separate Entrance
Inclusions:
N/A
Appliances:
Dishwasher, Dryer, Electric Stove, Microwave, Range Hood, Refrigerator
Laundry:
In Basement
Exterior Features:
None
Patio/Porch Features:
None

Neighborhood Info

Nearby Amenities:
Park, Playground, Schools Nearby, Shopping Nearby

Lot / Land Info

Lot Size:
0.13 acres
Lot Features:
Back Lane, Landscaped, Rectangular Lot
Zoning:
R-CG

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Concrete,Wood Frame
Floors:
Ceramic Tile, Laminate
Foundation:
Poured Concrete
Heating:
Forced Air, Natural Gas
Cooling:
None
Amenities:
Park, Playground, Schools Nearby, Shopping Nearby

Listing Info

Possession:
Negotiable
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Grassroots Realty Group Ltd.
1-833-477-6687

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