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Property at 516 32 Avenue NE image 1
Property at 516 32 Avenue NE image 2
Property at 516 32 Avenue NE image 3
Property at 516 32 Avenue NE image 4
Property at 516 32 Avenue NE image 5
50

$639,900

516 32 Avenue NE
Calgary, Alberta, Alberta, T2E2H2

MLS® Number: A2217216
Listed 13 days ago
4 2

Property 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.

Building information

Type

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Appliances

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Architectural Style

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Basement Development

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Basement Features

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Basement Type

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Constructed Date

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Construction Material

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Construction Style Attachment

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Cooling Type

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Exterior Finish

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Flooring Type

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Foundation Type

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Half Bath Total

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Heating Fuel

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Heating Type

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Size Interior

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Stories Total

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Total Finished Area

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Land information

Amenities

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Fence Type

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Landscape Features

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Size Depth

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Size Frontage

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Size Irregular

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Size Total

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Rooms

Main level

4pc Bathroom

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Bedroom

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Primary Bedroom

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Kitchen

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Living room

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Basement

Furnace

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Storage

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Storage

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4pc Bathroom

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Bedroom

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Bedroom

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Kitchen

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Recreational, Games room

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Main level

4pc Bathroom

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Bedroom

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Primary Bedroom

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Kitchen

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Living room

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Basement

Furnace

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Storage

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Storage

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4pc Bathroom

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Bedroom

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Bedroom

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Kitchen

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Recreational, Games room

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Courtesy of RE/MAX Landan Real Estate

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