516 32 Avenue NE Active Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2E2H2
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 817 sqft
Price per Sqft $819
Subdivision Winston Heights/Mountview
MLS Listing ID A2217216
Style Bungalow
Bedrooms 4
Originating Board Calgary Real Estate Board
Year Built 1955
Lot Size 5,747 Sqft
Acres 0.13195427
Property Sub-Type Freehold
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. (id:24570)
Location
Province AB
Rooms
Kitchen 2.0
Extra Room 1 Basement 10.50 Ft x 10.83 Ft Recreational, Games room
Extra Room 2 Basement 12.50 Ft x 8.83 Ft Kitchen
Extra Room 3 Basement 10.50 Ft x 9.58 Ft Bedroom
Extra Room 4 Basement 11.08 Ft x 10.58 Ft Bedroom
Extra Room 5 Basement 7.42 Ft x 4.92 Ft 4pc Bathroom
Extra Room 6 Basement 4.33 Ft x 5.08 Ft Storage
Interior
Heating Forced air,
Cooling None
Flooring Ceramic Tile,Laminate
Exterior
Parking Features No
Fence Fence
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Lot Description Landscaped
Story 1
Architectural Style Bungalow
Others
Ownership Freehold