516 32 Avenue Ne, Calgary

$669,900

4 Beds
2 Baths
817 Sqft
.13 Acres
0 Garages

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.

Essential Information
MLS® #A2217216
Price$669,900
Bedrooms4
Bathrooms2.00
Full Baths2
Square Footage817
Acres0.13
Year Built1955
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address516 32 Avenue Ne
SubdivisionWinston Heights/Mountview
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2E 2H2
Amenities
Parking Spaces2
ParkingParking Pad
Interior
Interior FeaturesSeparate Entrance
HeatingForced Air, Natural Gas
CoolingNone
Has BasementYes
Appliances

Dishwasher, Dryer, Electric Stove, Microwave, Range Hood, Refrigerator

Basement

Exterior Entry, Finished, Full, Suite

Exterior
Exterior FeaturesNone
RoofAsphalt Shingle
ConstructionConcrete, Wood Frame
FoundationPoured Concrete
Lot Description

Back Lane, Landscaped, Rectangular Lot

Additional Information
ZoningR-CG
Listing Details
OfficeRE/MAX Landan Real Estate
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