JV Realty

Jonathan Varkey REALTOR®

(587) 436-4289

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516 32 Avenue NE, Calgary, Alberta

$609,900

4 Beds
2 Baths
817 Square Feet

Welcome to this great condition move in ready bungalow with a NEW ROOF REPLACED IN 2025, 2 bedrooms on main floor and a 2 bedroom illegal basement suite with separate entrance in one of Calgary’s most desirable inner city neighborhoods, Winston Heights. Perfect for first time buyers. Also, PRIME REDEVELOPMENT or investment opportunity on 50’ x 115’ lot zoned R-CG providing the perfect canvas for a redevelopment project including the possibility to build a 4-plex with 4 legal secondary suites eligible for the sought after CMHC MLI SELECT program, or you can hold as a solid cash flowing asset offering great rental income with potential of generating 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 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:23309)

Listing ID: A2255408
Property Type: Single Family
Year Built: 1955

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Rooms

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

Details

Architectural Style: Bungalow
Amenities Nearby: Park, Playground, Schools, Shopping
Features: Back lane
Ownership: Freehold
Parking Spaces: 2
Plan: 5942AD
Structure: None
Transaction: For sale
Zoning Description: R-CG

Building

Appliances: Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan
Architectural Style: Bungalow
BasementType: Full (Finished)
Basement Development: Finished
Basement Features: Separate entrance, Suite
Bedrooms Main Level: 2
Bedrooms Lower Level: 2
Constructed Date: 1955
Constructed Material: Poured concrete, Wood frame
Construction Style Attachment: Detached
Cooling: None
Exterior Finish: Concrete
Fireplace Present: False
Flooring: Ceramic Tile, Laminate
Foundation: Poured Concrete
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 817 sqft
Stories Total: 1
Total Finished Area: 817 sqft
Type: House

Land

Amenities: Park, Playground, Schools, Shopping
Fence: Fence
Landscape Features: Landscaped
Size Frontage: 15.26 m
Size Irregular: 534.00
Size Total: 534 m2|4,051 - 7,250 sqft

Listing provided by RE/MAX Landan Real Estate
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 516 32 Avenue NE in Calgary Alberta. It was last modified on September 11th, 2025. Contact Jonathan Varkey to schedule a viewing or to discover other Calgary real estate for sale.

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