5224 32 Avenue NW, Calgary, Alberta, T3B0j6
5224 32 Avenue NW, Calgary, Alberta, T3B0j6
Varsity, Calgary
- $999,990
- $999,990
- A2295852
- 8
- 4
- 2155.21
- 0.20
- 1970
Property Description
Summary:
This side-by-side duplex, situated on a single title, presents a premier investment or redevelopment opportunity in the highly sought-after community of Varsity. Located at the legal address of 5224 32 Ave NW, the property includes two municipal addresses: 5222 (Right Side) and 5224 (Left Side, featuring an attached double garage).
Land & Location:
The property sits on a generous 9,000 sq. ft. lot (75’ frontage x 120’ depth). Its prime location offers effortless access to Market Mall, the Alberta Children’s Hospital, the University of Calgary, Bowmont Park, and major commuter routes including Highway 1 and Stoney Trail.
Development Potential:
With its substantial lot size and R-C2 zoning context, this property is an ideal candidate for multi-family conversion, such as townhomes, infill developments, or a fourplex. A secondary suite would be subject to approval and permitting by the city/municipality.
Secondary Suite Potential: Both sides are well-suited for potential secondary suite applications, with parking criteria already fulfilled.
Unit Configuration: With minimal modifications, the property can accommodate four distinct units (approx. 1,000 sq. ft. each), typically featuring 2 bedrooms, 1 bathroom, and spacious living/dining areas.
Parking: The lot accommodates up to five parking spaces, including the double garage and three driveway stalls.
Current Layouts:
5222 (Right Side): Features 4 bedrooms (2 up/2 down) and 2 bathrooms. Includes a separate basement entrance, large recreation area, laundry room, and kitchen, ideal for an easy two-unit conversion.
5224 (Left Side): Similar layout to 5222, with the added benefit of the attached double garage.
Mechanical & Structural Upgrades (Approximate):
Roof: 2014.
Furnaces: 2010 and 2012.
Windows: Select windows replaced in 2014.
RPR: A 2015 Real Property Report with City Compliance is available. Please note: The seller cannot guarantee current RPR validity as the backyard fence was replaced in 2020.
Terms of Sale:
The property is currently vacant and easy to show. The house and all chattels are being sold “As-Is, Where-Is.” Please use the specific purchase contract provided in the supplements/documents tab.
Property Details
-
Property Type Detached, Full Duplex, Residential
-
MLS Number A2295852
-
Property Size 2155.21 sqft
-
Bedrooms 8
-
Bathrooms 4
-
Garage 1
-
Year Built 1970
-
Property Status Active
-
Parking 5
-
Brokerage name Kingsland Realty
Features & Amenities
- 3 Level Split
- Attached-Side by Side
- Bi-Level
- Clubhouse
- Concrete Driveway
- Dishwasher
- Double Garage Attached
- Dryer
- Fire Pit
- Flat Torch Membrane
- Forced Air
- Front Drive
- Front Porch
- Full
- Laminate Counters
- Microwave
- No Animal Home
- No Smoking Home
- Park
- Playground
- Portable Dishwasher
- Range Hood
- Refrigerator
- Schools Nearby
- Separate Entrance
- Shopping Nearby
- Sidewalks
- Stall
- Stove s
- Street Lights
- Tennis Court s
- Walking Bike Paths
- Washer
- Window Coverings
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