5224 32 AVE NW, Calgary, AB T3B0j6
5224 32 AVE NW, Calgary, AB T3B0j6
5224 32 AVE NW, Calgary, AB T3B0j6
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$999,990
Est. payment /mo
8 Beds
4 Baths
2,155 SqFt
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Key Details

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Pending

Purchase Type For Sale

Approx. Sqft 2155.21

Square Footage 2,155 sqft

Price per Sqft $464

Subdivision Varsity

MLS Listing ID A2295852

Style Attached-Side by Side,Bi-Level

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1970

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Full Duplex

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.

Location

Province AB

County Cal Zone Nw

Community Clubhouse, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(S), Walking/Bike Paths

Area Cal Zone Nw

Zoning RC-G

Direction NW

Location Details Suite Attached/Within Primary Dwelling

Rooms

Basement Separate/Exterior Entry, Full, Finished

Guest Accommodations Basement

Interior

Interior Features Laminate Counters, No Animal Home, No Smoking Home, Separate Entrance

Heating Forced Air

Cooling None

Flooring Carpet, Laminate, Linoleum

Inclusions fireplace in the basement

Fireplace Yes

Appliance Dishwasher, Dryer, Microwave, Portable Dishwasher, Range Hood, Refrigerator, Stove(s), Washer, Window Coverings

Laundry In Basement

Exterior

Exterior Feature Fire Pit

Parking Features Concrete Driveway, Double Garage Attached, Front Drive, Stall

Garage Spaces 5.0

Fence Fenced

Community Features Clubhouse, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths

Roof Type Flat Torch Membrane

Porch Front Porch

Total Parking Spaces 5

Garage Yes

Building

Lot Description Square Shaped Lot

Dwelling Type Duplex

Faces S

Story Bi-Level

Foundation Poured Concrete

Architectural Style Attached-Side by Side, Bi-Level

Dwelling Type Suite Attached/Within Primary Dwelling

Level or Stories Bi-Level

New Construction No

Others

Restrictions None Known


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Listed by Kingsland Realty

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5224 32 AVE NW