
UPDATED:
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
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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