Diane Richardson

Cell: 403-397-3706 |

Experience Elevated Living: Penthouse Condos for Sale in Calgary

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516 32 Avenue NE
Winston Heights/Mountview Calgary T2E 2H2

$669,900
Residential beds: 4 baths: 2.0 817 sq. ft. built: 1955

Main Photo: 516 32 Avenue NE in Calgary: Winston Heights/Mountview Detached for sale : MLS®# A2217216
Photo 1: 516 32 Avenue NE in Calgary: Winston Heights/Mountview Detached for sale : MLS®# A2217216
Photo 2: 516 32 Avenue NE in Calgary: Winston Heights/Mountview Detached for sale : MLS®# A2217216
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Photo 45: 516 32 Avenue NE in Calgary: Winston Heights/Mountview Detached for sale : MLS®# A2217216
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2217216
Bedrooms:
4
Bathrooms:
2
Year Built:
1955
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.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Suite - Illegal
Home Style:
Bungalow
Total Living Area:
817 sq. ft.
Main Level Finished Area:
817 sq. ft.
Below Grade Finished Area:
748 sq. ft.
Lot Area:
5,747 sq. ft.
Lot Frontage:
50'1"
Front Exposure:
South
Levels:
One
Total Rooms Above Grade:
4
Year built:
1955 (Age: 70)
Bedrooms:
4 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
5942AD
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Ceramic Tile, Laminate
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Parking Pad
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Winston Heights/Mountview
Dishwasher, Dryer, Electric Stove, Microwave, Range Hood, Refrigerator
N/A
None Known
Floor
Type
Size
Other
Main Floor
Living Room
15'1" × 11'2"
Main Floor
Kitchen
12'8" × 11'8"
Main Floor
Bedroom - Primary
11'2" × 10'10"
Main Floor
Bedroom
11'7" × 10'7"
Basement
Game Room
10'10" × 10'6"
Basement
Kitchen
12'6" × 8'10"
Basement
Bedroom
10'6" × 9'7"
Basement
Bedroom
11'1" × 10'7"
Basement
Storage
5'1" × 4'4"
Basement
Storage
4'3" × 3'8"
Basement
Furnace/Utility Room
12'6" × 10'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'10" x 8'3"
Basement
No
4
4'11" x 7'5"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby
Interior Features:
Separate Entrance
Exterior Features:
None
Patio And Porch Features:
None
Lot Features:
Back Lane, Landscaped, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
May 02, 2025
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Listed by RE/MAX Landan Real Estate
Data was last updated May 13, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$799,000
Min list price:
$565,000
Max list price:
$2,599,900
Avg days on market:
31
Min days on market:
5
Max days on market:
102
Avg price per sq.ft.:
$624.22
These statistics are generated based on the current listing's property type and located in Winston Heights/Mountview. Average values are derived using median calculations.
DIANE RICHARDSON
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.