516 32 Avenue NE
Calgary, AB, T2E 2H2
$599,900
4 Beds
2 Baths
817 SqFt
0.13 Acres
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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.

Property Details

Price:
$599,900
MLS #:
A2255408
Status:
Pending
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Winston Heights/Mountview
Listed Date:
Sep 12, 2025
Finished Sq Ft:
817
Lot Size:
5,747 sqft / 0.13 acres (approx)
Year Built:
1955
Winston Heights/mountviewFinished,full,separate/exterior Entry,suiteBack Lane,landscaped,rectangular Lot

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Schools

Interior

Appliances
Dishwasher, Dryer, Electric Stove, Microwave, Range Hood, Refrigerator
Basement
Finished, Full, Separate/Exterior Entry, Suite
Bathrooms Full
2
Laundry Features
In Basement

Exterior

Exterior Features
None
Lot Features
Back Lane, Landscaped, Rectangular Lot
Parking Features
Parking Pad
Parking Total
2
Patio And Porch Features
None
Roof
Asphalt Shingle

Financial

Map

Community

Subdivisions in Calgary

Market Summary

Current real estate data for Single Family in Calgary as of Oct 13, 2025
4,238
Single Family Listed
46
Avg DOM
473
Avg $ / SqFt
$828,333
Avg List Price

Property Summary

    Located in the Winston Heights/Mountview subdivision, 516 32 Avenue NE Calgary AB is a Single Family for sale in Calgary, AB, T2E 2H2. It is listed for $599,900 and features 4 beds, 2 baths, and has approximately 817 square feet of living space, and was originally constructed in 1955. The current price per square foot is $734. The average price per square foot for Single Family listings in Calgary is $473. The average listing price for Single Family in Calgary is $828,333. To schedule a showing of MLS#a2255408 at 516 32 Avenue NE in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .

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516 32 Avenue NE
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