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5062 50 Avenue
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Beds
—
Baths
—
Sqft
5,423
Year
1951
Type
Other
On market
75d
Welcome to a truly unique live/work opportunity in the heart of Stavely — where flexibility, space, and potential come together under one expansive roof.Zoned for commercial use, this property offers incredible versatility for entrepreneurs, tradespeople, or anyone looking to operate a business from home. The front portion of the building features a large, heated shop space with high ceilings — ideal for automotive work, mechanical services, or a wide range of business ventures. With existing workspace areas and office potential, it’s easy to envision this as a fully functional commercial hub.Connected to the shop is a substantial multi-purpose area currently suited for recreation, storage, or further business development, alongside a dedicated workshop space perfect for woodworking or hands-on trades. The scale and layout open the door to countless possibilities — from retail or studio space to service-based operations.At the rear of the property, a spacious residential living area provides comfort and separation from the work environment. The open-concept great room creates a welcoming atmosphere, complemented by three bedrooms, including a primary suite with ensuite and dressing room. Recent appliance upgrades and roof A/C add everyday convenience.Situated on a large lot with additional features like RV parking, outdoor entertaining areas, and flexible exterior space, this property is well-suited for both business operations and personal enjoyment.Whether you’re launching a new venture, expanding an existing one, or seeking the freedom of a live/work lifestyle beyond the bustle of Calgary, this property offers a rare and compelling opportunity to do it all in one place. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 13, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Stavely. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.