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Legal suiteNew build

$1,399,000

525 32 Street NW

Save this home

Beds

6

Baths

5 full + 1 half

Sqft

Year

2025

Type

Single Family

Suite

Legal suite

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Situated just steps from the Bow River in the highly sought after community of Parkdale, this sophisticated modern residence offers over 3,600 sq ft of beautifully curated living space, blending elevated design with exceptional functionality. The bright, open concept main floor welcomes you with a spacious entry and a stunning front dining area, highlighted by an illuminated feature wall that adds warmth and architectural interest. A glass enclosed office provides a perfect work-from-home setting, while the heart of the home, an exquisite designer kitchen, impresses with an expansive 10’ quartz waterfall island, built-in wall oven and microwave, gas cooktop, and sleek cabinetry. Striking glass panelled black fronts anchor the cooking space, complemented by crisp white shaker cabinetry for a refined modern aesthetic. A thoughtfully designed pantry with bar area and beverage fridge enhances both form and function. At the rear, the airy living room with a contemporary gas fireplace opens effortlessly to the west facing backyard and low maintenance deck through sliding glass doors. The second floor offers three generous bedrooms, each with its own walk-in closet, a full bathroom, and a well appointed laundry room with sink. The primary sanctuary features floor-to-ceiling windows, a striking feature wall, and a custom walk-in closet. The luxurious 6pc ensuite boasts heated floors, a steam shower, and a deep soaker tub for a luxurious escape. The third floor loft is exceptional offering incredible versatility and elevated living. Enjoy a built-in desk area, convenient coffee bar, and a front balcony with downtown views. This level also hosts a second primary suite, complete with a private rear balcony, walk-in closet, and a lavish 6pc ensuite with heated floors, a deep soaker tub, and an oversized glass shower. The fully developed basement features a separate entrance leading to a legal suite. This thoughtfully designed space includes two spacious bedrooms, a 4pc bathroom , its own laundry, and a stylish kitchen with warm wood cabinetry, eat-up island, and full appliance package. The inviting living room is anchored by a modern media wall, while access to the utility room reveals a tankless hot water system. Outside, the landscaped yard offers ample green space for kids and pets, and leads to a double detached garage. Additional upgrades include rough-ins for security, AC, and central vacuum, along with exposed aggregate steps and walkways. Ideally located, you’re just steps to Foothills Medical Centre, and only minutes from Alberta Children's Hospital and the vibrant University District, offering an incredible mix of dining, shopping, and everyday amenities. Surrounded by parks, pathways, cafés, and the natural beauty of the Bow River, this exceptional home delivers the perfect balance of luxury, comfort, and convenience. (id:65958)

Subtype
Single Family
Structure
Duplex
Community
Parkdale
Common interest
Freehold
Living area
2,683 square feet
Lot size
2,997 square feet
Lot dimensions
2997.00
Bedrooms
4 above grade, 2 below grade
Parking
2 total
Stories
3
Fireplace
1
On market
Mar 18, 2026
Status changed
Apr 20, 2026
Annual tax
$4,688.18 (2025)
Zoning
R-CG
Photos
50
MLS#
A2293675
Area
CALGARY_NW

Features and systems

Parking

Detached Garage

Basement

FinishedFullSeparate entranceSuite

Appliances

WasherRefrigeratorCooktop - GasDishwasherDryerMicrowaveOven - Built-InHood Fan

Heating

Forced airIn Floor HeatingNatural gas

Cooling

See Remarks

Exterior

Vinyl siding

Construction

Wood frame

Flooring

TileHardwood

Foundation

Poured Concrete

Lot

Back laneCloset OrganizersNo Animal HomeNo Smoking Home

View

View
Negative cash flow ~$161/mo at these assumptions

Cash on cash

-0.69%

Cap rate

4.73%

GRM

13.9

Break-even rent

$8,569

Financing

Down payment$279,800
Loan amount$1,119,200
Mortgage$5,671/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$641
Insurance$80
Maintenance$1,166
CapEx reserve$583
Vacancy loss$420

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $5,671/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.

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