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6424 32 Avenue NW
Beds
2
Baths
1
Sqft
977
Year
1952
Type
Single Family
On market
109d
“Incredible opportunity at another improved price, motivated yet?” Welcome to a highly desirable, amenity-rich location — perfect for investors, developers, or buyers looking to secure valuable land with immediate livability. Situated on a large, beautifully treed RC-G zoned lot, this property offers exceptional potential for future redevelopment while providing a charming and comfortable home in the present. Whether you're envisioning multi-unit development, long-term land holding, or a strategic investment, this property checks all the boxes with its generous dimensions and sought-after zoning. The existing home is warm, inviting, and entirely livable — ideal for rental income or personal use while you plan your next steps. Inside, you’ll find a cozy, cabin-inspired atmosphere with a welcoming living room featuring an electric fireplace, perfect for relaxing evenings. The functional layout includes two bedrooms, with one currently used as a bright home office.A standout feature is the updated 3-piece bathroom with a unique shower and sauna combination, offering a spa-like experience at home. Toward the rear, a spacious dining area with a gas fireplace creates an inviting setting for everyday meals or entertaining. The kitchen is well-equipped with abundant cabinetry and modern, lightly used appliances, including a gas stove and convenient European washer/dryer. Outdoor spaces are equally appealing, with mature trees providing privacy and a peaceful setting to enjoy morning coffee or sunny afternoons. The oversized, insulated double detached garage adds further value, offering ample space for vehicles, storage, or workshop use. Additional updates over time include: Over half newer windows and updated rear door windows, 220V electrical panel with partial rewiring, Copper plumbing, Hot water tank (approx. 8 years),Roof shingles (approx. 10 years).This property presents a rare combination of land value, zoning flexibility, and immediate livability — an ideal canvas fo r redevelopment or a smart addition to any investment portfolio .Hold, rent, or build — the choice is yours. For more information, contact the listing agent today. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 11.58 Ft x 8.08 Ft | |
| Bedroom | 11.58 Ft x 9.50 Ft | |
| Primary Bedroom | 11.50 Ft x 9.58 Ft | |
| Dining room | 11.17 Ft x 8.00 Ft | |
| Foyer | 5.67 Ft x 8.00 Ft | |
| Kitchen | 11.25 Ft x 17.33 Ft | |
| Living room | 11.42 Ft x 15.33 Ft |
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).
Cash on cash
-1.15%
Cap rate
4.63%
GRM
13.8
Break-even rent
$3,359
Financing
Operating expenses (monthly)
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Approximation 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.
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 Jun 1, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.