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Legal suiteMLS® A2334947

235 32 Avenue NW

$800,000
4 bed2 bath862 sqftSingle FamilyBuilt 1949
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Facts & details

Bedrooms
4
Beds (above / below grade)
2 / 2
Bathrooms
2
Living area
862 square feet
Year built
1949
Property type
Single Family
Structure
House
Basement
Partially finished, Full
Heating
Forced air, Natural gas
Cooling
None
Flooring
Other
Parking spaces
4
Parking
Detached Garage, Carport
Lot size
716 square meters
Zoning
R-C2
Subdivision
Tuxedo Park
Property tax
$4,910 (2026)
Suite evidence from listing

"legal basement suite"

About this home

Prime Location + Extra-Deep Lot = Unlimited Potential!!! If you know real estate, you know that location and lot size are everything and this property delivers on both fronts in a big way. Situated on a massive 50’ by 154’ extra-deep lot, this home offers the next owner endless possibilities, whether that means a full redevelopment or simply completing the renovation work that has already been started. The location is equally impressive, as the property sits just a few blocks from the Max Green rapid bus transit line, providing quick and efficient access to Downtown Calgary, as well as excellent connections to Centre Street and 4th Street for getting around the city with ease. For investors looking to maximize value, much of the heavy lifting has already been taken care of, which means you can save both time and money on the upfront work. The home comes with newer windows, a high-efficiency furnace installed in 2013, and a brand new high-efficiency hot water tank that has been installed but has yet to be turned on and a 200-amp service to the updated panel. Inside the main floor has been fully framed and the stairs have been strategically repositioned to allow the next owner to develop a legal basement suite, a feature that adds significant potential. The main floor layout has been framed to accommodate a traditional two bedroom, one bathroom design, while the basement has been thoughtfully framed to include two additional bedrooms, one bathroom, a kitchen, and a living room. Making for a well planned and highly functional dual living setup. Overall, this is an amazing property with unlimited potential, whether you are a new investor looking for your first project or a seasoned developer searching for your next opportunity. With its prime location, deep lot and carefully considered floor plan, this home is truly ready for someone with vision to take it across the finish line. Book your showing today and start imagining what you can build here. (id:65709)

Work with a specialist

Buying or selling a home with a legal suite?

Connect with Dusko Sremac and the REPYYC × Real Broker team — Calgary REALTORS® who specialize in legal secondary suites. We verify registry, permits, and rental potential before you write an offer.

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Existing representation: Not intended to solicit buyers or sellers currently under a written service agreement with another real estate brokerage. If you are already represented, please contact your existing real estate representative. Any discussion of an offer or representation is subject to confirming your existing agency relationship. Learn more.

Listing content (MLS® A2334947) is courtesy of REMAX Innovations, provided by the Canadian Real Estate Association (CREA) via the DDF® feed. Information is deemed reliable but not guaranteed. See MLS® / DDF® compliance & disclaimers.

Disclaimer: Listing data and suite classifications are deemed reliable but not guaranteed and should be independently verified. Always confirm the legal status of any secondary suite — including registry, permits, and code compliance — with a licensed REALTOR® (such as Dusko Sremac at REPYYC × Real Broker), the City of Calgary, and qualified professionals before making any purchase or investment decision.