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Renanza Realty
For sale

529 18 Avenue NW

Calgary, Alberta

MLS® A2349882

$850,000

Status
Active
Property type
House
MLS® number
A2349882
Bedrooms
5
Bathrooms
5
Year built
1945

Listing description

INVESTORS, MULTI GENERATIONAL FAMILIES & REDEVELOPMENT OPPORTUNITY! Welcome to 529 18 Avenue NW, ideally located in the highly sought after community of Mount Pleasant. Situated on an exceptional 50 x 120 ft lot just a short walk from 16 Avenue, this property offers an incredible opportunity for investors, large or multi generational families, renovators, and those looking to build value in one of Calgary’s established inner city communities.

Spanning three levels and 2,460 sq ft, this substantial home offers 5 bedrooms and 5 bathrooms, providing plenty of space for a growing family or the potential to reimagine the existing layout to suit your needs. The home features mature landscaping and a massive heated 29'4" x 20'11" garage, offering excellent space for vehicles, storage, hobby shop, or additional flexibility for future plans. The property is zoned R-C2 Residential Contextual One/Two Dwelling, providing a range of redevelopment possibilities.

The R-C2 designation allows for contextually sensitive redevelopment of single detached, semi detached and duplex homes, with opportunities for a secondary suite or backyard suite, subject to applicable City of Calgary regulations and approvals. Combined with the generous lot dimensions and inner city location, this property presents significant potential for those looking to renovate, hold, redevelop or create a property tailored to their long term goals. The location is exceptionally convenient, with 16 Avenue’s restaurants, cafes, shops and amenities just minutes away.

SAIT is nearby, while the University of Calgary is easily accessible. Quick access to Deerfoot Trail makes commuting throughout Calgary convenient, and downtown is only minutes away. YYC International Airport is also a short drive from the property.

Whether you are looking for a spacious home for a large or multi generational family, an investment property with redevelopment potential, or an inner city project to transform, 529 18 Avenue NW offers a rare combination of lot size, existing space, zoning flexibility and location. Opportunities like this in Mount Pleasant do not come along often.

Property summary

MLS® number
A2349882
Property type
Single Family
Building type
House
Square footage
2,460 sq ft
Title
Freehold
Land size
5995.5 square feet
Built in
1945
Annual property taxes
$5,270.00
Parking
4 spaces · Detached Garage
Days on market
3 days

Features & details

Heating
In Floor Heating
Cooling
None
Basement
Finished, Full, Walk-up, Suite
Flooring
Carpeted, Wood
Appliances
Refrigerator, Dishwasher, Stove, Microwave
Lot features
Back lane, Level

What would this home cost you?

Based on the $850,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,955 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of 2% Realty, CALGARY.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.