These side-by-side duplexes are registered under a single title with the legal address of 5224 32 Ave NW. The municipal addresses are 5222 32 Ave NW (right side) and 5224 32 Ave NW (left side, attached to a double garage). The property sits on a generous land parcel of about 9,000 square feet, featuring approximately 75 feet of frontage and 120 feet in depth.
Located in the highly desirable community of Varsity, the property offers convenient access to Market Mall, Alberta Children’s Hospital, Highway 1, Stoney Trail, major supermarkets, Bowmont Park, and public transit.
Given the size and prime location, this property presents an excellent redevelopment opportunity. It is well-suited for conversion into multi-family housing, such as townhomes, infill developments, or a fourplex. Both sides are well-suited for secondary suite applications, with parking criteria already fulfilled. With minimum changes, there is potential for up to four units, each approximately 1,000 square feet, offering two bedrooms, one bathroom, a kitchen, and a spacious living and dining area. The lot can accommodate up to five parking spaces, including a double garage and three driveway stalls.
Current layout:
• 5222 (right side):
Features 4 bedrooms (2 upstairs and 2 downstairs), 2 bathrooms (one on each level), a separate basement entrance, a large recreation area, laundry room, and a kitchen. This layout allows for an easy conversion into two separate units.
• 5224 (left side):
Similar in layout to 5222, but includes double garage and basement.
Upgrades (approximate):
• Roof: 2014
• Furnaces (both units): 2010 and 2012
• Some windows: 2014
The Real Property Report (RPR) was completed in 2015 with city compliance. However, the seller cannot guarantee its current validity, as the fence in the backyard was replaced in 2020.
The property is currently vacant, making it easy to show.
THE HOUSE AND ALL CHATTELS WILL BE SOLD "AS-IS, WHERE-IS". PLEASE USE THE PURCHASE CONTRACT IN THE DOCUMENTS PROVIDED.