For Sale

516, 2 Avenue NE, Alberta, Airdrie

3 Beds 2 Bath 1078 Sqft

$485,000

About Property

INVESTOERS ALERT!!!! Welcome to Old Town Airdrie—a prime location adjacent to the Service Commercial District (CS) that offers real opportunity for developers and savvy buyers. This property sits on a 75 x 120ft lot that could be used in a multitude of different ways for future development, or kept intact as a move-in ready home with a live/work setup. The current improvements consist of a fully developed 1,078 sq ft air-conditioned bungalow that has been extensively upgraded inside and out. On the main level you’ll find two bedrooms with California closets, a large office/den with built-in shelving, and an open-concept kitchen and dining area featuring, SS appliances, a gas stove & granite countertops and a breakfast bar. The front entrance opens to a bright living room with a fully operational brick fireplace and gas lighter, adding both ambiance and warmth. The master bedroom opens directly onto a huge deck, perfect for outdoor entertaining. The main level also includes a fully updated four-piece bath. The lower level is fully developed with an additional bedroom, a three-piece bath, laundry, and a spacious games or family room that includes an efficient firebox-style insert for cozy winter nights. Parking is ample, with space for six vehicles and an oversized single-car garage/shop that provides flexible space for a home office, studio, or small business operations. This is a rare blend of residential comfort with instant live/work potential in a walkable, revitalizing neighborhood. From an investment perspective, the property’s CS zoning and subdivision potential into three lots offer multiple exit strategies: you can subdivide for sale as individual parcels, assemble for a larger development, or maintain a single-site live/work configuration with ongoing cash flow. Old Town Airdrie benefits from high visibility and easy access to major corridors, services, and amenities, making it attractive for both tenants and buyers seeking convenience and character. The neighborhood offers a mix of local shops, dining, parks, schools, and transit options that support sustained demand for versatile spaces. Note - some of the pictures are virtually staged.

3 Bedrooms
2 Bathrooms
1078 sq ft
Garage
SingleFamilyResidence
Built 1970
Pending
1 Floor
Interior Details
  • Bookcases
Outdoor Details
  • Fire Pit
MLS Number
237334519
Price
$485,000

Bedrooms
3
Bathroom
2

Square Footage
1078 sq ft
Property Type
RES

Community Name
Features
Forced Air,Natural Gas,Wood, None

Parking Space Total
Lot Size
Bathroom Total
2
Bedrooms Total
3

Appliances
Brick,Vinyl Siding,Wood Frame
Cooling Type
Central Air

Constructed Date
1970
Heating Type
Forced Air,Natural Gas,Wood

Pool
Exterior Finish
Bungalow

Fireplace Present
Yes
Fireplace Total
2

Flooring Type
Carpet,Hardwood,Laminate,Linoleum
Foundation Type
Poured Concrete

Half Bath Total
0
Stories Total
1

Size Interior
1078
Total Finished Area
1078
Spaces

Details
Carport,Single Garage Detached
LEVEL
TYPE
LENGTH
WIDTH
DIMENSIONS

Mr. Amandeep Budhail

Call Us

+1 (403) 470-3527

Website

https://www.crown-realty.ca

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