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$485,000
Alberta,Airdrie
For Sale Active
516 2 Avenue NE, Airdrie, Alberta T4B1R4
  • 3
  • 2
  • 1,078 Sqft
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Basic Details
Description

INVESTOERS ALERT!!!! Welcome to Old Town Airdrie—a prime location in 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 neighborh ood 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. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: A2278819
  • Price: $485,000
  • Bedrooms: 3
  • Bathrooms: 2
  • Square Footage: 1,078 Sqft
  • Year Built: 1970
  • Status: Active
  • Office Name: CIR Realty
  • Property Sub Type: Single Family
  • Office Key: 54464
Features & Appliances
Features
  • Heating System: Wood, Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: Finished, Full
  • Fence: Fence
  • Parking: Detached Garage, Carport
  • Architectural Style: Bungalow
  • Exterior Features: Brick, Vinyl siding
  • Flooring: Laminate, Hardwood, Linoleum, Carpeted
  • Fireplaces Total: 2
Address Map
  • Location: CA, Alberta, Airdrie, Old Town, T4B1R4
  • Street: 2
  • Street Number: 516
  • Street Suffix: Avenue
  • Longitude: W115° 59' 49''
  • Latitude: N51° 17' 37.9''
  • Street Dir Suffix: Northeast
Additional Information
  • Construction Materials:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 8998.00
  • Stories: 1.0
Financial
  • Tax Annual Amount: 3686
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Listing updated: 2026-01-16 18:06:20
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Listing Information
  • List Agent Key: 1924225
  • List Office Key: 54464
  • Modification Timestamp: 2026-01-16T17:25:47Z
  • Originating System Name: Calgary Real Estate Board
  • Status Change Timestamp: 2026-01-16T17:16:30Z
Powered by REALTOR.ca
Listing updated: 2026-01-16 18:06:20
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