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 over 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. 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): an attached
• Roof: 2014
• Furnaces (both units): 2014
• Some windows: 2014
The Real Property Report (RPR) was completed in 2015 with city compliance. However, the seller cannot guarantee its current validity, as there may have been changes to the fencing by tenants.
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.
Data was last updated March 26, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
51
Avg list price:
$574,900
Min list price:
$199,900
Max list price:
$2,990,000
Avg days on market:
27
Min days on market:
1
Max days on market:
334
Avg price per sq.ft.:
$444.53
These statistics are generated based on the current listing's property type
and located in
Varsity. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.