516 2 AVE NE Airdrie, AB T4B1R4

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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1078.0
Square Footage 1,078 sqft
Price per Sqft $449
Subdivision Old Town
MLS Listing ID A2278819
Style Bungalow
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1970
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Detached
Property Description
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.
Location
State AB
Community Park, Playground, Schools Nearby, Shopping Nearby, Street Lights
Zoning R1-V
Direction NE
Rooms
Basement None, Full, Finished
Interior
Interior Features Bookcases
Heating Forced Air, Natural Gas, Wood
Cooling Central Air
Flooring Carpet, Hardwood, Laminate, Linoleum
Fireplaces Number 2
Fireplaces Type Wood Burning
Inclusions none
Fireplace Yes
Appliance Central Air Conditioner, Dishwasher, Gas Stove, Humidifier, Range Hood, Refrigerator, Window Coverings
Laundry None
Exterior
Exterior Feature Fire Pit
Parking Features Carport, Single Garage Detached
Garage Spaces 1.0
Fence Fenced
Community Features Park, Playground, Schools Nearby, Shopping Nearby, Street Lights
Roof Type Asphalt Shingle
Porch Deck
Total Parking Spaces 5
Garage Yes
Building
Lot Description Back Lane, Landscaped, Level, Private, Rectangular Lot
Dwelling Type House
Faces S
Story One
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
New Construction No
Others
Restrictions None Known
Nearby Locations
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