Diane Richardson

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T2H 2C3


Diane Richardson 

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CALGARY MLS REAL ESTATE LISTINGS

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516 2 Avenue NE
Old Town Airdrie T4B 1R4

$485,000
Residential beds: 3 baths: 2.0 1,078 sq. ft. built: 1970

Main Photo: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Photo 1: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Photo 2: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Photo 3: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Photo 4: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Photo 5: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Photo 6: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Photo 7: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Photo 8: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Photo 9: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Photo 10: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Photo 11: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Photo 12: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Photo 13: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Photo 14: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Photo 15: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Photo 16: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Photo 17: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Photo 18: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Photo 19: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Photo 20: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Photo 21: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Photo 22: 516 2 Avenue NE in Airdrie: Old Town Detached for sale : MLS®# A2278819
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2278819
Bedrooms:
3
Bathrooms:
2
Year Built:
1970
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.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
Bungalow
Total Living Area:
1,078 sq. ft.
Main Level Finished Area:
1,078 sq. ft.
Acreage:
No
Lot Area:
8,998 sq. ft.
Lot Frontage:
74'10"
Front Exposure:
South
Levels:
One
Total Rooms Above Grade:
6
Year built:
1970 (Age: 56)
Bedrooms:
3 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
5541R
Heating:
Forced Air, Natural Gas, Wood
Basement:
Full, Finished, None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Hardwood, Laminate, Linoleum
Cooling:
Central Air
Fireplaces:
2
Fireplace Details:
Wood Burning
Garage:
Yes
Garage Spaces:
1
Parking:
Carport, Single Garage Detached
Parking Places:
5
Parking Total/Covered:
5 / -
Laundry Features:
None
Old Town (Airdrie)
Dishwasher, Gas Stove, Humidifier, Range Hood, Refrigerator, Window Coverings, Central Air Conditioner
none
None Known
Floor
Type
Size
Other
Main Floor
Dining Room
10'7" × 4'
Main Floor
Kitchen
10'2" × 9'4"
Main Floor
Entrance
6'2" × 4'3"
Main Floor
Den
13' × 7'
Main Floor
Bedroom
9'5" × 8'9"
Main Floor
Bedroom - Primary
12'11" × 12'11"
Main Floor
Living Room
15'3" × 12'
Basement
Family Room
23'11" × 21'10"
Basement
Furnace/Utility Room
15'10" × 15'10"
Basement
Bedroom
16'1" × 9'9"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
6'11" x 13'
Basement
No
3
5'5" x 7'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Street Lights
Interior Features:
Bookcases
Exterior Features:
Fire Pit
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Landscaped, Level, Private, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Airdrie
Zoning:
R1-V
Listed Date:
Jan 16, 2026
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Listed by CIR Realty
Data was last updated January 21, 2026 at 12:05 PM (UTC)
Area Statistics
Listings on market:
354
Avg list price:
$567,000
Min list price:
$199,900
Max list price:
$1,469,000
Avg days on market:
44
Min days on market:
1
Max days on market:
319
Avg price per sq.ft.:
$337.07
These statistics are generated based on the current listing's property type and located in Airdrie. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON

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All acreages for sale near Calgary come with detailed photos, neighborhood information, and amenities. When you come across a property that piques your interest and you're ready for a closer look, feel free to reach out to me via email, text, or phone call. I'll be delighted to arrange a private viewing at your convenience.

Contact Diane Richardson at 403.397.3706 for any further inquiries.

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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™.
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