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Home Communities Montgomery 1-5032 16 Avenue NW
$599,900 Expired
1-5032 16 Avenue NW · Calgary · T3B 0N3
bd ba 1,280 sqft $469/sqft Built 1961
MLS® A2262914 · Listed Oct 8, 2025
Listed by Real Broker — Belle Joshi
By the numbers

How this listing measures up

$/sqft $469
vs Montgomery median -50% community avg $1203K
Sqft per bedroom
Year built 1961
Annual taxes $108,488 2025
Montgomery avg DOM 29d
$/sqft distribution

Where this listing sits in Montgomery

Of 27 active residential listings in Montgomery, this property at $469/sqft sits in the $450–500 range.
$250–$300/sqft · 1 listing $300–$350/sqft · 2 listings $350–$400/sqft · 3 listings $400–$450/sqft · 4 listings $450–$500/sqft · 8 listings $500–$550/sqft · 3 listings $550–$600/sqft · 3 listings $600–$650/sqft · 1 listing $650–$700/sqft · 0 listings $700–$750/sqft · 1 listing $750–$800/sqft · 0 listings $800–$850/sqft · 0 listings $850–$900/sqft · 0 listings $900–$950/sqft · 1 listing $250 $350 $450 $550 $650 $750 $850 $950 This · $469
Other active listings This listing's price range This listing

About this property

An excellent opportunity to acquire a well-established and profitable pub located in NW Calgary, positioned in a prime, high-traffic area with close proximity to downtown. This turnkey operation features a welcoming interior with 45 capacity, a large licensed patio with an additional 45 capacity, and a loyal customer base built over years of consistent service. Offering multiple revenue streams including food, beverage, and stable gaming income, the business delivers strong year-round performance with room for growth under new ownership. Perfect for an experienced operator or investor seeking a proven hospitality business in one of Calgary’s most accessible and vibrant corridors.

Property details

Inclusionssee equipment list upon NDA
Lot size21592.00 sqft
Year built1961
Annual taxes$108,488
Tax year2025
PossessionImmediate,Negotiable
ZoningC-COR2 f3.0h16
RestrictionsNone Known
NeighbourhoodMontgomery
List AORCalgary

Location

Sold comparables in Montgomery

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About Montgomery

AI-generated summary

A mature, riverside community with a relaxed, unpretentious character blending long-time locals with newcomers drawn to its proximity to the Bow River and easy access to the mountains.

Borders the Bow River, offering direct access to extensive riverside pathways
Close proximity to the University of Calgary and Foothills Medical Centre
16th Avenue NW (Trans-Canada Highway) provides a quick westward escape to the Rockies
Housing
Predominantly post-war bungalows and infill developments, with a growing number of modern duplexes and semi-detached homes replacing older stock.
Transit
Served by several Calgary Transit bus routes with connections toward the University District and downtown, though a personal vehicle is useful for most errands.
Amenities
Home to a growing strip of independent restaurants and shops along 16th Avenue NW, with Shouldice Athletic Park and the Bow River pathway system nearby.
Who lives here
A mix of long-established families, young professionals, and university-affiliated residents who value outdoor access and a tight-knit community feel.
Full Montgomery community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

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Listed by: Real Broker — Belle Joshi.