March 10, 2025

Data was last updated 2025-03-08 at 13:15:04 GMT
$939,000

116 31 Avenue NW   Calgary, Alberta

MLS®: A2200376
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Attention Investors and Developers! Discover this exceptional turnkey investment opportunity in the highly sought-after neighborhood of Tuxedo Park, featuring a rare 62-foot frontage and 120-foot depth with R-CG zoning. This fully occupied revenue property offers stunning downtown city views and generates FIVE SEPARATE INCOME STREAMS, including a coin-operated laundry. The property features four self-contained illegal units, each designed for maximum comfort and privacy, with separate entrances, charming decks, green spaces, and captivating views.  Set on a large lot with immense redevelopment potential, especially under the current blanket rezoning, this property is perfect for investors seeking steady income and future growth. The prime location offers unbeatable convenience, with quick access to downtown, top-rated K-12 schools, SAIT, the University of Calgary, public transit, and major routes throughout the city?all within a 20-minute drive. This is a rare opportunity to secure a high-performing investment property in one of NW Calgary?s best neighborhoods. Act now and invest in your future!
Attention Investors and Developers! Discover this exceptional turnkey investment opportunity in the highly sought-after neighborhood of Tuxedo Park, featuring a rare 62-foot frontage and 120-foot depth with R-CG zoning. This fully occupied revenue property offers stunning downtown city views and generates FIVE SEPARATE INCOME STREAMS, including a coin-operated laundry. The property features four self-contained illegal units, each designed for maximum comfort and privacy, with separate entrances, charming decks, green spaces, and captivating views. Set on a large lot with immense redevelopment potential, especially under the current blanket rezoning, this property is perfect for investors seeking steady income and future growth. The prime location offers unbeatable convenience, with quick access to downtown, top-rated K-12 schools, SAIT, the University of Calgary, public transit, and major routes throughout the city?all within a 20-minute drive. This is a rare opportunity to secure a high-performing investment property in one of NW Calgary?s best neighborhoods. Act now and invest in your future!

Listing Information

Prop. Type:
Detached
Property Style:
Bungalow
Status:
Active
City:
Calgary
Bedrooms:
4
Full Bathrooms:
4
Neighbourhood:
Tuxedo Park
Area:
Calgary
Province:
Alberta
MLS® Number:
A2200376
Listing Price:
$939,000

General Information

Year Built:
1949
Total Square Feet:
1564ft2

Additional Information

Basement Dev:
Full, Suite
Parking:
Carport, Double Garage Detached, Off Street, Parking Pad

VIP-Only Information

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This property is listed by CIR Realty and provided here courtesy of Kathy Anderson. For more information or to schedule a viewing please contact Kathy Anderson.
Kathy Anderson
CIR Realty LTD
Phone: 403-969-2347
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.