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CIR Realty
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116 31 Avenue NW
Tuxedo Park
Calgary
T2M 2N9
$939,000
Residential
beds: 4
baths: 4.0
1,564 sq. ft.
built: 1949
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2200376
- Bedrooms:
- 4
- Bathrooms:
- 4
- Year Built:
- 1949
- Photos (48)
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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!
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Suite:
- Suite - Illegal
- Home Style:
- Bungalow
- Total Living Area:
- 1,563.96 sq. ft.145 m2
- Main Level Finished Area:
- 1,563.96 sq. ft.145 m2
- Below Grade Finished Area:
- 1,454.89 sq. ft.135 m2
- Lot Area:
- 7,502 sq. ft.697 m2
- Lot Frontage:
- 62'2¾"19 m
- Front Exposure:
- South
- Unit Exposure:
- South
- Levels:
- One
- Total Rooms Above Grade:
- 6
- Year built:
- 1949 (Age: 76)
- Bedrooms:
- 4 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 1
- Bathrooms:
- 4.0 (Full:4, Half:0)
- Plan:
- 2617AG
- Heating:
- Central, Wall Furnace
- Basement:
- Full, Suite
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Brick, Stucco, Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Carpet, Laminate, Linoleum
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- 1
- Garage Spaces:
- 1
- Parking:
- Carport, Double Garage Detached, Off Street, Parking Pad
- Parking Places:
- 4
- Parking Total/Covered:
- 4 / -
- Laundry Features:
- Common Area
- Tuxedo Park
- Dishwasher, Refrigerator, Stove(s), Washer/Dryer
- 1 Dishwasher, 4 Stoves, 4 Fridges, 1 Washer & 1 Dryer (coin operated)
- Airspace Restriction
- Floor
- Type
- Size
- Other
- Main Floor
- Kitchen
- 34'9"10.60 m × 27'4"8.33 m
- Main Floor
- Kitchen
- 48'11"14.90 m × 29'9"9.07 m
- Main Floor
- Bedroom
- 38'3"11.70 m × 36'4"11.10 m
- Main Floor
- Bedroom
- 39'4"12.00 m × 34'5"10.50 m
- Main Floor
- Bedroom
- 34'2"10.40 m × 30'11"9.42 m
- Main Floor
- Office
- 44'3"13.50 m × 36'11"11.30 m
- Basement
- Bedroom
- 38'7"11.80 m × 34'9"10.60 m
- Basement
- Kitchen
- 53'10"16.40 m × 44'13.40 m
- Basement
- Kitchen
- 58'10"17.90 m × 29'6"8.99 m
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 3
- 16'5" x 34'9"
- Main Floor
- No
- 3
- 27'8" x 23'6"
- Basement
- No
- 3
- 16'8" x 19'2"
- Basement
- No
- 3
- 36'4" x 19'8"
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby
- Interior Features:
- Ceiling Fan(s), See Remarks
- Exterior Features:
- Balcony
- Patio And Porch Features:
- Front Porch
- Lot Features:
- Back Lane, Cleared
- Num. of Parcels:
- 0
- Fencing:
- None, Partial
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- R-CG
- Listed Date:
- Mar 07, 2025
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Listed by CIR Realty
Data was last updated March 9, 2025 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 17
- Avg list price:
- $849,800
- Min list price:
- $305,900
- Max list price:
- $1,149,000
- Avg days on market:
- 17
- Min days on market:
- 2
- Max days on market:
- 58
- Avg price per sq.ft.:
- $500.51
These statistics are generated based on the current listing's property type
and located in
Tuxedo Park. Average values are
derived using median calculations.
- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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.