116 31 Avenue NW Calgary

116 31 Avenue NW, Calgary, Alberta

$939,000

  • 4
  • 4
1,564 Square Feet
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! (id:59963)
  • Listing ID: A2200376
  • Property Type: Single Family
  • Year Built: 1949
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Rooms

LevelTypeDimensions
Basement3pc Bathroom5.83 M x 5.08 M
Basement3pc Bathroom6.00 M x 11.08 M
BasementBedroom11.75 M x 10.58 M
BasementKitchen16.42 M x 13.42 M
BasementKitchen17.92 M x 9.00 M
Main LevelKitchen10.58 M x 8.33 M
Main LevelKitchen9.08 M x 14.92 M
Main Level3pc Bathroom10.58 M x 5.00 M
Main Level3pc Bathroom7.17 M x 8.42 M
Main LevelBedroom11.67 M x 11.08 M
Main LevelBedroom10.50 M x 12.00 M
Main LevelBedroom10.42 M x 9.42 M
Main LevelOffice11.25 M x 13.50 M

Details

  • Architectural Style: Bungalow
  • Amenities Nearby: Park, Playground, Schools
  • Features: See remarks, Back lane
  • Ownership: Freehold
  • Parking Spaces: 4
  • Plan: 2617AG
  • Transaction: For sale
  • Zoning Description: R-CG

Building

  • Appliances: Refrigerator, Dishwasher, Stove, Washer & Dryer
  • Architectural Style: Bungalow
  • BasementType: Full
  • Basement Features: Suite
  • Bedrooms Main Level: 3
  • Bedrooms Lower Level: 1
  • Constructed Date: 1949
  • Constructed Material: Wood frame
  • Construction Style Attachment: Detached
  • Cooling: None
  • Exterior Finish: Brick, Stucco
  • Fireplace Present: False
  • Flooring: Carpeted, Laminate, Linoleum
  • Foundation: Poured Concrete
  • Bathrooms (Total): 4
  • Heating: Central heating, Other
  • Size Interior: 1563.96 sqft
  • Stories Total: 1
  • Total Finished Area: 1563.96 sqft
  • Type: House

Land

  • Amenities: Park, Playground, Schools
  • Fence: Not fenced, Partially fenced
  • Land Disposition: Cleared
  • Size Frontage: 18.97 m
  • Size Irregular: 7502.45
  • Size Total: 7502.45 sqft|7,251 - 10,889 sqft

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Tuxedo Park Real Estate & Community Guide

Tuxedo Park is located in Northeast Calgary. To learn more about this beautiful neighbourhood, visit our Tuxedo Park community page or let us put you in touch with a real estate agent specializing in the Calgary Real Estate Market.

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    This property for sale located at 116 31 Avenue NW in Calgary was last modified on March 8th 2025. Let us connect you with one of our real estate agents to schedule a viewing or subscribe to other properties for sale in Calgary.

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