116 31 Avenue Nw, Calgary

$939,000

4 Beds
4 Baths
1,564 Sqft
.17 Acres
1 Garages

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!

Essential Information
MLS® #A2200376
Price$939,000
Bedrooms4
Bathrooms4.00
Full Baths4
Square Footage1,564
Acres0.17
Year Built1949
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address116 31 Avenue Nw
SubdivisionTuxedo Park
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2M2N9
Amenities
Parking Spaces4
# of Garages1
Parking

Double Garage Detached, Off Street, Parking Pad, Carport

Interior
Interior FeaturesCeiling Fan(s), See Remarks
HeatingCentral, Wall Furnace
CoolingNone
Has BasementYes
BasementFull, Suite
Appliances

Dishwasher, Refrigerator, Stove(s), Washer/Dryer

Exterior
Exterior FeaturesBalcony
Lot DescriptionBack Lane, Cleared
RoofAsphalt Shingle
ConstructionBrick, Stucco, Wood Frame
FoundationPoured Concrete
Additional Information
ZoningR-CG
Listing Details
OfficeCIR Realty
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