116 31 Avenue Nw, Calgary

$899,000

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

Attention Investors and Developers! A rare lot with limitless potential.
Discover this exceptional turnkey investment opportunity in the highly sought-after neighborhood of Tuxedo Park. Situated on a rare 62-foot wide by 120-foot deep lot with R-CG zoning, this property offers stunning downtown city views and significant redevelopment potential.

The home contains four self-contained illegal suites, each with its own entrance, deck or green space, and access to beautiful city views. These units are designed for privacy and comfort, appealing to long-term tenants.

This is an ideal property for future redevelopment or long-term holding, especially with the recent city-wide rezoning policies encouraging greater density. Located minutes from downtown, SAIT, U of C, top-rated schools, public transit, and major roadways, the convenience and potential here are unmatched.

Don't miss this rare chance to invest in one of Calgary’s most desirable inner-city communities.

Essential Information
MLS® #A2211167
Price$899,000
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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