227 31 Avenue NE Calgary, AB T2E 2G1

$700,000
4
Beds
2
Baths
0.14
Acres
896
SQFT
781
$/SQFT
$700,000
4
Beds
2
Baths
896   sf
$781 / sf
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active
1/29
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This well-maintained bungalow on a 50' x 120' R-CG lot offers incredible potential for redevelopment, investment, or rental income. Featuring a separate entrance to an illegal suite, the home includes 2 bedrooms, a bright living area, and a functional kitchen on the main floor, plus an additional 2 bedrooms, second kitchen, (illegal suite) and living space in the lower level—ideal for tenants or multi-generational living. The property also boasts a single-car garage and a spacious backyard.Located in the sought-after inner-city community of Tuxedo Park, this home is just minutes from downtown, transit, schools, shopping, and amenities. Enjoy quick access to Edmonton Trail, Centre Street, and 16th Ave, making commutes and travel a breeze. The neighborhood is known for its tree-lined streets, parks, and proximity to great local restaurants, cafes, and shopping on Centre Street. Whether you're looking to build, invest, or move in, this is a rare opportunity in a rapidly developing area.

This well-maintained bungalow on a 50' x 120' R-CG lot offers incredible potential for redevelopment, investment, or rental income. Featuring a separate entrance to an illegal suite, the home includes 2 bedrooms, a bright living area, and a functional kitchen on the main floor, plus an additional 2 bedrooms, second kitchen, (illegal suite) and living space in the lower level—ideal for tenants or multi-generational living. The property also boasts a single-car garage and a spacious backyard.Located in the sought-after inner-city community of Tuxedo Park, this home is just minutes from downtown, transit, schools, shopping, and amenities. Enjoy quick access to Edmonton Trail, Centre Street, and 16th Ave, making commutes and travel a breeze. The neighborhood is known for its tree-lined streets, parks, and proximity to great local restaurants, cafes, and shopping on Centre Street. Whether you're looking to build, invest, or move in, this is a rare opportunity in a rapidly developing area.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Calgary
  • Status
    Active
  • Listing #
    A2197828
  • Built
    1952
  • Lot Size
    0.14
  • Listed on site
    57 days
  • Listing Brokerage
    Real Broker

Listed by:

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. Last updated: 2025-05-01 17:07:43
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Property details

Community Features

  • No HOA

Property Features

  • InLaw Suite

Exterior features

  • Has garage
  • Garage Detached
  • No Pool

Interior Features

  • Carpet Floors
  • Basement Finished
  • Basement Full

Style

  • Bungalow
  • One Story
  • Ranch / One Story

Property History

DateDays AgoEventNew Price
May 1, 20258 days agoPrice decreased50,000 (7%)$700,000
Mar 13, 20252 mos agoNew on market$750,000
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