116 31 Avenue NW Calgary, AB T2M2N9

$899,000
4
Beds
4
Baths
0.17
Acres
1,564
SQFT
575
$/SQFT
$899,000
4
Beds
4
Baths
1,564   sf
$575 / sf
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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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Calgary
  • Status
    Active
  • Listing #
    A2211167
  • Built
    1949
  • Lot Size
    0.17
  • Listed on site
    27 days
  • Listing Brokerage
    CIR Realty

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 07:40:10
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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 Full
  • Basement Suite

Style

  • Bungalow
  • One Story
  • Ranch / One Story
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