116 31 Ave. NW | Tuxedo Park | Calgary

New

New

116 31 Avenue | Tuxedo Park

Beds
3 1
Baths
4.0
Sqft
1,563
Lot Sqft
7,502
Year Built
1949
Days Listed
3
Type
Detached
Status
Active
Garage
Yes
Foundation
Concrete
Condo Fee
No
Price Change
None

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!

MLS ® #: A2200376
Listing Office: CIR Realty
Date Listed: March 7, 2025 - 3 days on site
Last Updated: Mar 10, 2025 12:17pm MST

$939,000

Details

Style:
bungalow

Garage Size:
1

Interior:
ceiling fan(s), see remarks

Exterior:
balcony

Lot:
back lane, cleared

Parking/Garage:
carport, double garage detached, off street, parking pad

Frontage (feet):
62.23

Even More Details

Foundation:
poured concrete

Construction:
brick,stucco,wood frame

Flooring:
carpet,laminate,linoleum

Roof:
asphalt shingle

Heating:
central,wall furnace

Inclusions:
1 dishwasher, 4 stoves, 4 fridges, 1 washer & 1 dryer (coin operated)

Room Sizes

Kitchen

34`9" x 27`4"

Kitchen

29`9" x 48`11"

3pc Bathroom

34`9" x 16`5"

3pc Bathroom

23`6" x 27`8"

Bedroom

38`3" x 36`4"

Bedroom

34`5" x 39`4"

Bedroom

34`2" x 30`11"

Office

36`11" x 44`3"

3pc Bathroom

19`2" x 16`8"

3pc Bathroom

19`8" x 36`4"

Bedroom

38`7" x 34`9"

Kitchen

53`10" x 44`0"

Kitchen

58`10" x 29`6"

Thoughtful | Loyal | Effective

Loving this home?

Breanna will call to discuss.

"I couldn't ask for a better REALTOR ®️ team to help us buy our first home" - S. Stoyles

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