116 31 AVE NW new Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2M2N9
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,563 sqft
Price per Sqft $600
Subdivision Tuxedo Park
MLS Listing ID A2200376
Style Bungalow
Bedrooms 4
Full Baths 4
Originating Board Calgary
Year Built 1949
Annual Tax Amount $4,689
Tax Year 2024
Lot Size 7,502 Sqft
Acres 0.17
Property Sub-Type Detached
Property Description
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!
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning R-CG
Direction S
Rooms
Basement Full,Suite
Interior
Interior Features Ceiling Fan(s),See Remarks
Heating Central,Wall Furnace
Cooling None
Flooring Carpet,Laminate,Linoleum
Inclusions 1 Dishwasher, 4 Stoves, 4 Fridges, 1 Washer & 1 Dryer (coin operated)
Appliance Dishwasher,Refrigerator,Stove(s),Washer/Dryer
Laundry Common Area
Exterior
Parking Features Carport,Double Garage Detached,Off Street,Parking Pad
Garage Spaces 1.0
Garage Description Carport,Double Garage Detached,Off Street,Parking Pad
Fence None,Partial
Community Features Park,Playground,Schools Nearby
Roof Type Asphalt Shingle
Porch Front Porch
Lot Frontage 62.23
Exposure S
Total Parking Spaces 4
Building
Lot Description Back Lane,Cleared
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
Structure Type Brick,Stucco,Wood Frame
Others
Restrictions Airspace Restriction
Tax ID 95245667
Ownership Private
Virtual Tour https://youriguide.com/116_31_ave_nw_calgary_ab