UPDATED:
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 $575
Subdivision Tuxedo Park
MLS® Listing ID A2211167
Style Bungalow
Bedrooms 4
Full Baths 4
Originating Board Calgary
Year Built 1949
Annual Tax Amount $4,689
Tax Year 2024
Lot Size 7,472 Sqft
Acres 0.17
Property Sub-Type Detached
Property Description
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.
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 None
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 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
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REVIEWS
- I met with the realtor Ahmed Arshad through Houseful online agency. He was very polite gentleman who knows his job and in very professional manner he sold our house in three days for very good price. Later he guided us to buy a new house. And he showed us how to be careful about some missing, or bad things in the houses we looked at. It was a very exciting adventure working with Mr Ahmed Arshad and for very short time we found and bought the house were now we live in. Thankful Kiro and Lidija
Kiro Seremetkoski - Definitely will recommend to those who is looking for their new home.Jeric Salazar
- Erica Salazar
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1301 8th Street SW, Calgary, AB, Canada