MLS®: A2200376 - Tuxedo Park Bungalow $939,000

  • Address: 116 31 Avenue
  • Size: 1,564 sq.ft.
  • 4
  • 4
  • 2

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 - Tuxedo Park Bungalow $939,000

  • Address: 116 31 Avenue
  • Size: 1,564 sq.ft.
  • 4
  • 4
  • 2

Includes: 1 Dishwasher, 4 Stoves, 4 Fridges, 1 Washer & 1 Dryer (coin operated)

Site Influences: Back Lane, Cleared

Property Information

Property Type: Residential Detached Single Family

Home Style: Bungalow

Year Built: 1949

Total Floor Area: 1,564 sq. ft.

Brokerage: CIR Realty

Listed Date: Please login or create an account

Community Information

City/Town: Calgary

Community: Tuxedo Park

Exterior

Lot Size: 0.17 sq.ft.

Lot Shape: Back Lane,Cleared

Exterior: Brick, Stucco, Wood Frame

Construction: Brick,Stucco,Wood Frame

Frontage: 18.97M 62`3"

Front Exposure: S

Roof: Asphalt Shingle

Parking: Carport, Double Garage Detached, Off Street, Parking Pad

Total Parking: 4

Interior

Heating: Central, Wall Furnace

Basement: Full, Suite

Floor Finish: Carpet, Laminate, Linoleum

Fireplace Details: For Sale

Rooms

Total Bedrooms: 4 (Bedrooms Above: 3)

Bathrooms: Full: 4 / Half: 0

Above Grade: 6

Legal, Financial & Possession

Zoning: R-CG

Legal Description: Lot/Unit: Lot/Unit:,Plan: 2617AG,Block:

Tax: 4689.00

Possession: 30 Days / Neg

Occupancy: Tenant

Restrictions: Airspace Restriction

Listing Courtesy of CIR Realty

The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

MLS®: A2200376 - Tuxedo Park Bungalow $939,000

  • Address: 116 31 Avenue
  • Size: 1,564 sq.ft.
  • 4
  • 4
  • 2

Listing Courtesy of CIR Realty

The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.