116 31 Avenue NW Tuxedo Park, Calgary, Alberta, CA

Address: 116 31 Avenue NW, Calgary, Alberta

4 Beds4 Baths1563 sqftStatus: Buy
Price $939,000

Property Overview


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! (id:51532)

 

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Property Summary
Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
1563.96 sqft
Community Name
Tuxedo Park
Subdivision Name
Tuxedo Park
Title
Freehold
Land Size
7502.45 sqft|7,251 - 10,889 sqft
Built in
1949
Parking Type
Carport,Detached Garage(2),Other,Parking Pad
Building
Bedrooms
Above Grade
3
Below Grade
1
Bathrooms
Total
4
Interior Features
Appliances Included
Refrigerator, Dishwasher, Stove, Washer & Dryer
Flooring
Carpeted, Laminate, Linoleum
Basement Features
Suite
Basement Type
Full
Building Features
Features
See remarks, Back lane
Foundation Type
Poured Concrete
Style
Detached
Architecture Style
Bungalow
Construction Material
Wood frame
Square Footage
1563.96 sqft
Total Finished Area
1563.96 sqft
Heating & Cooling
Cooling
None
Heating Type
Central heating, Other
Exterior Features
Exterior Finish
Brick, Stucco
Parking
Parking Type
Carport,Detached Garage(2),Other,Parking Pad
Total Parking Spaces
4
Land
Lot Features
Fencing
Not fenced, Partially fenced
Other Property Information
Zoning Description
R-CG
Level Rooms Dimensions
Basement 3pc Bathroom 5.83 M x 5.08 M
3pc Bathroom 6.00 M x 11.08 M
Bedroom 11.75 M x 10.58 M
Kitchen 16.42 M x 13.42 M
Kitchen 17.92 M x 9.00 M
Main level Kitchen 10.58 M x 8.33 M
Kitchen 9.08 M x 14.92 M
3pc Bathroom 10.58 M x 5.00 M
3pc Bathroom 7.17 M x 8.42 M
Bedroom 11.67 M x 11.08 M
Bedroom 10.50 M x 12.00 M
Bedroom 10.42 M x 9.42 M
Office 11.25 M x 13.50 M

Features
           See remarks            Back lane            Carport
           Detached Garage(2)            Other            Parking Pad
           Refrigerator            Dishwasher            Stove
           Washer & Dryer            Suite            None
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Your Home Finance Calculation

Property Price CA $939,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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