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

Address: 116 31 Avenue NW, Calgary, Alberta

4 Beds4 Baths1563 sqftStatus: Buy
Price $899,000

Property Overview


Attention Investors and Developers! A rare lot with limitless potential.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.This fully occupied revenue property features FIVE SEPERTAE INCOME STREMS, including a coin-operated laundry. 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 and maximizing rental income.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. (id:51532)

 

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Property Summary
Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
1564 sqft
Community Name
Tuxedo Park
Subdivision Name
Tuxedo Park
Title
Freehold
Land Size
7472 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
1564 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
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 $899,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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