227 31 Avenue NE Tuxedo Park, Calgary, Alberta, CA

Address: 227 31 Avenue NE, Calgary, Alberta

2 Beds2 Baths899 sqftStatus: Buy
Price $989,900

Property Overview


Fantastic opportunity in one of Calgary’s most desirable inner-city communities. This rare 50' x 120' RC-G lot comes with an approved Development Permit, saving months of planning and giving buyers, builders, and investors a direct path to start their next project.The location is exceptional—close to grocery stores, pharmacies, banks, restaurants, parks, schools, and public transportation, with downtown just a five-minute drive away. Enjoy the convenience of nearby Centre Street, Edmonton Trail, and the vibrant Bridgeland community only minutes from your door. This rapidly evolving area features new infills, multi-unit developments, and strong builder demand, offering outstanding long-term value or an ideal shovel-ready build opportunity.The property includes an existing bungalow with an illegal basement suite and separate entrance—perfect for generating rental income while you prepare for redevelopment. The main level offers two bedrooms, a bright living area, and a functional kitchen with original hardwood and cabinetry in great condition. The lower level features two additional bedrooms, a second kitchen (illegal suite), and a comfortable living space. A single-car garage and spacious backyard complete the property.Located in highly sought-after Tuxedo Park, known for its tree-lined streets, parks, and proximity to great local restaurants, cafés, and shopping along Centre Street. Whether you plan to build, invest, or live in the home as you plan your next step, this is a rare opportunity in a thriving inner-city neighbourhood.Highlights: DP-approved project, 50' x 120' RC-G lot, Quiet street with active redevelopment, Quick access to Downtown, Centre Street, Edmonton Trail, and Bridgeland, Strong long-term value in a high-growth areaA once-in-a-lifetime opportunity to secure a truly ready-to-go inner-city project. Reach out for more details on the approved plans and next steps. (id:51532)

 

Tags




Property Summary
Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
899 sqft
Community Name
Tuxedo Park
Subdivision Name
Tuxedo Park
Title
Freehold
Land Size
557 m2|4,051 - 7,250 sqft
Built in
1952
Parking Type
Detached Garage(1)
Building
Bedrooms
Above Grade
2
Bathrooms
Total
2
Interior Features
Appliances Included
Washer, Refrigerator, Stove, Dryer, Window Coverings
Flooring
Ceramic Tile, Concrete, Hardwood
Basement Features
Separate entrance, Suite
Basement Type
Full (Finished)
Building Features
Features
See remarks, Back lane
Foundation Type
Poured Concrete
Style
Detached
Architecture Style
Bungalow
Construction Material
Wood frame
Square Footage
899 sqft
Total Finished Area
899.2 sqft
Structures
None
Heating & Cooling
Cooling
None
Heating Type
Forced air
Exterior Features
Exterior Finish
Stucco, Wood siding
Parking
Parking Type
Detached Garage(1)
Total Parking Spaces
1
Land
Lot Features
Fencing
Partially fenced
Other Property Information
Zoning Description
R-CG
Level Rooms Dimensions
Basement Other 10.50 Ft x 11.17 Ft
Other 11.67 Ft x 12.83 Ft
Family room 13.92 Ft x 11.92 Ft
Storage 6.08 Ft x 10.92 Ft
3pc Bathroom 5.75 Ft x 8.08 Ft
Main level Other 3.50 Ft x 5.25 Ft
Living room 18.08 Ft x 12.58 Ft
Primary Bedroom 11.92 Ft x 14.25 Ft
4pc Bathroom 4.83 Ft x 9.42 Ft
Other 12.92 Ft x 11.67 Ft
Bedroom 11.75 Ft x 11.08 Ft

Features
           See remarks            Back lane            Detached Garage(1)
           Washer            Refrigerator            Stove
           Dryer            Window Coverings            Separate entrance
           Suite            None
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Your Home Finance Calculation

Property Price CA $989,900
Bank Loan Amount CA $0
Monthly Installment CA $0

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