116 31 Avenue NW
Calgary T2M2N9
MLS® Number: A2211167
$ 899,000
4
BEDROOMS
4 + 0
BATHROOMS
1,564
SQUARE FEET
1949
YEAR BUILT
Vaibhav Patel
403-700-9569
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. 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.
| COMMUNITY | Tuxedo Park |
| PROPERTY TYPE | Detached |
| BUILDING TYPE | House |
| STYLE | Bungalow |
| YEAR BUILT | 1949 |
| SQUARE FOOTAGE | 1,564 |
| BEDROOMS | 4 |
| BATHROOMS | 4.00 |
| BASEMENT | Full, Suite |
| AMENITIES | |
| APPLIANCES | Dishwasher, Refrigerator, Stove(s), Washer/Dryer |
| COOLING | None |
| FIREPLACE | N/A |
| FLOORING | Carpet, Laminate, Linoleum |
| HEATING | Central, Wall Furnace |
| LAUNDRY | Common Area |
| LOT FEATURES | Back Lane, Cleared |
| PARKING | Carport, Double Garage Detached, Off Street, Parking Pad |
| RESTRICTIONS | Airspace Restriction |
| ROOF | Asphalt Shingle |
| TITLE | Fee Simple |
| BROKER | CIR Realty |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| 3pc Bathroom | 19`2" x 16`8" | Basement |
| 3pc Bathroom | 19`8" x 36`4" | Basement |
| Bedroom | 38`7" x 34`9" | Basement |
| Kitchen | 53`10" x 44`0" | Basement |
| Kitchen | 58`10" x 29`6" | Basement |
| Kitchen | 34`9" x 27`4" | Main |
| Kitchen | 29`9" x 48`11" | Main |
| 3pc Bathroom | 34`9" x 16`5" | Main |
| 3pc Bathroom | 23`6" x 27`8" | Main |
| Bedroom | 38`3" x 36`4" | Main |
| Bedroom | 34`5" x 39`4" | Main |
| Bedroom | 34`2" x 30`11" | Main |
| Office | 36`11" x 44`3" | Main |
