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116 31 Avenue Nw Calgary, Alberta T2M 2N9

$939,000

MLS® Number: A2200376 Bedrooms: 4 Bathrooms: 4 Square Footage: 1563.96 sqft Community: Tuxedo Park
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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:37074)

Property Features

Style: Bungalow Cooling: None Heating: Central Heating, Other

Property Details

MLS® Number A2200376
Property Type Single Family
Neigbourhood Northeast Calgary
Community Name Tuxedo Park
Amenities Near By Park, Playground, Schools
Features See Remarks, Back Lane
Parking Space Total 4
Plan 2617ag

Parking

Carport
Detached Garage 2
Other
Parking Pad

Building

Bathroom Total 4
Bedrooms Above Ground 3
Bedrooms Below Ground 1
Bedrooms Total 4
Appliances Refrigerator, Dishwasher, Stove, Washer & Dryer
Architectural Style Bungalow
Basement Features Suite
Basement Type Full
Constructed Date 1949
Construction Material Wood Frame
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick, Stucco
Flooring Type Carpeted, Laminate, Linoleum
Foundation Type Poured Concrete
Heating Type Central Heating, Other
Stories Total 1
Size Interior 1,564 Ft2
Total Finished Area 1563.96 Sqft
Type House

Rooms

Level Type Dimensions
Basement 3pc Bathroom 5.83 M x 5.08 M
Basement 3pc Bathroom 6.00 M x 11.08 M
Basement Bedroom 11.75 M x 10.58 M
Basement Kitchen 16.42 M x 13.42 M
Basement Kitchen 17.92 M x 9.00 M
Main Level Kitchen 10.58 M x 8.33 M
Main Level Kitchen 9.08 M x 14.92 M
Main Level 3pc Bathroom 10.58 M x 5.00 M
Main Level 3pc Bathroom 7.17 M x 8.42 M
Main Level Bedroom 11.67 M x 11.08 M
Main Level Bedroom 10.50 M x 12.00 M
Main Level Bedroom 10.42 M x 9.42 M
Main Level Office 11.25 M x 13.50 M

Land

Acreage No
Fence Type Not Fenced, Partially Fenced
Land Amenities Park, Playground, Schools
Land Disposition Cleared
Size Depth 36.6 M
Size Frontage 18.97 M
Size Irregular 7502.45
Size Total 7502.45 Sqft|7,251 - 10,889 Sqft
Size Total Text 7502.45 Sqft|7,251 - 10,889 Sqft
Zoning Description R-cg

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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.

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