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227 31 Avenue Ne Calgary, Alberta T2E 2G1

$989,900

MLS® Number: A2271607 Bedrooms: 2 Bathrooms: 2 Square Footage: 899 sqft Community: Tuxedo Park
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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:37074)

Property Features

Style: Bungalow Cooling: None Heating: Forced Air

Property Details

MLS® Number A2271607
Property Type Single Family
Neigbourhood Northeast Calgary
Community Name Tuxedo Park
Amenities Near By Park, Playground, Schools, Shopping
Features See Remarks, Back Lane
Parking Space Total 1
Plan 3980am
Structure None

Parking

Detached Garage 1

Building

Bathroom Total 2
Bedrooms Above Ground 2
Bedrooms Total 2
Appliances Washer, Refrigerator, Stove, Dryer, Window Coverings
Architectural Style Bungalow
Basement Development Finished
Basement Features Separate Entrance, Suite
Basement Type Full (finished)
Constructed Date 1952
Construction Material Wood Frame
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Stucco, Wood Siding
Flooring Type Ceramic Tile, Concrete, Hardwood
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 899 Ft2
Total Finished Area 899.2 Sqft
Type House

Rooms

Level Type Dimensions
Basement Other 10.50 Ft x 11.17 Ft
Basement Other 11.67 Ft x 12.83 Ft
Basement Family Room 13.92 Ft x 11.92 Ft
Basement Storage 6.08 Ft x 10.92 Ft
Basement 3pc Bathroom 5.75 Ft x 8.08 Ft
Main Level Other 3.50 Ft x 5.25 Ft
Main Level Living Room 18.08 Ft x 12.58 Ft
Main Level Primary Bedroom 11.92 Ft x 14.25 Ft
Main Level 4pc Bathroom 4.83 Ft x 9.42 Ft
Main Level Other 12.92 Ft x 11.67 Ft
Main Level Bedroom 11.75 Ft x 11.08 Ft

Land

Acreage No
Fence Type Partially Fenced
Land Amenities Park, Playground, Schools, Shopping
Size Depth 36.55 M
Size Frontage 15.24 M
Size Irregular 557.00
Size Total 557 M2|4,051 - 7,250 Sqft
Size Total Text 557 M2|4,051 - 7,250 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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