116 31 Avenue Nw Calgary, Alberta T2M 2N9

4 Bedroom 4 Bathroom 1,564 ft2
Bungalow None Central Heating, Other

$899,000

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. (id:51438)

Property Details

MLS® Number A2211167
Property Type Single Family
Community Name Tuxedo Park
Amenities Near By Park, Playground, Schools
Features See Remarks, Back Lane
Parking Space Total 4
Plan 2617ag

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

Parking

Carport
Detached Garage 2
Other
Parking Pad

Land

Acreage No
Fence Type Partially Fenced
Land Amenities Park, Playground, Schools
Land Disposition Cleared
Size Depth 36.6 M
Size Frontage 18.97 M
Size Irregular 7472.00
Size Total 7472 Sqft|7,251 - 10,889 Sqft
Size Total Text 7472 Sqft|7,251 - 10,889 Sqft
Zoning Description R-cg

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

https://www.realtor.ca/real-estate/28159058/116-31-avenue-nw-calgary-tuxedo-park

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