116 31 Avenue NW - MLS® # A2211167

Property Details

List Price:
$899,000
Living Area:
1,563 sqft.
Bedrooms:
4
Bathrooms:
4
Lot Size Area:
7472 sq.ft.
Taxes:
N/A
Type:
Detached
Style:
Bungalow
Basement:
Full, Suite
Year Built:
1949

Description

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.

Features

Balcony

Listing Provided By

CIR Realty

Neighborhood Info

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.

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  • THE REAL ESTATE COMPANY
  • 11, 5080 - 12A STREET S.E.
  • Calgary, Alberta
  • T2G5K9