116 31 Avenue Nw, Calgary, Alberta T2M 2N9

Listed for:
$939,000
4 beds
4 baths
Listed 6 days ago
House for rent: 116 31 Avenue Nw, Calgary, Alberta T2M 2N9

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Learn more about this property
Listing provided by:
CIR Realty
MLS® number:
A2200376
Agent:
Vaibhav Patel
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About

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:27476)

Property Highlights

MLS® Number
A2200376
Type
Single Family
Community Name
Tuxedo Park
Ownership Type
Freehold
Land Size
7502.45 sqft|7,251 - 10,889 sqft
Parking Space Total
4

Building

Building Type
House
Storeys
1.00
Square Footage
1563.96 sqft
Bathrooms Total
4
Bedrooms Above Ground
3
Bedrooms Total
4
Amenities
Park, Playground, Schools
Exterior Finish
Brick, Stucco
Fireplace Present
No
Basement Type
Full
Basement Features
Suite
Building Heating Type
Central heating, Other
Heating Fuel
Building Cooling Type
None

Location

Street Spotlight - For sale