116 31 Ave, Calgary, Alberta T2M2N9
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
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Price/Sqft$574/sqft
Est. Mortgage$3,861/mo
Tax Amount (2024)$4,689/yr
Days On Market28 days
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.
Property Details
Interior
Features
Main Floor
Kitchen
34`9" x 27`4"Kitchen
29`9" x 48`11"3pc Bathroom
34`9" x 16`5"3pc Bathroom
23`6" x 27`8"Exterior
Features
Parking
Garage spaces 1
Garage type -
Other parking spaces 3
Total parking spaces 4
Property History


