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Margaret Hamilton

Call Direct 403.615.4256

SERVING YOUR CALGARY REAL ESTATE NEEDS



116 31 Avenue, Calgary

Detached Bungalow for Sale

116 31 Avenue, Calgary, MLS® # A2200376
  • MLS®#: A2200376
  • Price: $939,000
  • Bedrooms: 4
  • Bathrooms: 4(full) 0(half)
  • Parking: 4
  • Status: Active
  • Year Built: 1949
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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!

Contact Margaret Hamilton About MLS® A2200376

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Margaret Hamilton, 403.615.4256 at Royal LePage Solutions, #205 - 264 Midpark Way SE, Calgary, Alberta, T2X 1J6

property information

  • Property Type: Detached Home
  • MLS®#: A2200376
  • Style: Bungalow
  • Year Built: 1949
  • Lot Shape: Back Lane,Cleared
  • Total Floor Area: 1,564 sq.ft
  • Restrictions: Airspace Restriction
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Community Information

  • Address: 116 31 Avenue
  • Neighbourhood: Tuxedo Park
  • City: Calgary
  • Postal Code: T2M2N9
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interior

  • Included: 1 Dishwasher, 4 Stoves, 4 Fridges, 1 Washer & 1 Dryer (coin operated)
  • Bedrooms: 4 (Bedrooms Above: 3)
  • Bathrooms: Full: 4
  • Rooms Above Grade: 6
  • Fireplace Details: For Sale
  • Basement: Full, Suite, Full, Suite
  • Floor Finish: Carpet, Laminate, Linoleum
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exterior

  • Exterior Features: Back Lane, Cleared
  • Exterior Finish: Brick, Stucco, Wood Frame
  • Construction: Brick,Stucco,Wood Frame
  • Roof: Asphalt Shingle
  • Front Exposure: S
  • Frontage: 18.97M 62`3" metres
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services & amenities

  • Parking: Carport, Double Garage Detached, Off Street, Parking Pad (4 Total Parking Spaces)
  • Heating: Central,Wall Furnace
  • Heating: Central, Wall Furnace
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  •  

$939,000

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Listing Courtesy of
CIR Realty
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
Margaret Hamilton, Royal LePage Solutions
#205 - 264 Midpark Way SE, Calgary, Alberta T2X 1J6
Tel: 403.615.4256 Office: 403.252.5900 Toll Free: 1.855.SELL.YYC
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