MLS®: A2348704 - Tuxedo Park $3,699,999

  • Address: 233 25 Avenue
  • Size: sq.ft.
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Tuxedo Place – Boutique Multi-Unit Investment Opportunity in Central Calgary Introducing Tuxedo Place — a rare, purpose-built 8-unit investment property ideally located in the heart of Tuxedo Park, one of Calgary’s most accessible and evolving inner-city neighbourhoods. This turnkey rental property sits on a 75 ft x 120 ft (9,000 sq ft) lot and offers a functional unit mix that appeals to a wide range of tenants. The property is comprised of 4 well-designed townhomes and 4 legal basement suites, with one suite per townhome. Each townhome offers bright, spacious layouts with modern finishes, while the basement suites are fully self-contained with private entrances, providing strong additional rental income. The design and configuration support both owner-occupancy and full investment use. Fully leased and generating positive cash flow, Tuxedo Place offers investors immediate, stabilized income in a highly desirable inner-city rental market. Strong location fundamentals support consistent occupancy and long-term appreciation, with residents enjoying convenient access to downtown Calgary, major transit corridors, Confederation Park, schools, shopping, restaurants, and recreational amenities. A significant investment advantage is the existing assumable CMHC-insured mortgage at 3.729%, maturing December 1, 2030, subject to lender and CMHC approval. This below-market financing presents a rare opportunity for qualified purchasers to secure favourable debt, potentially enhancing cash flow and reducing financing costs while acquiring a stabilized, income-producing asset. Rarely do stabilized, purpose-built multifamily assets with assumable CMHC financing become available in Calgary’s premier inner-city market. Tuxedo Place represents an exceptional opportunity for private investors, family offices, and institutional buyers seeking immediate cash flow, long-term appreciation, and attractive in-place financing. With its 8-unit configuration, strong tenant appeal, desirable central location, and future redevelopment potential, Tuxedo Place offers a compelling combination of current income and long-term upside. An exceptional opportunity to acquire a stabilized, income-producing multifamily asset with favourable assumable financing in one of Calgary’s established inner-city communities

MLS®: A2348704 - Tuxedo Park $3,699,999

  • Address: 233 25 Avenue
  • Size: sq.ft.
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  • 0
  • Other

Includes: None

Property Information

Property Type: Multi Family

Year Built: 2024

Brokerage: Royal LePage Solutions

Listed Date: Please login or create an account

Community Information

City/Town: Calgary

Community: Tuxedo Park

Exterior

Lot Size: 0.21 sq.ft.

Interior

Heating: High Efficiency, Natural Gas

Fireplace Details: For Sale

Rooms

Total Bedrooms: 0 (Bedrooms Above: 0)

Bathrooms: Full: 0 / Half: 0

Above Grade: 0

Legal, Financial & Possession

Zoning: R-CG

Legal Description: Lot/Unit: Lot/Unit:,Plan: 2617AG,Block:

Tax: 8107.00

Possession: 30 Days / Neg

Occupancy: Tenant

Restrictions: None Known

Listing Courtesy of Royal LePage Solutions

The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

MLS®: A2348704 - Tuxedo Park $3,699,999

  • Address: 233 25 Avenue
  • Size: sq.ft.
  • 0
  • 0
  • Other

Listing Courtesy of Royal LePage Solutions

The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.