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$600/sqft
Est. Mortgage$4,033/mo
Tax Amount (2024)$4,689/yr
Days On Market33 days
Description
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!
Property Details
Interior
Features
Main Floor
Kitchen
34`9" x 27`4"Kitchen
29`9" x 48`11"Bedroom
38`3" x 36`4"Bedroom
34`5" x 39`4"Exterior
Features
Parking
Garage spaces 1
Garage type -
Other parking spaces 3
Total parking spaces 4
Property History

