1 day on Market

227 31 Ave, Calgary, Alberta T2E 2G1

Detached
2 + 2
2
~896.00 sqft
$700,000
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Detached
2 + 2
2
~896.00 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$781/sqft

Est. Mortgage$3,006/mo

Tax Amount (2025)$4,255/yr

Days On Market1 day


Description

This well-maintained bungalow on a 50' x 120' R-CG lot offers incredible potential for redevelopment, investment, or rental income. Featuring a separate entrance to an illegal suite, the home includes 2 bedrooms, a bright living area, and a functional kitchen on the main floor, plus an additional 2 bedrooms, second kitchen, (illegal suite) and living space in the lower level—ideal for tenants or multi-generational living. The property also boasts a single-car garage and a spacious backyard. Located in the sought-after inner-city community of Tuxedo Park, this home is just minutes from downtown, transit, schools, shopping, and amenities. Enjoy quick access to Edmonton Trail, Centre Street, and 16th Ave, making commutes and travel a breeze. The neighborhood is known for its tree-lined streets, parks, and proximity to great local restaurants, cafes, and shopping on Centre Street. Whether you're looking to build, invest, or move in, this is a rare opportunity in a rapidly developing area.


Property Details

StyleBungalow
View-
Age of property1952
SqFt~896.00 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2228592
Community NameTuxedo Park
Data SourcePILLAR 9
Listing byReal Broker

Features

Heating: Forced Air
Basement: Finished,Full

Main Floor

Kitchen

8`11" x 8`4"

Dining Room

9`0" x 6`0"

Living Room

18`0" x 12`7"

Bedroom

14`3" x 11`11"


Parking

Garage spaces 1

Garage type -

Other parking spaces 0

Total parking spaces 1


Property History

Jun 6, 2025
ListedActive
$700,000
1 day on market
history photo preview25
Listing by pillar 9®
Property listed by Real Broker, Brokerage
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Market Data - Tuxedo Park

Geo Zone Map ThumbnailTuxedo Park

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

29 days

Compared to

2024

12 days

2023

66 days

New Listings

Past 30 days

5 listings

Compared to

2024

11 listings

2023

8 listings

Units sold

Past 30 days

5 units

Compared to

2024

4 units

2023

4 units

Median Sold Price

Past 30 days

$824,500

Compared to

2024

$690,000

2023

$843,500


Population and Demographics

Overview

Total population 4856
Average household income $156,497

Age (%)

35 to 49
27%
20 to 34
25%
50 to 64
18%
0 to 19
18%
65 and plus
11%

Household composition (%)

Single family
54%
Single person
37%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
79%
Yue (Cantonese)
6%
Others
3%
Mandarin
3%
Spanish
2%
Tagalog (Pilipino, Filipino)
2%
French
2%

House tenancy (%)

Owners
54%
Renters
46%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget