pillar/IMG-A2198458_1.jpg
58 days on Market

308 31 Ave, Calgary, Alberta T2E 2G2

Detached
2
2
~1223.65 sqft
$•••,•••
$999,999
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Detached
2
2
~1223.65 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$817/sqft

Est. Mortgage$4,295/mo

Tax Amount (2024)$3,833/yr

Days On Market58 days


Description

Income Property Opportunity in Tuxedo Park! Investors and savvy buyers, take note! This unique bungalow in Tuxedo Park offers four self-contained one-bedroom, one-bathroom units, providing excellent rental income potential. 1 Legal Suite which is Fully Renovated and 3 Illegal Suites which offer great potential for updates or legalization. This property also has a shared Coin-Operated laundry room for tenant convenience, a large shared backyard space and a detached single car garage. Located in the highly sought-after inner-city community of Tuxedo Park, this property offers easy access to downtown, transit, parks, shopping, and schools. Whether you're looking to live in one suite and rent the others or expand your investment portfolio, this is an opportunity you won’t want to miss!


Property Details

StyleBungalow
View-
Age of property1948
SqFt~1223.65 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2198458
Community NameTuxedo Park
Data SourcePILLAR 9
Listing byRE/MAX Real Estate (Central)

Features

Heating: Forced Air,Natural Gas
Basement: Finished,Full,Suite

Main Floor

4pc Bathroom

5`1" x 8`5"

Living Room

11`10" x 14`0"

4pc Bathroom

4`11" x 6`10"

Bedroom

9`7" x 10`5"


Parking

Garage spaces 1

Garage type -

Other parking spaces 3

Total parking spaces 4


Property History

Mar 2, 2025
ListedActive
$999,999
58 days on market
history photo preview21
Listing by pillar 9®
Property listed by RE/MAX Real Estate (Central), Brokerage
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Market Data - Tuxedo Park

Geo Zone Map ThumbnailTuxedo Park

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

14 days

Compared to

2024

35 days

2023

12 days

New Listings

Past 30 days

13 listings

Compared to

2024

7 listings

2023

13 listings

Units sold

Past 30 days

4 units

Compared to

2024

4 units

2023

4 units

Median Sold Price

Past 30 days

$814,500

Compared to

2024

$686,500

2023

$501,250


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%

Schools and amenities

Estimated Budget