Attention Investors and Developers! A rare lot with limitless potential.Discover this exceptional turnkey investment opportunity in the highly sought-after neighborhood of Tuxedo Park. Situated on a rare 62-foot wide by 120-foot deep lot with R-CG zoning, this property offers stunning downtown city views and significant redevelopment potential.The home contains four self-contained illegal suites, each with its own entrance, deck or green space, and access to beautiful city views. These units are designed for privacy and comfort, appealing to long-term tenants.This is an ideal property for future redevelopment or long-term holding, especially with the recent city-wide rezoning policies encouraging greater density. Located minutes from downtown, SAIT, U of C, top-rated schools, public transit, and major roadways, the convenience and potential here are unmatched.Don't miss this rare chance to invest in one of Calgary’s most desirable inner-city communities. (id:51989)
Features of 116 31 Avenue Nw
- MLS® Number A2211167
- Price $899,000
- Bedrooms: 4
- Bathrooms: 4
- Square Footage: 1564 sqft
- Property Type: House
- Community Name: Tuxedo Park
- Amenities Near By Park, Playground, Schools
- Features See Remarks, Back Lane
- Parking Space Total 4
- Plan 2617ag
Buildings
| Bathroom Total | 4 | Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 1 | Bedrooms Total | 4 |
| Appliances | Refrigerator, Dishwasher, Stove, Washer & Dryer | Architectural Style | Bungalow |
| Basement Features | Suite | Basement Type | Full |
| Constructed Date | 1949 | Construction Material | Wood Frame |
| Construction Style Attachment | Detached | Cooling Type | None |
| Exterior Finish | Brick, Stucco | Flooring Type | Carpeted, Laminate, Linoleum |
| Foundation Type | Poured Concrete | Heating Type | Central Heating, Other |
| Stories Total | 1 | Size Interior | 1564 Sqft |
| Total Finished Area | 1563.96 Sqft | Type | House |
Parking
| Carport | |
| Detached Garage | 2 |
| Other | |
| Parking Pad |
Land
| Acreage | No | Fence Type | Partially Fenced |
| Land Amenities | Park, Playground, Schools | Land Disposition | Cleared |
| Size Depth | 36.6 M | Size Frontage | 18.97 M |
| Size Irregular | 7472.00 | Size Total | 7472 Sqft|7,251 - 10,889 Sqft |
| Size Total Text | 7472 Sqft|7,251 - 10,889 Sqft | Zoning Description | R-cg |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | 3pc Bathroom | 5.83 M x 5.08 M | ||
| Basement | 3pc Bathroom | 6.00 M x 11.08 M | ||
| Basement | Bedroom | 11.75 M x 10.58 M | ||
| Basement | Kitchen | 16.42 M x 13.42 M | ||
| Basement | Kitchen | 17.92 M x 9.00 M | ||
| Main Level | Kitchen | 10.58 M x 8.33 M | ||
| Main Level | Kitchen | 9.08 M x 14.92 M | ||
| Main Level | 3pc Bathroom | 10.58 M x 5.00 M | ||
| Main Level | 3pc Bathroom | 7.17 M x 8.42 M | ||
| Main Level | Bedroom | 11.67 M x 11.08 M | ||
| Main Level | Bedroom | 10.50 M x 12.00 M | ||
| Main Level | Bedroom | 10.42 M x 9.42 M | ||
| Main Level | Office | 11.25 M x 13.50 M |
Agents and Offices
- Vaibhav Patel
- Office: Cir Realty
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