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 Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Suite - Illegal
Home Style:
Bungalow
Total Living Area:
1,563.96 sq. ft.145 m2
Main Level Finished Area:
1,563.96 sq. ft.145 m2
Below Grade Finished Area:
1,454.89 sq. ft.135 m2
Lot Area:
7,502 sq. ft.697 m2
Lot Frontage:
62'2¾"19 m
Front Exposure:
South
Unit Exposure:
South
Levels:
One
Total Rooms Above Grade:
6
Year built:
1949
(Age: 76)
Bedrooms:
4
(Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0
(Full:4, Half:0)
Plan:
2617AG
Heating:
Central, Wall Furnace
Basement:
Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Laminate, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
1
Parking:
Carport, Double Garage Detached, Off Street, Parking Pad
Data was last updated March 12, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$899,900
Min list price:
$305,900
Max list price:
$1,149,000
Avg days on market:
19
Min days on market:
3
Max days on market:
61
Avg price per sq.ft.:
$500.51
These statistics are generated based on the current listing's property type
and located in
Tuxedo Park. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.