116 31 Avenue NW, CALGARY

2025-04-12
 

Quick Summary

Location
116 31 Avenue NW, CALGARY, Alberta T2M2N9
Price
$899,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1564ft2
Bedrooms:
3 bed +1
Bathrooms:
4
Year of Construction:
1949
Video Link:

MLS®#A2211167

Property Description

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:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Park, Playground, Schools

Building

  • Appliances: Refrigerator, Dishwasher, Stove, Washer & Dryer
  • Architectural Style: Bungalow
  • Basement Features: Suite
  • Basement Type: Full
  • Construction Style: Detached
  • Cooling Type: None
  • Exterior Finish: Brick, Stucco
  • Fireplace: No
  • Flooring Type: Carpeted, Laminate, Linoleum
  • Interior Size: 1564 sqft
  • Building Type: House
  • Stories: 1

Features

  • Feature: See remarks, Back lane

Land

  • Land Size: 7472 sqft|7,251 - 10,889 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: R-CG

Information entered by CIR Realty
Listing information last updated on: 2025-04-18 03:23:07


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How much could you save in commission selling with One Percent Realty?

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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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One Percent Realty's top FAQs

Q
What is the deal exactly, with One Percent Realty?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

Q
What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

Q
Are your listings on MLS® and realtor.ca?

Yes, and yes.


Learn more about the One Percent Realty Deal

 

April Isaac Associate

Phone:
403-888-4003
Email:
aprilonepercent@gmail.com
Support Area:
CALGARY, SOUTH EAST CALGARY, SOUTH WEST CALGARY, NORTH CALGARY, NORTH EAST CALGARY, NORTH WEST CALGARY, EAST CALGARY, WEST CALGARY, AIRDRIE, COCHRANE, OKOTOKS, CHESTERMERE, STRATHMORE, GREATER CALGARY AREA, ROCKYVIEW, DIDSBURY, LANGDON

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Anna Madden Associate

Phone:
587-830-2405
Email:
anna.madden05@gmail.com
Support Area:
Calgary, Airdrie, Cochrane, chestermere, Langdon, Okotoks, High river, Olds, Rocky View, Foothills

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Dabs Fashola Associate

Phone:
403-619-0621
Email:
homesbydabs@gmail.com
Support Area:
Calgary Southwest, Calgary Southeast, Calgary Northwest, Calgary Northeast, Okotoks, Chestermere:, Airdrie, Olds

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