Homes for sale - 227 31 Avenue NE, Calgary, AB T2E2G1

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Parminder Mand

pmand@yycinvestments.ca +1(403) 615-5492

$ 989,900

Est. payment | -/mo

2 Beds

2 Baths

899 SqFt

Save

$ 989,900

Est. payment | -/mo

Save

2 Beds

2 Baths

899 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 899 sqft

Price per Sqft $1,101

Subdivision Tuxedo Park

MLS® Listing ID A2271607

Style Bungalow

Bedrooms 2

Year Built 1952

Lot Size 5,995 Sqft

Acres 0.1376377

Property Sub-Type Freehold

Source Calgary Real Estate Board

Property Description

Fantastic opportunity in one of Calgary's most desirable inner-city communities. This rare 50' x 120' RC-G lot comes with an approved Development Permit, saving months of planning and giving buyers, builders, and investors a direct path to start their next project.The location is exceptional—close to grocery stores, pharmacies, banks, restaurants, parks, schools, and public transportation, with downtown just a five-minute drive away. Enjoy the convenience of nearby Centre Street, Edmonton Trail, and the vibrant Bridgeland community only minutes from your door. This rapidly evolving area features new infills, multi-unit developments, and strong builder demand, offering outstanding long-term value or an ideal shovel-ready build opportunity.The property includes an existing bungalow with an illegal basement suite and separate entrance—perfect for generating rental income while you prepare for redevelopment. The main level offers two bedrooms, a bright living area, and a functional kitchen with original hardwood and cabinetry in great condition. The lower level features two additional bedrooms, a second kitchen (illegal suite), and a comfortable living space. A single-car garage and spacious backyard complete the property.Located in highly sought-after Tuxedo Park, known for its tree-lined streets, parks, and proximity to great local restaurants, cafés, and shopping along Centre Street. Whether you plan to build, invest, or live in the home as you plan your next step, this is a rare opportunity in a thriving inner-city neighbourhood.Highlights: DP-approved project, 50' x 120' RC-G lot, Quiet street with active redevelopment, Quick access to Downtown, Centre Street, Edmonton Trail, and Bridgeland, Strong long-term value in a high-growth areaA once-in-a-lifetime opportunity to secure a truly ready-to-go inner-city project. Reach out for more details on the approved plans and next steps. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Extra Room 1 Basement 10.50 Ft x 11.17 Ft Other

Extra Room 2 Basement 11.67 Ft x 12.83 Ft Other

Extra Room 3 Basement 13.92 Ft x 11.92 Ft Family room

Extra Room 4 Basement 6.08 Ft x 10.92 Ft Storage

Extra Room 5 Basement 5.75 Ft x 8.08 Ft 3pc Bathroom

Extra Room 6 Main level 3.50 Ft x 5.25 Ft Other

Interior

Heating Forced air,

Cooling None

Flooring Ceramic Tile, Concrete, Hardwood

Exterior

Parking Features Yes

Garage Spaces 1.0

Garage Description 1

Fence Partially fenced

View Y/N No

Total Parking Spaces 1

Private Pool No

Building

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

Listed by Diamond Realty & Associates LTD.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 615-5492

pmand@yycinvestments.ca

Canada

227 31 Avenue NE Calgary, AB T2E2G1