227 31 AVE NE new Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2E 2G1
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 899.2
Square Footage 899 sqft
Price per Sqft $1,101
Subdivision Tuxedo Park
MLS Listing ID A2271607
Style Bungalow
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1952
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Detached
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 area
A 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.
Location
Province AB
County Cal Zone Cc
Community Park,Playground,Schools Nearby,Shopping Nearby
Area Cal Zone Cc
Zoning R-CG
Direction NE
Rooms
Basement Full
Interior
Interior Features Separate Entrance,Storage
Heating Forced Air,Natural Gas
Cooling None
Flooring Ceramic Tile,Concrete,Hardwood
Inclusions none
Fireplace Yes
Appliance Dryer,Electric Stove,Refrigerator,Washer,Window Coverings
Laundry In Basement
Exterior
Exterior Feature Private Yard
Parking Features Single Garage Detached
Garage Spaces 1.0
Fence Partial
Community Features Park,Playground,Schools Nearby,Shopping Nearby
Roof Type Asphalt Shingle
Porch None
Total Parking Spaces 1
Garage Yes
Building
Lot Description Back Lane,Back Yard,See Remarks
Dwelling Type House
Faces N
Story One
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
New Construction No
Others
Restrictions None Known