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.
Data was last updated April 13, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
27
Avg list price:
$848,800
Min list price:
$229,000
Max list price:
$1,538,000
Avg days on market:
25
Min days on market:
1
Max days on market:
64
Avg price per sq.ft.:
$500.4
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.