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.
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.
Current real estate data for Single Family in Calgary as of Dec 01, 2025
3,497
Single Family Listed
55
Avg DOM
469
Avg $ / SqFt
$824,561
Avg List Price
Property Details
Price:
$989,900
MLS #:
A2271607
Status:
Active
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Tuxedo Park
Listed Date:
Nov 25, 2025
Finished Sq Ft:
899
Lot Size:
5,995 sqft / 0.14 acres (approx)
Year Built:
1952
Schools
Interior
Appliances
Dryer, Electric Stove, Refrigerator, Washer, Window Coverings
Basement
Full
Bathrooms Full
2
Laundry Features
In Basement
Exterior
Exterior Features
Private Yard
Lot Features
Back Lane, Back Yard, See Remarks
Parking Features
Single Garage Detached
Parking Total
1
Patio And Porch Features
None
Roof
Asphalt Shingle
Financial
Map
Contact Us
Mortgage Calculator
Community
- Address227 31 Avenue NE Calgary AB
- SubdivisionTuxedo Park
- CityCalgary
- CountyCalgary
- Zip CodeT2E 2G1
Subdivisions in Calgary
- Abbeydale
- Acadia
- Albert Park/Radisson Heights
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- Calgary International Airport
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- Royal Vista
- Rundle
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- Saddleridge Industrial
- Sage Hill
- Sandstone Valley
- Scarboro
- Scarboro/Sunalta West
- Scenic Acres
- Section 23
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- Sherwood
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- South Calgary
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- Southview
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- Springbank Hill
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- St Andrews Heights
- Starfield
- Stonegate Landing.
- Stoney 1
- Stoney 2
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- Stoney 4
- Strathcona Park
- Sunalta
- Sundance
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- Taradale
- Temple
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- Twinhills
- University District
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- Westgate
- Westwinds
- Whitehorn
- Wildwood
- Willow Park
- Windsor Park
- Winston Heights/Mountview
- Wolf Willow
- Woodbine
- Woodlands
- Yorkville
Property Summary
- Located in the Tuxedo Park subdivision, 227 31 Avenue NE Calgary AB is a Single Family for sale in Calgary, AB, T2E 2G1. It is listed for $989,900 and features 2 beds, 2 baths, and has approximately 899 square feet of living space, and was originally constructed in 1952. The current price per square foot is $1,101. The average price per square foot for Single Family listings in Calgary is $469. The average listing price for Single Family in Calgary is $824,561. To schedule a showing of MLS#a2271607 at 227 31 Avenue NE in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.
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227 31 Avenue NE
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