227 31 Avenue NE, Calgary, Alberta T2E2G1

227 31 Avenue NE
1 / 33

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.

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

AppliancesWasher, Refrigerator, Stove, Dryer, Window Coverings
BasementFinished, Full, Separate entrance, Suite
Bathrooms Partial0
Bathrooms Total2
Bedrooms Total2
CoolingNone
FlooringConcrete, Hardwood, Ceramic Tile
HeatingForced air, Natural gas
Living Area899 sqft

Building & Exterior

Architectural StyleBungalow
Exterior FeaturesStucco, Wood siding
Foundation DetailsPoured Concrete
Parking FeaturesDetached Garage
Stories1.0
Year Built1952

Land & Location

City RegionTuxedo Park
Frontage Length15.24 meters
Lot FeaturesSee remarks, Back lane
Lot Size Area557.0 square meters
Lot Size Dimensions557.00
Parcel Number0019658103
Subdivision NameTuxedo Park

Listing & Financials

Listing OfficeDiamond Realty & Associates Ltd
Originating System NameCalgary Real Estate Board

Other Specifications

Common InterestFreehold
CountryCanada
Parking Total1

For Sale

$989,900

227 31 Avenue NE, Calgary, Alberta T2E2G1

Beds

2

Baths

2

Living Area

899 sqft

Lot Size

557 square meters

Property Type

House

Year Built

1952

Listing IDA2271607

Location & Map

Similar Homes You May Like