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227 31 Avenue NE in Calgary: Tuxedo Park Commercial Land for sale : MLS®# A2271611

227 31 Avenue NE Calgary T2E 2G1 : Tuxedo Park

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$989,900
Prop. Type:
Land
MLS® Num:
A2271611
Status:
Active
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.
Property Type:
Land
Property Sub Type:
Commercial Land
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Lower Level Finished Area:
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Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
Switch units of measure5,995 sq. ft.
Lot Frontage:
Switch units of measure15'2⅞"
Acres Cleared:
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Reg. Size:
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Reg. Size Includes:
Bathrooms:
- (Full:-, Half:-)
Plan:
3980AM
Ensuite:
No
Garage:
No
Tuxedo Park
stove electric, refrigerator, dryer, washer, window coverings
None Known
Title to Land:
Fee Simple
Lot Features:
Back Lane, Back Yard, City Lot
Num. of Parcels:
0
Outbuildings:
Bungalow
Fencing:
Partial
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
Nov 25, 2025
Days on Mkt:
Listed by Diamond Realty & Associates Ltd
Data was last updated November 28, 2025 at 02:05 AM (UTC)
JOHN MALICK
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.