My Listings
227 31 Avenue NE
Tuxedo Park
Calgary
T2E 2G1
$989,900
Land
- Status:
- Active
- Prop. Type:
- Land
- MLS® Num:
- A2271611
- Photos (16)
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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:
- Immediate, Negotiable
- Taxes:
- $4,255 / 2025
- Tax Assessed Value:
- 688500.0
- Lot Area:
- 5,995 sq. ft.557 m2
- Lot Frontage:
- 15'2⅞"4.65 m
- 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:
- 1
Larger map options:
Listed by Diamond Realty & Associates LTD.
Data was last updated November 26, 2025 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 85
- Avg list price:
- $1,300,000
- Min list price:
- $349,000
- Max list price:
- $36,000,000
- Avg days on market:
- 151
- Min days on market:
- 9
- Max days on market:
- 3,038
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- Elaine Pippi
- Diamond Realty & Associates Ltd.
- 1 (403) 714-4867
- ejpippi@gmail.com
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.
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