120 29 Avenue NW
Calgary, AB, T2M2L8
$1,980,000
Beds
0 Baths
SqFt
0.17 Acres
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MLS #A2310526 image #0
This 8-unit concrete apartment building in Tuxedo Park, comprising seven one-bedroom units and one studio, offers a rare turnkey investment with significant value-add potential. The property has undergone over $240,000 in recent capital improvements—including a new high-efficiency hydronic boiler, a full SBS membrane roof replacement, electrical upgrades, and building-envelope and security enhancements—ensuring that all major mechanical and structural work is complete. Currently operated as non-market housing, the asset sits significantly below inner-city market rates, providing immediate rental upside through unit-level cosmetic renovations. Situated just one block north of the future 28th Avenue Green Line LRT station and steps from the Centre Street MAX Green BRT corridor, the property features six energized parking stalls, shared laundry, and a current fire inspection on file, making it a premier transit-oriented acquisition.

Property Details

Price:
$1,980,000
MLS #:
A2310526
Status:
Active
Baths:
0
Type:
Commercial
Subtype:
Multi Family
Subdivision:
Tuxedo Park
Listed Date:
May 12, 2026
Lot Size:
7,491 sqft / 0.17 acres (approx)
Year Built:
1972
Tuxedo Park

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Schools

Interior

Exterior

Parking Energized
6
Parking Total
6
Roof
Flat Torch Membrane

Financial

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Community

Subdivisions in Calgary

Market Summary

Current real estate data for Commercial in Calgary as of Jun 07, 2026
726
Commercial Listed
125
Avg DOM
$749,825
Avg List Price

Property Summary

    Located in the Tuxedo Park subdivision, 120 29 Avenue NW Calgary AB is a Commercial for sale in Calgary, AB, T2M2L8. It is listed for $1,980,000 To schedule a showing of MLS#a2310526 at 120 29 Avenue NW in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .

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120 29 Avenue NW
Calgary, AB