227 31 Avenue NE
Calgary, AB, T2E 2G1
$989,900
2 Beds
2 Baths
899 SqFt
0.14 Acres
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MLS #A2271607 image #0
Fantastic opportunity in one of Calgary’s most desirable inner-city communities. This rare 50&#39' x 120&#39' 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&#39' x 120&#39' 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 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
GarageTuxedo ParkFullBack Lane,back Yard,see Remarks

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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

Community

Subdivisions in Calgary

Market Summary

Current real estate data for Single Family in Calgary as of Feb 01, 2026
2,460
Single Family Listed
48
Avg DOM
470
Avg $ / SqFt
$838,029
Avg List Price

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 $470. The average listing price for Single Family in Calgary is $838,029. To schedule a showing of MLS#a2271607 at 227 31 Avenue NE in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .

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227 31 Avenue NE
Calgary, AB