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$ 3,749,999
Est. payment | /mo
12,000 SqFt
$ 3,749,999
Est. payment | /mo
12,000 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $312
Subdivision Tuxedo Park
MLS Listing ID A2287086
Year Built 2024
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Multi Family
Property Description
Tuxedo Place – Boutique Multi-Unit Investment Opportunity in Central Calgary
Introducing Tuxedo Place — a rare,purpose-built 8-unit investment property ideally located in the heart of Tuxedo Park,one of Calgary's most accessible and evolving inner-city neighbourhoods. This turnkey rental property sits on a 75 ft x 120 ft (9,000 sq ft) lot and offers a functional unit mix that appeals to a wide range of tenants.
The property is comprised of:
4 well-designed townhomes
4 legal basement suites (1 per townhome)
Each townhome offers bright,spacious layouts with modern finishes,and the basement suites are fully self-contained with private entrances,providing strong additional rental income. The design and configuration support both owner-occupancy and full investment use.
Located just minutes from downtown Calgary,major transit corridors,Confederation Park,schools,and retail amenities,Tuxedo Place offers stable long-term rental performance and future redevelopment potential in an increasingly desirable location.
Introducing Tuxedo Place — a rare,purpose-built 8-unit investment property ideally located in the heart of Tuxedo Park,one of Calgary's most accessible and evolving inner-city neighbourhoods. This turnkey rental property sits on a 75 ft x 120 ft (9,000 sq ft) lot and offers a functional unit mix that appeals to a wide range of tenants.
The property is comprised of:
4 well-designed townhomes
4 legal basement suites (1 per townhome)
Each townhome offers bright,spacious layouts with modern finishes,and the basement suites are fully self-contained with private entrances,providing strong additional rental income. The design and configuration support both owner-occupancy and full investment use.
Located just minutes from downtown Calgary,major transit corridors,Confederation Park,schools,and retail amenities,Tuxedo Place offers stable long-term rental performance and future redevelopment potential in an increasingly desirable location.
Location
Province AB
County Cal Zone Cc
Area Cal Zone Cc
Zoning R-CG
Direction NE
Interior
Heating High Efficiency, Natural Gas
Cooling Central Air
Inclusions None
Fireplace No
Exterior
Garage No
Building
Dwelling Type Townhouse
Others
Restrictions None Known
Listed by Royal LePage Solutions
LOCATION AND OTHER NEARBY PROPERTIES
REVIEWS
Shuvolaxmi Dutta
Highly recommend! An absolute pleasure to work with.
We recently purchased our beautiful new home in Calgary with the help of Viren and we couldn’t be happier with the entire experience. From the very beginning, he truly listened to our specific needs, likes, and dislikes. He understood exactly what we were looking for in a family home and didn’t recommend us to see anything that didn’t align with our vision.
He was very respectful of our budget and helped us find excellent options within our range without ever making us feel pressured. He never rushed us — even when we took time to think things through, he was patient and supportive every step of the way.
What really stood out was how he went above and beyond during the final walkthrough. He took care of a few issues that came up and made sure everything was properly addressed before closing. It gave us so much peace of mind.
Most importantly, working with him felt like searching for a home with a close family friend. His warmth, honesty, and genuine care made, what could have been a stressful process, truly enjoyable. We are so grateful for his help in finding our perfect family home and would recommend him to anyone without hesitation!
Thank you again Viren!
Stallone Dias
We recently worked with Viren to purchase a rental property, and the experience was excellent from start to finish.
Buying a home can be stressful, but Viren made the entire process smooth and straightforward. He was knowledgeable, responsive, and always available to answer our questions. We never felt pressured and always felt that he had our best interests in mind.
His guidance throughout the search, negotiations, and closing process was invaluable, and thanks to his hard work, we found the perfect property.
I would highly recommend Viren to anyone looking to buy or sell a home. Thank you for making what could have been a stressful experience such a positive one! - We will definitely be in-touch when we're in the market for another property.
Michael Rand
I am a Alberta certified home inspector for a top home inspection company and have had the pleasure to work with Virin on a few occasions, his professional attitude and knowledge of the space is exceptional and should be a bar set by all realtors to match. It was a pleasure and I look forward to a long professional relationship with him and his company in the future. Thanks for being so professional and prompt with all requests.
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