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$2,200,000
5 Days On Site

120 29 Avenue NW
Calgary, AB T2M2L8

For Sale|Multi Family|Active
0
Beds
0
Total Baths
4,830
SqFt
$455
/SqFt
1972
Built
Subdivision:
Tuxedo Park
Call Now: (404)606-8822
Is this the listing for you? We can help make it yours.
(404)606-8822
120 29 Avenue NW120 29 Avenue NW120 29 Avenue NW120 29 Avenue NW
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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. (id:31684)

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Listing Snapshot
Price 
$2,200,000
Days On Site 
5 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,830 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.172 Acres
Year Built 
1972
MLS® Number 
A2310526
Status 
Active
Property Tax 
N/A
Maintenance Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
5 days agoListing first seen on site
General Features
Parking Spaces 
6
Property Sub Type 
Multi Family
SqFt Total 
4830
Interior Features
Heating 
Natural Gas
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Exterior Features
Construction Details 
Concrete
Frontage 
19.2 m

Listing courtesy of: Miki Somos of REMAX Innovations

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.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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