Property Details
233 25 Avenue NE
Calgary (A2348704)
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 and 4 legal basement suites, with one suite per townhome. Each townhome offers bright, spacious layouts with modern finishes, while 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.
Fully leased and generating positive cash flow, Tuxedo Place offers investors immediate, stabilized income in a highly desirable inner-city rental market. Strong location fundamentals support consistent occupancy and long-term appreciation, with residents enjoying convenient access to downtown Calgary, major transit corridors, Confederation Park, schools, shopping, restaurants, and recreational amenities.
A significant investment advantage is the existing assumable CMHC-insured mortgage at 3.729%, maturing December 1, 2030, subject to lender and CMHC approval. This below-market financing presents a rare opportunity for qualified purchasers to secure favourable debt, potentially enhancing cash flow and reducing financing costs while acquiring a stabilized, income-producing asset.
Rarely do stabilized, purpose-built multifamily assets with assumable CMHC financing become available in Calgary’s premier inner-city market. Tuxedo Place represents an exceptional opportunity for private investors, family offices, and institutional buyers seeking immediate cash flow, long-term appreciation, and attractive in-place financing.
With its 8-unit configuration, strong tenant appeal, desirable central location, and future redevelopment potential, Tuxedo Place offers a compelling combination of current income and long-term upside.
An exceptional opportunity to acquire a stabilized, income-producing multifamily asset with favourable assumable financing in one of Calgary’s established inner-city communities
Property details
- MLS® #
- A2348704
- Property Type:
- Commercial
- Subtype:
- Multi Family
- Subdivision:
- Tuxedo Park
- Price
- $3,699,999
- Sale/Lease:
- For Sale
- Size:
- 12,000 sq.ft.
- Year Built:
- 2024 (2 years old)
- Structure Type:
- Townhouse
- Garage:
- No
- Fence:
- Basement:
- No
- Inclusions:
- None
- Lot Size:
- 0 acres
- Zoning:
- R-CG
- Heating:
- High Efficiency, Natural Gas
- Cooling:
- Central Air
- Possession:
- 30 Days / Neg
- Days on Market:
- 1
Basic Info
Building Info
Lot / Land Info
Materials & Systems
Listing Info
Contact
Find Us
Awards
2019 Top 50 REALTORS Under 35 in Canada
2018 Top 200 REALTORS in Canada
Contact
587-777-7276
yuri@grassrootsrealtygroup.ca
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
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