120 29 Avenue NW, Calgary, Alberta, T2M2L8
120 29 Avenue NW, Calgary, Alberta, T2M2L8
Tuxedo Park, Calgary
- $2,200,000
- $2,200,000
- A2310526
- 0.17
- 1972
Property Description
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
-
Property Type Commercial, Multi-Family
-
MLS Number A2310526
-
Year Built 1972
-
Property Status Active
-
Parking 6
-
Brokerage name REMAX Innovations
Features & Amenities
Similar Listings
10 minutes ago
#820 602 12 Avenue SW, Calgary, Alberta, T2R 1J3
- $1,497,884
- $1,497,884
40 minutes ago
40 minutes ago
55 minutes ago
#220 20 Saddlestone Drive NE, Calgary, Alberta, T3J 0W8
- $899,900
- $899,900
55 minutes ago
55 minutes ago
Are you interested in 120 29 Avenue NW, Calgary, Alberta, T2M2L8?
For over two decades, home buyers and sellers have come to depend on us for our expertise in buying and selling their properties.
LEt's Get Started
Work With Us
With years of experience helping local home Buyers and Sellers just like yourself in Cochrane and Calgary, Alberta, we know how to find the finest real estate properties and help you negotiate the best rates.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
