206 23 AVE NE, Calgary, AB T2E 1V7
206 23 AVE NE, Calgary, AB T2E 1V7
206 23 AVE NE, Calgary, AB T2E 1V7
206 23 AVE NE, Calgary, AB T2E 1V7
206 23 AVE NE, Calgary, AB T2E 1V7
206 23 AVE NE, Calgary, AB T2E 1V7
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Justin Newman

Justin Newman

+1(403) 668-1272
$ 3,000,000
Est. payment | /mo

5,995 SqFt

Save
$ 3,000,000
Est. payment | /mo
Save

5,995 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Pending

Purchase Type For Sale

Approx. Sqft 5995.0

Square Footage 5,995 sqft

Price per Sqft $500

Subdivision Tuxedo Park

MLS Listing ID A2299052

Year Built 2026

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type 4 plex

Property Description

Exceptional Investment Opportunity in Tuxedo Park – Brand-New,High-Yield 4-Plex An extraordinary opportunity to elevate your real estate portfolio with this architecturally stunning 4-plex,perfectly situated in the heart of Tuxedo Park—one of Calgary's most sought-after inner-city communities. Renowned for its central location,strong rental demand,and vibrant urban character,Tuxedo Park is the ideal setting for this purpose-built,income-generating asset. This newly constructed property features four meticulously designed townhomes,each offering 3 spacious bedrooms. Complementing each unit are fully legal 2-bedroom basement suites—bringing the total to eight separate rental units,each with its own private entrance. This rare configuration offers exceptional income potential and operational flexibility. From the moment you arrive,the curb appeal is undeniable. The exterior showcases timeless architecture with a modern edge—clean lines,premium materials,and an elegant,cohesive colour palette create a boutique aesthetic rarely found in multi-family developments. Professional landscaping,contemporary lighting,and a unified facade further elevate the property's distinguished presence. Inside,each suite is thoughtfully finished with high-end,low-maintenance materials selected for both style and durability. Quartz countertops,stainless steel appliances,luxury vinyl plank flooring,and oversized energy-efficient windows ensure lasting appeal to quality tenants while keeping operating costs low. Strategically located just minutes from downtown Calgary,with quick access to major roadways,public transit,parks,schools,and amenities,this property offers convenience for tenants and exceptional returns for investors. Eligible for CMHC Select Financing,this is a rare chance to secure a turnkey,high-performance asset in a high-demand rental market. Don't miss your opportunity to own one of Calgary's most visually striking and intelligently designed multi-family investments. Contact us today for full details or to arrange a private tour. Please note: Photos are AI generated.

Location

Province AB

County Cal Zone Cc

Area Cal Zone Cc

Zoning R-CG

Direction NE

Interior

Fireplace No

Appliance See Remarks

Exterior

Total Parking Spaces 4

Garage No

Building

Dwelling Type Four Plex

Others

Restrictions None Known

Listed by Royal LePage METRO

LOCATION AND NEARBY PROPERTIES

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206 23 AVE NE

NEWLY LISTED IN THE CALGARY AREA

There are 18 quick searches

HOMES FOR SALE DOWNTOWN CALGARY

HOMES FOR SALE IN NORTHWEST CALGARY

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Justin Newman

Justin Newman

Agent | License ID: 00540392

+1(403) 668-1272

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REVIEWS

https://cdn.chime.me/image/fs/sitebuild/2022815/3/original_4f84e7d0-9456-495c-a45d-02ade0b6fb37.png

Justin was prompt with his responses and clear with expectation for the process. It was a smooth and enjoyable selling experience with him. I have worked with couple other realtors before and I can say with confident Justin would be who I will use for any of my future transaction.

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