Property Details for MLS® # A2348704
233 25 Avenue, Calgary
Multi Family for Sale
- MLS®#: A2348704
- Price: $3,699,999
- Status: Active
- Year Built: 2024
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
Contact Dan Salloum About MLS® A2348704
Dan Salloum, 403-807-0366 at RE/MAX HOUSE OF REAL ESTATE, 4034-16 st SW, Calgary, Alberta, T2T-4H4
property information
- Property Type: Multi Family
- MLS®#: A2348704
- Year Built: 2024
Community Information
- Address: 233 25 Avenue
- Neighbourhood: Tuxedo Park
- City: Calgary
- Postal Code: T2E1Y2
interior
- Included: None
- Fireplace Details: For Sale
services & amenities
- Heating: High Efficiency,Natural Gas
- Heating: High Efficiency, Natural Gas
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