120 29 Avenue NW, Calgary, Alberta
Commercial For Sale in Calgary, Alberta
$1,980,000
-
Property Type
Commercial
-
Bedrooms
0
-
Bath
0
-
Garage
0
-
Sq Ft
4,830
-
Year Built
1972
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.
| Street Address: | 120 29 Avenue NW |
| City: | Calgary |
| Province/State: | Alberta |
| Postal Code: | N/A |
| County/Parish: | Calgary |
| Subdivision: | Tuxedo Park |
| Country: | Canada |
| Latitude: | 51.07899347 |
| Longitude: | -114.06380786 |
| MLS® Number: | A2310526 |
| Price: | $1,980,000 |
| Property Area: | 0 Sq ft |
| Bedrooms: | 0 |
| Bathrooms Half: | 0 |
| Bathrooms Full: | 0 |
| Living Area: | 0 Sq ft |
| Building Area: | 4,830 Sq ft |
| Year Built: | 1972 |
| Listing Date: | May 12, 2026 |
| Garage Spaces: | 0 |
| Property Type: | Commercial |
| Property Subtype: | Multi Family |
| MLS Status: | Active |
Additional Details
| Flooring: | N/A |
| Construction: | Concrete |
| Parking: | N/A |
| Appliances: | N/A |
| Stories: | N/A |
| Zoning: | M-C1 |
| Fireplace: | N/A |
| Amenities: | N/A |
Utilities & Systems
| Heating: | Boiler,Natural Gas |
| Property Type | Commercial |
| Building Type | Multi Family |
| Community Name | Tuxedo Park |
| Subdivision Name | Tuxedo Park |
| Title | Fee Simple |
| Land Size | 7,491 sqft |
| Built in | 1972 |
| Annual Property Taxes | Contact listing agent |
| Parking Type | N/A |
| Time on MLS Listing | 7 days |
Building Features
| Construction Material | Concrete |
Heating & Cooling
| Heating Type | Boiler, Natural Gas |
Exterior Features
| Exterior Finish | Concrete |
Parking
| Total Parking Spaces | 6 |
Interior Size
| Total Building Area: | 4,830 sq ft |
Room Count
Lot Information
| Lot Size: | 7,491 sq ft |
| Lot Size (Acres): | 0.17 acres |
| Frontage: | 63 ft |
Legal
| Legal Description: | 3980AM;46;34-36 |
| Title to Land: | Fee Simple |
- Concrete
Floor plan information is not available for this property.
Monthly Payment Breakdown
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