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Home Communities Tuxedo Park 206 23 Avenue NE
$3,000,000 Active
206 23 Avenue NE · Calgary · T2E 1V7
bd ba 5,995 sqft $500/sqft Built 2026
MLS® A2299052 · Listed Apr 4, 2026
Listed by Royal LePage METRO — Raman Gahra
By the numbers

How this listing measures up

$/sqft $500
vs Tuxedo Park median +190% community avg $1035K
Sqft per bedroom
Year built 2026
Annual taxes $12,345 2025
Tuxedo Park avg DOM 45d
$/sqft distribution

Where this listing sits in Tuxedo Park

Of 28 active residential listings in Tuxedo Park, this property at $500/sqft sits in the $500–550 range.
$250–$300/sqft · 2 listings $300–$350/sqft · 5 listings $350–$400/sqft · 2 listings $400–$450/sqft · 2 listings $450–$500/sqft · 5 listings $500–$550/sqft · 2 listings $550–$600/sqft · 5 listings $600–$650/sqft · 1 listing $650–$700/sqft · 0 listings $700–$750/sqft · 2 listings $750–$800/sqft · 0 listings $800–$850/sqft · 1 listing $850–$900/sqft · 0 listings $900–$950/sqft · 1 listing $250 $350 $450 $550 $650 $750 $850 $950 This · $500
Other active listings This listing's price range This listing

About this property

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.

Property details

AppliancesSee Remarks
InclusionsN/A
Lot size5941.00 sqft
Year built2026
Parking total4
Annual taxes$12,345
Tax year2025
PossessionUpon Completion
ZoningR-CG
TitleFee Simple
RestrictionsNone Known
NeighbourhoodTuxedo Park
List AORCalgary

Location

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About Tuxedo Park

AI-generated summary

Tuxedo Park is a charming, established inner-city neighbourhood with a relaxed residential feel and easy access to the energy of nearby 16th Avenue. Tree-lined streets and a strong sense of community make it a quiet retreat close to the urban core.

Located just north of the Trans-Canada Highway (16th Avenue N), offering quick access across the city
Tuxedo Park Community Association actively hosts local events and maintains recreational facilities
Proximity to SAIT Polytechnic makes it popular with staff and mature students
Housing
The area features a mix of original early-20th-century bungalows and character homes alongside newer infill duplexes and townhomes.
Transit
Well-served by Calgary Transit bus routes along major corridors, with reasonable walkability to shops and services on 16th Avenue N and Centre Street.
Amenities
Residents enjoy proximity to the shops, restaurants, and cafés along 16th Avenue N and Centre Street, with Confederation Park just minutes away for green space.
Who lives here
A blend of long-time homeowners, young professionals, and families drawn to the neighbourhood's inner-city convenience and community character.
Full Tuxedo Park community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

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Listed by: Royal LePage METRO — Raman Gahra.