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Home Communities Tuxedo Park 120 29 Avenue NW
$1,750,000 Sold
120 29 Avenue NW · Calgary · T2M2L8
bd ba 4,830 sqft $362/sqft Built 1972
MLS® A2310526 · Listed May 12, 2026
Listed by REMAX Innovations — Miki Somos
By the numbers

How this listing measures up

$/sqft $362
vs Tuxedo Park median +69% community avg $1035K
Sqft per bedroom
Year built 1972
Annual taxes $9,394 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 $362/sqft sits in the $350–400 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 · $362
Other active listings This listing's price range This listing

About this property

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

HeatingBoiler,Natural Gas
Inclusions8 Fridges 8 Stoves 1 Washer & 1 Dryer
Lot size7491.00 sqft
Frontage63 ft
Year built1972
Construction materialsConcrete
RoofFlat Torch Membrane
Parking total6
Annual taxes$9,394
Tax year2025
Possession30 Days / Neg
ZoningM-C1
TitleFee Simple
RestrictionsNone Known
NeighbourhoodTuxedo Park
List AORCalgary

Location

Sold comparables in Tuxedo Park

59 recent sales in Tuxedo Park

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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: REMAX Innovations — Miki Somos.