233 25 Avenue NE

Tuxedo Park · Calgary · Multi-Family · MLS® A2348704

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About this property

Tuxedo Place – Boutique Multi-Unit Investment Opportunity in Central CalgaryIntroducing 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 cen tral 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

Above grade

12,000 sq ftas filed on the MLS® record

The $/sq ft on this page uses the above-grade figure only, because that is what the sold record it is compared against uses. Developed area includes the basement and is not comparable to it.

The full record

MLS® number

A2348704

Property type

Multi-Family

Building type

Multi-Family

Floor area

12,000 sq ft

Year built

2024

Lot area

8,988 sq ft

$ per sq ft of lot

$412

Zoning

R-CG

Heating

Natural gas

Cooling

Central air conditioning

Legal plan

2617AG

Listed on

2026-09-28

Days on market

18

Listing courtesy of Royal LePage Solutions · Gene Yamada. Data from the CREA Data Distribution Facility (DDF®), refreshed 2026-10-16 09:37, deemed reliable but not guaranteed. View on REALTOR.ca