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“DP APPROVED LOT WITH Legal Secondary Suite” – OPPORTUNITY KNOCKS! Vacant inner-city lots like this don’t come up often. Welcome to 206 19 AVE NE, a premium parcel located in the highly desirable community of Tuxedo Park. Situated on a 25 ft x 125 ft lot, this property offers exceptional potential for builders, investors, and visionaries looking to capitalize on one of Calgary’s steadily growing inner-city neighborhoods. Positioned on a quiet yet well-connected street, this location provides easy access to downtown Calgary, major roadways, public transit, and nearby amenities. You’re just minutes from parks, schools, local shops, cafes, and restaurants, making it an ideal setting for modern urban living. The area is surrounded by a blend of charming character homes, contemporary infills, and ongoing redevelopment—highlighting the strong demand and future upside of Tuxedo Park. Adding even more value, approved development permits are already in place (available in the supplement section), allowing you to move forward with confidence and reduced timelines. With its generous dimensions and prime location, this lot presents endless possibilities—whether you’re planning a custom home, infill development, or a strategic investment (subject to city approvals). A rare opportunity to secure a ready-to-build inner-city property in a high-demand area—bring your vision to life at 206 19 AVE NE. (id:66619)
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Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
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Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.