206 23 Avenue NE
Pending Listing

206 23 Avenue NE

206 23 Avenue NE, Calgary

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$3,000,000Price
5,995Sq Ft

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.

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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.

Refined Amenities

Curated features for a sophisticated lifestyle.

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Specifications

Property Details

Property TypeMulti-Family
Property Subtype4 plex
StructureFour Plex
Transaction TypeFor Sale
Living Area5,995 sq ft
Living Area (m²)557.0 m²
Lot Size5,941 sq ft
Lot Acres0.1400
Year Built2026
Parking Total4
AppliancesSee Remarks
Price / Sq Ft$500.42
Annual Taxes$12,345 (2025)
ZoningR-CG
PossessionUpon Completion
Title / LandFee Simple
Days on Market3
ListedApril 4, 2026
NeighbourhoodTuxedo Park
DistrictCAL Zone CC
MLS NumberA2299052
The Location

Tuxedo Park

206 23 Avenue NE, Calgary, Alberta, T2E 1V7

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Your Luxury Real Estate Specialist

Inquiries & Private Showings

Spencer Rivers

Calgary luxury real estate specialist. Whether you are looking to buy, sell, or simply want more information about this property, I am here to help.

Listing courtesy of Royal LePage METRO.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2025 are $12,345. Contact Spencer Rivers for the most recent assessment documents.
Is a private viewing available?expand_more
Yes, private viewings are available by appointment. Contact Spencer Rivers at 403-966-9237 or visit our contact page to schedule a showing.
What is the listing status?expand_more
This property is currently Pending. MLS A2299052. Listed April 4, 2026. Listed by Royal LePage METRO.

Ask About This Property

Get in touch with Spencer Rivers for a private showing, detailed floor plans, or more information about this listing.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board (CREB). The trademarks MLS, Multiple Listing Service and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Data last updated: May 1, 2026.