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by Diane Richardson

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Phone: 403.397.3706

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140 21 Avenue NE
Tuxedo Park Calgary T2E 1S2

$899,000
Residential beds: 1 baths: 1.0 855 sq. ft. built: 1942

Main Photo: 140 21 Avenue NE in Calgary: Tuxedo Park Detached for sale : MLS®# A2191678
Photo 1: 140 21 Avenue NE in Calgary: Tuxedo Park Detached for sale : MLS®# A2191678
Photo 2: 140 21 Avenue NE in Calgary: Tuxedo Park Detached for sale : MLS®# A2191678
Photo 3: 140 21 Avenue NE in Calgary: Tuxedo Park Detached for sale : MLS®# A2191678
Photo 4: 140 21 Avenue NE in Calgary: Tuxedo Park Detached for sale : MLS®# A2191678
Photo 5: 140 21 Avenue NE in Calgary: Tuxedo Park Detached for sale : MLS®# A2191678
Photo 6: 140 21 Avenue NE in Calgary: Tuxedo Park Detached for sale : MLS®# A2191678
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2191678
Bedrooms:
1
Bathrooms:
1
Year Built:
1942
Welcome to 140-21 Ave NE, a premium corner lot located in the heart of Calgary's highly sought-after Tuxedo Park neighborhood. This spacious 5,750 sq. ft. parcel offers an exceptional opportunity for developers and investors to create a lucrative project in one of the city's most dynamic areas. The property is being sold for land value only, as the existing structure is not livable. However, the city has approved a permit to move the house, saving you the cost and effort of demolition. With a conditional Development Permit (DP) already approved, this lot is ready for the construction of a 4-plex with 4 secondary suites, an excellent opportunity for those seeking a high return on investment. Additionally, the city-approved 4-plex plans are included and attached in the photos for your review. The location is ideal, offering close proximity to downtown Calgary, the C-Train, highway access, hospitals, SAIT, the University of Calgary, and numerous amenities including Lina's Italian Market and other shopping centres. Preliminary assessments and attached drawings have already passed city requirements, and construction can begin as soon as a building permit is obtained. This property also presents a great opportunity to take advantage of CMHC mortgage options with low interest rates. For those looking for flexibility, a joint venture may be considered, or a build-to-suit option is available with tentative possession for the completed project in March 2026. This is a rare opportunity to secure a prime development lot in a vibrant, high-demand neighborhood. Only pre-approved mortgage or cash buyers will be considered. Priced to sell quickly. don't miss your chance to capitalize on this incredible opportunity. Contact us today!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bungalow
Total Living Area:
855.2 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,737 sq. ft.
Lot Frontage:
45'10¾"
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
South
Reg. Size:
Reg. Size Includes:
Levels:
One
Total Rooms Above Grade:
1
Year built:
1942 (Age: 83)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
21290
Heating:
Other
Basement:
See Remarks
Foundation:
Other, See Remarks
New Constr.:
No
Construction Material:
Other, See Remarks
Structure Type:
House
Roof:
Other, See Remarks
Ensuite:
No
Flooring:
Other, See Remarks
Cooling:
None
Fireplaces:
1
Fireplace Details:
None
Garage:
0
Garage Spaces:
2
Parking:
None
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
None
Tuxedo Park
None
N/A
See Remarks
Floor
Type
Size
Other
Main Floor
Bedroom
30'5" × 26'1"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
26'1" x 30'5"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
See Remarks
Exterior Features:
None
Patio And Porch Features:
None
Lot Features:
Back Lane, Back Yard, Corner Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C1
Listed Date:
Feb 03, 2025
Days on Mkt:
  • Photo 1: 140 21 Avenue NE in Calgary: Tuxedo Park Detached for sale : MLS®# A2191678
    Photo 1 of 6
  • Photo 2: 140 21 Avenue NE in Calgary: Tuxedo Park Detached for sale : MLS®# A2191678
    Approved 4plex plan.
  • Photo 3: 140 21 Avenue NE in Calgary: Tuxedo Park Detached for sale : MLS®# A2191678
    Front view
  • Photo 4: 140 21 Avenue NE in Calgary: Tuxedo Park Detached for sale : MLS®# A2191678
    Angle view of lot. Corner lot on 21 Ave NE
  • Photo 5: 140 21 Avenue NE in Calgary: Tuxedo Park Detached for sale : MLS®# A2191678
    Side view
  • Photo 6: 140 21 Avenue NE in Calgary: Tuxedo Park Detached for sale : MLS®# A2191678
    Side view
Larger map options:
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Listed by URBAN-REALTY.ca
Data was last updated February 4, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$854,950
Min list price:
$265,000
Max list price:
$1,164,000
Avg days on market:
23
Min days on market:
1
Max days on market:
289
Avg price per sq.ft.:
$509.35
These statistics are generated based on the current listing's property type and located in Tuxedo Park. Average values are derived using median calculations.
Get market change alerts
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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. Used under license.

Contact Diane Richardson: 

Get in Touch with Your Questions or to Schedule Viewings via Phone, Email, Contact Form, or Live Chat

Contact Options:

  • Contact Form: Use the form on my website to send me a message directly. Please provide your name, email address, and message, and don't forget to include the property address or MLS® number for the listing you're interested in.

  • Phone Number: Call me directly at 403.397.3706 for any questions or to schedule viewings.

  • Email Address: Send me an email at Diane@Mypadcalgary.com for additional information or questions you may have.

  • Live Chat: Connect with me in real-time through the live chat feature on my website for immediate answers to your questions.
    This is a great way to get immediate answers to your questions. To ensure a prompt response, please include the property address or MLS® number for the listing you are interested in.

Diane Richardson
Cell: 403-397-3706