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3, 232 20 Avenue NE
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Beds
3
Baths
2
Sqft
1,855
Year
2022
Type
Single Family
On market
26d
Located in the sought-after inner-city community of Tuxedo Park, this modern three-storey townhouse offers a refined blend of timeless design, quality construction, and everyday convenience. Part of an exclusive fourplex inspired by Manhattan-style brownstones, the home stands out with its custom brick façade, handmade steel railings, and vintage-inspired architectural details designed to remain stylish for years to come. Built with structural steel and a silent joist floor system, the property was thoughtfully crafted with durability and low maintenance in mind. Inside, the main living level is filled with natural light and elevated by 10-foot ceilings, expansive windows, and durable Fuzion waterproof laminate flooring throughout. Designed with both style and functionality in mind, the space offers a unique layout that naturally separates the entertaining and living areas. The kitchen and dining space feature quartz countertops, stainless steel appliances including a gas range, an antique glass tile backsplash, a large island with seating, and a built-in desk ideal for working from home or everyday organization. Positioned on the opposite side of the level, the living room creates a more private and comfortable setting for relaxing, while a full four-piece bathroom connects the spaces at the centre of the floorplan. Upstairs, the primary bedroom includes its own private balcony, creating an additional outdoor retreat. Two more bedrooms and another full bathroom provide flexibility for family, guests, or a home office setup. Plush stain-resistant Berber carpet with premium underlay adds warmth and comfort throughout the upper floor. One of the home’s standout features is the expansive 16’ x 14’ rooftop patio with panoramic southern exposure, offering impressive downtown Calgary and Rocky Mountain views. Finished with ceramic patio pavers and complete with gas, power, and water connections, the space is well suited for entertaining, outdoor dining, or creating a pers onalized rooftop escape. Additional highlights include an assigned outdoor parking stall, full irrigation, and condo fees that include heat, water, and electricity. Every detail of the building was selected to support long-term durability and simplified ownership. Living in Tuxedo Park means being part of one of Calgary’s most established inner-city neighbourhoods, known for its mature tree-lined streets, strong sense of community, and convenient access to everyday amenities. The home is just minutes from local shops, restaurants, cafes, parks, playgrounds, schools, transit options, and major routes including Edmonton Trail and 16th Avenue, making it easy to move throughout the city. Downtown Calgary, the Bow River pathway system, and nearby golf courses including The Winston Golf Club are all within a short drive, offering a balanced mix of urban convenience and recreational access. Check out the 3D Tour for a closer look! (id:65958)
Second level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.08 Ft x 10.75 Ft | |
| Kitchen | 9.00 Ft x 11.17 Ft | |
| Living room | 15.08 Ft x 19.00 Ft | |
| Dining room | 13.58 Ft x 19.00 Ft |
Third level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.42 Ft x 10.92 Ft | |
| Bedroom | 7.50 Ft x 10.83 Ft | |
| Primary Bedroom | 14.75 Ft x 13.42 Ft | |
| Storage | 3.50 Ft x 3.33 Ft | |
| 3pc Bathroom | 5.08 Ft x 10.83 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-6.84%
Cap rate
3.50%
GRM
16.7
Break-even rent
$3,875
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 6, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Start with mosques, schools, halal restaurants, halal grocery, and transit. Toggle more categories when you want the fuller neighborhood picture.
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