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$2,450,000
Est. payment /mo
0.26 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Bowness
MLS® Listing ID A2328567
Year Built 1974
Annual Tax Amount $11,969
Tax Year 2026
Lot Size 0.258 Acres
Acres 0.26
Property Sub-Type Multi Family
Source Calgary
Property Description
Welcome to this 8 unit bi-level multi-family building for sell, an exceptional investment opportunity in the heart of Bowness, one of Calgary's fastest-transforming inner-city communities. Surrounded by newly developed multi-family projects, this well-maintained property offers excellent holding income today with outstanding redevelopment potential for the future.
Situated on a 75' x 150' M-C1 zoned lot, the building features 8 rental units, including 2 three-bedroom units, 4 two-bedroom units, and 2 one-bedroom units, along with 8 rear parking stalls. The property generates strong cash flow, making it an ideal long-term investment while you benefit from future land appreciation and redevelopment opportunities.
Conveniently located within walking distance to schools, shopping, parks, and everyday amenities. Enjoy being just 10 minutes from WinSport, Farmer's Market, Bowness Park, and a wide variety of major retail and dining destinations, while downtown Calgary is only a 15-minute drive away.
Whether you're an investor looking for stable income, a developer seeking your next project, or a buyer wanting to secure land in a rapidly evolving neighbourhood, this is an opportunity you won't want to miss.
Situated on a 75' x 150' M-C1 zoned lot, the building features 8 rental units, including 2 three-bedroom units, 4 two-bedroom units, and 2 one-bedroom units, along with 8 rear parking stalls. The property generates strong cash flow, making it an ideal long-term investment while you benefit from future land appreciation and redevelopment opportunities.
Conveniently located within walking distance to schools, shopping, parks, and everyday amenities. Enjoy being just 10 minutes from WinSport, Farmer's Market, Bowness Park, and a wide variety of major retail and dining destinations, while downtown Calgary is only a 15-minute drive away.
Whether you're an investor looking for stable income, a developer seeking your next project, or a buyer wanting to secure land in a rapidly evolving neighbourhood, this is an opportunity you won't want to miss.
Location
Province AB
County Calgary
Area Cal Zone Nw
Zoning M-C1
Interior
Heating Forced Air, Natural Gas
Inclusions 8 x Fridge, 8 x Stove, 6 x Washer, 6 x Dryers
Exterior
Lot Frontage 75.17
Total Parking Spaces 8
Building
Structure Type Brick,Stucco,Wood Frame
Others
Restrictions None Known
Tax ID 112764766
Ownership Private
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Listed by Homecare Realty Ltd.
NEARBY SCHOOL & BUSINESS
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