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Real estate on your terms®


Property Description

RARE BOW RIVER WATERFRONT DEVELOPMENT OPPORTUNITY. Situated on an extraordinary pie-shaped parcel with 200 feet of Bow River shore access and 98 feet of frontage, this is a truly unique opportunity for developers, investors, or those seeking an unmatched estate property. The property can be legally subdivided into three separate lots, with the southernmost lot already conditionally approved for subdivision, creating immediate development potential and reducing future timelines.Whether you're looking to build a signature riverfront estate, create a multi-lot luxury development, or secure a long-term holding property with significant upside, opportunities of this caliber are exceptionally rare. Build your dream home on one lot while living in or generating income from the extensively renovated executive-style raised bungalow next door.The existing residence has undergone substantial upgrades and improvements, offering outstanding value as a holding property. Soaring 16-foot vaulted ceilings, dramatic wall-to-wall windows, and panoramic river views create a true "escape to nature" experience while remaining connected to city amenities.Major updates include triple-pane windows, fibre cement siding with real stone masonry, composite decking with cable railings, air conditioning, updated water and sewer lines, PEX plumbing, a 200-amp electrical service, sump pump, sewer backup prevention valve, and two high-efficiency furnaces. The chef-inspired kitchen features premium Miele appliances under warranty until 2029, custom soft-close cabinetry, quartz countertops with waterfall edge and a walk-in working pantry. Additional highlights include Acacia engineered hardwood flooring, spa-inspired bathrooms, a legal basement bedroom, commercial-grade LVP flooring, and an oversized detached garage.For added peace of mind, the property has been pre-inspected (May 2026) and includes an updated RPR (2026).A rare chance to acquire a premier riverfront property offering immedia te enjoyment, rental potential, and exceptional future development opportunities along one of Calgary's most sought-after natural corridors. Restrictive covenant on title is in the process of being removed. (id:53430)

Building

Property Type:
House
Building Type:
House
Style:
Bungalow
Year Built:
1920
Stories:
1.0
Bedrooms:
2
Bathrooms (total):
3.5 (1 half)
Basement:
Partially finished, Full, Separate entrance, Walk out

Finished Areas

Interior Size (Total):
1564 square feet
Above Grade:
1564 square feet

Interior

Flooring:
Tile, Hardwood, Carpeted, Vinyl Plank
Appliances:
See remarks

Parking

Spaces:
5
Features:
Detached Garage

Lot / Land

Lot Size:
3545.0 square meters
Frontage:
29.87 meters
Lot Features:
PVC window, No neighbours behind, Closet Organizers, No Smoking Home, Level

Exterior

Exterior Features:
Stone
Construction:
Wood frame
Foundation:
Poured Concrete
Fencing:
Fence

Utilities & Mechanical

Heating:
Forced air, Natural gas
Cooling:
Central air conditioning

Views & Waterfront

View:
View

Comfort & Security

Fireplace(s):
1

Fees & Dates

Property Taxes:
$12,360
Tax Year:
2025
Last Modified:
08/17/2026 05:55:02 AM
Status Change:
08/17/2026 05:45:17 AM

Association / Ownership

Common Interest:
Freehold

Room Dimensions

RoomLevelSize
2pc Bathroom Main level 8.00 Ft x 6.58 Ft
5pc Bathroom Main level 14.17 Ft x 10.33 Ft
Dining room Main level 16.00 Ft x 10.25 Ft
Foyer Main level 17.75 Ft x 6.50 Ft
Kitchen Main level 11.83 Ft x 12.00 Ft
Living room Main level 16.83 Ft x 34.33 Ft
Primary Bedroom Main level 14.33 Ft x 14.67 Ft
Other Main level 5.92 Ft x 9.25 Ft
3pc Bathroom Basement 6.67 Ft x 11.08 Ft
Bedroom Basement 18.33 Ft x 14.42 Ft
Recreational, Games room Basement 24.00 Ft x 33.33 Ft
Storage Basement 12.33 Ft x 22.75 Ft
Furnace Basement 19.67 Ft x 15.58 Ft

Location

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Listing offered by: RE/MAX House of Real Estate

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.

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