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Real estate on your terms®


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. (id:53430)

Building

Property Type:
Multi-Family
Building Type:
Multi-Family
Year Built:
1974

Finished Areas

Interior Size (Total):
80729 square feet
Above Grade:
80729 square feet

Parking

Spaces:
8

Lot / Land

Lot Size:
1045.0 square meters
Frontage:
22.91 meters

Exterior

Exterior Features:
Brick, Stucco
Construction:
Wood frame

Utilities & Mechanical

Heating:
Forced air, Natural gas

Fees & Dates

Property Taxes:
$11,969
Tax Year:
2026
Last Modified:
08/12/2026 05:55:12 AM
Status Change:
08/12/2026 05:47:24 AM

Location

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Listing offered by: Homecare Realty Ltd.

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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