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Descriptions:
Shovel-Ready Multi-Family Development Opportunity in Bowness!
A rare and exceptional opportunity to acquire a full-sized 50' x 120' R-CG zoned lot in the highly sought-after community of Bowness.
This prime inner-city development site comes complete with a fully approved Development Permit for a thoughtfully designed 4-plex, each unit featuring a legal basement suite — totaling 8 income-generating units.
This project is ideal for a CMHC - backed rental investment or a stratified build, offering the potential to sell individual units, each with its own secondary suite.
With the development permit in hand, you can bypass lengthy approval timelines — just pull the building permit and start construction right away. SELLER CAN BUILT THE PROJECT AND OFFER IT AS A TURNKEY SOLUTION FOR INVESTORS.
Opportunities like this don’t come often. Don’t miss your chance to capitalize on this multi-family project in one of Calgary’s most desirable redevelopment areas perfect for Developers, Builders, or long - term investors.
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| Status: |
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Active
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| Includes: |
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N/A |
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| Site Influences: |
| Back Lane, Back Yard, Front Yard, No Neighbours Behind |
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| Legal Description: |
| ACCESS Legal Description |
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| Location & Listing Info: |
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| Lot Size: |
0.14
sq.ft.
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| Lot Shape: |
Back Lane,Back Yard,Front Yard,No Neighbours Behind |
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| Property Info: |
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| Property Type: |
Residential Detached Single Family |
| Home Style: |
Bungalow |
| Year Built: |
1952 |
| Total Floor Area: |
867 sq. ft. |
| Brokerage: |
CIR Realty |
| Construction Type: |
Concrete,Stucco,Wood Frame
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| Front Exposure: |
S
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| Exterior: |
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| Exterior: |
Concrete, Stucco, Wood Frame |
| Construction: |
Concrete,Stucco,Wood Frame |
| Frontage: |
15.24M 50`0" |
| Front Exposure: |
S |
| Roof: |
Asphalt Shingle |
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| Rooms: |
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| Total Bedrooms: |
3
(Bedrooms Above: 3)
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| Bathrooms: |
Full: 1
/ Half: 0
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| Rooms Above: |
3 |
| Ensuite: |
No
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| Parking Plan Type: |
Off Street
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| Garage: |
0
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| Additional Info: |
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| Heating: |
Forced Air, Natural Gas |
| Basement: |
Full, Unfinished |
| Basement Type: |
Full, Unfinished |
| Floor Finish: |
Linoleum, Wood |
| Fireplace Details: |
For Sale |
| Parking: |
Off Street |
| Total Parking: |
2
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| Restrictions: |
Contact for Restrictions |
| Heating Type: |
Forced Air,Natural Gas
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| Heating Fuel: |
Forced Air,Natural Gas
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| Restrictions: |
None Known
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Contact Peter Appleby -
#10, 6020 1A Street SW, Calgary, Alberta, T2H 0G3
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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