3 Beds
1 Bath
867 SqFt
3 Beds
1 Bath
867 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 867.14
Square Footage 867 sqft
Price per Sqft $882
Subdivision Bowness
MLS Listing ID A2244380
Style Bungalow
Bedrooms 3
Full Baths 1
Year Built 1952
Lot Size 6,098 Sqft
Property Sub-Type Detached
Property Description
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.
Location
Province AB
County 0046
Community Fishing, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Zoning R-CG
Rooms
Basement Full, Unfinished
Interior
Interior Features See Remarks
Heating Forced Air, Natural Gas
Cooling None
Flooring Linoleum, Wood
Laundry In Basement
Exterior
Exterior Feature Private Yard
Parking Features Off Street
Fence None
Community Features Fishing, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Roof Type Asphalt Shingle
Building
Lot Description Back Lane, Back Yard, Front Yard, No Neighbours Behind
Dwelling Type House
Foundation Poured Concrete, See Remarks
New Construction No