8308 Bowness Road Nw, Calgary, Alberta T3B 0H6 New

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$895,000

Highlights

$895,000

Price

2

Beds

2

Baths

968 sqft

Lot

For sale

Status

A2221629

MLS® ID

ATTENTION BUILDERS & INVESTORS!! PRIME 10 UNIT DP APPROVED MULTI-FAMILY DEVELOPMENT OPPORTUNITY | This development qualifies for CMHC’s MLI Select program, making it eligible for up to 50-year amortization and as little as 5% down—an attractive financing option for maximizing ROI. Exceptional opportunity for investors and developers—this DP-approved multi-family site in the heart of Bowness is ready to build and primed for success. The project features five thoughtfully designed townhomes, each with a legal basement suite, offering a total of 10 income-generating units. Located on a rare 8,300+ square foot M-C1 reverse pie lot with 90 feet of frontage, this property combines size, zoning, and location to deliver outstanding potential. Unit sizes range from approximately 1,500 to 1,650 square feet spread over three storeys, each offering rooftop patios and unobstructed south-facing views of Canada Olympic Park. The inclusion of basement suites adds rental flexibility and significantly boosts revenue potential. Located close to public transit, shopping, Bowness Park, the River Pathway system, and the new Farmers Market West, this site offers not only convenience but a vibrant community lifestyle. Site plan and DP drawings are available upon request. An ideal opportunity to break ground this spring and capitalize on Calgary’s growing multi-family market. (id:55690)

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    FEATURES AND AMENITIES

    Property Features

    • MLS® Number A2221629
    • Price $895,000
    • Bedrooms: 2
    • Bathrooms: 2
    • Square Footage: 968 sqft
    • Property Type: House
    • Community Name: Bowness
    • Amenities Near By Schools, Shopping
    • Features Back Lane
    • Parking Space Total 3
    • Plan 2074hb
    • Structure None

    Buildings

    Bathroom Total 2 Bedrooms Above Ground 1
    Bedrooms Below Ground 1 Bedrooms Total 2
    Appliances Refrigerator, Oven - Electric, Dishwasher Architectural Style Bungalow
    Basement Development Partially Finished Basement Type Full (partially Finished)
    Constructed Date 1957 Construction Material Wood Frame
    Construction Style Attachment Detached Cooling Type None
    Exterior Finish Wood Siding Flooring Type Ceramic Tile, Laminate
    Foundation Type Poured Concrete Heating Type Forced Air
    Stories Total 1 Size Interior 968 Sqft
    Total Finished Area 967.89 Sqft Type House

    Parking

    Other

    Land

    Acreage No Fence Type Partially Fenced
    Land Amenities Schools, Shopping Size Depth 35.96 M
    Size Frontage 27.43 M Size Irregular 771.00
    Size Total 771 M2|7,251 - 10,889 Sqft Size Total Text 771 M2|7,251 - 10,889 Sqft
    Zoning Description M-c1

    Rooms

    Level Type Dimensions
    Basement Recreational, Games Room 35.33 Ft x 9.50 Ft
    Basement Laundry Room 11.58 Ft x 9.83 Ft
    Basement Bedroom 9.83 Ft x 9.58 Ft
    Basement 3pc Bathroom 7.00 Ft x 9.33 Ft
    Main Level Kitchen 16.83 Ft x 11.42 Ft
    Main Level Dining Room 10.83 Ft x 11.42 Ft
    Main Level Living Room 17.83 Ft x 11.75 Ft
    Main Level Primary Bedroom 10.67 Ft x 11.42 Ft
    Main Level 3pc Bathroom 5.42 Ft x 7.83 Ft

    Agents and Offices

    • Justin Warthe
    • Office: Real Broker

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