Data was last updated 2025-06-03 at 12:20:05 GMT
$895,000

8308 Bowness Road NW   Calgary, Alberta

MLS®: A2221629
URL:    
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.

Listing Information

Prop. Type:
Detached
Property Style:
Bungalow
Status:
Active
City:
Calgary
Bedrooms:
2
Full Bathrooms:
2
Neighbourhood:
Bowness
Area:
Calgary
Province:
Alberta
MLS® Number:
A2221629
Listing Price:
$895,000

General Information

Year Built:
1957
Total Square Feet:
968ft2

Additional Information

Basement Dev:
Full, Partially Finished
Parking:
Off Street

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Location


Mr Channi Toor
THE REAL ESTATE COMPANY LTD.
11, 5080 - 12A STREET S.E., Calgary, Alberta
Office: 403-478-1400
Mobile: 403-478-1400
Fax: 403-592-9201
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.