8308 Bowness Road NW new Save Request In-Person Tour Request Virtual Tour
Calgary,AB T3B0H6
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 968 sqft
Price per Sqft $924
Subdivision Bowness
MLS Listing ID A2221629
Style Bungalow
Bedrooms 2
Year Built 1957
Lot Size 8,298 Sqft
Acres 0.19051825
Property Sub-Type Freehold
Source Calgary Real Estate Board
Property Description
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:24570)
Location
Province AB
Rooms
Kitchen 1.0
Extra Room 1 Basement 35.33 Ft x 9.50 Ft Recreational, Games room
Extra Room 2 Basement 11.58 Ft x 9.83 Ft Laundry room
Extra Room 3 Basement 9.83 Ft x 9.58 Ft Bedroom
Extra Room 4 Basement 7.00 Ft x 9.33 Ft 3pc Bathroom
Extra Room 5 Main level 16.83 Ft x 11.42 Ft Kitchen
Extra Room 6 Main level 10.83 Ft x 11.42 Ft Dining room
Interior
Heating Forced air
Cooling None
Flooring Ceramic Tile,Laminate
Exterior
Parking Features No
Fence Partially fenced
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 1
Architectural Style Bungalow
Others
Ownership Freehold