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$ 2,450,000
Est. payment | /mo
80,729 SqFt
$ 2,450,000
Est. payment | /mo
80,729 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 80,729 sqft
Price per Sqft $30
Subdivision Bowness
MLS Listing ID A2328567
Year Built 1974
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Multi Family
Property Description
Welcome to this 8 unit bi-level multi-family building for sell,an exceptional investment opportunity in the heart of Bowness,one of Calgary's fastest-transforming inner-city communities. Surrounded by newly developed multi-family projects,this well-maintained property offers excellent holding income today with outstanding redevelopment potential for the future.
Situated on a 75' x 150' M-C1 zoned lot,the building features 8 rental units,including 2 three-bedroom units,4 two-bedroom units,and 2 one-bedroom units,along with 8 rear parking stalls. The property generates strong cash flow,making it an ideal long-term investment while you benefit from future land appreciation and redevelopment opportunities.
Conveniently located within walking distance to schools,shopping,parks,and everyday amenities. Enjoy being just 10 minutes from WinSport,Farmer's Market,Bowness Park,and a wide variety of major retail and dining destinations,while downtown Calgary is only a 15-minute drive away.
Whether you're an investor looking for stable income,a developer seeking your next project,or a buyer wanting to secure land in a rapidly evolving neighbourhood,this is an opportunity you won't want to miss.
Situated on a 75' x 150' M-C1 zoned lot,the building features 8 rental units,including 2 three-bedroom units,4 two-bedroom units,and 2 one-bedroom units,along with 8 rear parking stalls. The property generates strong cash flow,making it an ideal long-term investment while you benefit from future land appreciation and redevelopment opportunities.
Conveniently located within walking distance to schools,shopping,parks,and everyday amenities. Enjoy being just 10 minutes from WinSport,Farmer's Market,Bowness Park,and a wide variety of major retail and dining destinations,while downtown Calgary is only a 15-minute drive away.
Whether you're an investor looking for stable income,a developer seeking your next project,or a buyer wanting to secure land in a rapidly evolving neighbourhood,this is an opportunity you won't want to miss.
Location
Province AB
County 0046
Area Cal Zone Nw
Zoning M-C1
Direction NW
Interior
Heating Forced Air, Natural Gas
Inclusions 8 x Fridge, 8 x Stove, 6 x Washer, 6 x Dryers
Fireplace No
Exterior
Total Parking Spaces 8
Garage No
Building
Dwelling Type Low Rise (2-4 stories)
Others
Restrictions None Known
Virtual Tour https://www.youtube.com/watch?v=sU6593esuMc
Listed by Homecare Realty Ltd.
LOCATION AND OTHER NEARBY PROPERTIES
REVIEWS
Charlene Soares
Viren is a very responsive realtor who drops everything to come see his clients. He will help you with your house purchasing decisions by providing additional resources to evaluate the current market situation and always available for questions. Great realtor to choose if you are on the market searching for excellent help!
Crystal Carew
Viren is excellent to talk to about real estate. He is very knowledgeable about the Tuscany and Rocky Ridge areas of Calgary. I always enjoy chatting with him.
caroline nunes
Viren is an amazing realtor. He is knowledgeable and has great insights. He is also very easy to work with and friendly.
He helped us when we moved to Calgary. And am sure he will help you find a great house in the perfect location suited to your needs.
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