3 Bedroom
1 Bathroom
867 ft2
Bungalow
None
Forced Air
$765,000
Shovel-Ready Multi-Family Development Opportunity in Bowness!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. (id:58331)
Property Details
|
MLS® Number
|
A2244380 |
|
Property Type
|
Single Family |
|
Community Name
|
Bowness |
|
Amenities Near By
|
Park, Playground, Schools, Shopping |
|
Community Features
|
Fishing |
|
Features
|
See Remarks, Back Lane, No Neighbours Behind |
|
Parking Space Total
|
2 |
|
Plan
|
5960am |
|
Structure
|
Deck |
Building
|
Bathroom Total
|
1 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Total
|
3 |
|
Appliances
|
None |
|
Architectural Style
|
Bungalow |
|
Basement Development
|
Unfinished |
|
Basement Type
|
Full (unfinished) |
|
Constructed Date
|
1952 |
|
Construction Material
|
Poured Concrete, Wood Frame |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
None |
|
Exterior Finish
|
Concrete, Stucco |
|
Flooring Type
|
Linoleum, Wood |
|
Foundation Type
|
Poured Concrete, See Remarks |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
1 |
|
Size Interior
|
867 Ft2 |
|
Total Finished Area
|
867.14 Sqft |
|
Type
|
House |
Parking
Land
|
Acreage
|
No |
|
Fence Type
|
Not Fenced |
|
Land Amenities
|
Park, Playground, Schools, Shopping |
|
Size Depth
|
36.57 M |
|
Size Frontage
|
15.24 M |
|
Size Irregular
|
558.00 |
|
Size Total
|
558 M2|4,051 - 7,250 Sqft |
|
Size Total Text
|
558 M2|4,051 - 7,250 Sqft |
|
Zoning Description
|
R-cg |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Main Level |
Primary Bedroom |
|
|
8.83 Ft x 12.75 Ft |
|
Main Level |
4pc Bathroom |
|
|
7.42 Ft x 5.08 Ft |
|
Main Level |
Bedroom |
|
|
8.17 Ft x 12.75 Ft |
|
Main Level |
Bedroom |
|
|
8.00 Ft x 12.75 Ft |