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:51913)
House 
2 
2 
968 sqft | 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 |
| Other |
| 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 |
| 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 |
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2251 Sq ft
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3
2546 Sq ft
3
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