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:51913)
House 
3 
1 
867 sqft | 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 Sqft |
| Total Finished Area | 867.14 Sqft | Type | House |
| Other |
| 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 |
| Level | Type | 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 |
3
1087 Sq ft
1
We are always ready to provide timely consultation and assist you with any questions you may have.
