By the numbers
How this listing measures up
$/sqft
$918
vs Bowness median
-6%
community avg $850K
Sqft per bedroom
289
Year built
1956
Annual taxes
$3,378
2025
Garage
1 space
$/sqft distribution
Where this listing sits in Bowness
Of 58 active residential listings in Bowness,
this property at $918/sqft
sits in the $900–950 range.
Other active listings
This listing's price range
This listing
About this property
Seize a rare opportunity to invest in a lot with designs for a purpose-built multi-residential development in the dynamic and growing community of Bowness, Calgary. This project has been brought together by MCA Construction Group and comes with a fully approved and released Development Permit putting you on the fast track to construction and returns. These critical milestones significantly reduce development risk timelines. Additionally the DSSP and DP levies have been fully paid and the Building Permit drawings are complete and ready for submission. Strategically located, this investment property is positioned to attract strong tenant demand. It’s just 6 minutes from the tranquil Bowness Park, 8 minutes from Market Mall, and within a 10–14 minute commute to the University of Calgary, SAIT, Ambrose University, Alberta Children’s Hospital, and Foothills Medical Centre. This prime location ensures long-term rental stability and appeal. Spanning over 7,000 sq ft of total livable space, the project features eight thoughtfully designed units: four spacious 3-bedroom, 2.5-bathroom upper units and four 1-bedroom, 1-bath lower units. All units include in-suite laundry, with lower units also offering in-suite bike parking. These homes are tailored for the high-end rental market, combining modern design, functionality, and comfort to maximize tenant satisfaction and rental yield. Purchase the lot or purchase as a turnkey development with the potential to leverage CMHC Select Financing. All major approvals are in place and construction services are available through MCA Construction Group or opt to bring your own builder. This is a rare opportunity to invest in a brand-new, purpose-built multifamily project with minimal friction. Whether you're a seasoned investor or looking to expand your portfolio with a high-quality asset, this property represents a unique chance to capitalize on Calgary’s rental market with confidence. This is your opportunity to build in one of Calgary’s most promising up and coming neighborhoods.
Property details
| Bedrooms | 3 |
| Bathrooms | 2.0 |
| Style | Bungalow |
| Heating | High Efficiency |
| Cooling | None |
| Flooring | Carpet |
| Levels | One |
| Basement | Full |
| Basement development | Finished |
| Interior features | See Remarks,Soaking Tub |
| Appliances | None |
| Inclusions | None |
| Laundry | In Basement,Laundry Room |
| Lot size | 557.00 sqft |
| Frontage | 50 ft |
| Lot features | Back Lane,Back Yard,Cul-De-Sac |
| Exterior features | Playground,Private Entrance |
| Fencing | Fenced |
| Patio | Deck |
| Year built | 1956 |
| Construction materials | Unknown |
| Roof | Asphalt Shingle |
| Foundation | Poured Concrete |
| Parking features | Single Garage Detached |
| Garage spaces | 1 |
| Parking total | 1 |
| Annual taxes | $3,378 |
| Tax year | 2025 |
| Possession | Immediate,Negotiable |
| Zoning | R-CG |
| Title | Fee Simple |
| Restrictions | None Known |
| Neighbourhood | Bowness |
| Community features | Park,Playground,Schools Nearby,Shopping Nearby |
| List AOR | Calgary |
Location
Sold comparables in Bowness
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Sign up to see sold dataAbout Bowness
AI-generated summaryBowness is a laid-back, riverside community with a strong village-like identity and a growing arts and café culture that blends long-time locals with newcomers drawn to its charm.
Bowness was an independent town before being annexed by Calgary in 1963
Bowness Park features a popular lagoon used for paddleboats in summer and skating in winter
The community borders the Bow River, offering direct access to Calgary's extensive pathway system
Housing
The area features a mix of post-war bungalows, infill duplexes, and new single-family builds, offering relatively affordable entry points compared to nearby inner-city communities.
Transit
Bowness is served by Calgary Transit bus routes with connections toward downtown, though most residents rely on personal vehicles for daily errands.
Amenities
Residents enjoy Bowness Park along the Bow River, the Bowness Road main street with local shops and cafés, and easy access to Canada Olympic Park and the broader Paskapoo Slopes.
Who lives here
The community attracts a diverse mix of long-established families, young couples seeking affordability, and outdoor enthusiasts who value proximity to river pathways and the mountains.
This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.
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