By the numbers
How this listing measures up
$/sqft
$1,606
vs Montgomery median
-11%
community avg $1203K
Sqft per bedroom
222
Year built
1951
Annual taxes
$3,887
2025
Montgomery avg DOM
29d
$/sqft distribution
Where this listing sits in Montgomery
Of 27 active residential listings in Montgomery,
this property at $1,606/sqft
sits in the $1600–1650 range.
Other active listings
This listing's price range
This listing
About this property
MU-1 f3.0 h16 | 50x120 FT CORNER LOT. This is your opportunity to shape the future of one of Calgary’s most dynamic inner-city corridors. Situated on a prominent corner along Bowness Rd NW, this 50x120 ft parcel offers exceptional potential for developers looking to capitalize on the city’s push for vibrant, walkable, mixed-use communities. With MU-1 f3.0 h16 zoning, the site offers the ideal balance of density, flexibility, & neighborhood integration, making it perfectly suited for a range of residential & commercial redevelopment options. CORNER LOT ADVANTAGE – MAXIMUM VISIBILITY & DESIGN FLEXIBILITY. This high-exposure corner lot enhances architectural possibilities, increases natural light, & offers dual street frontage—ideal for activating both facades with retail, townhomes, or a signature multifamily entrance. Corner sites like this are increasingly rare in inner-city redevelopment & provide long-term value through visual prominence & efficient site access. MU-1 ZONING – INFILL-FRIENDLY & FLEXIBLE. Zoned MU-1 with a 3.0 Floor Area Ratio & a maximum building height of 16 metres, this site allows developers the freedom to build up to 18,000+ sq ft (depending on design). Permitted uses include multi-family apartments or condominiums, street-oriented townhomes, live/work units, & boutique medical, office, or retail. This zoning supports a versatile mixed-use format aligned with Calgary’s long-term land use strategy & provides the flexibility to adapt to changing market demands. BOWNESS ROAD NW – A NEIGHBOURHOOD MAIN STREET ON THE RISE. Located within a designated Neighbourhood Main Street in the Calgary Municipal Development Plan, the site benefits from public investment, infrastructure improvements, & strong community engagement. The area is surrounded by shops, parks, transit, schools, & the Bow River Pathway, making it one of Calgary’s most desirable growth corridors. Directly across the street, a 176-unit condo is underway—boosting density and foot traffic that could support two retail bays on this lot. DEVELOPMENT POTENTIAL. Subject to city approval, redevelopment options include mid-rise residential with 12–18 units, a mixed-use building with retail at grade & housing above, or ground-oriented townhomes designed for families, working professionals, or downsizers. A site-specific design could incorporate rooftop patios, green features, & modern architecture to maximize value. Calgary’s continued westward population growth & strong demand for urban living outside the downtown core position this site perfectly to meet both investor goals & community needs. WHY INVEST HERE? Proven area growth with strong absorption in adjacent developments. Built-in demand from professionals, families, & downsizers seeking urban lifestyle. Excellent transit connectivity & walkable access to amenities support higher density. City-backed redevelopment vision offers long-term upside. Corner exposure makes this a rare infill with curb appeal & strong development potential.
Property details
| Bedrooms | 3 |
| Bathrooms | 1.0 |
| Style | Bungalow |
| Heating | Forced Air |
| Cooling | None |
| Flooring | Carpet,Hardwood |
| Levels | One |
| Basement | Full |
| Basement development | Partially Finished |
| Interior features | See Remarks |
| Appliances | Electric Stove,Refrigerator,Washer/Dryer |
| Inclusions | None |
| Laundry | In Basement |
| Lot size | 5995.00 sqft |
| Frontage | 49.81 ft |
| Lot features | Corner Lot,Rectangular Lot |
| Exterior features | Other |
| Fencing | Fenced |
| Patio | None |
| Year built | 1951 |
| Construction materials | Vinyl Siding,Wood Frame |
| Roof | Asphalt Shingle |
| Foundation | Poured Concrete |
| Parking features | Off Street,Parking Pad |
| Parking total | 2 |
| Annual taxes | $3,887 |
| Tax year | 2025 |
| Possession | 15 Days / Neg |
| Zoning | MU-1 f3.0h16 |
| Title | Fee Simple |
| Restrictions | None Known |
| Neighbourhood | Montgomery |
| Community features | Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths |
| List AOR | Calgary |
Location
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AI-generated summaryA mature, riverside community with a relaxed, unpretentious character blending long-time locals with newcomers drawn to its proximity to the Bow River and easy access to the mountains.
Borders the Bow River, offering direct access to extensive riverside pathways
Close proximity to the University of Calgary and Foothills Medical Centre
16th Avenue NW (Trans-Canada Highway) provides a quick westward escape to the Rockies
Housing
Predominantly post-war bungalows and infill developments, with a growing number of modern duplexes and semi-detached homes replacing older stock.
Transit
Served by several Calgary Transit bus routes with connections toward the University District and downtown, though a personal vehicle is useful for most errands.
Amenities
Home to a growing strip of independent restaurants and shops along 16th Avenue NW, with Shouldice Athletic Park and the Bow River pathway system nearby.
Who lives here
A mix of long-established families, young professionals, and university-affiliated residents who value outdoor access and a tight-knit community feel.
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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