By the numbers
How this listing measures up
$/sqft
$292
vs Bowness median
+285%
community avg $850K
Sqft per bedroom
—
Year built
1978
Annual taxes
$16,377
2025
Bowness avg DOM
31d
$/sqft distribution
Where this listing sits in Bowness
Of 58 active residential listings in Bowness,
this property at $292/sqft
sits in the $250–300 range.
Other active listings
This listing's price range
This listing
About this property
Exceptional opportunity to acquire a 17-unit multifamily building in the highly desirable community of Bowness. Situated on a large 65’ x 140’ corner lot, this property offers strong fundamentals and long-term upside in a prime location.
The building consists of all one-bedroom units (17 total), providing a highly desirable and easy-to-manage rental mix. Originally constructed as a 14-unit building, an additional 3 suites were added in the lower level, optimizing the overall layout and revenue potential.
Over the years, the property has benefited from numerous upgrades, including newer sliding doors on all units, cosmetic updates throughout many suites, and recently painted common areas, contributing to strong tenant appeal.
The site features 14 parking stalls, adding convenience for tenants and enhancing overall functionality.
With professional property management already in place, this is a true turnkey investment opportunity ideal for investors seeking a well-located, stabilized multifamily asset
Property details
| Inclusions | Items associated with the daily operation of the property |
| Lot size | 11205.00 sqft |
| Year built | 1978 |
| Annual taxes | $16,377 |
| Tax year | 2025 |
| Possession | Negotiable |
| Zoning | M-C1 |
| Restrictions | None Known |
| Neighbourhood | Bowness |
| 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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