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Home Communities Bowness 8816 48 Avenue
$1,599,900 Active
8816 48 Avenue · Calgary · T3B 2B2
4 bd 3.0 ba 1,642 sqft $974/sqft Built 1999
MLS® A2321167 · Listed Jun 18, 2026
Listed by eXp Realty — Ken Rigel, Chase Karl
By the numbers

How this listing measures up

$/sqft $974
vs Bowness median +88% community avg $850K
Sqft per bedroom 410
Year built 1999
Annual taxes $6,716 2025
Garage 2 spaces
$/sqft distribution

Where this listing sits in Bowness

Of 58 active residential listings in Bowness, this property at $974/sqft sits in the $950–1000 range.
$250–$300/sqft · 4 listings $300–$350/sqft · 3 listings $350–$400/sqft · 2 listings $400–$450/sqft · 8 listings $450–$500/sqft · 12 listings $500–$550/sqft · 5 listings $550–$600/sqft · 5 listings $600–$650/sqft · 4 listings $650–$700/sqft · 1 listing $700–$750/sqft · 1 listing $750–$800/sqft · 1 listing $800–$850/sqft · 2 listings $850–$900/sqft · 2 listings $900–$950/sqft · 2 listings $950–$1000/sqft · 1 listing $1000–$1050/sqft · 0 listings $1050–$1100/sqft · 1 listing $1100–$1150/sqft · 0 listings $1150–$1200/sqft · 0 listings $1200–$1250/sqft · 0 listings $1250–$1300/sqft · 0 listings $1300–$1350/sqft · 0 listings $1350–$1400/sqft · 0 listings $1400–$1450/sqft · 1 listing $1450–$1500/sqft · 0 listings $1500–$1550/sqft · 1 listing $1550–$1600/sqft · 0 listings $1600–$1650/sqft · 0 listings $1650–$1700/sqft · 0 listings $1700–$1750/sqft · 1 listing $1750–$1800/sqft · 0 listings $1800–$1850/sqft · 0 listings $1850–$1900/sqft · 0 listings $1900–$1950/sqft · 0 listings $1950–$2000/sqft · 1 listing $250 $350 $450 $550 $650 $750 $850 $950 $1050 $1150 $1250 $1350 $1450 $1550 $1650 $1750 $1850 $1950 $2000 This · $974
Other active listings This listing's price range This listing

About this property

Welcome to your own private waterfront retreat in the heart of Bowness. Homes with this kind of setting—and this level of potential—simply don't come up often. Nestled right on the lagoon and surrounded by mature trees, this exceptional property offers a rare opportunity to enjoy true waterfront living in one of Calgary’s most desirable locations. Plus, you have the rare opportunity to also purchase the lot directly next door. Step out onto your dock and embrace every season—whether you're canoeing and paddle-boarding across the lagoon in the summer, or lacing up your skates to glide onto the ice in the winter. Inside, the home features a smart, functional layout that maximizes its incredible surroundings. Large windows throughout flood the space with natural light and showcase beautiful views of the water and surrounding greenery, creating a peaceful escape that feels miles away from the city. The open-concept main floor balances warmth and charm, making it perfect for both quiet nights in and effortless entertaining. The spacious kitchen is a central hub, featuring a large island and ample workspace that flows seamlessly into the dining and living areas. The main floor is dedicated to comfortable daily living, featuring a generously sized primary bedroom. Downstairs, the fully developed basement completely opens up the home's functionality, offering three additional bedrooms—perfect for a family, a home office, or guests—plus plenty of extra living space. The property also includes an attached garage with mezzanine for extra storage. And then there’s the lifestyle. Bowness has its own distinct, small-town feel right in the city. Running, walking, and biking trails are just steps away from your door, and you go cross-country skiing throughout the winter. Here, you have abundant local wildlife right outside, you can walk to Bowness Park and the river pathways, and you’re just a short drive from the Calgary Farmers’ Market West, excellent local shops, and restaurants. If you’re seeking an active outdoor lifestyle, a tranquil waterfront escape, and a property with unmatched future potential, this one is absolutely worth a look. For more information, photos, and a 360 tour, click the links below!

Property details

Bedrooms4
Bathrooms3.0
StyleBungalow
HeatingIn Floor,Forced Air,Natural Gas
CoolingNone
FlooringCarpet,Hardwood,Tile
LevelsOne
BasementFull
Basement developmentFinished
Interior featuresChandelier,High Ceilings,No Smoking Home,Open Floorplan,Skylight(s),Vaulted Ceiling(s),Vinyl Windows
AppliancesDishwasher,Dryer,Gas Stove,Microwave,Refrigerator,Washer
InclusionsN/A
LaundryMain Level
Lot size8180.00 sqft
Frontage13.71 ft
Lot featuresBack Yard,Creek/River/Stream/Pond,Landscaped,Many Trees,No Neighbours Behind,Views
Exterior featuresDock,Garden,Rain Gutters
FencingPartial
PatioDeck
Year built1999
Construction materialsBrick,Stucco,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresAdditional Parking,Concrete Driveway,Double Garage Attached,Driveway
Garage spaces2
Parking total5
Annual taxes$6,716
Tax year2025
PossessionNegotiable
ZoningR-CG
TitleFee Simple
RestrictionsNone Known
NeighbourhoodBowness
Community featuresPark,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths
List AORCalgary

Location

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About Bowness

AI-generated summary

Bowness 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.
Full Bowness community profile →

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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Listed by: eXp Realty — Ken Rigel, Chase Karl.