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Home Communities Bowness 4608 70 Street NW
$740,000 Active
4608 70 Street NW · Calgary · T3B 2K6
4 bd 3.0 ba 920 sqft $804/sqft Built 1951
MLS® A2329505 · Listed Jul 16, 2026
Listed by Real Broker — Tamara Stearns
By the numbers

How this listing measures up

$/sqft $804
vs Bowness median -13% community avg $850K
Sqft per bedroom 230
Year built 1951
Annual taxes $5,336 2026
Garage 2 spaces
$/sqft distribution

Where this listing sits in Bowness

Of 58 active residential listings in Bowness, this property at $804/sqft sits in the $800–850 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 · $804
Other active listings This listing's price range This listing

About this property

RARE OFFERING — Legal Basement Suite + Income Potential in Bowness. This fully RENOVATED bungalow features a city-approved, registered LEGAL basement suite, offering an exceptional opportunity for homeowners and investors alike. Fully permitted, conforming, inspected, and approved, the secondary suite meets current building code—providing true peace of mind, lender approval, and insurance-friendly ownership (not an illegal suite). With 1,641 sq ft of total developed living space, this detached home offers a modern, open-concept layout with separate private entrances to both levels, making it ideal to live up and rent down, generate rental income, or operate as a long-term or short-term rental (Airbnb). The property includes 4 bedrooms and 2.5 bathrooms, with the self-contained lower legal suite offering 2 bedrooms, a full kitchen, in-suite laundry, large bright windows, high ceilings, and modern finishes with its own separate entrance. The main level is bright and stylish, featuring luxury LVP flooring throughout, an open-concept living space, and a trendy feature wall that adds a contemporary design touch. Extensive upgrades include: newer appliances, a recently upgraded furnace, newer fascia, soffits, eaves, fencing, railings, and numerous newer windows, creating a light-filled, move-in-ready home. Situated on a massive 5,690+ sq ft lot, this property also offers outstanding future redevelopment potential, with the ability to build a second dwelling or explore four-plex development (subject to City approval)—making this an excellent holding property and long-term investment opportunity with strong cash-flow potential. Outdoors, enjoy ample space for entertaining, recreation, or expansion, plus an OVERSIZED double garage and an additional PARKING PAD capable of accommodating multiple vehicles or an RV. Perfectly located in the heart of historic and charming Bowness, just steps from a playground, minutes to downtown, and a quick drive to the mountains. The street itself is evolving, with new construction homes nearby, further enhancing future value. Whether you’re a first-time buyer seeking a mortgage helper, an investor looking for a revenue-generating property, or a homeowner wanting flexibility and growth, this is a rare and compelling opportunity not to be missed. OPEN HOUSE July 19th 12:00 - 2:00 pm.

Property details

Bedrooms4
Bathrooms3.0
StyleBungalow
HeatingForced Air,Natural Gas
CoolingNone
FlooringVinyl Plank
LevelsOne
BasementFull
Basement developmentFinished
Interior featuresBreakfast Bar,Built-in Features,Chandelier,Closet Organizers,Kitchen Island,Open Floorplan,Pantry,Quartz Counters,See Remarks,Separate Entrance
AppliancesDishwasher,Microwave Hood Fan,Refrigerator,See Remarks,Stove(s),Washer/Dryer
InclusionsIn Suite: Fridge, Stove, Dishwasher,Range Hood, Washer/Dryer
LaundryLaundry Room,Lower Level,Main Level,Multiple Locations
Lot size5694.00 sqft
Frontage36.48 ft
Lot featuresBack Lane,Back Yard,Low Maintenance Landscape,Rectangular Lot,See Remarks
Exterior featuresOther
FencingFenced
PatioDeck,Patio
Year built1951
Construction materialsWood Frame
RoofAsphalt Shingle
FoundationBlock,Poured Concrete
Parking featuresDouble Garage Detached
Garage spaces2
Parking total3
Annual taxes$5,336
Tax year2026
Possession15 Days / Neg,Immediate,Negotiable
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: Real Broker — Tamara Stearns.