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.
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
| Bedrooms | 4 |
| Bathrooms | 3.0 |
| Style | Bungalow |
| Heating | Forced Air,Natural Gas |
| Cooling | None |
| Flooring | Vinyl Plank |
| Levels | One |
| Basement | Full |
| Basement development | Finished |
| Interior features | Breakfast Bar,Built-in Features,Chandelier,Closet Organizers,Kitchen Island,Open Floorplan,Pantry,Quartz Counters,See Remarks,Separate Entrance |
| Appliances | Dishwasher,Microwave Hood Fan,Refrigerator,See Remarks,Stove(s),Washer/Dryer |
| Inclusions | In Suite: Fridge, Stove, Dishwasher,Range Hood, Washer/Dryer |
| Laundry | Laundry Room,Lower Level,Main Level,Multiple Locations |
| Lot size | 5694.00 sqft |
| Frontage | 36.48 ft |
| Lot features | Back Lane,Back Yard,Low Maintenance Landscape,Rectangular Lot,See Remarks |
| Exterior features | Other |
| Fencing | Fenced |
| Patio | Deck,Patio |
| Year built | 1951 |
| Construction materials | Wood Frame |
| Roof | Asphalt Shingle |
| Foundation | Block,Poured Concrete |
| Parking features | Double Garage Detached |
| Garage spaces | 2 |
| Parking total | 3 |
| Annual taxes | $5,336 |
| Tax year | 2026 |
| Possession | 15 Days / Neg,Immediate,Negotiable |
| Zoning | R-CG |
| Title | Fee Simple |
| Restrictions | None Known |
| Neighbourhood | Bowness |
| Community features | Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths |
| List AOR | Calgary |
Location
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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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