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$2,450,000
Est. payment /mo
80,729 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 80,729 sqft
Price per Sqft $30
Subdivision Bowness
MLS Listing ID A2328567
Year Built 1974
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Multi Family
Property Description
Welcome to this 8 unit bi-level multi-family building for sell,an exceptional investment opportunity in the heart of Bowness,one of Calgary's fastest-transforming inner-city communities. Surrounded by newly developed multi-family projects,this well-maintained property offers excellent holding income today with outstanding redevelopment potential for the future.
Situated on a 75' x 150' M-C1 zoned lot,the building features 8 rental units,including 2 three-bedroom units,4 two-bedroom units,and 2 one-bedroom units,along with 8 rear parking stalls. The property generates strong cash flow,making it an ideal long-term investment while you benefit from future land appreciation and redevelopment opportunities.
Conveniently located within walking distance to schools,shopping,parks,and everyday amenities. Enjoy being just 10 minutes from WinSport,Farmer's Market,Bowness Park,and a wide variety of major retail and dining destinations,while downtown Calgary is only a 15-minute drive away.
Whether you're an investor looking for stable income,a developer seeking your next project,or a buyer wanting to secure land in a rapidly evolving neighbourhood,this is an opportunity you won't want to miss.
Situated on a 75' x 150' M-C1 zoned lot,the building features 8 rental units,including 2 three-bedroom units,4 two-bedroom units,and 2 one-bedroom units,along with 8 rear parking stalls. The property generates strong cash flow,making it an ideal long-term investment while you benefit from future land appreciation and redevelopment opportunities.
Conveniently located within walking distance to schools,shopping,parks,and everyday amenities. Enjoy being just 10 minutes from WinSport,Farmer's Market,Bowness Park,and a wide variety of major retail and dining destinations,while downtown Calgary is only a 15-minute drive away.
Whether you're an investor looking for stable income,a developer seeking your next project,or a buyer wanting to secure land in a rapidly evolving neighbourhood,this is an opportunity you won't want to miss.
Location
Province AB
County 0046
Area Cal Zone Nw
Zoning M-C1
Direction NW
Interior
Heating Forced Air, Natural Gas
Inclusions 8 x Fridge, 8 x Stove, 6 x Washer, 6 x Dryers
Fireplace No
Exterior
Total Parking Spaces 8
Garage No
Building
Dwelling Type Low Rise (2-4 stories)
Others
Restrictions None Known
Virtual Tour https://www.youtube.com/watch?v=sU6593esuMc
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Listed by Homecare Realty Ltd.
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