Shovel-Ready Multi-Family Development Opportunity in Bowness!
A rare and exceptional opportunity to acquire a full-sized 50' x 120' R-CG zoned lot in the highly sought-after community of Bowness.
This prime inner-city development site comes complete with a fully approved Development Permit for a thoughtfully designed 4-plex, each unit featuring a legal basement suite — totaling 8 income-generating units.
This project is ideal for a CMHC - backed rental investment or a stratified build, offering the potential to sell individual units, each with its own secondary suite.
With the development permit in hand, you can bypass lengthy approval timelines — just pull the building permit and start construction right away. SELLER CAN BUILT THE PROJECT AND OFFER IT AS A TURNKEY SOLUTION FOR INVESTORS.
Opportunities like this don’t come often. Don’t miss your chance to capitalize on this multi-family project in one of Calgary’s most desirable redevelopment areas perfect for Developers, Builders, or long - term investors.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bungalow
Total Living Area:
867.14 sq. ft.80.6 m2
Acreage:
No
Lot Area:
6,006 sq. ft.558 m2
Lot Frontage:
50'15.2 m
Front Exposure:
South
Levels:
One
Total Rooms Above Grade:
3
Year built:
1952
(Age: 73)
Bedrooms:
3
(Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
1.0
(Full:1, Half:0)
Plan:
5960AM
Heating:
Forced Air, Natural Gas
Basement:
Full, Unfinished
Foundation:
Poured Concrete, See Remarks
New Constr.:
No
Construction Material:
Concrete, Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Linoleum, Wood
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Off Street
Parking Places:
2
Parking Total/Covered:
2 /
-
Laundry Features:
In Basement
Bowness
None
N/A
None Known
Floor
Type
Dimensions
Other
Main Floor
Bedroom - Primary
12'9"3.89 m
x
8'10"2.69 m
Main Floor
Bedroom
12'9"3.89 m
x
8'2"2.49 m
Main Floor
Bedroom
12'9"3.89 m
x
8'2.44 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5'1" x 7'5"
Title to Land:
Fee Simple
Community Features:
Fishing, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
See Remarks
Exterior Features:
Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Back Yard, Front Yard, No Neighbours Behind
Num. of Parcels:
0
Fencing:
None
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
R-CG
Listed Date:
Aug 15, 2025
Listed by CIR Realty
Data was last updated August 24, 2025 at 12:05 PM (UTC)