* Amounts are estimates only. Final payment amounts may vary.
Description
Land Assembly Opportunity in Bowness! This exceptional investment package includes 8508 & 8512 Bowness Road NW, offering a prime MC-1 zoned redevelopment opportunity with 13,024 sq. ft. of total land and an expansive 110 ft. frontage along the highly sought-after Bowness Road. Both properties generate immediate rental income while holding immense future potential. 8512 Bowness Rd NW: 3-bed, 2-bath main level + 2-bed, 1-bath illegal suite (1,012 sq. ft. RMS). Generates $3,000/month in rental income. Includes parking pad, RV access, and ample space, Includes parking pad, RV access, and ample space. 8508 Bowness Rd NW: 2-bed, 1.5-bath home (895 sq. ft. RMS) with a single-car garage. Generates $1,900/month in rental income. Perfect for developers and investors, these side-by-side lots offer the flexibility to build townhouses, a fourplex, or a small multi-residential project. The high-exposure location ensures excellent accessibility and future value appreciation. Prime Location Near Major Destinations: Bowness Park, Winsport (Canada Olympic Park), Market Mall, Bow River Pathway, Shouldice Athletic Park, University of Calgary & Foothills Medical Centre, Easy Access to Downtown – Quick connectivity via 16th Ave & Stoney Trail. With a combined rental income of $4,900/month, this property offers strong cash flow while you plan your redevelopment vision. A rare opportunity in one of Calgary’s most promising communities! Contact us today for more details.
Property details
Basic Info
MLS® #
A2203309
Property Type:
Residential
Subtype:
Detached
Subdivision:
Bowness
Price
$1,650,000
Sale/Lease:
For Sale
Size:
1,012 sq.ft.
Bedrooms:
6
Bathrooms:
3
Year Built:
1956 (69 years old)
Building Info
Structure Type:
House
Building Style:
Bungalow
Garage:
No
Parking:
Alley Access, On Street, Parking Pad, Rear Drive, RV Access/Parking
Fence:
Fenced
Basement:
Finished, Full, Unfinished
Features:
Laminate Counters, No Animal Home, No Smoking Home, Open Floorplan, Storage
Inclusions:
N/A
Appliances:
Dishwasher, Dryer, Electric Oven, Gas Stove, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
Laundry:
Laundry Room, Lower Level, Sink
Exterior Features:
Garden
Patio/Porch Features:
None
Neighborhood Info
Nearby Amenities:
Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks