Bowness
FOR SALE
$2,450,000
PURCHASE PRICE
1-8, 4523 73 Street NW, Calgary · T3B2M3
MULTI FAMILY · BUILT 1974
MLS A2328567 · 31 DAYS ON MARKET
Interested in this commercial property?
JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.
RE/MAX Complete Realty · Calgary
ABOUT THIS PROPERTY
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.
DETAILS
TRANSACTION
- TRANSACTION
- For Sale
BUILDING
- TYPE
- Multi Family
- YEAR BUILT
- 1974
- CONSTRUCTION
- Brick · Stucco · Wood Frame
PARKING
- TOTAL PARKING
- 8
LOT & EXTERIOR
- LOT SIZE (SQFT)
- 11,248
- LOT SIZE (ACRES)
- 0.26
COMMUNITY
- COMMUNITY
- Bowness
- ZONING
- M-C1
- POSTAL CODE
- T3B2M3
UTILITIES & COSTS
- HEATING
- Forced Air · Natural Gas
- ANNUAL TAXES
- $11,969