JN REAL ESTATE GROUP

Bowness

LIST PRICE

$740,000

4608 70 Street NW, Calgary · T3B 2K6

4 BEDROOMS · 3 BATHROOMS · 920 SQFT · BUILT 1951

MLS A2329505 · 4 DAYS ON MARKET

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RE/MAX Complete Realty · Calgary

What this home — and yours — is really worth right now.

ABOUT THIS HOME

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.

DETAILS

INTERIOR

BEDROOMS
4
FULL BATHS
2
HALF BATHS
1
LIVING AREA (SQFT)
920
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
FLOORING
Vinyl Plank
BASEMENT
Full
BASEMENT DEVELOPMENT
Finished

BUILDING

TYPE
Detached
STYLE
Bungalow
YEAR BUILT
1951
NEW CONSTRUCTION
No
CONSTRUCTION
Wood Frame
ROOF
Asphalt Shingle
FOUNDATION
Block · Poured Concrete

PARKING

GARAGE SPACES
2
TOTAL PARKING
3
PARKING
Double Garage Detached

LOT & EXTERIOR

LOT SIZE (SQFT)
5,694
LOT SIZE (ACRES)
0.13
LOT
Back Lane · Back Yard · Low Maintenance Landscape · Rectangular Lot · See Remarks
EXTERIOR
Other
PATIO & PORCH
Deck · Patio
FENCING
Fenced

COMMUNITY

COMMUNITY
Bowness
COMMUNITY FEATURES
Park · Playground · Schools Nearby · Shopping Nearby · Sidewalks · Street Lights · Walking/Bike Paths
ZONING
R-CG
POSTAL CODE
T3B 2K6

UTILITIES & COSTS

HEATING
Forced Air · Natural Gas
COOLING
None
ANNUAL TAXES
$5,336

LISTING COURTESY OF TAMARA STEARNS · REAL BROKER

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.