JN REAL ESTATE GROUP

Bowness

FOR SALE

$3,395,000

PURCHASE PRICE

6110 Bowwood Drive NW, Calgary · T3B2E8

ROW/TOWNHOUSE · 1,322 SQFT · BUILT 2024

MLS A2334679 · 33 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 ONE OF CALGARY'S MOST EXCITING MULTI-FAMILY INVESTMENT OPPORTUNITIES! This exceptional 2024-built 6 plex townhome development offers the rare combination of strong cash flow with a 5.61% CAP RATE, premium construction, assumable CMHC financing & outstanding long-term appreciation potential in the rapidly growing community of Bowness. Situated on a large 181' x 88' lot, this TURNKEY investment is FULLY LEASED & available for immediate possession, generating an impressive $218,388 in annual rental income. Even better, tenants pay their own utilities, helping keep operating costs low while maximizing returns. Unlike traditional apartment-style buildings, this development consists of 6 INDIVIDUAL TOWNHOMES with no basement suites and no units stacked above or below, providing tenants with greater privacy, quieter living & a true residential feel. This unique design has resulted in consistently strong demand and full occupancy since completion. The property includes 5 two-bedroom townhomes, each offering approximately 1,322 sq.ft., plus 1 spacious three-bedroom townhome with approximately 2,046 sq.ft. + ALL UNITS have AC! Every home features 2.5 bathrooms. The 2 bedroom units include a main-floor office/den, while the larger unit offers premium appliances, upgraded QUARTZ & a main-floor bedroom, creating flexible layouts that appeal to a wide range of tenants. Every townhome showcases modern finishes QUARTZ counters and bright open-concept living spaces. Beautiful kitchens seamlessly connect to the dining and living areas, creating the perfect setting for everyday living and entertaining. Features include durable luxury vinyl plank flooring, granite countertops, stainless steel appliances, full-height cabinetry, stylish tile backsplashes and spacious dining nooks. Each home also offers private decks off both the second and third floors, extending the living space outdoors. Every unit includes its own ATTACHED GARAGE plus an additional driveway space, another feature that continues to attract quality long-term tenants. As an added bonus electrical services have been upgraded and all units can accomodate EV chargers! This project was approved through the CMHC MLI Select Program, and a qualified purchaser has the opportunity to assume the existing mortgage at an attractive 4.9% interest rate (subject to lender approval), providing a significant financing advantage. Located just minutes from downtown, the Bow River pathway system, parks, shopping, restaurants, Canada Olympic Park, the University of Calgary and Foothills Hospital, Bowness continues to be one of Calgary's most desirable and rapidly evolving communities. A fully occupied, purpose-built 6 -plex of this quality is an exceptionally rare offering. Whether you're expanding an investment portfolio or acquiring a premium income-producing asset, this outstanding property delivers immediate cash flow, exceptional tenant appeal and outstanding long-term value. RMS measurements taken from builder plans.

DETAILS

TRANSACTION

TRANSACTION
For Sale

INTERIOR

LIVING AREA (SQFT)
1,322
FEATURES
Built-in Features · Closet Organizers · Granite Counters · Kitchen Island · Low Flow Plumbing Fixtures · No Smoking Home · Open Floorplan
APPLIANCES
Dishwasher · Electric Stove · Microwave Hood Fan · Refrigerator · Washer/Dryer
BASEMENT
Full
BASEMENT DEVELOPMENT
Finished

BUILDING

TYPE
Row/Townhouse
STYLE
3 (or more) Storey
YEAR BUILT
2024
CONSTRUCTION
Wood Frame
ROOF
Asphalt Shingle
FOUNDATION
Poured Concrete

PARKING

GARAGE SPACES
6
TOTAL PARKING
11
PARKING
Garage Faces Rear · Quad or More Attached · Single Garage Attached · Stall

LOT & EXTERIOR

LOT SIZE (SQFT)
8,955
LOT SIZE (ACRES)
0.21
EXTERIOR
Private Entrance · Storage
PATIO & PORCH
Balcony(s) · Deck · Patio

COMMUNITY

COMMUNITY
Bowness
ZONING
M-C1
POSTAL CODE
T3B2E8

UTILITIES & COSTS

HEATING
Forced Air · Natural Gas
ANNUAL TAXES
$18,486

LISTING COURTESY OF BRYAN HERMAN · REAL BROKER

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