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. (id:51913)
House
3 Bedrooms
1 Bathrooms
867 sqft| BathroomTotal | 1 | BedroomsAboveGround | 3 |
| BedroomsTotal | 3 | Appliances | None |
| ArchitecturalStyle | Bungalow | BasementDevelopment | Unfinished |
| BasementType | Full (unfinished) | ConstructedDate | 1952 |
| ConstructionMaterial | Poured Concrete, Wood Frame | ConstructionStyleAttachment | Detached |
| CoolingType | None | ExteriorFinish | Concrete, Stucco |
| FlooringType | Linoleum, Wood | FoundationType | Poured Concrete, See Remarks |
| HeatingFuel | Natural Gas | HeatingType | Forced Air |
| StoriesTotal | 1 | SizeInterior | 867 Sqft |
| TotalFinishedArea | 867.14 Sqft | Type | House |
| Other |
| Acreage | No | FenceType | Not Fenced |
| LandAmenities | Park, Playground, Schools, Shopping | SizeDepth | 36.57 M |
| SizeFrontage | 15.24 M | SizeIrregular | 558.00 |
| SizeTotal | 558 M2|4,051 - 7,250 Sqft | SizeTotalText | 558 M2|4,051 - 7,250 Sqft |
| ZoningDescription | R-cg |
| Level | Type | Dimensions |
|---|---|---|
| Main Level | Primary Bedroom | 8.83 Ft x 12.75 Ft |
| Main Level | 4pc Bathroom | 7.42 Ft x 5.08 Ft |
| Main Level | Bedroom | 8.17 Ft x 12.75 Ft |
| Main Level | Bedroom | 8.00 Ft x 12.75 Ft |
