pillar/IMG-A2277178_1.jpg
9 days on Market

3915 73 St, Calgary, Alberta T3B 2L8

Detached
2 + 1
2 + 1
~866.28 sqft
$775,000
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Detached
2 + 1
2 + 1
~866.28 sqft

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Highlights

Property Estimate

Days on market9 days

Estimated valueNot available

Price/Sqft$894/sqft

Monthly cost

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Description

Seize a rare opportunity to invest in a lot with designs for a purpose-built multi-residential development in the dynamic and growing community of Bowness, Calgary. This project has been brought together by MCA Construction Group and comes with a fully approved and released Development Permit putting you on the fast track to construction and returns. These critical milestones significantly reduce development risk timelines. Additionally the DSSP and DP levies have been fully paid and the Building Permit drawings are complete and ready for submission. Strategically located, this investment property is positioned to attract strong tenant demand. It’s just 6 minutes from the tranquil Bowness Park, 8 minutes from Market Mall, and within a 10–14 minute commute to the University of Calgary, SAIT, Ambrose University, Alberta Children’s Hospital, and Foothills Medical Centre. This prime location ensures long-term rental stability and appeal. Spanning over 7,000 sq ft of total livable space, the project features eight thoughtfully designed units: four spacious 3-bedroom, 2.5-bathroom upper units and four 1-bedroom, 1-bath lower units. All units include in-suite laundry, with lower units also offering in-suite bike parking. These homes are tailored for the high-end rental market, combining modern design, functionality, and comfort to maximize tenant satisfaction and rental yield. Purchase the lot or purchase as a turnkey development with the potential to leverage CMHC Select Financing. All major approvals are in place and construction services are available through MCA Construction Group or opt to bring your own builder. This is a rare opportunity to invest in a brand-new, purpose-built multifamily project with minimal friction. Whether you're a seasoned investor or looking to expand your portfolio with a high-quality asset, this property represents a unique chance to capitalize on Calgary’s rental market with confidence. This is your opportunity to build in one of Calgary’s most promising up and coming neighborhoods.


Property Details

StyleBungalow
View-
Age of property1956
SqFt~866.28 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2277178
Community NameBowness
Data SourcePILLAR 9
Listing byTREC The Real Estate Company

Features

Heating: High Efficiency
Basement: Full,Finished,None

Main Floor

Kitchen

11`6" x 5`6"

Living Room

18`10" x 12`10"

Entrance

3`5" x 2`10"

Bedroom - Primary

11`8" x 10`10"


Features

Patio: Deck

Parking

Garage spaces 1

Garage type -

Other parking spaces 0

Total parking spaces 1


Property listed by TREC The Real Estate Company, Brokerage
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Market Data - Bowness

Geo Zone Map ThumbnailBowness

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

55 days

Compared to

2025

46 days

2024

18 days

2023

52 days

New Listings

Past 30 days

6 listings

Compared to

2025

5 listings

2024

6 listings

2023

4 listings

Units sold

Past 30 days

7 units

Compared to

2025

3 units

2024

6 units

2023

7 units

Median Sold Price

Past 30 days

$565,000

Compared to

2025

$815,000

2024

$508,750

2023

$525,000


Population and Demographics

Overview

Total population 9996
Average household income $112,757

Age (%)

0 to 19
19%
20 to 34
22%
35 to 49
21%
50 to 64
21%
65 and plus
17%

Household composition (%)

Single family
53%
Single person
38%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
89%
Others
3%
Tagalog (Pilipino, Filipino)
2%
French
2%
Spanish
1%
German
1%

House tenancy (%)

Owners
54%
Renters
46%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget