pillar/IMG-A2245969_1.jpg
43 days on Market

7511 41 Ave, Calgary, Alberta T3B 1X5

Townhouse
-
-
~4451.00 sqft
$1,400,000
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Townhouse
-
-
~4451.00 sqft

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Highlights

Property Estimate

Days on market43 days

Estimated valueNot available

Price/Sqft$314/sqft

Monthly cost

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Description

5 Unit Multi Family Townhome Building for Sale in Prime Bowness Location A rare opportunity to own a well maintained 5 unit townhome building in the heart of Bowness, one of Calgary’s most desirable and vibrant communities. Location is everything when it comes to a rental property, and this one delivers. Situated within walking distance to transit, shopping, daycare, all levels of public schools, local pubs and parks, including the much loved Bowness Park. It is just a short drive to major shopping centre's of Market Mall and Crowfoot Centre, 6 minutes to WinSport/C.O.P., 18 minutes to Downtown Calgary, and just over an hour to Banff. All tenants are currently on month-to-month leases and have been long term occupants, providing stability with the flexibility to adjust rents. There’s strong potential to increase the cap rate through rental rate adjustments. This is an ideal property for both a first time or seasoned investors looking for a solid income generating asset in a sought after area with excellent growth potential.


Property Details

StyleOther
View-
Age of property1978
SqFt~4451.00 SqFt
Lot Size-
Parking Spaces5
MLS ®NumberA2245969
Community NameBowness
Data SourcePILLAR 9
Listing byCIR Realty

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property listed by CIR Realty, Brokerage
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Market Data - Bowness

Geo Zone Map ThumbnailBowness

Strong Seller's Market

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Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

6 days

2023

14 days

2022

32 days

New Listings

Past 30 days

3 listings

Compared to

2024

5 listings

2023

3 listings

2022

2 listings

Units sold

Past 30 days

0 unit

Compared to

2024

1 unit

2023

4 units

2022

4 units

Median Sold Price

Past 30 days

$0

Compared to

2024

$360,000

2023

$324,950

2022

$217,500


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