pillar/IMG-A2221629_1.jpg
Re-listed 22 days ago

8308 Bowness Rd, Calgary, Alberta T3B 0H6

Detached
1 + 1
2
~967.89 sqft
$•••,•••
$875,000
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Detached
1 + 1
2
~967.89 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$904/sqft

Est. Mortgage$3,758/mo

Tax Amount (2024)$2,500/yr

Days On Market22 days

Total Days On Market123 days


Description

ATTENTION BUILDERS & INVESTORS!! PRIME 10 UNIT DP APPROVED MULTI-FAMILY DEVELOPMENT OPPORTUNITY | This development qualifies for CMHC’s MLI Select program, making it eligible for up to 50-year amortization and as little as 5% down—an attractive financing option for maximizing ROI. Exceptional opportunity for investors and developers—this DP-approved multi-family site in the heart of Bowness is ready to build and primed for success. The project features five thoughtfully designed townhomes, each with a legal basement suite, offering a total of 10 income-generating units. Located on a rare 8,300+ square foot M-C1 reverse pie lot with 90 feet of frontage, this property combines size, zoning, and location to deliver outstanding potential. Unit sizes range from approximately 1,500 to 1,650 square feet spread over three storeys, each offering rooftop patios and unobstructed south-facing views of Canada Olympic Park. The inclusion of basement suites adds rental flexibility and significantly boosts revenue potential. Located close to public transit, shopping, Bowness Park, the River Pathway system, and the new Farmers Market West, this site offers not only convenience but a vibrant community lifestyle. Site plan and DP drawings are available upon request. An ideal opportunity to break ground this spring and capitalize on Calgary’s growing multi-family market.


Property Details

StyleBungalow
View-
Age of property1957
SqFt~967.89 SqFt
Lot Size-
Parking Spaces3
MLS ®NumberA2221629
Community NameBowness
Data SourcePILLAR 9
Listing byReal Broker

Features

Heating: Forced Air
Basement: Full,Partially Finished

Main Floor

Bedroom - Primary

10`8" x 11`5"

3pc Bathroom

5`5" x 7`10"

Kitchen

16`10" x 11`5"

Dining Room

10`10" x 11`5"


Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
22 days on market
history photo preview15
Listing by pillar 9®
Property listed by Real Broker, 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

38 days

Compared to

2024

28 days

2023

35 days

New Listings

Past 30 days

16 listings

Compared to

2024

27 listings

2023

12 listings

Units sold

Past 30 days

9 units

Compared to

2024

19 units

2023

11 units

Median Sold Price

Past 30 days

$685,000

Compared to

2024

$675,000

2023

$519,000


Population and Demographics

Overview

Total population 9996
Average household income $112,757

Age (%)

20 to 34
22%
35 to 49
21%
50 to 64
21%
0 to 19
19%
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