pillar/IMG-A2244380_1.jpg
8 hours on Market

8320 34 Ave, Calgary, Alberta T3B1R2

Detached
3
1
~867.14 sqft
$765,000
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Detached
3
1
~867.14 sqft

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Highlights

Property Estimate

Days on market8 hours

Estimated valueNot available

Price/Sqft$882/sqft

Monthly cost

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Description

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.


Property Details

StyleBungalow
View-
Age of property1952
SqFt~867.14 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2244380
Community NameBowness
Data SourcePILLAR 9
Listing byCIR Realty

Features

Heating: Forced Air,Natural Gas
Basement: Full,Unfinished

Main Floor

Bedroom - Primary

8`10" x 12`9"

4pc Bathroom

7`5" x 5`1"

Bedroom

8`2" x 12`9"

Bedroom

8`0" x 12`9"


Features

Patio: Deck

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Aug 15, 2025
ListedActive
$765,000
8 hours on market
history photo preview3
Listing by pillar 9®
Property listed by CIR Realty, Brokerage
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Market Data - Bowness

Geo Zone Map ThumbnailBowness

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

52 days

Compared to

2024

22 days

2023

15 days

2022

19 days

New Listings

Past 30 days

17 listings

Compared to

2024

15 listings

2023

16 listings

2022

15 listings

Units sold

Past 30 days

9 units

Compared to

2024

16 units

2023

10 units

2022

6 units

Median Sold Price

Past 30 days

$687,000

Compared to

2024

$793,200

2023

$611,000

2022

$501,500


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