51 days on Market

8508, 8512 Bowness Rd, Calgary, Alberta T3B 0H7

Detached
4 + 2
3
~1012.00 sqft
$1,900,000
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Detached
4 + 2
3
~1012.00 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,877/sqft

Est. Mortgage$8,160/mo

Tax Amount (2024)$5,560/yr

Days On Market51 days


Description

Land Assembly Opportunity in Bowness! This exceptional investment package includes 8508 & 8512 Bowness Road NW, offering a prime MC-1 zoned redevelopment opportunity with 13,024 sq. ft. of total land and an expansive 110 ft. frontage along the highly sought-after Bowness Road. Both properties generate immediate rental income while holding immense future potential. 8512 Bowness Rd NW: 3-bed, 2-bath main level + 2-bed, 1-bath illegal suite (1,012 sq. ft. RMS). Generates $3,000/month in rental income. Includes parking pad, RV access, and ample space, Includes parking pad, RV access, and ample space. 8508 Bowness Rd NW: 2-bed, 1.5-bath home (895 sq. ft. RMS) with a single-car garage. Generates $1,900/month in rental income. Perfect for developers and investors, these side-by-side lots offer the flexibility to build townhouses, a fourplex, or a small multi-residential project. The high-exposure location ensures excellent accessibility and future value appreciation. Prime Location Near Major Destinations: Bowness Park, Winsport (Canada Olympic Park), Market Mall, Bow River Pathway, Shouldice Athletic Park, University of Calgary & Foothills Medical Centre, Easy Access to Downtown – Quick connectivity via 16th Ave & Stoney Trail. With a combined rental income of $4,900/month, this property offers strong cash flow while you plan your redevelopment vision. A rare opportunity in one of Calgary’s most promising communities! Contact us today for more details.


Property Details

StyleBungalow
View-
Age of property1956
SqFt~1012.00 SqFt
Lot Size-
Parking Spaces6
MLS ®NumberA2203309
Community NameBowness
Data SourcePILLAR 9
Listing byeXp Realty

Features

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

Main Floor

Bedroom

11`6" x 11`7"

Den

11`5" x 15`9"

Living Room

11`6" x 18`0"

Kitchen

11`5" x 13`2"


Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

Mar 17, 2025
ListedActive
$1,900,000
51 days on market
history photo preview19
Listing by pillar 9®
Property listed by eXp 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

23 days

Compared to

2024

22 days

2023

13 days

New Listings

Past 30 days

11 listings

Compared to

2024

19 listings

2023

15 listings

Units sold

Past 30 days

8 units

Compared to

2024

19 units

2023

11 units

Median Sold Price

Past 30 days

$656,250

Compared to

2024

$670,000

2023

$525,000


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%

Schools and amenities

Estimated Budget