pillar/IMG-A2214537_1.jpg
3 days on Market

8531 47 Ave, Calgary, Alberta T3B 1Z8

Detached
2
2
~1086.00 sqft
$699,900
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Detached
2
2
~1086.00 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$644/sqft

Est. Mortgage$3,006/mo

Tax Amount (2024)$3,155/yr

Days On Market3 days


Description

If you’re looking to grow your portfolio in one of Calgary’s most promising inner-city communities, this is your chance. Just a block from Bowness Park and the Bow River, this 50x120 RCG lot is full of potential. The existing 3-bedroom bungalow with a garage sits on a quiet street surrounded by mature trees and a thriving neighborhood that continues to see strong redevelopment activity. With RCG zoning, this property is ideal for a future duplex or custom infill, and its location near the University of Calgary, Foothills and Children’s Hospitals, and major transit routes makes it especially attractive to investors and builders. Whether you're planning a new build or looking to renovate and hold, this is a solid opportunity in a highly desirable location.


Property Details

StyleBungalow
View-
Age of property1954
SqFt~1086.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2214537
Community NameBowness
Data SourcePILLAR 9
Listing byeXp Realty

Features

Heating: Forced Air
Basement: Finished,Full

Main Floor

4pc Bathroom

5`11" x 7`6"

Bedroom

7`10" x 11`6"

Bedroom

13`3" x 11`6"

Dining Room

7`5" x 9`8"


Features

Patio: Deck

Parking

Garage spaces 1

Garage type -

Other parking spaces 1

Total parking spaces 2


Property History

Apr 25, 2025
ListedActive
$699,900
3 days on market
history photo preview44
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

15 days

Compared to

2024

7 days

2023

14 days

New Listings

Past 30 days

19 listings

Compared to

2024

13 listings

2023

14 listings

Units sold

Past 30 days

8 units

Compared to

2024

11 units

2023

12 units

Median Sold Price

Past 30 days

$737,500

Compared to

2024

$651,000

2023

$527,500


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