pillar/IMG-A2327565_1.jpg
6 days on Market

8539 48 Ave, Calgary, Alberta T3B 2B1

Detached
2
2 + 1
~1500.00 sqft
$2,999,000
Get pre-qualifiedPowered by nesto
Detached
2
2 + 1
~1500.00 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market6 days

Estimated valueNot available

Price/Sqft$1,999/sqft

Monthly cost

Open Calculator

Description

Exceptional redevelopment opportunity in the heart of Bowness. Prime multi-family development site. Large corner parcel with strong redevelopment potential for a 5-storey apartment building. Located steps from Bowness Park, the Bow River pathway system, transit, shopping, and major commuter routes. A rare opportunity in a high-demand infill location.


Property Details

Style2 Storey
View-
Age of property1929
SqFt~1500.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2327565
Community NameBowness
Data SourcePILLAR 9
Listing byeXp Realty

Features

Heating: Forced Air
Basement: Partial,Partially Finished,None

Main Floor

Kitchen

11`7" x 10`8"

Living Room

17`0" x 13`0"

Bedroom

7`3" x 3`11"

3pc Bathroom

7`0" x 5`5"


Features

Patio: See Remarks

Parking

Garage spaces 2

Garage type -

Other parking spaces 0

Total parking spaces 2


Property History

Jul 8, 2026
ListedActive
$2,999,000
6 days on market
history photo preview5
Listing by pillar 9®
Property listed by eXp Realty, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

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

31 days

Compared to

2025

26 days

2024

22 days

2023

24 days

New Listings

Past 30 days

17 listings

Compared to

2025

21 listings

2024

14 listings

2023

13 listings

Units sold

Past 30 days

11 units

Compared to

2025

6 units

2024

13 units

2023

16 units

Median Sold Price

Past 30 days

$707,000

Compared to

2025

$637,500

2024

$725,000

2023

$526,000


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