3 days on Market

8816 48 Ave, Calgary, Alberta T3B 2B2

Detached
1 + 3
3 + 1
~1641.90 sqft
$1,550,000
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Detached
1 + 3
3 + 1
~1641.90 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$944/sqft

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Description

Welcome to your own private waterfront retreat in the heart of Bowness. Homes with this kind of setting, and this level of potential, simply don't come up often. Nestled right on the lagoon and surrounded by mature trees, this exceptional property offers a rare opportunity to enjoy true waterfront living in one of Calgary’s most desirable locations. Plus, you have the rare opportunity to also purchase the lot directly next door. Step out onto your dock and embrace every season, whether you're canoeing and paddle-boarding across the lagoon in the summer, or lacing up your skates to glide onto the ice in the winter. Inside, the home features a smart, functional layout that maximizes its incredible surroundings. Large windows throughout flood the space with natural light and showcase beautiful views of the water and surrounding greenery, creating a peaceful escape that feels miles away from the city. The open-concept main floor balances warmth and charm, making it perfect for both quiet nights in and effortless entertaining. The spacious kitchen is a central hub, featuring a large island and ample workspace that flows seamlessly into the dining and living areas. The main floor is dedicated to comfortable daily living, featuring a generously sized primary bedroom and updated bathrooms. Downstairs, the fully developed basement adds even more versatility to the home, with three additional bedrooms, generous living space, and in-floor heating throughout. Whether used for family, guests, a home office, or additional recreation space, this level offers plenty of room to spread out and make the home your own. The attached garage is another standout feature, complete with heated floors and a mezzanine providing additional storage. And then there’s the lifestyle. Bowness has its own distinct, small-town feel right in the city. Running, walking, and biking trails are just steps away from your door, and you can cross-country ski throughout the winter. Here, you have abundant local wildlife right outside, you can walk to Bowness Park and the river pathways, and you’re just a short drive from the Calgary Farmers’ Market West, excellent local shops, and restaurants. If you’re seeking an active outdoor lifestyle, a tranquil waterfront escape, and a property with unmatched future potential, this one is absolutely worth a look. For more information, photos, and a 360 tour, click the links below!


Property Details

StyleBungalow
View-
Age of property1999
SqFt~1641.90 SqFt
Lot Size-
Parking Spaces5
MLS ®NumberA2347918
Community NameBowness
Data SourcePILLAR 9
Listing byeXp Realty

Features

Heating: In Floor,Forced Air,Natural Gas
Basement: Full,Finished,None

Main Floor

2pc Bathroom

7`4" x 3`2"

4pc Ensuite bath

17`11" x 8`1"

Breakfast Nook

14`4" x 7`11"

Dining Room

18`10" x 20`11"


Features

Patio: Deck

Parking

Garage spaces 2

Garage type -

Other parking spaces 3

Total parking spaces 5


Property History

Sep 24, 2026
ListedActive
$1,550,000
3 days on market
history photo preview48
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

20 days

Compared to

2025

37 days

2024

48 days

2023

12 days

New Listings

Past 30 days

9 listings

Compared to

2025

16 listings

2024

12 listings

2023

17 listings

Units sold

Past 30 days

6 units

Compared to

2025

9 units

2024

5 units

2023

11 units

Median Sold Price

Past 30 days

$588,500

Compared to

2025

$619,500

2024

$635,000

2023

$570,000


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