Prime Development Opportunity in Bowness!
Attention all builders and savvy investors — this is your chance to secure a premium R-CG zoned lot in the heart of Bowness, one of Calgary’s most dynamic and growing communities. This level lot is ideal for development and already has drawings submitted to the City for a 4-unit (4x4) development — two duplexes with the potential for 4 separate titles including legal basement suites. The current home could easily be lived in or rented, and has 4 bedrooms and 2.5 baths. Open layout, beamed ceilings, quartz counters in the kitchen. The potential here is truly endless! Oversized, double detached garage too! Walk to schools, the river and minutes to Bowness Park!
With no power poles on the property, site prep is clean and straightforward. The lot offers incredible value, whether you’re planning to build immediately or hold for future growth. It's also an excellent holding property with great potential for rental revenue and appreciation, and you can take advantage of CMHC-insured financing options to support your investment.
Development permit approval could be ready in as little as 45–60 days, helping you get to work quickly.
Property is being sold as-is, where-is. Don’t miss this exceptional opportunity in a thriving inner-city neighborhood. Reach out today for more information!
Data was last updated June 15, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
52
Avg list price:
$709,950
Min list price:
$159,900
Max list price:
$1,650,000
Avg days on market:
30
Min days on market:
1
Max days on market:
226
Avg price per sq.ft.:
$507.98
These statistics are generated based on the current listing's property type
and located in
Bowness. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.