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Seize a rare opportunity to invest in a lot with designs for a purpose-built multi-residential development in the dynamic and growing community of Bowness, Calgary. This project has been brought together by MCA Construction Group and comes with a fully approved and released Development Permit putting you on the fast track to construction and returns. These critical milestones significantly reduce development risk timelines. Additionally the DSSP and DP levies have been fully paid and the Building Permit drawings are complete and ready for submission. Strategically located, this investment property is positioned to attract strong tenant demand. It’s just 6 minutes from the tranquil Bowness Park, 8 minutes from Market Mall, and within a 10–14 minute commute to the University of Calgary, SAIT, Ambrose University, Alberta Children’s Hospital, and Foothills Medical Centre. This prime location ensures long-term rental stability and appeal. Spanning over 7,000 sq ft of total livable space, the project features eight thoughtfully designed units: four spacious 3-bedroom, 2.5-bathroom upper units and four 1-bedroom, 1-bath lower units. All units include in-suite laundry, with lower units also offering in-suite bike parking. These homes are tailored for the high-end rental market, combining modern design, functionality, and comfort to maximize tenant satisfaction and rental yield. Purchase the lot or purchase as a turnkey development with the potential to leverage CMHC Select Financing. All major approvals are in place and construction services are available through MCA Construction Group or opt to bring your own builder. This is a rare opportunity to invest in a brand-new, purpose-built multifamily project with minimal friction. Whether you're a seasoned investor or looking to expand your portfolio with a high-quality asset, this property represents a unique chance to capitalize on Calgary’s rental market with confidence. This is your opportunity to build in one of Calgary’s most promising up and coming neighborhoods. (id:37074)
| MLS® Number | A2263661 |
| Property Type | Single Family |
| Neigbourhood | Bowness |
| Community Name | Bowness |
| Amenities Near By | Park, Playground, Schools, Shopping |
| Features | Cul-de-sac, See Remarks, Back Lane |
| Parking Space Total | 1 |
| Plan | 6962hb |
| Structure | Deck |
| Detached Garage | 1 |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 2 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 3 |
| Appliances | None |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1956 |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Flooring Type | Carpeted |
| Foundation Type | Poured Concrete |
| Half Bath Total | 1 |
| Stories Total | 1 |
| Size Interior | 866 Ft2 |
| Total Finished Area | 866.28 Sqft |
| Type | House |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | 2pc Bathroom | 4.00 Ft x 3.00 Ft | ||
| Basement | Family Room | 17.67 Ft x 10.00 Ft | ||
| Basement | Bedroom | 9.17 Ft x 8.00 Ft | ||
| Main Level | Kitchen | 11.50 Ft x 5.50 Ft | ||
| Main Level | Living Room | 18.83 Ft x 12.83 Ft | ||
| Main Level | Other | 3.42 Ft x 2.83 Ft | ||
| Main Level | Primary Bedroom | 11.67 Ft x 10.83 Ft | ||
| Main Level | Living Room | 13.17 Ft x 10.83 Ft | ||
| Main Level | Dining Room | 11.50 Ft x 6.67 Ft | ||
| Main Level | Bedroom | 9.58 Ft x 8.33 Ft | ||
| Main Level | 4pc Bathroom | 13.33 Ft x 11.00 Ft |
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Park, Playground, Schools, Shopping |
| Size Depth | 36.57 M |
| Size Frontage | 15.24 M |
| Size Irregular | 51.75 |
| Size Total | 51.75 M2|0-4,050 Sqft |
| Size Total Text | 51.75 M2|0-4,050 Sqft |
| Zoning Description | R-cg |
When you contact Maverick Group, the best realtors in Airdrie, you will know that you are working with an agent and team who focuses on you and your needs. We will be with you every step of the way. From buying and selling to rental properties and relocation, we deliver results in the Airdrie real estate market and are ready to assist you with all of your real estate needs.
Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. 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. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
