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Seize a rare opportunity to invest in a purpose-built multi-residential development in the dynamic and growing community of Bowness, Calgary. This project—meticulously designed by MCA Construction Group—comes with a fully approved Development Permit with the Building Permit underway, putting you on the fast track to construction and returns. This critical milestone significantly reduces development risk and accelerates your timeline to completion. Additionally the DP levy has been fully paid.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 nearly 9,000 sq ft of livable space, the project features eight thoughtfully designed units: Four spacious 3-bedroom, 2.5-bathroom upper units (1,533 sq ft each) and Four well-appointed 1-bedroom, 1-bath lower units (680 sq ft each)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.This is a turnkey development opportunity with the potential to leverage CMHC Select Financing. With all major approvals in place and construction services available through MCA Construction Group, 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. With key approvals already in place, the path to construction and income is clear—this is your opportunity to buil d in one of Calgary’s most promising 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.
