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Calgary, Canada T3B1R2

Shovel-Ready Multi-Family Development Opportunity in Bowness! A rare and exceptional opportunity to acquire a full-sized 50' x 120' R-CG zoned lot in the highly sought-after community of Bowness. This prime inner-city development site comes complete with a fully approved Development Permit for a thoughtfully designed 4-plex, each unit featuring a legal basement suite — totaling 8 income-generating units. This project is ideal for a CMHC - backed rental investment or a stratified build, offering the potential to sell individual units, each with its own secondary suite. With the development permit in hand, you can bypass lengthy approval timelines — just pull the building permit and start construction right away. SELLER CAN BUILT THE PROJECT AND OFFER IT AS A TURNKEY SOLUTION FOR INVESTORS. Opportunities like this don’t come often. Don’t miss your chance to capitalize on this multi-family project in one of Calgary’s most desirable redevelopment areas perfect for Developers, Builders, or long - term investors.

Amenities

  • Bedrooms: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 0
  • Property Type: Residential
  • Year Built: 1952
  • Built in 1952
  • Home size: 0 ft2 / 0 m2
  • MLS: A2244380
  • Status: Active

Property brokered by

CIR REALTY

(403) 294-1500

Get more listing details on brokerage site

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