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. (id:32467)

Ammenities Near By

• Ammenities Near By: Park, Playground, Schools, Shopping

Building

• Appliances: None
• Architectural Style: Bungalow
• Basement Development: Unfinished
• Basement Type: Full (Unfinished)
• Construction Style: Detached
• Cooling Type: None
• Exterior Finish: Concrete, Stucco
• Fireplace: No
• Flooring Type: Linoleum, Wood
• Interior Size: 867 sqft
• Building Type: House
• Stories: 1

Features

• Feature: See remarks, Back lane, No neighbours behind

Land

• Land Size: 558 m2|4,051 - 7,250 sqft

Ownership

• Type: Freehold

Structure

• Structure: Deck

Zoning

• Description: R-CG

Information entered by CIR Realty
Listing information last updated on: 2025-08-16 05:11:57