Land Assembly Opportunity in Bowness! This exceptional investment package includes 8508 & 8512 Bowness Road NW, offering a prime MC-1 zoned redevelopment opportunity with 13,024 sq. ft. of total land and an expansive 110 ft. frontage along the highly sought-after Bowness Road. Both properties generate immediate rental income while holding immense future potential. 8512 Bowness Rd NW: 3-bed, 2-bath main level + 2-bed, 1-bath illegal suite (1,012 sq. ft. RMS). Generates $3,000/month in rental income. Includes parking pad, RV access, and ample space, Includes parking pad, RV access, and ample space. 8508 Bowness Rd NW: 2-bed, 1.5-bath home (895 sq. ft. RMS) with a single-car garage. Generates $1,900/month in rental income. Perfect for developers and investors, these side-by-side lots offer the flexibility to build townhouses, a fourplex, or a small multi-residential project. The high-exposure location ensures excellent accessibility and future value appreciation. Prime Location Near Major Destinations: Bowness Park, Winsport (Canada Olympic Park), Market Mall, Bow River Pathway, Shouldice Athletic Park, University of Calgary & Foothills Medical Centre, Easy Access to Downtown – Quick connectivity via 16th Ave & Stoney Trail. With a combined rental income of $4,900/month, this property offers strong cash flow while you plan your redevelopment vision. A rare opportunity in one of Calgary’s most promising communities! Contact us today for more details. (id:47421)
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Detailed Information
Bedrooms
4+2
Bathrooms
3
Lot
33.53 x 71.93 m
Amenities Nearby
Park, Playground, Schools, Shopping, Water Nearby
Community Features
Lake Privileges
Features
Back lane, No Animal Home, No Smoking Home
Listing Contract Date
2025-03-17
Municipal ID
0012418281
Ownership Type
Freehold
# of Parking Spaces
6
Plan
2074HB
Property Type
Single Family
Structures
None
Transaction Type
For sale
Zoning Description
M-C1
Building
Appliances
Washer, Refrigerator, Oven - Electric, Gas stove(s), Dishwasher, Dryer, Microwave Range Hood Combo, Window Coverings
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