Property Details

1-8, 4523 73 Street NW
Calgary (A2328567)

$2,450,000
80,729 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Welcome to this 8 unit bi-level multi-family building for sell, an exceptional investment opportunity in the heart of Bowness, one of Calgary's fastest-transforming inner-city communities. Surrounded by newly developed multi-family projects, this well-maintained property offers excellent holding income today with outstanding redevelopment potential for the future. Situated on a 75' x 150' M-C1 zoned lot, the building features 8 rental units, including 2 three-bedroom units, 4 two-bedroom units, and 2 one-bedroom units, along with 8 rear parking stalls. The property generates strong cash flow, making it an ideal long-term investment while you benefit from future land appreciation and redevelopment opportunities. Conveniently located within walking distance to schools, shopping, parks, and everyday amenities. Enjoy being just 10 minutes from WinSport, Farmer's Market, Bowness Park, and a wide variety of major retail and dining destinations, while downtown Calgary is only a 15-minute drive away. Whether you're an investor looking for stable income, a developer seeking your next project, or a buyer wanting to secure land in a rapidly evolving neighbourhood, this is an opportunity you won't want to miss.

Property details

Basic Info

MLS® #
A2328567
Property Type:
Commercial
Subtype:
Multi Family
Subdivision:
Bowness
Price
$2,450,000
Sale/Lease:
For Sale
Size:
80,729 sq.ft.
Year Built:
1974 (52 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Garage:
No
Fence:
Basement:
No
Inclusions:
8 x Fridge, 8 x Stove, 6 x Washer, 6 x Dryers

Lot / Land Info

Lot Size:
0 acres
Zoning:
M-C1

Materials & Systems

Exterior:
Brick,Stucco,Wood Frame
Heating:
Forced Air, Natural Gas

Listing Info

Possession:
Negotiable
Days on Market:
1
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Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

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