Investment opportunity in Bowness: 70 x 120 ft. lot ready for redevelopment!! This 72.5 x 120 ft. (approx. 8,700 sq. ft.) lot in a quiet pocket of Bowness, offering multiple redevelopment options. The property is well-suited for a new multi-family project, a full teardown, or subdivision, with dimensions that allow for flexibility in future planning. The lot is zoned R-CG, is flat and has no powerlines! Based on its size, this lot could potentially support five dwellings with five secondary suites (subject to municipal approval and permitting). Alternatively, subdivision could create two 35 x 120 ft. parcels for larger detached homes. Bowness provides strong long-term growth potential while maintaining everyday convenience. The community offers access to the Bow River pathways, Bowness Park, Canada Olympic Park (WinSport COP), and the Northwest Farmers Market. The location also connects easily to shopping, dining, schools, parks, transit, Foothills Hospital, the University of Calgary, and major roadways leading downtown or west to the mountains. The existing 3-bedroom bungalow is currently owner-occupied, with the option of a rent-back arrangement to generate holding income while development plans are finalized. Redevelopment sites of this size in established inner-city communities are limited, making this property a practical choice for investors and developers evaluating opportunities in Calgary’s northwest.
Address
7827 33 Avenue NW
List Price
$799,000
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
sale
Area
Calgary NW
Sub-Area
Bowness
Bedrooms
3
Bathrooms
1
Floor Area
1,634 Sq. Ft.
Lot Size
8697 Sq. Ft.
Year Built
1971
MLS® Number
A2248370
Listing Brokerage
CIR Realty
Basement Area
None
Postal Code
T3B 1L3
Zoning
R-CG
Site Influences
Back Lane, Back Yard, Schools Nearby, Shopping Nearby, Playground, Sidewalks, Street Lights
