1-8, 4523 73 Street NW

About this home

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. (id:67720)

Home details

Property type

Multi-family

Living area

80,729 sq. ft.

Building type

Multi-Family

Year built

1974

Heating

Forced air, Natural gas

Parking spaces

8

Exterior

Wood frame

Lot dimensions

1045.00

Zoning

M-C1

Lot size

1,045 square meters

Property taxes

$11,969 (2026)

MLS® number

A2328567

MLS® A2328567 · Listed by Homecare Realty Ltd. · Information updated Oct 31, 2:01 a.m.

Location

Living in Bowness

See every home for sale in Bowness.