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3915 73 Street Nw Calgary, Alberta T3B 2L8

3 Bedroom 2 Bathroom 866 ft2
Bungalow None

$798,800.00

Seize a rare opportunity to invest in a lot with designs for a purpose-built multi-residential development in the dynamic and growing community of Bowness, Calgary. This project has been brought together by MCA Construction Group and comes with a fully approved and released Development Permit putting you on the fast track to construction and returns. These critical milestones significantly reduce development risk timelines. Additionally the DSSP and DP levies have been fully paid and the Building Permit drawings are complete and ready for submission. Strategically located, this investment property is positioned to attract strong tenant demand. It’s just 6 minutes from the tranquil Bowness Park, 8 minutes from Market Mall, and within a 10–14 minute commute to the University of Calgary, SAIT, Ambrose University, Alberta Children’s Hospital, and Foothills Medical Centre. This prime location ensures long-term rental stability and appeal. Spanning over 7,000 sq ft of total livable space, the project features eight thoughtfully designed units: four spacious 3-bedroom, 2.5-bathroom upper units and four 1-bedroom, 1-bath lower units. All units include in-suite laundry, with lower units also offering in-suite bike parking. These homes are tailored for the high-end rental market, combining modern design, functionality, and comfort to maximize tenant satisfaction and rental yield. Purchase the lot or purchase as a turnkey development with the potential to leverage CMHC Select Financing. All major approvals are in place and construction services are available through MCA Construction Group or opt to bring your own builder. This is a rare opportunity to invest in a brand-new, purpose-built multifamily project with minimal friction. Whether you're a seasoned investor or looking to expand your portfolio with a high-quality asset, this property represents a unique chance to capitalize on Calgary’s rental market with confidence. This is your opportunity to build in one of Calgary’s most promising up and coming neighborhoods. (id:63844)

Property Details

MLS® Number A2263661
Property Type Single Family
Community Name Bowness
Amenities Near By Park, Playground, Schools, Shopping
Features Cul-de-sac, See Remarks, Back Lane
Parking Space Total 1
Plan 6962hb
Structure Deck

Building

Bathroom Total 2
Bedrooms Above Ground 2
Bedrooms Below Ground 1
Bedrooms Total 3
Appliances None
Architectural Style Bungalow
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1956
Construction Style Attachment Detached
Cooling Type None
Flooring Type Carpeted
Foundation Type Poured Concrete
Half Bath Total 1
Stories Total 1
Size Interior 866 Ft2
Total Finished Area 866.28 Sqft
Type House

Parking

Detached Garage 1

Land

Acreage No
Fence Type Fence
Land Amenities Park, Playground, Schools, Shopping
Size Depth 36.57 M
Size Frontage 15.24 M
Size Irregular 51.75
Size Total 51.75 M2|0-4,050 Sqft
Size Total Text 51.75 M2|0-4,050 Sqft
Zoning Description R-cg

Rooms

Level Type Dimensions
Basement 2pc Bathroom 4.00 Ft x 3.00 Ft
Basement Family Room 17.67 Ft x 10.00 Ft
Basement Bedroom 9.17 Ft x 8.00 Ft
Main Level Kitchen 11.50 Ft x 5.50 Ft
Main Level Living Room 18.83 Ft x 12.83 Ft
Main Level Other 3.42 Ft x 2.83 Ft
Main Level Primary Bedroom 11.67 Ft x 10.83 Ft
Main Level Living Room 13.17 Ft x 10.83 Ft
Main Level Dining Room 11.50 Ft x 6.67 Ft
Main Level Bedroom 9.58 Ft x 8.33 Ft
Main Level 4pc Bathroom 13.33 Ft x 11.00 Ft

Contact Us

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Trec The Real Estate Company
#512 22 Midlake Blvd. Se
Calgary, Alberta T2X 2X7

(403) 270-4060

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