Yoki & Jeff Nichol

  • $1,650,000
  • $1,650,000
  • Detached, Residential
  • Property Type
  • A2203309
  • MLS #
  • 6
  • Bedrooms
  • 3
  • Bathrooms
  • 1012.00
  • Sq Ft
  • 1956
  • Year Built

Description

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.

Additional Details

  • Property ID A2203309
  • Price $1,650,000
  • Property Size 1012.00 Sq Ft
  • Land Area 0.15 Acres
  • Bedrooms 6
  • Bathrooms 3
  • Year Built 1956
  • Property Status Active
  • Property Type Detached, Residential
  • PropertySubType Detached
  • Subdivision Bowness
  • Interior Features Laminate Counters,No Animal Home,No Smoking Home,Open Floorplan,Storage
  • Exterior Features Garden
  • Appliances Dishwasher,Dryer,Electric Oven,Gas Stove,Microwave Hood Fan,Refrigerator,Washer,Window Coverings
  • Style Bungalow
  • Heating Forced Air,Natural Gas
  • Cooling None
  • Zone M-C1
  • Basement Type Finished,Full,Unfinished
  • Parking Alley Access,On Street,Parking Pad,Rear Drive,RV Access/Parking
  • Days On Market 100
  • Construction Materials Vinyl Siding,Wood Frame,Wood Siding
  • Roof Asphalt Shingle
  • Half Baths 0
  • Flooring Carpet,Ceramic Tile,Hardwood,Laminate,Linoleum
  • Garage Spaces 0
  • LotSize SquareFeet 6512
  • Lot Features Back Lane,Back Yard,Front Yard,Rectangular Lot
  • Community Features Lake,Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks
  • PatioAndPorch Features None
Yoki Nichol
Call 403-852-1992