**Investor, Builder, Developer Alert ** Development Opportunity in Desirable Bowness – DP Approved 8-Unit 4-Plex Lot
An exceptional opportunity awaits in the heart of Bowness! This 50 ft x 120 ft lot is being sold with an approved Development Permit (DP) in place for a thoughtfully designed 3-storey 4-plex, featuring 8 units in total – four 3-storey townhomes with upper level balconies and four 1-bedroom legal basement suites with private entry. The approved plans also include 4 single garages accessible from the rear lane.
Perfectly positioned on a quiet street across from a peaceful greenspace, this location offers an unbeatable balance of nature and urban convenience. Just 7 minutes to Bowness Park, enjoy quick access to one of Calgary’s most cherished outdoor spaces. Whether you're commuting downtown or escaping west on Highway 1 toward Banff, you’ll appreciate the smooth, efficient travel options this location provides.
The current structure is a 3-bedroom, 1-bathroom bungalow with an open-concept 889 sq ft layout, sold as-is.
Whether you're a developer ready to break ground or an investor looking to hold a prime parcel with plans in place, this is a rare find in one of Calgary's most established communities. Don’t miss out on this turnkey development-ready property in vibrant Bowness. Hurry and book you showing today!
Data was last updated July 1, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
58
Avg list price:
$724,900
Min list price:
$149,900
Max list price:
$1,650,000
Avg days on market:
27
Min days on market:
1
Max days on market:
242
Avg price per sq.ft.:
$525.73
These statistics are generated based on the current listing's property type
and located in
Bowness. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.