Shovel-Ready Multi-Family Development Opportunity in Bowness!
A rare and exceptional opportunity to acquire a full-sized 50′ x 120′ R-CG zoned lot in the highly sought-after community of Bowness.
This prime inner-city development site comes complete with a fully approved Development Permit for a thoughtfully designed 4-plex, each unit featuring a legal basement suite — totaling 8 income-generating units.
This project is ideal for a CMHC – backed rental investment or a stratified build, offering the potential to sell individual units, each with its own secondary suite.
With the development permit in hand, you can bypass lengthy approval timelines — just pull the building permit and start construction right away. SELLER CAN BUILT THE PROJECT AND OFFER IT AS A TURNKEY SOLUTION FOR INVESTORS.
Opportunities like this don’t come often. Don’t miss your chance to capitalize on this multi-family project in one of Calgary’s most desirable redevelopment areas perfect for Developers, Builders, or long – term investors.
If you are buying, selling or investing in the Calgary Real Estate market, we can guide you.
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