DEVELOPMENT PERMIT APPROVED | SAVE 12+ MONTHS OF CITY DELAYS.
Turnkey "4+4" multi-family project in the high-demand, growth-centric community of Bowness. This premium 50’ x 120’ R-CG lot is fully primed for immediate construction, offering an exceptional opportunity for builders and investors to bypass the bureaucratic bottleneck. The heavy lifting is 100% complete: Approved Development Permit (DP), engineered Development Site Servicing Plan (DSSP), and the municipal levy pre-paid by the seller. The architectural plans showcase a highly rentable or highly salable modern project featuring 4 multi-storey townhomes layered over 4 legal lower suites each with a private entrance (8 doors total). Bowness continues to see aggressive revitalization, driven by its proximity to the Bow River, University of Calgary, the Alberta Children’s Hospital and Bowness Park. Value is entirely in the land, engineering, and active approvals. Do not miss this rare opportunity to pipeline your crew for the construction season with a de-risked, building permit-ready project. Contact your agent today for the complete pro-forma and architectural package. Property sold strictly in as-is, where-is condition. Building is currently vacant and requires a certified building inspection if intended as a holding property. Selling agent has a financial interest in the property.
Data was last updated November 7, 2026 at 12:05 AM (UTC)
Area Statistics
Listings on market:
69
Avg list price:
$699,000
Min list price:
$150,000
Max list price:
$1,799,900
Avg days on market:
43
Min days on market:
1
Max days on market:
192
Avg price per sq.ft.:
$450.77
These statistics are generated based on the current listing's property type
and located in
Bowness. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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.