3915 73 Street NW new Save Request In-Person Tour Request Virtual Tour
Calgary,AB T3B2L8
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 866 sqft
Price per Sqft $922
Subdivision Bowness
MLS Listing ID A2263661
Style Bungalow
Bedrooms 3
Half Baths 1
Year Built 1956
Lot Size 557 Sqft
Acres 0.012787703
Property Sub-Type Freehold
Source Calgary Real Estate Board
Property Description
Seize a rare opportunity to invest in a purpose-built multi-residential development in the dynamic and growing community of Bowness, Calgary. This project—meticulously designed by MCA Construction Group—comes with a fully approved Development Permit with the Building Permit underway, putting you on the fast track to construction and returns. This critical milestone significantly reduces development risk and accelerates your timeline to completion. Additionally the DP levy has been fully paid.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 nearly 9,000 sq ft of livable space, the project features eight thoughtfully designed units: Four spacious 3-bedroom, 2.5-bathroom upper units (1,533 sq ft each) and Four well-appointed 1-bedroom, 1-bath lower units (680 sq ft each)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.This is a turnkey development opportunity with the potential to leverage CMHC Select Financing. With all major approvals in place and construction services available through MCA Construction Group, 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. With key approvals already in place, the path to construction and income is clear—this is your opportunity to buil d in one of Calgary's most promising neighborhoods. (id:24570)
Location
Province AB
Rooms
Kitchen 1.0
Extra Room 1 Basement 4.00 Ft x 3.00 Ft 2pc Bathroom
Extra Room 2 Basement 17.67 Ft x 10.00 Ft Family room
Extra Room 3 Basement 9.17 Ft x 8.00 Ft Bedroom
Extra Room 4 Main level 11.50 Ft x 5.50 Ft Kitchen
Extra Room 5 Main level 18.83 Ft x 12.83 Ft Living room
Extra Room 6 Main level 3.42 Ft x 2.83 Ft Other
Interior
Cooling None
Flooring Carpeted
Exterior
Parking Features Yes
Garage Spaces 1.0
Garage Description 1
Fence Fence
View Y/N No
Total Parking Spaces 1
Private Pool No
Building
Story 1
Architectural Style Bungalow
Others
Ownership Freehold