
About This Property
WELCOME TO ONE OF CALGARY'S MOST EXCITING MULTI-FAMILY INVESTMENT OPPORTUNITIES! This exceptional 2024-built 6 plex townhome development offers the rare combination of strong cash flow with a 5.61% CAP RATE, premium construction, assumable CMHC financing & outstanding long-term appreciation potential in the rapidly growing community of Bowness.Situated on a large 181' x 88' lot, this TURNKEY investment is FULLY LEASED & available for immediate possession, generating an impressive $218,388 in annual rental income. Even better, tenants pay their own utilities, helping keep operating costs low while maximizing returns.Unlike traditional apartment-style buildings, this development consists of 6 INDIVIDUAL TOWNHOMES with no basement suites and no units stacked above or below, providing tenants with greater privacy, quieter living & a true residential feel. This unique design has resulted in consistently strong demand and full occupancy since completion.The property includes 5 two-bedroom townhomes, each offering approximately 1,322 sq.ft., plus 1 spacious three-bedroom townhome with approximately 2,046 sq.ft. + ALL UNITS have AC! Every home features 2.5 bathrooms. The 2 bedroom units include a main-floor office/den, while the larger unit offers premium appliances, upgraded QUARTZ & a main-floor bedroom, creating flexible layouts that appeal to a wide range of tenants.Every townhome showcases modern finishes QUARTZ counters and bright open-concept living spaces. Beautiful kitchens seamlessly connect to the dining and living areas, creating the perfect setting for everyday living and entertaining. Features include durable luxury vinyl plank flooring, granite countertops, stainless steel appliances, full-height cabinetry, stylish tile backsplashes and spacious dining nooks. Each home also offers private decks off both the second and third floors, extending the living space outdoors.Every unit includes its own ATTACHED GARAGE plus an additional driveway space, anoth er feature that continues to attract quality long-term tenants. As an added bonus electrical services have been upgraded and all units can accomodate EV chargers! This project was approved through the CMHC MLI Select Program, and a qualified purchaser has the opportunity to assume the existing mortgage at an attractive 4.9% interest rate (subject to lender approval), providing a significant financing advantage.Located just minutes from downtown, the Bow River pathway system, parks, shopping, restaurants, Canada Olympic Park, the University of Calgary and Foothills Hospital, Bowness continues to be one of Calgary's most desirable and rapidly evolving communities.A fully occupied, purpose-built 6 -plex of this quality is an exceptionally rare offering. Whether you're expanding an investment portfolio or acquiring a premium income-producing asset, this outstanding property delivers immediate cash flow, exceptional tenant appeal and outstanding long-term value. RMS measurements taken from builder plans.
Key Features
- Built in 2024
- Multi-Family
- Freehold
- Basement: Finished, Full
- Attached Garage, Garage Parking
- Forced air, Natural gas Heat
Property Details
Size & Land
Building Features
Parking
Financial & Other
Estimated Monthly Payment
Based on 20% down, a 4.09% rate and 25-year amortization. Your actual payment will depend on your rate, down payment, and lender.
Customize This Estimate →View on REALTOR.ca
Similar Properties in Calgary








Recently Listed in Bowness








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. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
The listing content on this page is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.