Calgary Realtor

$935,000 · For Sale
8312 47 Avenue NW, Calgary, Alberta
1+1Bedrooms
1+1Bathrooms
1,292sq ft
5,991sq ft Lot
149Days on Market

About This Property

Attention Developers, Builders and Investors, this is an opportunity to purchase a DP Approved 4+4 development site 1 km from Bowness Park. The community blends historic small-town ambiance with active urban lifestyle. Bowness offers investors strong rental demand, among diverse housing options through community redevelopment. The architectural design melds timeless traditional Brownstone style with modern living. The approved DP Plans feature four three-bedroom two-storey attached homes, each with lower-level units with separate entrances; back lane access to a four-car parking pad; and a detached storage garage to accommodate eight bicycles. Two exterior elevation options are provided to accommodate your investment cost objectives.The Seller also includes: the required DSSP and the City of Calgary Development Levy. The Buyer to complete the Ready for Construction drawings and the associated engineering. An existing 1292 sqft bungalow, including basement development, has potential value as a holding property. The Seller provides no warranty for any of the structures or components of the existing home and land. Buyer is required to do their own due diligence. The Pivot Development team is proud to offer this exceptional opportunity to all those looking to invest or live in the amenity-rich community of Bowness. See listing supplements for brochure floorplans of the DP approved drawings.

Key Features

  • Built in 1955
  • House
  • Freehold
  • Basement: Finished, Full
  • Detached Garage Parking
  • Forced air Heat

Property Details

Community Bowness
Property Type Single Family
Building Type House
Storeys 1
Year Built 1955
Ownership/Title Freehold
MLS® Number A2303139

Size & Land

Finished Area 1,292 sq ft
Land Size 5,991 sq ft Lot

Building Features

Basement Finished, Full
Heating Forced air
Cooling None
Foundation Poured Concrete

Parking

Parking Type Detached Garage
Parking Spaces 4

Financial & Other

Property Taxes $3,112/yr

Location

Click to interact with the map
Get Directions →

Map location is approximate.

Estimated Monthly Payment

$3,971/mo

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 →
Listing courtesy of Sotheby's International Realty Canada · Calgary Real Estate Board
View on REALTOR.ca
ED
Evans Dobey
Ask a Question
Powered by REALTOR.ca

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.