Welcome to 8319 44 Avenue NW, a brand new, purpose built fourplex with 4 fully legal basement suites, offering a total of 8 self contained rental units in Bowness, one of Calgary’s established and increasingly sought after inner-city communities. This is an excellent opportunity to acquire a modern, turnkey multifamily investment, ready for possession and perfectly timed for the spring rental season.
Situated on a quiet residential street, this property offers a fantastic combination of rental potential, natural surroundings, and convenient access to major amenities. Bowness is known for its mature trees, established neighbourhood character, and proximity to Bowness Park and the Bow River pathways, making it a favourite for outdoor enthusiasts, families, and professionals alike. Enjoy quick access to major roadways, the University of Calgary, Foothills Medical Centre, and other key employment and education hubs.
The property features four spacious, two storey upper units, each offering 3 bedrooms and 2.5 bathrooms, complemented by a fully legal two bedroom basement suite. Large windows throughout the upper units create bright, welcoming living spaces, while the raised basement suites feature above grade windows for added natural light. Each lower suite includes two bedrooms, a generously sized living area, and a functional kitchen, making them ideal for long term rental accommodation.
The south facing backyard allows for plenty of natural sunlight, including for the rear units. A detached 4 car garage adds valuable off street parking and storage, further enhancing the property's appeal to tenants.
From an investment standpoint, eight self contained units, modern construction, legal basement suites, and a desirable inner-city location create an attractive opportunity for investors seeking to build a strong rental portfolio. Bowness continues to appeal to tenants looking for access to green space, established amenities, and convenient connections throughout Calgary.
This property qualifies for financing with as little as 5% down, up to 95% loan to value (LTV), and up to 50 year mortgage amortization, subject to property eligibility, lender underwriting, and CMHC approval.
Coming turnkey and ready for possession, this is an opportunity to secure a brand new, income producing multifamily property ahead of the spring rental season. Contact us today for more information and to discuss this exciting investment opportunity and make it yoursMore details
Land Opportunity in the heart of Bowness! MC-1 land use with a generous size of 22500SF. Located near shopping, parks and schools, conveniently just off Bowness road. Prime location for residential low rise development in this family friendly and desirable community.More details
Opportunities like this are exceedingly rare. Sprawling across a massive 100x196 foot lot, this exceptional 0.42-acre property features 100 feet of direct water frontage on the highly coveted Bowness lagoon. The lot itself is spectacular, beautifully framed by mature trees that offer an incredible sense of natural privacy right in the city. The original bungalow is nestled into a setting that holds unmatched future potential, and the property includes two storage sheds and a private dock. You can choose to work with the existing home or use this premier parcel of land to build a brand-new custom estate. Plus, for anyone looking for even more space, you have the rare opportunity to also purchase the property directly next door.
The four-seasons lifestyle offered by this unique location is unmatched. Imagine stepping out onto your private dock to launch a kayak or paddle-board in the summer, or lacing up your skates to enjoy the lagoon in the winter, all while watching abundant local wildlife right outside your door. Despite its serene, nature-filled setting, you are steps from running and biking trails, the scenic Bow River pathways, and the cross-country skiing tracks at Bowness Park. You are also just a short drive from the Calgary Farmers’ Market West and excellent local dining. Whether you are looking to renovate, hold, or build new, this lagoon-front property holds a monumental opportunity.More details
Welcome to your own private waterfront retreat in the heart of Bowness. Homes with this kind of setting, and this level of potential, simply don't come up often. Nestled right on the lagoon and surrounded by mature trees, this exceptional property offers a rare opportunity to enjoy true waterfront living in one of Calgary’s most desirable locations. Plus, you have the rare opportunity to also purchase the lot directly next door.
Step out onto your dock and embrace every season, whether you're canoeing and paddle-boarding across the lagoon in the summer, or lacing up your skates to glide onto the ice in the winter. Inside, the home features a smart, functional layout that maximizes its incredible surroundings. Large windows throughout flood the space with natural light and showcase beautiful views of the water and surrounding greenery, creating a peaceful escape that feels miles away from the city.
The open-concept main floor balances warmth and charm, making it perfect for both quiet nights in and effortless entertaining. The spacious kitchen is a central hub, featuring a large island and ample workspace that flows seamlessly into the dining and living areas. The main floor is dedicated to comfortable daily living, featuring a generously sized primary bedroom and updated bathrooms.
Downstairs, the fully developed basement adds even more versatility to the home, with three additional bedrooms, generous living space, and in-floor heating throughout. Whether used for family, guests, a home office, or additional recreation space, this level offers plenty of room to spread out and make the home your own. The attached garage is another standout feature, complete with heated floors and a mezzanine providing additional storage.
And then there’s the lifestyle. Bowness has its own distinct, small-town feel right in the city. Running, walking, and biking trails are just steps away from your door, and you can cross-country ski throughout the winter. Here, you have abundant local wildlife right outside, you can walk to Bowness Park and the river pathways, and you’re just a short drive from the Calgary Farmers’ Market West, excellent local shops, and restaurants.
If you’re seeking an active outdoor lifestyle, a tranquil waterfront escape, and a property with unmatched future potential, this one is absolutely worth a look. For more information, photos, and a 360 tour, click the links below!More details
ATTENTION CALGARY REAL ESTATE INVESTORS! Discover an opportunity to own a fully conforming, four-unit residential investment property in the heart of Bowness. Whether you are expanding an established portfolio or seeking a multi-family property with room to grow, 6131 Bowness Road NW offers a combination of existing rental income, a proven rental history and future upside. Built in 1969, this impeccably maintained Four-plex features three, three-bedroom suites and one, two-bedroom suite, an attractive unit mix that appeals to a broad range of tenants. All four residences are accessed from an upgraded central interior hallway, with a shared laundry room in the basement. A rear parking pad provides four off-street parking spaces. The building is heated by a central gas-fired hot-water boiler that has been serviced annually, and improvements to attic ventilation, including vents and fans, were completed in 2025. The potential extends beyond existing income. One of the three-bedroom suites has been renovated, demonstrating the potential to reposition additional units over time and pursue increased rental revenue as leases turn over and market conditions permit. For a long-term investor, the opportunity to thoughtfully modernize the remaining interiors creates an appealing path to enhancing tenant experience and strengthening income performance. Opportunities to review utility arrangements and common-area laundry operations to improve efficiency and revenue, applicable requirements and tenant agreements. Location adds another layer of appeal. Bowness is one of Calgary's most established northwest communities, known for its neighbourhood character, local businesses, restaurants, shops and access to outdoor recreation. Transit, major routes and the Bow River pathway network are accessible, with Bowness Park nearby. The setting offers tenants a practical balance of everyday amenities and access to destinations across northwest Calgary. With four existing rental units, dedicated parking, shared laundry and a flexible suite mix, this property provides an established foundation for investors to evaluate. Rather than relying on a speculative development concept, buyers can consider an operating rental property today alongside a range of potential improvements for tomorrow. An investor information package, including an illustrative income and expense analysis and potential value-add scenarios, is available for qualified buyers to review. Opportunities to acquire a fully conforming Four-plex with this combination of current utility and future potential deserve a closer look. The appeal is in the added flexibility: maintain the existing rental operation while considering a phased improvement strategy that aligns with tenant turnover, available capital and long-term investment objectives. Explore what 6131 Bowness Road NW could contribute to your Calgary real estate investment portfolio. Ask for the investor package and details.More details
A rare opportunity to own a true purpose-built four-plex on a large lot in Bowness. Designed as four self-contained residences, the property features a four-corner layout with two units at the front and two at the rear, each with its own private entrance and functional two-level floor plan. Every unit offers a kitchen and living room on the main level, with two bedrooms, laundry and 1 bathroom downstairs, providing tenants with excellent separation between living and sleeping spaces. Each residence has its own furnace and hot water tank and is separately metered for gas and electricity, with tenants paying their own utilities. All four units also feature a private balcony and fully fenced yard, a major advantage for tenants with children or pets. The property includes rear parking for four vehicles, a storage shed, a roof replaced in 2016 and two recently replaced hot water tanks. Currently fully rented and generating $6,800 per month in rental income. Conveniently located close to transit, schools and shopping, helping attract a wide range of renters. A strong long-term investment in an established Calgary community with four purpose-built rental units and excellent tenant amenities.More details
Attention builders and investors! Prime development opportunity in the heart of Bowness, one of Calgary’s rapidly developing inner-city communities. This MC-2 zoned property is ideally located just steps from transit, close to shopping, parks, and the Bow River pathway system, with Canada Olympic Park nearby. The MC-2 zoning provides potential for multi-residential development subject to City of Calgary approval. The property is currently tenant-occupied, with a new roof (2025) - drive by only please. Please do not disturb the tenants. Contact your Realtor or reach out directly for more information. Land value only.More details
Exceptional Turnkey Fourplex Investment in Bowness! Rare opportunity to acquire a fully rented, income-producing fourplex in one of Calgary’s most desirable and established communities. This well-maintained property features two renovated 3-bedroom main-floor units and two legal 2-bedroom basement suites with oversized windows and abundant natural light. Each suite offers a spacious open-concept layout, generous living areas, ample storage, and its own private laundry facilities. With over 3,900 sq. ft. of developed living space and four high-efficiency furnaces, this property is designed for reliable, low-maintenance ownership.
Long-term, respectful tenants are already in place and have expressed interest in remaining, providing immediate and stable cash flow for investors. Significant recent upgrades include full renovations to the main-floor units, while the lower suites remain in excellent condition.
Ideally located near schools, shopping, public transit, Bowness Park, the Farmers’ Market, and the Bow River, with quick access to downtown Calgary and the Rocky Mountains. Situated outside the flood zone, this is an outstanding opportunity to secure a quality multi-family asset with strong rental appeal and long-term growth potential. A truly turnkey addition to any investment portfolio.More details
Have you been looking for the right lot to build your dream home? This expansive 50' x 385' lot backs onto the serene East Bowness Park Lagoon and offers a large footprint to develop on. Nestled on a quiet, low-traffic street, this oversized property offers an incredible combination of inner-city convenience and secluded parkland tranquility. The unique topography features a commanding elevation at the front, providing a stately build site that overlooks the sprawling, private backyard as it moves toward the water. This is a clear, ready-to-build canvas with no demolition required, offering ample room for a custom home, oversize garage, and a deep outdoor oasis.
Life here is a four-season experience. Enjoy the peaceful, treed backdrop of the lagoon in the summer and your own skating rink in the winter, a luxury shared with only five neighboring families. Just steps away from the extensive pathway network connecting you to Bowness Park, Baker Park, Bowmont Park, and the Bowmont Island Off-leash area. Despite the nature-first feel, you remain minutes away from the Foothills Hospital, U of C, downtown, and the gateway to the Rocky Mountains. Own one of the most versatile and private park-side parcels in Calgary.More details
HIGH-END UPGRADES THROUGHOUT!! DOUBLE DETACHED GARAGE!! 2800+ SQFT OF TOTAL LIVING SPACE!! 4 BEDROOMS!! 3.5 BATHS!! FULLY DEVELOPED BASEMENT!! CENTRAL A/C!! BEAUTIFULLY LANDSCAPED BACKYARD!! Welcome to this beautifully upgraded home offering over 2,800 SQFT of total living space with a thoughtfully designed interior and quality finishes throughout! The main floor welcomes you with a spacious foyer leading into the DINING AREA, followed by a stunning gourmet KITCHEN featuring premium FISHER & PAYKEL APPLIANCES, BUILT-IN REFRIGERATOR, a large centre island and upgraded cabinetry. The inviting LIVING ROOM features a FIREPLACE surrounded by a full-height feature wall, complemented by custom built-ins and decorative finishes. A 2PC BATH completes this level. Additional upgrades include 8-FT DOORS on the main and upper levels, INTERIOR GLASS RAILINGS, decorative feature walls and a WATER SOFTENER. Upstairs offers 3 BEDROOMS, 2 FULL BATHROOMS and conveniently located LAUNDRY. The spacious PRIMARY BEDROOM features a custom WALK-IN CLOSET with extensive built-in cabinetry, drawers, hanging space and a full-length mirror, along with a luxurious 5PC ENSUITE. The additional two bedrooms each feature their OWN WALK-IN CLOSETS and share a 3PC BATH. The FULLY DEVELOPED BASEMENT adds even more living space with a HUGE REC ROOM, BAR AREA, an additional BEDROOM with WALK-IN CLOSET and a 4PC BATH — perfect for guests or extended family. Outside, the backyard has been extensively landscaped to create a private outdoor retreat, complete with an IN-GROUND SPRINKLER SYSTEM, mature greenery, a large patio, PERGOLA and a striking GLASS EXTERIOR CANOPY covering the rear entrance and patio area. The property also features CENTRAL AIR CONDITIONING and a DOUBLE DETACHED GARAGE that is INSULATED AND FINISHED. Located close to the BOW RIVER, pathways, parks, CALGARY FARMERS' MARKET and other nearby amenities. A beautifully finished home combining luxury upgrades, functional living space and an exceptional outdoor setup!More details
BOWNESS FOURPLEX INFILL OPPORTUNITY: This offering presents a fully approved development opportunity in one of Calgary's resilient rental submarkets, Bowness. The property comprises a 5,991 sq. ft. R-CG-zoned parcel with an active City of Calgary Development Permit for an optimized "4+4" residential income property. The approved plans provide four custom designed two-story, two or three bedroom townhomes, each paired with fully independent legal one-bedroom lower secondary suites featuring a private exterior entrance. Value proposition and De-Risked Advantages: Avoid twelve months of administrative review, design revisions and approval delays. The Development Permit positions the project ready for Building Permit application. Infrastructure certainty: The Development Site Servicing Plan (DSSP) has been fully engineered and approved by the City of Calgary. Key development items addressed: Municipal development levy have been accounted for within the transaction framework. Approximately 1 km from Bowness Park, with nearby transit and community amenities, the property offers potential for long-term rental ownership. The existing bungalow and basement development requiring improvements may provide holding income upon occupancy approval until issuance of Building Permit ready for construction. An investment pro forma, architectural and site plans, and approved DP package are available to qualified buyers upon request. Buyers may explore CMHC MLI Select financing, subject to eligibility and lender approval. Buyers to independently verify approvals, remaining building permit requirements, costs, rental assumptions and projected returns. A Financial pro-forma has been prepared for illustrative and marketing purposes only, While metrics are deemed reliable, the seller and listing brokerage make no representations or warranties, express or implied, as to the accuracy of construction costs, future rental revenues, or municipal fee structures. Buyers must conduct their own independent financial and operational due diligence. Disclaimers: The existing home on the property is being sold strictly in as-is, where-is condition for lot value and development purposes. The structure has not been inspected for occupancy, and no warranties or representations are made regarding its safety, habitability or compliance with current building codes. All licenced agents and prospective buyers entering the home do so entirely at their own risk. Disclosure: the selling agent has a financial interest in the property.More details
Welcome to an immaculate, pride-of-ownership, fully developed total of four-bedroom, four-level split in the heart of Bowness!! An amazing and private location, established on a massive 50x300 (over 1/3 of an acre) manicured, sunny, south-facing, treed lot, backing onto a heavily treed forested escarpment area!!! There are several upgrades throughout the home over the many years the current owners have resided there, including a lovely oak eat-in kitchen with a separate coffee station, granite counters, real hardwood flooring throughout the entire home, all upgraded bathrooms plus much, much more! The upstairs level was an addition and contains the primary master bedroom retreat! The massive primary bedroom has its own private, newer, sunny, south-facing 17'x11' balcony, bright vaulted ceilings, a newer and gorgeous 5-pce ensuite (including a steam shower), and a large walk-in closet complete with several built-ins and rough-in plumbing for separate laundry. The main level has two good-sized bedrooms, a front living room highlighted by a cozy wood burning fireplace, the third-level family room has a walk-out to a south-facing covered patio BBQ area, and another gas fireplace! The lower level is highlighted by a summer kitchen (possibly for an extended family member), the fourth bedroom, 3-piece bath, and laundry area. The oversized double garage is a workshop heaven and has a brand new asphalt surfaced driveway!! This is a fantastic inner-city location, only a few minutes away from WinSport COP and several box stores, a quick 5-6 minutes to the U of C, a short commute to downtown and easy access west to the mountains! Hurry on this wonderful inner-city mini acreage-like property!!!More details
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