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Descriptions:
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 and Four well-appointed 1-bedroom, 1-bath lower units
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 build in one of Calgary’s most promising neighborhoods.
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| Status: |
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Active
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| Includes: |
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None |
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| Site Influences: |
| Back Lane, Back Yard, Cul-De-Sac |
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| Legal Description: |
| ACCESS Legal Description |
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| Location & Listing Info: |
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| Lot Size: |
0.01
sq.ft.
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| Lot Shape: |
Back Lane,Back Yard,Cul-De-Sac |
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| Property Info: |
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| Property Type: |
Residential Detached Single Family |
| Home Style: |
Bungalow |
| Year Built: |
1956 |
| Total Floor Area: |
866 sq. ft. |
| Brokerage: |
TREC The Real Estate Company |
| Construction Type: |
Unknown
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| Front Exposure: |
NE
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| Exterior: |
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| Exterior: |
Unknown |
| Construction: |
Unknown |
| Frontage: |
15.24M 50`0" |
| Front Exposure: |
NE |
| Roof: |
Asphalt Shingle |
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| Rooms: |
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| Total Bedrooms: |
3
(Bedrooms Above: 2)
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| Bathrooms: |
Full: 1
/ Half: 1
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| Rooms Above: |
6 |
| Ensuite: |
Yes
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| Parking Plan Type: |
Single Garage Detached
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| Garage: |
1
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| Additional Info: |
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| Heating: |
High Efficiency |
| Basement: |
Full |
| Basement Type: |
Full |
| Floor Finish: |
Carpet |
| Fireplace Details: |
For Sale |
| Parking: |
Single Garage Detached |
| Total Parking: |
1
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| Restrictions: |
Contact for Restrictions |
| Heating Type: |
High Efficiency
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| Heating Fuel: |
High Efficiency
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| Restrictions: |
None Known
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Contact Mike MacLean -
Suite 202 5403 Crowchild Trail NW, Calgary, Alberta, T3B 4Z1
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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