*OPEN HOUSE, SAT NOV 11 FROM 1-3PM* Exceptional Investment Opportunity in the Vibrant Heart of Bowness! This extraordinary property offers a rare and lucrative investment potential generating over $3600/month with a total of three suites (non-conforming/illegal) housing three distinct tenants seamlessly under one roof. The main floor features a private side entrance, presenting three bedrooms, an updated kitchen, and a spacious 4-piece bathroom within its expansive 900 square feet. Note the BRAND NEW durable luxury vinyl plank flooring, freshly painted & new baseboards. The lower level, accessible through a front door, comprises two fully self-contained bachelor units, each exceeding 300 square feet. These units boast full kitchenettes, well-appointed 4-piece bathrooms, ample closets, and storage. Lower suite A has a BRAND NEW tiled tub, and luxury vinyl plank flooring. With a remarkable 100% occupancy rate over the past five years, securing tenants has never been a challenge in this prime location. Situated on a corner lot, ample street parking is available. The backyard is intelligently divided by a fence, providing dedicated spaces for the upstairs unit and the two bachelor units below. Bowness stands out as the ideal location, offering access to tennis courts, winter skating, summer river floats, and proximity to Shouldice Park, all within walking distance. Additionally, the property is less than a 5-minute drive from the brand-new Farmers Market, quick and convenient commute to downtown. Don't miss this unparalleled opportunity for a sound and lucrative investment in one of Calgary's most sought-after neighbourhoods.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Subject To Tenancy
Suite:
Suite - Illegal
Home Style:
Bi-Level
Total Living Area:
900 sq. ft.83.61 m2
Main Level Finished Area:
900 sq. ft.83.61 m2
Below Grade Finished Area:
879 sq. ft.81.66 m2
Taxes:
$2,842 /
2022
Lot Area:
2,508 sq. ft.233 m2
Lot Frontage:
35'2⅞"10.741 m
Front Exposure:
West
Levels:
Bi-Level
Total Rooms Above Grade:
5
Year built:
1982
(Age: 41)
Bedrooms:
5
(Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
3.0
(Full:3, Half:0)
Plan:
4610AJ
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame, Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Linoleum, Tile, Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Off Street
Parking Places:
3.0
Parking Total/Covered:
3 /
-
Laundry Features:
Laundry Room, Lower Level, See Remarks
Bowness
Electric Stove, Microwave, Refrigerator, See Remarks, Stove(s), Washer/Dryer, Window Coverings
Stove X2, Fridge X2 , Shed
Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Living Room
15'10"4.83 m × 13'7"4.14 m
Main Floor
Kitchen
10'5"3.18 m × 9'2.74 m
Main Floor
Bedroom - Primary
10'6"3.20 m × 10'5"3.18 m
Main Floor
Bedroom
10'7"3.23 m × 8'2.44 m
Main Floor
Bedroom
10'8"3.25 m × 8'3"2.51 m
Lower Level
Bedroom
12'3.66 m × 8'7"2.62 m
Lower Level
Bedroom
12'7"3.84 m × 7'2.13 m
Lower Level
Kitchen
15'5"4.70 m × 7'2"2.18 m
Lower Level
Kitchen
15'5"4.70 m × 9'2.74 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
0' x 0'
Lower Level
No
4
0' x 0'
Lower Level
No
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Clubhouse, Other, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s)
Interior Features:
Laminate Counters, No Smoking Home, Separate Entrance
Exterior Features:
Lighting, Private Entrance, Private Yard
Patio And Porch Features:
Side Porch
Lot Features:
Back Yard, City Lot, Corner Lot, Front Yard, Lawn, Landscaped, Level, Street Lighting
Data was last updated December 1, 2023 at 08:05 AM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$825,000
Min list price:
$139,900
Max list price:
$4,000,000
Avg days on market:
51
Min days on market:
2
Max days on market:
324
Avg price per sq.ft.:
$453.47
These statistics are generated based on the current listing's property type
and located in
Bowness. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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. Used under license.