Property Details

4524 Bowness Road NW
Calgary (A2215470)

$949,000
2
1
1,224 ft²
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Interest Rate
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* Amounts are estimates only. Final payment amounts may vary.

Description

UNLOCK THE POTENTIAL OF CALGARY'S NEXT GREAT URBAN DEVELOPMENT Are you looking for a project that sits at the heart of Calgary’s urban evolution? This is your chance to secure a 100 x 120 ft parcel of M-U1 F4.5 H22-zoned land on vibrant Bowness Road-right where city-building momentum, community amenities, and investment opportunity converge. WHY THIS SITE? STRATEGIC ZONING & FLEXIBILITY The M-U1 (Mixed Use - General) zoning with a Floor Area Ratio of 4.5 and a height allowance up to 22 meters enables a wide range of redevelopment options, including mixed-use, residential, and commercial configurations. This flexibility empowers you to tailor your project to market demand and community needs. PRIME MAIN STREET LOCATION Located along Bowness Road, an area designated as a Neighbourhood Main Street in Calgary’s Municipal Development Plan, this site is adjacent to numerous successful projects and enjoys the benefits of recent infrastructure and public realm investments. The corridor is a focal point for growth, walkability, and city vibrancy. OUTSTANDING REDEVELOPMENT POTENTIAL • 20 new townhomes-ideal for families and urban professionals seeking ground-oriented living. • Up to 54 multifamily apartment units-capitalize on the demand for quality rental or condominium housing in a rapidly intensifying corridor. • Mixed-use retail and commercial at grade-activate the streetfront and generate additional income streams, aligning with city goals for lively, people-oriented main streets. • Surrounded by Amenities and Connectivity Residents will enjoy immediate access to parks, schools, shops, transit, and the Bow River pathway, making this a highly desirable address for a diverse range of tenants or buyers. • Supported by City Policy and Market Trends The Bowness Area Redevelopment Plan and recent city-initiated land use amendments are designed to accelerate approvals and encourage private investment, ensuring your project aligns with Calgary’s vision for sustainable, complete communities. WHY INVEST HERE ? • Strong Market Fundamentals: The area is forecasted for significant population and job growth, with city policies targeting increased density and mixed-use vibrancy along Bowness Road. • Built-in Demand: The neighbourhood is a magnet for young professionals, families, and downsizers seeking urban living with character and convenience. • Proven Success: Adjacent developments have demonstrated the viability and appeal of this corridor, offering valuable benchmarks for your own project. YOUR NEXT STEPS - Explore the various redevelopment strategies we’ve proposed for this site-from boutique townhome clusters to mid-rise multifamily or mixed-use concepts. We’re ready to share market data, financial models, and design options to help you choose the best path forward for your investment. “Opportunities like this-where zoning, location, and city-building momentum align-are rare. Let’s discuss how you can be part of the next chapter for Bowness Road.” Call today!

Property details

Basic Info

MLS® #
A2215470
Property Type:
Residential
Subtype:
Detached
Subdivision:
Montgomery
Price
$949,000
Sale/Lease:
For Sale
Size:
1,224 sq.ft.
Bedrooms:
2
Bathrooms:
1
Year Built:
1950 (75 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
Yes
Parking:
Double Garage Attached
Fence:
Fenced
Basement:
Finished, Full, Suite
Features:
See Remarks
Inclusions:
N/A
Appliances:
See Remarks
Laundry:
See Remarks
Exterior Features:
None
Patio/Porch Features:
None

Neighborhood Info

Nearby Amenities:
Schools Nearby, Shopping Nearby

Lot / Land Info

Lot Size:
0.14 acres
Lot Features:
Back Lane, City Lot, See Remarks
Zoning:
MU-1

Materials & Systems

Roof:
Asphalt
Exterior:
Wood Frame
Floors:
See Remarks
Foundation:
Poured Concrete
Heating:
Forced Air, Natural Gas
Cooling:
None
Amenities:
Schools Nearby, Shopping Nearby

Listing Info

Possession:
Immediate,Negotiable
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Your Agent
  • Gerald Friesen

    Grassroots Realty Group Ltd. Grande Prairie, AB
    780-380-9166

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