ATTENTION INVESTORS! Discover an exceptional opportunity to own a revenue property in the vibrant inner-city community of Bowness, Calgary. This well-maintained side-by-side duplex sits on an expansive 72'x120' south-facing lot, perfect for future redevelopment. With its prime location, just a short stroll to Bowness Park and situated below Canada Olympic Park (COP), this property is a tenant's dream. Property 8934 features 2 bedrooms upstairs and 2 bedrooms downstairs with 1 bathroom, while property 8932 offers 2 bedrooms, 1 bathroom, and a fully developed basement. Both units share a double detached garage, providing convenience and added value for tenants. The location boasts walking distance to schools, public transportation, parks, walking paths, Market Mall, COP, University of Calgary, Foothills Medical Centre, and the Alberta Children's Hospital, with quick access to downtown via car or bus. Currently, 8932 collects $1650/month and 8934 collects $1550/month, both on month-to-month tenancies with rents below market value, presenting an immediate opportunity for rent adjustments. This property offers a perfect blend of stability and potential for growth, making it an ideal investment for savvy buyers looking to capitalize on Calgary's dynamic rental market. Don't miss out on this incredible opportunity to own a prime revenue property in one of Calgary's most sought-after neighborhoods! For more details or to schedule a viewing, contact us today.
Property Type:
Multi-Family
Property Sub Type:
Full Duplex
Transaction Type:
For Sale
Home Style:
Side by Side
Total Living Area:
1,455 sq. ft.135.17 m2
Lot Area:
8,395 sq. ft.779.92 m2
Year built:
1958
(Age: 66)
Bathrooms:
-
(Full:-, Half:-)
Plan:
3023GJ
Structure Type:
Duplex
Ensuite:
No
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
4.0
Parking Total/Covered:
4 /
-
Bowness
Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer
Data was last updated September 8, 2024 at 12:05 AM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$1,349,950
Min list price:
$875,000
Max list price:
$4,199,999
Avg days on market:
67
Min days on market:
2
Max days on market:
227
Avg price per sq.ft.:
$599.57
These statistics are generated based on the current listing's property type
and located in
Calgary. 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.