Skip to content
For sale

6110 Bowwood Drive NW

Calgary, Alberta

MLS® A2334679

$3,495,000

Status
Active
Property type
Multi-family
MLS® number
A2334679
Bedrooms
Bathrooms
Year built
2024

Listing description

WELCOME TO ONE OF CALGARY'S MOST EXCITING MULTI-FAMILY INVESTMENT OPPORTUNITIES! This exceptional 2024-built 6 plex townhome development offers the rare combination of strong cash flow with a 5. 45% CAP RATE, premium construction, assumable CMHC financing & outstanding long-term appreciation potential in the rapidly growing community of Bowness.

Situated on a large 181' x 88' lot, this TURNKEY investment is FULLY LEASED and available for immediate possession, generating an impressive $218,388 in annual rental income. Even better, tenants pay their own utilities, helping keep operating costs low while maximizing returns. Unlike traditional apartment-style buildings, this development consists of 6 INDIVIDUAL TOWNHOMES with no basement suites and no units stacked above or below, providing tenants with greater privacy, quieter living and a true residential feel.

This unique design has resulted in consistently strong demand and full occupancy since completion. The property includes 5 two-bedroom townhomes, each offering approximately 1,322 sq. ft.

, plus 1 spacious three-bedroom townhome with approximately 2,046 sq. ft. Every home features 2.

5 bathrooms. The five two-bedroom units include a main-floor office/den, while the larger unit offers premium appliances, upgraded QUARTZ and a main-floor bedroom, creating flexible layouts that appeal to a wide range of tenants. Designed with quality and functionality in mind, every townhome showcases modern finishes and bright open-concept living spaces.

Beautiful kitchens seamlessly connect to the dining and living areas, creating the perfect setting for everyday living and entertaining. Features include durable luxury vinyl plank flooring, granite countertops, stainless steel appliances, full-height cabinetry, stylish tile backsplashes and spacious dining nooks. Each home also offers private decks off both the second and third floors, extending the living space outdoors.

Every unit includes its own ATTACHED GARAGE plus an additi onal driveway space, another feature that continues to attract quality long-term tenants. This project was approved through the CMHC MLI Select Program, and a qualified purchaser has the opportunity to assume the existing mortgage at an attractive 4. 9% interest rate (subject to lender approval), providing a significant financing advantage.

Located just minutes from downtown, the Bow River pathway system, parks, shopping, restaurants, Canada Olympic Park, the University of Calgary and Foothills Hospital, Bowness continues to be one of Calgary's most desirable and rapidly evolving communities. A fully occupied, purpose-built six-plex of this quality is an exceptionally rare offering. Whether you're expanding an investment portfolio or acquiring a premium income-producing asset, this outstanding property delivers immediate cash flow, exceptional tenant appeal and outstanding long-term value.

Property summary

MLS® number
A2334679
Property type
Multi-family
Building type
Multi-Family
Square footage
1,322 sq ft
Title
Freehold
Land size
832 square meters
Built in
2024
Annual property taxes
$18,486.00
Parking
11 spaces · Attached Garage, Attached Garage, Garage
Days on market
8 days

Features & details

Heating
Forced air, Natural gas
Basement
Finished, Full
Appliances
Refrigerator, Dishwasher, Stove, Microwave Range Hood Combo, Washer & Dryer
Lot features
Closet Organizers, No Smoking Home

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Real Broker, CALGARY.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.