6110 Bowwood Drive NW
Calgary, Alberta
MLS® A2334679
$3,395,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- A2334679
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 2024
1 / 48Listing 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. 61% 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 & 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 & 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. + ALL UNITS have AC!
Every home features 2. 5 bathrooms. The 2 bedroom units include a main-floor office/den, while the larger unit offers premium appliances, upgraded QUARTZ & a main-floor bedroom, creating flexible layouts that appeal to a wide range of tenants.
Every townhome showcases modern finishes QUARTZ counters 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 additional driveway space, anoth er feature that continues to attract quality long-term tenants. As an added bonus electrical services have been upgraded and all units can accomodate EV chargers!
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 6 -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. RMS measurements taken from builder plans.
Property summary
- MLS® number
- A2334679
- Property type
- Multi-family
- Building type
- Multi-Family
- Size
- 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
- 53 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
What would this home cost you?
Based on the $3,395,000 asking price at a 5.00% example rate, semi-annual compounding.
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.