1-8, 4523 73 Street NW
Calgary, Alberta
MLS® A2328567
$2,450,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- A2328567
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1974
1 / 28Listing description
Welcome to this 8 unit bi-level multi-family building for sell, an exceptional investment opportunity in the heart of Bowness, one of Calgary's fastest-transforming inner-city communities. Surrounded by newly developed multi-family projects, this well-maintained property offers excellent holding income today with outstanding redevelopment potential for the future. Situated on a 75' x 150' M-C1 zoned lot, the building features 8 rental units, including 2 three-bedroom units, 4 two-bedroom units, and 2 one-bedroom units, along with 8 rear parking stalls.
The property generates strong cash flow, making it an ideal long-term investment while you benefit from future land appreciation and redevelopment opportunities. Conveniently located within walking distance to schools, shopping, parks, and everyday amenities. Enjoy being just 10 minutes from WinSport, Farmer's Market, Bowness Park, and a wide variety of major retail and dining destinations, while downtown Calgary is only a 15-minute drive away.
Whether you're an investor looking for stable income, a developer seeking your next project, or a buyer wanting to secure land in a rapidly evolving neighbourhood, this is an opportunity you won't want to miss.
Property summary
- MLS® number
- A2328567
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 80,729 sq ft
- Land size
- 1045 square meters
- Built in
- 1974
- Annual property taxes
- $11,969.00
- Parking
- 8 spaces
- Days on market
- 66 days
Features & details
- Heating
- Forced air, Natural gas
- Exterior features
- Brick, Stucco
What would this home cost you?
Based on the $2,450,000 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 Homecare Realty Ltd., 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.