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Renanza Realty
For sale

8312 47 Avenue NW

Calgary, Alberta

MLS® A2303139

$935,000

Status
Active
Property type
House
MLS® number
A2303139
Bedrooms
2
Bathrooms
2
Year built
1955

Listing description

Attention Developers, Builders and Investors, this is an opportunity to purchase a DP Approved 4+4 development site 1 km from Bowness Park. The community blends historic small-town ambiance with active urban lifestyle. Bowness offers investors strong rental demand, among diverse housing options through community redevelopment.

The architectural design melds timeless traditional Brownstone style with modern living. The approved DP Plans feature four three-bedroom two-storey attached homes, each with lower-level units with separate entrances; back lane access to a four-car parking pad; and a detached storage garage to accommodate eight bicycles. Two exterior elevation options are provided to accommodate your investment cost objectives.

The Seller also includes: the required DSSP and the City of Calgary Development Levy. The Buyer to complete the Ready for Construction drawings and the associated engineering. An existing 1292 sqft bungalow, including basement development, has potential value as a holding property.

The Seller provides no warranty for any of the structures or components of the existing home and land. Buyer is required to do their own due diligence. The Pivot Development team is proud to offer this exceptional opportunity to all those looking to invest or live in the amenity-rich community of Bowness.

See listing supplements for brochure floorplans of the DP approved drawings.

Property summary

MLS® number
A2303139
Property type
Single Family
Building type
House
Square footage
1,292 sq ft
Title
Freehold
Land size
5991 square feet
Built in
1955
Annual property taxes
$3,111.78
Parking
4 spaces · Detached Garage
Days on market
141 days

Features & details

Heating
Forced air
Cooling
None
Basement
Finished, Full
Flooring
Hardwood, Laminate
Appliances
Refrigerator, Range - Electric, Dishwasher
Exterior features
Concrete, Stucco, See Remarks
Lot features
See remarks, Back lane, Level
Community features
Fishing
Architectural style
Bungalow

What would this home cost you?

Based on the $935,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,350 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

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

Listing courtesy of Sotheby's International Realty Canada, 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.