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$935,000

8312 47 Avenue NW

Bowness, Calgary, Alberta

2 bed·2 bath·Detached·MLS® A2303139·7d ago

About this home

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. (id:66681)

Property details

Bedrooms
2
Bathrooms
2
Half baths
1
Year built
1955
Property type
Residential
Building type
Bungalow
Appliances
Refrigerator, Range - Electric, Dishwasher
Nearby amenities
Fishing
Parking
Detached Garage (4)
Zoning
R-CG
Community
Bowness
MLS®
A2303139
Days on market
117

Location

Listing information last updated 7d ago. Provided by the listing brokeragevia CREA’s DDF®, deemed reliable but not guaranteed accurate.

Mortgage estimate

Estimate only — actual payments depend on your lender, credit, and closing costs. Uses Canadian semi-annual compounding, as required by law, not the US monthly-compounding convention most templates use.

Down payment

$187,000 (20%)

Base loan amount$748,000

$4,561 / month

First payment: $3,384 interest, $1,178 principal