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$1,900,000

8808 48 Avenue

Bowness, Calgary, Alberta

2 bed·2 bath·Detached·MLS® A2323863·1mo ago

About this home

Opportunities like this are exceedingly rare. Sprawling across a massive 100x196 foot lot, this exceptional 0.42-acre property features 100 feet of direct water frontage on the highly coveted Bowness lagoon. The lot itself is spectacular, beautifully framed by mature trees that offer an incredible sense of natural privacy right in the city. The original bungalow is nestled into a setting that holds unmatched future potential, and the property includes two storage sheds and a private dock. You can choose to work with the existing home or use this premier parcel of land to build a brand-new custom estate. Plus, for anyone looking for even more space, you have the rare opportunity to also purchase the property directly next door.The four-seasons lifestyle offered by this unique location is unmatched. Imagine stepping out onto your private dock to launch a kayak or paddle-board in the summer, or lacing up your skates to enjoy the lagoon in the winter, all while watching abundant local wildlife right outside your door. Despite its serene, nature-filled setting, you are steps from running and biking trails, the scenic Bow River pathways, and the cross-country skiing tracks at Bowness Park. You are also just a short drive from the Calgary Farmers’ Market West and excellent local dining. Whether you are looking to renovate, hold, or build new, this lagoon-front property holds a monumental opportunity. (id:66681)

Property details

Bedrooms
2
Bathrooms
2
Half baths
0
Year built
1918
Property type
Residential
Building type
Bungalow
Appliances
None, See remarks
Parking
Detached Garage (3)
Zoning
R-CG
Community
Bowness
MLS®
A2323863
Days on market
45

Location

Listing information last updated 1mo 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

$380,000 (20%)

Base loan amount$1,520,000

$9,269 / month

First payment: $6,876 interest, $2,393 principal