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$700,000

6127 33 Avenue NW

Bowness, Calgary, Alberta

4 bed·2 bath·Detached·MLS® A2335311·2d ago

About this home

Prime Bowness Development Opportunity | R-CG Zoned | Offered with 6131A rare opportunity to acquire an R-CG zoned 50' x 120' lot on a quiet street in one of Bowness' most desirable locations. While offered as an individual property, the seller is offering 6127 in conjunction with the neighbouring property at 6131, creating an exceptional two-lot development opportunity for a builder or investor seeking greater scale and flexibility.The existing home is currently tenant occupied, providing holding income while development plans take shape. The property also features a separate entrance basement suite, creating additional rental flexibility and income potential during the holding period.Located in a highly desirable pocket of Bowness, the property offers excellent access to parks, schools, the Bow River pathway system, Bowness Park, and a growing collection of local shops and amenities. Ample street parking is an added convenience for tenants, visitors, and future construction activity alike.For the right buyer, the opportunity extends beyond the individual property. Acquiring 6127 together with 6131 creates two adjoining 50' x 120' R-CG lots, offering an attractive redevelopment opportunity in an established and increasingly sought-after community.An excellent property to hold today, with the potential to become part of a much larger opportunity tomorrow. (id:66681)

Property details

Bedrooms
4
Bathrooms
2
Half baths
0
Year built
1946
Property type
Residential
Building type
Bungalow
Appliances
See remarks
Parking
Detached Garage (2)
Zoning
R-CG
Community
Bowness
MLS®
A2335311
Days on market
2

Location

Listing information last updated 2d 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

$140,000 (20%)

Base loan amount$560,000

$3,415 / month

First payment: $2,533 interest, $882 principal