8312 47 Avenue Nw, Calgary, Alberta T3B 1Z7

$935,000
2
BD
2
BA
1,292
SqFt

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List Price
$935,000
Status
ACTIVE
MLS® #
A2303139
Price Change
▼ $50,000 1781592020
Days on Market
200
Foreclosure
Yes
Year Built
1955
Style
Bungalow
Bedrooms
2
Total baths
2
Half baths
1
SqFt
1,292
Area
Calgary
Community
Bowness

Property Description

DEVELOPMENT PERMIT APPROVED | SAVE 12+ MONTHS OF CITY DELAYS. Turnkey "4+4" multi-family project in the high-demand, growth-centric community of Bowness. This premium 50’ x 120’ R-CG lot is fully primed for building permit and construction, offering an exceptional opportunity for builders and investors to bypass the bureaucratic bottleneck. The heavy lifting is 100% complete: Approved Development Permit (DP), engineered Development Site Servicing Plan (DSSP). The architectural plans showcase a highly rentable or highly salable modern project featuring 4 multi-storey townhomes layered over 4 legal lower suites each with a private entrance (8 doors total). Bowness continues to see aggressive revitalization, driven by its proximity to the Bow River, University of Calgary, the Alberta Children’s Hospital and Bowness Park. The property’s value is entirely in the land, DSSP engineering, architectural plans and active municipal approvals. Do not miss this rare opportunity to pipeline your crew for the construction season with a de-risked, building permit-ready project. Contact your agent today for the complete pro-forma and architectural package. Property sold strictly in as-is, where-is condition. Selling agent has a financial interest in the property.

Additional Information

Basement Desc
Full
Heating
Forced Air
Roof
Asphalt Shingle
Garage
Yes
Parking Desc
Driveway, Single Garage Detached
Parking Spaces
4
Acres
0.14

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Calculator source: Real Geeks

Courtesy of Sotheby's International Realty Canada.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: .