50' x 125' CORNER LOT WITH R-CG ZONING! PERFECT LOCATION JUST MOMENTS TO AMENITIES!
This 50' x 125' R-CG zoned CORNER LOT offers a fantastic opportunity in the popular community of Bowness. Only a short walk away, Bowness Road offers many options for shopping, restaurants, and amenities. Local favourites include Salt & Pepper, Cadance Coffee, and Bow Cycle… to name a few!
For those seeking an investment opportunity, this property is an excellent option for a "buy and hold" strategy, currently generating approx $2,100* in monthly revenue. It is currently rented out until Dec 31 with the option to extend, offering a potential income stream while you start on plans for future development.
Long a hidden gem in Calgary's inner city, Bowness is currently seeing rapid redevelopment, including luxury single family infills as well as townhome projects. Located a mere 15 minutes via car and 30 mins via bike to downtown, Bowness is also mere steps away from the river pathway system. Nearby parks and amenities include Shouldice Park, Bowness Park, Alberta Children's Hospital, the Foothills Hospital, the University of Calgary, and WinSport. Bowness truly is a fantastic community for the outdoor-minded!
Whether you have immediate development plans or prefer a long-term approach, this property has great potential!
This property is NOT YET AVAILABLE ON MLS. Reach out today for more information!
Address
6435 Bow Crescent NW
Sold Date
09/11/2023
Type of Dwelling
Detached
Sub-Area
Bowness
Year Built
1956
Listing Brokerage
RE/MAX HOUSE OF REAL ESTATE