Active

MONTGOMERY

4503 Bowness Road Nw, Calgary, AB

$1,069,900

Residential · MLS® A2294480
3Bedrooms
1Bathrooms
666Sq Ft
2Garage
1951Year Built
02 / Overview

PROPERTY OVERVIEW

MU-1 f3.0 h16 | 50x120 FT CORNER LOT. This is your opportunity to shape the future of one of Calgary’s most dynamic inner-city corridors. Situated on a prominent corner along Bowness Rd NW, this 50x120 ft parcel offers exceptional potential for developers looking to capitalize on the city’s push for vibrant, walkable, mixed-use communities. With MU-1 f3.0 h16 zoning, the site offers the ideal balance of density, flexibility, & neighborhood integration, making it perfectly suited for a range of residential...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area666 sq ft
Lot Size5,995 sq ft
ZoningMU-1 f3.0h16
HeatingForced Air
CoolingNone
ParkingOff Street • Parking Pad
ExteriorOther
BasementFull
Year Built1951
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$3,402After mortgage & expenses
Cap Rate0.7%Based on market rents
Cash on Cash Return-19.1%With 20% down payment
Est. Monthly Rent$1,316Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MONTGOMERY

Moderate Investment
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Investment Score66/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Ross Pavl · eXp Realty