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Active
$1,025,000
4511 Bowness Road NW
Montgomery, Calgary
MLS® #A2338646
- 557 square meters
- Vacant Land
- ✓ Real Lot Size Listed
VACANT LAND | NO DEMOLITION REQUIRED | DEVELOPMENT OPPORTUNITY Exceptional development opportunity in one of Calgary’s up-and-coming communities! This 50’ x 120’ vacant parcel is zoned MU-1 F3.0 H16, offering excellent flexibility for a mixed-use project. The site slopes toward the rear lane and may accommodate up to 15 above-grade parking stalls, subject to design and City approval. A proposed development concept includes approximately 1,000 sq. ft. of main-floor commercial space, along with 14 residential units: 1 one-bedroom, 10 two-bedroom, and 3 three-bedroom units. The concept provides for a total of **15 residential/commercial units and 15 parking stalls. Located in a high-traffic area with excellent visibility and exposure, this property offers strong potential for both commercial and residential income. An outstanding opportunity for builders, developers, and investors looking to capitalize on Calgary’s continued growth. Amazing location, close to The River, U of C, Foothills Hospital, public transit, parks and shops! All proposed uses, unit counts, parking, and development plans are subject to City of Calgary approval. (id:66619)
Features
Lot
557 square meters
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
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Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
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Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.