8312 47 Nw Avenue, Calgary, Alberta T3B 1Z7
$935,000
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About This Property
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 immediate 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), and the municipal levy pre-paid by the seller. 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. Value is entirely in the land, engineering, and active 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. Building is currently vacant and requires a certified building inspection if intended as a holding property. Selling agent has a financial interest in the property.
Essential Information
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Listing Details
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MLS® Number: A2303139
Listing Brokerage: Sotheby's International Realty Canada
Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
Monthly Payment Estimate
~$3,896/mo
Based on 20% down, 5.5% interest rate, 25-year amortization
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