For Sale

3915, 73 Street NW, Alberta, Calgary

3 Beds 1 Bath 866 Sqft

$795,000

About Property

Seize a rare opportunity to invest in a lot with designs for a purpose-built multi-residential development in the dynamic and growing community of Bowness, Calgary. This project has been brought together by MCA Construction Group and comes with a fully approved and released Development Permit putting you on the fast track to construction and returns. These critical milestones significantly reduce development risk timelines. Additionally the DSSP and DP levies have been fully paid and the Building Permit drawings are complete and ready for submission. Strategically located, this investment property is positioned to attract strong tenant demand. It’s just 6 minutes from the tranquil Bowness Park, 8 minutes from Market Mall, and within a 10–14 minute commute to the University of Calgary, SAIT, Ambrose University, Alberta Children’s Hospital, and Foothills Medical Centre. This prime location ensures long-term rental stability and appeal. Spanning over 7,000 sq ft of total livable space, the project features eight thoughtfully designed units: four spacious 3-bedroom, 2.5-bathroom upper units and four 1-bedroom, 1-bath lower units. All units include in-suite laundry, with lower units also offering in-suite bike parking. These homes are tailored for the high-end rental market, combining modern design, functionality, and comfort to maximize tenant satisfaction and rental yield. Purchase the lot or purchase as a turnkey development with the potential to leverage CMHC Select Financing. All major approvals are in place and construction services are available through MCA Construction Group or opt to bring your own builder. This is a rare opportunity to invest in a brand-new, purpose-built multifamily project with minimal friction. Whether you're a seasoned investor or looking to expand your portfolio with a high-quality asset, this property represents a unique chance to capitalize on Calgary’s rental market with confidence. This is your opportunity to build in one of Calgary’s most promising up and coming neighborhoods.

3 Bedrooms
1 Bathrooms
866 sq ft
Garage
SingleFamilyResidence
Built 1956
Active
1 Floor
Interior Details
  • See Remarks
  • Soaking Tub
Outdoor Details
  • Playground
  • Private Entrance
MLS Number
241144634
Price
$795,000

Bedrooms
3
Bathroom
1

Square Footage
866 sq ft
Property Type
RES

Community Name
Features
High Efficiency, In Basement,Laundry Room

Parking Space Total
Lot Size
Bathroom Total
2
Bedrooms Total
3

Appliances
Unknown
Cooling Type
None

Constructed Date
1956
Heating Type
High Efficiency

Pool
Exterior Finish
Bungalow

Fireplace Present
No
Fireplace Total
0

Flooring Type
Carpet
Foundation Type
Poured Concrete

Half Bath Total
1
Stories Total
1

Size Interior
866
Total Finished Area
866
Spaces

Details
Single Garage Detached
LEVEL
TYPE
LENGTH
WIDTH
DIMENSIONS

Mr. Amandeep Budhail

Call Us

+1 (403) 470-3527

Website

https://www.crown-realty.ca

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