10 Suites - 4 - 1BR 6 - 2BR. Individual covered parking with a shared laundry room. All suites have either a balcony or a patio. Close to the University of Calgary, Foothills Hospital, Alberta Childrens Hospital and Market Mall. Exceptional investment opportunity in Calgary's Bowness community. This meticulously maintained property has undergone extensive interior and exterior upgrades/renovations, with virtually all major capital improvements completed. New high-efficiency boiler installed approximately 2025
New hot water tank
Fully updated suites, including flooring, paint, bathrooms, and light fixtures
Upgraded common areas with new flooring and paint
Exterior upgrades, including siding, eavestroughs, and downspouts
Extensive landscaping improvements,new patio, fencing, and outdoor picnic area
New intercom system providing secure building access
A rare opportunity to acquire an extensively renovated multifamily property in Calgary's established Bowness community. The Buyer must assume the existing mortgage - see SUPPLEMENTS for details.
Essential information
MLS® number
A2354653
Status
Active
Price
$2,250,000
Property type
Commercial
Type
Multi Family
Transaction
For Sale
Restrictions
None Known
Building area
11,852 sq ft
Lot size
6,975 sq ft
Year built
1983
Structure
Low Rise (2-4 stories)
Listing brokerage
Michael Fleming Realty Corp.
Source
Pillar 9™ MLS® System
Interior
Heating
Baseboard, Boiler, Natural Gas
Included
10 fridges, 10 stoves, all other kitchen appliances and window coverings owned by the Seller
Exterior and construction
Construction
Brick, Stucco
Roof
Asphalt Shingle
Foundation
Poured Concrete
Lot features
Back Lane, City Lot, Corner Lot, Near Public Transit, Street Lighting
Frontage
13.42M 44`0"
Zoning
M-C1
Parking
Total parking
10
Services
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer
Public Sewer
Water
Public
Community
City
Calgary
Province
AB
Postal code
T3B2M1
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Investment calculator
Cap rate, cash flow and the coverage ratio a commercial lender will look at first.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.
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16 photos$2,300,0007714 - 7716 Bowness Road NW, Calgary
