Investor Alert! Prime Development Opportunity. This exceptional property presents a rare opportunity to secure a high-yield asset in one of Calgary’s most desirable and rapidly growing communities. With a Development Permit underway for a 4-plex, each unit thoughtfully designed with its own legal basement suite, this property is ideal for the savvy investor looking for a project to build equity, generate strong rental income, diversify their real estate portfolio or to build and sell.
Situated just minutes from local schools, the new Calgary Farmers’ Market, and premier recreational destinations including Canada Olympic Park and Bowness Park, this location offers lifestyle appeal for tenants and future homeowners alike. Whether it’s skating in the winter, paddling on the pond in the summer, exploring nearby trails year-round or enjoying a meal at the farmers market, this neighborhood combines urban convenience with outdoor charm.
The existing lot is primed for transformation and surrounded by a mix of newly developed infill properties and established homes, reflecting the area’s ongoing revitalization and long-term value growth. Whether you choose to build or to buy this property, you're securing a foothold in one of Calgary’s most promising neighborhoods—with strong upside potential, rental income opportunities, and lasting community value.
Don’t miss your chance to capitalize on this unique opportunity. Reach out for more information on Development permit.
Address
8319 44 Avenue NW
List Price
$599,000
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Area
Calgary NW
Sub-Area
Bowness
Bedrooms
5
Bathrooms
3
Floor Area
909 Sq. Ft.
Lot Size
5995 Sq. Ft.
Year Built
1957
MLS® Number
A2216792
Listing Brokerage
RE/MAX Realty Professionals
Basement Area
Separate/Exterior Entry, Finished, Full
Postal Code
T3B 1Y1
Zoning
R-CG
Site Influences
Rectangular Lot, Front Yard, Level, Back Yard, Landscaped, Low Maintenance Landscape, Many Trees, Playground, Sidewalks, Street Lights, Park, Pool, Back Lane, Schools Nearby, Shopping Nearby, Walking/Bike Paths