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Pemberton Holmes Ltd.

mihom.ca is operated by Dan Robbins, REALTOR®, Pemberton Holmes Ltd.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listing data via CREA's DDF®. about · terms of use · privacy · © 2026 mihom.

101, 7724 Bowness Road NW
homes for sale · Calgary · Bowness
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$219,900

101, 7724 Bowness Road NW

Bowness, Calgary · MLS® A2336100

211

782 sq ft · Condo · Single Family · built 2001 · 72 days on market

listed by Ken Richter, RE/MAX House of Real Estate

realtor's description

Welcome to a charming two-bedroom apartment condo in a quaint 10-unit complex! Envision living on the main floor (ground level) of this beautiful condominium with easy access to the exterior green space and very few stairway steps required to enter the unit. Stepping inside this cozy suite, you will find a bright, spacious living room with a lot of natural light and a beautiful gas fireplace in the corner. The kitchen has stainless steel appliances, plenty of cabinets and countertop space, and a raised breakfast bar. The spacious bedrooms are very cozy and have large windows for plenty of natural sunlight. Wonderful south-facing balcony with partial views of Canada Olympic Park! This home includes in-suite laundry. The unit is well-maintained and meticulously cared for. This complex includes assigned underground parking and a storage locker. The condo is pet-friendly upon approval. This 2 bedroom condo is the perfect investment opportunity for rental income, seniors, or first-time home buyers. This complex is situated in the perfect location due to its close proximity to the Bowness Community Association, the Bowness Library, Thomas B. Riley School, Our Lady of the Assumption School and Church, The Real Canadian Superstore, box stores at Trinity Shopping Centre, Bowcroft School, Belvedere Parkway School, and Foothills United Church. The neighbourhood has several green space areas and is near several off-leash dog parks, playgrounds, and walking paths such as Bowness Park, Bowmont Park and the Bow River. Additionally, it is only a short drive to the University of Calgary, the Foothills and Children's Hospitals, a short commute downtown, and offers easy access west to mountains! Priced for a quick sale! Hurry on this one!!

property details

type
Condo, Single Family
bedrooms
2
bathrooms
1
living area
782 sq ft
parking
1
year built
2001
property tax
$1,692 / yr
strata fee
$622 / mo ($0.80 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
72
MLS®
A2336100

features

  • No Smoking Home
  • Pets Allowed With Restrictions
  • Washer
  • Refrigerator
  • Dishwasher
  • Stove

monthly cost

$1,721/mo
Mortgage $958 · Tax $141 · Strata $622

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$958/ monthly
loan $175,920
25-year amortization
total interest
$111,505
land title fees
$500
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$44,480
down + land title fees
total paid
$287,425

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent
$1,840/mo
after all costs
−$64/mo
cap rate
4.9%
yearly net rent ÷ price

Costs: mortgage $958 · tax $141 · strata $622 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Calgary: CMHC's average there ($1,908) lowered by what new tenants pay against everyone in the Calgary area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca

location

Bowness, CalgaryGoogle Maps ↗

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Bowcroft School407 m
  • Middle · CBE Thomas B. Riley School652 m
  • Secondary · CBE Start Outreach273 m
  • Elementary · Catholic Our Lady of the Assumption School803 m
  • Secondary · Catholic St. Francis High School6.7 km

The nearest school isn't always the designated one, and Calgary's boards don't publish their boundaries as open data. Check this address with the CBE school finder or Calgary Catholic's. School locations: City of Calgary open data.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Ken Richter
RE/MAX House of Real Estate
call Ken · 403-630-6363
Powered by: REALTOR.ca
▶ virtual tour

similar homes nearby

city assessment

$254,500

2026 assessment · market value as of July 1, 2025

  • Down 4.0% from $265,000 in 2025
  • $172,500 in 2016 (48% over ten years)
  • Asking price is 14% below the assessment
  • Built 2001
  • Lot 685 m² (7,373 sq ft)
roll yearassessed
2026$254,500
2025$265,000
2024$198,000
2023$164,000
2022$150,500
2021$126,500
2020$133,500
2019$156,000

From City of Calgary open data (property assessments), matched to 101 7724 BOWNESS RD NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $1,692 a year

The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).

The listing shows $1,692 a year in property tax.

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.

location

Bowness, CalgaryGoogle Maps ↗
Drive times
  • Start Outreach1 min
  • Bowcroft2 min
  • Alberta Children's Hospital10 min
  • University of Calgary11 min
  • Downtown Calgary17 min
  • YYC airport29 min
66

Walkability 66/100 · Walkable: many errands on foot

Within a 10 minute walk: 4 places to eat or drink, 14 parks and playgrounds, 4 schools, 1 pharmacy, 22 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

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710, 8604 48 Avenue NW, Calgary, photo 8
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