realtor's description

Land Opportunity in the heart of Bowness! MC-1 land use with a generous size of 22500SF. Located near shopping, parks and schools, conveniently just off Bowness road. Prime location for residential low rise development in this family friendly and desirable community.

property details

type: Land, Vacant Land
lot: 2,090 m²
parking: 0
property tax: $8,714 / yr
days on market: 327
MLS®: A2273613

city assessment

$1,590,000

2026 assessment · market value as of July 1, 2025

Up 12.8% from $1,410,000 in 2025
$1,150,000 in 2016 (38% over ten years)
Asking price is 54% above the assessment
Lot 2,090 m² (22,495 sq ft)

roll year	assessed
2026	$1,590,000
2025	$1,410,000
2024	$1,390,000
2023	$1,210,000
2022	$857,000
2021	$927,000
2020	$978,500
2019	$1,060,000

From City of Calgary open data (property assessments), matched to 4320 75 ST 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 $10,573 a year

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

The listing shows $8,714 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.

monthly cost

$11,401/mo

Mortgage $10,674 · Tax $726

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

estimated payment

$10,674/ monthly

loan $1,960,000

25-year amortization

down payment20% · $490,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,242,325
land title fees: $4,510; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $494,510; down + land title fees
total paid: $3,202,325

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

location

Bowness, CalgaryGoogle Maps ↗

location

Bowness, CalgaryGoogle Maps ↗

schools

Nearest public (CBE) and Catholic schools, by distance

Elementary · CBE Bowcroft School435 m
Middle · CBE Thomas B. Riley School637 m
Secondary · CBE Start Outreach378 m
Elementary · Catholic Our Lady of the Assumption School892 m
Secondary · Catholic St. Francis High School6.6 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.

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