4647 79 Street NW

Bowness, Calgary · MLS® A2347453

574 m² lot · Land · Vacant Land · 32 days on market

listed by Mohiz Ilyas, LPT Realty

realtor's description

ATTENTION BUILDERS AND INVESTORS! 50' x 123' lot with a conditionally approved DP for a 4-plex (4 + 4 legal basement suites). The house has been demolished, and the asbestos removal has been completed. DSSP, off-site levy has been paid. The current zoning allows for a 4-plex with basement suites. The lot is surrounded by new builds, faces a park, and is located directly across from Bowness High School. A great opportunity for builders looking for a development-ready site in Bowness.

property details

type: Land, Vacant Land
lot: 574 m²
parking: 0
property tax: $3,537 / yr
days on market: 32
MLS®: A2347453

city assessment

$532,000

2026 assessment · market value as of July 1, 2025

Up 7.5% from $495,000 in 2025
$381,500 in 2016 (39% over ten years)
Asking price is 65% above the assessment
Built 1958
Lot 574 m² (6,176 sq ft)

roll year	assessed
2026	$532,000
2025	$495,000
2024	$412,000
2023	$375,000
2022	$337,500
2021	$324,000
2020	$344,500
2019	$358,500

From City of Calgary open data (property assessments), matched to 4647 79 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 $3,538 a year

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

The listing shows $3,537 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

$4,111/mo

Mortgage $3,817 · Tax $295

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

estimated payment

$3,817/ monthly

loan $700,799

25-year amortization

down payment20% · $175,20020%+ 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: $444,194
land title fees: $1,685; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $176,885; down + land title fees
total paid: $1,144,993

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 ↗

schools

Nearest public (CBE) and Catholic schools, by distance

Elementary · CBE Belvedere Parkway School628 m
Middle · CBE Thomas B. Riley School1.2 km
Secondary · CBE Bowness High School175 m
Elementary · Catholic Our Lady of the Assumption School1.4 km
Secondary · Catholic St. Francis High School7.1 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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