8312 47 Avenue NW

Attention Developers, Builders and Investors, this is an opportunity to purchase a DP Approved 4+4 development site 1 km from Bowness Park. The community blends historic small-town ambiance with active urban lifestyle. Bowness offers investors strong rental demand, among diverse housing options through community redevelopment. The architectural design melds timeless traditional Brownstone style with modern living. The approved DP Plans feature four three-bedroom two-storey attached homes, each with lower-level units with separate entrances; back lane access to a four-car parking pad; and a detached storage garage to accommodate eight bicycles. Two exterior elevation options are provided to accommodate your investment cost objectives.The Seller also includes: the required DSSP and the City of Calgary Development Levy. The Buyer to complete the Ready for Construction drawings and the associated engineering. An existing 1292 sqft bungalow, including basement development, has potential value as a holding property. The Seller provides no warranty for any of the structures or components of the existing home and land. Buyer is required to do their own due diligence. The Pivot Development team is proud to offer this exceptional opportunity to all those looking to invest or live in the amenity-rich community of Bowness. See listing supplements for brochure floorplans of the DP approved drawings.

type

House, Single Family

bedrooms

2

bathrooms

2

living area

1,292 sq ft

lot

5,991 sq ft

parking

4

year built

1955

property tax

$3,112 / yr

days on market

180