Property Details

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3915 73 Street NW
Calgary (A2263661)

$798,800
3
1+1
866 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Seize a rare opportunity to invest in a purpose-built multi-residential development in the dynamic and growing community of Bowness, Calgary. This project—meticulously designed by MCA Construction Group—comes with a fully approved Development Permit with the Building Permit underway, putting you on the fast track to construction and returns. This critical milestone significantly reduces development risk and accelerates your timeline to completion. Additionally the DP levy has been fully paid. Strategically located, this investment property is positioned to attract strong tenant demand. It’s just 6 minutes from the tranquil Bowness Park, 8 minutes from Market Mall, and within a 10–14 minute commute to the University of Calgary, SAIT, Ambrose University, Alberta Children’s Hospital, and Foothills Medical Centre. This prime location ensures long-term rental stability and appeal. Spanning nearly 9,000 sq ft of livable space, the project features eight thoughtfully designed units: Four spacious 3-bedroom, 2.5-bathroom upper units (1,533 sq ft each) and Four well-appointed 1-bedroom, 1-bath lower units (680 sq ft each) All units include in-suite laundry, with lower units also offering in-suite bike parking. These homes are tailored for the high-end rental market, combining modern design, functionality, and comfort to maximize tenant satisfaction and rental yield. This is a turnkey development opportunity with the potential to leverage CMHC Select Financing. With all major approvals in place and construction services available through MCA Construction Group, this is a rare opportunity to invest in a brand-new, purpose-built multifamily project with minimal friction. Whether you're a seasoned investor or looking to expand your portfolio with a high-quality asset, this property represents a unique chance to capitalize on Calgary’s rental market with confidence. With key approvals already in place, the path to construction and income is clear—this is your opportunity to build in one of Calgary’s most promising neighborhoods.

Property details

Basic Info

MLS® #
A2263661
Property Type:
Residential
Subtype:
Detached
Subdivision:
Bowness
Price
$798,800
Sale/Lease:
For Sale
Size:
866 sq.ft.
Bedrooms:
3
Bathrooms:
1 full / 1 half
Year Built:
1956 (69 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
Yes
Parking:
Single Garage Detached
Fence:
Fenced
Basement:
Finished, Full
Features:
See Remarks, Soaking Tub
Inclusions:
None
Appliances:
None
Laundry:
In Basement, Laundry Room
Exterior Features:
Playground, Private Entrance
Patio/Porch Features:
Deck

Neighborhood Info

Nearby Amenities:
Park, Playground, Schools Nearby, Shopping Nearby

Lot / Land Info

Lot Size:
0.01 acres
Lot Features:
Back Lane, Back Yard, Cul-De-Sac
Zoning:
R-CG

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Unknown
Floors:
Carpet
Foundation:
Poured Concrete
Heating:
High Efficiency
Cooling:
None
Amenities:
Park, Playground, Schools Nearby, Shopping Nearby

Listing Info

Possession:
Immediate,Negotiable
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Grassroots Realty Group Ltd.
1-833-477-6687

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