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8932 33 Avenue NW
Bowness Calgary T3B 1B8

$950,000
Multi-Family 1,455 sq. ft. built: 1958

Main Photo: 8932 33 Avenue NW | Calgary | Full Duplex for sale
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Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2150259
Year Built:
1958
ATTENTION INVESTORS! Discover an exceptional opportunity to own a revenue property in the vibrant inner-city community of Bowness, Calgary. This well-maintained side-by-side duplex sits on an expansive 72'x120' south-facing lot, perfect for future redevelopment. With its prime location, just a short stroll to Bowness Park and situated below Canada Olympic Park (COP), this property is a tenant's dream. Property 8934 features 2 bedrooms upstairs and 2 bedrooms downstairs with 1 bathroom, while property 8932 offers 2 bedrooms, 1 bathroom, and a fully developed basement. Both units share a double detached garage, providing convenience and added value for tenants. The location boasts walking distance to schools, public transportation, parks, walking paths, Market Mall, COP, University of Calgary, Foothills Medical Centre, and the Alberta Children's Hospital, with quick access to downtown via car or bus. Currently, 8932 collects $1650/month and 8934 collects $1550/month, both on month-to-month tenancies with rents below market value, presenting an immediate opportunity for rent adjustments. This property offers a perfect blend of stability and potential for growth, making it an ideal investment for savvy buyers looking to capitalize on Calgary's dynamic rental market. Don't miss out on this incredible opportunity to own a prime revenue property in one of Calgary's most sought-after neighborhoods! For more details or to schedule a viewing, contact us today.
Property Type:
Multi-Family
Property Sub Type:
Full Duplex
Transaction Type:
For Sale
Home Style:
Side by Side
Total Living Area:
1,455 sq. ft.
Lot Area:
8,395 sq. ft.
Year built:
1958 (Age: 66)
Bathrooms:
- (Full:-, Half:-)
Plan:
3023GJ
Structure Type:
Duplex
Ensuite:
No
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Bowness
Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer
N/A
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
R-C1
Listed Date:
Jul 22, 2024
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Listed by Real Estate Professionals Inc.
Data was last updated October 29, 2024 at 10:05 PM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$1,323,944
Min list price:
$875,000
Max list price:
$4,280,000
Avg days on market:
45
Min days on market:
1
Max days on market:
177
Avg price per sq.ft.:
$579.48
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Jerry Charlton

Bowness Calgary FAQs

What is the history of Bowness, Calgary?

Bowness, nestled along the scenic Bow River, boasts a rich history dating back to its origins as a small town established in 1911. Originally developed by John Hextall as a residential suburb connected to Calgary by a streetcar, it was a standalone town until 1964 before being annexed by Calgary. Bowness Park, one of the city’s most beloved recreational spots, is a lasting testament to the community's historical charm and serves as a popular gathering place for both residents and visitors.

What types of homes can be found in Bowness?

Bowness offers a diverse range of housing options, reflecting its vibrant community spirit. Potential homebuyers can find everything from charming mid-century bungalows and cottages to modern townhouses and large, new construction homes with riverfront views. This variety makes Bowness an ideal choice for individuals and families at different stages of life, looking for a blend of classic charm and contemporary living.

What are the educational opportunities in Bowness?

Bowness is served by several public and Catholic schools, providing quality educational options for families. Notable institutions include Bowness High School, Belvedere Parkway Elementary, and Our Lady of the Assumption School, each known for their commitment to fostering academic excellence and community involvement among students.

What amenities can residents enjoy in Bowness?

Residents of Bowness enjoy access to an array of amenities that enhance the quality of life in the area. Bowness Park is a community centerpiece, offering boating, picnicking, and skating in winter, while Shouldice Athletic Park provides facilities for various sports. The community also features local shops, restaurants, and cafes, contributing to its vibrant, close-knit atmosphere.

How does Bowness cater to outdoor enthusiasts?

Bowness is a haven for outdoor enthusiasts, boasting direct access to Bowness Park and its multitude of recreational activities including biking, walking paths, and the seasonal lagoon for boating and ice skating. The proximity to Canada Olympic Park and the Bow River also provides ample opportunities for more adventurous activities like mountain biking, skiing, and fishing.

What are the best dining options in Bowness?

Bowness features a variety of dining options that cater to all tastes. From the casual ambiance of the historic Bowness Pub to the refined dishes offered at Seasons of Bowness Park, residents and visitors can enjoy a range of culinary experiences. The community also hosts several cafes and diners that offer cozy spots for breakfast and lunch.

What community events are unique to Bowness?

Bowness is known for its tight-knit community vibe, highlighted by events that bring residents together. The annual "Tour de Bowness" cycling race and street festival is a local highlight, offering a day of fun and competition that is eagerly anticipated each year. The community also celebrates winter with the "Bowness WinterFest," a festival that features ice sculptures, sleigh rides, and winter sports activities.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.