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Bowness - NW Calgary Real Estate


The Bowness community is bordered by Stoney Trail W to the west, the Bow River to the east, the Trans Canada Highway to the south and the Bow River again to the north. The community was founded in 1963, is currently undergoing redevelopment, and by 2012 had a population of just over 11k persons residing in 5,300+ residences. Prices of these residences range from $200,000 to over $2M.

Transit
Bus route 1 services the Bowness community.

Parks & Recreation
This community is fortunate to have within its borders Bowness Park, located on the Bow River. Though closed for repairs due to flooding the park is wonderful and offers cross-country skiing, fire pits, picnic areas, Bow River access, water fountains, washrooms, shelters, a playground and hiking/walking paths.

More testament to the well-rounded nature of this community is the location of the West Bowness Shopping Centre right within the community borders. It features a variety of shops, eateries and service providers.

Schools
● Belvedere Parkway Elementary
● Thomas B. Riley Junior High
● Bowness High

Houses of Worship
● Foothills United
● Foothills Mennonite
● Varsity Acres


Bowness - NW Calgary MLS® System Listings



4524 75 ST NW - MLS® # C4253298

4524 75 ST NW - MLS® # C4253298
  • Property Value $1,295,000
  • Living Area 6,912 sq ft.
  • Lot Size Area 11248.3 sqft
  • Type Multi Unit (Commercial)
  • Year Built 1972

Description

CONDO TITLED 7 UNIT COMPLEX......$185,000 A DOOR .....RISING RENTS, UNIT 1 JUST RENTED FOR $1,050/MO.....PRICE REDUCED BY $280,000.....$100,000 LESS THAN ASSESSMENT. All units are 2 bedroom, 2 level, with their own furnace, hot water tank washer and dryer, separate meters and separate entrance. 100% parking for 7 units. All self contained. Low expenses as no common areas. Always full with affordable rent ; current rent roll is $6,400/month, market rent is approx $7,350/mo. PERFECT FOR AN INVESTOR. Major developments such as Greenwich and Sunnyside. I hear REAL CANADIAN SUPERSTORE. Major upgrades to Bowness Park, Beaumont and Shouldice. Only 1/2 block to newly planned Bowness High School with its elite athlete program. Close to FOOTHILLS HOSPITAL AND the ALBERTA CHILDRENS' HOSPITAL. This is a large lot. Very low expenses: insurance $1,340, waste $1,260, taxes $9,324. income $76,800. Cap rate 4.7% with 3% vacancy and 3% maintenance, 5.1% with $995 rents. Improvements pay big dividends.

4524 75 ST NW, North West

Listing Provided By

RE/MAX REAL ESTATE (CENTRAL)

Last Updated

2020-02-16 16:11

Send us your questions about this property and we'll get back to you right away.

  • Security Code
4524 75 ST NW - MLS® # C4253298

Additional Property Photos

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** The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.

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