Bowness - NW Calgary Real Estate
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.
● 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® # C4303199
- Property Value $1,150,000
- Living Area 6,912 sq ft.
- Type Multi Family (Commercial)
- Year Built 1972
MAJOR PRICE REDUCTION of $445,000. . . . $151,000 LESS THAN ASSESSMENT. . . . .7 UNIT TOWNHOUSE COMPLEX strata titled with 7 individual titles. Record LOW interest rates. UPSIDE TO RISING RENTS. Unit 1 rented for $1.050/month. Now asking $1,195/mo for unit 4. All units are 2 bedrooms, 2 level, with their own furnace, hot water tank, washer and dryer, separate meters and separate entrance. 100% parking for 7 units. All units are self contained. Low expenses as no common areas. Always full as affordable rents. Current rent roll is $6,685/month or $80,220 annually. Very low expenses: insurance $1,844, waste $1,260, taxes $9,783, CAP RATE 5.4% with 3% vacancy and 3% maintenance. PERFECT FOR AN INVESTOR. Major developments including Greenwich and Real Canadian Superstore. 1/2 block to newly purposed Bowness High School with its elite athletes program. MAJOR upgrades to Bowness, Beaumont and Shouldice PARKS. Close to FOOTHILLS HOSPITAL and the ALBERTA CHILDRENS' HOSPITAL. Large lot. QUICK CLOSING for an ASTUTE INVESTOR.
4524 75 ST NW, Calgary
Listing Provided By
RE/MAX REAL ESTATE (CENTRAL)
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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®.