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2023 20 Avenue
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Beds
—
Baths
—
Sqft
3,433
Year
2007
Type
Other
On market
213d
MASSIVE PRICE REDUCTION! LIVE/WORK UNIT! Once-in-a-lifetime opportunity! Live, work, & create your dream lifestyle in the heart of Bowden! Welcome to this one-of-a-kind commercial property located right on Main Street in the charming, centrally located community of Bowden, Alberta. Perfectly positioned between Calgary & Red Deer & just off the QE2 Highway, this landmark property offers a balanced live/work lifestyle or dynamic investment with endless potential. Situated on 4 contiguous C1-zoned lots with 200’ of prime Main Street frontage, this versatile property combines small-town charm with big business opportunity. Extensive renovations over the past four years make it turnkey & ready to accommodate nearly any vision—outdoor markets, café, lounge, event venue, medical or professional offices, car lot, or creative studio. Designed for accessibility & flexibility, this property invites your entrepreneurial dreams to life. At its core is a beautifully updated residence (1920) & addition featuring 6 bedrooms, 2 baths, & an integrated storefront/office—the perfect live/work setup. The 125’x120’ lot includes the home, shop, & yard space. Recent upgrades: new metal roofing/siding, metal fencing, updated plumbing/electrical, new flooring, sidewalks, rubberized walkways, water softener/filtration system, & extensive cement work (sidewalks, parking pads, etc.).The front office connects seamlessly to the storefront with high ceilings & admin wicket, offering a customer-ready layout. 2 furnaces, a 60-gal. hot water tank, modern finishes, & a re-parged basement for extra storage ensure efficiency & comfort. The 2007 addition adds 5 separate rooms—ideal for private client sessions, offices, or extra living space. With vaulted ceilings, 4 skylights, & roughed-in in-floor heating, it’s perfect for owner-occupiers or staff accommodations.Outside, the 50’x120’ yard features mature landscaping, pear, apple, & cherry trees, providing a peaceful retreat.The heated 32’x44’ shop (2022 ) is fully finished with 220V, 2-10’x16’ overhead doors, 12’ ceilings, metal roof/siding, 2 automatic sliding gates, 2 large parking pads, & a new shed—ideal for workspace, storage, or deliveries.Adding charm & flexibility, the detached yoga studio (1940) & courtyard on 75’x120’ adjoining lot were fully renovated in 2023. The studio includes a half bath, electric baseboard heat, upgraded insulation, & a rear composite deck with gas hookup—perfect for workshops, wellness, or events. The fenced courtyard features new cement (2023), RV/market plug-ins, two new sheds, manual gates, & two parking pads with alley access—great for markets, weddings, or outdoor entertainment. Fully fenced with metal fencing, security system, Alexa-integrated smart features, & heat-traced eaves, the property is designed for comfort, safety, & low-maintenance living. Whether you’re an entrepreneur, investor, or someone seeking a lifestyle change, this remarkable property delivers unmatched versatility, exposure, & charm. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 9, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Bowden. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.