$2,750,000
7716 bowness Road NW
Beds
—
Baths
—
Sqft
8,800
Year
2009
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Opportunities like this don’t come up often. Welcome to a rare, well-maintained 8-unit townhouse complex in the highly sought-after community of Bowness — offering strong income potential, lower operating costs, and long-term upside.This condo-titled property is uniquely positioned with no common areas to maintain and no additional utility burdens, helping keep expenses low and returns strong. Built with durable stucco exterior and showcasing excellent curb appeal, this asset stands out from typical rental offerings.Inside, the units feature higher-quality finishes throughout, including granite countertops, stainless steel appliances, hardwood flooring, and rich stained cabinetry — a level of finish that attracts and retains quality tenants.The building offers a superior suite mix:6 spacious 2-bedroom units (approx. 850–1,300 sq ft)2 large 3-bedroom units (approx. 1,350 sq ft)Functional layouts with 1.5 to 2.5 bathrooms, appealing to a wide tenant baseTenants enjoy premium features rarely found in comparable properties, including a heated underground parkade (10 stalls) and a heated driveway — major value-adds during Calgary winters.Operationally, the property is optimized for efficiency with boiler heating and tenant-paid electricity, keeping ownership costs predictable and manageable.Location is everything — and this property delivers. Situated along Bowness Road, residents enjoy walking access to transit, shopping, restaurants, the public library, and the iconic Bowness Park. With a quick commute to downtown Calgary, it’s an ideal setup for both driving and non-driving tenants.Bonus upside: With separate titles, there’s future flexibility to sell units individually — or live in one unit while the others cover your expenses.This is a rare inner-city asset combining quality construction, strong tenant appeal, and long-term flexibility. **Seller financing may be considered *OAC.Contact your realtor today to explore this exceptional opportunity. (id:65958)
- Subtype
- Multi-family
- Structure
- Multi-Family
- Community
- Bowness
- Living area
- 8,800 square feet
- Parking
- 10 total
- On market
- Apr 9, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $19,292 (2025)
- Zoning
- MC-2
- Photos
- 47
- MLS#
- A2300520
- Area
- CALGARY_NW
Features and systems
Heating
Exterior
Construction
Cash on cash
-6.25%
Cap rate
3.62%
GRM
16.7
Break-even rent
$16,763
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.