We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
7716 bowness Road NW
Buyer alert automation
Get matching homes sent on your schedule. This uses this home's city, style, bedroom count, and price band as the starting filter.
Choose alert settings, then sign in
Calgary · Multi-family · under $2,975,000. Alerts only send when there are new or meaningfully updated matching homes.
Alert speed
Send by
Watch for
Swipe through similar matches — tap the heart to save, or open one for the full read.
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)
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).
Cash on cash
-0.55%
Cap rate
4.76%
GRM
13.9
Break-even rent
$16,763
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
Approximation 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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 May 23, 2026.
Start with mosques, schools, halal restaurants, halal grocery, and transit. Toggle more categories when you want the fuller neighborhood picture.
3.8 km away
straight-line
4.7 km away
straight-line
5.5 km away
straight-line
Taj kabob - Afghan Street Food
40 Christie Park View SW #1140, Calgary, AB T3H 2Y7, Canada
4.6★ · 335 reviews
5.9 km away
straight-line
TEHRAN GROCERY
2120 Kensington Rd NW, Calgary, AB T2N 3R7, Canada
4.6★ · 103 reviews
7.4 km away
straight-line
7.6 km away
straight-line
Muslim Association of Canada - Calgary
6415 Ranchview Dr NW, Calgary, AB T3G 1B5, Canada
4.7★ · 35 reviews
3.1 km away
straight-line
3.1 km away
straight-line
3.1 km away
straight-line
Assumption Elementary JH School
7311 34 Ave NW, Calgary, AB T3B 1N5, Canada
780 m away
straight-line
3127 Bowwood Dr NW, Calgary, AB T3B 2E7, Canada
1.9 km away
straight-line
St. Vincent de Paul Elementary & Junior High
4525 49 St NW, Calgary, AB T3A 0K4, Canada
2.7 km away
straight-line
3.0 km away
straight-line
Dalhousie LRT Station NB
Calgary, AB T3A 2Z7, Canada
3.5★ · 15 reviews
3.2 km away
straight-line
Crowfoot LRT Station
Calgary, AB T3L 1M9, Canada
4.2★ · 259 reviews
3.8 km away
straight-line
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.