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Calgary · Single Family · under $850,000 · 3+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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8518 33 Avenue NW
Architectural. Light-filled. Exceptionally versatile. Set in the heart of Bowness, this newly built semi-detached bungalow brings elevated modern design to one of northwest Calgary’s most connected and character-rich communities. With a striking exterior presence, dramatic roofline, and a rare legal two-bedroom lower suite, this home offers the kind of flexibility today’s buyers are searching for, whether for multi-generational living, long-term rental income, or a refined lock-and-leave lifestyle with added financial upside.Inside, the main level feels bright, polished, and beautifully composed. Vaulted ceilings create an immediate sense of volume, while oversized windows pull in natural light and give the home an airy, architectural feel. The open-concept living, dining, and kitchen area is designed with both everyday comfort and effortless entertaining in mind, anchored by clean contemporary finishes, sleek cabinetry, a gas range, premium appliances, and a thoughtful layout that maximizes function without sacrificing style. Two bedrooms on the main floor offer an ideal blend of privacy and practicality, including a serene primary retreat and a well-appointed secondary bedroom. A stylish full bathroom, powder room, main-level laundry, and dedicated mudroom add everyday convenience, while the warm modern palette keeps the entire home feeling fresh, elevated, and highly livable. The legal lower suite is a major standout. Designed with the same attention to detail as the main residence, it features two bedrooms, a full kitchen, private laundry, a bright living area, its own exterior walk-up entrance, and rare high ceilings that make the space feel open and inviting. A fireplace and private patio further elevate the suite, creating exceptional appeal for tenants, guests, or extended family. Outside, the private fenced yard, deck, patio, low-maintenance landscaping, back lane access, and detached double garage complete the package with both comfort and convenience. Bo wness continues to be one of Calgary’s most desirable lifestyle communities, loved for its access to the Bow River pathway system, Bowness Park, Shouldice Park, schools, shopping, local restaurants, and everyday amenities. With quick connections to Canada Olympic Park, downtown Calgary, and the mountains, this location delivers the perfect balance of urban access and west-side recreation. A rare opportunity to own a newly built Bowness infill with architectural impact, a legal suite, and exceptional lifestyle appeal. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 18.83 Ft x 12.50 Ft | |
| Kitchen | 6.92 Ft x 14.92 Ft | |
| Bedroom | 11.50 Ft x 9.83 Ft | |
| 4pc Bathroom | 4.83 Ft x 9.00 Ft | |
| Furnace | 8.42 Ft x 6.92 Ft | |
| Bedroom | 10.08 Ft x 14.25 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.42 Ft x 12.75 Ft | |
| Dining room | 8.83 Ft x 6.50 Ft | |
| Kitchen | 10.00 Ft x 15.50 Ft | |
| Other | 3.83 Ft x 12.17 Ft | |
| 2pc Bathroom | 6.33 Ft x 4.92 Ft | |
| Bedroom | 10.92 Ft x 13.17 Ft | |
| 4pc Bathroom | 9.50 Ft x 4.92 Ft | |
| Primary Bedroom | 13.58 Ft x 11.83 Ft |
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
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Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
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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
-1.02%
Cap rate
4.66%
GRM
13.9
Break-even rent
$4,814
Financing
Operating expenses (monthly)
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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 Jul 2, 2026.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
3.9 km away
6.7 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.