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8547 47 Avenue NW
Beds
4
Baths
2
Sqft
943
Year
1970
Type
Single Family
On market
95d
Welcome to this beautifully updated duplex located in the highly desirable community of Bowness. Situated on a corner lot and just steps from the Bow River pathways and Bowness Park, this home offers the perfect combination of modern updates, functional living space, and an unbeatable location. The main level has been thoughtfully refreshed with brand new flooring, fresh paint, and a fully renovated kitchen, creating a bright and inviting living space. The stunning new kitchen features crisp white cabinetry, modern hardware, sleek countertops, stainless steel appliances, and stylish backsplash finishes. The adjacent dining and living areas are filled with natural light and provide a comfortable layout for both everyday living and entertaining. From the living room, step out onto the front balcony, the perfect place to enjoy your morning coffee. This level also offers two spacious bedrooms and a full bathroom, providing convenient single-level living if desired. The fully finished basement expands the living space with a large recreation area, two additional bedrooms, a second full bathroom, and a dedicated laundry area, making it ideal for families, guests, or a home office setup. Outside, the property offers a private backyard space along with a detached double garage, providing ample parking and storage. The corner lot adds additional privacy and curb appeal. Located in the heart of Bowness, this home is surrounded by some of Calgary’s best outdoor amenities. Enjoy walking or biking along the Bow River pathways, spending summer days at nearby Bowness Park, or taking advantage of the quick access west to the mountains. The property is also conveniently located close to schools, shopping, restaurants, and is directly across from the iconic Angel’s Drive-In, a beloved local landmark. With easy access to major routes, commuting to downtown Calgary is quick and convenient. Offering modern updates, a functional layout, and an incredible location, this home presents an e xcellent opportunity to enjoy everything Bowness has to offer. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.83 Ft x 4.92 Ft | |
| Bedroom | 13.83 Ft x 10.08 Ft | |
| Bedroom | 13.83 Ft x 8.25 Ft | |
| Recreational, Games room | 21.50 Ft x 18.83 Ft | |
| Storage | 2.67 Ft x 2.58 Ft | |
| Furnace | 11.33 Ft x 9.50 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.92 Ft x 5.50 Ft | |
| Bedroom | 12.00 Ft x 8.25 Ft | |
| Dining room | 11.50 Ft x 8.92 Ft | |
| Kitchen | 10.75 Ft x 9.92 Ft | |
| Living room | 12.00 Ft x 19.25 Ft | |
| Primary Bedroom | 12.00 Ft x 10.67 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
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
-2.46%
Cap rate
4.37%
GRM
14.4
Break-even rent
$3,116
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.
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 May 17, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.