I have sold a property at 8331 Bowness ROAD NW in Calgary.
WOW! This property is a fantastic opportunity for any buyer in a community all about lifestyle - Bowness. Walk to the farmers market, Bowness Park, local grocer, and other amenities; or take a short bike ride to COP for outdoor fun! You're also close to transit and a short ride to downtown, SAIT, U of C, and hospitals, or take a short trip west to visit the Rocky Mountains.
Imagine purchasing a home where you can:
(1) LIVE in a renovated bungalow with large yard and fully developed basement;
(2) RENT the property as-is for income from the main floor or illegal suite in the basement, OR BOTH;
(3) BUILD a multi-family development under the current MC-1 zoning (Any future development is subject to approval and permitting by the city/municipality).
The main floor of the home features 2 bedrooms, kitchen, large living room, plus a 3-piece bath. The basement boasts a well designed 2-bedroom illegal suite with full kitchen and bathroom, including egress windows. The house was completely renovated in 2012 with City building permits, including new high efficiency furnace and water tank, air sealing the exterior walls, extra 12 inches of insulation in the attic, upgraded electrical wiring with separate panels for main floor and basement, and new drainpipes. Did we mention new energy efficient windows, including a triple pane front window that keeps things cozy and quiet? Since then, the property has been well maintained including new paint throughout and full duct cleaning in 2020. You have to see it to believe it!
The large yard is easy to maintain featuring full fencing, large patio and shed with power. Soak in the sun in your SW facing yard!
There is a 3-car driveway in the front of the property as well as a 2-car parking pad in the rear offering plenty of parking and defined spaces if you have tenants. You'll also appreciate laundry and utility access that is separate from the main floor and illegal suite, allowing safe and secure access for all and convenient access for maintenance. The main floor and illegal suite have previously rented for $1050/month each for a total of $2100/month income.