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$2,450,000

1-8, 4523 73 Street NW

Bowness · Calgary · Multi-Family · MLS® A2328567

built 197411,248 sq ft lot

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About this property

Welcome to this 8 unit bi-level multi-family building for sell, an exceptional investment opportunity in the heart of Bowness, one of Calgary's fastest-transforming inner-city communities. Surrounded by newly developed multi-family projects, this well-maintained property offers excellent holding income today with outstanding redevelopment potential for the future.Situated on a 75' x 150' m-c1 zoned lot, the building features 8 rental units, including 2 three-bedroom units, 4 two-bedroom units, and 2 one-bedroom units, along with 8 rear parking stalls. The property generates strong cash flow, making it an ideal long-term investment while you benefit from future land appreciation and redevelopment opportunities.Conveniently located within walking distance to schools, shopping, parks, and everyday amenities. Enjoy being just 10 minutes from WinSport, Farmer's Market, Bowness Park, and a wide variety of major retail and dining destinations, while Downtown Calgary is only a 15-minute drive away.Whether you're an investor looking for stable income, a developer seeking your next project, or a buyer wanting to secure land in a rapidly evolving neighbourhood, this is an opportunity you won't want to miss.

Market context

This record covers a multi-unit project, so the floor area in the feed is the total across every unit. We do not publish a $/sq ft for it — the number would be meaningless.

A cohort median is not a valuation of this home. It says where the asking price sits against comparable sales — it does not price the lot, the finish level or the stage of construction.

Loads from the listing brokerage's tour provider

The full record

MLS® number
A2328567
Property type
Multi-Family
Building type
Multi-Family
Year built
1974
Lot area
11,248 sq ft
Frontage
75.2 ft
Depth
150.2 ft
$ per sq ft of lot
$218
Zoning
M-C1
Construction
Wood frame
Exterior finish
Brick, Stucco
Heating
Forced air · Natural gas
Parking
· 8 spaces
Legal plan
7227GQ
Listed on
2026-07-12
Days on market
96

Listing courtesy of Homecare Realty Ltd. · Parker Xiong. Data from the CREA Data Distribution Facility (DDF®), refreshed 2026-10-16 09:37, deemed reliable but not guaranteed. View on REALTOR.ca

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Where it is

1-8, 4523 73 Street NW, Bowness. The pin is the address on the MLS® record; nothing on this map is a view from the property.

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$2,450,000 · 1-8, 4523 73 Street NW Request a private showing