Investment opportunity in Bowness: 70 x 120 ft. lot ready for redevelopment!! This 72.5 x 120 ft. (approx. 8,700 sq. ft.) lot in a quiet pocket of Bowness, offering multiple redevelopment options. The property is well-suited for a new multi-family project, a full teardown, or subdivision, with dimensions that allow for flexibility in future planning. The lot is zoned R-CG, is flat and has no powerlines! Based on its size, this lot could potentially support five dwellings with five secondary suites (subject to municipal approval and permitting). Alternatively, subdivision could create two 35 x 120 ft. parcels for larger detached homes. Bowness provides strong long-term growth potential while maintaining everyday convenience. The community offers access to the Bow River pathways, Bowness Park, Canada Olympic Park (WinSport COP), and the Northwest Farmers Market. The location also connects easily to shopping, dining, schools, parks, transit, Foothills Hospital, the University of Calgary, and major roadways leading downtown or west to the mountains. The existing 3-bedroom bungalow is currently owner-occupied, with the option of a rent-back arrangement to generate holding income while development plans are finalized. Redevelopment sites of this size in established inner-city communities are limited, making this property a practical choice for investors and developers evaluating opportunities in Calgary’s northwest.
Property Details
Price:
$799,000
MLS #:
A2248370
Status:
Active
Beds:
3
Baths:
1
Address:
7827 33 Avenue NW
Type:
Single Family
Subtype:
Detached
Subdivision:
Bowness
City:
Calgary
Listed Date:
Aug 21, 2025
Province:
AB
Finished Sq Ft:
1,634
Postal Code:
313
Lot Size:
8,697 sqft / 0.20 acres (approx)
Year Built:
1971
See this Listing
Rob Johnstone is a trusted Calgary Realtor with over 30 years of real estate experience. He has evaluated thousands of properties and is a recognized expert in Calgary home and condo sales. Rob offers accurate home evaluations either by email or through in-person appointments. Both options are free and come with no obligation. His focus is to provide honest advice and professional insight, helping Calgary homeowners make confident decisions when it’s time to sell their property.
More About RobMortgage Calculator
Schools
Interior
Appliances
Dishwasher, Dryer, Electric Stove, Range Hood, Refrigerator, Washer, Window Coverings
Basement
None
Bathrooms Full
1
Laundry Features
Main Level
Exterior
Exterior Features
Private Yard
Lot Features
Back Lane, Back Yard
Parking Features
Double Garage Detached
Parking Total
4
Patio And Porch Features
Front Porch
Roof
Asphalt Shingle
Financial
Map
Community
- Address7827 33 Avenue NW Calgary AB
- SubdivisionBowness
- CityCalgary
- CountyCalgary
- Zip CodeT3B 1L3
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7827 33 Avenue NW
Calgary, AB
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