OPEN HOUSE SUNDAY, APRIL 19, 1PM – 4PM. An exceptional investment opportunity in the heart of Bowness, one of Calgary’s most desirable and evolving inner-city communities. This newly built 4 plex property is purposefully designed as a turnkey income-generating asset, featuring two bedroom basement legal suites and two highly rentable upper units.
The upper level units offer a well-designed, light-filled layout with modern finishes that appeal to quality tenants. Featuring two bedrooms, a full bathroom, and a powder room, along with a contemporary kitchen equipped with premium appliances, this space delivers both functionality and strong rental appeal.
The self-contained two-bedroom legal basement suites include private entrances, high ceilings, fireplaces, and its own outdoor patio—features that are rarely found in comparable properties and significantly enhance tenant demand and rental value. The thoughtful design and separation between units support consistent occupancy and ease of management.
Additional highlights include two detached double garages, providing added rental flexibility and potential for increased income. The property''s low-maintenance, new construction offers peace of mind with minimal capital expenditure in the near term.
Strategically located with quick access to downtown Calgary, major transit routes, parks, and recreational amenities, this property benefits from strong rental demand driven by both lifestyle and convenience. Proximity to Canada Olympic Park and the Bow River pathway system further enhances its long-term desirability.
Ideal for investors seeking stable cash flow, future appreciation, and a high-quality asset in a growing community. This is a rare opportunity to secure a modern, income-producing property in a prime location.
The upper level units offer a well-designed, light-filled layout with modern finishes that appeal to quality tenants. Featuring two bedrooms, a full bathroom, and a powder room, along with a contemporary kitchen equipped with premium appliances, this space delivers both functionality and strong rental appeal.
The self-contained two-bedroom legal basement suites include private entrances, high ceilings, fireplaces, and its own outdoor patio—features that are rarely found in comparable properties and significantly enhance tenant demand and rental value. The thoughtful design and separation between units support consistent occupancy and ease of management.
Additional highlights include two detached double garages, providing added rental flexibility and potential for increased income. The property''s low-maintenance, new construction offers peace of mind with minimal capital expenditure in the near term.
Strategically located with quick access to downtown Calgary, major transit routes, parks, and recreational amenities, this property benefits from strong rental demand driven by both lifestyle and convenience. Proximity to Canada Olympic Park and the Bow River pathway system further enhances its long-term desirability.
Ideal for investors seeking stable cash flow, future appreciation, and a high-quality asset in a growing community. This is a rare opportunity to secure a modern, income-producing property in a prime location.
Property Details
Price:
$1,600,000
MLS #:
A2303226
Status:
Active
Baths:
0
Type:
Multi Family
Subtype:
4 plex
Subdivision:
Bowness
Listed Date:
Apr 18, 2026
Finished Sq Ft:
1,882
Year Built:
2026
See this Listing
Schools
Interior
Appliances
Dishwasher, Garage Control(s), Gas Range, Microwave Hood Fan, Refrigerator, Washer/Dryer
Basement
Full
Laundry Features
In Basement, Main Level
Exterior
Exterior Features
Private Entrance, Private Yard
Lot Features
Back Yard, City Lot, Front Yard, Interior Lot, Landscaped, Private, Views
Parking Features
Quad or More Detached
Parking Total
4
Patio And Porch Features
Deck, Patio
Roof
Asphalt Shingle
Financial
Map
Community
- Address8518 & 8520 33 Avenue NW Calgary AB
- SubdivisionBowness
- CityCalgary
- CountyCalgary
- Zip CodeT3B 1M1
Subdivisions in Calgary
- Abbeydale
- Acadia
- Albert Park/Radisson Heights
- Alpine Park
- Altadore
- Ambleridge
- Applewood Park
- Arbour Lake
- Aspen Woods
- Auburn Bay
- Banff Trail
- Bankview
- Bayview
- Beddington Heights
- Bel-Aire
- Belmont
- Beltline
- Belvedere
- Bonavista Downs
- Bowness
- Braeside
- Brentwood
- Bridgeland/Riverside
- Bridlewood
- Britannia
- Burns Industrial
- Calgary International Airport
- Cambrian Heights
- Canyon Meadows
- Capitol Hill
- Carrington
- Castleridge
- Cedarbrae
- Chaparral
- Charleswood
- Chinatown
- Chinook Park
- Christie Park
- Citadel
- Cityscape
- Cliff Bungalow
- Coach Hill
- Collingwood
- Copperfield
- Coral Springs
- Cornerstone
- Cougar Ridge
- Country Hills
- Country Hills Village
- Coventry Hills
- Cranston
- Crescent Heights
- Crestmont
- Currie Barracks
- Dalhousie
- Deer Ridge
- Deer Run
- Deerfoot Business Centre
- Diamond Cove
- Discovery Ridge
- Douglasdale/Glen
- Dover
- Downtown Commercial Core
- Downtown East Village
- Downtown West End
- Eagle Ridge
- East Fairview Industrial
- East Shepard Industrial
- Eau Claire
- Edgemont
- Elbow Park
- Elboya
- Erin Woods
- Erlton
- Evanston
- Evergreen
- Fairview
- Fairview Industrial
- Falconridge
- Foothills
- Forest Heights
- Forest Lawn
- Forest Lawn Industrial
- Franklin
- Garrison Green
- Garrison Woods
- Glacier Ridge
- Glamorgan
- Glenbrook
- Glendale
- Golden Triangle
- Greenview
- Greenview Industrial Park
- Greenwood/Greenbriar
- Hamptons
- Harvest Hills
- Haskayne
- Hawkwood
- Haysboro
- Hidden Valley
- Highfield
- Highland Park
- Highwood
- Hillhurst
- Homestead
- Horizon
- Hotchkiss
- Hounsfield Heights/Briar Hill
- Huntington Hills
- Inglewood
- Kelvin Grove
- Killarney/Glengarry
- Kincora
- Kingsland
- Lake Bonavista
- Lakeview
- Legacy
- Lewisburg
- Lincoln Park
- Livingston
- Lower Mount Royal
- MacEwan Glen
- Mahogany
- Manchester
- Manchester Industrial
- Maple Ridge
- Marlborough
- Marlborough Park
- Martindale
- Mayfair
- Mayland
- Mayland Heights
- McCall
- McKenzie Lake
- McKenzie Towne
- Meadowlark Park
- Medicine Hill
- Meridian
- Midnapore
- Millrise
- Mission
- Monterey Park
- Montgomery
- Moraine
- Mount Pleasant
- New Brighton
- Nolan Hill
- North Airways
- North Glenmore Park
- North Haven
- Oakridge
- Ogden
- Osprey Hill
- Out of Area Calgary
- Palliser
- Panorama Hills
- Parkdale
- Parkhill
- Parkland
- Patterson
- Pegasus
- Penbrooke Meadows
- Pine Creek
- Pineridge
- Point McKay
- Pump Hill
- Queensland
- Ramsay
- Ranchlands
- Rangeview
- Red Carpet
- Redstone
- Renfrew
- Ricardo Ranch
- Richmond
- Rideau Park
- Riverbend
- Rocky Ridge
- Rosedale
- Rosemont
- Rosscarrock
- Roxboro
- Royal Oak
- Royal Vista
- Rundle
- Rutland Park
- Saddle Ridge
- Saddleridge Industrial
- Sage Hill
- Sandstone Valley
- Scarboro
- Scarboro/Sunalta West
- Scenic Acres
- Seton
- Shaganappi
- Shawnee Slopes
- Shawnessy
- Shepard Industrial
- Sherwood
- Signal Hill
- Silver Springs
- Silverado
- Skyline West
- Skyview Ranch
- Somerset
- South Airways
- South Calgary
- South Foothills
- Southview
- Southwood
- Springbank Hill
- Spruce Cliff
- St Andrews Heights
- Starfield
- Stoney 1
- Stoney 2
- Stoney 3
- Stoney 4
- Strathcona Park
- Sunalta
- Sundance
- Sunnyside
- Sunridge
- Taradale
- Temple
- Thorncliffe
- Tuscany
- Tuxedo Park
- University District
- University Heights
- University of Calgary
- Upper Mount Royal
- Valley Ridge
- Valleyfield
- Varsity
- Vista Heights
- Walden
- West Hillhurst
- West Springs
- Westgate
- Westwinds
- Whitehorn
- Wildwood
- Willow Park
- Windsor Park
- Winston Heights/Mountview
- Wolf Willow
- Woodbine
- Woodlands
- Yorkville
Market Summary
Current real estate data for Multi Family in Calgary as of Apr 19, 2026
30
Multi Family Listed
85
Avg DOM
631
Avg $ / SqFt
$2,825,270
Avg List Price
Property Summary
- Located in the Bowness subdivision, 8518 & 8520 33 Avenue NW Calgary AB is a Multi Family for sale in Calgary, AB, T3B 1M1. It is listed for $1,600,000 To schedule a showing of MLS#a2303226 at 8518 & 8520 33 Avenue NW in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .
Similar Listings Nearby
8518 & 8520 33 Avenue NW
Calgary, AB


