Detached Property Sold in Bowness, Calgary at Xxxx Bow Crescent Nw

It's a rare opportunity to purchase 100ft frontage (almost 1/3 of an acre) on beautiful Bow Crescent. Amazing mature trees, 100ft x 127ft south rear-facing, corner lot. Two deeded separate lots are currently on one title. Current zoning is R-C1 but has the future potential to be re-zoned considering the "Main Streets" initiative...... Currently, there is a character one-and-a-half-story home on the property. Across the street are the Bow River properties backing onto the Bow River that are priced well over two million dollars making this an excellent redevelopment opportunity in the future! Several new homes are under construction in the immediate area and are selling for well over one & half million dollars on the non-riverside. This older, from the 1950s, story and half character is a classic house that has been recently renovated, as it features a full-height basement which has been fully renovated. This is an exciting opportunity to be a part of the gentrifying Bow River escarpment properties in a quiet enclave on Bow Crescent. Based on the information collected from the Surveyor, the new buyer might be able to build a minimum of 8 Row houses or more, depending on the city's approval. Both the floors are newly renovated, with new siding, furnace, plumbing, blinds, paint, kitchen, flooring, & new appliances. This property is currently tenants occupied. The main floor tenant recently moved out & they were paying $2500 plus 60% utilities and the basement tenant pays $1800 including utilities. It is a great investment opportunity.

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1 and Half Storey sold listing in Bowness, Calgary at Xxxx Bow Crescent Nw

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