All photos · 27
1-8, 4523 73 Street NW
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.
- Listed
- Jul 12, 2026
- Property type
- Multi Family
- Year built
- 1974
- Parking total
- 8
- Heating
- Forced Air, Natural Gas
Pin placed at the coordinates supplied by the MLS® System.
Estimated monthly payment
$12,036
Down payment: $490,000 · Loan: $1,960,000
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
Homecare Realty Ltd. · Listing agent Parker Xiong
MLS®# A2328567 · Last modified 2026-08-12
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James Hughes, REALTOR® · CIR Realty