#1 8 4523 73 Street NW, Calgary, Alberta, T3B2M3

#1 8 4523 73 Street NW, Calgary, Alberta, T3B2M3

$2,450,000
$2,450,000

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A2328567
MLS Number

0.26
Lot sqft

1974
Year Built

Property Description

Welcome to 4523 73 Street NW, an exceptional multi-family 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.