Discover this exceptional investment opportunity in the sought-after community of Rosscarrock. This turn-key, renovated 6-plex features a versatile unit mix: 1 x 3-bedroom, 1 x 2-bedroom, and 4 x 1-bedroom units. Each unit is individually sub-metered for electricity, with tenants responsible for their own utility costs.
Key updates include:
- Hot water tank (replaced in 2021)
- Newer roof (approximately 8 years old)
- Well-maintained original boiler
Conveniently located minutes from Westbrook Mall and the Westbrook underground LRT station, this property offers tenants seamless access to downtown Calgary and nearby amenities.
Situated on a 6,239 sq. ft. rectangular lot (50 ft x 125 ft) zoned MC-1, the property is surrounded by higher-density developments. According to the City of Calgary’s Westbrook Communities Local Area Plan, the lot is designated as “Neighbourhood Flex” Urban Form with a “Low” Building Scale, presenting potential for future development of up to 6 storeys (subject to development approval).
Whether you’re looking for a buy-and-hold opportunity or considering a redevelopment project, this property offers incredible value and versatility. Please make offers subject to viewing.
Address
4209 Bow Trail SW
List Price
$1,500,000
Property Type
Commercial
Type of Dwelling
Multi Family
Area
Calgary W
Sub-Area
Rosscarrock
Lot Size
6239 Sq. Ft.
Year Built
1969
MLS® Number
A2189101
Listing Brokerage
eXp Realty
| Real Estate Professionals Inc.
Postal Code
T3C 2G1
Zoning
MC-1
Site Influences
Back Lane, Level, Near Public Transit