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$3,150,000

3915 73 Street NW, Calgary, AB, T3B 2L8

MLS® # A2268016

Calgary AB, T3B 2L8

MLS® # A2268016

Property Information:

Seize a rare opportunity to invest in a purpose-built multi-residential development in the dynamic and growing community of Bowness, Calgary. This project has been brought together by MCA Construction Group and the Development Permit has been approved and released the Building Permit drawings are ready for submission. As soon as you give the green light, the project is ready to go. Strategically located, this investment property is positioned to attract strong tenant demand. It’s just 6 minutes from the tranquil Bowness Park, 8 minutes from Market Mall, and within a 10–14 minute commute to the University of Calgary, SAIT, Ambrose University, Alberta Children’s Hospital, and Foothills Medical Centre. This prime location ensures long-term rental stability and appeal. Spanning over 7000 sq ft of livable space, the project features eight thoughtfully designed units: four spacious 3-bedroom, 2.5-bathroom upper units and four well-appointed 1-bedroom, 1-bath lower units. All units include in-suite laundry, with lower units also offering in-suite bike parking. These homes are tailored for the high-end rental market, combining modern design, functionality, and comfort to maximize tenant satisfaction and rental yield. This is a turnkey development opportunity with the potential to leverage CMHC Select Financing. This is a rare opportunity to invest in a brand-new, purpose-built multifamily project with minimal friction. Whether you're a seasoned investor or looking to expand your portfolio with a high quality asset, this property represents a unique chance to capitalize on Calgary’s rental market with confidence in one of Calgary’s most promising up and coming neighborhoods.

Inclusions: Fridge x 8, Stove x 8, Dishwasher x 8, Washer x 8, Dryer x 8, Microwave Hoodfan x 8

Building Features:

  • Total Finished Area: 6132.00

Property Features:

  • Architectural Style: 2 Storey
  • Built in: 2024
  • Floor Space (approx): 6132.00 Square Feet
  • Zoning: RCG
  • No. of Parking Spaces: 4

Courtesy of: TREC The Real Estate Company

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 3915 73 Street NW, Calgary, AB, T3B 2L8

Demographic Information of 3915 73 Street NW, Calgary, AB, T3B 2L8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$87,257.93

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.92 %

High school certificate or equivalent

33.34 %

Apprenticeship trade certificate/diploma

7.63 %

College/non-university certificate

17.33 %

University certificate (below bachelor)

0.05 %

University Degree

20.73 %

Commuter

Travel To Work

By Car

79.46 %

By Public Transit

13.48 %

By Walking

1.73 %

By Bicycle

0.0 %

By Other Methods

5.33 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

48.52 %

Houses

51.48 %

Own Vs. Rent