A truly extraordinary riverfront estate on an exceptional 14,600 sq ft lot backing directly onto the Bow River. This contemporary residence offers 5,075.89 sq ft above grade + has been masterfully crafted with uncompromising quality, timeless design + every luxury expected in an executive family home. With 6 bedrooms, 7 bathrooms + a fully developed lower level, this is a once-in-a-generation offering. An elegant central hall leads to a formal dining room + impressive library/living room, then into light-filled living spaces framed by sweeping river views. The chef’s kitchen features professional-grade appliances, a large island, extensive custom cabinetry, abundant counters + an oversized butler’s pantry. The great room includes extensive built-ins and a dramatic gas ribbon fireplace, with seamless indoor-outdoor access to the rear deck overlooking the river. Practical luxury includes a spacious mudroom to a heated, insulated four-car side-by-side garage (rare independent bays), three fireplaces, 10' ceilings, site-finished hardwood, spray-foam insulated exterior walls, central A/C on every level, irrigation + three dishwashers. The upper level has four generous bedrooms each with ensuite and walk-in closet. The primary retreat is a private sanctuary with a spa-inspired five-piece ensuite, expansive dressing room + a private balcony overlooking the landscaped grounds and river. A large bonus room and upper laundry complete the floor. The fully developed lower level is ideal for entertaining + family living with a large recreation room + wet bar, wine cellar, theatre, fitness room, additional bedroom + full bath. Above the garage is a separate upper-level living area with roughed-in kitchen—ideal as an in-law or nanny quarters, executive office or guest suite—featuring a lounge, bedroom + full bath. Outdoor living is exceptional: expansive heated deck with large gas firepit, built-in BBQ/outdoor kitchen, 2-year-old 8' x 9' spa/plunge pool, breathtaking stone patio with seating, wood-burning fireplace, fire pit at the river’s edge + small potting shed with water and electricity. Every outdoor space is designed for privacy + to capture the natural beauty of the setting. Ideally located with easy access to schools, the University of Calgary, Foothills + Children’s Hospital.More details
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 legal basement suites. All units include in-suite laundry, with legal basement suites 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.More details
Welcome to a brand new, purpose-built 4-plex with legal basement suites in Bowness, Calgary, offering a total of 8 self-contained residential units and over 7,400 sq.ft. of professionally designed living space. This is a rare opportunity to acquire a turnkey, income-generating multi-family asset in one of Calgary’s most rapidly evolving and investor-focused communities.
Located in Bowness, the property benefits from strong rental demand driven by proximity to the Bow River, Bowness Park, Canada Olympic Park, and convenient access to downtown Calgary. With ongoing redevelopment and increasing tenant demand, Bowness continues to emerge as a key inner-city investment node with long-term upside.
The property features 4 spacious above-grade units, each offering approximately 1,200+ sq.ft. of modern, open-concept living. These units are designed with functional layouts, large windows, and contemporary finishes, creating bright, livable spaces that appeal to quality tenants and support strong rental rates.
Complementing the main units are 4 fully legal basement suites (approx. 620 sq.ft. each), each with private entrances, efficient floorplans, and comfortable living spaces. This configuration significantly enhances the overall revenue profile, making this an ideal asset for investors focused on maximizing cash flow and long-term performance.
As a new construction multi-family property, this asset offers low maintenance requirements, modern construction standards, and reduced capital expenditure risk. The exterior showcases clean, contemporary architecture with durable, high-quality finishes, contributing to long-term durability and strong curb appeal.
From an investment standpoint, the property is supported by a projected cap rate of 5.32% and a DSCR of 1.17, offering a balanced profile of income stability and financing viability. A detailed pro forma is available in the supplements, providing further insight into projected rents, operating costs, and overall performance.
The efficient unit mix, separate entrances for all suites, and thoughtful design support a wide range of tenant profiles, helping to drive consistent occupancy and stable rental income in a supply-constrained market.
This opportunity may also align with CMHC MLI Select financing (subject to lender and CMHC approval), presenting the potential for enhanced leverage and improved long-term returns.
An exceptional opportunity to acquire a newly built 8-unit multi-family property in Bowness, combining strong in-place income potential, modern construction, and exposure to one of Calgary’s most active redevelopment corridors.More details
RARE BOW RIVER WATERFRONT DEVELOPMENT OPPORTUNITY. Situated on an extraordinary pie-shaped parcel with 200 feet of Bow River shore access and 98 feet of frontage, this is a truly unique opportunity for developers, investors, or those seeking an unmatched estate property. The property can be legally subdivided into three separate lots, with the southernmost lot already conditionally approved for subdivision, creating immediate development potential and reducing future timelines.
Whether you're looking to build a signature riverfront estate, create a multi-lot luxury development, or secure a long-term holding property with significant upside, opportunities of this caliber are exceptionally rare. Build your dream home on one lot while living in or generating income from the extensively renovated executive-style raised bungalow next door.
The existing residence has undergone substantial upgrades and improvements, offering outstanding value as a holding property. Soaring 16-foot vaulted ceilings, dramatic wall-to-wall windows, and panoramic river views create a true "escape to nature" experience while remaining connected to city amenities.
Major updates include triple-pane windows, fibre cement siding with real stone masonry, composite decking with cable railings, air conditioning, updated water and sewer lines, PEX plumbing, a 200-amp electrical service, sump pump, sewer backup prevention valve, and two high-efficiency furnaces. The chef-inspired kitchen features premium Miele appliances under warranty until 2029, custom soft-close cabinetry, quartz countertops with waterfall edge and a walk-in working pantry. Additional highlights include Acacia engineered hardwood flooring, spa-inspired bathrooms, a legal basement bedroom, commercial-grade LVP flooring, and an oversized detached garage.
For added peace of mind, the property has been pre-inspected (May 2026) and includes an updated RPR (2026).
A rare chance to acquire a premier riverfront property offering immediate enjoyment, rental potential, and exceptional future development opportunities along one of Calgary's most sought-after natural corridors. Restrictive covenant on title is in the process of being removed.More details
Land Opportunity in the heart of Bowness! MC-1 land use with a generous size of 22500SF. Located near shopping, parks and schools, conveniently just off Bowness road. Prime location for residential low rise development in this family friendly and desirable community.More details
Opportunities like this are exceedingly rare. Sprawling across a massive 100x196 foot lot, this exceptional 0.42-acre property features 100 feet of direct water frontage on the highly coveted Bowness lagoon. The lot itself is spectacular, beautifully framed by mature trees that offer an incredible sense of natural privacy right in the city. The original bungalow is nestled into a setting that holds unmatched future potential, and the property includes two storage sheds and a private dock. You can choose to work with the existing home or use this premier parcel of land to build a brand-new custom estate. Plus, for anyone looking for even more space, you have the rare opportunity to also purchase the property directly next door.
The four-seasons lifestyle offered by this unique location is unmatched. Imagine stepping out onto your private dock to launch a kayak or paddle-board in the summer, or lacing up your skates to enjoy the lagoon in the winter, all while watching abundant local wildlife right outside your door. Despite its serene, nature-filled setting, you are steps from running and biking trails, the scenic Bow River pathways, and the cross-country skiing tracks at Bowness Park. You are also just a short drive from the Calgary Farmers’ Market West and excellent local dining. Whether you are looking to renovate, hold, or build new, this lagoon-front property holds a monumental opportunity.More details
Welcome to your own private waterfront retreat in the heart of Bowness. Homes with this kind of setting—and this level of potential—simply don't come up often. Nestled right on the lagoon and surrounded by mature trees, this exceptional property offers a rare opportunity to enjoy true waterfront living in one of Calgary’s most desirable locations. Plus, you have the rare opportunity to also purchase the lot directly next door. Step out onto your dock and embrace every season—whether you're canoeing and paddle-boarding across the lagoon in the summer, or lacing up your skates to glide onto the ice in the winter.
Inside, the home features a smart, functional layout that maximizes its incredible surroundings. Large windows throughout flood the space with natural light and showcase beautiful views of the water and surrounding greenery, creating a peaceful escape that feels miles away from the city. The open-concept main floor balances warmth and charm, making it perfect for both quiet nights in and effortless entertaining. The spacious kitchen is a central hub, featuring a large island and ample workspace that flows seamlessly into the dining and living areas.
The main floor is dedicated to comfortable daily living, featuring a generously sized primary bedroom. Downstairs, the fully developed basement completely opens up the home's functionality, offering three additional bedrooms—perfect for a family, a home office, or guests—plus plenty of extra living space. The property also includes an attached garage with mezzanine for extra storage.
And then there’s the lifestyle. Bowness has its own distinct, small-town feel right in the city. Running, walking, and biking trails are just steps away from your door, and you go cross-country skiing throughout the winter. Here, you have abundant local wildlife right outside, you can walk to Bowness Park and the river pathways, and you’re just a short drive from the Calgary Farmers’ Market West, excellent local shops, and restaurants.
If you’re seeking an active outdoor lifestyle, a tranquil waterfront escape, and a property with unmatched future potential, this one is absolutely worth a look. For more information, photos, and a 360 tour, click the links below!More details
Attention builders and investors! Prime development opportunity in the heart of Bowness, one of Calgary’s rapidly developing inner-city communities. This MC-2 zoned property is ideally located just steps from transit, close to shopping, parks, and the Bow River pathway system, with Canada Olympic Park nearby. The MC-2 zoning provides potential for multi-residential development subject to City of Calgary approval. The property is currently tenant-occupied, with a new roof (2025) - drive by only please. Please do not disturb the tenants. Contact your Realtor or reach out directly for more information. Land value only.More details
Rare opportunity awaits on this massive 50' x 385' lot backing onto the serene East Bowness Park Lagoon. Nestled on a quiet, low-traffic street, this oversized property offers an incredible combination of inner-city convenience and secluded parkland tranquility. The unique topography features a commanding elevation at the front, providing a stately build site that overlooks the sprawling, private backyard as it moves toward the water. This is a clear, ready-to-build canvas with no demolition required, offering ample room for a custom home, oversize garage, and a deep outdoor oasis.
Life here is a four-season experience. Enjoy the peaceful, treed backdrop of the lagoon in the summer and your own skating rink in the winter, a luxury shared with only five neighboring families. Just steps away from the extensive pathway network connecting you to Bowness Park, Baker Park, Bowmont Park, and the Bowmont Island Off-leash area. Despite the nature-first feel, you remain minutes away from the Foothills Hospital, U of C, downtown, and the gateway to the Rocky Mountains. Own one of the most versatile and private park-side parcels in Calgary.More details
DP APPROVED 10 PLEX MIXED BUILDING ALREADY APPROVED BY CITY. BUILD YOURSELF OR JOINT VENTURE THIS PRIME LOCATION NEXT TO COMMERCIAL IN BOWNESS . MU-2 ZONED 50X120 LOT.. OLDER BUNGALOW IS RENTED AT PRESENT. BUILD/HOLD INVESTMENT . OFFERS!!!!! LET'S TALK DEVELOPERS!!BUILDERS!! INVESTORS!!More details
OPEN HOUSE SATURDAY JUNE 27th 11AM-1PM******Completely Rebuilt Bungalow Across from the Bow River Lagoons & Pathways! Double RV parking! Welcome to this extensively renovated bungalow offering over 1,900 sq. ft. of beautifully developed living space in one of Bowness's most desirable locations. Situated on the quieter end of Park Avenue, directly across from green space, river pathways, and the Bow River lagoon system, this property combines exceptional craftsmanship with an unbeatable outdoor lifestyle. Completely rebuilt from the studs up, this home has been thoughtfully redesigned with quality finishes and attention to detail throughout. The main level features an open-concept layout with luxury vinyl plank flooring, a stunning chef-inspired kitchen, a feature fireplace, and three spacious bedrooms. The fully developed lower level adds incredible versatility with a large family room anchored by a gas fireplace, an additional bedroom, a dedicated office, a beautifully appointed bathroom featuring a ceiling-mounted rain shower, and a stylish dry bar perfect for entertaining. Outside, the impressive backyard is designed for year-round enjoyment. Relax under the covered entertaining area complete with a fire pit, gather around the separate wood-burning fire pit, or take advantage of the oversized double garage featuring a dedicated workshop space with quartz countertops. Double RV parking provides ample room for recreational vehicles, trailers, or additional parking.Just steps from Bowness Park, schools, pathways, and outdoor recreation, this is a rare opportunity to own a substantially rebuilt home in one of Calgary's most beloved river communities. (Extensive updates completed over multiple years including basement development and bathroom renovation, house shingles, custom cedar front porch, new main floor vinyl windows, garage shingles, laundry renovation, new washing machine, new electric fireplace and surround, and a comprehensive 2026 main floor renovation featuring a new kitchen, new kitchen appliances, renovated bathroom, new flooring, new interior doors, casing and baseboards, and fresh paint throughout the main floor and basement. Additional features include a heated oversized double garage with workshop space, double RV parking, high-efficiency furnace, Vacuflo system, covered front and rear patios, and exceptional access to the Bow River pathway system, Bowness Park, Baker Park, Seven Bridges/Seven Brothers natural area, off-leash parks, Canada Olympic Park, and the shops and amenities of downtown Bowness.)
You have to see this one to believe it!More details
Welcome to this stunning executive duplex in the heart of Bowness, offering the perfect combination of luxury, functionality, and income potential. Thoughtfully designed with upgraded windows, premium appliances, and quality finishes throughout, this beautiful home is filled with natural light and offers exceptional living space for today’s modern family. The open-concept main floor features a spacious living area, an inviting dining space, and a chef-inspired kitchen complete with upgraded appliances, stylish cabinetry, and elegant finishes—perfect for everyday living and entertaining. Upstairs, you’ll find three generously sized bedrooms, a convenient dedicated laundry room, and a versatile bonus room ideal for a home office, playroom, or additional family space. The impressive primary retreat features a spacious walk-in closet and a luxurious five-piece ensuite. A well-appointed four-piece bathroom completes the upper level. The fully finished two-bedroom basement suite offers outstanding flexibility and additional income potential. With its own private entrance and comfortable living space, it is ideal as a mortgage helper, multi-generational living arrangement, or investment opportunity. Located in the desirable and rapidly evolving community of Bowness, directly across from the park, this home is just minutes from Bow River pathways, Bowness Park, schools, local cafés, shopping, Winsport, and major roadways. Enjoy convenient access to downtown Calgary and an easy escape west to the Rocky Mountains. Whether you’re looking for a sophisticated family home or an exceptional investment property, this executive duplex delivers luxury, space, versatility, and long-term value in one of Calgary’s most sought-after communities.More details
Data was last updated June 28, 2026 at 06:05 PM (UTC)
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