$1,034,441
$999,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,453 SqFt
SOLD DATE : 01/24/2024
Key Details
Sold Price $1,034,441
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,453 sqft
Price per Sqft $711
Subdivision Bowness
MLS® Listing ID A2094044
Sold Date 01/24/24
Style 1 and Half Storey
Bedrooms 4
Full Baths 2
Originating Board Calgary
Year Built 1950
Annual Tax Amount $3,443
Tax Year 2023
Lot Size 0.287 Acres
Acres 0.29
Property Description
It's a rare opportunity to purchase 100ft frontage (almost 1/3 of an acre) on beautiful Bow Crescent. Amazing mature trees, 100ft x 127ft south rear-facing, corner lot. Two deeded separate lots are currently on one title. Current zoning is R-C1 but has the future potential to be re-zoned considering the "Main Streets" initiative...... Currently, there is a character one-and-a-half-story home on the property. Across the street are the Bow River properties backing onto the Bow River that are priced well over two million dollars making this an excellent redevelopment opportunity in the future! Several new homes are under construction in the immediate area and are selling for well over one & half million dollars on the non-riverside. This older, from the 1950s, story and half character is a classic house that has been recently renovated, as it features a full-height basement which has been fully renovated. This is an exciting opportunity to be a part of the gentrifying Bow River escarpment properties in a quiet enclave on Bow Crescent. Based on the information collected from the Surveyor, the new buyer might be able to build a minimum of 8 Row houses or more, depending on the city's approval. Both the floors are newly renovated, with new siding, furnace, plumbing, blinds, paint, kitchen, flooring, & new appliances. This property is currently tenants occupied. The main floor tenant recently moved out & they were paying $2500 plus 60% utilities and the basement tenant pays $1800 including utilities. It is a great investment opportunity.
Location
Province AB
County Calgary
Area Cal Zone Nw
Zoning R-C1
Direction N
Rooms
Basement Separate/Exterior Entry, Finished, Full, Suite
Interior
Interior Features Separate Entrance
Heating Forced Air
Cooling None
Flooring Laminate, Vinyl Plank
Fireplaces Number 2
Fireplaces Type Gas, Wood Burning
Appliance Dishwasher, Dryer, Electric Stove, Refrigerator, Washer, Window Coverings
Laundry Laundry Room
Exterior
Parking Features Gravel Driveway, Parking Pad, RV Access/Parking
Garage Description Gravel Driveway, Parking Pad, RV Access/Parking
Fence Fenced
Community Features Lake, Playground, Schools Nearby, Shopping Nearby
Roof Type Asphalt Shingle
Porch Deck, Porch
Lot Frontage 100.0
Exposure N
Total Parking Spaces 6
Building
Lot Description Back Lane, Back Yard, Corner Lot, Creek/River/Stream/Pond, Front Yard, Many Trees, Rectangular Lot, Treed
Foundation Poured Concrete
Architectural Style 1 and Half Storey
Level or Stories One and One Half
Structure Type Brick,Concrete,Vinyl Siding
Others
Restrictions None Known
Tax ID 83163289
Ownership Private
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