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Seize a rare opportunity to invest in a lot with designs for 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 comes with a fully approved and released Development Permit putting you on the fast track to construction and returns. These critical milestones significantly reduce development risk timelines. Additionally the DSSP and DP levies have been fully paid and the Building Permit drawings are complete and ready for submission. 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 7,000 sq ft of total livable space, the project features eight thoughtfully designed units: four spacious 3-bedroom, 2.5-bathroom upper units and four 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. Purchase the lot or purchase as a turnkey development with the potential to leverage CMHC Select Financing. All major approvals are in place and construction services are available through MCA Construction Group or opt to bring your own builder. This is a rare opportunity to invest in a brand-new, purpose-built multifamily project with minimal friction. Whether you&#39'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. This is your opportunity to build in one of Calgary’s most promising up and coming neighborhoods.
Current real estate data for Single Family in Calgary as of Jan 05, 2026
2,275
Single Family Listed
62
Avg DOM
463
Avg $ / SqFt
$803,069
Avg List Price

Property Details

Price:
$775,000
MLS #:
A2263661
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Bowness
Listed Date:
Oct 22, 2025
Finished Sq Ft:
866
Lot Size:
557 sqft / 0.01 acres (approx)
Year Built:
1956
GarageBownessFullBack Lane,back Yard,cul-de-sac

Schools

Interior

Appliances
None
Basement
Full
Bathrooms Full
1
Bathrooms Half
1
Laundry Features
In Basement, Laundry Room

Exterior

Exterior Features
Playground, Private Entrance
Lot Features
Back Lane, Back Yard, Cul- De- Sac
Parking Features
Single Garage Detached
Parking Total
1
Patio And Porch Features
Deck
Roof
Asphalt Shingle

Financial

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Subdivisions in Calgary

Property Summary

    Located in the Bowness subdivision, 3915 73 Street NW Calgary AB is a Single Family for sale in Calgary, AB, T3B 2L8. It is listed for $775,000 and features 3 beds, 2 baths, and has approximately 866 square feet of living space, and was originally constructed in 1956. The current price per square foot is $895. The average price per square foot for Single Family listings in Calgary is $463. The average listing price for Single Family in Calgary is $803,069. To schedule a showing of MLS#a2263661 at 3915 73 Street NW in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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