01 / Property Detail

BOWNESS

4608 70 Street Nw, Calgary, AB

$760,000

Residential · MLS® A2282262
4Bedrooms
3Bathrooms
920.97Sq Ft
2Garage
1951Year Built
02 / Overview

PROPERTY OVERVIEW

RARE OFFERING — Legal Basement Suite + Income Potential in Bowness.

This fully renovated bungalow features a city-approved, registered legal basement suite, offering an exceptional opportunity for homeowners and investors alike. Fully permitted, conforming, inspected, and approved, the secondary suite meets current building code—providing true peace of mind, lender approval, and insurance-friendly ownership (not an illegal suite). With over 1,719 sq ft of total developed living space, this detached home offers a modern, open-concept layout with separate private entrances to both...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area920.97 sq ft
Lot Size5,694 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Detached
ExteriorOther
BasementFull
Year Built1951
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,556After mortgage & expenses
Cap Rate2.0%Based on market rents
Cash on Cash Return-12.3%With 20% down payment
Est. Monthly Rent$1,812Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

BOWNESS

Moderate Investment
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Investment Score67/100
Avg Home Price$843K
Active Listings41
Listed by Tamara Stearns · Real Broker