Active
BOWNESS
4632 85 Street Nw, Calgary, AB
$2,850,000
Multi-Family · MLS® A23039595,004Sq Ft
4Garage
2026Year Built
02 / Overview
PROPERTY OVERVIEW
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....
03 / Details
PROPERTY DETAILS
Property TypeMulti-Family
Building TypeFour Plex
Total Finished Area5,004 sq ft
Lot Size6,178 sq ft
ZoningR-CG
Parking4 Car Garage
Year Built2026
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$4,073After mortgage & expenses
Cap Rate2.8%Based on market rents
Cash on Cash Return-8.6%With 20% down payment
Est. Monthly Rent$8,757Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
BOWNESS
Moderate InvestmentLoading map...
Investment Score68/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Justin Warthe · Real Broker