Active

BOWNESS

8816 48 Avenue , Calgary, AB

$1,675,000

Residential · MLS® A2321167
4Bedrooms
3Bathrooms
1,641.9Sq Ft
2Garage
1999Year Built
02 / Overview

PROPERTY OVERVIEW

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...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,641.9 sq ft
Lot Size8,180 sq ft
ZoningR-CG
HeatingIn Floor • Forced Air • Natural Gas
CoolingNone
ParkingAdditional Parking • Concrete Driveway • Double Garage Attached • Driveway
ExteriorDock • Garden • Rain Gutters
BasementFull
Year Built1999
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$4,364After mortgage & expenses
Cap Rate1.3%Based on market rents
Cash on Cash Return-15.6%With 20% down payment
Est. Monthly Rent$3,073Based 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 Score68/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Ken Rigel · eXp Realty