$798,800
3 bd • 2 ba • 867 sf • House
3915 73 Street NW
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$798,800
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3915 73rd Street NWCalgary, AB, T3B 2L8

Bowness
  • 3 Bed
  • 2 Bath
  • 867 Sqft
  • House

About this home

Seize a rare opportunity to invest in a purpose-built multi-residential development in the dynamic and growing community of Bowness, Calgary. This project—meticulously designed by MCA Construction Group—comes with a fully approved Development Permit with the Building Permit underway, putting you on the fast track to construction and returns. This critical milestone significantly reduces development risk and accelerates your timeline to completion. Additionally the DP levy has been fully paid. 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 nearly 9,000 sq ft of livable space, the project features eight thoughtfully designed units: Four spacious 3-bedroom, 2.5-bathroom upper units (1,533 sq ft each) and Four well-appointed 1-bedroom, 1-bath lower units (680 sq ft each) 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. This is a turnkey development opportunity with the potential to leverage CMHC Select Financing. With all major approvals in place and construction services available through MCA Construction Group, this is a rare opportunity to invest in a brand-new, purpose-built multifamily project with minimal friction. Whether you'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. With key approvals already in place, the path to construction and income is clear—this is your opportunity to build in one of Calgary’s most promising neighborhoods.
Listed by: Luke McLaren, TREC The Real Estate Company

Home facts and features

Price details
List Price
$798,800
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Home facts
Bedrooms
3
Full Bathrooms
1
Partial Bathrooms
1
Property Type
House
Lot Size
436 ft²
Frontage
50.00 ft
Year Built
Built in 1956 (69 yrs old)
Style
Bungalow
Heating Type
High Efficiency
Features
Back Lane, Back Yard, Cul-de-Sac, In Basement, Laundry Room, Park, Private Entrance, Schools Nearby, See Remarks, Soaking Tub
Amenities
Playground, Shopping Nearby
Community
Agent details
Primary Agent
Primary Broker
TREC The Real Estate Company
Listing details
Days on REW
2 Days
MLS® Number
A2263661
Source
Pillar 9
Board
Calgary Real Estate Board

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25 Years
Interest Rate
4.09%

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Property Insights

Bowcroft School
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  • In Catchment
Thomas B Riley School
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  • In Catchment
Our Lady Of The Assumption School
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Start Outreach
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Bowness High School
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Belvedere Parkway School
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River Valley School
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Silver Springs School
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F. E. Osborne School
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Christine Meikle School
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School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Luke McLaren
Phone:
(403) 880-2296
Office:
(403) 270-4060
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.