For Sale: 6110 Bowwood Drive NW, Calgary, AB - REW
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$3,495,000
0 bd • ba • 1323 sf • Townhouse
6110 Bowwood Drive NW
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$3,495,000
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6110 Bowwood Drive NWCalgary, AB, T3B 2E8

Bowness
  • 0 Bed
  • Bath
  • 1323 Sqft
  • Townhouse

About this home

WELCOME TO ONE OF CALGARY'S MOST EXCITING MULTI-FAMILY INVESTMENT OPPORTUNITIES! This exceptional 2024-built 6 plex townhome development offers the rare combination of strong cash flow with a 5.45% CAP RATE, premium construction, assumable CMHC financing & outstanding long-term appreciation potential in the rapidly growing community of Bowness. Situated on a large 181' x 88' lot, this TURNKEY investment is FULLY LEASED and available for immediate possession, generating an impressive $218,388 in annual rental income. Even better, tenants pay their own utilities, helping keep operating costs low while maximizing returns. Unlike traditional apartment-style buildings, this development consists of 6 INDIVIDUAL TOWNHOMES with no basement suites and no units stacked above or below, providing tenants with greater privacy, quieter living and a true residential feel. This unique design has resulted in consistently strong demand and full occupancy since completion. The property includes 5 two-bedroom townhomes, each offering approximately 1,322 sq.ft., plus 1 spacious three-bedroom townhome with approximately 2,046 sq.ft. Every home features 2.5 bathrooms. The five two-bedroom units include a main-floor office/den, while the larger unit offers premium appliances, upgraded QUARTZ and a main-floor bedroom, creating flexible layouts that appeal to a wide range of tenants. Designed with quality and functionality in mind, every townhome showcases modern finishes and bright open-concept living spaces. Beautiful kitchens seamlessly connect to the dining and living areas, creating the perfect setting for everyday living and entertaining. Features include durable luxury vinyl plank flooring, granite countertops, stainless steel appliances, full-height cabinetry, stylish tile backsplashes and spacious dining nooks. Each home also offers private decks off both the second and third floors, extending the living space outdoors. Every unit includes its own ATTACHED GARAGE plus an additional driveway space, another feature that continues to attract quality long-term tenants. This project was approved through the CMHC MLI Select Program, and a qualified purchaser has the opportunity to assume the existing mortgage at an attractive 4.9% interest rate (subject to lender approval), providing a significant financing advantage. Located just minutes from downtown, the Bow River pathway system, parks, shopping, restaurants, Canada Olympic Park, the University of Calgary and Foothills Hospital, Bowness continues to be one of Calgary's most desirable and rapidly evolving communities. A fully occupied, purpose-built six-plex of this quality is an exceptionally rare offering. Whether you're expanding an investment portfolio or acquiring a premium income-producing asset, this outstanding property delivers immediate cash flow, exceptional tenant appeal and outstanding long-term value.
Listed by: Bryan Herman, Real Broker

Home facts and features

Price details
List Price
$3,495,000
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Home facts
Bedrooms
0
Full Bathrooms
Parking Spaces
6
Property Type
Townhouse
Year Built
Built in 2024 (2 yrs old)
Style
3 (or more) Storey
Heating Type
Forced Air,Natural Gas
Basement Details
Full
Features
Built-in Features, Closet Organizers, Granite Counters, Kitchen Island, Low Flow Plumbing Fixtures, No Smoking Home, Open Floorplan, Private Entrance
Amenities
Storage
Appliances
Dishwasher, Microwave Hood Fan, Refrigerator, Stove, Washer/Dryer
Community
Agent details
Primary Agent
Primary Broker
Real Broker
Listing details
Days on REW
1 Day
MLS® Number
A2334679
Source
Pillar 9
Board
Calgary Real Estate Board
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25 Years
Interest Rate
3.99%

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Property Insights

River Valley School
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Christine Meikle School
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Our Lady Of The Assumption School
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Thomas B Riley School
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Terrace Road School
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Bowcroft School
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F. E. Osborne School
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Marion Carson School
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St. Vincent De Paul Elementary Junior High School
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École Terre Des Jeunes
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Bryan Herman
Phone:
(403) 971-9408
Office:
855-623-6900
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