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Michelle Fournier

michelle@stonewayadvisory.com +1(403) 618-5883

$ 1,289,000

Est. payment | -/mo

2,346 SqFt

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$ 1,289,000

Est. payment | -/mo

Save

2,346 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2346.5

Square Footage 2,346 sqft

Price per Sqft $549

Subdivision Bowness

MLS Listing ID A2356549

Year Built 1969

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type 4 plex

Property Description

ATTENTION CALGARY REAL ESTATE INVESTORS! Discover an opportunity to own a fully conforming,four-unit residential investment property in the heart of Bowness. Whether you are expanding an established portfolio or seeking a multi-family property with room to grow,6131 Bowness Road NW offers a combination of existing rental income,a proven rental history and future upside. Built in 1969,this impeccably maintained Four-plex features three,three-bedroom suites and one,two-bedroom suite,an attractive unit mix that appeals to a broad range of tenants. All four residences are accessed from an upgraded central interior hallway,with a shared laundry room in the basement. A rear parking pad provides four off-street parking spaces. The building is heated by a central gas-fired hot-water boiler that has been serviced annually,and improvements to attic ventilation,including vents and fans,were completed in 2025. The potential extends beyond existing income. One of the three-bedroom suites has been renovated,demonstrating the potential to reposition additional units over time and pursue increased rental revenue as leases turn over and market conditions permit. For a long-term investor,the opportunity to thoughtfully modernize the remaining interiors creates an appealing path to enhancing tenant experience and strengthening income performance. Opportunities to review utility arrangements and common-area laundry operations to improve efficiency and revenue,applicable requirements and tenant agreements. Location adds another layer of appeal. Bowness is one of Calgary's most established northwest communities,known for its neighbourhood character,local businesses,restaurants,shops and access to outdoor recreation. Transit,major routes and the Bow River pathway network are accessible,with Bowness Park nearby. The setting offers tenants a practical balance of everyday amenities and access to destinations across northwest Calgary. With four existing rental units,dedicated parking,shared laundry and a flexible suite mix,this property provides an established foundation for investors to evaluate. Rather than relying on a speculative development concept,buyers can consider an operating rental property today alongside a range of potential improvements for tomorrow. An investor information package,including an illustrative income and expense analysis and potential value-add scenarios,is available for qualified buyers to review. Opportunities to acquire a fully conforming Four-plex with this combination of current utility and future potential deserve a closer look. The appeal is in the added flexibility: maintain the existing rental operation while considering a phased improvement strategy that aligns with tenant turnover,available capital and long-term investment objectives. Explore what 6131 Bowness Road NW could contribute to your Calgary real estate investment portfolio. Ask for the investor package and details.

Location

Province AB

County 0046

Community Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(S), Walking/Bike Paths

Area Cal Zone Nw

Zoning M-C1

Direction NW

Rooms

Basement Full, Finished

Interior

Heating Baseboard, Boiler, Hot Water, Natural Gas

Inclusions 4x Refrigerator, 4x Stove, Hood fan 3x, Overhead Microwave Oven, Bike Rack

Furnishings Unfurnished

Fireplace No

Appliance Dryer, Washer

Laundry Common Area

Exterior

Exterior Feature Private Entrance, Private Yard, Rain Gutters

Parking Features Alley Access, Asphalt, Assigned, Off Street, Parking Pad, Stall

Carport Spaces 4

Fence Fenced

Community Features Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths

Roof Type Asphalt Shingle

Porch Side Porch

Total Parking Spaces 4

Garage No

Building

Lot Description Back Lane, Back Yard, Front Yard, Interior Lot, Landscaped, Lawn, Level, Low Maintenance Landscape, Near Public Transit, Near Shopping Center, Near Ski Hill

Dwelling Type Four Plex

Foundation Poured Concrete

New Construction No

Others

Restrictions None Known

Listed by Real Broker

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 618-5883

michelle@stonewayadvisory.com

1102- 738, 1 Avenue SW, Calgary, Alberta T2P5G8, CAN

6131 Bowness RD NW Calgary, AB T3B 0C9

Michelle Fournier

Key Details

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Rooms

Interior

Exterior

Building

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6131 Bowness RD NW