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DetachedActive

Bowness · Calgary

8539 48 Avenue NW, Calgary

$2,999,000

Bowness, Calgary, Alberta T3B 2B1 · MLS® A2327565

2
Bedrooms: 1.5
Bathrooms: 1,500
Sq ft above grade: $1,999
Per sq ft

About This Property

Exceptional redevelopment opportunity in the heart of Bowness. Prime multi-family development site. Large corner parcel with strong redevelopment potential for a 5-storey apartment building. Located steps from Bowness Park, the Bow River pathway system, transit, shopping, and major commuter routes. A rare opportunity in a high-demand infill location.

Property Details

Interior

Bedrooms: 2
Bathrooms: 1 full · 1 half
Rooms above grade: 4
Above grade: 1,500 sq ft
Total finished: 1,500 sq ft
Basement: Partial · Partially Finished
Fireplaces: 1 fireplace
Laundry: In Basement

Flooring

Carpet
Linoleum

Fireplace

Wood Burning

Building

Property type: Detached
Structure: House
Style: 2 Storey
Levels: Two
Year built: 1929
Front exposure: W

Construction

Wood Frame

Roof

Asphalt Shingle

Foundation

Wood

Heating, cooling & services

Heating: Forced Air
Cooling: None

Parking

Garage: Double Garage Detached · 2 spaces
Garage size: 30`0" x 24`0"
Total parking: 2 spaces

Lot & outdoors

Lot size: 17,986 sq ft
Acreage: 0.41 acres
Frontage: 150 ft
Fencing: Fenced

Lot features

Corner Lot

Exterior features

Private Yard

In the community

Park
Playground
Schools Nearby
Walking/Bike Paths

Costs & ownership

Annual property tax: $5,416 (2026)
Title: Fee Simple
Ownership: Private
Zoning: MU-2 f3.0h16
Restrictions: None Known

Listing & availability

MLS® number: A2327565
Listed: Jul 8, 2026
Days on market: 68
Possession: Negotiable
Listing office: eXp Realty

Contact me for bookings or more information

Questions about this listing, or ready to view it? Stephen will follow up shortly.

Prefer to talk? (403) 827-4943

Selling to buy?

Need to sell your current home to buy this one? Stephen will prepare a free evaluation of your current home.

Request a free evaluation

Estimated Monthly Cost

$13,716.95/mo

Mortgage: $13,265.59
Property tax: $451.36

20% down · 4.49% · 25-yr amortization · estimate only. Excludes insurance, utilities and closing costs.

Listed by eXp Realty

Data provided under license by Pillar 9™.

Listing data updated Aug 7, 2026, 6:15 p.m. MT.

Selling

Thinking of listing your home?

Need to sell to buy this one, or just want a real number? Stephen prepares a free evaluation that accounts for lot, finishes, and current activity in your community.

Request a free evaluation