RARE R-CG DEVELOPMENT OPPORTUNITY IN BOWNESS! Attention builders, developers and investors: this 50' x 110' rectangular lot offers something increasingly difficult to find. Following the repeal of Calgary’s citywide blanket rezoning on August 4, 2026, most residential properties reverted to their previous lower-density zoning. This property remains designated R-CG, preserving a range of potential redevelopment opportunities not available to most surrounding properties. The level 5,500 sq. ft. parcel features desirable rear-lane access and supports the variety of grade-oriented housing forms available under R-CG zoning. The existing 1,007 sq. ft. bungalow offers three bedrooms on the main level, an additional bedroom and developed living space downstairs, two full bathrooms, a separate entrance, and a large double detached garage. Located in the established community of Bowness, close to parks, schools, shopping and everyday amenities, this is an exceptional opportunity to secure a well located property where the long-term value is firmly rooted in the land and its increasingly rare R-CG zoning. (id:2493)
Data was last updated November 14, 2026 at 06:15 AM (UTC)
Area Statistics
Listings on market:
61
Avg list price:
$749,000
Min list price:
$150,000
Max list price:
$1,799,900
Avg days on market:
49
Min days on market:
0
Max days on market:
199
Avg price per sq.ft.:
$452.63
These statistics are generated based on the current listing's property type
and located in
Bowness. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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