. Lot size is 6394 sq. ft. , Frontage 53.96 feet. Zoning is MC-1, allowing duplex and possibly 4 units.
In the supplement section there is cash flow analysis , I have put in the market rents 20 % deposit , the result is 32% return over 5 years with 0% appreciation factored in
Residential redevelopment property on this 54’x120 lot zoned MC-1 zoning. Located away from the busy area of Bowness right on Bowness road, with no homes in the front obstructing the sun. All amenities are walking distance including schools. public transit & walking distance or a very short commute to downtown. Vacant Possession on August 31st, 2012. 2 rental Units, Unit A vacant, Unit B $1195. They are on month to month. Tenants are willing to stay until development begins
Data was last updated December 8, 2024 at 08:05 PM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$790,000
Min list price:
$239,900
Max list price:
$1,795,000
Avg days on market:
40
Min days on market:
1
Max days on market:
136
Avg price per sq.ft.:
$563.05
These statistics are generated based on the current listing's property type
and located in
Bowness. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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