8531 47 Avenue NW
Calgary T3B 1Z8
MLS® Number: A2274658
$ 649,900
3
BEDROOMS
2 + 0
BATHROOMS
1,086
SQUARE FEET
1954
YEAR BUILT
Attention Homebuyers, Investors & Builders! Here’s a rare opportunity in one of Calgary’s most desirable inner-city communities. Just one block from Bowness Park and the Bow River, this recently renovated 3-bedroom bungalow sits on a 50x120 R-CG lot, offering flexibility for living, renting, or future development. Move in and enjoy the updated interior, hold as a cash-flowing rental, or plan your next build — the choice is yours. The home features a detached garage and is located on a quiet, tree-lined street surrounded by beautiful homes and active redevelopment. With R-CG zoning, the property has excellent long-term potential for a duplex, multi-unit development, or custom infill. Its prime location near the University of Calgary, Foothills Hospital, Children’s Hospital, and major transit routes makes it equally appealing to homeowners and investors. Whether you’re looking for a comfortable home in a fantastic neighbourhood, a strong rental property, or a future development site, this property delivers exceptional value in a high-demand location.
| COMMUNITY | Bowness |
| PROPERTY TYPE | Detached |
| BUILDING TYPE | House |
| STYLE | Bungalow |
| YEAR BUILT | 1954 |
| SQUARE FOOTAGE | 1,086 |
| BEDROOMS | 3 |
| BATHROOMS | 2.00 |
| BASEMENT | Full |
| AMENITIES | |
| APPLIANCES | Dryer, Electric Stove, Refrigerator, Washer |
| COOLING | None |
| FIREPLACE | N/A |
| FLOORING | Vinyl |
| HEATING | Forced Air |
| LAUNDRY | In Basement |
| LOT FEATURES | Back Lane, Back Yard, Landscaped, Rectangular Lot |
| PARKING | Double Garage Detached |
| RESTRICTIONS | None Known |
| ROOF | Asphalt Shingle |
| TITLE | Fee Simple |
| BROKER | eXp Realty |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| Laundry | 10`10" x 8`8" | Basement |
| Game Room | 22`2" x 27`6" | Basement |
| Storage | 8`10" x 2`2" | Basement |
| Furnace/Utility Room | 6`9" x 6`6" | Basement |
| Bedroom | 10`5" x 7`7" | Main |
| 4pc Bathroom | 5`11" x 7`6" | Main |
| Bedroom | 7`10" x 11`6" | Main |
| Bedroom | 13`3" x 11`6" | Main |
| Dining Room | 7`5" x 9`8" | Main |
| Kitchen | 12`5" x 9`8" | Main |
| Living Room | 19`10" x 13`4" | Main |
| Mud Room | 9`11" x 7`5" | Main |
| 3pc Bathroom | 4`8" x 5`11" | Main |
