Dramatic wall-to-wall windowsPanoramic river viewsTriple-pane windowsAir conditioningChef-inspired kitchenCustom soft-close cabinetryWalk-in working pantry
RARE BOW RIVER WATERFRONT DEVELOPMENT OPPORTUNITY. Situated on an extraordinary pie-shaped parcel with 200 feet of Bow River shore access and 98 feet of frontage, this is a truly unique opportunity for developers, investors, or those seeking an unmatched estate property. The property can be legally subdivided into three separate lots, with the southernmost lot already conditionally approved for subdivision, creating immediate development potential and reducing future timelines. Whether you're looking to build a signature riverfront estate, create a multi-lot luxury development, or secure a long-term holding property with significant upside, opportunities of this caliber are exceptionally rare. Build your dream home on one lot while living in or generating income from the extensively renovated executive-style raised bungalow next door. The existing residence has undergone substantial upgrades and improvements, offering outstanding value as a holding property. Soaring 16-foot vaulted ceilings, dramatic wall-to-wall windows, and panoramic river views create a true "escape to nature" experience while remaining connected to city amenities. Major updates include triple-pane windows, fibre cement siding with real stone masonry, composite decking with cable railings, air conditioning, updated water and sewer lines, PEX plumbing, a 200-amp electrical service, sump pump, sewer backup prevention valve, and two high-efficiency furnaces. The chef-inspired kitchen features premium Miele appliances under warranty until 2029, custom soft-close cabinetry, quartz countertops with waterfall edge and a walk-in working pantry. Additional highlights include Acacia engineered hardwood flooring, spa-inspired bathrooms, a legal basement bedroom, commercial-grade LVP flooring, and an oversized detached garage. For added peace of mind, the property has been pre-inspected (May 2026) and includes an updated RPR (2026). A rare chance to acquire a premier riverfront property offering immediate enjoyment, rental potential, and exceptional future development opportunities along one of Calgary's most sought-after natural corridors. Restrictive covenant on title is in the process of being removed.
89 days
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Zillow last checked:
Listing updated:
Listed by:
Chris Richter, Associate,
Re/Max House Of Real Estate,
Jeff Pilon, Associate,
Re/Max House Of Real Estate
Source: courtesy of Pillar9 System,MLS®#: A2313639Originating MLS®#: Calgary
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1
Other
Level: Main
Dimensions: 14`8" x 14`4"
Bedroom
Level: Basement
Dimensions: 14`5" x 18`4"
Other
Level: Main
Dimensions: 6`7" x 8`0"
Other
Level: Basement
Dimensions: 11`1" x 6`8"
Other
Level: Main
Dimensions: 10`4" x 14`2"
Dining room
Level: Main
Dimensions: 10`3" x 16`0"
Foyer
Level: Main
Dimensions: 6`6" x 17`9"
Other
Level: Basement
Dimensions: 15`7" x 19`8"
Game room
Level: Basement
Dimensions: 33`4" x 24`0"
Kitchen
Level: Main
Dimensions: 12`0" x 11`10"
Living room
Level: Main
Dimensions: 34`4" x 16`10"
Storage
Level: Basement
Dimensions: 22`9" x 12`4"
Walk in closet
Level: Main
Dimensions: 9`3" x 5`11"
Heating
Forced Air, Natural Gas
Cooling
Central Air
Appliances
Included: See Remarks
Laundry: Main Level
Features
Beamed Ceilings, Closet Organizers, Double Vanity, High Ceilings, No Smoking Home, Open Floorplan, Separate Entrance, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
Flooring: Carpet, Hardwood, Tile
Windows: Vinyl Windows
Basement: Full
Number of fireplaces: 1
Fireplace features: Brick Facing, Family Room, Gas
Exterior features: Dog Run, Fire Pit, Garden, Private Yard
Fencing: Fenced
Has view: Yes
On waterfront: Yes
Frontage length: 29.87M 98`0"
Lot
Size: 0.88 Acres
Features: Back Yard, Backs on to Park/Green Space, Creek/River/Stream/Pond, Front Yard, Gentle Sloping, Interior Lot, Landscaped, Level, Many Trees, No Neighbours Behind, Pie Shaped Lot, Street Lighting, Subdivided, Views, Waterfront, Wooded
Details
Parcel number: 101152102
Zoning: R-C1
Construction
Type & style
Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence
Materials
Cement Fiber Board, Stone, Wood Frame
Foundation: Concrete Perimeter
Roof: Asphalt Shingle
Condition
New construction: No
Year built: 1920
Community & HOA
Community
Features: Fishing, Park, Playground, Street Lights
Subdivision: Bowness
HOA
Has HOA: No
Location
Region: Calgary
Financial & listing details
Price per square foot: C$1,656/sqft
Date on market: 5/22/2026
Inclusions: Fridge, Built-in Wall Oven & Toaster, Dishwasher, Gas Stove, Wine fridge, Washer & Dryer, Window coverings, Air Conditioner, RO water purifier, UV air purifiers (2), Garage door opener with remote, Ring Doorbell, 2 floodlight camera's