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.
Data was last updated September 16, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
65
Avg list price:
$639,900
Min list price:
$155,000
Max list price:
$2,999,000
Avg days on market:
35
Min days on market:
3
Max days on market:
234
Avg price per sq.ft.:
$469.23
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.
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™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.