ATTENTION BUILDERS, DEVELOPERS & INVESTORS - first time ever on the market, this rare 75' x 120' interior lot in the heart of Bowness presents an exceptional opportunity. With nearly 9,000 sq. ft. of land in an outstanding location, the property offers potential for future redevelopment, subject to City of Calgary approval and applicable title restrictions. Current land use designation is R-C1. Stage B of the City of Calgary's Bearspaw South Feeder Main replacement project is currently underway along 34 Avenue N.W., with completion targeted for 2026. The project includes wider sidewalks and additional street improvements. Not to be overlooked, the property also includes the original 1959 four-level split, owned and lovingly maintained by the same family since it was built. The home offers approximately 1,233 sq. ft., three bedrooms, two 3-piece bathrooms-one on the main level and one in the basement-and a front-drive single attached garage. The basement includes a large family room with fireplace, along with two additional rooms that were previously used as bedrooms but do not have egress windows. For someone considering a substantial renovation, the existing home offers another possibility, or it may provide rental income while future plans for the property are considered. Bowness continues to evolve, with significant new development and multi-million-dollar homes throughout the community while retaining the character that has long made it distinctive. Bowness Park and the Bow River are nearby, along with Canada Olympic Park, Stoney Trail, Highway 1, hospitals, the University of Calgary and the Calgary Farmers' Market. Select interior photos have been digitally refined for presentation. The building, land, attached goods and included appliances are sold as-is, where-is. Do not enter or walk the property without a confirmed appointment through your REALTOR®.