MLS #A2356673 image #0
TIMELESS CHARACTER. EXTENSIVELY REBUILT. EXCEPTIONAL ELBOW PARK LOCATION. Set on a beautiful, tree-lined corner lot in East Elbow Park, this distinguished 1945 residence offers a compelling combination of architectural character, extensive reconstruction, and an established setting that simply cannot be replicated.

With its traditional 1½-storey architecture, mature surroundings, and prominent south west corner position, the home captures the enduring appeal of one of Calgary&#39's most sought-after inner-city neighbourhoods. Its corner setting provides an enhanced sense of openness, natural light, and street presence.

Behind the timeless exterior lies a home that has been extensively rebuilt and thoughtfully renewed. The entire main floor and lower level have undergone comprehensive reconstruction, representing a substantial investment in the property&#39's comfort, functionality, and longevity. From the completely redone kitchen, powder room and main floor spaces, to the rebuilt lower-level living spaces, three piece bath with steam shower, new laundry, and mechanical systems, the improvements extend well beyond cosmetic updates. The result is a beautifully revitalized residence that preserves the charm of its original architecture while delivering the comfort and convenience of modern living.

Offering 5 bedrooms, 4 bathrooms, and 3774 square feet of developed living space, the home provides a welcoming balance of character and contemporary functionality. Upstairs, the second level is flooded with natural light. The primary suite is a true retreat, with a reading and coffee nook made for slow mornings, a spa-like ensuite, and a walk-in closet. Three additional bedrooms and a four-piece main bath complete the level, giving family and guests space of their own.

The transformation continues outdoors, where newly completed landscaping, fence and irrigation system complement mature trees and private established grounds. The generous corner setting enhances the property&#39's curb appeal, while a double detached garage provides everyday convenience.

Situated in the coveted eastern enclave of Elbow Park, the location offers an exceptional inner-city lifestyle. The Elbow River pathways, neighbourhood parks, and Elbow Park School are close at hand, while downtown Calgary and the amenities of neighbouring communities are just minutes away.

For buyers drawn to the character of an established home but hesitant to undertake extensive renovations, 340 40 Avenue SW presents a distinctive opportunity. The architectural charm, mature setting, and neighbourhood prestige remain, while the significant investment in rebuilding and modernizing the interior has already been made.

A home with history. A residence thoughtfully renewed. An address that never goes out of style.
Current real estate data for Single Family in Calgary as of Nov 06, 2026
3,339
Single Family Listed
50
Avg DOM
489
Avg $ / SqFt
$874,892
Avg List Price

Property Details

Price:
$2,495,000
MLS #:
A2356673
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Subtype:
Detached
Subdivision:
Elbow Park
Listed Date:
Nov 5, 2026
Finished Sq Ft:
2,703
Lot Size:
4,688 sqft / 0.11 acres (approx)
Year Built:
1945
Elbow ParkFullBack Yard,corner Lot,underground Sprinklers

Schools

Interior

Appliances
Central Air Conditioner, Dishwasher, Dryer, Gas Range, Microwave, Range Hood, Refrigerator, Washer
Basement
Full
Bathrooms Full
3
Bathrooms Half
1
Laundry Features
Lower Level

Exterior

Exterior Features
Private Yard
Lot Features
Back Yard, Corner Lot, Underground Sprinklers
Parking Features
Concrete Driveway, Double Garage Detached, Heated Garage, Insulated
Parking Total
4
Patio And Porch Features
Deck, Patio
Roof
Asphalt Shingle

Financial

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Property Summary

    Located in the Elbow Park subdivision, 340 40 Avenue SW Calgary AB is a Single Family for sale in Calgary, AB, T2S 0X4. It is listed for $2,495,000 and features 5 beds, 4 baths, and has approximately 2,703 square feet of living space, and was originally constructed in 1945. The current price per square foot is $923. The average price per square foot for Single Family listings in Calgary is $489. The average listing price for Single Family in Calgary is $874,892. To schedule a showing of MLS#a2356673 at 340 40 Avenue SW in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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340 40 Avenue SW
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