MLS #A2191191 image #0
Prime Opportunity in Highly Sought-After Elboya – Ideal for Redevelopment or Renovation!
Located in one of Calgary’s most desirable communities, this 50’ x 120’ lot presents an exceptional opportunity for redevelopment or a stunning renovation. Surrounded by extensively updated homes and brand-new builds, this property is perfect for investors, builders, or homeowners looking to create their dream home.

This charming mid-century residence offers solid bones, including original oak hardwood floors (sanded in 2022) and a bright, fully fenced, south-facing backyard with mature trees. The main level features a spacious living and dining area with original ceiling details and large picture windows that flood the space with natural light. The upper floor includes three generously sized bedrooms and a four-piece bathroom—ideal for families.

The fully developed basement (unregistered illegal secondary suite DP started) provides additional living space with a large recreation/family room with wood burning stove (currently capped), bar, den, bedroom, kitchen appliances, full bathroom and laundry area. The expansive backyard is fully fenced and includes a large patio, perfect for outdoor entertaining.

Recent updates include roof, furnace, and hot water tank (2010). Whether you choose to renovate and modernize or redevelop entirely, this property is a rare find in a prime location—just steps from Elboya School, Stanley Park, the Elbow River, and transit, with Chinook Mall and downtown Calgary only minutes away.

Don’t miss this chance to secure a premium lot in a rapidly transforming neighborhood!
Current real estate data for Single Family in Calgary as of Dec 17, 2025
116,738
Single Family Listed
3
Avg DOM
440
Avg $ / SqFt
$720,891
Avg List Price

Property Details

Price:
$798,000
MLS #:
A2191191
Status:
Active
Beds:
5
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Elboya
Listed Date:
Dec 15, 2025
Finished Sq Ft:
1,319
Lot Size:
5,995 sqft / 0.14 acres (approx)
Year Built:
1955
ElboyaSeparate/exterior Entry,full,suiteBack Lane,back Yard

Schools

Interior

Appliances
Electric Stove, Range Hood, Refrigerator, Washer/Dryer, Window Coverings
Basement
Separate/Exterior Entry, Full, Suite
Bathrooms Full
2
Laundry Features
In Basement

Exterior

Exterior Features
None
Lot Features
Back Lane, Back Yard
Parking Features
Off Street, Parking Pad
Parking Total
1
Patio And Porch Features
Patio
Roof
Asphalt Shingle

Financial

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Subdivisions in Calgary

Property Summary

    Located in the Elboya subdivision, 331 47 Avenue SW Calgary AB is a Single Family for sale in Calgary, AB, T2S 1C1. It is listed for $798,000 and features 5 beds, 2 baths, and has approximately 1,319 square feet of living space, and was originally constructed in 1955. The current price per square foot is $605. The average price per square foot for Single Family listings in Calgary is $440. The average listing price for Single Family in Calgary is $720,891. To schedule a showing of MLS#a2191191 at 331 47 Avenue SW in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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331 47 Avenue SW
Calgary, AB