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Attention Investors &#38' Developers! Prime Inner-City Development Opportunity
An exceptional 8,200 sq. ft. (60&#39' x 135&#39') lot with Back lane and H-GO zoning, offering the potential for 12 suites—six row-homes with six basement suites—and up to 12,300 sq. ft. of buildable area. This makes it an ideal project for Multi-family project such as CMHC MLI SELECT financing.

The property features a modern, open-concept 3-bedroom, 2-bathroom bungalow with hardwood floors, an updated kitchen and bathrooms, and a spacious ensuite with heated floors—blending elegance with functionality. Henry Wise Wood High School, it has a strong tradition of academic achievement, offering programs such as: International Baccalaureate (IB), Gifted &#38' Talented Education (GATE)
– Expansive 60&#39' x 135&#39' lot with extensive decking.
– Oversized finished garage (22&#39' x 24&#39') for added convenience.
– Newer windows &#38' mechanicals (high-efficiency furnace &#38' water heater).
– Located in Kingsland, one of Calgary’s top-ranked neighborhoods for walking, biking, and transit access.
– Minutes from downtown, with excellent express transit options (Bus #3, C-Train etc.).
– Prime location on Elbow Drive, steps from shopping, delis, restaurants, Glenmore Reservoir, Chinook Centre, and even Starbucks just steps away!

An outstanding investment opportunity to hold with cash flow potential while planning for future development.


Current real estate data for Single Family in Calgary as of Sep 05, 2025
4,188
Single Family Listed
43
Avg DOM
474
Avg $ / SqFt
$824,845
Avg List Price

Property Details

Price:
$799,998
MLS #:
A2224380
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Kingsland
Listed Date:
Sep 3, 2025
Finished Sq Ft:
1,294
Lot Size:
8,202 sqft / 0.19 acres (approx)
Year Built:
1957
KingslandSeparate/exterior EntryFullBack LaneBack YardFront YardGentle SlopingLandscapedRectangular Lot

Schools

Interior

Appliances
Dishwasher, Garage Control(s), Gas Range, Microwave, Range Hood, Refrigerator, Washer/ Dryer, Window Coverings
Basement
Separate/ Exterior Entry, Full
Bathrooms Full
2
Laundry Features
Other

Exterior

Exterior Features
Barbecue, Fire Pit, Private Yard
Lot Features
Back Lane, Back Yard, Front Yard, Gentle Sloping, Landscaped, Rectangular Lot
Lot Size Dimensions
60 ft x 135 ft
Parking Features
Double Garage Detached
Parking Total
4
Patio And Porch Features
Deck
Roof
Asphalt Shingle
Sewer
Public Sewer

Financial

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Subdivisions in Calgary

Property Summary

    Located in the Kingsland subdivision, 7824 Elbow Drive SW Calgary AB is a Single Family for sale in Calgary, AB, T2V1K4. It is listed for $799,998 and features 3 beds, 2 baths, and has approximately 1,294 square feet of living space, and was originally constructed in 1957. The current price per square foot is $618. The average price per square foot for Single Family listings in Calgary is $474. The average listing price for Single Family in Calgary is $824,845. To schedule a showing of MLS#a2224380 at 7824 Elbow Drive SW in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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