Property Details

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7824 Elbow Drive SW
Calgary (A2224380)

$799,998
3
2
1,294 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Attention Investors & Developers! Prime Inner-City Development Opportunity An exceptional 8,200 sq. ft. (60' x 135') 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 & Talented Education (GATE) - Expansive 60' x 135' lot with extensive decking. - Oversized finished garage (22' x 24') for added convenience. - Newer windows & mechanicals (high-efficiency furnace & 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.

Property details

Basic Info

MLS® #
A2224380
Property Type:
Residential
Subtype:
Detached
Subdivision:
Kingsland
Price
$799,998
Sale/Lease:
For Sale
Size:
1,294 sq.ft.
Bedrooms:
3
Bathrooms:
2
Year Built:
1957 (68 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
Yes
Parking:
Double Garage Detached
Fence:
Fenced
Basement:
Separate/Exterior Entry, Full
Features:
Closet Organizers, Granite Counters, Kitchen Island, Open Floorplan, Recessed Lighting, Vinyl Windows
Inclusions:
Garage Door Opener
Appliances:
Dishwasher, Garage Control(s), Gas Range, Microwave, Range Hood, Refrigerator, Washer/Dryer, Window Coverings
Laundry:
Other
Exterior Features:
Barbecue, Fire Pit, Private Yard
Patio/Porch Features:
Deck

Neighborhood Info

Nearby Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Lot / Land Info

Lot Size:
0.19 acres
Lot Dimensions:
60 ft x 135 ft
Lot Features:
Back Lane, Back Yard, Front Yard, Gentle Sloping, Landscaped, Rectangular Lot
Water:
Public
Sewer:
Public Sewer
Zoning:
H-GO

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Brick,Wood Frame,Wood Siding
Floors:
Ceramic Tile, Hardwood
Foundation:
Poured Concrete
Heating:
High Efficiency, Forced Air
Cooling:
None
Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Listing Info

Possession:
90 Days / Neg
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Your Agent

Grassroots Realty Group Ltd.
1-833-477-6687

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