7824 Elbow Drive Sw, Calgary

$799,998

3 Beds
2 Baths
1,294 Sqft
.19 Acres
2 Garages

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.


Essential Information
MLS® #A2224380
Price$799,998
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage1,294
Acres0.19
Year Built1957
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address7824 Elbow Drive Sw
SubdivisionKingsland
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2V1K4
Amenities
Parking Spaces4
ParkingDouble Garage Detached
# of Garages2
Interior
HeatingForced Air, High Efficiency
CoolingNone
Has BasementYes
BasementFull, Exterior Entry
Interior Features

Granite Counters, Kitchen Island, Open Floorplan, Vinyl Windows, Closet Organizers, Recessed Lighting

Appliances

Dishwasher, Refrigerator, Window Coverings, Garage Control(s), Gas Range, Microwave, Range Hood, Washer/Dryer

Exterior
RoofAsphalt Shingle
ConstructionWood Frame, Brick, Wood Siding
FoundationPoured Concrete
Exterior Features

Fire Pit, Private Yard, Barbecue

Lot Description

Back Yard, Front Yard, Landscaped, Back Lane, Gentle Sloping, Rectangular Lot

Additional Information
ZoningH-GO
Listing Details
OfficeFirst Place Realty
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