$4,000,000

409 40 Avenue SW, Calgary, AB

MLS® A2324026 · Elbow Park

About 409 40 Avenue SW

Only two riverfront lots remain available in the final phase of the Elbow River Estate Collection, located in the prestigious inner-city community of Elbow Park.This exceptional parcel offers nearly 22,000 sq. ft. of land and approximately 111 ft. of Elbow River frontage, this expansive property will make a gracious estate, a legacy. A singular opportunity for breathing space, calm and the tranquility of nature whilst remaining in the centre of the vibrant city.These properties were acquired by the Province of Alberta while the water-flow system was being remediated and restructured following the 2013 floods. They are now being offered for sale through a transparent and structured process. Additional information is available. (id:67882)

How 409 40 Avenue SW compares to Elbow Park

  • Listed 138 days, against a Elbow Park average of 78 days.

Lot details

Property type
Vacant Land
Taxes
$12,488 / year
Days on market
138

Listing courtesy of The Real Estate District.

Listing information last updated November 5, 2026.

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Map of 409 40 Avenue SW, Elbow Park

Quick answers about Elbow Park real estate

What's the average home price in Elbow Park, Calgary?
As of November 12, 2026, the median asking price for the 11 homes for sale in Elbow Park is $2,599,000. Asking prices range from $1,089,000 to $9,800,000.
How long have homes in Elbow Park been on the market?
As of November 12, 2026, homes for sale in Elbow Park have been listed for an average of 78 days.
What's the cheapest home for sale in Elbow Park right now?
The lowest-priced home for sale in Elbow Park is 3217 Elbow Drive SW at $1,089,000, a 4 bedroom house.
What's the price per square foot in Elbow Park?
The median asking price per square foot in Elbow Park is $1,022, across 9 homes with a listed floor area.
Who is a REALTOR® that works in Elbow Park?
Derek Little is a REALTOR® with REMAX House of Real Estate serving Elbow Park and the rest of Calgary. Phone: 403-690-4960.

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