$2,600,000

415 40 Avenue SW, Calgary, AB

MLS® A2324034 · Elbow Park

About 415 40 Avenue SW

Just two of the seven riverfront lots in the final phase of the Elbow River Estate Collection remain available in the prestigious inner-city community of Elbow Park. At more than a quarter of an acre of land and 98’ of river frontage, this is one of the larger parcels available. Truly an inner-city location, design will matter to take advantage of the river access while softening the proximity of Elbow Drive. This is an opportunity to combine the urban landscape with the natural environment while creating a legacy in one of Calgary’s deeply historic communities. 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. Now Open, More Than ¼ Acre with 98 FT of Elbow River Frontage. (id:67882)

How 415 40 Avenue SW compares to Elbow Park

  • Listed 138 days, against a Elbow Park average of 86 days.

Lot details

Property type
Vacant Land
Taxes
$7,936 / 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 415 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 10 homes for sale in Elbow Park is $2,399,450. Asking prices range from $1,089,000 to $4,650,000.
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 86 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 $975, across 8 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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