First Place Realty

Tom Tan

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.  




Attention: Investor and developer, 60x135’ lot with back lane with H-GO zoning, could have total 12 suites(six row-homes with six basement suits), up to 12,300SF buildable area, IDEAL FOR CMHC MLI SELECT project.  Modern open concert 3 bedroom 2 Bath large character bungalow , Hardwood floors and newer kitchen, bath and large ensuite boast real modern warmth - heated floors! and is elegant and functional. 

Some added features include 60x135' lot with extensive decking, an oversized finished garage (22x24'), newer windows and newer mechanicals (hi efficiency water and furnace). located in Kingsland, an inner-city community, ranked in the top 10% of all Calgary neighborhoods for walking, biking and transit and just minutes from D/T with excellent close express transit options(BUS #3, C-train)etc. This property is located on Elbow Drive steps away along the leafy boulevard from shopping, deli’s, restaurants, Glenmore Reservoir, Chinook Centre and (of course) Starbucks!
Great opportunity to hold and further development with current cash flow.
Listing agent has interest of the property

RE/MAX HOUSE OF REAL ESTATE

Sam Baker

Inner city gem! Are you an investor or buyer that likes to have options.. then this home is for you. Situated on a 60' X 134' treed lot. This property is a great holding property for future redevelopment. With proper city approval you can build a 4 plex or suite the basement. You don't need to decide now as the home is renovated and ready to move in. This stunning 3 bedroom bungalow with a modern and bright open concept layout. Feature’s include: original refinished hardwood flooring, beach-stone-mosaic flooring in the 2 baths and travertine tile in the front/back entrance and kitchen, modern style kitchen with granite countertops, stainless steel appliances, gas stove w/built-in downdraft exhaust fan, and built in microwave. The primary bedroom is spacious and has its own 3 pc ensuite with glass shower. There are also 2 good size kids bedrooms that share a 4pc bath. The massive—and yet inviting—backyard showcases a 758 sq/ft cedar deck that is perfect for entertaining or just lounging with family, and just in case the beautiful deck isn’t enough you also have a fire pit, running brook and pond all surrounded by mature trees.  Keep warm in the winter and cool in the summer with some newer windows and newer mechanicals (hi-efficiency furnace and water). The oversized, finished garage (22’ x 24')  is wired with 220V ready for your welder, table saw or future EV car. The basement, although unfinished, is roughed-in with plumbing, electrical and some framing and is patiently awaiting your ideas. Pride in homeownership, the home and has—over the years—completed many updates in addition to the windows and new mechanicals including: the roof, new driveway, exterior/interior paint, kitchen and bathrooms. This beautiful home is located on Elbow Drive in Kingsland (ranked in the top 10% of all Calgary neighborhoods for walking, biking and transit and is just minutes from D/T with excellent close express transit options. If D/T isn’t your scene, take a stroll along the leafy boulevard and enjoy Shopping, Deli Restaurants, Glenmore Reservoir, Chinook Center and (of course) Starbucks! Great holding property for future redevelopment. Book your showing and come on Buy!

7824 ELBOW DRIVE SW, Kingsland, Calgary, AB T2V1K4

History

Property Details

Rooms

Contact Agent for Questions/Viewing

Contact Agent for Questions/Viewing

Similar Listings

See more

Recently Sold Listings In Kingsland

See more

History

Property Details

Rooms

Contact Agent for Questions/Viewing

Contact Agent for Questions/Viewing

Similar Listings

See more

Recently Sold Listings .css-15ori97{font-size:26px;color:var(--chakra-colors-hdBlack-300);margin-left:var(--chakra-space-3);}In Kingsland

See more

Recently Sold Listings In Kingsland