331 47 Avenue SW
Calgary T2S 1C1
MLS® Number: A2191191
$ 798,000
5
BEDROOMS
2 + 0
BATHROOMS
1,319
SQUARE FEET
1955
YEAR BUILT
Prime Opportunity in Highly Sought-After Elboya – Ideal for Redevelopment or Renovation! Located in one of Calgary’s most desirable communities, this 50’ x 120’ lot presents an exceptional opportunity for redevelopment or a stunning renovation. Surrounded by extensively updated homes and brand-new builds, this property is perfect for investors, builders, or homeowners looking to create their dream home. This charming mid-century residence offers solid bones, including original oak hardwood floors (sanded in 2022) and a bright, fully fenced, south-facing backyard with mature trees. The main level features a spacious living and dining area with original ceiling details and large picture windows that flood the space with natural light. The upper floor includes three generously sized bedrooms and a four-piece bathroom—ideal for families. The fully developed basement (unregistered illegal secondary suite DP started) provides additional living space with a large recreation/family room with wood burning stove (currently capped), bar, den, bedroom, kitchen appliances, full bathroom and laundry area. The expansive backyard is fully fenced and includes a large patio, perfect for outdoor entertaining. Recent updates include roof, furnace, and hot water tank (2010). Whether you choose to renovate and modernize or redevelop entirely, this property is a rare find in a prime location—just steps from Elboya School, Stanley Park, the Elbow River, and transit, with Chinook Mall and downtown Calgary only minutes away. Don’t miss this chance to secure a premium lot in a rapidly transforming neighborhood!
| COMMUNITY | Elboya |
| PROPERTY TYPE | Detached |
| BUILDING TYPE | House |
| STYLE | Bungalow |
| YEAR BUILT | 1955 |
| SQUARE FOOTAGE | 1,319 |
| BEDROOMS | 5 |
| BATHROOMS | 2.00 |
| BASEMENT | Separate/Exterior Entry, Full, Suite |
| AMENITIES | |
| APPLIANCES | Electric Stove, Range Hood, Refrigerator, Washer/Dryer, Window Coverings |
| COOLING | None |
| FIREPLACE | Wood Burning Stove |
| FLOORING | Carpet, Hardwood, Linoleum |
| HEATING | Forced Air, Natural Gas |
| LAUNDRY | In Basement |
| LOT FEATURES | Back Lane, Back Yard |
| PARKING | Off Street, Parking Pad |
| RESTRICTIONS | Restrictive Covenant |
| ROOF | Asphalt Shingle |
| TITLE | Fee Simple |
| BROKER | RE/MAX First |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| 4pc Bathroom | 4`11" x 9`6" | Basement |
| Bedroom | 13`4" x 22`1" | Basement |
| Den | 8`1" x 9`1" | Basement |
| Dining Room | 11`9" x 12`5" | Basement |
| Kitchen | 8`10" x 12`5" | Basement |
| Laundry | 6`9" x 5`3" | Basement |
| Game Room | 14`2" x 25`3" | Basement |
| Furnace/Utility Room | 10`7" x 7`10" | Basement |
| Foyer | 4`6" x 3`7" | Main |
| Living Room | 12`9" x 20`8" | Main |
| Dining Room | 12`7" x 10`1" | Main |
| Kitchen | 7`0" x 9`10" | Main |
| Bedroom | 13`2" x 10`2" | Main |
| 4pc Bathroom | 9`7" x 7`7" | Main |
| Bedroom | 13`2" x 10`2" | Main |
| Bedroom | 9`1" x 14`4" | Main |
| Bedroom - Primary | 10`4" x 14`5" | Main |
