7824 Elbow Drive SW
Calgary T2V1K4
MLS® Number: A2224380
$ 799,998
3
BEDROOMS
2 + 0
BATHROOMS
1,294
SQUARE FEET
1957
YEAR BUILT
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.
| COMMUNITY | Kingsland |
| PROPERTY TYPE | Detached |
| BUILDING TYPE | House |
| STYLE | Bungalow |
| YEAR BUILT | 1957 |
| SQUARE FOOTAGE | 1,294 |
| BEDROOMS | 3 |
| BATHROOMS | 2.00 |
| BASEMENT | Separate/Exterior Entry, Full |
| AMENITIES | |
| APPLIANCES | Dishwasher, Garage Control(s), Gas Range, Microwave, Range Hood, Refrigerator, Washer/Dryer, Window Coverings |
| COOLING | None |
| FIREPLACE | N/A |
| FLOORING | Ceramic Tile, Hardwood |
| HEATING | High Efficiency, Forced Air |
| LAUNDRY | Other |
| LOT FEATURES | Back Lane, Back Yard, Front Yard, Gentle Sloping, Landscaped, Rectangular Lot |
| PARKING | Double Garage Detached |
| RESTRICTIONS | None Known |
| ROOF | Asphalt Shingle |
| TITLE | Fee Simple |
| BROKER | First Place Realty |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| Bedroom - Primary | 11`11" x 10`4" | Main |
| 4pc Bathroom | 8`1" x 6`10" | Main |
| Bedroom | 10`10" x 10`6" | Main |
| Dining Room | 11`0" x 9`7" | Main |
| 3pc Ensuite bath | 11`9" x 6`11" | Main |
| Bedroom | 12`2" x 8`4" | Main |
| Living Room | 17`1" x 16`6" | Main |
| Kitchen | 14`3" x 10`9" | Main |
