407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962

Elbow Park

Welcome to Elbow Park, one of Calgary’s most historic and prestigious residential neighborhoods,

celebrated for its elegant homes, mature tree-lined streets, and vibrant community spirit.



Historic Significance

Established in 1910 and annexed by the City of Calgary in 1907, Elbow Park stands as one of the city’s oldest communities, rich in heritage and architectural charm.







Architectural Elegance

The neighborhood showcases a blend of historic and modern residences, with many original early 20th-century homes meticulously preserved or tastefully renovated, reflecting a commitment to maintaining its unique character.







Proximity to Downtown

Situated just 3 kilometers from Calgary’s downtown core, Elbow Park offers residents the tranquility of suburban living with the convenience of easy access to urban amenities, including shopping, dining, and entertainment venues.







Educational Excellence

The community is served by reputable schools, including Elbow Park Elementary and William Reid Bilingual Elementary, providing quality education options for families.







Recreational Amenities

Elbow Park boasts a variety of recreational facilities, including playgrounds, skating rinks, tennis courts, and proximity to River Park and Stanley Park, offering residents ample opportunities for outdoor activities and leisure.







Active Community Association

The Elbow Park Residents Association, established in 1930, is the oldest community association in Calgary. It actively organizes events and programs that foster a strong sense of community and engagement among residents.





Forgot password Extend Verify Contact
Main Photo: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
Photo 1: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
Photo 2: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
Photo 3: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
Photo 4: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
Photo 5: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
Photo 6: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
Photo 7: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
Photo 8: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
Photo 9: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
Photo 10: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
Photo 11: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
Photo 12: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
Photo 13: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
Photo 14: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
Photo 15: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
Photo 16: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
Status:
Active
Prop. Type:
Land
MLS® Num:
A2323962
Seven. That’s the number of riverfront lots in the final phase of the prestigious inner-city community of Elbow Park.A lovely deep property of over 170’ with 62’ of river frontage, this land offers a generous build site and an opportunity to create a real natural urban retreat. Across the river trees shroud the riverbank creating even more privacy. With a south facing back yard warmth and sunlight abound.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. Offers requested on or before 8:00 am MST on July 16, 2026.
Property Type:
Land
Property Sub Type:
Residential Land
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
9,644 sq. ft.
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Bathrooms:
- (Full:-, Half:-)
Plan:
5584R
Ensuite:
No
Garage:
No
Southwest
Elbow Park
N/A
Development Restriction, Restrictive Covenant
Title to Land:
Fee Simple
Lot Features:
No Neighbours Behind
Waterfront Features:
River Front
Num. of Parcels:
0
Fencing:
None
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
Jun 26, 2026
Days on Mkt:
  • Photo 1: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
    Photo 1 of 16
  • Photo 2: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
    Photo 2 of 16
  • Photo 3: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
    Photo 3 of 16
  • Photo 4: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
    Photo 4 of 16
  • Photo 5: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
    Photo 5 of 16
  • Photo 6: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
    Photo 6 of 16
  • Photo 7: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
    AI Generated for Inspiration only
  • Photo 8: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
    Photo 8 of 16
  • Photo 9: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
    Photo 9 of 16
  • Photo 10: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
    Photo 10 of 16
  • Photo 11: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
    Photo 11 of 16
  • Photo 12: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
    Photo 12 of 16
  • Photo 13: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
    Photo 13 of 16
  • Photo 14: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
    AI Generated for Inspiration only
  • Photo 15: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
    AI Generated for Inspiration only
  • Photo 16: 407 40 Avenue SW in Calgary: Elbow Park Residential Land for sale : MLS®# A2323962
    Photo 16 of 16
Listed by The Real Estate District
Data was last updated July 14, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
79
Avg list price:
$1,350,000
Min list price:
$380,000
Max list price:
$40,000,000
Avg days on market:
74
Min days on market:
7
Max days on market:
3,269
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations. This data is not produced by the MLS® system.
powered by myRealPage.com

Why Choose Elbow Park?

Elbow Park seamlessly combines historic charm with modern conveniences, offering a unique living experience characterized by elegance, community spirit, and accessibility. Its rich heritage, active community involvement, and proximity to both natural landscapes and urban centers make it a highly desirable neighborhood for discerning homeowners.

Experience the Elbow Park Lifestyle

Living in Elbow Park means being part of a community that values tradition, quality of life, and neighborly connections. Whether you’re enjoying a leisurely stroll along the Elbow River, participating in community events, or exploring nearby urban amenities, Elbow Park provides a distinguished and fulfilling living experience for all its residents.