331 47 Avenue Sw, Calgary

$798,000

5 Beds
2 Baths
1,319 Sqft
.14 Acres
0 Garages

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!

Essential Information
MLS® #A2191191
Price$798,000
Bedrooms5
Bathrooms2.00
Full Baths2
Square Footage1,319
Acres0.14
Year Built1955
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address331 47 Avenue Sw
SubdivisionElboya
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2S 1C1
Amenities
Parking Spaces1
ParkingOff Street, Parking Pad
Interior
Interior FeaturesStorage
HeatingForced Air, Natural Gas
CoolingNone
Has BasementYes
BasementExterior Entry, Full, Suite
FireplaceYes
# of Fireplaces1
FireplacesWood Burning Stove
Appliances

Electric Stove, Range Hood, Refrigerator, Washer/Dryer, Window Coverings

Exterior
Exterior FeaturesNone
Lot DescriptionBack Lane, Back Yard
RoofAsphalt Shingle
ConstructionWood Frame, Wood Siding
FoundationPoured Concrete
Additional Information
ZoningR-CG
Listing Details
OfficeRE/MAX First
LISTING MAP

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Real Estate Professionals Inc.
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