331 47 Avenue SW, Calgary   ||   $798,000

DETAILS

MLS® NUMBER A2191191
BUILDING TYPE Detached
PROPERTY CLASS Residential
TOTAL BEDROOMS 5
BATHROOMS 2
SQUARE FOOTAGE 1319 Square Feet
YEAR BUILT 1955
BASEMENT None
GARAGE No
TOTAL PARKING 1
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!
Listing Brokerage: RE/MAX First

MAP

Listing data is deemed reliable but is not guaranteed accurate by CREB®. Last updated: today at 3:00 a.m.

© 2025 CENTURY 21 Real Estate Foothills. CENTURY 21® is a registered trademark licensed to Century 21 Real Estate LLC. Equal Housing Opportunity. Each office is independently owned and operated.

Find Real Estate Foothills on Facebook Find Real Estate Foothills on Twitter