$ 4,000,000

409 40 Avenue Sw, Calgary

Now Available | Nearly 22,000 sq. ft. | Approx. 111 ft of Elbow Riverfront: Seven. That’s the number of riverfront lots in the final phase of the prestigious inner-city community of Elbow Park. With almost half an acre of land and 111’ of river frontage, this expansive property will make a gracious estate, a legacy. A singular opportunity for breathing space, calm and the tranquility of nature whilst remaining in the centre of the vibrant city.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. (id:1945)
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Property details for 409 40 Avenue Sw, Calgary

Type
Lots and Land
Lot Size
1860.00
Ownership
Freehold
Annual Taxes
$12,488 (2026)

Nearby Listings Stat

Estimated price and comparable properties near 409 40 Avenue Sw

Active Listings
579
Min Price
$10,000
Max Price
$10,000,000
Avg Price
$812,341
Days on Market
66
days
Sold Listings
247
Min Sold Price
$125,000
Max Sold Price
$6,000,000
Avg Sold Price
$854,252
Days until Sold
71
days

Neighbourhood Census Data

Calgary, Alberta

Population
604
Median Age
40.2
Median Income
$95,808
Dwelling Value
$1,646,706

Housing Tenure

Owners 91%
Renters 9%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 3.2
Pop. Density: 2,489.7/km²
Avg Shelter Cost: $2,554/mo
Owners with Mortgage: 36.7%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 0%
English only: 79.3%
English and French: 20.7%
Median Household Income: $396,288
Median Employment Income: $69,888

Price History

Listed
June 27, 2026
by The Real Estate District
Current Price
$4,000,000
Type
Lots and Land
For Sale
409 40 Avenue Sw

Contact Agent Get in touch about 409 40 Avenue Sw, Calgary

Giedre Vitkauskaite
Giedre Vitkauskaite
The Real Estate District