By the numbers
How this listing measures up
$/sqft
$538
vs Elboya median
-16%
community avg $1189K
Sqft per bedroom
—
Year built
1956
Annual taxes
$5,698
2025
Garage
2 spaces
About this property
Rare opportunity in sought-after Elboya. Situated on a prime 55' x 120' corner lot, this well-maintained legal triplex offers exceptional flexibility for investors, developers, and owner-occupiers alike. Whether you're looking to hold as a cash-flowing investment, explore redevelopment opportunities, or maximize density through future conversion, the possibilities here are endless. With similar corner parcels in the area currently being redeveloped, including an 8-unit project directly across the street, this property presents compelling long-term upside.
Ideally located just minutes from downtown and within walking distance to Stanley Park, the Elbow River pathway system, Britannia Plaza, schools, parks, transit, and major commuter routes, this is one of Calgary's most desirable inner-city locations.
The property consists of three well-maintained rental units with strong tenant appeal. Unit 303 occupies an entire side of the duplex and features an abundance of natural light, two spacious upper-level bedrooms, a generous living area, and a fully developed basement. Unit 301 has been thoughtfully configured into upper and lower suites, creating additional income potential. All units are well cared for, easily rentable, and offer attractive layouts for a wide range of tenants. Current occupants of Unit 303 have expressed interest in remaining, providing added stability for investors seeking immediate rental income.
Financial information is available upon request. An outstanding opportunity to secure a revenue-generating property with significant future potential in one of Calgary's premier inner-city communities.
Property details
| Flooring | Laminate,Parquet,Tile |
| Levels | One |
| Appliances | Dishwasher,Electric Range,Refrigerator,Washer/Dryer |
| Inclusions | N/A |
| Laundry | Common Area,In Unit,Multiple Locations |
| Lot size | 6587.00 sqft |
| Frontage | 55.15 ft |
| Lot features | Corner Lot |
| Year built | 1956 |
| Parking features | Double Garage Detached,Driveway,Garage Faces Side |
| Garage spaces | 2 |
| Parking total | 4 |
| Annual taxes | $5,698 |
| Tax year | 2025 |
| Possession | Negotiable,Subject To Tenancy |
| Zoning | R-CG |
| Title | Fee Simple |
| Restrictions | None Known |
| Neighbourhood | Elboya |
| Community features | Park,Playground,Pool,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths |
| List AOR | Calgary |
Location
Sold comparables in Elboya
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Sign up to see sold dataAbout Elboya
AI-generated summaryElboya is a quiet, established inner-city neighbourhood with a strong sense of community and mature tree-lined streets. Its proximity to the Elbow River pathway system gives it a peaceful, almost retreat-like feel close to the city core.
Borders Stanley Park, one of Calgary's most beloved green spaces
Located in the sought-after Elboya-Britannia area of southwest inner-city Calgary
Strong community association supports local events and hockey programs
Housing
The area features a mix of well-maintained mid-century bungalows and character homes alongside modern infills and luxury rebuilds.
Transit
Elboya is served by Calgary Transit bus routes and is within cycling distance of downtown via the Elbow River pathway; a car remains helpful for most errands.
Amenities
Residents enjoy easy access to Chinook Centre, Stanley Park, the Elbow River pathways, and the shops and restaurants along Macleod Trail and Britannia Plaza.
Who lives here
The neighbourhood attracts established families, professionals, and long-term homeowners who value stability, green space, and proximity to downtown.
This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.
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