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Cathy Gallagher 403-880-8299

SERVING YOUR CALGARY REAL ESTATE NEEDS



 
Data Last Updated November 5, 2026, 2:29 pm

 
Courtesy of Real Broker

Elbow Park 1 and Half Storey
Bedrooms 5 Bathrooms 3 Parking 2
No Floor Plan Available
$2,495,000
MLS® #:  A2356673
Address:  340 40 Avenue
Size: 2,703 sq. ft.
Days On Website:  ACCESS Days on Website

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Descriptions:

TIMELESS CHARACTER. EXTENSIVELY REBUILT. EXCEPTIONAL ELBOW PARK LOCATION. Set on a beautiful, tree-lined corner lot in East Elbow Park, this distinguished 1945 residence offers a compelling combination of architectural character, extensive reconstruction, and an established setting that simply cannot be replicated. With its traditional 1½-storey architecture, mature surroundings, and prominent south west corner position, the home captures the enduring appeal of one of Calgary's most sought-after inner-city neighbourhoods. Its corner setting provides an enhanced sense of openness, natural light, and street presence. Behind the timeless exterior lies a home that has been extensively rebuilt and thoughtfully renewed. The entire main floor and lower level have undergone comprehensive reconstruction, representing a substantial investment in the property's comfort, functionality, and longevity. From the completely redone kitchen, powder room and main floor spaces, to the rebuilt lower-level living spaces, three piece bath with steam shower, new laundry, and mechanical systems, the improvements extend well beyond cosmetic updates. The result is a beautifully revitalized residence that preserves the charm of its original architecture while delivering the comfort and convenience of modern living. Offering 5 bedrooms, 4 bathrooms, and 3774 square feet of developed living space, the home provides a welcoming balance of character and contemporary functionality. Upstairs, the second level is flooded with natural light. The primary suite is a true retreat, with a reading and coffee nook made for slow mornings, a spa-like ensuite, and a walk-in closet. Three additional bedrooms and a four-piece main bath complete the level, giving family and guests space of their own. The transformation continues outdoors, where newly completed landscaping, fence and irrigation system complement mature trees and private established grounds. The generous corner setting enhances the property's curb appeal, while a double detached garage provides everyday convenience. Situated in the coveted eastern enclave of Elbow Park, the location offers an exceptional inner-city lifestyle. The Elbow River pathways, neighbourhood parks, and Elbow Park School are close at hand, while downtown Calgary and the amenities of neighbouring communities are just minutes away. For buyers drawn to the character of an established home but hesitant to undertake extensive renovations, 340 40 Avenue SW presents a distinctive opportunity. The architectural charm, mature setting, and neighbourhood prestige remain, while the significant investment in rebuilding and modernizing the interior has already been made. A home with history. A residence thoughtfully renewed. An address that never goes out of style.

Status: Active
Includes: n/a
Site Influences:
Back Yard, Corner Lot, Underground Sprinklers
Legal Description:
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Location & Listing Info:
Zoning: Residential - Grade-Orien
Neighbourhood: Elbow Park
Lot Size: 0.11 sq.ft.
Lot Shape: Back Yard,Corner Lot,Underground Sprinklers
Zone: Zone CC
County: Calgary
Property Info:
Property Type: Residential Detached Single Family
Home Style: 1 and Half Storey
Year Built: 1945
Total Floor Area: 2,703 sq. ft.
Brokerage: Real Broker
Construction Type: Stucco
Front Exposure: S
Exterior:
Exterior: Stucco
Construction: Stucco
Frontage: 11.43M 37`6"
Front Exposure: S
Roof: Asphalt Shingle
Financial & Possession:
Tax: ACCESS Taxes
Possession: ACCESS Possession
Occupancy: ACCESS Occupancy
Seller's Rights Reserved: ACCESS Seller's Rights Reserved
Rooms:
Total Bedrooms: 5  (Bedrooms Above: 4)
Bathrooms: Full: 3 / Half: 1
Rooms Above: 9
Ensuite: Yes
Parking Plan Type: Concrete Driveway,Double Garage Detached,Heated Garage,Insulated
Garage: 1
Additional Info:
Heating: High Efficiency, Natural Gas
Basement: Full
Basement Type: Full
Floor Finish: Ceramic Tile, Hardwood
Fireplace Details: For Sale
Parking: Concrete Driveway, Double Garage Detached, Heated Garage, Insulated
Total Parking: 4 
Restrictions: Contact for Restrictions
Heating Type: High Efficiency,Natural Gas
Heating Fuel: High Efficiency,Natural Gas
# of Finished Fireplaces: 2
Restrictions: Restrictive Covenant
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Contact Cathy Gallagher -
100, 5810 - 2nd Street S.W., Calgary, Alberta, T2H 0H2
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Cathy Gallagher, Real Estate Professionals
100, 5810 - 2nd Street S.W., Calgary, Alberta T2H 0H2
Tel: 403-880-8299
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