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.
For sale
C$2,495,000
340 S 40th Ave SW, Calgary, AB T2S 0X4
5beds
2,703sqft
Single Family Residence
Built in 1945
4,791 Square Feet Lot
$-- Zestimate®
C$923/sqft
C$-- HOA
What's special
Tree-lined corner lotCompletely redone kitchenPowder roomRebuilt lower-level living spacesNew laundrySpa-like ensuiteWalk-in closet
- 1 day
- 51
- 7
Zillow last checked:
Listing updated:
Listed by:
Lena Mills, Associate,
Real Broker
Source: courtesy of Pillar9 System,MLS®#: A2356673
Originating MLS®#: Calgary
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Bedroom
- Level: Second
- Dimensions: 15`3" x 10`9"
Bedroom
- Level: Second
- Dimensions: 10`11" x 13`7"
Bedroom
- Level: Second
- Dimensions: 12`5" x 8`8"
Other
- Level: Second
- Dimensions: 17`2" x 21`4"
Bedroom
- Level: Lower
- Dimensions: 13`4" x 12`11"
Other
- Level: Main
Other
- Level: Second
Other
- Level: Lower
Other
- Level: Second
Breakfast nook
- Level: Main
- Dimensions: 18`11" x 9`11"
Den
- Level: Main
- Dimensions: 13`2" x 8`4"
Dining room
- Level: Main
- Dimensions: 13`7" x 11`2"
Family room
- Level: Main
- Dimensions: 11`4" x 12`7"
Game room
- Level: Lower
- Dimensions: 16`11" x 29`1"
Kitchen
- Level: Main
- Dimensions: 15`4" x 12`7"
Living room
- Level: Main
- Dimensions: 13`4" x 19`0"
Heating
- High Efficiency, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Gas Range, Microwave, Range Hood, Refrigerator, Washer
- Laundry: Lower Level
Features
- Bookcases, Built-in Features, Chandelier, Closet Organizers, Double Vanity, Granite Counters, Pantry, Separate Entrance, Walk-In Closet(s), Wired for Sound
- Flooring: Ceramic Tile, Hardwood
- Doors: French Doors
- Windows: Wood Frames
- Basement: Full
- Number of fireplaces: 2
- Fireplace features: Basement, Gas, Great Room, Mantle
Interior area
- Total interior livable area: 2,703 sqft
- Finished area above ground: 2,703
- Finished area below ground: 1,071
Property
Parking
- Total spaces: 4
- Parking features: Concrete, Double Garage Detached, Heated Garage, Insulated
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One and One Half,1 and Half Storey
- Stories: 1.5
- Patio & porch: Deck, Patio
- Exterior features: Private Yard
- Fencing: Fenced
- Frontage length: 11.43M 37`6"
Lot
- Size: 4,791 Square Feet
- Features: Back Yard, Corner Lot, Underground Sprinklers
Details
- Parcel number: 112048624
- Zoning: Residential - Grade-Orien
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1945
Community & HOA
Community
- Features: Park, Sidewalks
- Subdivision: Elbow Park
HOA
- Has HOA: No
Location
- Region: Calgary
Financial & listing details
- Price per square foot: C$923/sqft
- Date on market: 11/5/2026
- Inclusions: n/a
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Elbow Park
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.







