CalgaryListings Insight This home at 301 46 Avenue SW, built in 1956. It is located in the community of Elboya and offers 1,857 sq ft of living space above grade. Highlights include a double garage, tile flooring, and a corner lot. Before writing, ask about recent comparable sales, inspection items, permits, basement development, and long-term resale fit. If rental income is part of the plan, verify suite legality, permits, insurance, lender treatment, and current lease details before removing conditions. This sale can help you understand current pricing in the area. Ask us how it compares with nearby active and recently sold homes. MLS® A2317240.
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This property sold in Elboya. Find out what your home could be worth in today’s market — no obligation.
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.
No previous MLS® listings on record for this property — this appears to be its first time offered. Want to know how often homes nearby change hands? Ask our team.
Elboya SchoolPublic (CBE) · Elementary/Junior High · 602 m · about 2 mins by carSchool website
Rideau Park SchoolPublic (CBE) · Elementary/Junior High · 1.0 km · about 7 mins by carSchool website
Earl Grey SchoolPublic (CBE) · about 6 mins by carSchool website
Western Canada High SchoolPublic (CBE) · about 7 mins by carSchool website
Central Memorial High SchoolPublic (CBE) · about 10 mins by carSchool website
St. Monica SchoolCatholic (CCSD) · about 7 mins by carSchool website
Distances and drive times are measured from the centre of Elboya, not from this address. Designation depends on address, grade, program and capacity and changes from year to year — check the CBE or Calgary Catholic finder before you buy.
Commute from Elboya
Destination
By car
By transit
Downtown Calgary
14 mins
31 mins
University of Calgary
17 mins
55 mins
Foothills Medical Centre
16 mins
59 mins
Mount Royal University
11 mins
40 mins
Calgary International Airport
23 mins
1 hour 6 mins
Westside Recreation Centre
16 mins
49 mins
Off-peak estimates measured from the centre of Elboya, not from this address. Live traffic varies.
Who lives in Elboya
1,835Population
2.5Average household size
55%Owner-occupied households
$94KMedian household income
17%Residents aged 0–14
2021 Census of Canada, via the City of Calgary community profile — long-term neighbourhood context, not current market activity. Full Elboya census profile →
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