CalgaryListings Insight Tucked into the community of Elboya, this 5-bedroom home at 601 Madison Avenue SW was built in 2026 and includes 6.5 bathrooms and 4,495 sq ft of living space above grade. Highlights include a fully finished basement and a double garage. For new construction, review builder terms, deposit structure, possession timelines, warranty coverage, GST treatment, and what is actually included. MLS® A2340061.
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Perfectly positioned on a private corner lot in the heart of one of Calgary's most coveted inner-city communities, this 57 x 121 ft elevated parcel enjoys a sunny south-facing backyard and comes with an approved development permit — ready for immediate execution.
This architecturally distinguished two-storey residence, complete with private elevator, marks the second luxury collaboration from an exceptional team: Timeless Developments, Smith Erickson, and Reverie Design — a partnership renowned for uncompromising craftsmanship and refined design sensibility.
Ideally situated moments from the scenic Elbow River pathways and Stanley Park, this address offers effortless access to the boutiques and dining of Britannia Plaza, along with proximity to some of the city's most highly regarded schools. It is a rare convergence of privacy, prestige, and walkable inner-city convenience.
For the discerning buyer seeking a true custom-built luxury home — one where every design detail can be curated to reflect your personal vision — this is an unparalleled opportunity to build something truly your own, in a setting few properties can rival.
Property Taxes
$7,979/yr (2026)
Listing Information
MLS® NumberA2340061
StatusActive
List Price$3, 990, 000
Days on Market8 days
OccupancyNew; Never Occupied
Property Details
Property TypeDetached
Architectural Style2 Storey
ZoningR-CG
Above-Grade Sq Ft4, 495 sq ft
Year Built2026
Bedrooms5
Full Bathrooms6
Half Bathrooms1
Total Bathrooms6.5
Interior
BasementFull, Finished, None
FlooringSee Remarks
Fireplaces0
HeatingForced Air
Air ConditioningNone
Exterior & Parking
ExteriorSee Remarks
RoofAsphalt Shingle
FoundationPoured Concrete
Garage Spaces2
Total Parking2
Patio / DeckPatio, See Remarks
Site & Lot
Lot Size6, 027 sq ft
Lot Acres0.14 acres
Lot Width102.79
Lot FeaturesBack Yard
Legal Description6153AC;18;25
Inclusions
See Remarks
Room Dimensions
Main Level
3pc Bathroom8`2" × 8`0"
Pantry10`7" × 8`0"
Bedroom14`10" × 12`6"
2pc Bathroom5`0" × 6`6"
Foyer24`6" × 12`6"
Kitchen24`6" × 17`2"
Dining Room16`0" × 17`2"
Great Room20`6" × 19`0"
Walk-In Closet5`0" × 8`0"
Upper Level
Bedroom12`0" × 12`6"
Walk-In Closet5`0" × 6`8"
Bedroom13`2" × 12`0"
5pc Bathroom12`2" × 5`5"
Bedroom12`0" × 14`6"
4pc Bathroom5`0" × 9`0"
Laundry7`6" × 9`0"
Loft20`6" × 19`0"
5pc Ensuite bath13`6" × 15`3"
Walk-In Closet17`3" × 10`3"
Bedroom - Primary17`0" × 19`6"
Basement Level
Storage12`4" × 14`2"
Exercise Room16`8" × 13`8"
Game Room12`8" × 14`1"
Mud Room9`0" × 9`11"
Furnace/Utility Room17`9" × 7`2"
3pc Bathroom7`0" × 9`4"
Living Room17`6" × 14`1"
Other19`0" × 18`2"
Walk-In Closet7`0" × 5`0"
Bedroom11`10" × 13`8"
Property History
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601 Madison Avenue SW has been listed 1 time before — see each asking price, what happened, and any sold prices.
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What did similar homes here actually sell for?
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Asking $3,990,000. That is about 86% above the $2,148,000 median sale price for detached homes in Elboya over September 2025 – August 2026, across 15 recorded sales. Those sales took 42 days on the market on average.
Aggregate MLS® statistics from our own published dataset (community medians, methodology). Medians are not adjusted for size, age or condition, and individual sold prices stay members-only under Alberta VOW rules.
Schools near this home
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.
Questions about this home
How much is 601 Madison Avenue SW?
601 Madison Avenue SW in Elboya is listed for sale at $3,990,000. It has been on the market 8 days.
How many bedrooms and bathrooms does 601 Madison Avenue SW have?
601 Madison Avenue SW in Elboya has 5 bedrooms and 6 bathrooms. The listing records 4,495 sq ft above grade. It is a detached house.
Is 601 Madison Avenue SW priced above or below the Elboya market?
Its $3,990,000 asking price is about 86% above the $2,148,000 median sale price for detached homes in Elboya (September 2025 – August 2026, 15 sales). Medians are not adjusted for size, age or condition.
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