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1017 38 Avenue SW
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Beds
4
Baths
3 full + 1 half
Sqft
1,695
Year
1913
Type
Single Family
On market
6d
A rare opportunity to own a piece of Calgary history—or create its next chapter. Perched on a prominent rise in the heart of Elbow Park overlooking the beautiful Elbow River valley, this extraordinary residence is believed to have been the original clubhouse for the historic Earl Grey Golf Course. Rich in character and architectural significance, the home has been thoughtfully updated over the years while preserving the craftsmanship and charm that make heritage properties so special.Set on a large, private, south-facing lot surrounded by mature trees and established landscaping, the property offers a peaceful setting in one of Calgary’s most sought-after neighbourhoods. A covered porch captures valley views, while the expansive yard provides exceptional privacy and a rare connection to nature just minutes from downtown.Inside, historic character blends seamlessly with modern comfort. Original coffered ceilings in the kitchen and living room, timeless architectural details, hardwood flooring, renovated bathrooms, air conditioning, and updated mechanical systems reflect a careful balance of preservation and modernization. The kitchen is designed for both everyday living and entertaining, featuring granite countertops, tile backsplash, quality appliances including a gas stove, a Kinetico water purification system, and abundant workspace.The upper level is dedicated to an impressive primary retreat complete with a gas fireplace, heated ensuite floors, quartz countertops, and a peaceful atmosphere that feels removed from the pace of city life. The finished lower level offers additional living space with a family room, bedroom, full bathroom, and laundry area.Large windows throughout the home frame mature landscaping including pine, lilac, crabapple, mountain ash, caragana, columnar poplar, and spruce trees, creating beautiful views in every season.Beyond the home itself, the property presents exceptional future potential. The elevated south-facing lot, mature setting, and Elbow River valley views provide a compelling opportunity for those considering a custom estate residence in one of Calgary’s premier neighbourhoods. Whether your vision is to preserve and enjoy a unique piece of Calgary’s history or create a legacy home for future generations, this is a setting that rarely becomes available.Ideally located near river pathways, Sandy Beach Park, the Glencoe Club, excellent schools, neighbourhood parks, and the shops and restaurants of 4th Street and 17th Avenue, this is a truly special property where history, character, location, and opportunity converge. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 14.50 Ft x 23.50 Ft | |
| Laundry room | 4.58 Ft x 8.67 Ft | |
| Bedroom | 10.50 Ft x 13.17 Ft | |
| 4pc Bathroom | 4.92 Ft x 13.42 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 10.58 Ft x 11.50 Ft | |
| Dining room | 7.33 Ft x 11.50 Ft | |
| Foyer | 7.33 Ft x 11.50 Ft | |
| Living room | 14.25 Ft x 17.67 Ft | |
| Bedroom | 9.58 Ft x 14.17 Ft | |
| Bedroom | 11.42 Ft x 14.17 Ft | |
| 2pc Bathroom | 6.00 Ft x 8.67 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Den | 9.17 Ft x 17.25 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 14.83 Ft x 15.17 Ft | |
| 3pc Bathroom | 8.25 Ft x 9.25 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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Commute
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Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 3, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.