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Calgary · Single Family · under $2,400,000 · 4+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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628 Elbow Drive SW
Ideally located within walking distance to downtown, the Glencoe Club, the shops and restaurants of 4th Street and 17th Avenue, and all levels of schooling, this charming traditional home offers an exceptional lifestyle in one of Calgary's most sought-after inner-city locations. Situated directly across from the Elbow River and its extensive pathway system, this exceptional property combines urban convenience with outstanding access to nature, recreation, and some of Calgary's most desirable amenities. Set on an incredibly private, gated 1/3-acre (50' x 330') flat lot, a rare offering in this premier location, the property boasts outstanding curb appeal with its timeless brick and stone exterior, welcoming front patio, mature landscaping, and park-like backyard. The expansive grounds also provide exceptional parking and storage with a rare triple detached garage, creating a unique opportunity to own a wonderful family home on an extraordinary lot. This beautifully maintained home has benefited from numerous recent improvements throughout. The entire interior has been freshly painted, all flooring has been professionally stained, and all interior light fixtures have been replaced. Significant mechanical upgrades include new plumbing throughout, updated electrical systems, two furnaces, a new water heater (2026), and central air conditioning. The main floor offers spacious principal rooms, including a formal living room, dining room, private office, laundry room, and a generous family room addition overlooking the park-like backyard. The fully renovated kitchen is equipped with a large island, professional-grade appliances, a wine refrigerator, new backsplash and countertops, including a new washer and dryer, and a new oven and microwave in 2025. A renovated powder room and electric fireplace complete the main level. Upstairs, four generously sized bedrooms provide excellent family accommodation. The primary suite features a walk-in closet and private ensuite, while t wo full bathrooms have been beautifully renovated. The staircase railing has also been replaced, adding to the home's updated appeal. The redeveloped lower level offers a spacious family/recreation room, guest bedroom, full bathroom, new carpeting, and upgraded mechanical systems. Additional exterior improvements include refinished garage flooring, deck flooring, and a restored chimney, all completed in 2026. Featuring hardwood flooring throughout, abundant natural light, three fireplaces, and beautifully proportioned living spaces, this move-in-ready property seamlessly combines timeless character with thoughtful modern updates in one of Calgary's premier neighborhoods. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 5.33 Ft x 6.25 Ft | |
| Bedroom | 15.50 Ft x 18.92 Ft | |
| Recreational, Games room | 16.83 Ft x 25.25 Ft | |
| Furnace | 5.25 Ft x 13.08 Ft | |
| Workshop | 10.67 Ft x 13.67 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 6.00 Ft x 2.92 Ft | |
| Breakfast | 10.50 Ft x 8.17 Ft | |
| Dining room | 15.00 Ft x 12.00 Ft | |
| Family room | 19.00 Ft x 17.67 Ft | |
| Foyer | 7.58 Ft x 7.00 Ft | |
| Kitchen | 17.17 Ft x 20.58 Ft | |
| Laundry room | 5.92 Ft x 7.67 Ft | |
| Office | 11.67 Ft x 11.83 Ft | |
| Living room | 23.58 Ft x 13.17 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 7.17 Ft x 3.92 Ft | |
| 4pc Bathroom | 7.17 Ft x 8.67 Ft | |
| Bedroom | 10.92 Ft x 19.50 Ft | |
| Bedroom | 14.17 Ft x 15.50 Ft | |
| Bedroom | 12.50 Ft x 11.75 Ft | |
| Primary Bedroom | 13.58 Ft x 13.17 Ft | |
| Other | 9.42 Ft x 7.17 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
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
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).
Cash on cash
-0.59%
Cap rate
4.75%
GRM
13.9
Break-even rent
$13,427
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 28, 2026.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
5.7 km away
7.0 km away
8.7 km away
11.1 km away
Al Madinah Islamic Centre
13.2 km away
Elementary
6.6 km away
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
6.6 km away
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
8.6 km away
Halal grocery
Amir Halal Meats & Grocery
6.7 km away
Shaheen Grocery, Bakery & Halal Meat
11.5 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.