2314 23rd Avenue SW, Calgary AB, T2T-0W2
Tel: 1 (587) 892-8039
407 40 Avenue SW
407 40 Avenue SW offers a deep, private Elbow Park riverfront lot with strong proportions for a custom luxury residence. With offers due July 16, buyers have a short window to secure one of Calgary’s rare inner-city riverfront building opportunities.

Offered at $2,500,000, 407 40 Avenue SW is a beautifully proportioned Calgary riverfront lot located in the prestigious community of Elbow Park. The property offers approximately 62 feet of river frontage and more than 170 feet of depth, creating a generous build envelope for a custom luxury home that connects directly to the natural river setting. With a south-facing backyard, mature tree coverage across the riverbank, and a deep urban retreat feel, this lot is ideal for buyers who want a private inner-city estate site with strong architectural potential.
Offers are requested on or before 8:00 AM MST on July 16, 2026, creating a short and defined window for buyers to act. This is the type of Elbow River lot where thoughtful design will be essential, from positioning the home to capture sunlight and river views to creating outdoor living areas that feel private, calm, and connected to nature. Precedent Developments can support interested buyers through the early planning process, including custom home feasibility, design direction, construction budgeting, and understanding how to turn this rare Calgary riverfront parcel into a long-term legacy residence.


Price
$2,500,000
Size
9,644 sq. ft.
River Frontage
62 ft.
Closing Date
July 16, 2026 at 2:00:00 p.m.
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409 40 Avenue SW
The largest estate parcel in the collection, 409 40 Avenue SW offers nearly half an acre of riverfront land with approximately 111 feet along the Elbow River. With offers due July 14, this is the first and most immediate opportunity for buyers seeking a landmark Calgary luxury home site.

708 Riverdale Avenue SW
Set along one of Calgary’s most desirable residential streets, 708 Riverdale Avenue SW offers approximately 75 feet of Elbow River frontage in an established luxury community. Offers are due July 20, making early planning essential for buyers looking to build a signature Riverdale Avenue custom home.




715 Sifton Boulevard SW
715 Sifton Boulevard SW is a unique wedge-shaped river-adjacent lot with over 200 feet of riverbank views and strong architectural potential. Offers are due July 30, making this a rare but time-sensitive opportunity for buyers looking to create a one-of-a-kind Calgary custom home.


