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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.

Offered at $4,000,000, 409 40 Avenue SW is the premier estate-scale parcel within the Elbow River Estate Collection and one of the rarest Calgary riverfront lots available in the inner city. With almost half an acre of land and approximately 111 feet of Elbow River frontage, this property offers the scale, privacy, and presence required for a landmark custom luxury home in Elbow Park. For buyers searching for Calgary riverfront land, Elbow Park real estate, or a once-in-a-generation custom home site, this lot represents one of the most significant opportunities in the current market.


The offer window is extremely limited, with offers requested on or before 8:00 AM MST on July 14, 2026. Buyers considering this parcel should move quickly to evaluate design feasibility, architectural direction, construction budget, and offer strategy. As a builder partner for the Elbow River lots, Precedent Developments can help prospective buyers understand what can be built, how to position a luxury home on the site, and how to begin planning a residence that matches the scale and legacy potential of this exceptional riverfront property.

Key Details

Price

$4,000,000

Size

20,020 sq. ft.

River Frontage

111 ft.

Closing Date

July 14, 2026 at 2:00:00 p.m.

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Other Available Lots

View the other remaining available lot below

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.

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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.

View Lot

415 40 Avenue SW

415 40 Avenue SW combines generous lot size with approximately 98 feet of river frontage, creating a rare canvas for a refined Calgary estate home. With offers due July 22, this is a limited-time opportunity to pursue one of the larger parcels in the Elbow River release.

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640 Riverdale Avenue SW

640 Riverdale Avenue SW offers one of the deepest sites in the collection, with approximately 62 feet of river frontage and excellent potential for a private custom home. Offers are due July 24, giving buyers a defined and short timeline to move from interest to action.

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718 Riverdale Avenue SW

718 Riverdale Avenue SW is a well-proportioned riverfront lot with almost 200 feet of depth, offering a rare opportunity to build in one of Calgary’s most established luxury corridors. With offers due July 28, buyers should begin reviewing feasibility and design options now.

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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.

View Lot

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