Jerry Charlton Real Estate
Jerry Charlton, REALTOR®eXp Realty · Buyers only
Call 403 831 0842

7216 Elbow Drive SW, Calgary, AB T2V 1K1

$660,000
Court Ordered Sale
Residential Land in Kingsland · MLS® A2337514
Days on market64
Listed by TrustPro Realty, who represents the seller, not buyers.

Monthly cost to own

Mortgage payment$3,008/mo$528,000 loan · 4.79% 5-yr fixed · 25 yr
Tax + condo fee$378/mo$378 tax
Total monthly$3,386/mo$132,000 down (20%) · excludes insurance, utilities

Investor snapshot

vs. 2026 city assessment3% below ($682,000)
Occupancy

Buying a court ordered sale in Alberta

  • Can I put conditions on my offer? No. Financing must be in place before you offer. You can usually book a home inspection before the court date, but it can't be a condition.
  • Will they counter or negotiate? No. The court doesn't counter. All offers go before the judge on the court date, who accepts one and rejects the rest, or rejects them all.
  • How long until I know? Weeks to months while the lender's lawyer waits for a court date. Until the sale closes, the owner can pay the arrears and stop it.

I represent buyers only and negotiate these regularly. Call me before you write an offer.

About this property

Don’t miss this rare opportunity to purchase an oversized 7,276 sq. Ft. Lot at 7216 Elbow Drive SW. Located in a highly desirable and established central southwest community, this property offers excellent potential for redevelopment or a custom-built home (subject to city approval). The lot’s generous size and frontage provide flexibility rarely found in this area. Enjoy a truly central location with close access to shopping, schools, transit, parks, and major roadways. Minutes to Chinook Centre, Glenmore Reservoir, and downtown Calgary, this location combines everyday convenience with long-term value. Ideal for builders, investors, or buyers looking to secure premium land in a sought-after corridor.

Location