pillar/IMG-A2336522_1.jpg
13 hours on Market

1940 48 Ave, Calgary, Alberta T2T 2T3

Detached
3 + 1
4 + 1
~2527.00 sqft
$2,179,000
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Detached
3 + 1
4 + 1
~2527.00 sqft

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Highlights

Property Estimate

Days on market13 hours

Estimated valueNot available

Price/Sqft$862/sqft

Monthly cost

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Description

A distinguished residence of exceptional quality, timeless sophistication & impeccable craftsmanship, this remarkable custom home was built by Niro Developments & elevated through an extensive collection of thoughtfully curated interior & exterior enhancements. Offering over 3,740 sq. ft. of beautifully living space & 4 bedrooms, the result is a residence of rare refinement, impressive scale & effortless livability. A striking arrival sets the tone, with soaring 9 & 10-foot ceilings, oversized windows, rich site-finished hardwood, designer lighting, extensive custom millwork & built-ins, plus elegant 8 ft solid-core doors. Every detail has been meticulously considered, creating interiors that feel grand & enduring. The main floor is composed for refined entertaining & everyday living, with a private den/office offering an elegant retreat just off the principal living spaces. Framed by custom millwork & natural light, this sophisticated den provides an ideal setting for working from home. At the heart of the home, the chef’s kitchen is a true architectural showpiece. Custom cabinetry, luminous quartz surfaces, an exquisite herringbone marble backsplash & an expansive statement island create an exceptional setting for family & entertaining. A premium Wolf & Sub-Zero appliance collection completes the space. Open & connected to the dining & living areas, the kitchen forms the natural center of the home. The living room is anchored by a dramatic floor-to-ceiling marble fireplace surround, framed by built-ins & abundant natural light. Throughout, luxurious materials are balanced with warm wood tones, refined detailing and beautifully proportioned rooms, resulting in an aesthetic that is polished & timeless. Upstairs, the private primary retreat provides a serene escape with a lavish 5-piece ensuite wrapped in beautiful marble & appointed with a steam shower, freestanding soaker tub & expansive dual vanity, creating a spa-inspired sanctuary. Two additional generously proportioned bedrooms are complemented by a 5-piece guest bath, offering excellent accommodations for family or guests. The fully developed lower level features luxury vinyl plank heated floors, a bistro-style wet bar, expansive recreation room, wine room, fourth bedroom & custom-designed children’s hideaway beneath the staircase. Equally suited to entertaining, movie nights, guests or family living, this level delivers luxury and versatility. Beyond the interiors, a private landscaped sanctuary unfolds amid mature trees & established greenery. The expansive outdoor entertaining area is anchored by a spectacular stone fireplace, creating an intimate setting. Ideally positioned moments from River Park, exceptional schools, playgrounds and highly desirable amenities, this is a rare opportunity to own a residence where architectural sophistication, fine materials & craftsmanship converge. An extraordinary expression of enduring luxury & design, this home offers exceptional quality, detail & livability.


Property Details

Style2 Storey
View-
Age of property2013
SqFt~2527.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2336522
Community NameAltadore
Data SourcePILLAR 9
Listing byRE/MAX First

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full,Finished,None

Main Floor

Foyer

8`9" x 8`4"

Den

12`0" x 11`0"

Kitchen

23`0" x 9`9"

Dining Room

14`0" x 13`0"


Features

Patio: Patio

Parking

Garage spaces 2

Garage type -

Other parking spaces 0

Total parking spaces 2


Property History

Aug 11, 2026
ListedActive
$2,179,000
13 hours on market
history photo preview33
Listing by pillar 9®
Property listed by RE/MAX First, Brokerage
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Market Data - Altadore

Geo Zone Map ThumbnailAltadore

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

22 days

Compared to

2025

52 days

2024

29 days

2023

40 days

New Listings

Past 30 days

12 listings

Compared to

2025

8 listings

2024

2 listings

2023

12 listings

Units sold

Past 30 days

5 units

Compared to

2025

5 units

2024

3 units

2023

6 units

Median Sold Price

Past 30 days

$1,295,000

Compared to

2025

$1,220,000

2024

$975,000

2023

$1,532,500


Population and Demographics

Overview

Total population 6390
Average household income $290,651

Age (%)

0 to 19
26%
20 to 34
18%
35 to 49
27%
50 to 64
19%
65 and plus
11%

Household composition (%)

Single family
67%
Single person
29%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
89%
Others
4%
French
3%
Spanish
1%
Yue (Cantonese)
1%

House tenancy (%)

Owners
73%
Renters
27%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget