Diane Richardson

Office Location

703 64 Ave SE #130
Calgary, AB T2H 2C3

Cell: 403.397.3706

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SE Calgary Homes for Sale $400,000 to $500,000 | MLS® Listings

Browse Southeast Calgary homes priced from $400,000 to $500,000, including townhomes, condos, detached homes and other residential properties when available. Compare communities, ownership costs, parking, condition and current MLS® listings.

SE Calgary homes for sale from $400,000 to $500,000

Explore current SE Calgary homes for sale from $400,000 to $500,000. This price range can include townhomes, larger condominium properties and detached homes when available, giving buyers a broader mix of housing options than lower price ranges.

Homes within the same budget can still differ substantially in location, floor plan, ownership structure, garage and parking arrangements, renovations, basement development, outdoor space and ongoing costs. Buyers should compare the complete property rather than focusing only on asking price or square footage.

  • Townhomes & Attached Homes Compare condominium and fee-simple ownership, monthly fees, maintenance responsibilities, parking, garages and outdoor space.
  • Detached Homes When Available Some detached properties may appear near the upper end of this range. Review lot size, property condition, basement development, parking and anticipated maintenance.
  • Total Ownership Costs Consider property taxes, insurance, utilities, condo fees where applicable and expected repairs or improvements alongside the purchase price.

Buyers can also compare broader SE Calgary homes for sale, citywide Calgary homes from $400,000 to $500,000 and Calgary condos under $500,000 to see how property type and location affect the options available within a similar budget.

What to Review in a SE Calgary Home from $400,000 to $500,000

For townhomes and condominium properties, confirm the ownership structure, monthly fees and what those fees include. Buyers should review available reserve fund information, financial statements, corporation insurance, bylaws, recent meeting minutes where available, planned repairs and any known or proposed special assessments.

For detached homes and fee-simple properties, consider the condition and age of the roof, windows, heating and hot-water systems, exterior components, grading, drainage and other items that may require future maintenance or replacement.

Finished basements, additions and significant renovations should be reviewed for available permits where applicable. Buyers should also consider an appropriate professional property inspection before removing applicable purchase conditions.

Listing availability, asking prices, property types, condo fees, measurements, renovations and property features can change. Buyers should verify current MLS® listing information, condominium documents, permits where applicable and property-specific details before making purchasing decisions.

Questions about SE Calgary homes for sale from $400,000 to $500,000?

Contact Diane Richardson at 403.397.3706, email diane@mypadcalgary.com or use the online contact form.

SE Calgary Homes for Sale $400,000 to $500,000

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246 Cranbrook Square SE
Cranston Calgary T3M 3E3

$449,900
Residential beds: 2 baths: 3.0 1,437 sq. ft. built: 2020

Main Photo: 246 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2352574
Photo 1: 246 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2352574
Photo 2: 246 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2352574
Photo 3: 246 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2352574
Photo 4: 246 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2352574
Photo 5: 246 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2352574
Photo 6: 246 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2352574
Photo 7: 246 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2352574
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Photo 40: 246 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2352574
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2352574
Bedrooms:
2
Bathrooms:
3
Year Built:
2020
Where nature, natural light, and effortless living come together in Cranston. Welcome to Zen Riverstone West, a rarely available 2020-built three-storey townhome that has never before been offered for sale. Offering over 1,700 sq. ft. of thoughtfully designed living space, a private fenced backyard, attached garage, and uninterrupted green-space views, this home offers the rare feeling of a private retreat while remaining close to everything Calgary has to offer. The inviting entry features 9-foot ceilings, luxury vinyl plank flooring, a welcoming foyer, front closet, and direct access to the oversized single attached garage, complete with a workbench and an impressive 21+ feet of depth. A separate basement door leads to a spacious undeveloped area with nearly 9-foot ceilings and excellent storage potential. Upstairs, natural light fills the bright living room, enhanced by soaring 9'11" ceilings and oversized windows overlooking the green hillside. Sliding glass doors, topped with a transom window, open to your private outdoor sanctuary. A few steps higher, the open-concept kitchen and dining area creates an ideal space for both everyday living and entertaining. The kitchen features quartz countertops, stainless steel appliances, abundant cabinetry, a breakfast bar, and a large pantry, while the generous dining area offers plenty of room for family and guests. A conveniently located half bath is tucked away down a private hallway. The upper level offers two generous bedrooms, each with a four-piece ensuite and spacious walk-in closet. A central laundry area includes a stacked washer and dryer, additional storage, and space for linens and laundry essentials. One bedroom also features a versatile study nook overlooking the green space, perfect for working from home or creating a quiet reading area. Outside, discover a backyard that feels like your own private escape. The fenced yard backs onto a natural hillside with no rear neighbours, providing uninterrupted green views, wildlife sightings, walking paths, and a peaceful connection to nature. The deck is ready for summer BBQs, while the complex takes care of mowing the backyard grass, included in the $275.56 monthly condo fee. Cranston offers an exceptional balance of nature and convenience. Enjoy being steps from walking trails, the Bow River, parks, playgrounds, and peaceful green spaces, with schools and convenience stores nearby. The Seton shopping district is only a short drive away, offering virtually every amenity you could need, while quick access to Stoney Trail and Deerfoot Trail makes commuting across Calgary easy. Private backyard. No rear neighbours. Green-space views. Two bedrooms with ensuites. Attached garage. Over 1,700 sqft. of living space. A 2020 build that has never been on the market. Discover the lifestyle waiting for you at Zen Riverstone West.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
3 (or more) Storey
Total Living Area:
1,436.95 sq. ft.
Main Level Finished Area:
658 sq. ft.
Upper Level Finished Area:
663 sq. ft.
Below Grade Finished Area:
279 sq. ft.
Condo Fee:
$275.56
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Insurance, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash
HOA Fee Frequency:
Annually
Front Exposure:
South
Unit Exposure:
South
Entry Level:
1
Levels:
Three Or More
End Unit:
2+ Common Walls
Total Rooms Above Grade:
6
Year built:
2020 (Age: 6)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms On Main:
0
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Num Ensuite Baths:
2
Plan:
2310016
Heating:
Central
Basement:
Full, Unfinished, None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Cement Fiber Board, Stone, Wood Frame
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
Yes
Garage Spaces:
1
Parking:
Garage Faces Front, Insulated, Single Garage Attached, Workshop in Garage
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
Laundry Room, Upper Level
HOA Fee:
$517.65
Condo Fee Frequency:
Monthly
Southeast
Z-name Not Listed
Cranston
Other
Dishwasher, Dryer, Electric Range, Range Hood, Refrigerator, Washer
N/A
None Known
Yes
Floor
Type
Size
Other
Main Floor
Living Room
17'1" × 13'2"
Main Floor
Kitchen
11'5" × 10'8"
Main Floor
Dining Room
13'7" × 10'5"
Upper Level
Bedroom - Primary
11'9" × 10'10"
Upper Level
Walk-In Closet
11'10" × 4'11"
Upper Level
Bedroom
12'4" × 11'9"
Upper Level
Walk-In Closet
5'11" × 5'
Upper Level
Library
8'6" × 5'10"
Upper Level
Laundry
4'11" × 3'3"
Basement
Furnace/Utility Room
17'2" × 12'9"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'11" x 5'
Upper Level
Yes
4
4'11" x 8'5"
Upper Level
Yes
4
4'11" x 8'5"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Breakfast Bar, High Ceilings, Quartz Counters, Recessed Lighting, Storage, Vinyl Windows
Exterior Features:
Lighting, Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Yard, Backs on to Park/Green Space, No Neighbours Behind
Num. of Parcels:
0
Fencing:
Partial
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
M-1
Listed Date:
Oct 15, 2026
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Listed by eXp Realty
Data was last updated October 15, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
80
Avg list price:
$569,450
Min list price:
$212,900
Max list price:
$2,499,000
Avg days on market:
34
Min days on market:
1
Max days on market:
142
Avg price per sq.ft.:
$373.31
These statistics are generated based on the current listing's property type and located in Cranston. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON

Buying a SE Calgary Home from $400,000 to $500,000

The $400,000 to $500,000 SE Calgary real estate market can offer buyers a broader mix of housing than lower price ranges, including townhomes, larger condominium properties and detached homes when available. The most useful comparison is not simply which home costs less, but what each property provides in space, ownership structure, parking, condition and ongoing expenses.

At this price point, buyers may be deciding between a newer townhome, an established attached property, a larger condo or a detached home near the upper end of the range. Those choices can involve very different responsibilities and long-term costs, making property-specific due diligence particularly important.

More Property Types to Compare This range can provide a wider mix of townhomes, attached properties, larger condos and detached homes when current inventory permits.
Garage & Outdoor Space Buyers may begin to see more attached garages, private yards, patios and other outdoor space, but these features vary widely between individual properties.
Condition Can Affect Value A lower-priced home requiring significant work can ultimately cost more than a higher-priced property with newer major components and fewer immediate repairs.

What Can $400,000 to $500,000 Buy in SE Calgary?

Depending on current inventory, buyers may find multi-bedroom townhomes, larger apartment-style condos, attached homes and some detached properties. The balance between property type, age, size and location changes from community to community.

Near the lower end of the range, buyers may have more condominium and attached-housing choices. Approaching $500,000 can occasionally bring detached homes into consideration, although availability, condition, location and lot characteristics can vary substantially.

Townhome: Condominium or Fee-Simple?

Two townhomes with similar asking prices may have very different ownership structures. Some are part of a condominium corporation with monthly fees and shared maintenance responsibilities, while others may be fee-simple properties where the owner is directly responsible for more exterior maintenance.

Confirm the ownership structure before comparing costs. For condominium townhomes, review the monthly fee, what it includes, reserve fund information, financial statements, insurance, bylaws, recent meeting minutes where available and any known or proposed special assessments.

Important Property Details to Compare

Roof & Exterior Review age and condition of roofing, siding or exterior finishes, windows, doors, drainage and other components that may require future repair or replacement.
Heating & Hot Water Check the age and condition of furnaces, hot-water systems, air conditioning and other mechanical equipment where applicable.
Basement Development Confirm how the basement is finished, what rooms are included and whether available municipal permit information supports significant development or alterations.
Renovation Quality Look beyond cosmetic upgrades and consider workmanship, materials, permits where applicable and the condition of underlying systems.
Garage & Parking Compare attached or detached garages, stall dimensions, driveway space, visitor parking and additional parking restrictions.
Lot & Outdoor Space Consider lot size, orientation, fencing, decks, patios, landscaping, drainage and the amount of exterior maintenance required.

Finished Basement Does Not Always Mean the Same Thing

A developed basement can add useful living space, but buyers should understand exactly what is included. Compare ceiling height, windows, bedroom configuration, bathrooms, storage, laundry, heating and the overall quality of the development.

Where a basement includes an additional kitchen, separate entrance or independently arranged living area, buyers should verify available permits and municipal records. Those features alone do not establish that the space is approved as a legal secondary suite.

Newer Townhome or Older Detached Home?

This is one of the more interesting comparisons that can arise near this price point. A newer townhome may offer contemporary finishes, lower immediate maintenance and a garage, while an older detached home may provide private land, more control over exterior improvements and no condominium corporation.

Neither option is automatically better. Buyers should compare the condition of major components, monthly fees, lot and parking needs, renovation plans, maintenance preferences and how long they expect the property to meet their needs.

Calculate the Total Cost of Ownership

A $450,000 townhome with condominium fees and a $495,000 detached home can have very different monthly and annual costs. Compare mortgage payments together with property taxes, insurance, utilities, condo fees where applicable and expected maintenance.

Buyers should also budget for less frequent but potentially significant costs such as roofing, windows, mechanical equipment, exterior maintenance and future renovations.

Professional Inspection and Permit Review

Buyers should consider an appropriate professional property inspection before removing applicable purchase conditions. A home that appears recently renovated can still contain older mechanical, electrical, plumbing or building components that warrant closer examination.

Significant renovations, additions, basement development and structural alterations should also be checked for available permits and applicable municipal records where appropriate.

What Changes in the $500,000 to $600,000 Range?

For buyers whose priority is a detached home, additional bedrooms, larger lots or more garage options, comparing the next price band can be useful. Depending on current inventory, moving above $500,000 may broaden the selection of detached homes and other property types.

Compare SE Calgary homes for sale from $500,000 to $600,000 alongside this page to see whether the additional purchase price provides features that are important to you.

Could the $300,000 to $400,000 Range Still Work?

Buyers who are comfortable with condominium or attached housing may also want to compare SE Calgary homes from $300,000 to $400,000. A lower purchase price may be worthwhile if the additional space, garage, lot or property type available in the $400K-$500K range is not essential to your needs.

Listing availability, asking prices, property types, condominium fees, measurements, renovations, permits and property features can change. Buyers should verify current MLS® listing information, condominium documents where applicable, municipal records and property-specific details before making purchasing decisions.

Get Help Buying a SE Calgary Home from $400,000 to $500,000

If you are comparing SE Calgary homes for sale from $400,000 to $500,000, Diane Richardson can help you review current listings, compare property types and understand important details such as ownership structure, condition, parking, renovations, basement development and ongoing ownership costs.

Call or Text Diane Ask about available properties, Southeast Calgary communities, home features, pricing or arranging a private showing.
Email Diane Send the property address or MLS® number along with any questions about a townhome, condo, detached home or other SE Calgary listing.
Use the Contact Form Share your preferred communities, budget, bedroom needs, garage requirements and other priorities for your Southeast Calgary search.

Comparing Townhomes and Detached Homes?

The $400,000 to $500,000 range can include different ownership and property types. Diane can help you compare condominium townhomes, fee-simple attached homes and detached properties when available, including the differences in monthly fees, maintenance responsibilities, parking, garages, outdoor space and property condition.

For condominium properties, buyers should review available reserve fund information, financial statements, corporation insurance, bylaws, recent meeting minutes where available, planned repairs and any known or proposed special assessments.

Questions About Renovations, Basements or Property Condition?

Homes in this price range may vary significantly in age and renovation history. Buyers should consider the condition of roofing, windows, heating and hot-water systems, exterior components, basement development and other major elements alongside cosmetic improvements.

Where significant renovations, additions or basement development are present, available permits and municipal records should be reviewed where applicable. Buyers should also consider an appropriate professional property inspection before removing applicable purchase conditions.

Not Sure Whether to Move Into the $500K-$600K Range?

Buyers looking for more detached-home options, additional bedrooms, larger lots or different garage configurations may benefit from comparing SE Calgary homes from $500,000 to $600,000. Diane can help you compare the available inventory and determine whether the additional purchase price provides features that matter to you.

Buyers who prefer a lower purchase price can also review SE Calgary homes from $300,000 to $400,000 to compare the trade-offs between price, property type, size and ownership costs.

Questions about SE Calgary homes for sale from $400,000 to $500,000?

Contact Diane Richardson at 403.397.3706, email diane@mypadcalgary.com or use the online contact form.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.