New Homes Calgary under $400,000

A "brand new build" homes for sale in Calgary under $400,000 refers to a property that has been recently constructed (2021) and has never been lived in before. These homes for sale in calgary are houses, condos and townhomes priced under $400,000 are typically built by a home builder or developer. Brand new build homes in Calgary or Brand new house for sale in NW Calgary can come with all the latest updates and features, these homes are built to the latest building codes and standards, These homes usually have modern finishes, open floor plans, and high-end appliances. Here are the latest Calgary new construction homes can be found here on our website, mypadcalgary.com by searching below for properties that have been recently built.. When you notice anything that sparks your curiosity and you're ready for a deeper look, kindly email, text, or get in touch with me. You are welcome to schedule a private viewing at any time.

Make a call to Diane Richardson at 403.397.3706

CONTACT DIANE RICHARDSON

When any Calgary Real Estate Listings looks interesting and you’d like a closer look please email, text or call and I’ll arrange your private viewing, at your convenience. You can reach me by phone or text at 403-397-3706 and email. Please be sure to include the property address or MLS® number for the listing you are interested in.

Take advantage of our proven marketing systems to list your home for sale in Calgary or contact me today to arrange a private showing of any property you see here on mypadcalgary.com.

How much does a new build cost in Calgary?

The cost of a new build in Calgary can vary depending on several factors, such as the size of the home, the materials used, the location of the property, and the complexity of the design.

As of 2021, the average cost to build a new single-family home in Calgary is approximately $250 to $350 per square foot. This means that a 2,000 square foot home could cost anywhere from $500,000 to $700,000 to build. However, it is important to note that these are just average estimates, and the actual cost of a new build in Calgary can vary significantly depending on the specific details and requirements of the project.

What are the newest communities in Calgary? (as of August 2021)?

  1. Belmont - located in the southwest of Calgary, Belmont is a new community that offers a mix of residential, commercial, and recreational spaces. It has a variety of housing options, including single-family homes, townhomes, and apartments.

  2. Cornerstone - situated in the northeast of Calgary, Cornerstone is a modern and sustainable community that offers a mix of residential, commercial, and institutional spaces. It has a variety of housing options, including single-family homes, townhomes, and duplexes.

  3. University District - located in the northwest of Calgary, University District is a new urban community that is designed to be walkable and bikeable. It offers a mix of housing options, including apartments, townhomes, and single-family homes, as well as retail and commercial spaces.

  4. Livingston - situated in the north-central part of Calgary, Livingston is a new master-planned community that offers a mix of residential and commercial spaces. It has a variety of housing options, including single-family homes, townhomes, and apartments.

  5. Yorkville - located in the southwest of Calgary, Yorkville is a new community that offers a mix of residential and commercial spaces. It has a variety of housing options, including single-family homes, townhomes, and duplexes.

Bonavista DownsSouthCalgary

BROWSE CALGARY NEIGHBOURHOODS

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  • 1212 Lake Sylvan Drive SE in Calgary: Bonavista Downs Detached for sale : MLS®# A2249941

    1212 Lake Sylvan Drive SE Bonavista Downs Calgary T2J 5N7
    Main Photo: 1212 Lake Sylvan Drive SE in Calgary: Bonavista Downs Detached for sale : MLS®# A2249941
    $549,000
    Residential
    Status:
    Active
    MLS® Num:
    A2249941
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,197 sq. ft.
    Welcome to Bonavista Downs, where opportunity meets location. This solid 1,200 sq. ft. bungalow sits on an oversized lot, offering incredible potential for first time home buyers, renovators or developers ready to bring their vision to life. With three bedrooms on the main level, a partially finished basement, and a massive backyard, the property is a blank canvas waiting for transformation. Homes like this, untouched for decades, are increasingly rare—making this a prime chance to modernize or redevelop in one of Calgary’s most sought-after lake communities. Just minutes from Bonavista Lake, residents enjoy access to year-round recreation, parks, schools, and amenities. Whether you’re looking to create your dream home or invest in a project with endless upside, this Bonavista Downs bungalow is full of promise. Book your showing today! More details
    Listed by RE/MAX Realty Professionals
    DIANE RICHARDSON
  • 1349 Lake Sylvan Drive SE in Calgary: Bonavista Downs Detached for sale : MLS®# A2221064

    1349 Lake Sylvan Drive SE Bonavista Downs Calgary T2J 3Z5
    Main Photo: 1349 Lake Sylvan Drive SE in Calgary: Bonavista Downs Detached for sale : MLS®# A2221064
    $849,990
    Residential
    Status:
    Active
    MLS® Num:
    A2221064
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,054 sq. ft.
    Step into this impressively renovated home, gutted and transformed inside and out approximately two years ago, where a wide open floor plan immediately captivates. The heart of this home is the stunning kitchen, part of the extensive renovation completed around mid-2023, boasting a massive island with a striking waterfall quartz countertop. It's fully equipped with stainless steel appliances, ample storage in a large pantry, and sleek quartz counters throughout. Don't be deceived by the exterior; this home offers surprisingly spacious rooms. The master suite is a true retreat, measuring 14'5"x11'8". It features a luxurious full ensuite, also part of the home's comprehensive renovation, complete with dual sinks, a beautifully tiled glass shower, a separate soaker tub, and a walk-in closet outfitted with custom shelving. The main floor also includes a large second bedroom, another full bathroom, and an inviting open-concept dining and living area. A cozy fireplace and gleaming hardwood floors, all updated during the renovation, enhance the warmth and elegance of this space. Descend to the fully finished basement to discover an expansive family room, perfect for entertaining or relaxing. This level, also fully renovated, houses a stylish laundry room, a full bathroom with a tiled glass shower, and two additional generously sized bedrooms. The layout here offers excellent potential to create an in-law suite or a separate second unit by adding a kitchen, A secondary suite would be subject to approval and permitting by the city/ municipality. The exterior, completely redone roughly two years ago, features durable Hardie siding, concrete walkways, and landscaping. A double detached garage provides ample parking and storage. Investment Opportunity & Versatility: This property has a proven track record as a successful Airbnb rental, boasting excellent ratings, making it a turnkey option for those interested in a short-term rental business. Alternatively, its thoughtful layout easily lends itself to multi-generational living or conversion into two separate units. This exceptional, fully renovated home is a rare find, offering both a beautiful living space and significant income potential. An absolute must-see. More details
    Listed by HouseSigma Inc.
    DIANE RICHARDSON
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Data was last updated September 2, 2025 at 02:05 PM (UTC)
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.