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.

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1212 Lake Sylvan Drive SE
Bonavista Downs Calgary T2J 5N7

$549,000
Residential beds: 4 baths: 3.0 1,197 sq. ft. built: 1972

Main Photo: 1212 Lake Sylvan Drive SE in Calgary: Bonavista Downs Detached for sale : MLS®# A2249941
Photo 1: 1212 Lake Sylvan Drive SE in Calgary: Bonavista Downs Detached for sale : MLS®# A2249941
Photo 2: 1212 Lake Sylvan Drive SE in Calgary: Bonavista Downs Detached for sale : MLS®# A2249941
Photo 3: 1212 Lake Sylvan Drive SE in Calgary: Bonavista Downs Detached for sale : MLS®# A2249941
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Photo 43: 1212 Lake Sylvan Drive SE in Calgary: Bonavista Downs Detached for sale : MLS®# A2249941
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2249941
Bedrooms:
4
Bathrooms:
3
Year Built:
1972
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!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,197 sq. ft.
Acreage:
No
Lot Area:
6,157 sq. ft.
Lot Frontage:
56'⅛"
Front Exposure:
South
Levels:
One
Total Rooms Above Grade:
6
Year built:
1972 (Age: 53)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
642LK
Heating:
Forced Air
Basement:
Full, Partially Finished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Mixed, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
Yes
Garage Spaces:
1
Parking:
Single Garage Attached
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Bonavista Downs
Dryer, Electric Stove, Refrigerator, Washer
None
None Known
Floor
Type
Size
Other
Main Floor
Living Room
20'10" × 13'8"
Main Floor
Dining Room
13'3" × 8'5"
Main Floor
Kitchen
9'11" × 8'3"
Main Floor
Entrance
5'3" × 4'1"
Main Floor
Bedroom
10'6" × 7'8"
Main Floor
Bedroom
13'8" × 8'2"
Main Floor
Bedroom - Primary
13'3" × 11'8"
Basement
Hall
19'5" × 7'4"
Basement
Storage
13'7" × 5'11"
Basement
Bedroom
15'1" × 13'6"
Basement
Walk-In Closet
6'3" × 4'8"
Basement
Family Room
26'10" × 24'1"
Basement
Furnace/Utility Room
13'4" × 9'8"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
2
5'9" x 5'3"
Main Floor
No
3
7'1" x 6'11"
Basement
No
3
5'11" x 6'11"
Title to Land:
Fee Simple
Community Features:
Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
No Animal Home, No Smoking Home
Exterior Features:
Private Entrance, Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Back Yard, Front Yard, Landscaped, Lawn, Private, Street Lighting
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
R-CG
Listed Date:
Aug 19, 2025
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Listed by RE/MAX Realty Professionals
Data was last updated September 5, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
6,861
Avg list price:
$575,000
Min list price:
$109,900
Max list price:
$13,500,000
Avg days on market:
36
Min days on market:
0
Max days on market:
706
Avg price per sq.ft.:
$412.21
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON
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.