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

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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.

New Homes Calgary under $400k|New Construction Homes under $400,000Elbow Park
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1128 Riverdale Avenue SW
Elbow Park Calgary T2S 0Y8

$4,040,000
Residential beds: 4 baths: 4.0 3,795 sq. ft. built: 1990

Main Photo: 1128 Riverdale Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2235140
Photo 1: 1128 Riverdale Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2235140
Photo 2: 1128 Riverdale Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2235140
Photo 3: 1128 Riverdale Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2235140
Photo 4: 1128 Riverdale Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2235140
Photo 5: 1128 Riverdale Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2235140
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2235140
Bedrooms:
4
Bathrooms:
4
Year Built:
1990
Welcome to Elbow Park! Nestled along the banks of the Elbow River and located on the prestigious Riverdale Avenue—one of Calgary’s most desirable streets—this stunning 3,795 sq ft home offers breathtaking river views, exceptional design, and the ideal spaces your family has been dreaming of. Designed with openness and elegance in mind, the home features soaring vaulted ceilings, floor-to-ceiling windows, and two cozy fireplaces that enhance the inviting atmosphere. The open-concept main level boasts a bright living room, a quiet home office, a formal dining room, and a spacious family room. The gourmet kitchen is a chef’s dream with granite countertops, a breakfast nook, and a casual eating area. Upstairs, the luxurious primary suite overlooks the river and includes a private retreat, two generous walk-in closets, and a spa-like 6-piece ensuite. Two additional bedrooms share a 4-piece bathroom, and a bright loft area offers views over the family room below. The fully developed lower level includes a media/family room, two more bedrooms, an exercise room, and a 3-piece bathroom. Step outside to enjoy the peaceful setting featuring river views, a large concrete patio, and a professionally landscaped yard perfect for relaxation and entertaining.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
2 Storey
Total Living Area:
3,795 sq. ft.
Main Level Finished Area:
2,259 sq. ft.
Upper Level Finished Area:
1,536 sq. ft.
Below Grade Finished Area:
1,599 sq. ft.
Lot Area:
8,105 sq. ft.
Lot Frontage:
50'
Front Exposure:
South
Unit Exposure:
South
Levels:
Two
Total Rooms Above Grade:
8
Year built:
1990 (Age: 35)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
4078U
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile
Cooling:
Partial
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
None
Elbow Park
None
none
None Known
Floor
Type
Size
Other
Main Floor
Dining Room
26'5" × 13'3"
Main Floor
Kitchen
20'3" × 13'2"
Main Floor
Living Room
19'5" × 17'1"
Main Floor
Family Room
20' × 16'7"
Main Floor
Nook
15'2" × 11'1"
Main Floor
Office
11'10" × 10'7"
Main Floor
Entrance
7'10" × 6'
Main Floor
Mud Room
21' × 10'
Upper Level
Bedroom - Primary
18'6" × 11'9"
Upper Level
Flex Space
9'2" × 5'1"
Upper Level
Walk-In Closet
12'5" × 8'4"
Upper Level
Walk-In Closet
7'5" × 6'5"
Upper Level
Bedroom
14'3" × 11'5"
Upper Level
Bedroom
18'6" × 11'8"
Upper Level
Laundry
4'8" × 3'2"
Basement
Family Room
20'7" × 12'5"
Basement
Bedroom
22'11" × 10'1"
Basement
Flex Space
22'4" × 7'11"
Basement
Exercise Room
15'3" × 14'9"
Basement
Furnace/Utility Room
12'3" × 7'
Basement
Storage
12'9" × 11'11"
Basement
Flex Space
13'8" × 8'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5'5" x 6'
Upper Level
Yes
6
9'8" x 14'9"
Upper Level
No
4
5'11" x 10'4"
Basement
No
3
9'2" x 7'
Title to Land:
Fee Simple
Community Features:
Lake, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Bar, Built-in Features, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s)
Exterior Features:
Dog Run
Patio And Porch Features:
None
Lot Features:
Back Yard, Creek/River/Stream/Pond
Waterfront Features:
River Front
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
Jul 04, 2025
  • Photo 1: 1128 Riverdale Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2235140
    Photo 1 of 5
  • Photo 2: 1128 Riverdale Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2235140
    Photo 2 of 5
  • Photo 3: 1128 Riverdale Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2235140
    Photo 3 of 5
  • Photo 4: 1128 Riverdale Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2235140
    Photo 4 of 5
  • Photo 5: 1128 Riverdale Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2235140
    Photo 5 of 5
Larger map options:
Larger map Satellite map Street View Walkscore
Listed by Grand Realty
Data was last updated July 18, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$2,580,000
Min list price:
$879,000
Max list price:
$7,800,000
Avg days on market:
46
Min days on market:
1
Max days on market:
259
Avg price per sq.ft.:
$790.26
These statistics are generated based on the current listing's property type and located in Elbow Park. Average values are derived using median calculations. This data is not produced by the MLS® system.
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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.
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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.