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

CALGARY NEW HOMES FOR SALE UNDER $400,000

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401 116 3 Avenue SE
Chinatown Calgary T2G 5A9

$109,900
Residential beds: 0 baths: 1.0 362 sq. ft. built: 1981

Main Photo: 401 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2250245
Photo 1: 401 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2250245
Photo 2: 401 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2250245
Photo 3: 401 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2250245
Photo 4: 401 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2250245
Photo 5: 401 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2250245
Photo 6: 401 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2250245
Photo 7: 401 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2250245
Photo 8: 401 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2250245
Photo 9: 401 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2250245
Photo 10: 401 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2250245
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Photo 14: 401 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2250245
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Photo 17: 401 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2250245
Photo 18: 401 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2250245
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Photo 20: 401 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2250245
Photo 21: 401 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2250245
Photo 22: 401 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2250245
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2250245
Bathrooms:
1
Year Built:
1981
Welcome to this studio unit in the heart of Chinatown, offering unbeatable convenience with shops, restaurants, cafes, and the Bow River pathways just steps from your door. The unit has been thoughtfully updated with a brand-new stove, fridge, and kitchen hood fan, along with sleek quartz countertops, fresh paint, and a reglazed bathtub for a modern touch. Enjoy your morning coffee or evening relaxation on the private balcony with a partial view of the Bow River. Whether you’re a first-time buyer, investor, or seeking an affordable inner-city lifestyle, this home is the perfect opportunity.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Apartment-Loft/Bachelor/Studio
Total Living Area:
362.3 sq. ft.
Condo Fee:
$404.54
Condo Fee Includes:
Common Area Maintenance, Electricity, Heat, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Water
Acreage:
No
Front Exposure:
South
Unit Exposure:
North
Floor Location:
Other
Entry Level:
4
Stories Total:
11
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
3
Year built:
1981 (Age: 44)
Bedrooms:
0 (Above Grd: 0)
Bedrooms Above Grade:
0
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
9810495
Heating:
Baseboard
New Constr.:
No
Construction Material:
Brick, Concrete
Structure Type:
High Rise (5+ stories)
Ensuite:
No
Flooring:
Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
None
Parking Places:
0
Parking Total/Covered:
0 / -
Laundry Features:
None
Condo Fee Frequency:
Monthly
Z-name Not Listed
Chinatown
Coin Laundry, Elevator(s)
Range Hood, Refrigerator, Stove(s)
None
None Known
Restrictions
Floor
Type
Size
Other
Main Floor
Kitchen
7'11" × 7'6"
Main Floor
Entrance
7'7" × 3'6"
Main Floor
Dining Room
12'7" × 8'6"
Main Floor
Living Room
13'4" × 7'11"
Main Floor
Balcony
9'2" × 5'9"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5' x 7'9"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Quartz Counters
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
DC (pre 1P2007)
Listed Date:
Aug 30, 2025
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Listed by Realty Link
Data was last updated September 2, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
28
Avg list price:
$407,400
Min list price:
$109,900
Max list price:
$1,690,900
Avg days on market:
41
Min days on market:
3
Max days on market:
151
Avg price per sq.ft.:
$609.73
These statistics are generated based on the current listing's property type and located in Chinatown. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON

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.

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.