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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8 218 Village Terrace SW
Patterson Calgary T3H 2L4

$339,900
Residential beds: 2 baths: 2.0 1,047 sq. ft. built: 1988

Main Photo: 8 218 Village Terrace SW in Calgary: Patterson Apartment for sale : MLS®# A2253157
Photo 1: 8 218 Village Terrace SW in Calgary: Patterson Apartment for sale : MLS®# A2253157
Photo 2: 8 218 Village Terrace SW in Calgary: Patterson Apartment for sale : MLS®# A2253157
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Photo 35: 8 218 Village Terrace SW in Calgary: Patterson Apartment for sale : MLS®# A2253157
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2253157
Bedrooms:
2
Bathrooms:
2
Year Built:
1988
Welcome to “The News” – a highly sought-after complex perched in the hills of Calgary’s vibrant west side. This beautifully maintained multi-level apartment offers a rare combination of space, function, and sweeping city views in one of the city’s most established communities of Patterson This unique 2-bedroom, 2-bathroom home features a bright and open floor plan with soaring ceilings and large windows that flood the space with natural light. The main level offers a spacious living and dining area anchored by a cozy wood burning fireplace, perfect for relaxing or entertaining. The well-appointed kitchen includes ample cabinetry, brand new stainless steel appliances, granite counters, and a private deck, just perfect more morning coffee! Upstairs you will find two bedrooms with downtown views, a 4 pc bathroom, and an open to below that has light natural light coming in at all times of the day. Beautifully updated with new flooring, cabinets and appliances, along side 2 underground parking stalls and a storage locker, this home is the total package. Residents of The News enjoy access to a fantastic array of amenities including an indoor pool, fitness centre, tennis court, and clubhouse. With easy views and access to downtown, nearby pathways, parks, shopping, and transit, this location offers both lifestyle and convenience. Don’t miss your opportunity to own in this established, well-managed complex. Book your private showing today and experience everything this exceptional home has to offer.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Apartment-Multi Level Unit
Total Living Area:
1,047.13 sq. ft.
Main Level Finished Area:
631.72 sq. ft.
Condo Fee:
$674.99
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Heat, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Acreage:
No
Front Exposure:
West
Unit Exposure:
East, West
Floor Location:
Ground
Entry Level:
1
Stories Total:
4
Levels:
Multi Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
1988 (Age: 37)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:1, Half:1)
Plan:
8910469
Heating:
Baseboard
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Clay Tile, Tar/Gravel
Ensuite:
No
Flooring:
Laminate
Cooling:
None
Fireplaces:
1
Fireplace Details:
Wood Burning
Garage:
No
Garage Spaces:
2
Parking:
Assigned, Heated Garage, Parkade, Underground
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
The News
Patterson
Fitness Center, Indoor Pool, Racquet Courts, Recreation Facilities, Spa/Hot Tub, Visitor Parking
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
N/A
Pet Restrictions or Board approval Required
Restrictions
Floor
Type
Size
Other
Main Floor
Dining Room
9'6" × 9'4"
Main Floor
Kitchen
9'8" × 9'5"
Main Floor
Living Room
19'3" × 12'9"
2nd Floor
Bedroom
11'11" × 9'1"
2nd Floor
Bedroom - Primary
11'8" × 9'9"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5'1" x 4'4"
2nd Floor
No
4
8'1" x 8'8"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Granite Counters, High Ceilings, Laminate Counters, No Smoking Home, Open Floorplan
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Lot Features:
Landscaped, Views
Num. of Parcels:
0
Fencing:
None
Region:
Calgary
Zone:
CAL Zone W
Zoning:
M-C1 d37
Listed Date:
Sep 02, 2025
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Listed by eXp Realty
Data was last updated September 13, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
27
Avg list price:
$465,000
Min list price:
$269,000
Max list price:
$2,200,000
Avg days on market:
37
Min days on market:
1
Max days on market:
114
Avg price per sq.ft.:
$350.61
These statistics are generated based on the current listing's property type and located in Patterson. 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.