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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201 3727 42 Street NW
Varsity Calgary T3A 2M8

$260,000
Residential beds: 1 baths: 1.0 663 sq. ft. built: 1978

Main Photo: 201 3727 42 Street NW in Calgary: Varsity Apartment for sale : MLS®# A2246384
Photo 1: 201 3727 42 Street NW in Calgary: Varsity Apartment for sale : MLS®# A2246384
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2246384
Bedrooms:
1
Bathrooms:
1
Year Built:
1978
Experience the quality and care of a full, top-to-bottom renovation in this stunning 1-bed, 1-bath condo in the highly sought-after Varsity District. Featuring elegant tile flooring throughout, a modern kitchen with premium cabinetry, and a spacious living room with a custom accent wall and electric fireplace, this home is truly move-in ready. Enjoy a private second-floor balcony overlooking a peaceful garden terrace—ideal for your morning coffee or evening wind-down. The bedroom includes a California Closet, with a second California Closet system in the entryway for additional stylish and functional storage. A portable A/C unit is also included for year-round comfort. Located just steps from Market Mall and minutes to the University of Calgary. Assigned outdoor parking stall included. A perfect blend of location, style, and quality renovation!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Apartment-Single Level Unit
Total Living Area:
663 sq. ft.
Condo Fee:
$416.60
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Water
Front Exposure:
East
Unit Exposure:
East
Floor Location:
Other
Entry Level:
2
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
4
Year built:
1978 (Age: 47)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
8010167
Heating:
Baseboard
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Tile
Cooling:
Window Unit(s)
Fireplaces:
1
Fireplace Details:
Electric, Living Room
Garage:
No
Parking:
Stall
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
Common Area
Condo Fee Frequency:
Monthly
Landmark Estates II
Varsity
Laundry, Snow Removal
Dishwasher, Microwave, Oven, Refrigerator, Stove(s), Window Coverings
AC in bedroom
Pet Restrictions or Board approval Required
Restrictions
Floor
Type
Size
Other
Main Floor
Entrance
7'7" × 3'10"
Main Floor
Storage
8'7" × 4'1"
Main Floor
Kitchen
7'11" × 7'6"
Main Floor
Dining Room
11'10" × 11'3"
Main Floor
Living Room
16'4" × 13'1"
Main Floor
Balcony
10'4" × 5'8"
Main Floor
Bedroom - Primary
15'6" × 12'1"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 8'8"
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby, Street Lights, Walking/Bike Paths
Interior Features:
Built-in Features, Closet Organizers, No Animal Home, No Smoking Home, Open Floorplan, Storage
Exterior Features:
Balcony, Courtyard, Garden
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
M-C1 d75
Listed Date:
Aug 06, 2025
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Listed by Gravity Realty Group
Data was last updated September 7, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
58
Avg list price:
$489,750
Min list price:
$187,500
Max list price:
$3,250,000
Avg days on market:
25
Min days on market:
1
Max days on market:
148
Avg price per sq.ft.:
$403.26
These statistics are generated based on the current listing's property type and located in Varsity. 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.