Calgary Condos for Sale Under $400,000 | Affordable Urban Living
Discover a range of Calgary condos for sale under $400,000, offering an exceptional blend of affordability, luxury, and modern urban living. These condos are perfect for first-time buyers, young professionals, and savvy investors looking to secure a prime property in Calgary's vibrant real estate market.
Located in sought-after neighborhoods such as Beltline, East Village, and downtown Calgary, these condos provide convenient access to shopping, dining, transit, and recreational activities. Many properties feature desirable amenities, including fitness centers, rooftop patios, secure parking, and stunning city views, ensuring a comfortable and stylish lifestyle.
Whether you're searching for a spacious condo with low fees or an investment opportunity in Calgary’s dynamic urban core, the latest Calgary condos for sale under $400,000 have something to suit every need. Start exploring these budget-friendly options and take the first step toward owning your dream condo today.
Contact Diane Richardson
Phone: 403.397.3706
Email: diane@mypadcalgary.com
EXPLORE CALGARY CONDOS FOR SALE
Contact Diane Richardson
If you come across any appealing Calgary Condo or Home and would like a closer look, feel free to reach out to me via email, text, or phone. I can arrange a private showing at a convenient time for you. You can contact me at 403-397-3706 through email, text, or phone. Please provide the MLS® number or the property's location that interests you. Whether you're interested in utilizing our effective marketing strategies to list your Calgary home for sale or you want to schedule a private viewing of any property listed on forsaleinCalgary.com, don't hesitate to get in touch with Diane Richardson right away.
40 Masters Landing SE
Calgary
T3M 2B2
$1,495,000
Residential
beds: 4
baths: 4.0
2,991 sq. ft.
built: 2015
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2214634
- Bedrooms:
- 4
- Bathrooms:
- 4
- Year Built:
- 2015
- Photos (40)
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Life at the lake! Walk straight out of your west facing back yard to the beach at this luxurious family home. This elegant 2 storey, backing on to a very private section of greenspace, is built for entertaining. High ceilings and wide open spaces in a floorplan that flows effortlessly throughout and allows you to customize how you use the space. Huge windows and a west facing backyard ensure your home is brightly lit with natural light year round. The sumptuous main floor includes a formal dining room that is open to the living area with its focal point 2 storey rock fireplace and cathedral ceilings with intricate beamwork. The kitchen is a chef's delight with built in appliances including a gas cook top, an enormous island with gorgeous marble counters, full height cabinets for additional storage, convenient butler's pantry and full walk-in pantry. A den that could easily be used as a main floor bedroom is adjacent to the 3 piece bath and are tucked away from the busier areas of the home. The second floor includes a spacious bonus room overlooking the grand living area and has view of the lake through the trees. The primary bedroom is spacious and quiet overlooking the park and lake and opens to a spa like ensuite complete with steam shower. A custom walk in closet will have space for everything. Two secondary bedrooms, a full 4 piece bath and ample laundry complete the second floor. The entertaining space continues on the lower level with fully appointed games room, a family/flex room, a media/home theatre room with all the equipment you need for family movie night or watching the playoffs with friends. An additional bedroom and full bath, tucked away from the main areas complete this level along with an impressive amount of storage space. Outside you will appreciate the maintenance free yard with stamped concrete patios and walkways, artificial lawn, and irrigation system should you choose to add planters. The covered deck includes retractable sunshades for comfort. The front and rear of the home are lit by Gemstone brand soffit lights. Among the many builder and owner upgrades included are; central AC, 2 furnaces and fresh paint throughout. Come live your best life at the lake!
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- No
- Home Style:
- 2 Storey
- Total Living Area:
- 2,991 sq. ft.
- Main Level Finished Area:
- 1,437 sq. ft.
- Upper Level Finished Area:
- 1,554 sq. ft.
- Lower Level Finished Area:
- Signup
- Above Grade Finished Area:
- Signup
- Below Grade Finished Area:
- 1,113 sq. ft.
- Taxes:
- Signup
- Tax Assessed Value:
- Signup
- HOA Fee Frequency:
- Annually
- HOA Fee Includes:
- Signup
- Lot Area:
- 5,414 sq. ft.
- Lot Frontage:
- 43'1¾"
- Acres Cleared:
- Signup
- Acres Cultivated:
- Signup
- Acres Irrigated:
- Signup
- Acres Leasehold:
- Signup
- Acres Not Cultivated:
- Signup
- Acres Freehold:
- Signup
- Acres Seeded:
- Signup
- Acres Tame Hay:
- Signup
- Acres Treed:
- Signup
- Acres Waste:
- Signup
- Acres Water Rights:
- Signup
- Front Exposure:
- East
- Reg. Size:
- Signup
- Reg. Size Includes:
- Signup
- Levels:
- Two
- Total Rooms Above Grade:
- 10
- Year built:
- 2015 (Age: 10)
- Bedrooms:
- 4 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 1
- Bathrooms:
- 4.0 (Full:4, Half:0)
- Plan:
- 1410860
- Heating:
- Forced Air
- Basement:
- Finished, Full
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- Yes
- Flooring:
- Carpet, Ceramic Tile, Hardwood
- Cooling:
- Central Air
- Fireplaces:
- 1
- Fireplace Details:
- Gas, Great Room, See Remarks
- Garage:
- 1
- Garage Spaces:
- 2
- Parking:
- Double Garage Attached
- Parking Places:
- 4
- Parking Total/Covered:
- 4 / -
- Laundry Features:
- Upper Level
- HOA Fee:
- $1,018.49
- Mahogany
- Beach Access, Clubhouse, Park, Playground, Recreation Facilities
- Bar Fridge, Built-In Oven, Central Air Conditioner, Dishwasher, Dryer, Garage Control(s), Garburator, Gas Cooktop, Microwave, Oven-Built-In, Range Hood, Refrigerator, Washer, Window Coverings
- Bar fridge, bar microwave, projection screen and home theatre equipment, gemstone lighting, central vacuum and tools, garage shelving, sump pump,
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Dining Room
- 15'11" × 10'1"
- Main Floor
- Kitchen
- 15'9" × 10'3"
- Main Floor
- Kitchenette
- 5'7" × 5'5"
- Main Floor
- Pantry
- 5'7" × 3'6"
- Main Floor
- Living Room
- 17'9" × 14'4"
- Main Floor
- Dining Room
- 13'6" × 12'
- Main Floor
- Mud Room
- 7'8" × 6'8"
- Main Floor
- Den
- 11'7" × 11'1"
- 2nd Floor
- Bonus Room
- 16'2" × 14'7"
- 2nd Floor
- Bedroom - Primary
- 16' × 13'
- 2nd Floor
- Walk-In Closet
- 11'11" × 7'5"
- 2nd Floor
- Bedroom
- 13'9" × 11'3"
- 2nd Floor
- Bedroom
- 13'3" × 11'3"
- 2nd Floor
- Walk-In Closet
- 7'9" × 3'11"
- 2nd Floor
- Laundry
- 7'9" × 7'9"
- Lower Level
- Family Room
- 16'8" × 13'9"
- Lower Level
- Game Room
- 14'6" × 14'3"
- Lower Level
- Media Room
- 16'9" × 11'4"
- Lower Level
- Bedroom
- 14'9" × 10'2"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 3
- 2nd Floor
- Yes
- 5
- 2nd Floor
- No
- 4
- Lower Level
- No
- 4
- Title to Land:
- Fee Simple
- Community Features:
- Clubhouse, Fishing, Lake, Other, Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
- Interior Features:
- Bar, Beamed Ceilings, Breakfast Bar, Built-in Features, Central Vacuum, Chandelier, Closet Organizers, Double Vanity, Granite Counters, High Ceilings, Jetted Tub, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Pantry, See Remarks, Soaking Tub, Steam Room, Stone Counters, Storage, Sump Pump(s), Tray Ceiling(s), Vaulted Ceiling(s), Vinyl Windows, Walk-In Closet(s), Wet Bar, Wired for Data, Wired for Sound
- Exterior Features:
- Other, Private Yard
- Patio And Porch Features:
- Deck, Other, Patio, Screened, See Remarks
- Lot Features:
- Back Yard, Backs on to Park/Green Space, Close to Clubhouse, Greenbelt, Landscaped, Low Maintenance Landscape, No Neighbours Behind, Underground Sprinklers
- Waterfront Features:
- Beach Access, Lake Access, Lake Privileges
- Num. of Parcels:
- 0
- Fencing:
- Cross Fenced, Fenced
- Region:
- Calgary
- Zone:
- CAL Zone SE
- Zoning:
- R-G
- Listed Date:
- Apr 25, 2025
- Days on Mkt:
- Signup
-
Excellent curb appeal on a quiet street -
Expansive rooms perfect for entertaining
-
Formal dining room is open and inviting
-
Gorgeous wide plank hardwood throughout
-
Stunning 2 storey rock fireplace for cosy winter nights is the focal point of the great room area
-
The living room is open the the upper level bonus room
-
Gorgeous modern farmhouse decor throughout
-
The ample kitchen is a chef's dream with with built in oven and microwave and an enormous island that provides prep and seating space
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Stunning natural stone island and counters
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Gas cooktop and full height cabinets
-
Ready for the kitchen party!
-
Designer light fixtures and fresh paint throughout
-
Generous 'butler's pantry' leads to huge walk in pantry just off the kitchen
-
Huge windows provide a bright, naturally lit interior
-
Main floor den can easily be used as an extra bedroom and is adjacent to the main floor full bath
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Full 3 piece bath on the main floor
-
The mudroom has plenty of storage space
-
The immense upper level bonus room overlooks the living room and its elegant open beamed ceiling and even has some lake views
-
Primary bedroom has peekaboo views of the lake through the trees
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Primary bedroom
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The spa like 5 piece ensuite with jetted tub leads to the walk in closet
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Luxurious steam shower in the primary ensuite
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Primary walk in closet with custom organizer
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Second bedroom on upper level
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Third bedroom on upper level
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Generous bath on upper level is shared by the 2 secondary bedrooms
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Upper level laundry has tons of storage space for linens
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Lower level games room has a wet bar and built in beverage cooler and microwave
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Lower level games area
-
Lower level family is a serene space to hang out
-
Lower level family room
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Media room comes with all the equipment you need for family movie night or for cheering on your favourite playoff team
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Media room
-
Lower level bedroom is bright and set away from entertaining areas
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Lower level 4 piece bath
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West facing backyard is fully maintenance free with artificial lawn and stamped concrete walkways and patios
-
Enjoy relaxing in the outdoors in the firepit area or on the covered deck with retractable sunshades
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Irrigation system would allow you to easily add planters if desired for summer colour
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A fantastic property for family and friends get togethers
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Walk out the back yard to the lake and the sandy beach area by the 'beach playground' and start enjoying the incredible amenities!
Listed by RE/MAX Realty Professionals
Data was last updated May 29, 2025 at 06:05 AM (UTC)
Area Statistics
- Listings on market:
- 143
- Avg list price:
- $669,900
- Min list price:
- $274,900
- Max list price:
- $2,248,900
- Avg days on market:
- 35
- Min days on market:
- 1
- Max days on market:
- 573
- Avg price per sq.ft.:
- $432.71
These statistics are generated based on the current listing's property type
and located in
Mahogany. Average values are
derived using median calculations.
- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Featured Listing
220048 RR 212
$564,900
MLS®#: A2224407
Bedrooms: 4
Bathrooms: 2.0
Floor Area: 1,328.2 sq. ft.
CIR Realty