What types of homes can I buy in Calgary for under $400,000?

Buyers can find a range of affordable Calgary homes under $400,000 including condos, townhouses, duplexes, and select single-family houses in established or up-and-coming neighborhoods. Many offer updated interiors, garages, and easy access to transit.

Are there detached houses under $400,000 in Calgary?

Yes, detached homes are available in this price range, especially in areas such as Erin Woods, Dover, Temple, Abbeydale, and Penbrooke Meadows. Some may need light renovations, but they offer excellent value and land ownership potential.

Which Calgary neighborhoods are best for first-time buyers?

Neighborhoods such as Skyview Ranch, Copperfield, Legacy, Saddle Ridge, and McKenzie Towne are popular among first-time buyers thanks to their affordability, newer builds, and strong community amenities.

Can I buy a new-build home under $400,000?

Yes, select new-construction condos and townhomes are available under $400,000 in developments around Seton, Livingston, Cornerstone, and Belmont. These properties feature modern designs, energy-efficient layouts, and builder warranties.

Are condos and townhomes a good option under $400,000?

Absolutely. Condos and townhouses dominate this price range, offering low-maintenance living, modern amenities, and convenient access to schools, parks, and shopping. They are ideal for young professionals, downsizers, or investors.

Is $400,000 enough for an investment property in Calgary?

Yes. Investors often find solid opportunities under $400,000, especially in multi-unit condo complexes or older detached homes suitable for upgrades and rental income. Calgary’s strong rental demand makes this price point attractive for long-term value growth.

Who can help me find the best Calgary homes under $400,000?

Diane Richardson is an experienced Calgary Realtor® who specializes in affordable and entry-level real estate. Diane offers customized MLS® searches, local expertise, and personalized guidance to help you find the right home within your budget.

219 850 Belmont Drive SW in Calgary: Belmont Row/Townhouse for sale : MLS®# A2291963

***Please view 3D virtual tour***Welcome to beautifully maintained and modern townhome located in the vibrant and growing community of Belmont in Southwest Calgary. Perfectly positioned overlooking the peaceful courtyard, this nearly new home offers a highly desirable dual-primary bedroom layout, making it ideal for first-time buyers, young professionals, roommates, or investors. Step inside to discover a bright and inviting open-concept main floor featuring elegant hardwood flooring throughout, adding warmth, durability, and a timeless look rarely found in townhomes, 9' ceiling height. Large windows fill the living space with natural light, creating an airy and welcoming atmosphere. The contemporary kitchen is thoughtfully designed with quartz countertops, an extended island with seating, full subway tile backsplash, stainless steel appliances, sleek white cabinetry, modern pendant lighting, and a convenient pantry for extra storage. The spacious dining area easily accommodates a full-size dining table, making it perfect for entertaining family and friends. The living room overlooks the beautifully landscaped courtyard and offers access to a private balcony, the perfect place to enjoy morning coffee or relax on warm summer evenings. Upstairs you’ll find two spacious primary bedrooms, each featuring generous closets and private four-piece ensuites with quartz countertops, undermount sinks, and stylish tile finishes. A convenient upper-floor laundry area is located between the bedrooms for everyday ease. Parking is exceptional with a double attached tandem garage plus an exterior parking pad, providing a rare total of three parking spaces. The home is also located just steps from visitor parking, making it convenient for guests. Belmont is one of South Calgary’s fastest-growing communities, offering access to scenic walking paths, green spaces, playgrounds, and a planned City of Calgary recreation centre. Residents enjoy close proximity to Spruce Meadows, shopping, restaurants, schools, and quick access to Macleod Trail and Stoney Trail, making commuting and daily errands simple. This modern, low-maintenance home with hardwood flooring throughout offers outstanding value and lifestyle in a thriving Southwest Calgary neighbourhood. Book your private showing today.

General Info:

Property Type:: Residential

Property Sub Type:: Row/Townhouse

Condo Type:: Conventional Condo

Transaction Type:: For Sale

Possession:: Signup

Possession Date:: Signup

Suite:: No

Num Legal Suites:: 0

Num Illegal Suites:: 0

Home Style:: 3 (or more) Storey

Total Living Area:: 1,278.1 sq. ft.119 m2

Lower Level Finished Area:: Signup

Above Grade Finished Area:: Signup

Taxes:: Signup

Tax Assessed Value:: Signup

Condo Fee:: $225.00

Condo Fee Includes:: Amenities of HOA/Condo, Common Area Maintenance, Professional Management, Reserve Fund Contributions, Snow Removal, Trash

HOA Fee Includes:: Signup

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:: North

Reg. Size:: Signup

Reg. Size Includes:: Signup

Entry Level:: 0

Levels:: Three Or More

End Unit:: 2+ Common Walls

Total Rooms Above Grade:: 6

Year built:: 2021 (Age: 5)

Bedrooms:: 2 (Above Grd: 2)

Bedrooms Above Grade:: 2

Bedrooms Below Grade:: 0

Bathrooms:: 3.0 (Full:2, Half:1)

Plan:: 1911893

Additional Info:

Heating:: Central

Basement:: None

Foundation:: Poured Concrete

New Constr.:: No

Construction Material:: Other

Structure Type:: Other

Roof:: Asphalt Shingle

Ensuite:: Yes

Flooring:: Carpet, Hardwood

Cooling:: None

Fireplaces:: 0

Garage:: Yes

Garage Spaces:: 2

Parking:: Covered, Double Garage Attached, Garage Door Opener

Parking Places:: 3

Parking Total/Covered:: 3 / -

Laundry Features:: In Unit

Condo Fee Frequency:: Monthly

City Quadrant:

Southwest

Condo Name:

Z-name Not Listed

Community:

Belmont

Amenities:

Laundry, Park, Parking, Playground, Recreation Facilities

Appliances:

Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer/Dryer

Inclusions:

None

Restrictions:

None Known

Pets Allowed:

Restrictions, Yes

Room Information:

Floor
Type
Size
Other

Main Floor

Foyer

9'3" × 6'4"

2nd Floor

Dining Room

20'5" × 13'3"

2nd Floor

Kitchen

13'3" × 8'9"

2nd Floor

Living Room

13'3" × 9'2"

3rd Floor

Bedroom

11' × 10'

3rd Floor

Bedroom - Primary

11' × 10'9"

3rd Floor

Storage

3'5" × 2'5"

Bathrooms:

Floor
Ensuite
Pieces
Other

2nd Floor

4'7" x 4'7"

3rd Floor

Yes

8'5" x 5'

3rd Floor

7'10" x 4'11"

Land Info:

Title to Land:: Fee Simple

Community Features:: Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Interior Features:: Bathroom Rough-in, Breakfast Bar, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Quartz Counters, Walk-In Closet(s)