Homes for Sale in Cranston, Calgary - $200,000 to $300,000 (Updated Daily)

Cranston is a well-established community located in southeast Calgary, known for its family-friendly amenities, diverse housing options, and convenient access to major transportation routes.

Cranston Homes in the $200,000 to $300,000 Price Range

  1. Townhouses:

    • Within the specified price range, Cranston offers a selection of well-maintained townhouses.
    • These properties typically range from 1,000 to 1,500 square feet, providing ample living space for families or first-time homebuyers.
    • Prices for Cranston townhouses in this range can start from around $220,000 and go up to approximately $290,000, depending on factors such as size, condition, and location within the community.
  2. Condominiums:

    • Cranston also features a variety of condominium units that fall within the $200,000 to $300,000 price range.
    • These units can range from one-bedroom to two-bedroom layouts, offering a more affordable entry point into the Cranston real estate market.
    • Prices for Cranston condos in this range typically start around $210,000 and can reach up to $290,000, depending on the specific unit size, amenities, and location.

Navigating the Cranston Real Estate Market

Purchasing a home in Cranston within the $200,000 to $300,000 price range requires the expertise of a knowledgeable real estate professional. Diane Richardson, a respected agent with a deep understanding of the Calgary real estate market, can provide valuable guidance and support throughout the home-buying process.

Diane's extensive experience and familiarity with the Cranston community allow her to help you navigate the local market, identify the best properties that fit your budget and preferences, and ensure a smooth and successful transaction.

Contact Diane Richardson:
Phone: 403.397.3706
Email: diane@mypadcalgary.com

Explore the diverse range of homes available in Cranston within the $200,000 to $300,000 price range. Contact Diane Richardson today to start your search and find the perfect property that meets your needs and investment goals

Explore Cranston Real Estate Listings by Style and Type - Find Your Ideal Home in Calgary Today

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There are several ways to contact Diane Richardson:

  1. Contact form: Fill out the contact form on my website to send me a message directly from the page. Please include your name, email address, and a message, along with the property address or MLS® number for the listing you're interested in.

  2. Phone number: Call me directly at 403.397.3706 with any questions or to schedule viewings.

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No matter which method you choose, I'm always here to assist you with your real estate needs.

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5316 Lansdowne Avenue
Blackfalds - Other Blackfalds T0M 0J0

$675,000
Multi-Family 2,234 sq. ft. built: 1978

Main Photo: 5316 Lansdowne Avenue: Blackfalds 4 plex for sale : MLS®# A2192425
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Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2192425
Year Built:
1978
. This attractive 4-plex in Blackfalds is listed at $675,000 and generates a gross rental income of $57,600 per year. With tenants covering all gas and electric costs via individual meters, the owner is responsible for water, sewer, and garbage services at approximately $350 per month (around $4,200 annually). Each unit features 2 bedrooms, with a 4-piece bathroom in the basement and a 2-piece bathroom on the main floor. Additional annual expenses include property taxes of $5,656, insurance of $4,934 (as reported last year), and minimal maintenance costs—about $1,000 in miscellaneous expenses in 2024. Management fees are set at 8.5% of the gross income, which comes to roughly $4,896 per year, and the property has enjoyed no vacancies in recent years. With these expenses, the net operating income comes to approximately $36,914, resulting in a cap rate of roughly 5.5%. Located beside both the Eagle Hockey Area and the Blackfalds Library, this property presents a compelling investment opportunity in a prime location.
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Possession:
Possession Date:
Home Style:
Bi-Level
Total Living Area:
2,234 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Year built:
1978 (Age: 47)
Bathrooms:
- (Full:-, Half:-)
Plan:
7721734
Heating:
Forced Air, Natural Gas
Basement:
Finished
Structure Type:
Four Plex
Ensuite:
No
Garage:
0
Parking Places:
4
Parking Total/Covered:
4 / -
Blackfalds - Other
4 Stoves, 4 Fridges, 4 Washers, 4 Dryers, 1 Garden Shed
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Lacombe County
Zoning:
R2
Listed Date:
Feb 06, 2025
Days on Mkt:
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Listed by Maxwell Real Estate Solutions Ltd.
Data was last updated May 22, 2025 at 08:05 AM (UTC)
Diane Richardson
Cell: 403-397-3706