Cranston Calgary Luxury Homes for Sale: Unparalleled Living in a Premier Community (Updated Daily)

Located in the southeast quadrant of Calgary, the Cranston community has emerged as one of the city's most desirable neighborhoods for luxury homebuyers. Offering a harmonious blend of natural beauty, modern conveniences, and uncompromising craftsmanship, Cranston's luxury homes captivate those seeking the pinnacle of suburban living.

Key Features of Cranston Calgary Luxury Homes

  1. Architectural Distinction: Cranston's luxury homes showcase a diverse array of architectural styles, from classic elegance to contemporary flair, all characterized by the use of premium materials and meticulous attention to detail.

  2. Generous Square Footage: These homes boast expansive living spaces, often ranging from 3,000 to 6,000 square feet, providing ample room for comfortable living and elegant entertaining.

  3. Opulent Interiors: Cranston's luxury homes are designed with the discerning homebuyer in mind, featuring high-end finishes, custom cabinetry, designer appliances, and lavish master suites.

  4. Exceptional Outdoor Spaces: Many Cranston luxury homes offer meticulously landscaped yards, private swimming pools, outdoor kitchens, and other exclusive amenities that seamlessly blend indoor and outdoor living.

  5. Community Amenities: Residents of Cranston enjoy access to an impressive array of community amenities, including parks, walking trails, recreational facilities, and the vibrant Cranston Residents' Association (CRA).

  6. Convenient Location: The Cranston community is strategically situated near major highways, public transit options, shopping centers, schools, and a variety of entertainment and recreational venues.

Current Cranston Calgary Luxury Homes for Sale

The Cranston luxury real estate market currently offers an exceptional selection of high-end properties, with prices typically ranging from $1,200,000 to $2,500,000.

Work with a Trusted Real Estate Agent

To explore the latest Cranston luxury home listings and find your dream property, it is recommended to work with an experienced real estate agent like Diane Richardson. Diane's in-depth knowledge of the local market and commitment to personalized service will ensure a seamless and successful home-buying experience.

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

Discover the Epitome of Luxury Living in Cranston, Calgary

Embrace the unparalleled quality of life, exceptional community amenities, and architectural excellence that Cranston's luxury homes have to offer. Partner with Diane Richardson to find your dream home in this premier Calgary neighborhood.

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.

  3. Email address: Reach out to me at Diane@Mypadcalgary.com with any questions or to request more information.

  4. Live chat: Utilize the live chat feature on my website to get in touch with me in real-time and receive immediate answers to your questions.

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

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2316 16 Street SW
Bankview Calgary T2T 4E7

$950,000
Multi-Family 2,342 sq. ft. built: 1955

Main Photo: 2316 16 Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2244497
Photo 1: 2316 16 Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2244497
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Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2244497
Year Built:
1955
Open house 3:30-5pm. Sunday Sep 14, 2025. Offer will be presented 8-9pm Thursday Sep 18, 2025. But we may accept offer early if seller is satisficed with an offer. Discover a prime investment with this luxury fourplex—fully upgraded, centrally located, and perfectly situated in Bankview—offering unbeatable rental appeal just steps from downtown, transit, parks, and vibrant 17th Avenue. Overlooking the scenic Bankview Community Garden, it provides a serene setting for tenants. Renovated in 2016, it features energy-efficient windows, a new roof, modern appliances, and a state-of-the-art glycol heating system that reduces heating costs by 60%. Each of the four spacious 1-bedroom units (2,343 square feet total) has in-suite laundry, storage, and private entrances, while the lower units enjoy walk-out access. A 148-square-foot utility room adds extra functionality, and ample parking ensures convenience. With market rents generating $67,200 annually ($1,500 upper, $1,300 lower) and room for future increases, this property delivers immediate positive cash flow and strong long-term appreciation. Let tenants pay your mortgage while you build wealth and secure your future. The astute investor can achieve semi or even full retirement upon purchase. Opportunities like this are rare—act now!
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Possession:
Possession Date:
Total Living Area:
2,342 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
2,331.6 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
4,951 sq. ft.
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:
1955 (Age: 70)
Bathrooms:
- (Full:-, Half:-)
Plan:
5228AF
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Composite Siding
Structure Type:
Four Plex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Laminate
Garage:
No
Parking:
Parking Pad
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
In Unit
Bankview (Calgary)
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
NO
None Known
Title to Land:
Fee Simple
Community Features:
Park, Shopping Nearby
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-CG
Listed Date:
Jul 30, 2025
Days on Mkt:
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Listed by Datong Property Management Ltd.
Data was last updated October 6, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$1,650,000
Min list price:
$865,000
Max list price:
$13,800,000
Avg days on market:
67
Min days on market:
3
Max days on market:
165
Avg price per sq.ft.:
$561.51
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations. This data is not produced by the MLS® system.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA