Southeast Calgary Homes for Sale: $400,000 to $500,000 Price Range (Updated Daily)

For budget-conscious homebuyers looking for great value and quality, Southeast Calgary offers a diverse selection of properties in the $400,000 to $500,000 price range. This price bracket is ideal for first-time buyers, young couples, and small families looking to establish roots in a vibrant and growing community.

Key Highlights of Southeast Calgary Homes for Sale ($400,000 to $500,000):

  • Variety of Home Styles: In this price range, buyers can find a mix of single-family homes, duplexes, and townhouses that are both modern and efficient.

  • Updated Features: Many homes in this bracket have been updated with modern finishes, including stainless steel appliances, hardwood floors, and contemporary bathroom fixtures.

  • Community Amenities: Southeast Calgary is known for its excellent schools, community centers, and abundance of parks and green spaces, making it a desirable location for families.

  • Outdoor Recreation: The proximity to various parks, walking trails, and recreational facilities ensures that residents have plenty of options for outdoor activities.

  • Convenient Access: The area offers convenient access to major roadways and public transit, making it easy to commute to downtown Calgary and other areas.

  • Strong Investment Opportunity: With the continuous growth of the Calgary area, homes in this price range offer strong potential for appreciation, making them a wise investment for the future.

Partner with a Local Real Estate Expert: Diane Richardson, with years of experience in the Southeast Calgary real estate market, provides personalized and knowledgeable assistance to help you find the right home at the right price. Diane’s commitment to her clients ensures a smooth and successful home buying experience.

Contact Diane Richardson:

Discover Affordable Living in Southeast Calgary

Whether you are a first-time homebuyer or looking to downsize, the homes in the $400,000 to $500,000 range in Southeast Calgary offer exceptional value and a community-oriented lifestyle. Contact Diane Richardson today to begin your search for the perfect home in this friendly and dynamic area.

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  • Contact Form: Use the form on my website to send me a message directly. Please provide your name, email address, and message, and don't forget to include the property address or MLS® number for the listing you're interested in.

  • Phone Number: Call me directly at 403.397.3706 for any questions or to schedule viewings.

  • Email Address: Send me an email at Diane@Mypadcalgary.com for additional information or questions you may have.

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1713,1717,1721 45 Street Street SE
Forest Lawn Calgary T2A 1N4

$2,500,000
Multi-Family 3,103 sq. ft. built: 1959

3 identical straight line lots
Photo 1: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
Photo 2: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
Photo 3: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
Photo 4: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
Photo 5: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
Photo 6: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
Photo 7: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
Photo 8: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
Photo 9: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
Photo 10: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
Photo 11: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
Photo 12: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2204173
Year Built:
1959
This 17,631 sq. ft. land assembly at 1713, 1717 & 1721 45 St SE is being sold as a package of all three properties, offering an exceptional multi-family development opportunity in one of Calgary’s fastest-growing urban corridors. With 147 feet of frontage and 126 feet of depth, this MC1-zoned site is primed for townhomes, stacked rowhomes, or a mid-rise apartment project. Developers also have the opportunity to apply for MC2 rezoning, allowing for increased density, greater building height, and maximized returns. Under the current MC1 zoning, a developer could build up to 18-24 multi-residential units, depending on the design and site configuration. With a successful rezoning to MC2, density could increase further, making it possible to develop 30+ units, maximizing land use and investment potential. Located 10 minutes from downtown, this site provides quick access to downtown and major roadways like 17th ave and Memorial Dr, making it an attractive option for future residents. Public transit is already in place with a MAX Purple express station within walking distance and with the upcoming Green Line LRT expansion, connectivity and long-term property value will only improve. The City of Calgary has also committed to streetscape enhancements, pedestrian-friendly infrastructure, bike lanes, and public space improvements, increasing the area's appeal and livability. This location is ideal for a long-term investment or a high-yield development project. The site offers alley access and an extra wide street, allowing for efficient site planning, parking, and construction flexibility. Additionally, two of the three properties are tenant-occupied, providing immediate holding income while development plans are finalized. Please don't disturb the tenants, detailed showings will be accommodated directly through the selling agent.
Property Type:
Multi-Family
Property Sub Type:
Row/Townhouse
Transaction Type:
For Sale
Possession:
Possession Date:
Home Style:
Bungalow
Total Living Area:
3,103.35 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
17,631 sq. ft.
Lot Frontage:
147'
Lot Details:
147 x 126
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:
1959 (Age: 66)
Bathrooms:
- (Full:-, Half:-)
Plan:
Multiple
New Constr.:
No
Structure Type:
Other
Ensuite:
No
Garage:
1
Parking:
Alley Access, Off Street, Quad or More Detached
Parking Places:
6
Parking Total/Covered:
6 / -
Forest Lawn
Appliances
See Remarks
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone E
Zoning:
M-C1
Listed Date:
Apr 02, 2025
Days on Mkt:
  • Photo 1: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
    3 identical straight line lots
  • Photo 2: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
    Photo 2 of 12
  • Photo 3: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
    Wide street & alley access
  • Photo 4: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
    Photo 4 of 12
  • Photo 5: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
    Photo 5 of 12
  • Photo 6: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
    Less than 10km to downtown
  • Photo 7: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
    MAX Purple bus station steps away
  • Photo 8: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
    Grocery store options
  • Photo 9: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
    Restaurants and shops
  • Photo 10: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
    Amenities
  • Photo 11: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
    Close to parks & schools
  • Photo 12: 1713,1717,1721 45 Street Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2204173
    Photo 12 of 12
Listed by Real Broker
Data was last updated June 17, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$1,800,000
Min list price:
$925,000
Max list price:
$12,750,000
Avg days on market:
34
Min days on market:
3
Max days on market:
163
Avg price per sq.ft.:
$475.69
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA