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.

SE Calgary Real Estate: Triple Car Garage Homes, Bungalows, Townhomes, and New Construction Listings

SE CALGARY BUNGALOWS  SE CALGARY TOWNHOUSES 
SE CALGARY WALKOUT BASEMENT HOMES  SE CALGARY JUST LISTED HOMES 
SE CALGARY NEW BUILD HOMES SE CALGARY TRIPLE CAR GARAGE HOMES

Find Your Perfect Home in Southeast Calgary: Browse by Price Range

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$400,000 - $500,000 $700,000 - $800,000 SW CALGARY HOMES FOR SALE

Contact Diane Richardson: 

Get in Touch with Your Questions or to Schedule Viewings via Phone, Email, Contact Form, or Live Chat

Contact Options:

  • 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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    This is a great way to get immediate answers to your questions. To ensure a prompt response, please include the property address or MLS® number for the listing you are interested in.

Southeast Calgary Homes for sale $400,000 to $500,000|SE Calgary HomesKillarney/Glengarry
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212 32 Avenue NE
Highland Park Calgary T2E 2G7

$4,700,000
Multi-Family 12,258 sq. ft. built: 2025

Main Photo: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
Photo 1: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
Photo 2: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
Photo 3: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
Photo 4: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
Photo 5: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2234264
Year Built:
2025
Brand-New 12-Unit Multifamily Building for Sale | Purpose-Built Rental with Legal Suites | CMHC MLI Select Eligible | Inner-City Calgary. Exceptional opportunity to purchase a newly constructed, purpose-built 12-unit multifamily building located at 212 32 Avenue NE in Calgary, Alberta. This investment property is situated in the highly sought-after inner-city community of Highland Park, just minutes from downtown Calgary, major commuter routes, transit, schools, shopping, and the future Green Line LRT. Designed for maximum income generation, this development features 6 self-contained townhome-style units above grade and 6 fully legal one-bedroom basement suites—each with private entry, separate HVAC systems, and in-suite laundry. Professionally designed by John Trinh & Associates, this new construction multifamily property offers investors long-term durability, contemporary architecture, and excellent curb appeal. All units are individually metered and built to the latest Alberta Building Code standards, with sound attenuation and fire separation in place. Tenants enjoy functional, well-laid-out living spaces with high ceilings, full kitchens, spacious bedrooms, and modern finishes throughout. This is a turn-key, low-maintenance income property ideal for long-term holds and passive income. Strategically positioned near Edmonton Trail, Centre Street, and 16 Avenue NW/Trans-Canada Highway, this rental property offers unmatched access to Calgary’s downtown core, SAIT, University of Calgary, Foothills Hospital, and major employment hubs. With strong population growth, limited new rental supply, and increasing demand for high-quality inner-city housing, this location ensures sustained rental performance and long-term appreciation. This property is fully eligible for the CMHC MLI Select program, allowing qualified buyers to finance with as little as 5% down and amortizations up to 50 years. This creates unparalleled leverage, optimized monthly cash flow, and superior return on investment. Investors can maximize borrowing power while benefiting from stable, long-term debt at CMHC-insured rates. Whether you’re an experienced real estate investor or new to multifamily ownership, this offering presents one of Calgary’s best opportunities to secure a high-performing, cash-flowing asset in a growing inner-city market. Full pro forma, floor plans, construction specifications, and financial analysis available upon request.
Property Type:
Multi-Family
Property Sub Type:
Row/Townhouse
Transaction Type:
For Sale
Possession:
Possession Date:
Total Living Area:
12,258.36 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
8,632 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:
2025 (Age: 0)
Bathrooms:
- (Full:-, Half:-)
Plan:
5942AD
New Constr.:
Yes
Structure Type:
Five Plus
Ensuite:
No
Garage:
1
Parking:
Quad or More Detached
Parking Places:
6
Parking Total/Covered:
6 / -
Highland Park (Calgary)
Dishwasher, Garage Control(s), Gas Range, Humidifier, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer/Dryer Stacked
None
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
Jun 30, 2025
Days on Mkt:
  • Photo 1: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
    Photo 1 of 5
  • Photo 2: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
    Photo 2 of 5
  • Photo 3: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
    Photo 3 of 5
  • Photo 4: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
    Photo 4 of 5
  • Photo 5: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
    Photo 5 of 5
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Listed by Real Broker
Data was last updated July 16, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
32
Avg list price:
$2,387,500
Min list price:
$649,900
Max list price:
$13,800,000
Avg days on market:
42
Min days on market:
1
Max days on market:
192
Avg price per sq.ft.:
$530.57
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.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA