Southeast Calgary Homes for Sale: $500,000 to $600,000 Price Range (Updated Daily)

For those seeking affordability without sacrificing quality, the southeast quadrant of Calgary offers a wide selection of homes priced between $500,000 and $600,000. This price bracket is perfect for first-time homebuyers, young professionals, and small families, providing access to vibrant communities with plenty of amenities.

Key Highlights of Southeast Calgary Homes for Sale ($500,000 to $600,000):

  • Comfortable Living Spaces: Homes in this range often feature modern layouts, efficient use of space, and are designed with both style and practicality in mind.

  • Contemporary Features: Expect to find homes with updated kitchens, bathrooms, and fixtures, as well as appealing touches like hardwood floors, stainless steel appliances, and energy-efficient systems.

  • Community Amenities: Southeast Calgary is known for its excellent schools, abundant parks, and a variety of community centers that offer programs and services for all ages.

  • Outdoor Recreation: Residents can enjoy easy access to nature trails, public parks, and other outdoor recreational facilities, perfect for active lifestyles and weekend adventures.

  • Proximity to Essentials: The area boasts great connectivity to Calgary's city center and major highways, plus proximity to shopping, dining, and entertainment options, ensuring convenience at every turn.

  • Investment Opportunity: This price range is particularly attractive for those looking to enter the housing market, with potential for property value appreciation due to Calgary’s growing demand and development.

Partner with a Trusted Real Estate Expert: Diane Richardson, with her extensive experience in Southeast Calgary’s real estate market, is ideally positioned to help you navigate your home buying journey. Diane’s commitment to client satisfaction and her knowledge of the market trends make her an invaluable resource for any buyer.

Contact Diane Richardson:

Embark on Your Home Buying Journey in Southeast Calgary

Whether you are a first-time buyer or looking to downsize, the homes in the $500,000 to $600,000 range offer great value and a supportive community environment. Let Diane Richardson assist you in finding a home that meets your needs and budget in one of Calgary’s most appealing areas.

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.

  • Live Chat: Connect with me in real-time through the live chat feature on my website for immediate answers to your questions.
    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.

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2316 16 Street SW
Bankview Calgary T2T 4E7

$1,350,000
Multi-Family 2,354 sq. ft. built: 1955

Main Photo: 2316 16 Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2193118
Photo 1: 2316 16 Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2193118
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Photo 17: 2316 16 Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2193118
Photo 18: 2316 16 Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2193118
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2193118
Year Built:
1955
Discover a prime investment with this fully renovated M-CG zoned luxury fourplex, perfectly situated in Bankview—just steps from downtown, vibrant 17th Avenue, and parks. The backyard overlooks the beautiful Bankview Community Garden, offering tenants an idyllic setting. Tenants enjoy the convenience of walking to work, with the Sunalta CTrain station, Mount Royal University, the University of Calgary, and Shaganappi Point Golf Course all nearby. Fully renovated in 2016, the property boasts energy-efficient windows, a new roof, updated interior and exterior, modern appliances, and a state-of-the-art glycol heating system that reduces heating costs by 60%. The building includes four spacious 1-bedroom units, each with in-suite laundry, storage, and private entrances. The lower units offer walk-out access, while ample parking accommodates all tenants. Market rents are $1,700 per month for upper units and $1,450 for lower units, with the potential to generate an impressive $75,600 annually, with room for future increases. All units are currently rented, and there is an option to retain the existing management company at a reduced fee. Don't miss this exceptional investment opportunity!
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Possession:
Possession Date:
Total Living Area:
2,353.6 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:
0
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:
Feb 06, 2025
Days on Mkt:
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Listed by Datong Property Management Ltd.
Data was last updated February 23, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$1,390,000
Min list price:
$899,999
Max list price:
$3,200,000
Avg days on market:
16
Min days on market:
1
Max days on market:
81
Avg price per sq.ft.:
$571.68
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