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    2407 522 Cranford Drive SE in Calgary: Cranston Apartment for sale : MLS®# A2231404

    2407 522 Cranford Drive SE in Calgary: Cranston Apartment for sale : MLS®# A2231404

    Begin your search of investment property listings in Calgary with a price range of up to $600,000 below. Whether it be a condo, townhome, or single-family residence, investing in well-priced real estate can generate a second source of income and create more financial security for those looking to take the step.

    Find out more about Calgary investment properties for sale or to schedule a private showing of any listing(s) below, contact our team of experienced real estate agents anytime at 403.370.4008 and they will be happy to assist you!

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    2407 522 Cranford Drive SE
    Cranston Calgary T3M 2L7

    $364,900
    Residential beds: 2 baths: 2.0 833 sq. ft. built: 2018

    Main Photo: 2407 522 Cranford Drive SE in Calgary: Cranston Apartment for sale : MLS®# A2231404
    Photo 1: 2407 522 Cranford Drive SE in Calgary: Cranston Apartment for sale : MLS®# A2231404
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    Status:
    Active
    Prop. Type:
    Residential
    MLS® Num:
    A2231404
    Bedrooms:
    2
    Bathrooms:
    2
    Year Built:
    2018
    Welcome to this beautiful top-floor apartment located in the desirable, family-friendly community of Cranston in South Calgary! This well-maintained unit features 2 spacious bedrooms, 2 full bathrooms, a private balcony, and a titled underground parking stall. Enjoy peace and privacy with no neighbors above, along with access to scenic walking paths, parks, and amenities that make Cranston a perfect place to call home. Ideal for first-time buyers, investors, or anyone looking to enjoy a vibrant and welcoming neighborhood!
    Property Type:
    Residential
    Property Sub Type:
    Apartment
    Condo Type:
    Conventional Condo
    Transaction Type:
    For Sale
    Possession:
    Possession Date:
    Suite:
    No
    Home Style:
    Apartment-Single Level Unit
    Total Living Area:
    833.13 sq. ft.
    Lower Level Finished Area:
    Above Grade Finished Area:
    Taxes:
    Tax Assessed Value:
    Condo Fee:
    $492.00
    Condo Fee Includes:
    Common Area Maintenance, Heat, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Water
    HOA Fee Frequency:
    Annually
    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:
    Front Exposure:
    West
    Reg. Size:
    Reg. Size Includes:
    Unit Exposure:
    East
    Floor Location:
    Top
    Entry Level:
    4
    Stories Total:
    5
    Levels:
    Single Level Unit
    End Unit:
    2+ Common Walls
    Total Rooms Above Grade:
    5
    Year built:
    2018 (Age: 7)
    Bedrooms:
    2 (Above Grd: 2)
    Bedrooms Above Grade:
    2
    Bedrooms Below Grade:
    0
    Bathrooms:
    2.0 (Full:2, Half:0)
    Plan:
    1712368
    Heating:
    Baseboard, Natural Gas
    New Constr.:
    No
    Construction Material:
    Composite Siding, Wood Frame
    Structure Type:
    Low Rise (2-4 stories)
    Ensuite:
    Yes
    Flooring:
    Carpet, Laminate, Tile
    Cooling:
    Wall Unit(s)
    Fireplaces:
    0
    Garage:
    0
    Parking:
    Stall, Titled, Underground
    Parking Places:
    1
    Parking Total/Covered:
    1 / -
    Laundry Features:
    In Unit
    HOA Fee:
    $180.50
    Condo Fee Frequency:
    Monthly
    Cranston Ridge
    Cranston
    Elevator(s), Playground, Visitor Parking
    Dishwasher, Dryer, Electric Cooktop, Oven-Built-In, Refrigerator, Washer
    N/A
    Pet Restrictions or Board approval Required
    Restrictions
    Floor
    Type
    Size
    Other
    Main Floor
    Bedroom - Primary
    11'10" × 10'11"
    Main Floor
    Bedroom
    10'10" × 10'
    Main Floor
    Kitchen
    11'6" × 10'4"
    Main Floor
    Dining Room
    8' × 8'
    Main Floor
    Living Room
    19'6" × 14'9"
    Floor
    Ensuite
    Pieces
    Other
    Main Floor
    No
    4
    5' x 8'
    Main Floor
    Yes
    4
    7'6" x 7'11"
    Title to Land:
    Fee Simple
    Community Features:
    Golf, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
    Interior Features:
    Breakfast Bar, High Ceilings, Open Floorplan, Vinyl Windows
    Exterior Features:
    Balcony, BBQ gas line, Playground, Storage
    Patio And Porch Features:
    Balcony(s)
    Num. of Parcels:
    0
    Region:
    Calgary
    Zone:
    CAL Zone SE
    Zoning:
    M-2
    Listed Date:
    Jun 15, 2025
    Days on Mkt:
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    Listed by KIC Realty
    Data was last updated June 17, 2025 at 04:05 AM (UTC)
    Area Statistics
    Listings on market:
    113
    Avg list price:
    $664,900
    Min list price:
    $239,900
    Max list price:
    $1,936,000
    Avg days on market:
    23
    Min days on market:
    3
    Max days on market:
    105
    Avg price per sq.ft.:
    $409.28
    These statistics are generated based on the current listing's property type and located in Cranston. Average values are derived using median calculations.
    CODY BATTERSHILL
    powered by myRealPage.com

    Why Buy an Investment Property in Calgary?

    • Generate a second source of stable income by renting out the property or turning it into an Air BnB, creating more financial freedom and / or stability
    • Build equity and wealth which will grant you more leverage to buy more properties and increase cash flow even more
    • Appreciation can help you turn a profit when it’s time to sell

    Calgary Multi-Family Investment Properties

    Calgary investment property listings

    Investors often look towards condos and townhomes when browsing for real estate investment opportunities in Calgary. Multi-family properties have much lower maintenance than their single-family counterparts and are more affordable on a comparative basis which means less expenses on things like property tax, landscaping and other associated costs.

    One-bedroom condos in Calgary’s city centre with around 500 square feet starting at $1,200 is not uncommon to see. Two-bedroom units usually range from $1,700 and up, although these actual figures vary depending on a number of factors such as building age, community, and square footage.

    Find many condo investment opportunities in these popular areas of downtown and the inner city:

    Townhomes also present an excellent investment opportunity. Suburban units in communities like Evanston, Legacy and Saddle Ridge, for example, offer large square footage and in some cases double-attached garages. These rental properties can command a starting price anywhere from the $1,600 to $1,800 range depending on the features and location of the home.

    Inner city townhomes also present a great opportunity for investors as they are in higher demand and command a higher rental price, but the initial capital investment will be larger versus a suburban unit:

    Suburban multi-family units are also a sound investment with a much lower initial cost, but also will command a lower rent than their inner city counterparts. Discuss your real estate goals with an experienced Realtor® who will be able to help you make the best decision for your wants and needs as an investor.

    Considerations Before Investing in a Rental PropertyCody Battershill REMAX Real Estate Agent LinkedIn referrals

    #1 – Neighbourhood

    The community you decide to buy in will determine the type of tenants you attract and the monthly rent you can charge. Buying a property in Calgary near a post-secondary institution, for example, will attract students looking for more affordable prices. A residence in the inner city near a train station would likely attract urban professionals working in the city centre who have more cash flow.

    #2 – Walkability

    Investment properties in the city centre of Calgary offer much more walkability than similar units in a suburban community. Being able to walk to a restaurant down the street rather than jumping in the car and driving for several minutes adds value to any rental property and will help you command a larger rent.

    #3 – Amenities

    Once again, amenities relate to the location of your investment property in Calgary. A unit with quick-and-easy access to recreation centres, outdoor parks, public transportation, shopping malls, river pathways and other major amenities will provide the opportunity to ask for a higher rent per month.

    #4 – Property Taxes

    Investing in Calgary real estate means you’ll have property tax to pay. Just how much is the average annual cost for this in your area, and does the cost make it not a feasible property to buy from a financial standpoint? Consider taxes before making any moves!

    #5 – Vacancies and Units Available

    Investing in real estate in a saturated market will require you to lower rent to attract tenants. The whole purpose of a second income is to maximize its potential, so consider doing some research on the number of units available within a certain area of the city before buying a property as an investment.

    Contact an Investment Property Specialistask a Calgary inner city real estate agent

    Thinking about investing in Calgary real estate? As highly experienced Realtors® in Calgary, we’ve helped many locals and foreigners alike navigate the investment property market and would love to put our knowledge and skillset to work for you.

    Contact Cody and Jordan direct anytime at 403.370.4008 to discuss your real estate plans! Get a 100% Free, No-Obligation Evaluation for your property in Calgary today!

    We are looking forward to helping you accomplish your real estate goals!

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