Cranston, Calgary · MLS® A2336684
111
572 sq ft · Condo · Single Family · built 2023 · 73 days on market
listed by Neil Rowlandson, CIR Realty
**1307 – 42 Cranbrook Gardens SE | Riverstone Manor**Welcome to **Riverstone Manor in Cranston’s sought-after Riverstone community**, where modern design meets one of the best natural settings in southeast Calgary. **Perfectly positioned on the third level with a sunny south-facing exposure overlooking the scenic pond**, this beautifully maintained home enjoys a premium location within the building and an abundance of natural light throughout.Inside, the bright, open-concept living space feels fresh, clean and contemporary. The **crisp white kitchen** features sleek **quartz countertops**, stainless steel appliances and ample cabinetry, creating a timeless backdrop that flows easily into the dining and living areas. Large windows draw your attention outside to the peaceful pond views, while the adjoining balcony offers an ideal place to enjoy your morning coffee, unwind at the end of the day or simply take in the sunshine and surrounding landscape.The bedroom is comfortable and well proportioned, complemented by a modern full bathroom and convenient **in-suite laundry**. Thoughtful finishes and the home's exceptionally well-kept condition make it truly move-in ready.Built by **Cedarglen Living in 2023**, Riverstone Manor offers modern construction in an exceptional location just steps from walking and biking pathways, green space and the Bow River, with convenient access to Cranston and nearby Seton amenities. A **titled parking stall** adds valuable everyday convenience.For buyers looking for a newer condo, this is a combination that is difficult to duplicate: **modern finishes, sunny south exposure, an elevated third-floor position and a peaceful pond view in one of Riverstone’s most attractive locations.****Come experience the view, the sunshine and the setting for yourself — book your private showing today.**
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,198 · tax $149 · strata $243 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Calgary: CMHC's average there ($1,581) lowered by what new tenants pay against everyone in the Calgary area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
Nearest public (CBE) and Catholic schools, by distance
The nearest school isn't always the designated one, and Calgary's boards don't publish their boundaries as open data. Check this address with the CBE school finder or Calgary Catholic's. School locations: City of Calgary open data.
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$269,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $269,000 |
| 2025 | $290,500 |
| 2024 | $226,000 |
From City of Calgary open data (property assessments), matched to 1307 42 CRANBROOK GD SE. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,789 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,788 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.
Walkability 20/100 · Mostly by car
Within a 10 minute walk: 9 parks and playgrounds, 5 transit stops.
mihom score from OpenStreetMap places, by straight line distance.