Riverstone is the river valley phase of Cranston, developed by Brookfield Residential on the escarpment above the Bow River in south-east Calgary. It is the most expensive part of Cranston and sits well below the community above it, connected directly to the river pathway system.
Product here is estate and villa rather than entry-level: larger lots, walkouts stepping toward the valley, and a number of bungalow villa developments aimed at downsizers who want the river without stairs. Residents share the Cranston Century Hall association amenity with the rest of Cranston.
Riverstone is late in its build-out. Most remaining opportunities are resale or final estate and villa releases, and view lots command significant premiums over interior sites.
Commute note: Approximate drive to downtown Calgary via Deerfoot Trail or Stoney Trail. Off-peak roughly 27 minutes, peak roughly 35 minutes.