Calgary Homes for Sale Under $500,000 | Affordable Real Estate Listings
Looking for homes for sale in Calgary under $500,000? Calgary offers a range of affordable housing options including single-family homes, townhouses, and condos. Whether you're a first-time buyer or an investor, these properties are ideal for those seeking both affordability and modern convenience.
Explore the latest Calgary real estate listings under $500K, featuring homes with large yards, updated kitchens, and access to schools, parks, and shopping centers. Popular communities for affordable homes include SE Calgary and areas close to the downtown core.
Start your search for townhomes and condos under $500,000 in Calgary today. From family-friendly communities to investment properties, the city offers options that suit various lifestyles and budgets. Enjoy proximity to public transit and local amenities while living in an affordable neighborhood.
Contact Diane Richardson
Phone: 403.397.3706
Email: diane@mypadcalgary.com
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Calgary Homes for Sale Under $500,000 | Affordable & Family-Friendly Options
Detached homes for sale in Calgary under $500,000, Calgary detached house listings under $500,000
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285 Fresno Place NE in Calgary: Monterey Park Detached for sale : MLS®# A2251582
285 Fresno Place NE Calgary T1Y 6Y3 
$495,000Residential- Status:
- Active
- MLS® Num:
- A2251582
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,893 sq. ft.
Located on a quiet street with easy access to schools, parks, public transportation, the Monterey Food Centre, and minutes from Sunridge and East Hills Shopping Centre, this home combines convenience with versatility. Commuting is simple with quick connections to the Trans-Canada Highway and Stoney Trail. The lower level features an illegal suite with an open-concept kitchen, dining, and living area. A large island with eating bar adds functionality, while a back door opens directly to the yard. Three bedrooms, a full 3-piece bathroom, and separate laundry complete this level. A private entrance leads to the upper level, offering two additional bedrooms, a spacious living room with a cozy gas fireplace, and a second kitchen with stainless steel appliances. A second washer/dryer set adds extra practicality. This home also includes a single attached garage, extra parking on a wide driveway, and a fully fenced pie-shaped lot with an oversized 27’ x 14’ deck—perfect for outdoor entertaining. With its flexible layout, rental potential, and prime location, this property is a fantastic opportunity for both families and investors. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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67 Tarington Road NE in Calgary: Taradale Detached for sale : MLS®# A2258719
67 Tarington Road NE Calgary T3J 3X1
$519,900Residential- Status:
- Active
- MLS® Num:
- A2258719
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,620 sq. ft.
Welcome to one of the largest homes in the area — offering exceptional space, comfort, & versatility for both large & small families. If you’ve been searching for generously sized rooms, this is the home for you! This well-maintained property features three spacious bedrooms & two and a half baths. The expansive kitchen & dining area is ideal for family gatherings, showcasing an abundance of cabinetry, a large island with sink & dishwasher, & plenty of room to cook & entertain. The partially developed basement is ready for your finishing touches, allowing you to customize the space to suit your needs. Outside, you’ll love the good-sized west-facing backyard — perfect for relaxing in the afternoon sun or hosting summer barbecues. Pride of ownership is evident throughout — this home truly impresses with its thoughtful layout & inviting feel. Welcome home! More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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8051 Laguna Way NE in Calgary: Monterey Park Detached for sale : MLS®# A2265443
8051 Laguna Way NE Calgary T1Y 7A3
$515,000Residential- Status:
- Active
- MLS® Num:
- A2265443
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,599 sq. ft.
| WALKOUT BASEMENT – 2 BEDROOM ILLEGAL SUITE | LARGE CORNER LOT | 4 BEDS + BONUS AREA | 2 FULL BATHS | With over 2000 sq. ft. of developed living space, this fully finished 4-level split in the established community of Monterey Park NE offers an excellent opportunity for investors or first-time buyers seeking space and flexibility. Set on a generous fenced corner lot, the property provides ample room for families, outdoor entertaining, and includes a storage shed for added convenience. The main floor features a bright living and dining area with vaulted ceilings and an open view to the upper level. The kitchen offers plenty of counter space and overlooks the main living area, an ideal setup for families or gatherings. A stackable laundry set is also located on this level. The upper floor includes two bedrooms plus a bonus area, which can easily be converted into a third bedroom or office, along with a full 4-piece bathroom and an open loft-style family space. The walkout level offers a separate entrance, a spacious family room, a second kitchen, a full bathroom, and separate laundry, providing great potential for a live-up/rent-down setup or extended family living. The basement is fully developed with two additional bedrooms and utility area- (NEW water tank- 2023) Located on a quiet street close to schools, shopping, parks, and major roadways, this home delivers exceptional value and versatility. Flexible possession available. Don't miss out on this exceptional community! Book a showing Now! Disclaimer – Some images have been virtually decluttered using artificial intelligence to highlight interior space More detailsListed by Royal LePage METRO- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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16 Tararidge Drive NE in Calgary: Taradale Detached for sale : MLS®# A2250048
16 Tararidge Drive NE Calgary T3J 2P8
$490,000Residential- Status:
- Active
- MLS® Num:
- A2250048
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,588 sq. ft.
Massive Corner Lot | Rear Paved Lane | Great Frontage | 4-Level Split | Separate Entry to Basement | Great Floor Plan | 3 Upper Level Bedrooms | 2 Basement Bedrooms | Ample Living Space | Large Windows | Great Location. Hurry and secure this 4-level split home with an incredible location. This home boasts 2,071 SqFt throughout all 4 levels with great lighting. With a great floor plan, this home has a future for a family to rest and relax. The large yard and rear alley is a great bonus to this property. Book your showing today! More detailsListed by RE/MAX Crown- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
-
5611 Temple Drive NE in Calgary: Temple Detached for sale : MLS®# A2263006
5611 Temple Drive NE Calgary T1Y 3R7
$500,000Residential- Status:
- Active
- MLS® Num:
- A2263006
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,584 sq. ft.
Investor Alert!!! Priced under the city assessed value with secondary suite potential in the basement (subject to approval and permitting by the city/municipality). Ideal location and unbeatable value for this spacious 5 bedroom home in Temple located one minute away from a strip mall and less than 10 minutes away from the LRT, Village Square Leisure Center, Sunridge Mall and Marlborough Mall with easy access to 52nd Street, 36th Street, and all the businesses and restaurants on 32nd Avenue. The main level features a spacious living room with a fireplace, a private dining room, laundry room, half bathroom and kitchen with a south facing window that lets in natural daylight. All bedrooms in the home feature large walk-in closets. The upper level features two bedrooms and a master bedroom with an ensuite bathroom while the lower level features a spacious living space, two bedrooms, utility room(s), and a full bath. The tankless water heater and furnace were both replaced in 2014 and the roof on the home/garage was replaced three years ago. The backyard is spacious with a double detached garage and a south facing deck, perfect for relaxing and entertaining on sunny days or a garden! Please use ShowingTime in order to book a showing and please be aware of the cats which are friendly and will generally avoid people. Act now before it's too late! More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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83 Templegreen Drive NE in Calgary: Temple Detached for sale : MLS®# A2263196
83 Templegreen Drive NE Calgary T1Y 4Z1
$360,000Residential- Status:
- Active
- MLS® Num:
- A2263196
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,469 sq. ft.
This two-storey home is located in the established community of Temple, close to schools, shopping, playgrounds, parks, and public transit. The property includes a single attached garage with a front driveway for added parking convenience. The main floor offers a spacious living room and dining area, along with a kitchen, breakfast nook, and a convenient two-piece bathroom. Upstairs you’ll find three bedrooms, including the primary bedroom with its own two-piece ensuite, as well as a full four-piece main bathroom. The backyard features mature trees and a deck, providing outdoor space with great potential for relaxation or future enhancements. This home is being offered as-is and presents an excellent opportunity for buyers looking to personalize a property to suit their own style and needs. More detailsListed by TREC The Real Estate Company- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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87 Cranberry Place SE in Calgary: Cranston Detached for sale : MLS®# A2228840
87 Cranberry Place SE Calgary T3M 0G7
$500,000Residential- Status:
- Active
- MLS® Num:
- A2228840
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,462 sq. ft.
This is a Civil Enforcement Sale under Part 7 of the Civil Enforcement Act in Alberta. Information as to the property has been obtained through previous MLS listings and civic records. This information although thought to be correct is not guaranteed to be so. The listing agent has not been able to gain entry to the home and as a result no interior photos are available. Master bedroom has a walk in closet with a 4 piece ensuite. Two additional bedrooms, a 4 piece bath and a laundry area complete the upper level. The main floor has a large living room with a bay window, an eat in kitchen, a dining room and a 2 piece bathroom. The lower level is not believed to be developed. Cranston has proven to be a good family friendly community and this property is close to schools, shopping and public transportation. More detailsListed by RE/MAX Realty Professionals- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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93 Martin Crossing Way NE in Calgary: Martindale Detached for sale : MLS®# A2258821
93 Martin Crossing Way NE Calgary T3J 3V3
$499,900Residential- Status:
- Active
- MLS® Num:
- A2258821
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 1,454 sq. ft.
** Brand New Hardie Board Siding ** 4 Level Split | 3 Bedrooms | 11 Foot Vaulted Ceilings | Open Floor Plan | Large Windows | Incredible Living Space | Stainless Steel Appliances | Gas Stove | Recessed Lighting | Ceiling Fans | Central Air Conditioning | Fresh Paint | New Carpet in 2 Bedrooms | New Linoleum | Basement Laundry | Fully Fenced Backyard | Double Detached Heated Garage | Rear Lane | Additional Street Parking | Close to All Amenities. Welcome to your gorgeous family home nestled in the heart of Martindale NE. The upgraded exterior has brand new hardie board siding which is hail, fire & storm resistant with a 30+ year life span. The upgrades don't end here; inside you'll find fresh paint, new linoleum in the kitchen and bathrooms, fresh carpet in 2 of the bedrooms, stainless steel appliances, a gas stove and central air conditioning! The front door opens to a foyer with closet storage and 3 steps up to the main level. The main level has an open floor plan with 11Ft vaulted ceilings and large windows that emphasize your space. The open concept living encourages a social atmosphere in this home when you are hosting your family dinners and holiday parties. The kitchen is outfitted with a gas stove, stainless steel appliances and ample cabinet storage. The dining room is centred with a ceiling fan great for airflow. Upstairs holds 3 great sized bedrooms and a 4pc bath. The primary bedroom has a walk-through closet with a cheater door to the 4pc bath. The 4pc bath has a tub/shower combo and single vanity with storage below. Downstairs, the walk-out lower level is built for comfort! The spacious family room has a corner gas adding warmth and comfort to this space. Head outside here to a patio perfect for BBQing. This also provides you access to the double detached garage. The lowest basement level holds a the laundry room, utility room and great storage space. The heated double detached garage with rear lane access provides you with parking for 2 vehicles year round. Additional street parking is also readily available at the front of the home. The location here can't be beat; close to transit, parks, playgrounds and all amenities - this home has everything within minutes! Hurry and book your showing today! More detailsListed by RE/MAX Crown- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
-
388 Cranberry Circle SE in Calgary: Cranston Detached for sale : MLS®# A2252900
388 Cranberry Circle SE Calgary T3M 0L8
$515,000Residential- Status:
- Active
- MLS® Num:
- A2252900
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,430 sq. ft.
From the moment you walk in, you’ll feel it—this is a home that just feels right. Warm, welcoming, and full of personality, it’s the kind of space where you can truly see yourself settling in and making memories. The morning light pours through the large windows in the living room, dancing across freshly painted walls and illuminating every thoughtfully updated detail. A cozy gas fireplace anchors the space, creating a perfect spot to gather on winter evenings or relax after a long day. This home has been lovingly cared for and transformed with an artist’s eye. The owner, a professional painter, has given every surface new life—from the walls and trim to the cabinetry and custom millwork. The kitchen is a standout feature, fully refreshed with a new backsplash, refinished cabinets with modern hardware, and a charming board and batten finish on the island that adds warmth and character. The dining room carries its own sense of style, thanks to designer wallpaper and an upgraded light fixture that makes even everyday meals feel special. Upstairs, you’ll find three comfortable bedrooms, each with new blinds and a calm, restful feel. The primary suite features a custom board and batten accent wall, making the space feel tailored and serene. Two full bathrooms upstairs—one an ensuite—make morning routines easy, and the upper-floor laundry adds everyday convenience. The basement is unfinished, offering you the opportunity to expand and customize the space to fit your needs—whether it’s a playroom, home office, or future guest suite. Outside, the backyard has been fully fenced, giving kids and pets room to run freely. The back deck has been refinished with a new railing and stain, creating a great space for weekend barbecues or quiet evenings under the stars. There’s also a gravel parking pad with alley access, leaving room for a future garage if desired. Located in the heart of Cranston, you’re just a short walk from the Bow River’s scenic trails and Cranston Market, where you’ll find Sobeys, a cozy coffee shop, pet store, local pub, medical clinic, gas station, and more. Everything you need is right here, all wrapped up in a vibrant, family-friendly community with schools and parks just minutes away. This is more than a house—it’s a fresh start, a place to grow, and a home that’s been truly prepared for someone new to love it. That someone might be you. More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
-
39 Saddlemont Manor NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2260865
39 Saddlemont Manor NE Calgary T3J 4Z5
$515,000Residential- Status:
- Active
- MLS® Num:
- A2260865
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,425 sq. ft.
Welcome to this bright and spacious 4-level split in the heart of Saddle Ridge. Located 3 min to grocery store, restaurant, parks, 5 min from Saddletown Station and 4 min from schools - its perfectly designed for convenience, comfort and family living. This move-in-ready home offers 1,424 sqft. of functional space, featuring soaring vaulted ceilings, oversized windows with coverings, and a thoughtful layout that blends style with practicality. The main floor showcases an inviting living room filled with natural light, a well-equipped kitchen with plenty of cabinetry, and a dining area ideal for everyday meals. Upstairs, discover two generous bedrooms, including a primary retreat with a 4-piece ensuite and relaxing jetted tub. On the lower level, enjoy a cozy family room anchored by a charming gas fireplace, an additional bedroom that works perfectly as a guest room, office, or teen space plus a walkout access to deck. The basement remains unfinished with a lot of storage space and also offering endless potential for a future development for additional bedroom, bathroom, rec room, or gym. Recent updates includes a brand-new roof, gutters/downspouts and siding repairs in 2025 - providing peace of mind for years ahead. Additional highlights include central A/C, a Single oversized detached garage, low-maintenance fenced yard, and a spacious deck for summer entertaining. This property is the perfect balance of location, lifestyle, and long-term potential. Don’t miss your chance to call this beautiful home yours. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
-
632 55 Street SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2242804
632 55 Street SE Calgary T2A 3R6
$518,888Residential- Status:
- Active
- MLS® Num:
- A2242804
- Bedrooms:
- 7
- Bathrooms:
- 3
- Floor Area:
- 1,422 sq. ft.
Investor Special – 3 Rental Streams, Greenspace, and R-CG Zoning! Rare opportunity to own a 1,422 sqft bungalow—the lowest-priced home of this size in Calgary—backing onto a greenspace in the high-demand community of Penbrooke Meadows. This property delivers immediate and proven cash flow with 3 potential rental streams: a 3-bedroom main floor, a 3-bedroom illegal basement suite with separate entrance (previously rented for $1,800/month), and a converted garage with private entry (previously rented for $800/month). That’s up to 3 tenants and 3 rents—a true cash cow for investors. Need garage space? Easily convert the 7th bedroom back to a Single Attached Garage, or take advantage of the back alley access and build a Brand-New Double Detached Garage to increase future resale value. Already upgraded with City-approved copper wiring and electrical meter, LED lighting, newer windows, ceramic & luxury vinyl flooring, and a 4–5-year-old roof, this property is solid and low-maintenance. Even better, it sits on an R-CG zoned lot, opening the door to future redevelopment, legal suites, or increased density—ideal for long-term portfolio growth. Located close to schools, shopping, parks, and major commuter routes (17th Ave, Memorial, Stoney, and Deerfoot), it's perfectly positioned to attract reliable tenants year-round. Live in one unit and rent the rest, renovate and flip, or hold for steady appreciation and monthly income—this is an investor’s dream with built-in upside. More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
-
108 Templegreen Road NE in Calgary: Temple Detached for sale : MLS®# A2252290
108 Templegreen Road NE Calgary T1Y 4Y8
$499,999Residential- Status:
- Active
- MLS® Num:
- A2252290
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,417 sq. ft.
This 1,417 sq ft two-storey home offers the perfect blend of comfort, thoughtful updates, and an unbeatable location. Facing a beautiful park and green space, it’s just steps from both Public and Catholic schools as well as the playschool at the Temple Community Centre. Families will love the convenience of being across from fields and play areas, while also enjoying close proximity to the community centre, leisure centre, Sportsplex, water park, and tennis courts. Inside, the main floor welcomes you with a bright front living room anchored by a cozy wood-burning fireplace. The spacious kitchen features stainless steel appliances and a sink overlooking the backyard, while the formal dining room offers direct access to the deck—perfect for everyday meals and summer entertaining. A convenient half bath completes this level. Upstairs, you’ll find three comfortable bedrooms, including the primary suite with its own private two-piece ensuite, while a full bathroom serves the additional bedrooms. This level also features a versatile office space, making it ideal for working from home, studying, or creative projects. The fully developed basement expands your living space with a large rec room complete with an electric fireplace, offering plenty of room for relaxation, play, or gatherings. Outdoors, the huge deck with wrap-around bench seating is a highlight, overlooking a private yard with a garden area and your very own apple tree. A paved back alley adds even more convenience. This home has been extensively updated with energy efficiency in mind. In recent years, all the windows and the sliding door were replaced with triple-pane, argon-filled models, and additional insulation was installed beneath the siding. The energy-efficient furnace, complete with a five-inch filter and Nest thermostat, along with the central air conditioning, hot water tank, and shingles, have all been upgraded within the past few years. Together, these improvements ensure year-round comfort, lower energy costs, and peace of mind for years to come. With three bedrooms, one full bath, two half baths, and a long list of thoughtful improvements, this home combines everyday comfort with exceptional convenience in a truly family-friendly location. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
Data was last updated October 23, 2025 at 12:05 PM (UTC)
Explore a diverse range of Calgary townhomes for sale, categorized by price, to suit your budget and preferences
| Under $300,000 | $500,000 - $600,000 | $800,000 - $900,000 |
| Under $400,000 | $600,000 - $700,000 | $900,000 - $1,000,000 |
| Under $500,000 | $700,000 - $800,000 | Over Million |
Explore Townhouses & Condos in Calgary Under $500K | New Listings Available
Find Affordable Calgary Real Estate | Homes Under $500,000 in Calgary
What types of homes are available in Calgary under $500,000?
Homes in this price range include condos, townhouses, and single-family homes. Buyers can find properties with modern designs and functional layouts, making this range suitable for first-time buyers, small families, and professionals looking for affordable options.
Which Calgary neighborhoods offer homes under $500,000?
Affordable homes under $500,000 can be found in neighborhoods such as Copperfield, Skyview Ranch, Evanston, Legacy, and Mahogany. Inner-city condos and townhomes in areas like Beltline and Bridgeland may also fall within this range, offering proximity to downtown Calgary.
What features can I expect in a home priced under $500,000?
Homes in this price range often include two to three bedrooms, one or two bathrooms, and open-concept living spaces. Depending on the type and location, you may find properties with attached garages, upgraded kitchens, or access to community amenities
Contact Diane Richardson
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