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Calgary Homes for Sale Under $500,000 | Affordable Real Estate Listings

Calgary Homes for Sale Under $500,000

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

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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  • 137 Martinpark Way NE in Calgary: Martindale Detached for sale : MLS®# A2273200

    137 Martinpark Way NE Martindale Calgary T3J 3M8
    Main Photo: 137 Martinpark Way NE in Calgary: Martindale Detached for sale : MLS®# A2273200
    $515,000
    Residential
    Status:
    Active
    MLS® Num:
    A2273200
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,634 sq. ft.
    Welcome to 137 Martinpark Way NE! Located in the highly sought-after community of Martindale, this well-designed two-storey home offers over 2,150 sq. ft. of developed living space—perfect for families seeking comfort and convenience. The home features new stucco siding and a front-drive single attached garage. The bright, open-concept main floor offers great flow for everyday living and entertaining. The kitchen includes a spacious dining nook, while the formal dining room is nicely separated from the welcoming living room by a stylish half wall. Patio doors lead to a large deck overlooking a fully fenced and landscaped backyard—ideal for outdoor dining and family fun. Upstairs, you’ll find three generously sized bedrooms, including a primary suite with a soaker tub and separate shower in the ensuite. The fully finished basement offers a large recreation area and future suite potential (subject to City approval)—great flexibility for growing families. Hot water tank replaced in 2021. Convenient location close to schools, parks, shopping, LRT, and all major amenities. A fantastic opportunity in a family-friendly community—book your showing today! More details
    Listed by PREP Realty and Diamond Realty & Associates Ltd
    DIANE RICHARDSON
  • 6934 Laguna Way NE in Calgary: Monterey Park Detached for sale : MLS®# A2277480

    6934 Laguna Way NE Monterey Park Calgary T1Y 6W2
    Main Photo: 6934 Laguna Way NE in Calgary: Monterey Park Detached for sale : MLS®# A2277480
    $519,900
    Residential
    Status:
    Active
    MLS® Num:
    A2277480
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,478 sq. ft.
    Spacious, cozy and inviting 4 level split home located in a prime location in the lovely community of Monterey Park. Close to many amenities -Schools, Transportations, Daycare, Shopping and Playgrounds. The moment you enter into this property you will find the spacious living room with a huge bay window that provides plenty of sunshine, a good size Dining area, and Kitchen with lots of cabinets to satisfy your usage and a spacious pantry closet for your storage needs. The Upper floor features Three spacious bedrooms plus a 4pc Bathroom. Lower level features a huge Family Room great for Entertainment purposes plus Fully WALKOUT to the backyard entrance and huge laundry Room. Enjoy your Summer BBQ on the huge deck at the backyard. The fully developed lower level features an illegal basement suite with a separate bedroom, bathroom, living space and own kitchen area, ideal for rental income or extended family living. This home is move-in ready and packed with lots of potential. Come and visit this home and make it your next lovely home!! More details
    Listed by Creekside Realty
    DIANE RICHARDSON
  • 87 Cranberry Place SE in Calgary: A-360 Detached for sale : MLS®# A2228840

    87 Cranberry Place SE A-360 Calgary T3M 0G7
    Main Photo: 87 Cranberry Place SE in Calgary: A-360 Detached for sale : MLS®# A2228840
    $500,000
    Residential
    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 details
    Listed by RE/MAX Realty Professionals
    DIANE RICHARDSON
  • 16280 5 Street SW in Calgary: Shawnessy Detached for sale : MLS®# A2278743

    16280 5 Street SW Shawnessy Calgary T2Y 1Y3
    Main Photo: 16280 5 Street SW in Calgary: Shawnessy Detached for sale : MLS®# A2278743
    $450,000
    Residential
    Status:
    Active
    MLS® Num:
    A2278743
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,422 sq. ft.
    Welcome to the most affordable detached home currently available in Shawnessy — and one of the best values in all of Southwest Calgary. This well-laid-out 3-bedroom, 2-bath, 1,422 sq. ft. two-storey offers incredible value for buyers looking to break into a sought-after SW community. The home features a functional floor plan, spacious bedrooms, and the added bonus of a detached garage. Located on a quiet street close to schools, transit, shopping, parks, and major roadways, this property is ideal for first-time buyers, a fixer-upper for investors, or anyone looking for a detached home at an entry-level price point. Opportunities like this in Shawnessy don’t come up often — don’t miss it. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 220 Whitewood Place NE in Calgary: Whitehorn Detached for sale : MLS®# A2268450

    220 Whitewood Place NE Whitehorn Calgary T1Y 3N4
    Main Photo: 220 Whitewood Place NE in Calgary: Whitehorn Detached for sale : MLS®# A2268450
    $474,900
    Residential
    Status:
    Active
    MLS® Num:
    A2268450
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,409 sq. ft.
    Welcome to this lovely and well-kept 3-bedroom (could easily be more!), 2.5-bathroom home tucked away on an exceptionally quiet cul-de-sac in the family-friendly community of Whitehorn. Freshly painted throughout, this inviting two-storey residence combines warmth, functionality, and thoughtful updates. The main level features vinyl flooring and a spacious living room filled with natural light from large windows. The updated kitchen offers modern finishes, ample counter space, and a bright nook with a bay window and French doors leading to a large deck—perfect for year-round enjoyment. A convenient main-floor bedroom (or ideal home office), updated 2-piece bath, and welcoming dining area complete this level. Upstairs, you’ll find a generous primary suite with its own private 4-piece ensuite and plenty of closet space, along with an additional bedroom and a full bath. The partly finished basement includes a comfortable family room with wet bar, an additional bedroom, play area, laundry, and mechanical room—offering great potential for extended family or guests. Recent upgrades include fresh paint, electrical improvements, updated kitchen and bathrooms, and the comfort of air conditioning. Outside, the fenced backyard provides a private retreat with a double paved parking pad at the rear. Move-in ready and ideally located close to schools, parks, shopping, and public transit—this is a wonderful opportunity to own a charming, updated home in one of Whitehorn’s most peaceful settings. More details
    Listed by RE/MAX Realty Professionals
    DIANE RICHARDSON
  • 1149 Martindale Boulevard NE in Calgary: Martindale Detached for sale : MLS®# A2261783

    1149 Martindale Boulevard NE Martindale Calgary T3J 3Z9
    Main Photo: 1149 Martindale Boulevard NE in Calgary: Martindale Detached for sale : MLS®# A2261783
    $509,000
    Residential
    Status:
    Active
    MLS® Num:
    A2261783
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,384 sq. ft.
    Step inside this beautifully updated, well-kept, and move-in ready home in the heart of Martindale! Designed with modern comfort in mind, this property features brand-new luxury vinyl plank flooring throughout, brand-new sleek quartz countertops, a stylish new stainless steel hood vent, and fresh paint throughout. The wide-open floorplan is bright and inviting, with a spacious kitchen island that makes the perfect centerpiece for family gatherings and entertaining. Beyond the home, you’ll love living in Martindale, a vibrant and welcoming community with excellent schools, parks, and playgrounds, plus easy access to two C-Train stations for a quick downtown commute. The nearby Genesis Centre offers year-round recreation, while the airport, Stoney Trail, and Deerfoot Trail are just minutes away—bringing both convenience and connection to your doorstep. With its modern upgrades, open-concept layout, and unbeatable location, this well-kept home is a must-see! More details
    Listed by The Real Estate District
    DIANE RICHARDSON
  • 218 Falmere Way NE in Calgary: Falconridge Detached for sale : MLS®# A2264078

    218 Falmere Way NE Falconridge Calgary T3J 2X9
    Main Photo: 218 Falmere Way NE in Calgary: Falconridge Detached for sale : MLS®# A2264078
    $500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2264078
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,364 sq. ft.
    Welcome to your new home. Amazing property in Falconridge. Recent renovations throughout the house, showing 10/10. A total of 4 bedrooms, 4 bathrooms, and 2 living rooms. All 3 floors fully updated. Very Spacious and smart design / layout. The Main floor greats you to the open concept design for the primary living room with dining room with the Kitchen around the corner. Also on the main floor is additional space for the family room, main guest washroom and laundry on the main floor. Upstairs you will find 3 bedrooms and 2 bathrooms, a 4PC and a 2PC Ensuite. The Lower Level is designed for your entertainment and offers extra room for whatever you need. There is also one more bedroom in the basement and a full bathroom and large REC Room. This house has been completely updated with new paint, flooring, trim, washrooms,,, and so much more. Decent size backyard to build your garage or leave it as. Come and view this house today. More details
    Listed by Real Estate Professionals Inc.
    DIANE RICHARDSON
  • 171 TARAWOOD Road NE in Calgary: Taradale Detached for sale : MLS®# A2265308

    171 TARAWOOD Road NE Taradale Calgary T3J 5G4
    Main Photo: 171 TARAWOOD Road NE in Calgary: Taradale Detached for sale : MLS®# A2265308
    $520,000
    Residential
    Status:
    Active
    MLS® Num:
    A2265308
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,352 sq. ft.
    Welcome to 171 Tarawood Road NE, a bright and open-concept home offering over 1,350 sq. ft. above grade with a functional layout that feels spacious and inviting. The main floor features a generous living area, a modern kitchen with plenty of workspace, and a comfortable dining area—perfect for everyday living and entertaining. Upstairs, you’ll find three well-sized bedrooms including a large primary suite with its own ensuite bathroom. The fully illegal developed basement adds extra versatility with an additional bedroom, rec room, and a second kitchen. What truly sets this property apart is its prime location—just steps away from everything you need. Enjoy quick access to grocery stores, banks, restaurants, the CTrain station, and essential services such as the police and fire station. Complete with a detached double garage and situated in a convenient, family-friendly community, this home offers comfort, practicality, and unbeatable accessibility. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 298 Taravista Street NE in Calgary: Taradale Detached for sale : MLS®# A2273957

    298 Taravista Street NE Taradale Calgary T3J 4S5
    Main Photo: 298 Taravista Street NE in Calgary: Taradale Detached for sale : MLS®# A2273957
    $518,800
    Residential
    Status:
    Active
    MLS® Num:
    A2273957
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,345 sq. ft.
    Welcome to this fantastic opportunity in the vibrant and growing community of Taradale! This well-maintained home features an updated kitchen with stainless steel appliances and sleek granite countertops, perfect for both everyday living and entertaining. Beat the heat with the new air conditioning unit installed in 2024, keeping the home cool and comfortable all summer long. Step outside to enjoy the huge deck, ideal for summer evenings, BBQs, and relaxing with family and friends. The fully developed basement adds valuable additional living space, while the oversized garage offers plenty of room for parking, storage, or a workshop. With a developed basement, oversized garage, and A/C all included, this home is truly priced to sell and packed with value. Located in the heart of Taradale, you’ll love being close to schools, parks, shopping, transit, and everyday amenities, making this a convenient and family-friendly location. Whether you’re a first-time buyer, investor, or a growing family, this move-in ready home checks all the boxes. Don’t miss this excellent opportunity to own a well-updated home at a great price in one of Calgary’s most connected northeast communities! More details
    Listed by The Real Estate District
    DIANE RICHARDSON
  • 1522 11 Avenue SW in Calgary: A-009 Detached for sale : MLS®# A2271763

    1522 11 Avenue SW A-009 Calgary T3C 0M9
    Main Photo: 1522 11 Avenue SW in Calgary: A-009 Detached for sale : MLS®# A2271763
    $495,000
    Residential
    Status:
    Active
    MLS® Num:
    A2271763
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    1,344 sq. ft.
    Vintage two storey 1344 sq.ft. rental property with livingroom, diningroom, kitchen, three bedrooms, 4 peice bathroom, basement, front porch, balcony, lots of offstreet parking, future development site, vacant for immediate possession. Market rent $1250 per month plus utilities. More details
    Listed by Houston Realty.ca
    DIANE RICHARDSON
  • 89 Covebrook Place NE in Calgary: Coventry Hills Detached for sale : MLS®# A2277168

    89 Covebrook Place NE Coventry Hills Calgary T3K 0C9
    Main Photo: 89 Covebrook Place NE in Calgary: Coventry Hills Detached for sale : MLS®# A2277168
    $520,000
    Residential
    Status:
    Active
    MLS® Num:
    A2277168
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,324 sq. ft.
    Welcome to this great starter home in a prime location, backing onto a park! This home features brand new luxury vinyl flooring, fresh paint throughout, and new window coverings, offering a modern and move-in-ready feel. The main floor boasts a bright corner living room with a cozy fireplace, a spacious kitchen with a large central island, walk-in pantry, generous breakfast nook, and convenient main-floor laundry. Upstairs, you’ll find three well-sized bedrooms, including a primary bedroom with a large walk-in closet, as well as a 4-piece bathroom. The fully developed basement offers a large family room and an additional room ideal for a home office or den. Enjoy outdoor living in the fully fenced and landscaped yard, complete with a large deck—perfect for relaxing or entertaining. Easy to show. Ideally located close to schools, shopping, transit, and everyday amenities. Great home. Great value. More details
    Listed by First Place Realty
    DIANE RICHARDSON
  • 160 Taradale Drive NE in Calgary: Taradale Detached for sale : MLS®# A2278832

    160 Taradale Drive NE Taradale Calgary T3J 5G3
    Main Photo: 160 Taradale Drive NE in Calgary: Taradale Detached for sale : MLS®# A2278832
    $518,800
    Residential
    Status:
    Active
    MLS® Num:
    A2278832
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,295 sq. ft.
    Welcome to this fine family home in the heart of Taradale. Easy access to major traffic arteries for your everyday commutes. A beautifully cared for 3 bedroom, 1.5 bathroom home situated on one of the largest lots on the street. Hardwood and new carpet on main level! Offering extra yard space, parking, and outdoor usability, this property stands out for those needing room to grow. Inside, the home has been immaculately maintained with pride of ownership throughout. The main level features a bright living area with lots of natural light, functional kitchen and dining space, plus a convenient half bath. Upstairs you’ll find three comfortable bedrooms and a full bathroom ideal for families or first-time buyers. Mechanical updates include a newer furnace, adding peace of mind. The exterior is equally impressive, complete with a large detached 2-car garage, and a generous backyard with a LARGE covered deck! Convenient location close to schools, parks, shopping, transit and everyday amenities. A solid, well-kept home on an oversized lot that could accommodate RV parking. Awaiting its next owner to enjoy for years to come! More details
    Listed by RE/MAX First
    DIANE RICHARDSON
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Data was last updated January 22, 2026 at 12:05 AM (UTC)

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

Here are a few ways to make it easy for you to get in touch with Diane Richardson:

  1. Contact form: a contact form here on my website can allow you to send me a message directly from this page. Be sure to include your name, email address, and a message.

  2. Phone number: Included is my phone number here on the page can allow you to call or text me directly with any questions or to schedule viewings. 403.397.3706

  3.  Email address: email address  diane@mypadcalgary.com can allow you to reach out to me with any questions or to request more information.

  4. Live chat: I have a live chat feature on this website, you can get in touch with me in real-time and get immediate answers to your questions.

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