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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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1-12/37
  • 92 covington Rise NE in Calgary: Coventry Hills Detached for sale : MLS®# A2193133

    92 covington Rise NE Coventry Hills Calgary T3K 4B1
    Main Photo: 92 covington Rise NE in Calgary: Coventry Hills Detached for sale : MLS®# A2193133
    $519,000
    Residential
    Status:
    Active
    MLS® Num:
    A2193133
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,484 sq. ft.
    Welcome to your dream home! This stunning 4-level split property boasts 3 spacious bedrooms, two beautifully appointed 4-piece bathrooms, and two living areas, offering plenty of space for relaxation and entertainment. The walk-out basement adds versatility, while the extra-large family room is ideal for creating cherished memories with loved ones. Step outside to a low-maintenance yard featuring a generous concrete patio and a convenient storage shed, perfect for outdoor gatherings and hobbies. Families will love the proximity to a nearby playground, just in front of your home. Nestled in the peaceful Coventry Hills Community, this home offers the perfect balance of tranquility and convenience. Enjoy quick access to major routes like Deerfoot Trail and Stoney Trail, and take advantage of nearby amenities, including VIVO Recreation Facilities, the Public Library, Superstore, and top-rated schools. Don’t miss the chance to make this exceptional property your own—schedule your private showing today! More details
    Listed by TREC The Real Estate Company
    DIANE RICHARDSON
  • 158 Cramond Circle SE in Calgary: Cranston Detached for sale : MLS®# A2189770

    158 Cramond Circle SE Cranston Calgary T3M 1E5
    Main Photo: 158 Cramond Circle SE in Calgary: Cranston Detached for sale : MLS®# A2189770
    $515,000
    Residential
    Status:
    Active
    MLS® Num:
    A2189770
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,476 sq. ft.
    Calling everyone that is looking for a very affordable 2 storey home located in one of the best communities of Calgary - Cranston. If you are handy and would like to build some quick sweat equity - this is a perfect property for you! The main floor is an open concept which offers a living room with a gas fireplace, a dining area, a 2 PC bath and a kitchen. The upper floor comes with a good size master bedroom with an ensuite, 2 more bedrooms and another 4 PC bathroom. The basement is unfinished and is awaiting your creative ideas. The house needs new flooring, paint on the walls and some other minor work; the house has good bones and is very solid. Perfect place for to raise family! More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 132 Faldale Close NE in Calgary: Falconridge Detached for sale : MLS®# A2194892

    132 Faldale Close NE Falconridge Calgary T3J 1V9
    Main Photo: 132 Faldale Close NE in Calgary: Falconridge Detached for sale : MLS®# A2194892
    $500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2194892
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,306 sq. ft.
    JUDICIAL SALE. The property is sold as is. The building was measured from the exterior and measurements are not guaranteed. Room sizes/info are based on the previous listing and are not guaranteed. This 3 bedroom home is located on a pie lot. On the main floor is a 2 piece bath, large living room, and dining room area right off the kitchen. There is a large double detached garage. More details
    Listed by Century 21 Masters
    DIANE RICHARDSON
  • 210 Erin woods Circle NE in Calgary: Erin Woods Detached for sale : MLS®# A2180790

    210 Erin woods Circle NE Erin Woods Calgary T2B 3E1
    Main Photo: 210 Erin woods Circle NE in Calgary: Erin Woods Detached for sale : MLS®# A2180790
    $320,000
    Residential
    Status:
    Active
    MLS® Num:
    A2180790
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,256 sq. ft.
    This home’s open floor plan is perfect for hosting unforgettable gatherings with family and friends. The spacious master bedroom features a generous walk-in closet and a private ensuite for your comfort. The second oversized bedroom offers incredible flexibility and potential for various uses. Additionally, there's a second full bathroom, providing convenience and functionality. Step outside to your fully fenced yard, the ideal setting for summer BBQs, relaxation, and outdoor fun. Book your private showing today! More details
    Listed by Real Estate Professionals Inc.
    DIANE RICHARDSON
  • 42 Templeby Way NE in Calgary: Temple Detached for sale : MLS®# A2189155

    42 Templeby Way NE Temple Calgary T1Y 5N8
    Main Photo: 42 Templeby Way NE in Calgary: Temple Detached for sale : MLS®# A2189155
    $485,000
    Residential
    Status:
    Active
    MLS® Num:
    A2189155
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,205 sq. ft.
    A charming and spacious family home nestled in a welcoming and convenient neighborhood. Featuring 4 bedrooms and 1.5 baths, this property is perfectly suited for families of all sizes. Step inside to enjoy an open floor plan that radiates warmth and comfort. The well-appointed kitchen boasts modern appliances and ample counter space, effortlessly flowing into the living and dining areas. This setup is ideal for family gatherings and entertaining, ensuring everyone feels connected. The upper level offers three cozy bedrooms filled with natural light, generous closet space, along with a bathroom, providing tranquil havens for rest. The full basement adds versatility, complete with an additional bedroom that can function as a guest room, office, or playroom. Outside, the backyard stands out as a highlight, offering the perfect venue for BBQs, outdoor dining, and recreation. It’s a fantastic space for children to play, pets to roam, or hosting summer gatherings with loved ones. Combining comfort, convenience, and charm, this home is an ideal retreat for any family. Don’t miss your chance to make it yours—schedule a showing today and experience its appeal firsthand! More details
    Listed by PropZap Realty
    DIANE RICHARDSON
  • 264 Penbrooke Close SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2193369

    264 Penbrooke Close SE Penbrooke Meadows Calgary T2A 3P1
    Main Photo: 264 Penbrooke Close SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2193369
    $479,999
    Residential
    Status:
    Active
    MLS® Num:
    A2193369
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,183 sq. ft.
    Incredible Location | Walking Distance to CBE James Short Memorial & Penbrooke Meadows Community Association | Family Friendly Neighbourhood | 5,000 SqFt Lot | R-CG Zoning | Bungalow | 1,183 SqFt | 3- Main Level Beds | 1.5 - Main Level Baths | 1 Bed Basement Suite(illegal) with Separate Entry | Double Detached Garage | Alley Access. The main level has a great floor plan with an open floor plan between the living and dining rooms. The kitchen has plenty of cabinet storage and laminate countertops. The 3 bedrooms on this level are all spacious. The primary bedroom has a 2pc ensuite! The main 4pc bath has a tub/shower combo and single vanity with storage below .Downstairs, the basement suite(illegal) has a secure interior entry that opens to an open kitchen and rec room. The basement has 1 bedroom and a multi-use den. The 4pc bath on this level also has a tub/shower combo. The shared laundry room for this home is in the common area in the basement. Outside, this massive fully fenced backyard with space for outdoor activity in the summer months! Hurry and book your showing today! More details
    Listed by RE/MAX Crown
    DIANE RICHARDSON
  • 6212 18A Street in Calgary: Ogden Detached for sale : MLS®# A2191853

    6212 18A Street Ogden Calgary T2C 0N1
    Main Photo: 6212 18A Street in Calgary: Ogden Detached for sale : MLS®# A2191853
    $375,000
    Residential
    Status:
    Active
    MLS® Num:
    A2191853
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    1,144 sq. ft.
    LOCATION LOCATION LOCATION! 120 x 25 ft lot with no neighbours behind and just a short walk to the upcoming Green Line Lynwood Station. Welcome to 6212 18a t SE in Ogden, offering an incredible opportunity in the historic Lynnwood area. Whether you’re looking to build your dream home, take on a renovation project, or find unbeatable value for a detached home under $400K, this property has it all. As you approach, massive lilac bushes create a charming archway leading to the front entrance, where an enclosed boot room adds to the home’s old-world character. Inside, the main level features a spacious living area, a versatile office/den that can serve as a second bedroom, a large kitchen, and a 13x12 dining area, with a rear foyer providing backyard access. A unique coiling staircase leads to the upper level, where you’ll find a sizable primary bedroom. With tremendous redevelopment potential, this property sits at the end of one of the area’s quietest streets and is just a 5-minute walk to the future Green Line station (300M). It also offers quick access to Rockyview Hospital, the Calgary Zoo, downtown, and Rocky Mountain Film Studios, all within 15 minutes. Outdoor enthusiasts will appreciate the nearby Bow River pathway system, Beaver Dam Flats, and Lynnwood Ridge Park, while shopping, schools, and parks are all within close reach. Plus, with just a 2-minute commute to Deerfoot Trail, convenience is unmatched. Tremendous amount of history available on the home upon request for all the “Ogdenites” in the market- Please book your private showing today! More details
    Listed by RE/MAX House of Real Estate
    DIANE RICHARDSON
  • 193 Cramond Circle SE in Calgary: Cranston Detached for sale : MLS®# A2192516

    193 Cramond Circle SE Cranston Calgary T3M 1E5
    Main Photo: 193 Cramond Circle SE in Calgary: Cranston Detached for sale : MLS®# A2192516
    $479,900
    Residential
    Status:
    Active
    MLS® Num:
    A2192516
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,138 sq. ft.
    Unbeatable Value in Sought-After Cranston! This 2-storey detached single-family home offers so much potential at an incredible price! Situated in the desirable community of Cranston, this bright and open home features a spacious living room seamlessly combined with a formal dining area, perfect for entertaining or family gatherings. The kitchen boasts timeless white cabinets, an island, and a rear door for easy access to the back yard. A large window in the living room fills the space with natural light, creating a welcoming atmosphere. Upstairs, you’ll find three generously sized bedrooms, including a large primary bedroom with a spacious closet. The partially finished basement provides additional living space, including a versatile office/flex area and a cozy rec room. This home is complete with a west-facing, fully fenced backyard and a convenient double-parking pad. Recent updates include shingles that are only a few years old. While this home could use a little TLC to restore its full charm, it’s bursting with potential for the right buyer! Ideally located within walking distance to schools, parks, public transit, and Cranston’s array of local amenities, including grocery stores, shops, and restaurants. With easy access to Stoney Trail and Deerfoot Trail, this home offers both convenience and lifestyle. Don’t miss this amazing opportunity to create your dream home in one of Calgary’s most sought-after neighborhoods! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 247 Martindale Boulevard NE in Calgary: Martindale Detached for sale : MLS®# A2158488

    247 Martindale Boulevard NE Martindale Calgary T3J 2X8
    Main Photo: 247 Martindale Boulevard NE in Calgary: Martindale Detached for sale : MLS®# A2158488
    $509,900
    Residential
    Status:
    Active
    MLS® Num:
    A2158488
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,099 sq. ft.
    Welcome to 247 Martindale Blvd NE, a delightful detached home that offers comfort, convenience, and a perfect location in a family-friendly neighborhood. This charming property features 3 bedrooms, 1 full bath, and 1 half bath, making it an ideal space for families or those looking to settle into a cozy home. As you step inside, you’ll be greeted by a warm and inviting living space that flows seamlessly into the dining area. The kitchen is designed for both functionality and style. One of the standout features of this home is the finished basement, offering additional living space that can be used as a recreation room, home office, or entertainment area. The basement also houses a washer and dryer. Outside, the property boasts a detached double car garage, providing secure parking and extra storage space. The backyard offers a private area perfect for outdoor activities, as well as extra storage nestled to the side of the property. Located in the heart of Martindale, this home is close to schools, parks, shopping, and public transportation, making it a prime location for easy living. Whether you're looking for a place to raise your family, or an investment opportunity, this property offers easy access to all essential amenities. Book your showing today! More details
    Listed by 2% Realty
    DIANE RICHARDSON
  • 212 Midlawn Close SE in Calgary: Midnapore Detached for sale : MLS®# A2194556

    212 Midlawn Close SE Midnapore Calgary T2X 1A8
    Main Photo: 212 Midlawn Close SE in Calgary: Midnapore Detached for sale : MLS®# A2194556
    $430,000
    Residential
    Status:
    Active
    MLS® Num:
    A2194556
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,076 sq. ft.
    Judicial Court Ordered Sale. Great opportunity on this Lake Midnapore home for sale. A 3-level split home featuring a 3 bedroom and 2 full bath with large mature trees. Conveniently located minutes from schools, playgrounds, shopping, dining, public transit, Fish Creek park and Lake Midnapore - offering all the benefits of a lake community, including swimming, skating, fishing, and a community garden. This is a hidden gem in a family-oriented neighborhood offering a serene and exclusive lifestyle. Schedule your private viewing today! PLEASE NOTE: This is a Court of King's Bench foreclosure listing and is being sold “AS IS, WHERE IS” and property may need some TLC. All offers must be in the provided purchase contract and to be accompanied by the provided schedule A.. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 236 Abadan Place NE in Calgary: Abbeydale Detached for sale : MLS®# A2142101

    236 Abadan Place NE Abbeydale Calgary T2A 6S9
    Main Photo: 236 Abadan Place NE in Calgary: Abbeydale Detached for sale : MLS®# A2142101
    $497,500
    Residential
    Status:
    Active
    MLS® Num:
    A2142101
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,071 sq. ft.
    A Perfect Starter Home! This 2 storey-residence seamlessly combines Comfort and Practicality. Upon entering, you are greeted by a welcoming ambiance, featuring a luminous living area, a contemporary kitchen equipped with a spacious island, stylish cabinets and sleek countertops that radiate a soft glow in the evening. Ascending to the upper level, you will find a spacious primary bedroom with two closets, a second bedroom and 3-pc bathroom complete with steam shower. The recently remodeled lower level offers a generous recreational space, which could also serve as a third bedroom, along with a modern 3- pc bath, laundry & storage area. The back yard boasts a detached sun room, a sizable deck, fire pit area and is ideal for hosting gatherings or just unwinding! Situated on large pie shape lot that offers ample of parking, RV Parking and storage space. This Comfort & Practicality Home is Nestled in the sought-after community of Abbeydale. The property backs onto bike/ walking path and offers easy access to downtown via Memorial Drive, 16the Ave, and Stoney Trail. Move in Ready & Quick Possession Available! More details
    Listed by RE/MAX Complete Realty
    DIANE RICHARDSON
  • 5230 4 Street NW in Calgary: Thorncliffe Detached for sale : MLS®# A2191662

    5230 4 Street NW Thorncliffe Calgary T2K 1A6
    Main Photo: 5230 4 Street NW in Calgary: Thorncliffe Detached for sale : MLS®# A2191662
    $519,900
    Residential
    Status:
    Active
    MLS® Num:
    A2191662
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,060 sq. ft.
    Mid century modern flair providing endless potential with a stylish sunken living room featuring large windows and a floating ceiling. This unique home is located in the sought-after community of Thorncliffe and nestled on a corner lot with easy access to downtown, Deerfoot Trail, Deerfoot City, John Laurie Blvd, the airport, and more! Walk to retail shops, schools, strip malls, Nose Hill Park, Egert's Park and various off-leash areas. Boasting many upgrades including a newer roof, hot water tank (2022), garage roof shingles (2024), new siding (2024). The side door basement access could provide a perfect opportunity to develop a self contained secondary suite subject to approval and permitting by city/municipality. Quick possession is available and transit is just outside your door! More details
    Listed by Real Estate Professionals Inc.
    DIANE RICHARDSON
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Data was last updated February 19, 2025 at 02:05 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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