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Calgary Homes for Sale Under $500,000 | Affordable Living Options

Calgary homes for sale under $500,000

Looking for affordable Calgary homes for sale under $500,000 ? This vibrant city offers a range of properties, from single-family homes with large yards to modern condos and townhomes. With a variety of options, you can find a home that fits your budget without compromising on location or amenities.

Many Calgary homes under 500K come with features like updated interiors, energy-efficient designs, and proximity to schools, parks, and shopping centers. Ideal for first-time buyers, families, and those looking to downsize, these homes provide comfort and value. Discover listings in popular areas like SE Calgary and the downtown core, offering the perfect balance of convenience and affordability.

Explore the latest Calgary real estate under $500,000 and find your ideal home today. Whether you're interested in new listings or family-friendly communities, Calgary's diverse housing market has something for everyone.

Contact Diane Richardson
Phone: 403.397.3706
Email: diane@mypadcalgary.com

Discover Affordable Calgary Homes for Sale Under $500,000 | Budget-Friendly Listings

Calgary homes for sale under $500,000, Calgary real estate under 500K

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  • 88 Chaparral Ridge Terrace SE in Calgary: Chaparral Row/Townhouse for sale : MLS®# A2315826

    88 Chaparral Ridge Terrace SE Chaparral Calgary T2X 3N6
    Main Photo: 88 Chaparral Ridge Terrace SE in Calgary: Chaparral Row/Townhouse for sale : MLS®# A2315826
    $440,000
    Residential
    Status:
    Active
    MLS® Num:
    A2315826
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    12,708 sq. ft.
    Welcome to your “I am Home” feeling. A wonderful Corner lot Townhome that speaks pride of ownership. It has a welcoming living and kitchen space designed to entertain. The kitchen is waiting for you to entertain your family and friends, a cook’s or baker’s dream. Your kitchen is meant to entertain with functionality that will last through time. After dinner, take your relaxation to your patio for that fresh airy and garden’s refuge. This home has 3 bedrooms and 2.5 bathrooms with a second-floor family room, perfect for you to enjoy. It has a single attached garage with additional driveway space. Every corner of your home has a purpose that complements your lifestyle. Your corner lot home has plenty of windows that invites natural lights that brightens your day. The backyard, trees, and frontage curb appeal are welcoming. What are you waiting for! 88 Chaparral Ridge Way SE is your “I AM HOME” Feeling that you have been searching for. More details
    Listed by REMAX Innovations
    DIANE RICHARDSON
  • 1208 Millrise Point SW in Calgary: Millrise Apartment for sale : MLS®# A2300748

    1208 Millrise Point SW Millrise Calgary T2Y 3W4
    Main Photo: 1208 Millrise Point SW in Calgary: Millrise Apartment for sale : MLS®# A2300748
    $399,900
    Residential
    Status:
    Active
    MLS® Num:
    A2300748
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    2,192 sq. ft.
    NEW PRICE! Experience the lifestyle you’ve been waiting for - luxury, comfort, and true convenience in this exceptionally rare, 4 bedroom, 3 full-bath condo offering 2,192 SF of thoughtfully designed living space. Step inside to an inviting open-concept living and dining area for easy entertaining, plus the convenience of a two-level layout that offers flexible privacy and comfort. The ground floor entry hosts 2 bedrooms and 1 full bath, large family room, pantry/laundry room, while the upper level entry includes 2 bedrooms, 2 full baths, kitchen/dining room along with a west facing deck just off the living room. With a private internal staircase and elevator access not far from the unit doors, this condo is designed with real accessibility in mind. The spacious layout is ideal for multi-generational living—whether you’re caring for aging adults, setting up a mother-in-law space, hosting roommates or accommodating other multi-family needs, the options are yours! It’s also ideal for a professional couple desiring "yours and mine" home offices and still have 2 large primary bedrooms that easily fit a king bed in each. Lock and leave on your business/holiday trips with peace of mind. Imagine a home that fits your lifestyle perfectly, with two titled parking stalls, two titled storage lockers and one condo fee (only $0.58/SF) that covers everything including electricity, heat, water, trash, landscaping, insurance and professional management, ensuring a truly maintenance-free lifestyle. Residents also enjoy access to resort-style amenities including a party/social room, library, fitness room, a pet relief area, inviting outdoor sitting spaces, and plenty of visitor parking for guests. Nestled in the well-managed 45+ age-restricted complex (with some spousal and caregiver exemptions), you’ll enjoy peace of mind, privacy and an active, welcoming community. Pets are welcome with board approval, making it a warm and inclusive environment. Ideally located in desirable Millrise, this low-rise condominium offers easy access to shopping, dining, parks and public transportation, combining modern convenience with an inviting sense of community and security. This is a rare opportunity for those who want it all: space, sophistication and worry-free living. View today! More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 1440 540 14 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2306521

    1440 540 14 Avenue SW Beltline Calgary T2R 0M6
    Main Photo: 1440 540 14 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2306521
    $475,000
    Residential
    Status:
    Active
    MLS® Num:
    A2306521
    Bedrooms:
    2
    Bathrooms:
    4
    Floor Area:
    2,105 sq. ft.
    Welcome to one of the Beltline’s most unique offerings, a rare 2 storey penthouse that delivers unmatched space, bold character, and an elevated inner city lifestyle at an incredible price point. Spanning two levels, this oversized 2 bedroom urban home offers a layout rarely found in Calgary’s condo market, blending the feel of a stylish townhouse in the sky with the energy of downtown living. Designed for buyers who value character and spaces that stand apart, the home features two separate wraparound balconies, one on each level, along with a stunning 3 season sunroom off the primary suite, creating an incredible mix of indoor outdoor living, entertaining potential, and skyline views from nearly every angle. Inside, dramatic open concept living spaces, striking black hardwood floors, wood burning fireplaces on both levels, and a standout central staircase illuminated by an overhead skylight bring warmth, style, and architectural personality throughout. The main floor is built for entertaining, with expansive living and dining areas, a stylish kitchen, and a dedicated home office that adds flexibility for modern city living. Upstairs, the primary suite is a true standout, complete with two walk in closets and an impressive ensuite featuring a deep soaker tub, steam shower, beverage fridge, and integrated coffee and wine station. The adjoining 3 season sunroom adds yet another distinctive layer to the home’s impressive layout, offering a unique space for everyday living and entertaining. Complete with two parking stalls, generous in suite storage, and access to Rosewood Estates’ fitness centre, social room, and secure bike storage, this home perfectly balances lifestyle and practicality. Set in the heart of the Beltline, you’re just steps from some of Calgary’s best restaurants, wine bars, coffee shops, boutique fitness studios, bike paths, and downtown amenities. Bold, distinctive, and full of personality, this is penthouse living for buyers who want more than the ordinary. More details
    Listed by Century 21 Bamber Realty LTD.
    DIANE RICHARDSON
  • 822 3130 66 Avenue SW in Calgary: Lakeview Row/Townhouse for sale : MLS®# A2301026

    822 3130 66 Avenue SW Lakeview Calgary T3E 5K8
    Main Photo: 822 3130 66 Avenue SW in Calgary: Lakeview Row/Townhouse for sale : MLS®# A2301026
    $509,900
    Residential
    Status:
    Active
    MLS® Num:
    A2301026
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,995 sq. ft.
    Truly incredible sums up this beautifully renovated executive townhome in the LAKEVIEW GREEN I condo project in one of Southwest Calgary’s most sought-after neighbourhoods…welcome to Lakeview! Offering almost 2300sqft of refined living space, this stunning two storey enjoys hardwood & ceramic tile floors throughout, flat ceilings on all 3 levels, 3 lovely bedrooms & 2.5 bathrooms, tandem 2 car garage & private backyard deck shaded by towering mature trees. You will simply love the stylish contemporary feel of this amazing home, with its expansive & sleek living room with South-facing balcony & electric fireplace with panelled feature wall, open concept formal dining room with sliding doors to the deck & exquisite custom kitchen with quartz counters & waterfall island, full-height cabinets, pull-out drawers, mosaic backsplash & upgraded appliances including induction cooktop & built-in oven. On the upper level there are 3 bedrooms & 2 full bathrooms – highlighted by the wonderful owners’ retreat with big walk-in closet, wall of built-in cabinets & luxurious ensuite with marble-topped double vanities, built-in cabinets & both a separate shower/bathtub & oversized curbless walk-in glass shower with floor-to-ceiling marble surround. Main floor laundry room with stacking Whirlpool washer & dryer. The entry level has a flex space which you could use as a home office/exercise room & storage, plus access into the oversized tandem-style 2 car garage. Additional features include central vacuum system, recessed lighting throughout, closet organizers & the monthly condo fees include water-sewer & heat. Location is prime with 3 schools (Jennie Elliott, Bishop Pinkham & Saint Leo) all within walking distance. Just South of the complex is the 66th Avenue Off-Leash greenspace, & you are mere minutes to North Glenmore Park & the Weaselhead Natural Area. And with its close proximity to 37 Street & Crowchild Trail means quick & easy access to the Earl Grey golf course, Grey Eagle Resort & Casino, Rockyview Hospital, major retail centers, Heritage Park, & both Stoney & Glenmore Trails to take you anywhere & everywhere you want to go! More details
    Listed by Royal LePage Benchmark
    DIANE RICHARDSON
  • 212 4037 42 Street NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2240141

    212 4037 42 Street NW Varsity Calgary T3A 2M9
    Main Photo: 212 4037 42 Street NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2240141
    $499,900
    Residential
    Status:
    Active
    MLS® Num:
    A2240141
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,972 sq. ft.
    REVISED PRICING - END unit with a POND location - this updated charming townhouse features close to 2000sq ft on 3 levels, plus 2 generously sized bedrooms. As you enter the home, you are greeted by an open foyer that leads you to the main level. Main level floor plan impresses - spacious living room with elegant wood burning fireplace, 10ft ceilings, large windows and access to the NEW deck - fully fenced it provides an idyllic outdoor entertainment area backing onto the pond with fountains. The living room is open plan to the dining area that features a built-in buffet area with wood slab countertop and sink. The kitchen was upgraded by the previous owner and includes Wolf appliances, new dishwasher, lots of storage and a bright breakfast nook area. A upgraded 1/2 bath completes this level. The Upper floor features new carpet, a loft/flex/office space with balcony that overlooks the pond area, a generous Primary suite with two closets and spacious ensuite complete with newer Toto toilet. A second bedroom offers a generous space and a full bathroom with skylight completes this level. Walkout basement features utility room with newer washing/dryer, storage and is connected to the Tandem heated attached garage (fits 2 cars). Situated in the desirable community of Varsity, this townhouse not only offers a comfortable living space but also provides access to a wealth of amenities including nearby shopping and parks, University District, U of C, Children's & Foothills Hospitals, LRT plus walking distance to Market Mall. More details
    Listed by RE/MAX Realty Professionals
    DIANE RICHARDSON
  • 428 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2308818

    428 Cranbrook Square SE Cranston Calgary T3M 3K8
    Main Photo: 428 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2308818
    $449,900
    Residential
    Status:
    Active
    MLS® Num:
    A2308818
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,942 sq. ft.
    Welcome to this thoughtfully designed stacked townhouse in the highly desirable community of Cranston’s Riverstone. Offering a spacious and functional layout, this home features vinyl flooring throughout the main living areas and large windows that create a bright, welcoming atmosphere. The modern kitchen is finished with quartz countertops, a central island, pantry storage, and stainless steel appliances, opening seamlessly to the dining and living spaces—ideal for everyday living. The layout includes three bedrooms, highlighted by a comfortable primary bedroom with a private 4-piece ensuite, along with an additional full bathroom and convenient in-unit laundry. Assigned parking is included, and the pet-friendly complex is professionally managed. Condo fees cover common area maintenance, professional management, reserve fund contributions, snow removal, and trash. Ideally situated near walking and biking paths, parks, playgrounds, and river pathways, with easy access to shopping, schools, and major routes, this home offers modern living in a well-connected and sought-after community. More details
    Listed by URBAN-REALTY.ca
    DIANE RICHARDSON
  • 184 Valley Ridge Heights NW in Calgary: Valley Ridge Row/Townhouse for sale : MLS®# A2316249

    184 Valley Ridge Heights NW Valley Ridge Calgary T3B 5T3
    Main Photo: 184 Valley Ridge Heights NW in Calgary: Valley Ridge Row/Townhouse for sale : MLS®# A2316249
    $484,800
    Residential
    Status:
    Active
    MLS® Num:
    A2316249
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,870 sq. ft.
    Located in Valley Ridge, this reverse bungalow-style villa with main living areas on the upper level in the Highlands of Valley Ridge offers a double-attached garage, three full bathrooms, 1,233 sq ft on the main floor and 636 sq ft on the lower walk out, for 1869 sq ft of developed living space, with an updated furnace and the decking resurfaced in 2025. The main entry opens to a spacious foyer with access to the lower level, featuring a bright family room with walkout to a covered patio, a full bathroom, mechanical room, and ample storage. The upper floor includes a generous kitchen with corner pantry, a dining area with access to a sunny deck and a large living room with a bay window and corner fireplace. The primary bedroom is well sized with a walk-in closet and a three-piece ensuite. A second bedroom and a four-piece bathroom provide flexibility for guests or family & laundry conveniently located on this level. The home is well maintained and priced to allow a buyer the opportunity to update and personalize the space to their own tastes. Valley Ridge is an established community with an active association offering events such as Music in the Garden, Yoga in the Park, and a community garden. Residents enjoy close access to parks and pathways, Valley Ridge Golf Club, quick connections to Stoney Trail, downtown Calgary, and all quadrants of the city, while the mountains are approximately 45 minutes away. More details
    Listed by RE/MAX Realty Professionals
    DIANE RICHARDSON
  • 107 408 27 Avenue NE in Calgary: Winston Heights/Mountview Row/Townhouse for sale : MLS®# A2289732

    107 408 27 Avenue NE Winston Heights/Mountview Calgary T2E 2A4
    Main Photo: 107 408 27 Avenue NE in Calgary: Winston Heights/Mountview Row/Townhouse for sale : MLS®# A2289732
    $499,900
    Residential
    Status:
    Active
    MLS® Num:
    A2289732
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,861 sq. ft.
    Welcome home to your modern stunning townhome located in the desirable inner-city community of Winston Heights, in the coveted Jade Complex that's Pet Friendly with board approval. This home boasts 1800+sqft, an oversized single garage attached, 3-beds, 2.5-baths (2-pc bath 2nd floor, 4-pc bath 3rd floor, 3-pc ensuite 4th floor), a gourmet kitchen with gleaming quartz countertops, stainless steel appliances (Gas Stove, Dishwasher, Fridge), front-load washer & dryer, wide-plank engineered hardwood flooring, carpet throughout, and a private rooftop patio to bbq and enjoy the evening skyline. The large master bedroom serves as a true retreat with heated tile flooring in the ensuite bathroom, while the fully finished basement provides versatile space for a home office, media room, or additional guest room. Bonus!!! Enjoy the superior sound privacy with double drywall and Roxul insulation. Did I mention this home is perfectly situated minutes from downtown, the #2 bus-transit direct to downtown, The Winston Golf Club, the Cedar Deli, and more! This property offers the ultimate inner-city lifestyle, and seeing is believing! View this home for yourself today before it’s gone!!! More details
    Listed by Grand Realty
    DIANE RICHARDSON
  • 803 90 Corner Meadows Manor NE in Calgary: Cornerstone Row/Townhouse for sale : MLS®# A2304704

    803 90 Corner Meadows Manor NE Cornerstone Calgary T3N 2N8
    Main Photo: 803 90 Corner Meadows Manor NE in Calgary: Cornerstone Row/Townhouse for sale : MLS®# A2304704
    $475,000
    Residential
    Status:
    Active
    MLS® Num:
    A2304704
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,832 sq. ft.
    Brand New ,3 Storey Townhome with double car garage (19.5 X 19) attached In Cornerstone. With total of 4 Bedrooms and 4 washrooms. Stainless steel appliances, quartz countertop throughout the house. Huge balcony with gas line for summer BBQ. Walking distance to shopping center and many more facilities. Just 10 minutes' drive to Airport, easy access to Stoney trail and Deerfoot trail More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 10 West Cedar Rise SW in Calgary: West Springs Row/Townhouse for sale : MLS®# A2297241

    10 West Cedar Rise SW West Springs Calgary T3H 5G8
    Main Photo: 10 West Cedar Rise SW in Calgary: West Springs Row/Townhouse for sale : MLS®# A2297241
    $469,600
    Residential
    Status:
    Active
    MLS® Num:
    A2297241
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,832 sq. ft.
    Openhouse May 2, 6:30 to 8:30pm. Welcome to this beautifully maintained and spacious townhome with many interior and exterior UPGRADES offering 2bed/3bath+hug WALKOUT Den with over 1,800 sq ft of functional living space in a quite CUL_DE_SAC in the highly desirable community of West Springs. Significant recent exterior Upgrades completed by management include a NEW ROOF, NEW BALCONY, and NEW FRONT GARDEN LANDSCAPING, adding LONG_TERM Value and peace of mind. (Note: Condo fees were temporarily increased for these major improvements and are expected to be reduced after January 2028.). Inside, the home has been tastefully updated with NEWER FLOORING and PAINT (2020), along with NEWER STAINLESS STEEL APLIENCES including fridge, stove, and dishwasher (2021). Perfectly positioned on a quiet cul-de-sac, this bright and inviting home combines comfort, style, and exceptional value. Large windows throughout flood the space with natural light, creating a warm and welcoming atmosphere. The main level features a spacious living room with vinyl plank flooring, gas fireplace, and 9-FOOT CIELING, along with access to a private balcony. The kitchen is both functional and stylish, offering granite countertops, rich cabinetry, stainless steel appliances, a corner pantry, and ample workspace. A convenient 2-piece powder room completes this level. Upstairs, you’ll find two generously sized bedrooms, each with its own 4-piece ensuite—one featuring a relaxing jacuzzi tub—ideal for comfortable living or hosting guests. The fully developed WALKOUT LEVEL backs onto beautiful green space with mature trees and offers incredible flexibility. Whether used as a home office, bedroom, gym, or media room, this space adapts to your lifestyle. Laundry is also conveniently located on this level. Additional highlights include a TANDEM DOUBLE ATTACHED GARAGE with extra storage space. Enjoy an unbeatable location just minutes from West 85th Shopping Centre and Aspen Landing Shopping Centre, offering grocery stores, cafés, restaurants, and everyday amenities. Commuting is easy with quick access to Bow Trail, Sarcee Trail, and Stoney Trail, plus the nearby 69 Street CTrain Station providing convenient access to downtown. Outdoor enthusiasts will appreciate proximity to parks and pathways, including Edworthy Park and the Bow River pathway system, as well as the nearby Westside Recreation Centre. A fantastic opportunity to own a move-in ready home in one of Calgary’s most sought-after southwest communities—this one truly has it all! More details
    Listed by First Place Realty
    DIANE RICHARDSON
  • 76 Skyview Link NE in Calgary: Skyview Ranch Row/Townhouse for sale : MLS®# A2309464

    76 Skyview Link NE Skyview Ranch Calgary T3N 1N6
    Main Photo: 76 Skyview Link NE in Calgary: Skyview Ranch Row/Townhouse for sale : MLS®# A2309464
    $490,000
    Residential
    Status:
    Active
    MLS® Num:
    A2309464
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,830 sq. ft.
    Welcome to 76 Skyview Link NE, a spacious conventional townhome in the desirable community of Skyview Ranch. Built in 2018, this well-designed home offers 1,829 sq. ft. of living space with 3 spacious bedrooms, 3 bathrooms, plus a den/office, making it perfect for families, professionals, or anyone needing extra work-from-home space. The home features an attached double car garage, plenty of natural light, and a functional layout with generous room sizes throughout. Enjoy the convenience of being within walking distance to Anytime Fitness, Shoppers Drug Mart, Dollarama, and nearby walking paths around two beautiful ponds. FreshCo is only a short 4-5 minute drive away, and commuting is easy with quick access to Metis Trail and Stoney Trail. A great opportunity to own a spacious and well-connected home in one of NE Calgary’s popular communities. More details
    Listed by Century 21 Bravo Realty
    DIANE RICHARDSON
  • 131 Copperpond Row SE in Calgary: Copperfield Row/Townhouse for sale : MLS®# A2315760

    131 Copperpond Row SE Copperfield Calgary T2Z 1H3
    Main Photo: 131 Copperpond Row SE in Calgary: Copperfield Row/Townhouse for sale : MLS®# A2315760
    $419,900
    Residential
    Status:
    Active
    MLS® Num:
    A2315760
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,825 sq. ft.
    Welcome to 131 Copperpond Row SE! This beautifully maintained home offers the perfect combination of space, comfort, and convenience in the heart of Copperfield. Featuring a bright and functional layout, spacious living areas, and plenty of room for the whole family, this home is designed for both everyday living and entertaining. Enjoy being just steps from scenic pathways, parks, ponds, schools, shopping, and all the amenities that make Copperfield one of Calgary's most desirable communities. Whether you're a first-time buyer, growing family, or investor, this is an opportunity you won't want to miss. Book your private showing today! More details
    Listed by Real Estate Professionals Inc.
    DIANE RICHARDSON
1-12/1,500
Data was last updated June 7, 2026 at 04:05 PM (UTC)

Calgary Real Estate Under $500,000 | Family-Friendly Homes & Condos

New Listings of Calgary Homes Under $500K | Modern & Budget-Friendly
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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