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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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We have found a total of 1,910 listings, but only 1,500 are available for public display. Please refine your criteria, in order to narrow the total number of matching listings.
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  • 801 Canfield Way SW in Calgary: Canyon Meadows Semi Detached (Half Duplex) for sale : MLS®# A2334562

    801 Canfield Way SW Canyon Meadows Calgary T3W 1K4
    Main Photo: 801 Canfield Way SW in Calgary: Canyon Meadows Semi Detached (Half Duplex) for sale : MLS®# A2334562
    $474,900
    Residential
    Status:
    Active
    MLS® Num:
    A2334562
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    12,788 sq. ft.
    Canyon Meadows, half Duplex . This clean, 3 bdrm SXS 1/2 Duplex in a well establish community on quiet street with 1180sq ft living area on main floor plus another 795 Sq. ft lower development. Single attached walk out garage. The many updates include windows and doors, baseboards, switches and plugs ,Updated French doors off master bedroom overlooking south back yard and deck for those relaxing morning coffees. Fridge ,stove and dishwasher recently replaced. Basement features large family room and office area. 30 yr torch on roofing replaced approx. last 12 years, painted in neutral tones. Walking distance to tot lot and 3 elementary schools, LRT and fish creek park, New high efficiency furnace. New hot water tank . No aluminum wiring or poly B .Perfect for young family ready to move in. . Great family home at an affordable price. Shows well. More details
    Listed by MaxWell Canyon Creek
    DIANE RICHARDSON
  • 343 Red Sky Terrace NE in Calgary: Redstone Row/Townhouse for sale : MLS®# A2328513

    343 Red Sky Terrace NE Redstone Calgary T3N 2M3
    Main Photo: 343 Red Sky Terrace NE in Calgary: Redstone Row/Townhouse for sale : MLS®# A2328513
    $464,900
    Residential
    Status:
    Active
    MLS® Num:
    A2328513
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,247 sq. ft.
    Welcome to 343 Red Sky Terrace NE – an exceptional fully furnished, turnkey investment opportunity that's ready to generate income from day one. Currently performing in the Top 10% of Airbnb listings, this professionally designed short-term rental has an impressive average monthly gross revenue of approximately $5,000. Offering over 2,200 sq. ft. of beautifully finished living space, this modern 3-storey home features 4 spacious bedrooms plus a versatile den, 3.5 bathrooms, and a double attached garage, making it ideal for families, business travelers, and large groups. The bright, open-concept layout is enhanced by contemporary finishes, stylish furnishings, and abundant natural light throughout. Every detail has been thoughtfully included, from the portable air conditioning unit for added comfort to the smart Yale lock system, which seamlessly syncs with Airbnb for automated guest access and hassle-free self check-ins. Whether you're looking to expand your investment portfolio or own a beautiful home with proven income potential, this property offers complete flexibility. Continue with the professional management team currently in place for a truly hands-off investment, or manage the property yourself. Turnkey opportunities with established cash flow, premium furnishings, and modern smart-home technology are rare. Simply take ownership and start earning from day one. More details
    Listed by Royal LePage Blue Sky
    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
    $450,000
    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. Upcoming hallway modernization is planned, offering buyers the benefit of fully refreshed common areas. 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
  • 418 Copperstone Manor SE in Calgary: Copperfield Row/Townhouse for sale : MLS®# A2323244

    418 Copperstone Manor SE Copperfield Calgary T2Z 5G3
    Main Photo: 418 Copperstone Manor SE in Calgary: Copperfield Row/Townhouse for sale : MLS®# A2323244
    $495,900
    Residential
    Status:
    Active
    MLS® Num:
    A2323244
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    2,006 sq. ft.
    Welcome to 418 Copperstone Manor SE in the heart of Copperfield. With over 2,000 square feet of living space, this is one of the LARGEST townhomes in the community and offers incredible value for buyers looking for room to grow without giving up the LOW MAINTENANCE lifestyle of townhouse living. This bright CORNER UNIT features 3 bedrooms, 2.5 bathrooms, and a functional OPEN CONCEPT layout that is perfect for everyday living and entertaining. The modern kitchen offers quartz countertops, plenty of cabinet space, and access to a sunny deck with a gas BBQ line. The spacious living room features a cozy electric fireplace, while luxury vinyl plank flooring runs throughout the main floor and on all staircases. A convenient powder room completes the main level. Upstairs, the generous primary bedroom includes a WALK-IN CLOSET and a beautiful ensuite with DUAL VANITIES, while two additional bedrooms provide plenty of space for family or guests. The lower level features a PRIVATE OFFICE or FLEX SPACE with access to the backyard patio, making it an ideal work from home setup. This can easily convert to a fourth bedroom if needed. Stay comfortable year round with central AIR CONDITIONING, and enjoy the DOUBLE ATTACHED GARAGE, a rare feature in this complex. Located close to schools, parks, playgrounds, shopping, and everyday amenities, this home checks all the boxes. As well, the complex is PET FRIENDLY! If you have been searching for a home that offers the space of a detached house with the convenience and value of townhouse living, this is one you will not want to miss. More details
    Listed by RE/MAX Landan Real Estate
    DIANE RICHARDSON
  • 212 4037 42 Street NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2325572

    212 4037 42 Street NW Varsity Calgary T3A 2M9
    Main Photo: 212 4037 42 Street NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2325572
    $496,000
    Residential
    Status:
    Active
    MLS® Num:
    A2325572
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,972 sq. ft.
    END unit with a private POND location - this updated charming townhouse features close to 2000sq ft on 3 levels, plus 2 generously sized bedrooms and bonus room and is ready for your renovating ideas! A Renovated unit just sold for $650,000 so there is lots of room for you to put your personal touch on this lovely home . 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
  • 237 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2322161

    237 Cranbrook Square SE Cranston Calgary T3M 3K8
    Main Photo: 237 Cranbrook Square SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2322161
    $439,999
    Residential
    Status:
    Active
    MLS® Num:
    A2322161
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,953 sq. ft.
    3 BEDROOMS | 2.5 BATHROOMS | END UNIT | 1,953 SQFT | ROOFTOP PATIO | FULLY FENCED YARD | SIDE GREEN SPACE Welcome to this stunning 3-storey end-unit townhome in the desirable community of Riverstone in Cranston. Offering 1,953 sq. ft. of thoughtfully designed living space, this home combines modern style, functionality, and an exceptional location beside green space. The bright open-concept main floor features durable laminate flooring, large windows, and a contemporary kitchen complete with quartz countertops, stainless steel appliances, a large island, and ample cabinet space. The dining area opens directly to the fully fenced backyard, featuring a BBQ pad and gas hookup—perfect for outdoor entertaining. A convenient 2-piece bathroom completes the main level. Upstairs, you'll find a spacious primary bedroom with a walk-in closet and private 4-piece ensuite, along with two additional bedrooms, another full bathroom, and upper-level laundry. The third floor offers a versatile family room, home office, or recreation space with access to a private rooftop patio—an ideal spot to relax and enjoy the views. Additional features include in-unit storage, an assigned parking stall, lawn maintenance included in the condo fees, and direct access to nearby pathways and green space. Conveniently located close to parks, schools, shopping, and all the amenities Cranston has to offer. A perfect opportunity for first-time buyers, young professionals, or growing families. Book your private showing today! More details
    Listed by RE/MAX Real Estate (Mountain View)
    DIANE RICHARDSON
  • 96 Abberfield Crescent NE in Calgary: Abbeydale Detached for sale : MLS®# A2329296

    96 Abberfield Crescent NE Abbeydale Calgary T2A 6N6
    Main Photo: 96 Abberfield Crescent NE in Calgary: Abbeydale Detached for sale : MLS®# A2329296
    $499,900
    Residential
    Status:
    Active
    MLS® Num:
    A2329296
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,873 sq. ft.
    Tucked away on a quiet street in the heart of Abbeydale, this welcoming 2-storey home offers the perfect blend of comfort, thoughtful updates, and everyday functionality. Located kitty-corner from a neighbourhood tot lot, it features a front driveway, a sunny south-facing backyard, and an oversized heated double detached garage—ideal for vehicles, hobbies, or extra storage. Step inside to a bright and inviting main floor where natural light fills the living and dining areas, creating warm, comfortable spaces for everyday living and family gatherings. The refreshed kitchen is ready for its next chapter with brand-new professionally installed cabinet fronts, classic subway tile backsplash, generous counter space, and plenty of storage. A charming bay-window breakfast nook is the perfect spot to enjoy your morning coffee, while patio doors lead to the sunny deck, making summer BBQs and backyard evenings easy to enjoy. A convenient 2-piece bathroom and side entrance complete the main level. Upstairs, you'll find three comfortable bedrooms, including a spacious primary retreat with his-and-her closets, along with a full 4-piece bathroom. The fully finished basement extends your living space with endless possibilities—whether it's a cozy movie room, kids' play area, home gym, or quiet place to unwind. The spa-inspired bathroom, complete with heated floors, a jetted soaker tub, and a separate glass shower, adds an unexpected touch of comfort. You'll also appreciate the many updates that add lasting value, including newer shingles, durable Hardie board siding, updated soffit, fascia and eavestroughs, updated garage siding, central air conditioning, a high-efficiency furnace, tankless hot water system, and a customizable GOVEE permanent exterior lighting system that adds year-round curb appeal. Close to schools, parks, shopping, transit, and major commuter routes, this is a home that's been well cared for and thoughtfully updated—ready for new memories to be made. More details
    Listed by RE/MAX Complete Realty
    DIANE RICHARDSON
  • 184 Valley Ridge Heights NW in Calgary: Valley Ridge Row/Townhouse for sale : MLS®# A2329663

    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®# A2329663
    $429,800
    Residential
    Status:
    Active
    MLS® Num:
    A2329663
    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
  • 285 Fresno Place NE in Calgary: Monterey Park Detached for sale : MLS®# A2333852

    285 Fresno Place NE Monterey Park Calgary T1Y 6Y3
    Main Photo: 285 Fresno Place NE in Calgary: Monterey Park Detached for sale : MLS®# A2333852
    $499,000
    Residential
    Status:
    Active
    MLS® Num:
    A2333852
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,864 sq. ft.
    Welcome to this spacious and freshly painted 5-bedroom home, perfectly situated on a quiet cul-de-sac in the sought-after community of Monterey Park. Offering plenty of room for growing families or savvy investors, this property features generously sized bedrooms, vaulted ceilings that create an open and airy feel, and a cozy fireplace (currently not in use). Step outside to enjoy the huge deck overlooking the fully fenced backyard—ideal for entertaining, relaxing, or letting kids and pets play safely. Parking is a breeze with a single attached garage plus an additional parking pad. An added bonus is the illegal suite, offering excellent potential as a mortgage helper or additional living space. Located in a peaceful, family-friendly neighborhood, this home is just minutes from everyday amenities and is conveniently close to excellent schools, including Monterey Park School, Clarence Sansom School, and Lester B. Pearson High School—making it an ideal choice for families with children of all ages. Whether you’re looking for a spacious family home or an investment opportunity with income potential, this versatile property offers exceptional value in a prime location. Don’t miss your chance to make it yours! More details
    Listed by RE/MAX Real Estate (Mountain View)
    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
    $489,900
    Residential
    Status:
    Active
    MLS® Num:
    A2289732
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,861 sq. ft.
    PRICE REDUCED!!! 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
  • 136 42 Cranbrook Gardens SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2323100

    136 42 Cranbrook Gardens SE Cranston Calgary T3M 3N9
    Main Photo: 136 42 Cranbrook Gardens SE in Calgary: Cranston Row/Townhouse for sale : MLS®# A2323100
    $509,000
    Residential
    Status:
    Active
    MLS® Num:
    A2323100
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,853 sq. ft.
    Fronting onto a beautifully landscaped courtyard, this exceptional 3-bedroom + 2-den townhome by award winning Cedarglen Living offers a refined blend of modern design, premium upgrades and effortless everyday living. Perfectly positioned within a pet friendly complex surrounded by tranquil ponds and scenic pathways, this home delivers a rare balance of serenity and connectivity. From the moment you enter, you’ll appreciate the thoughtful design and upgraded finishes throughout. The entry level features a versatile flex space with upgraded LVP flooring. Ideal for a private office, fitness area or stylish lounge alongside an insulated double attached garage complete with a water bib for added convenience. The main floor is a showpiece of contemporary living, flooded with natural light. Designed for both entertaining and daily comfort, the open concept layout seamlessly connects the living and dining areas to a beautifully upgraded chef inspired kitchen. Here, you’ll find quartz countertops, full height cabinetry, a premium stainless steel appliance package and a timeless tile backsplash. Elevated further by thoughtful enhancements including pot and pan drawers, a built in recycling centre and expanded storage, the large central island becomes the true heart of the home. Perfect for gathering and hosting. Step out onto the glass railed balcony with a gas line and enjoy peaceful courtyard views. An ideal setting for summer evenings. A bright, fully enclosed den offers a quiet and sophisticated workspace, complemented by a sleek powder room and custom roller blinds that add both style and function. Upstairs, retreat to a serene primary suite designed with comfort in mind, featuring a spacious walk in closet and a spa inspired ensuite complete with dual vanities, quartz surfaces, enhanced cabinetry with additional drawers and an oversized shower with full height tile for a polished, upscale finish. Two additional generously sized bedrooms, a full bathroom and convenient upper laundry complete the level. This home is further enhanced by over $15,000 in builder upgrades, including upgraded stone throughout, cabinetry enhancements, designer finishes, and A/C offering both immediate comfort and long term value. Residents enjoy exclusive access to a private clubhouse featuring sports courts, a spray park, skating rink, and more, while being just minutes from Fish Creek Park, Seton’s vibrant amenities, restaurants, shopping, and the world class YMCA. Move in ready and meticulously upgraded, this is an elevated townhome offering where design, lifestyle and location come together seamlessly. More details
    Listed by First Place 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
    $465,000
    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
1-12/1,500
Data was last updated August 12, 2026 at 10:05 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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