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Homes for Sale in Chestermere Under $500,000 | Affordable & Modern Living

Chestermere Homes for Sale Under $500,000

Looking for affordable homes for sale in Chestermere under $500,000? Chestermere offers a variety of housing options, including townhomes, duplexes, and single-family properties. These homes are perfect for first-time buyers and families, combining affordability with modern designs and amenities.

Explore popular communities like Rainbow Falls and Chelsea, where you’ll find homes with open layouts, garages, and access to parks and schools. Many of these homes offer quick possession options, making them ideal for buyers looking to move in right away.

Chestermere’s proximity to Calgary offers a perfect balance between suburban living and urban convenience. Whether you’re searching for a move-in ready townhome or a cozy duplex, the real estate market in Chestermere provides great opportunities for buyers seeking affordable housing with access to recreational amenities.

Contact Diane Richardson
Phone: 403-397-3706
Email: diane@mypadcalgary.com

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

Chestermere homes for sale under $500,000, Affordable homes Chestermere Alberta

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  • 706 280 Chelsea Road: Chestermere Row/Townhouse for sale : MLS®# A2196648

    706 280 Chelsea Road Chestermere Chestermere T1X 0L3
    Main Photo: 706 280 Chelsea Road: Chestermere Row/Townhouse for sale : MLS®# A2196648
    $509,900
    Residential
    Status:
    Active
    MLS® Num:
    A2196648
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,706 sq. ft.
    BRAND NEW CORNER UNIT | FACING PARK & GREEN SPACE | LOW CONDO FEES | 20 MINS TO DOWNTOWN YYC | Welcome to this beautifully appointed 4-bedroom, 3.5-bathroom townhome by TRUMAN in the vibrant community of Chelsea, Chestermere. Offering care-free condo living with low fees, it’s just a short walk from Walmart, Costco, and restaurants in Belvedere SE Calgary. The open-concept main floor features vinyl plank flooring, large windows, and bright living and dining spaces. The gourmet kitchen boasts full-height cabinetry, quartz countertops, a central island, and stainless steel appliances with a water and ice dispenser. The living room opens to a large front balcony with a gas line, perfect for outdoor entertaining. A 2-piece powder room completes the main floor. Upstairs, the primary suite includes a walk-in closet and a 4-piece ensuite. Two additional bedrooms, a shared 4-piece bathroom, and upper-floor laundry with a full-sized Samsung washer and dryer complete this level. The lower level offers a guest bedroom or office, an oversized attached double garage with storage, and a mechanical room with a heat recovery ventilation (HRV) unit. Steps from major amenities and minutes from 17th Ave, Stoney Trail, and Downtown Calgary, this home offers exceptional living in a prime location. Don’t miss your chance to make it yours! More details
    Listed by RE/MAX Real Estate (Central)
    DIANE RICHARDSON
  • 51 111 Rainbow Falls Gate: Chestermere Row/Townhouse for sale : MLS®# A2206509

    51 111 Rainbow Falls Gate Chestermere Chestermere T1X 0Z5
    Main Photo: 51 111 Rainbow Falls Gate: Chestermere Row/Townhouse for sale : MLS®# A2206509
    $455,000
    Residential
    Status:
    Active
    MLS® Num:
    A2206509
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,595 sq. ft.
    HOTTEST TOWNHOME IN CHESTERMERE – RAINBOW FALLS GEM. This stunning, 3-bedroom, 2.5-bathroom CORNER-UNIT townhome is truly one of the BRIGHTEST and most spacious homes in the complex. Boasting one of the LARGEST SQUARE FOOTAGES AVAILABLE, this property is situated on a QUIET STREET with no multi-family buildings in front, offering added privacy and an open, peaceful view. With only one common wall, this home feels more like a duplex and is flooded with NATURAL LIGHT thanks to the abundance of EXTRA WINDOWS throughout. The main level features a versatile FLEX ROOM perfect for a home office, gym, or guest space, with access to a ground-level PATIO. Upstairs, enjoy soaring 9FT CEILINGS and an expansive open-concept layout featuring a large living area, dedicated dining space, and a modern kitchen equipped with QUARTZ COUNTERTOPS, LARGE ISLAND, STAINLESS STEEL APPLIANCES, FULL-HEIGHT CABINETRY, and PANTRY. Step out onto your BALCONY WITH BBQ GAS LINE, which is ideal for outdoor entertaining. The top floor offers 3 bedrooms, including a spacious primary suite and 4-piece ensuite, plus two more generously sized bedrooms and a full main bathroom. Enjoy the convenience of UPPER-FLOOR LAUNDRY, right where you need it. Additional highlights include: CENTRAL A/C, freshly painted interior, original owners, never smoked in, never had pets, DOUBLE ATTACHED GARAGE, and plenty of street parking right outside the front door. Located just steps from playgrounds, schools, scenic walking paths, and only minutes from CHESTERMERE LAKE, shopping, restaurants, and with quick access to Calgary, this home offers the perfect balance of lifestyle and convenience. A rare opportunity to own one of Rainbow Falls’ most sought-after units—clean, bright, spacious, and meticulously cared for. Don’t miss your chance to make it yours. More details
    Listed by Town Residential
    DIANE RICHARDSON
  • 52 111 Rainbow Falls Gate: Chestermere Row/Townhouse for sale : MLS®# A2195325

    52 111 Rainbow Falls Gate Chestermere Chestermere T1X 0Z5
    Main Photo: 52 111 Rainbow Falls Gate: Chestermere Row/Townhouse for sale : MLS®# A2195325
    $449,900
    Residential
    Status:
    Active
    MLS® Num:
    A2195325
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,531 sq. ft.
    Discover the perfect blend of style, space, and comfort in this elegant townhouse, ideally situated in the desirable community of Rainbow Falls. Just minutes from Lake Chestermere and a short drive to Calgary, this home offers breathtaking canal views, scenic walking paths, and a tranquil atmosphere. Step inside to find a welcoming entryway with chic tile flooring, a spacious coat closet, and a versatile den—ideal for a home office, gym, or creative retreat. The double-attached, heated garage provides year-round convenience and includes a discreet utility room for added functionality. The open-concept main level features rich engineered hardwood, setting the stage for a thoughtfully designed galley kitchen with quartz countertops, full-height cabinetry, stainless steel appliances, and a generous island with seating and storage. The kitchen seamlessly connects to the dining area and spacious living room, creating a perfect space for entertaining. Double sliding doors open to a private upper deck with green space and playground views, complete with a gas hookup for effortless outdoor dining. Upstairs, two expansive primary suites each offer their own four-piece ensuite and walk-in closet, providing ultimate comfort and privacy. A conveniently located laundry area between the bedrooms adds to the home’s practical design. Abundant natural light streams through large windows, creating a bright and inviting atmosphere throughout. With its modern finishes, functional layout, and prime location, this exceptional townhouse is ready to welcome you home. Schedule a private showing today! More details
    Listed by Century 21 Masters
    DIANE RICHARDSON
  • 9 Waterford Glen: Chestermere Row/Townhouse for sale : MLS®# A2171522

    9 Waterford Glen Chestermere Chestermere T1X 2T8
    Main Photo: 9 Waterford Glen: Chestermere Row/Townhouse for sale : MLS®# A2171522
    $489,900
    Residential
    Status:
    Active
    MLS® Num:
    A2171522
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,505 sq. ft.
    Welcome to Your Dream Home! Under Construction: 4 - 5 Months to Build Discover this beautifully designed 2-bedroom plus flex room townhome, featuring 2.5 baths and the perfect blend of modern luxury and functional living. Key Features: Spacious Layout: Enjoy an open-concept living area with engineered hardwood floors that seamlessly flows into a large kitchen with a stunning island, perfect for entertaining. Elegant Kitchen: Equipped with a gas stove, refrigerator, over-the-range microwave, and a BBQ gas line leading to the main floor deck for easy outdoor grilling. Luxurious Bathrooms: Full tile shower in the ensuite and tub in the main bath. Convenient Upstairs Laundry: No more hauling laundry up and down stairs! Master Retreat: A generous walk-in closet provides ample storage. Outdoor Living: Relax on your balcony or enjoy additional outdoor space on the main floor deck. Oversized Single Garage: Plenty of room for your vehicle and additional storage. Nestled in a vibrant community, this townhome is ideal for families, professionals, or anyone seeking a stylish, low-maintenance lifestyle. Don’t miss your chance to own this exceptional property—schedule your viewing today! More details
    Listed by First Place Realty
    DIANE RICHARDSON
  • 140 Lavender Link: Chestermere Row/Townhouse for sale : MLS®# A2187298

    140 Lavender Link Chestermere Chestermere T1X 0E3
    Main Photo: 140 Lavender Link: Chestermere Row/Townhouse for sale : MLS®# A2187298
    $399,999
    Residential
    Status:
    Active
    MLS® Num:
    A2187298
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,460 sq. ft.
    This beautiful END UNIT features 2 spacious bedrooms, 2.5 bathrooms, and over 1,300 square feet of above-grade! The main level offers an open concept design, complete with granite countertops, stainless steel appliances, and plenty of storage/cabinet space. Enjoy sunny days on the southwest-facing deck off the back. Upstairs, you'll find two master suites, each with his/her closets and their own 4-piece ensuite bathroom. The lower level leads directly to your double tandem garage. Plus, it's conveniently located across from visitor parking, with schools, parks, shops, and public transit just a short distance away. This is an incredible value—call today to schedule your viewing! More details
    Listed by RE/MAX Real Estate (Central)
    DIANE RICHARDSON
  • 336 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2205931

    336 Rainbow Falls Drive Chestermere Chestermere T1X 0E6
    Main Photo: 336 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2205931
    $460,000
    Residential
    Status:
    Active
    MLS® Num:
    A2205931
    Bedrooms:
    2
    Bathrooms:
    4
    Floor Area:
    1,442 sq. ft.
    Welcome to this stunning end-unit townhome in the highly desirable Rainbow Falls community of Chestermere. Offering over 1,400 sq. ft. of living space, this home features a double detached garage, a fully finished walkout basement, and a prime location facing Rainbow Falls, the scenic pathway. The main floor boasts 9 ft ceilings and large windows, creating a bright and inviting atmosphere. Upstairs, you’ll find two spacious master suites, each with a walk-in closet and private 4-piece ensuite for maximum comfort and convenience. The finished walkout basement provides versatile space for a home office, gym, or additional living area. Located just steps from shopping, schools, and Chestermere Lake, this home is professionally cleaned and move-in ready. Don’t miss out on this incredible opportunity—schedule your showing today! More details
    Listed by RE/MAX Real Estate (Mountain View)
    DIANE RICHARDSON
  • 217 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2206438

    217 Rainbow Falls Drive Chestermere Chestermere T1X 0A7
    Main Photo: 217 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2206438
    $449,000
    Residential
    Status:
    Active
    MLS® Num:
    A2206438
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,440 sq. ft.
    Welcome to the Brownstones at Rainbow Falls! Boasting over 2000 square feet of living space, this FULLY developed unit is one of a kind! Upon walking in, you are welcomed into an oversized living room with dining area with 9ft ceilings throughout. Enter into the kitchen and you will see a large island, newer stainless appliances and a corner pantry. Upstairs there are 3 spacious bedrooms, the primary bedroom has a walk in closet. Conveniently located between the bedrooms is a newly renovated 6 pc bathroom for all to share! Cozy on downstairs and there is an additional living room, a 4th bedroom with built in reading nook and a 3 pc bathroom! Located within steps to all your amenities, Schools, grocery parks and Chestermere Lake! This One of a kind unit won't last long! Book your showing today! More details
    Listed by Century 21 Bravo Realty
    DIANE RICHARDSON
  • 372 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2202004

    372 Rainbow Falls Drive Chestermere Chestermere T1X 0L8
    Main Photo: 372 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2202004
    $465,000
    Residential
    Status:
    Active
    MLS® Num:
    A2202004
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,423 sq. ft.
    372 Rainbow Falls Drive, is a beautifully maintained, two-storey walk-out townhome situated on a quiet street in the desirable Rainbow Falls community. Ideally located directly across from a picturesque waterfall, park and walking path with no obstructed views! This bright and spacious home features 2 bedrooms and 2.5 bathrooms. The main floor boasts an open-concept layout with a large living room accented by sizeable window to admire the park views and natural light! The modern kitchen is equipped with stainless steel appliances, a convenient corner pantry, and a center island, the perfect place for kids to enjoy their after school snack. The main floor is complete with a dining area, rich hardwood floors, 9' ceilings and ample storage with additional closet space. Upstairs, you'll find your generously sized primary bedroom featuring a walk-in closet. Once again, with park views from the large window. Enjoy the convenience of your dedicated office space, second bedroom and 4-piece bathroom. The fully developed walk-out basement adds incredible versatility. It features a spacious family room with a built-in Murphy bed, allowing ease for hosting guests or providing space for an older child. A 3-piece bathroom, expansive laundry room, and plenty of storage complete the lower level. Enjoy outdoor living with a large balcony off the main floor and a spacious patio from the walk-out level. The double detached garage provides secure parking and additional storage. Utilize the 2064sq of developed space this townhouse has to offer! You'll enjoy the professionally maintained yard, year round! Located close to all amenities, including parks, schools and grocery stores. Don’t miss this fantastic opportunity to own in Rainbow Falls! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 385 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2197527

    385 Rainbow Falls Drive Chestermere Chestermere T1X 0A7
    Main Photo: 385 Rainbow Falls Drive: Chestermere Row/Townhouse for sale : MLS®# A2197527
    $429,900
    Residential
    Status:
    Active
    MLS® Num:
    A2197527
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,417 sq. ft.
    Welcome to this beautiful end-unit townhome in the highly sought-after community of Rainbow Falls, Chestermere. Offering over 1,400 sq. ft. of living space, this home features a double detached garage, a walkout basement, and a prime location backing onto a scenic pond and pathway. Recent updates include brand-new luxury vinyl plank flooring and fresh paint on both levels, enhancing the home’s modern and inviting feel, along with a new hot water tank installed within the last year. The main floor features 9 ft ceilings and large windows, filling the space with plenty of natural light. Upstairs, you’ll find two spacious bedrooms, including a primary bedroom with a large walk-in closet and direct access to a 4-piece ensuite, which also has a second entrance from the hallway for added convenience. A versatile den or bonus area on this level provides the perfect space for a home office, reading nook, or additional living space. The unfinished walkout basement provides excellent potential, featuring a separate entrance and rough-in plumbing for an additional bathroom. This home is just steps from shopping, schools, and Chestermere Lake. Professionally cleaned and move-in ready, this home offers both comfort and convenience in an unbeatable location. Book your showing today! More details
    Listed by 2% Realty
    DIANE RICHARDSON
  • 38 248 Kinniburgh Boulevard: Chestermere Row/Townhouse for sale : MLS®# A2197295

    38 248 Kinniburgh Boulevard Chestermere Chestermere T1X 0P4
    Main Photo: 38 248 Kinniburgh Boulevard: Chestermere Row/Townhouse for sale : MLS®# A2197295
    $399,900
    Residential
    Status:
    Active
    MLS® Num:
    A2197295
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,383 sq. ft.
    Welcome to this stunning 2-bedroom, 2.5-bathroom home in the highly desirable Kinniburgh community of Chestermere, AB! Perfectly located near Lake Chestermere, this home offers a modern open-concept layout, ideal for entertaining and everyday living. Recently freshly painted, the bright and inviting interior creates a warm and welcoming atmosphere. The main floor office is a fantastic bonus, offering flexibility as a third bedroom or a quiet workspace. With an attached garage, you’ll have the convenience of parking and extra storage year-round. Nestled in an excellent neighbourhood, this home is just minutes from parks, schools, and shopping, making it the perfect place for families and professionals alike. Plus, enjoy the beauty of lakeside living with easy access to walking trails, outdoor activities, and everything Chestermere has to offer. Don’t miss out on this incredible opportunity—schedule your showing today! More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 902 33 Merganser Drive W: Chestermere Row/Townhouse for sale : MLS®# A2198941

    902 33 Merganser Drive W Chestermere Chestermere T1X 2S3
    Main Photo: 902 33 Merganser Drive W: Chestermere Row/Townhouse for sale : MLS®# A2198941
    $450,000
    Residential
    Status:
    Active
    MLS® Num:
    A2198941
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,346 sq. ft.
    Spacious & affordable Investor-Friendly Townhouse in Chelsea, Chestermere! Welcome to this modern and spacious 2-bedroom, 2.5-bathroom townhouse in the sought-after Cascata project. Unlike similar-sqft-sized 3-bedroom townhomes, this well-designed home features larger bedrooms, offering a more comfortable and functional layout. Originally built with the option for a third bedroom at the garage level, the design allows for flexibility to suit various future needs. The open-concept main floor is bright and inviting, with a stylish kitchen featuring quartz countertops, rich brown cabinetry, and sleek stainless steel appliances. The living and dining areas flow seamlessly, creating a perfect space for entertaining or relaxing. Upstairs, the primary bedroom offers a private 4-piece ensuite, and another good sized second bedroom. For investors, the rental market is challenging- but this home is already tenanted with responsible and reliable occupants, offering immediate rental income stability. The tandem 2-car garage plus an additional driveway space ensures plenty of parking. At the back, a shared courtyard provides an open outdoor space to enjoy. Located just minutes from Chestermere Lake, parks, and walking paths, this home is perfect for those looking for a balance between nature and convenience. With quick access to East Hills Shopping Centre, including Costco, Walmart, and Cineplex, and an easy commute to Calgary, this is a fantastic opportunity to own in a growing community. Don’t miss out— book your showing today! More details
    Listed by PREP Realty
    DIANE RICHARDSON
  • 106 285 Chelsea Court: Chestermere Row/Townhouse for sale : MLS®# A2191793

    106 285 Chelsea Court Chestermere Chestermere T1X 2W7
    Main Photo: 106 285 Chelsea Court: Chestermere Row/Townhouse for sale : MLS®# A2191793
    $469,300
    Residential
    Status:
    Active
    MLS® Num:
    A2191793
    Bedrooms:
    2
    Bathrooms:
    4
    Floor Area:
    1,344 sq. ft.
    Step into the beautifully designed Regent floorplan, a stunning 2-bedroom + flex room, 3.5-bath townhome that blends modern luxury with everyday convenience. Located in the desirable Chelsea community, this Trico Homes masterpiece offers an ideal combination of style, functionality, and comfort — perfect for those seeking a sophisticated and low-maintenance lifestyle. This particular unit comes in the Moonlight colour palette and has been tastefully upgraded featuring: LVP flooring throughout, a flex room with an attached 3-piece bathroom, A/C rough-ins, a semi-built-in kitchen, flush-mounted LED lights in the great room and a gas line to the deck! The open-concept design of the Regent effortlessly integrates spacious living areas, creating a welcoming atmosphere for both relaxation and entertaining. Upon entry, you are greeted by a single-car garage, a generously sized flex room with an attached 3-piece bathroom and a foyer that leads you to the second floor, where you’ll find a sleek 2-piece powder room for added convenience. The upgraded semi-built-in kitchen is a true showstopper, featuring contemporary finishes, ample counter space, and modern appliances, making it perfect for meal prep and gatherings. The adjacent dining area and expansive great room flow seamlessly into one another, creating the perfect space for family dinners or hosting friends. Step out onto the private deck, ideal for enjoying your morning coffee in peace. The upper floor of the home boasts upgraded LVP flooring throughout, giving the space a polished, modern feel. Two spacious master bedrooms await, each with its own luxurious ensuite bathroom and walk-in closet. Whether you're relaxing after a long day or hosting guests, these private retreats offer the perfect balance of style and comfort. Located in the sought-after Chelsea community, you'll enjoy easy access to Chestermere Lake, Lakeside Greens Golf Course, Easthills shopping centre, schools, and all the best amenities the area has to offer. Don’t miss the opportunity to make this stylish and functional townhome your own. More details
    Listed by Century 21 Bravo Realty
    DIANE RICHARDSON
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Data was last updated March 30, 2025 at 08:05 PM (UTC)

Chestermere, ALBERTA homes for sale UNDer $500k

EXPLORE affordable HOMES FOR SALE IN Chestermere, ALBERTA

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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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.