Unveiling Opportunity in Calgary: Homes for Sale Under $500,000 (Updated Daily)

If you're searching for your dream home in Calgary without stretching your budget, you've come to the right place! Our website is updated daily with the newest listings for Homes for Sale in Calgary Under $500,000. Explore a diverse range of properties, from stylish condos to comfortable family homes, all within your reach.

Find Your Perfect Fit in Calgary's Vibrant Market:

  • Affordable Options: Discover a variety of properties new homes Calgary under $500,000, including apartments, condos, townhomes, and bungalows. No matter your lifestyle or family size, you'll find options that suit your needs without breaking the bank.

  • Embrace City Living or Suburban Tranquility: Explore a range of locations, from bustling downtown neighborhoods to established communities with a suburban feel. Enjoy the perks of city life or the peace and tranquility of quieter areas, all within your budget.

  • Variety of Styles: Find a home that reflects your taste and preferences. Whether you're drawn to modern condos, charming bungalows, or spacious townhomes, there's something for everyone under $500,000 in Calgary.

  • Investment Potential: Calgary's real estate market offers stability and the potential for growth. Owning a home under $500,000 can be a smart financial decision, allowing you to build equity over time while enjoying the benefits of homeownership.

Effortless Search for Your Dream Home:

  • Targeted Listings: Our website provides a comprehensive selection of Calgary homes under $500,000, complete with detailed descriptions, high-resolution photos, and virtual tours (if available). These listings give you the information you need to make informed decisions and find your dream home.

  • Advanced Search Tools: Refine your search using our advanced search tools. Filter listings by location, price range, number of bedrooms and bathrooms, or desired features such as a garage, finished basement, or proximity to specific amenities. Tailor your search to find homes that meet your specific criteria.

  • Expert Guidance: Partner with Diane Richardson, your trusted Calgary real estate expert. Diane's local knowledge and understanding of the city's real estate market will help you find the perfect home that aligns with your needs and budget. With her expertise, she will guide you through every step of the buying process.

Unlock the Door to Your Dream Lifestyle:

Ready to find your perfect place in Calgary without exceeding your budget? Contact Diane Richardson today! With her in-depth market knowledge and unwavering dedication to her clients, Diane will help you find the perfect home under $500,000 and guide you through every step of the buying process.

Call Diane Richardson at 403.397.3706 or send her an email for a personalized consultation.

Don't miss out! Affordable homes in Calgary sell quickly. Start exploring our extensive listings today and find your perfect place to call home!

Find Your Dream Home in Calgary by Price Range - Search Real Estate Listings from $200K to Over $1M

$200,000 to $300,000 $500,000 to $600,000 $800,000 to $900,000
$300,000 to $400,000 $600,000 to $700,000 $900,000 to $1,000,000
$400,000 to $500,000 $700,000 to $800,000 Million Dollar Homes for sale

Contact Diane Richardson: 

Get in Touch with Your Questions or to Schedule Viewings via Phone, Email, Contact Form, or Live Chat

Contact Options:

  • Contact Form: Use the form on my website to send me a message directly. Please provide your name, email address, and message, and don't forget to include the property address or MLS® number for the listing you're interested in.

  • Phone Number: Call me directly at 403.397.3706 for any questions or to schedule viewings.

  • Email Address: Send me an email at Diane@Mypadcalgary.com for additional information or questions you may have.

  • Live Chat: Connect with me in real-time through the live chat feature on my website for immediate answers to your questions.
    This is a great way to get immediate answers to your questions. To ensure a prompt response, please include the property address or MLS® number for the listing you are interested in.

Calgary Condos for Sale by Price 

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Calgary Homes for Sale Under $500,000|Calgary Homes Under $500KAuburn Bay
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431 54 ave sw Avenue SW
Windsor Park Calgary T2V 0C6

$2,999,999
Multi-Family 5,400 sq. ft. built: 2026

Main Photo: 431 54 ave sw Avenue SW in Calgary: Windsor Park 4 plex for sale : MLS®# A2256994
Photo 1: 431 54 ave sw Avenue SW in Calgary: Windsor Park 4 plex for sale : MLS®# A2256994
Photo 2: 431 54 ave sw Avenue SW in Calgary: Windsor Park 4 plex for sale : MLS®# A2256994
Photo 3: 431 54 ave sw Avenue SW in Calgary: Windsor Park 4 plex for sale : MLS®# A2256994
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2256994
Year Built:
2026
tremendous opportunity to enhance your real estate portfolio with this show-stopping 4-plex in the windsor park—an established inner-city community known for its central location, strong rental demand, and vibrant neighborhood charm. This brand-new, purpose-built investment property features four beautifully designed townhomes, each with 3 bedrooms, paired with four fully legal 2-bedroom basement suites—eight rentable units in total, all with private entrances for maximum flexibility and income potential. From the moment you arrive, the striking curb appeal sets this property apart. The exterior design is a standout, showcasing timeless architecture with a modern twist—clean lines, premium materials, and a sophisticated color palette create a truly upscale, boutique feel. Thoughtful landscaping, stylish lighting, and a unified facade add to the classy, high-end aesthetic that’s rarely seen in multi-family builds. Inside, each unit is finished with contemporary, low-maintenance features designed to attract quality tenants and minimize operational costs. Quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and large energy-efficient windows bring together form and function with elegant ease. Ideally located just minutes from downtown Calgary and within easy reach of major roadways, transit, parks, schools, ROCKYVIEW hospital and CHINOOK shopping, this property offers unmatched convenience for tenants and exceptional cash flow potential for investors. CMHC Select Financing eligible, this is a rare opportunity to own a high-yield, turnkey asset with long-term appreciation in a prime location. Don’t miss your chance to invest in one of the most visually stunning and thoughtfully designed 4-plexes Calgary has to offer. 50x120 R-C2 LOT GREAT SCHOOL CATCHMENT: ELBOYA SCHOOL . A GREAT OPPORTUNITY FOR INVESTORS.
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Possession:
Possession Date:
Home Style:
2 Storey, Attached-Side by Side
Total Living Area:
5,400 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Frontage:
50'
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Stories Total:
5400
Levels:
Two
Year built:
2026 (Age: -)
Bathrooms:
- (Full:-, Half:-)
Plan:
7445 FM
Heating:
Central, Natural Gas
Basement:
Finished
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Stucco
Structure Type:
Four Plex
Roof:
Asphalt
Ensuite:
No
Flooring:
Carpet, Vinyl Plank
Garage:
No
Parking Places:
8
Parking Total/Covered:
8 / -
Windsor Park
NONE
Call Lister
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
RESIDENTAL
Listed Date:
Sep 14, 2025
Days on Mkt:
  • Photo 1: 431 54 ave sw Avenue SW in Calgary: Windsor Park 4 plex for sale : MLS®# A2256994
    Photo 1 of 3
  • Photo 2: 431 54 ave sw Avenue SW in Calgary: Windsor Park 4 plex for sale : MLS®# A2256994
    Photo 2 of 3
  • Photo 3: 431 54 ave sw Avenue SW in Calgary: Windsor Park 4 plex for sale : MLS®# A2256994
    Photo 3 of 3
Larger map options:
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Listed by MaxValue Realty Ltd.
Data was last updated September 25, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
31
Avg list price:
$2,350,000
Min list price:
$865,000
Max list price:
$13,800,000
Avg days on market:
60
Min days on market:
5
Max days on market:
153
Avg price per sq.ft.:
$569.89
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations. This data is not produced by the MLS® system.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA