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!

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.

MCKENZIE LAKE HOMES FOR SALE FROM $875,000 to $975,000 IN SE CALGARY

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  • 323 Mt Cascade Place SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2259695

    323 Mt Cascade Place SE McKenzie Lake Calgary T2Z 2K5
    Main Photo: 323 Mt Cascade Place SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2259695
    $949,900
    Residential
    Status:
    Active
    MLS® Num:
    A2259695
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,584 sq. ft.
    Open house Cancelled. This beautifully crafted family home is nestled in one of Calgary’s most sought-after established lake communities, ideally located steps from Fish Creek Park and McKenzie Lake Golf Course. With four spacious bedrooms upstairs—including a large primary suite with a four-piece ensuite and a soothing soaker Jacuzzi tub—there’s room for everyone to grow and unwind. On the main floor, the formal dining room is perfect for hosting memorable family gatherings, while the cozy family room with a gas fireplace invites evenings spent together. The heart of the home is the warm kitchen, featuring a large pantry, plenty of counter space, and a sunlit breakfast nook wrapped in windows overlooking the yard. Hardwood floors and custom wood built-ins add timeless character and a sense of craftsmanship throughout. The fully developed basement extends the living space with a generous recreation room, a convenient kitchenette for snacks and drinks, and abundant storage. An oversized double attached garage 27.3xx23.5 adds everyday practicality, while the expansive yard offers established trees and plants, a garden plot, and a beautiful deck—all creating a private, park-like setting your family will love. With central air conditioning and thoughtful details throughout, this home radiates comfort, warmth, and the kind of charm that makes you want to curl up with a good book. Loads of recreation, this home offers a lifestyle between the lake - swimming, boating, pickleball, fishing, beach, skating- and Fish Creek - endless network of pathways systems through nature. Discover the perfect blend of community, convenience, and character—a home your family will cherish for years to come. More details
    Listed by MaxWell Canyon Creek
  • 85 Mt Douglas Point SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2261072

    85 Mt Douglas Point SE McKenzie Lake Calgary T2Z 3J9
    Main Photo: 85 Mt Douglas Point SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2261072
    $944,000
    Residential
    Status:
    Active
    MLS® Num:
    A2261072
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,140 sq. ft.
    TURN-KEY PERFECTION IN MACKENZIE LAKE! Welcome to this gorgeous 4-BEDROOM family home, perfectly located across from the ridge homes only steps from Fish Creek Park’s endless walking paths, great schools, and convenient shopping. The main floor features a bright dining and living room, plus a FULLY RENOVATED KITCHEN (2022) with ALL NEW STAINLESS-STEEL APPLIANCES, REVERSE OSMOSIS FILTRATION, and a sunny eating nook wrapped in windows. Custom cabinetry in the laundry room and a stylish powder room complete the main floor. Upstairs, you’ll find a spacious BONUS ROOM, two additional bedrooms with a 4-piece bath, and a private primary retreat with walk-in closet and a spa-like ensuite featuring separate sinks and a STEAM SHOWER and HEATED FLOORS,. The lower level offers a cozy gas fireplace in the large rec room, a 4th bedroom, 3-piece bath with HEATED FLOORS, built-in workbench, and ample storage. Major updates ensure peace of mind, including NEW FURNACE AND HOT WATER TANK (2022). Exterior upgrades set this home apart with GEMSTONE LIGHTING, professionally landscaped yard with CONCRETE CURBING, UPGRADED LIQUID-STUCCO COATING (30 yr warranty), well-maintained roof, NEW COMPOSITE DECK WITH GLASS RAILING (2024), NEW GARAGE DOOR (2024), ALL WINDOWS REPLACED (2010 – Bonus room with Triple-pain), NEW FURNACE and HOT WATER TANK (2022). More details
    Listed by RE/MAX Realty Professionals
  • 82 Mt Gibraltar Heights SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2242987

    82 Mt Gibraltar Heights SE McKenzie Lake Calgary T2Z 3R3
    Main Photo: 82 Mt Gibraltar Heights SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2242987
    $889,900
    Residential
    Status:
    Active
    MLS® Num:
    A2242987
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,203 sq. ft.
    One of Mckenzie Lakes most desirable streets- access to pathway on the ridge, walking distance to community parks, schools and amenities as well as the amazing sand beach, swimming, skating and tennis courts of Lake McKenzie, easily one of Calgary’s nicest lake communities. This 4 bedroom, 4 bath home has over 3000 sqft of developed space that is perfect for entertaining and busy family life. Main floor has 9 foot ceilings! Bright and open with freshly painted neutral colors throughout, features include newer quartz counter tops, central A/C and window shutters. The main level has a white kitchen with large grey feature island, new pull out pot drawers, and eating nook, a cozy living room, separate reading area with new stone surround three way fireplace, dining area, and laundry room. The entire home has been freshly painted! New humidifier, new vacuflo, new lighting, black out blinds and shutters upstairs. The foyer and kitchen have beautiful new stylish tile floors. The kitchen boasts new stainless steel refrigerator, induction stove and dishwasher! The front loading washer/dryer are only 8 months old. The upper level is complete with spacious vaulted bonus room with a stone surround corner fireplace, 2 good sized bedrooms and the master, complete with walk-in closet and full ensuite with dual sinks, jetted tub and separate tile shower. Enjoy the fully finished lower level with bedroom, full bath, recreation room, storage and separate home office/den. This property has beautiful landscaping with mature trees and shrubs and welcoming patio areas, new decking, with gas fire pit to have quiet times with family and friends. There is no POLY B in sight- new PEX installed! This wonderful family home has been lovingly maintained and truly must be seen! BONUS COMMISSION FOR BUYER'S REALTOR check the Agent's Remark More details
    Listed by URBAN-REALTY.ca
  • 271 Mountain Park Drive SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2259415

    271 Mountain Park Drive SE McKenzie Lake Calgary T2Z 2L3
    OPEN HOUSE: Oct 05, 2025
    01:00 PM - 03:00 PM MDT
    Open House on Sunday, October 5, 2025 1:00PM - 3:00PM
    Main Photo: 271 Mountain Park Drive SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2259415
    $868,000
    Residential
    Status:
    Active
    MLS® Num:
    A2259415
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    2,372 sq. ft.
    Welcome to 271 Mountain Park Drive – the original Cardel Showhome “Summit” model! Boasting over 3,400 sq. ft. of beautifully developed living space, this 5-bedroom, 3.5-bathroom home combines pride of ownership with an unbeatable location backing onto green space, complete with mountain views and lake access. The floor plan immediately impresses with gleaming hardwood featuring designer inlay, a spacious foyer, and a dramatic circular staircase beneath soaring open-to-above ceilings. French doors open to the front den, showcasing custom built-in cabinetry and two-storey windows that flood the space with natural light. A formal dining room flows into the open-concept kitchen, which includes a breakfast nook with access to the upgraded back deck and expansive backyard—perfect for family living and endless possibilities. The living room is anchored by a cozy gas fireplace and custom built-ins, while a separate laundry room and stylish powder room complete this level. Upstairs, the elegant curved staircase leads to a king-sized primary retreat with a sitting area, stunning views across the greenspace and pathways, a luxurious custom ensuite, and a spacious walk-in wardrobe. Three additional bedrooms—two with mountain views—plus a full bathroom provide ample room for family and guests. The fully finished basement extends the living space with a fifth bedroom, full bathroom, recreation/family room featuring a three-way fireplace, and a bar area—perfect for entertaining. This exceptional home is elevated further by its location in a family-focused community with access to excellent schools, McKenzie Meadows Golf Course, ridge pathways overlooking ravines, and the nearby beauty of Fish Creek Park and the Bow River. Quick access to Deerfoot and Stoney Trail ensures easy connectivity across the city. More details
    Listed by RE/MAX Realty Professionals
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Data was last updated October 4, 2025 at 06:05 AM (UTC)
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA