Calgary Homes for Sale Under $500,000 – Affordable Houses, Condos & Townhomes

Explore Calgary’s Best Homes, Condos & Family Properties Under Half a Million

Updated today: Browse the latest MLS® listings for Calgary homes priced under $500,000, including detached houses, townhomes and condos in all four quadrants of the city.

Calgary homes for sale under $500,000 – affordable houses, condos and townhomes
Find Calgary homes for sale under $500,000 – from modern condos to family houses and townhomes across the city.

Welcome to your complete guide to Calgary homes for sale under $500,000, featuring affordable houses, condos and townhomes updated in near real time from the Calgary MLS®. This popular price range offers strong value for first‑time buyers, downsizers and investors who want a balance of price, space and modern finishes.

You can choose from modern downtown Calgary condos, starter homes in growing suburbs, and family‑friendly townhouses in vibrant communities. Popular areas for affordable homes under $500K include SE Calgary, NE Calgary, and select neighbourhoods in SW and NW Calgary.

Homes in this range often feature open‑concept layouts, attached or rear garages, updated kitchens, private yards or balconies and family‑friendly floor plans. Many buyers are also drawn to new construction developments and move‑in‑ready properties that deliver modern design, energy efficiency and easy access to Calgary amenities.

Start your search for Calgary real estate under $500,000 by exploring the active listings below, saving favourites and requesting more details. Diane Richardson can help you compare communities, understand value and negotiate the right home that fits both your lifestyle and financial goals.

  Browse Calgary Homes Under $500,000     Call or text: 403‑397‑3706 · Email: Diane@Mypadcalgary.com 

Browse Calgary Homes for Sale by Area & Features

Discover your perfect Calgary home from our comprehensive collection of houses, condos, townhomes, and luxury properties across all quadrants and price ranges

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Calgary Homes for Sale Under $500,000 | Affordable Houses, Condos & Real Estate Listings

Calgary Homes for Sale Under $500,000, Affordable Houses, Condos & Real Estate Listings

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  • 1206 Sienna Park Green SW in Calgary: Signal Hill Apartment for sale : MLS®# A2297757

    1206 Sienna Park Green SW Signal Hill Calgary T3H 3N7
    Main Photo: 1206 Sienna Park Green SW in Calgary: Signal Hill Apartment for sale : MLS®# A2297757

    1206 Sienna Park Green SW Calgary T3H 3N7 Signal Hill

    $330,000
    Residential
    Status:
    Active
    MLS® Num:
    A2297757
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    992 sq. ft.
    Enjoy quiet, low maintenance living in this spacious 55+ condo in sought after Signal Hill. Among the largest floor plans in the complex, this home features a functional kitchen, open living and dining area, and two well-sized bedrooms including a primary with private two-piece ensuite. The standout feature is the glass enclosed balcony with windows that open, creating a sunroom-style space you can enjoy almost year round, included with a gas BBQ for easy entertaining. In suite laundry, secure underground parking, private storage locker, and access to a fitness centre, a game room with library, and courtyard complete the package. Close to bus stops, walking paths, shopping, and Stoney Trail for quick escapes to the mountains! More details
    Listed by Town Residential
    LISTING DETAILS

  • 415 55 Wolf Hollow Crescent SE in Calgary: Wolf Willow Apartment for sale : MLS®# A2292971

    415 55 Wolf Hollow Crescent SE Wolf Willow Calgary T2X 5K9
    Main Photo: 415 55 Wolf Hollow Crescent SE in Calgary: Wolf Willow Apartment for sale : MLS®# A2292971

    415 55 Wolf Hollow Crescent SE Calgary T2X 5K9 Wolf Willow

    $350,000
    Residential
    Status:
    Active
    MLS® Num:
    A2292971
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    591 sq. ft.
    Beautifully upgraded top-floor 1-bedroom, 1-bathroom condo in the sought-after Bow360 building, located in the prestigious community of Wolf Willow—a premier golf course neighbourhood in SE Calgary. Perfectly suited for a first-time buyer or young professional, this stunning home offers a bright and airy open-concept layout with 9-foot ceilings, large windows, and modern designer finishes throughout. The kitchen features crisp white cabinetry, upgraded flooring, and a clean, contemporary aesthetic that flows seamlessly into the living space. Cozy up by the elegant stone-faced gas fireplace or step out onto your spacious west-facing balcony to enjoy breathtaking sunset views. Additional features include in-suite laundry, air conditioning, titled underground parking, secure storage, and custom built-in closet organizers for added functionality and style. Low condo fees include everything except electricity, making this an easy and affordable lifestyle choice. Surrounded by incredible amenities, including the Blue Devil Golf Course, scenic walking and biking trails, and quick access to Stoney Trail and Deerfoot Trail—this location truly has it all. This is the perfect blend of style, comfort, and convenience—an ideal place to call home. More details
    Listed by RE/MAX Realty Professionals
    LISTING DETAILS

  • 342 Redstone Boulevard NE in Calgary: Redstone Row/Townhouse for sale : MLS®# A2297616

    342 Redstone Boulevard NE Redstone Calgary T3N 1K2
    Main Photo: 342 Redstone Boulevard NE in Calgary: Redstone Row/Townhouse for sale : MLS®# A2297616

    342 Redstone Boulevard NE Calgary T3N 1K2 Redstone

    $499,950
    Residential
    Status:
    Active
    MLS® Num:
    A2297616
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,509 sq. ft.
    Here’s a smart start, a well kept 2 storey home with NO condo fees, centrally located in the family friendly community of Redstone. Nicely positioned across from an expansive greenspace and is a quick 5 minute drive to major roads to take you into the city or out of town. The main level features easy care laminate flooring that flows seamlessly from room to room. Cozy, front living room has a lovely picture window that overlooks the street & park. The galley style kitchen is in the centre of the home and has been well laid out with large expanses of quartz counters, loads of white cabinets, a walk-in pantry and a full suite of stainless appliances. You’ll appreciate the good sized island with added storage & room for chairs to enjoy casual meals & entertaining. Off the kitchen is a large dining room that overlooks the back yard. Out the back door leads to your private fenced in yard with natural gas hook up for your BBQ and a detached garage. Upper level features dual primary suites each with their own en-suite bathroom & walk-in closets making it an ideal set up for multi-generational living or a shared home. A generous bonus/flex room separates the 2 bedrooms creating a secondary family room, office or exercise area. Laundry is conveniently located on the upper floor as well. The full basement is unfinished awaiting your equity building ideas. It has a rough in for future washroom as well as two deep windows for an additional bedroom if needed. Added bonus of CENTRAL AIR CONDITIONING will be appreciated come the summer months. Redstone is conveniently located close to the Calgary International Airport and Stoney Trail which provides quick & easy access to all parts of the city. Major shopping is close by or head north to Cross Iron Mills Mall - just a quick 10 minute drive away. You will find local shops & services within the community as well. Redstone has a number of amenities from lush green parks to pedestrian-friendly streets, an island park to community garden! A central Participark, featuring a permanent installation of circuit training equipment complements the 3.5KM pathway system in the community. The amazing accessibility of the community makes it an ideal spot for people looking to reduce their commute in to work – just 20 minutes to downtown Calgary & a 10 min drive to the nearest C-Train station. Whether you are looking for a peaceful family friendly neighbourhood or just want to live away from the hustle & bustle of the city this vibrant community fits the bill. Click on the 3D button at the top of the listing for a walking tour of the property. More details
    Listed by RE/MAX First
    LISTING DETAILS

  • 243 Redstone Drive NE in Calgary: Redstone Semi Detached (Half Duplex) for sale : MLS®# A2297708

    243 Redstone Drive NE Redstone Calgary T3N 0N4
    Main Photo: 243 Redstone Drive NE in Calgary: Redstone Semi Detached (Half Duplex) for sale : MLS®# A2297708

    243 Redstone Drive NE Calgary T3N 0N4 Redstone

    $469,900
    Residential
    Status:
    Active
    MLS® Num:
    A2297708
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,117 sq. ft.
    NO CONDO FEES | FIRST OWNER HOME | REDSTONE COMMUNITY Welcome to this fantastic and well-maintained 1,168 sq. ft. 2-storey semi-detached home in the highly desirable community of Redstone. This first-owner property offers pride of ownership throughout, with thoughtful details and a bright, modern design. Step inside to an open-concept main floor featuring 9 ft ceilings, a spacious living room and dining area, and a functional kitchen complete with ample cabinetry, pantry, and all appliances. Upstairs you’ll find three generous bedrooms, including the primary suite with a walk-in closet, along with two additional bedrooms and a well-appointed four-piece main bath—perfect for family living. The unspoiled basement is ready for your personal touch—whether you envision a home gym, media room, or extra living space. Outside, enjoy your south-facing, fully fenced backyard with a rear deck—ideal for summer barbecues, playtime, or relaxing in the sun. This home is move-in ready with no condo fees and quick access to schools, shopping, parks, and major routes. A wonderful opportunity to own in Redstone! More details
    Listed by RE/MAX Real Estate (Mountain View)
    LISTING DETAILS

  • 304 5500 Somervale Court SW in Calgary: Somerset Apartment for sale : MLS®# A2297735

    304 5500 Somervale Court SW Somerset Calgary T2Y 4L9
    Main Photo: 304 5500 Somervale Court SW in Calgary: Somerset Apartment for sale : MLS®# A2297735

    304 5500 Somervale Court SW Calgary T2Y 4L9 Somerset

    $255,000
    Residential
    Status:
    Active
    MLS® Num:
    A2297735
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    844 sq. ft.
    Welcome to this beautifully upgraded, quiet retreat that perfectly balances modern style with ultimate convenience. Situated with easy access to Stoney and MacLeod Trails, walking distance to the Somerset-Bridlewood C-Train station and the shops/services within the Shawnessy shopping district, this unit offers a peaceful sanctuary without sacrificing proximity to top-tier amenities. Step onto wide-plank laminate flooring in a warm, natural finish that flows throughout the open-concept layout. The heart of the home is a cozy living area anchored by a tiled surround gas fireplace. The entire space is bright and airy, illuminated by contemporary recessed lighting, modern light fixtures and natural West exposure. The stunning white kitchen is a masterclass in modern design, featuring chic black and brass pulls, durable, elegant quartz countertops, a full suite of S/S appliances, large workspace with an integrated sink and dishwasher. This split functional floor plan boasts 2 spacious bedrooms and 2 full bathrooms. The primary suite serves as a true escape, complete with an ensuite bathroom featuring a large walk-in shower. The second bathroom features a deep soaker tub. Additional features include a private balcony equipped with a gas BBQ hook-up. In suite washer, dryer and storage area PLUS a titled underground stall AND titled storage cage (a rarity in this building). Quiet, stylish, and perfectly located—this unit is a must-see! More details
    Listed by Rimrock Residential Sales and Leasing Ltd.
    LISTING DETAILS

  • 20 Covemeadow Manor NE in Calgary: Coventry Hills Row/Townhouse for sale : MLS®# A2297922

    20 Covemeadow Manor NE Coventry Hills Calgary T3K 6G5
    Main Photo: 20 Covemeadow Manor NE in Calgary: Coventry Hills Row/Townhouse for sale : MLS®# A2297922

    20 Covemeadow Manor NE Calgary T3K 6G5 Coventry Hills

    $390,000
    Residential
    Status:
    Active
    MLS® Num:
    A2297922
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,210 sq. ft.
    Welcome to this bright and spacious end-unit home in the family-friendly community of Coventry Hills. Walking up to the home, you'll notice there's double parking on the front pad and an attached single garage. Walking in you're greeted with a bright and sunny area to kick off your shoes. The open-concept main floor offers a functional layout with saturated with light having large windows, a well-appointed kitchen with raised eating bar, and a dining nook that flows seamlessly into the living room with access to a private patio and green space—perfect for everyday living and entertaining. Upstairs features a generous primary bedroom with walk-in closet and oversized ensuite, along with a well-sized second bedroom and full bathroom—ideal for families, guests, or a home office. The partially finished basement offers a family room / rec space that lends itself to many possibilities, whether you envision a recreation room, home gym, office, or additional living area. Located within walking distance to parks, playgrounds, schools, the movie theatre, and transit, this home is perfectly suited for family life. Enjoy quick access to shopping, dining, and Vivo for Healthier Generations, offering year-round activities just minutes away in this established and welcoming neighbourhood. More details
    Listed by RE/MAX Complete Realty
    LISTING DETAILS

  • 1123 Balmoral Street SE in Medicine Hat: River Flats Detached for sale : MLS®# A2298079

    1123 Balmoral Street SE River Flats Medicine Hat T1A 0X5
    Main Photo: 1123 Balmoral Street SE in Medicine Hat: River Flats Detached for sale : MLS®# A2298079

    1123 Balmoral Street SE Medicine Hat T1A 0X5 River Flats

    $289,900
    Residential
    Status:
    Active
    MLS® Num:
    A2298079
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    842 sq. ft.
    Excellent first time buyer or investment opportunity! This well-maintained 2-bedroom bungalow offers 842 sq ft of comfortable living space and has seen numerous thoughtful updates over recent years. Incredibly affordable to own, with utility costs averaging just $230 per month, Improvements include an updated roof, attic insulation upgrades, refreshed kitchen cabinetry, vinyl plank flooring, and newer windows and doors—giving you peace of mind and added value from day one. The main floor features a bright and inviting living room with vaulted ceilings, creating an open and airy feel. Two generously sized bedrooms offer ample closet space, along with a spacious 4-piece bathroom. The kitchen is both functional and stylish, complete with clean white cabinetry and durable tile flooring. Downstairs, the basement offers additional flexibility with a 3-piece bathroom, laundry area, and plenty of storage space. Outside, you'll find great off-street parking at the front, along with an impressive 24' x 26' detached garage that is finished and heated—perfect for hobbies, storage, or keeping your vehicles warm year-round. (Garage is wired for 220v) Set on a beautiful tree-lined street, this property is full of charm and character. All the hard work has been completed—this is truly move-in ready, affordable living with river valley vibes and excellent access to city parks and the scenic trail system. Call today to view. More details
    Listed by RE/MAX MEDALTA REAL ESTATE
    LISTING DETAILS

  • 403 1908 11 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2298132

    403 1908 11 Avenue SW Sunalta Calgary T3C 0N8
    Main Photo: 403 1908 11 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2298132

    403 1908 11 Avenue SW Calgary T3C 0N8 Sunalta

    $239,000
    Residential
    Status:
    Active
    MLS® Num:
    A2298132
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    799 sq. ft.
    Welcome to this truly one-of-a-kind top-floor 2-bedroom, 1-bathroom condo offering 799 sq ft of beautifully updated living space in the heart of Sunalta. Occupying an entire half of the upper level, this exceptional unit offers complete privacy with no shared walls. This is a rare find in condo living. Flooded with natural light, this home features windows in every room except the bathroom, and showcases unobstructed panoramic north views of Downtown Calgary and past the Children’s Hospital in the NW. And, thanks to Sunalta’s low-rise zoning, these views are here to stay. Pride of ownership is evident in all corners of this unit. The thoughtfully updated interior features new flooring throughout and a bright, open-concept design. The kitchen offers both style and function with stainless steel appliances, an island, and a built-in wine rack. The cozy fireplace adds warmth and charm to the living area, while a sliding glass door provides seamless access to the balcony. It’s the perfect space for entertaining. The primary bedroom is spacious and bright, featuring a large window and a walk-in closet with exceptional organization and storage. The second bedroom is generously sized and filled with natural light. Enjoy the added convenience of in-suite laundry with a new washer and dryer, along with a covered parking stall. Recent building updates include a new roof (2026), updated common area carpets and paint, and recently completed balconies. The board has also approved upcoming exterior stucco repair and painting for completion in April 2026. This unbeatable inner-city location is just moments from: Calgary Tennis Club (est. 1912), Scarboro parks & off-leash area, Bow River pathways & trails, Royal Sunalta Park & community amenities, Easy access to Calgary transit & major routes. Don’t miss this rare opportunity to own a quiet, top-floor retreat with no shared walls, incredible views, and unbeatable access to everything Calgary has to offer. More details
    Listed by Real Estate Professionals Inc.
    LISTING DETAILS

  • 3111 3727 Sage Hill Drive NW in Calgary: Sage Hill Apartment for sale : MLS®# A2298138

    3111 3727 Sage Hill Drive NW Sage Hill Calgary T3R 1T7
    Main Photo: 3111 3727 Sage Hill Drive NW in Calgary: Sage Hill Apartment for sale : MLS®# A2298138

    3111 3727 Sage Hill Drive NW Calgary T3R 1T7 Sage Hill

    $315,000
    Residential
    Status:
    Active
    MLS® Num:
    A2298138
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    703 sq. ft.
    Investors, take note—this bright and well-appointed 2-bedroom, 2-bathroom main-floor condo in the sought-after community of Sage Hill presents a compelling opportunity to add a quality asset to your portfolio. With a tenant already in place, you can start generating rental income from day one. Located on the main floor of a well-managed building, this unit is designed for lasting tenant appeal: an open-concept layout, brand-new stainless steel appliances, luxury vinyl plank flooring, and in-suite laundry make it the kind of rental that attracts quality tenants and keeps vacancy low. The large balcony, ensuite with marble tile and stand-up shower, and two full bathrooms round out a suite that consistently stands out in the rental market. The included titled underground parking stall, assigned storage, and dedicated bike storage area only add to the unit's rental value—practical extras that tenants genuinely appreciate and that help justify strong rental rates. Sage Hill is one of NW Calgary's most desirable and stable rental communities, drawing consistent demand from young professionals, couples, and families alike. Walking paths, playgrounds, schools, daycares, and a full range of retail (Walmart, Co-Op, restaurants, and more) are all minutes away, with seamless access to Stoney Trail keeping the broader city within easy reach. Whether you're building a long-term buy-and-hold portfolio or simply looking for a low-maintenance, income-generating property in a high-demand area—this one checks every box. And when the current lease expires, it transitions just as naturally into an exceptional primary residence for an end-buyer or owner-occupant. Tenanted, move-in ready, and priced right. Opportunities like this don't sit long. More details
    Listed by Royal LePage Benchmark
    LISTING DETAILS

  • 78 740 Bracewood Drive SW in Calgary: Braeside Row/Townhouse for sale : MLS®# A2296268

    78 740 Bracewood Drive SW Braeside Calgary T2W 3N3
    Main Photo: 78 740 Bracewood Drive SW in Calgary: Braeside Row/Townhouse for sale : MLS®# A2296268

    78 740 Bracewood Drive SW Calgary T2W 3N3 Braeside

    $374,900
    Residential
    Status:
    Active
    MLS® Num:
    A2296268
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,015 sq. ft.
    Updated, stylish, and very well kept end-unit 3 bedroom townhome with a fully finished basement and private, fully fenced yard. This move in ready home has seen numerous recent upgrades including a new furnace (2023), hot water tank (2020) and LVP flooring on the basement stairs, throughout the basement and on the main floor (2023). The well managed condo complex has also been updated with a newer roof, windows, and low maintenance vinyl fencing. The main level features a thoughtfully designed kitchen with white cabinetry, stainless steel appliances, added cabinetry across from the dining area, and a pantry for extra storage, while east and south facing windows flood the space with natural light throughout the day. The bright, spacious living room overlooks the private yard, and a convenient powder room plus a welcoming front entry with coat closet and feature wall complete the main floor. Upstairs offers three generously sized bedrooms and a beautifully updated 4-piece bathroom with a fully tiled tub/shower and ceramic tile flooring. The primary bedroom easily accommodates a king-size bed and includes a large, deep closet for excellent storage. The fully finished basement adds valuable living space with a versatile rec room perfect for a media room, home gym, or office along with a laundry area featuring built-in storage and additional storage space under the stairs. A standout feature is the assigned parking stall just steps from your front door, plus ample street parking. Enjoy a pet friendly, well managed complex with reasonable condo fees, green space, and a playground. This property is ideally located with easy access in and out of the neighbourhood, within walking distance to Tim Hortons and other amenities, and close to schools, parks, and the Southland Leisure Centre. More details
    Listed by RE/MAX Realty Professionals
    LISTING DETAILS

  • 219 223 Tuscany Springs Boulevard NW in Calgary: Tuscany Apartment for sale : MLS®# A2297667

    219 223 Tuscany Springs Boulevard NW Tuscany Calgary T3L 2M2
    Main Photo: 219 223 Tuscany Springs Boulevard NW in Calgary: Tuscany Apartment for sale : MLS®# A2297667

    219 223 Tuscany Springs Boulevard NW Calgary T3L 2M2 Tuscany

    $369,900
    Residential
    Status:
    Active
    MLS® Num:
    A2297667
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    718 sq. ft.
    Rare opportunity to own in the highly sought-after Sierras of Tuscany, a vibrant 40+ adult living community offering a true resort-style lifestyle. This immaculate one-bedroom unit presents an exceptional entry price point and the convenience of condo living at its finest—no need to leave the building with the incredible amenities at your doorstep. The bright, open-concept layout features luxury vinyl plank flooring throughout, California shutters, and a cozy corner fireplace that anchors the living space. The well-designed kitchen flows seamlessly into the dining and living areas, creating an inviting space to relax or entertain. Enjoy year-round use of the fully enclosed balcony/sunroom, perfect for morning coffee or quiet evenings. The spacious primary bedroom includes a walk-in closet, while the in-suite laundry and storage room add everyday functionality. Heated underground parking and a large separate storage unit are also included. This well-managed building is known for its unmatched amenities, including an indoor saltwater pool and hot tub, fitness centre, bowling alley, billiards and games room, movie theatre, library, craft and woodworking rooms, Panorama Room/ballroom/party room, guest suites, and even a car wash. Ideally located just steps to green space and the Tuscany LRT station, with quick access to Crowchild Trail and Stoney Trail, plus nearby shopping and amenities. Condo fees include all utilities—heat, water, sewer, and electricity—offering outstanding value and peace of mind. An immaculate, move-in-ready home in one of NW Calgary’s most desirable adult communities—this is a must see. More details
    Listed by RE/MAX Real Estate (Mountain View)
    LISTING DETAILS

  • 78 New Brighton Landing SE in Calgary: New Brighton Row/Townhouse for sale : MLS®# A2297833

    78 New Brighton Landing SE New Brighton Calgary T2Z 1C1
    Main Photo: 78 New Brighton Landing SE in Calgary: New Brighton Row/Townhouse for sale : MLS®# A2297833

    78 New Brighton Landing SE Calgary T2Z 1C1 New Brighton

    $419,999
    Residential
    Status:
    Active
    MLS® Num:
    A2297833
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,214 sq. ft.
    Welcome to this beautifully designed three-storey townhouse that perfectly blends comfort, privacy, and modern living. The second floor features two spacious primary bedrooms, each complete with its own private ensuite, with one bedroom offering a generous walk-in closet, providing added comfort and functionality. This level features comfortable carpeting throughout, creating a warm and inviting retreat. On the main floor, you’ll find a bright and inviting layout with a generous living room and elegant dining area finished with stylish hardwood-look plank flooring, perfect for entertaining or everyday living. The kitchen is appointed with tile flooring, granite countertops, and stainless steel appliances, offering both durability and a modern touch. A convenient 1/2 bath with tile flooring completes this level. This home truly stands out with its exceptional privacy — thoughtfully positioned so that no other townhouses look directly into your space, allowing you to relax and enjoy your home in peace. Step outside to enjoy a west-facing balcony and patio, ideal for soaking in the sun and unwinding in the evening, all while surrounded by the natural privacy of two mature trees. Additional features include full air conditioning for year-round comfort and a tandem two-car garage, ideally located on the perimeter of the property for easy access and convenient additional parking nearby. Situated in a quiet, desirable area, this home is walking distance to retail shops and restaurants, making it perfect for everyday convenience. Whether you’re looking for a place to call home or a smart addition to your portfolio, this property is excellent for ownership or an ideal investment opportunity with strong rental appeal. This is a rare opportunity to own a stylish, private, and well-appointed townhouse in a sought-after location. More details
    Listed by Royal LePage Benchmark
    LISTING DETAILS
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Data was last updated April 1, 2026 at 10:05 PM (UTC)
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.

Frequently Asked Questions About Calgary Homes Under $500,000

What types of homes are available in Calgary under $500,000?

Buyers shopping under $500,000 in Calgary can choose from a range of condos, townhomes, duplexes and starter single‑family houses. Many of these properties offer open‑concept layouts, updated interiors and convenient access to transit, shopping and schools.

Are there good options for first-time buyers under $500,000?

Yes, this price range is very popular with first‑time buyers, who often focus on well‑located condos, townhouses and smaller detached homes. These properties can provide a manageable mortgage payment along with modern finishes and low‑maintenance living.

Which Calgary areas offer strong value for homes under $500,000?

Many buyers look to SE and NE Calgary, as well as select communities in SW and NW Calgary, for strong value under $500K. These areas frequently feature newer builds, family‑friendly amenities and good access to major roadways and transit.

Can I buy a new-build home in Calgary for under $500,000?

In several growing neighbourhoods, there are new‑construction townhomes, duplexes and smaller detached houses available below $500,000. These homes often include energy‑efficient systems, modern floorplans and builder warranty coverage.

Are detached houses available under $500,000?

Detached homes under $500,000 are available in a variety of Calgary communities, especially in outer and developing areas. While they may have slightly smaller lots or more modest finishes, many still provide 3 bedrooms, garages and private yards.

What features can I expect in a Calgary home priced under $500K?

Typical homes in this range often offer 2–3 bedrooms, 2+ bathrooms, open‑concept main floors and updated kitchens. Depending on the property type, you may also find in‑suite laundry, balconies or patios, attached or assigned parking and access to shared amenities.

Is Calgary under $500,000 a good range for investors?

Many investors focus on the under‑$500K segment because of its broad rental demand and comparatively lower entry costs. Well‑located condos, townhomes and houses near transit, employment centres and schools can offer attractive long‑term potential.

Who can help me find the best Calgary homes under $500,000?

Diane Richardson is an experienced Calgary REALTOR® who works extensively with buyers and sellers in the under‑$500K market. Diane provides personalized MLS® searches, neighbourhood‑level advice and one‑on‑one support from initial planning through to possession.

Interactive Map: Calgary Homes for Sale Under $500,000

Explore active Calgary homes for sale under $500,000 using the interactive map below. See affordable houses, condos and townhomes across all four quadrants of the city. Blue clusters show areas with multiple listings—zoom in to reveal individual properties marked by red pins, then click any home to view photos, features and pricing from the latest Calgary MLS® listings under $500,000.

Use this map to compare budget‑friendly homes and investment properties in popular neighbourhoods such as Auburn Bay, Evanston, Seton and Skyview Ranch, along with many other established and growing communities. It is an ideal tool for first‑time buyers, professionals and downsizers looking for a balance of value, location and comfort while exploring Calgary homes under $500,000 in real time.

Diane Richardson – Calgary Homes Under $500,000 Specialist

Your Calgary Homes Under $500,000 Specialist

Diane Richardson is a trusted Calgary REALTOR® helping buyers find the right houses, condos and townhomes under $500,000. With years of local experience, Diane provides clear advice, neighbourhood insight and step‑by‑step guidance for first‑time buyers, move‑up buyers and investors.

Whether you are considering a starter home, modern condo or investment property, Diane’s local market knowledge and hands‑on support make buying or selling under $500,000 in Calgary more straightforward and less stressful.

    Connect With Diane Richardson Today    

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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.