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

Can't find exactly what you're looking for? Diane Richardson provides personalized home search services and market expertise.

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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We have found a total of 2,903 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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  • 209 1712 38 Street SE in Calgary: Forest Lawn Apartment for sale : MLS®# A2084617

    209 1712 38 Street SE Forest Lawn Calgary T2A 1H1
    Main Photo: 209 1712 38 Street SE in Calgary: Forest Lawn Apartment for sale : MLS®# A2084617
    $139,900
    Residential
    Status:
    Active
    MLS® Num:
    A2084617
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    750 sq. ft.
    2 bedroom apartment on second floor of low rise building;open living room kitchen floor plan ;patio door to balcony; underground park stall. More details
    Listed by Grand Realty
  • 420 3rd Street NE in Manning: Detached for sale : MLS®# A2176021

    420 3rd Street NE Manning T0H 2M0
    Main Photo: 420 3rd Street NE in Manning: Detached for sale : MLS®# A2176021
    $249,900
    Residential
    Status:
    Active
    MLS® Num:
    A2176021
    Bedrooms:
    6
    Bathrooms:
    3
    Floor Area:
    1,171 sq. ft.
    REDUCED!! This fully finished 1171 sq. ft. home is perfect for the growing family. With 6 bedrooms and 2.5 baths offering lots of space. Some recent upgrades include new vinyl plank flooring throughout the basement along with new window inserts in the basement and a new front window upstairs. The back yard is all landscaped and fenced with garden area, fruit trees and lots of perennials. 18 x 28 detached garage with overhead auto door, insulated and heated with natural gas furnace is perfect for your vehicle in the winter. Entrance to the garage is off the back alley and offers additional parking spaces beside it. Located close to the hospital and splash park. More details
    Listed by RE/MAX Grande Prairie
  • 6551 Huntsbay Road NW in Calgary: Huntington Hills Row/Townhouse for sale : MLS®# A2196539

    6551 Huntsbay Road NW Huntington Hills Calgary T2K 5R3
    Main Photo: 6551 Huntsbay Road NW in Calgary: Huntington Hills Row/Townhouse for sale : MLS®# A2196539
    $350,000
    Residential
    Status:
    Active
    MLS® Num:
    A2196539
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    985 sq. ft.
    "No Condo Fees" – Great Starter Home or Investment! Perfect for first-time buyers or investors, this townhouse offers a kitchen with an eating area and access to a south-facing backyard. The main floor also features a half bath, dining room, and spacious living room. Upstairs has three bedrooms and a 4-piece bathroom. The basement is partially finished, awaiting your personal touch. Conveniently located near shopping and schools. Don’t miss out on this opportunity! More details
    Listed by E-Trinity Realty and Management Ltd
  • 5 610 4 Avenue SW in Sundre: Semi Detached (Half Duplex) for sale : MLS®# A2200286

    5 610 4 Avenue SW Sundre T0M 1X0
    Main Photo: 5 610 4 Avenue SW in Sundre: Semi Detached (Half Duplex) for sale : MLS®# A2200286
    $449,900
    Residential
    Status:
    Active
    MLS® Num:
    A2200286
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    1,048 sq. ft.
    This Sundre villa offers a serene escape from urban life, surrounded by lush greenery and picturesque mountains. Situated in the heart of Sundre's vibrant community, Prairie Creek Crossing beckons with its promise of tranquil living for adults seeking a retreat or retirement haven. Step inside to discover a modern oasis designed for comfort and convenience. The open floor plan welcomes you with vaulted ceilings, creating an airy ambiance throughout. The kitchen is a chef's delight, with ample counter space, and a spacious pantry for all your culinary needs. Entertaining is effortless as the dining area seamlessly transitions into the inviting living room, providing the perfect setting for family gatherings and socializing. Retreat to the master bedroom, featuring a walk-through closet leading to a private 4-piece ensuite, offering a sanctuary of relaxation. Designed for ease of living, this single-floor layout eliminates the hassle of stairs, catering to adults looking to downsize without compromising on comfort. A over size single attached heated garage provides convenient parking for one vehicle, ensuring both practicality and security. Experience year-round comfort with in-floor heating throughout the home and garage, while exterior landscaping and snow removal are meticulously taken care of. Embrace the joys of pet ownership as Prairie Creek Crossing welcomes furry companions with board approval, allowing you to share your new home with your beloved pets. Beyond the doorstep, Sundre offers an array of recreational opportunities for outdoor enthusiasts, including hiking, fishing, camping, and trail riding amidst breathtaking natural landscapes. Indulge in quality golf courses or unwind at the local hospital, seniors club, or indoor recreational centre with an indoor pool and fitness facilities. Don't wait to embrace the retirement lifestyle you've dreamed of—seize the opportunity to live amidst Sundre's beauty and tranquility at Prairie Creek Crossing. More Pictures to follow, Just at finishing Stage! Please note we Have 5 units and you are welcome to view them all! More details
    Listed by RE/MAX First
  • 97 4936 Dalton Drive NW in Calgary: Dalhousie Row/Townhouse for sale : MLS®# A2206707

    97 4936 Dalton Drive NW Dalhousie Calgary T3A 2E4
    Main Photo: 97 4936 Dalton Drive NW in Calgary: Dalhousie Row/Townhouse for sale : MLS®# A2206707
    $379,900
    Residential
    Status:
    Active
    MLS® Num:
    A2206707
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,006 sq. ft.
    This is the perfect for someone looking for a cozy, move-in-ready home or an investment opportunity! Having 3 bedrooms+ 1 den, 2.5 full bathrooms, and ample living space ( fully developped basement ) is excellent for a family or those who need extra space for guests or entertainment. Additionally, being close to public transit, playgrounds, shopping, and major roads makes it very convenient for daily life and commuting. If you're considering this as an investment, the proximity to an LRT station and other amenities could make it attractive for renters as well. More details
    Listed by Skyrock
  • 1240 81 LEGACY Boulevard SE in Calgary: Legacy Apartment for sale : MLS®# A2208088

    1240 81 LEGACY Boulevard SE Legacy Calgary T2X 2B9
    Main Photo: 1240 81 LEGACY Boulevard SE in Calgary: Legacy Apartment for sale : MLS®# A2208088
    $349,900
    Residential
    Status:
    Active
    MLS® Num:
    A2208088
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    889 sq. ft.
    Welcome to this bright and airy CORNER unit condo offering 2 spacious bedrooms, 2 full baths, a functional den, and 2 parking stalls—one underground and one surface. With windows on multiple sides, this home is flooded with natural light throughout the day, creating a warm and inviting atmosphere. The open-concept living space includes a large sunlit living room that opens to a generously sized balcony, perfect for relaxing or entertaining. The kitchen and bathrooms feature upgraded granite countertops, complemented by newer stainless steel appliances and newer carpet for a fresh, move-in-ready feel. Smartly designed with bedrooms on opposite sides for maximum privacy and sound separation, plus a den ideal for a home office or study nook. Located just steps from shopping plazas, restaurants, grocery stores, and scenic green paths leading to peaceful ponds, this home combines comfort, functionality, and convenience in one perfect package. Book your showing today before it’s gone! More details
    Listed by TREC The Real Estate Company
  • 316 5th Avenue SE in Manning: Detached for sale : MLS®# A2211498

    316 5th Avenue SE Manning T0H 2M0
    Main Photo: 316 5th Avenue SE in Manning: Detached for sale : MLS®# A2211498
    $93,000
    Residential
    Status:
    Active
    MLS® Num:
    A2211498
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,208 sq. ft.
    A perfect home for the first time buyer, family or investor! It is located just steps away from the schools. This home features 3 bedrooms, 1 1/2 bathrooms, open kitchen, dining and living room area, large living room with a cozy wood fireplace and back deck. The back yard is accessible through the back alley to the detached garage. More details
    Listed by Grassroots Realty Group Ltd.
  • 407 3719C 49 Street NW in Calgary: Varsity Apartment for sale : MLS®# A2215203

    407 3719C 49 Street NW Varsity Calgary T3A 2E3
    Main Photo: 407 3719C 49 Street NW in Calgary: Varsity Apartment for sale : MLS®# A2215203
    $285,000
    Residential
    Status:
    Active
    MLS® Num:
    A2215203
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,057 sq. ft.
    For more information, please click the "More Information" button. Location Location Location! Top floor unit in the popular Adult Living building (25+),The Landmark. Condo has a full sized dining room, open concept living room , a large & bright kitchen with loads of cabinetry, 2 large bedrooms and 2 bathrooms - the master featuring a walk through closet and 3-piece bathroom. With vaulted ceilings, skylights throughout, fireplace, underground parking and storage, balcony, and big bright windows, this condo has everything. The location is hard to beat being steps to Market Mall, professional services, transit, parks, the river valley, The Children's Hospital, Foothills Hospital, Canada Olympic Park and the University of Calgary. The condo board is well run and incredibly active, and the free common laundry facilities are right down the hall from this unit. Wonderful opportunity and great value in Varsity! More details
    Listed by Easy List Realty
  • 3319 8500 19 Avenue SE in Calgary: Belvedere Apartment for sale : MLS®# A2215282

    3319 8500 19 Avenue SE Belvedere Calgary T2A 7W8
    Main Photo: 3319 8500 19 Avenue SE in Calgary: Belvedere Apartment for sale : MLS®# A2215282
    $359,990
    Residential
    Status:
    Active
    MLS® Num:
    A2215282
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    854 sq. ft.
    Welcome to East Hills Crossing by Minto Communities, a collection of modern townhomes and condominiums mindfully designed to foster a unique, people-centred lifestyle. East Hills Crossing offers an ever-expanding range of convenient amenities and connection. Right across the street is East Hills Shopping Centre — making it incredibly easy to pick up groceries, go for a bite to eat, or watch a movie. Each apartment in East Hills Crossing Condos provides all the space, style and convenient features you need for your multifaceted lifestyle. Whatever stage of life you’re in and whatever your lifestyle, you’ll appreciate the elegant flourishes and contemporary design details of your new home. Photos are representative. More details
    Listed by Bode Platform Inc.
  • 2212 430 Sage Hill Road NW in Calgary: Sage Hill Apartment for sale : MLS®# A2216527

    2212 430 Sage Hill Road NW Sage Hill Calgary T3R 1Y4
    Main Photo: 2212 430 Sage Hill Road NW in Calgary: Sage Hill Apartment for sale : MLS®# A2216527
    $279,900
    Residential
    Status:
    Active
    MLS® Num:
    A2216527
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    536 sq. ft.
    This home showcases a modern designer exterior with premium, hail-resistant, and sound-dampening fibre cement siding. Inside, enjoy 9' knockdown ceilings and luxury vinyl plank flooring throughout. The kitchen features maple dovetail cabinet boxes with soft-close doors and drawers, quartz countertops, a full-height backsplash, and stainless steel appliances including a fridge, smooth-top self-cleaning range, and over-the-range microwave with hood fan. Quartz countertops continue in the bathrooms, and a stacked washer and dryer are included. The spacious balcony with a gas line is ideal for summer BBQs. Logel Homes in house designers have completed all of the upgrades for this unit. And you won’t be disappointed! Stop by the Sales Centre and see for yourself, you will be glad you did! Located near shopping, dining, major highways, and an extensive network of walking and bike paths, this exceptional property is also backed by Alberta New Home Warranty coverage, making it the perfect place to call home. More details
    Listed by RE/MAX Real Estate (Mountain View)
  • 404 1530 Bayside Avenue SW in Airdrie: Bayside Row/Townhouse for sale : MLS®# A2216911

    404 1530 Bayside Avenue SW Bayside Airdrie T4B 4B5
    Main Photo: 404 1530 Bayside Avenue SW in Airdrie: Bayside Row/Townhouse for sale : MLS®# A2216911
    $459,990
    Residential
    Status:
    Active
    MLS® Num:
    A2216911
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,440 sq. ft.
    Your Airdrie haven awaits at 404-1530 Bayside Ave SW, a delightful townhouse nestled within the highly desirable Bayside community. Featuring 3 BEDS|2.5 BATHS| DOUBLE ATTACHED GARAGE| AIR CONDITIONER| FENCED FRONT YARD| EXTENDED BALCONY| GLASS RAILINGS| HIGH CEILINGS| OPEN TO ABOVE|, this home offers a wonderful living experience. Step inside to discover a perfectly designed main level, where the living room boasts an impressive open-to-above concept and soaring windows, bathing the space in warm natural light. For those moments of quiet relaxation, an electric fireplace adds a touch of cozy ambiance while you read or watch television. Ascend to the split-level upper floor, thoughtfully designed for all your daily dining needs. The open kitchen, complete with intelligently placed cabinetry offering ample pantry storage, is equipped with sleek stainless steel appliances to inspire your cooking needs. The adjacent dining space provides generous room for hosting large family meals and gatherings. Extend your living space outdoors onto the substantial balcony, enhanced with modern railings and offering a pleasant side view of the lake – a perfect spot to enjoy your afternoon tea with a smile. A convenient powder room completes this level. The upper floor also features a stacked laundry area with a contemporary washer and dryer unit for added convenience. Your primary bedroom serves as a true retreat at the end of the day, boasting an ensuite washroom with double vanity sinks. Two additional well-proportioned bedrooms on this floor can easily accommodate queen-size beds, and a full bathroom caters to the needs of a growing family. Benefit from the convenience of a double attached garage, along with an additional parking pad, providing space for up to four vehicles. The unfinished basement offers exciting potential for customization – envision a home office, a cozy den, or any other space to suit your unique lifestyle. Don't miss the opportunity to truly experience the charm of this wonderful townhouse. Book your personal showing today and take the first step towards making 404-1530 Bayside Ave SW your new address. Check 3D tour. More details
    Listed by Real Broker
  • 1401 225 11 Avenue SE in Calgary: Beltline Apartment for sale : MLS®# A2214977

    1401 225 11 Avenue SE Beltline Calgary T2G 0G3
    Main Photo: 1401 225 11 Avenue SE in Calgary: Beltline Apartment for sale : MLS®# A2214977
    $349,950
    Residential
    Status:
    Active
    MLS® Num:
    A2214977
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    635 sq. ft.
    Click brochure link for more details. CALGARY TOWER VIEW, PENTHOUSE LEVEL PARKING, HIGH END, UPGRADED, GLASS FLOOR TO CEILING WRAP AROUD WINDOWS, CORNER unit (this not a typical 1 bedroom) in prestigious KEYNOTE 2 premier apartment residences, situated in the highly sought after downtown location of VICTORIA PARK and within the walk-zone to Calgary core amenities. This executive upgraded unit has the best PARKING on P1 level which will save 20-30 minutes every day to get to/from parkade while saving your car longevity not going over the parkade speed bumps and same level titled oversized storage. Unit offers exceptional privacy and tranquility compared to other buildings in downtown thanks to its ALL-CONCRETE construction, including shared walls. Its unique ALL-GLASS EXTERIOR sets it apart, making it a standout building in Calgary's skyline. The OPEN-CONCEPT LAYOUT is designed for comfort and style, this unit boasts 9' ceiling with WRAP AROUND FULL FLOOR TO CEILING WINDOWS with BLINDS at your fingertip to close/open at your convenience and enjoy spectacular views of Calgary Tower. It is well planned one bedroom walk-in/walk through closet, entrance/exit from both bedroom and bathroom, not like any other layouts and one full bath, ceiling-height kitchen with European cabinetry, GRANITE counter-tops, center island, engineered hardwood floors and “Samsung” stainless appliances. Enjoy the ease of in-suite laundry and the comfort of central AIR CONDITIONING, ensuring a perfect indoor climate year-round. This unit like no others has UPGRADES: P1/Level1 Parking right at the entrance of the parkade, oversized titled storage, “VOVO” smart toilet, smart touchless faucets in the kitchen and bathroom, rain shower, large, matte black sink in the bathroom, new modern lighting fixtures in the kitchen, living room and bathroom, “InSinkErator” Garbage Disposal, countertop soap dispenser, has professionally drilled hole in the countertop to install water filtration like Reverse Osmosis and a new “Samsung” Glass Touch LED microwave. The adjoining living room can accommodate full-size furniture and leads to the balcony where you can enjoy your morning coffee while watching the sun rise or sipping glass of wine watching lights of Calgary Tower in the evening. This air-conditioned complex has keyless main entry and a newly installed high security system. Keynote 2 boasts an array of exceptional amenities that cater to an active and social lifestyle. Stay fit in one of the 2 the state-of-the-art fitness centers or unwind in the owner's lounge complete with a large TV, pool table, kitchen and wet bar. Furnished guest suites, 24-hour security with surveillance cameras, and secured elevator access. The building also features a Plus-15 rooftop patio with outdoor space and BBQs, perfect for summer gatherings and relaxing with friends. Residents enjoy the convenience of full-time onsite management, secured elevator access, a guest room for visiting friends and family, two bike rooms. More details
    Listed by Honestdoor Inc.
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Data was last updated April 15, 2026 at 08:05 AM (UTC)

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.