Affordable Calgary Homes for Sale Under $500,000 
Looking for Calgary homes for sale under $500,000? Discover an array of affordable properties in one of Canada’s most dynamic cities. In Calgary’s thriving real estate market, buyers can enjoy exceptional value without compromising on quality or convenience. Whether you are a first-time buyer, a savvy investor, or someone ready to downsize, affordable Calgary homes provide the perfect opportunity to secure a comfortable lifestyle in a vibrant community.
Our comprehensive listings showcase a variety of properties under $500,000, from cozy condos to charming single-family homes. Each listing is carefully selected for its prime location, modern amenities, and potential for future growth. Many of these homes are situated in family-friendly neighborhoods, close to top-rated schools, parks, shopping centers, and essential services. This makes owning a home not only a smart financial investment but also a gateway to enjoying Calgary’s exceptional quality of life.
By leveraging expert insights and in-depth market knowledge, you can confidently navigate the competitive Calgary market. Explore our selection today and let us help you find the ideal home that fits your budget and lifestyle, turning your dream of homeownership into a reality.
Contact Diane Richardson
Phone: 403.397.3706
Email: diane@mypadcalgary.com
Unlock Your Calgary Dream Home: Explore Listings by Price Range
New listings of Calgary homes under $500K
Calgary real estate under $500K, Calgary houses for sale under $500,000
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212 4037 42 Street NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2240141
212 4037 42 Street NW Calgary T3A 2M9 
$520,000Residential- Status:
- Active
- MLS® Num:
- A2240141
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,972 sq. ft.
REVISED PRICE TO SELL - END unit with a POND location - this updated charming townhouse features close to 2000sq ft on 3 levels, plus 2 generously sized bedrooms. As you enter the home, you are greeted by an open foyer that leads you to the main level. Main level floor plan impresses - spacious living room with elegant wood burning fireplace, 10ft ceilings, large windows and access to the NEW deck - fully fenced it provides an idyllic outdoor entertainment area backing onto the pond with fountains. The living room is open plan to the dining area that features a built-in buffet area with wood slab countertop and sink. The kitchen was upgraded by the previous owner and includes Wolf appliances, new dishwasher, lots of storage and a bright breakfast nook area. A upgraded 1/2 bath completes this level. The Upper floor features new carpet, a loft/flex/office space with balcony that overlooks the pond area, a generous Primary suite with two closets and spacious ensuite complete with newer Toto toilet. A second bedroom offers a generous space and a full bathroom with skylight completes this level. Walkout basement features utility room with newer washing/dryer, storage and is connected to the Tandem heated attached garage (fits 2 cars). Situated in the desirable community of Varsity, this townhouse not only offers a comfortable living space but also provides access to a wealth of amenities including nearby shopping and parks, University District, U of C, Children's & Foothills Hospitals, LRT plus walking distance to Market Mall. More detailsListed by RE/MAX Realty Professionals- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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82 Mahogany Drive SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2285115
82 Mahogany Drive SE Calgary T3M 2K2
$520,000Residential- Status:
- Active
- MLS® Num:
- A2285115
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,135 sq. ft.
Welcome to this beautiful NO-CONDO-FEE townhome in the highly sought-after lake community of Mahogany, offering year-round access to the beach, clubhouse, and an array of outdoor amenities. This immaculate home combines comfort, functionality, and style, with a thoughtfully designed floor plan that takes full advantage of the abundant natural light streaming through the large windows. The main floor boasts 9-foot ceilings and an inviting open-concept layout that seamlessly connects the living, dining, and kitchen areas—perfect for both relaxing and entertaining. The kitchen is well-appointed with granite countertops, stainless steel appliances, and ample cabinetry, complemented by a blend of laminate and tile flooring that adds both warmth and durability. Upstairs, you’ll find two spacious primary bedrooms, each offering a walk-in closet and private ensuite for ultimate convenience and privacy. One of the bedrooms also includes a versatile den area, ideal for a home office or cozy reading nook. The unfinished basement provides plenty of potential for future development—whether you envision a recreation room, home gym, or extra storage space. Outside, enjoy a low-maintenance yard, a welcoming front porch, and a private backyard complete with a cement patio and gas grill hookup, perfect for summer barbecues and relaxing evenings. A detached double garage offers secure parking and additional storage. Recent upgrades include brand-new carpet (2025), a new hot water tank (2025), and a newer oven (2023), making this home truly move-in ready. With its excellent layout, modern finishes, and access to one of Calgary’s most desirable lake communities, this Mahogany townhome is a perfect blend of lifestyle and value. More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
-
5112 Maryvale Drive NE in Calgary: Marlborough Detached for sale : MLS®# A2255407
5112 Maryvale Drive NE Calgary T2A 2T4
$520,000Residential- Status:
- Active
- MLS® Num:
- A2255407
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,020 sq. ft.
VERY NEAT AND CLEAN RECENTLY RENOVATED 4 LEVEL SPLIT,FULLY FINISHED ON ALL 4 LEVELS.COMES WITH TOTAL 5 BEDROOMS AND 2 FULL BATHS.2 GOOD SIZE BEDROOM ON THE UPPER LEVEL 2 BEDROOMS ON THE 3RD LEVEL AND ONE BEDROOM ON THE 4TH LEVEL.SITUATED ON A HUGE LOT ON THE BUS ROUTE AND ONE BLOCK TO SCHOOLS,CLOSE TO MARLBOROUGH MALL AND LRT STATION. MAIN LEVEL LIVING ROOM WITH FIRE PLACE,KITCHEN AND DINING AREA AND DOOR GOING TO A HUGE DECK,OVERSIDE DOUBLE DETACHED GARAGE 24X26.HOUSE SHOW VERY WELL SOME OF THE UPGRADES DONE ARE FLOORING AND PAINT 1 YEAR AGO,BATHROOM AND ELECTRICAL 2 YEARS AGO,SHINGLES 4 YEAR AGO,NEW FURNACE ABOUT 10 YEARS AGO AND NEWER WINDOWS.RENTED FOR $2500 PER MONTH FIXED LEASE TILL END OF OCT,2026.VERY GOOD FOR INVESTMENT. BUT IF YOU WANT TAKE OVER TENANTS,POSSESSION CAN BE ANY TIME. . SHOWINGS 4 TO 8 PM EXCEPT SUNDAY WITH 24 HOURS NOTICE. More detailsListed by Royal LePage METRO- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
-
171 TARAWOOD Road NE in Calgary: Taradale Detached for sale : MLS®# A2265308
171 TARAWOOD Road NE Calgary T3J 5G4
$520,000Residential- Status:
- Active
- MLS® Num:
- A2265308
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,352 sq. ft.
Welcome to 171 Tarawood Road NE, a bright and open-concept home offering over 1,350 sq. ft. above grade with a functional layout that feels spacious and inviting. The main floor features a generous living area, a modern kitchen with plenty of workspace, and a comfortable dining area—perfect for everyday living and entertaining. Upstairs, you’ll find three well-sized bedrooms including a large primary suite with its own ensuite bathroom. The fully illegal developed basement adds extra versatility with an additional bedroom, rec room, and a second kitchen. What truly sets this property apart is its prime location—just steps away from everything you need. Enjoy quick access to grocery stores, banks, restaurants, the CTrain station, and essential services such as the police and fire station. Complete with a detached double garage and situated in a convenient, family-friendly community, this home offers comfort, practicality, and unbeatable accessibility. More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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89 Covebrook Place NE in Calgary: Coventry Hills Detached for sale : MLS®# A2277168
89 Covebrook Place NE Calgary T3K 0C9
$520,000Residential- Status:
- Active
- MLS® Num:
- A2277168
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,324 sq. ft.
Welcome to this great starter home in a prime location, backing onto a park! This home features brand new luxury vinyl flooring, fresh paint throughout, and new window coverings, offering a modern and move-in-ready feel. The main floor boasts a bright corner living room with a cozy fireplace, a spacious kitchen with a large central island, walk-in pantry, generous breakfast nook, and convenient main-floor laundry. Upstairs, you’ll find three well-sized bedrooms, including a primary bedroom with a large walk-in closet, as well as a 4-piece bathroom. The fully developed basement offers a large family room and an additional room ideal for a home office or den. Enjoy outdoor living in the fully fenced and landscaped yard, complete with a large deck—perfect for relaxing or entertaining. Easy to show. Ideally located close to schools, shopping, transit, and everyday amenities. Great home. Great value. More detailsListed by First Place Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
-
78 Nolan Hill Heights NW in Calgary: Nolan Hill Row/Townhouse for sale : MLS®# A2276692
78 Nolan Hill Heights NW Calgary T3R 0S5
$520,000Residential- Status:
- Active
- MLS® Num:
- A2276692
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,731 sq. ft.
Welcome to this beautifully maintained, move-in-ready townhouse located in the sought-after community of Nolan Hill. Ideally positioned backing south onto a tranquil nature reserve with scenic ravine views, this home offers an exceptional blend of space, comfort, and convenience. With over 1700 sq ft of well-designed living space, the property features a double attached heated garage, air conditioning, three bedrooms, and two and a half baths, making it an ideal choice for today’s modern lifestyle. The inviting front entry opens to a spacious and flexible main-floor family room that easily adapts to your lifestyle. Whether used as a family room, home office, study, playroom, or fitness space, it enjoys sunny south-facing windows and walk-out access to a private patio and green space beyond. Upstairs, the second level impresses with 9-foot ceilings and an open-concept layout ideal for both entertaining and daily living. Wide-plank laminate flooring flows throughout, while the gourmet kitchen shines with stainless steel appliances, generous cabinetry, granite countertops, and a large centre island perfect for meals and gatherings. A roomy dining area connects seamlessly to the bright and airy living room, complete with large windows and a cozy wall-mounted gas fireplace. Step out through the patio door to the sun-soaked south-facing balcony with a gas BBQ line and beautiful ravine views. This level also includes a convenient 2-piece bath and additional storage. The upper level offers 3 well-sized bedrooms, including a comfortable primary retreat with a walk-in closet and private 3-piece ensuite. A 4-piece main bath and upstairs laundry complete this level, making everyday routines effortless. Additional highlights include noise-cancelling exterior walls and a prime location within the complex facing a green space and shared with only three adjoining units, creating a quiet and private setting. The pet-friendly complex allows pets with board approval. A newly announced K-4 school adds even more appeal to the community. Recent exterior updates include brand new shingles throughout, along with partial replacement of siding, eaves, downspouts, and fascia where hail damage was present. Enjoy a superb location within walking distance to the Gates of Nolan Hill shopping plaza, minutes to Sage Hill Crossing and Beacon Hill Shopping Centre, close to area schools, and offering quick access to Shaganappi, Sarcee, and Stoney Trail. Miles of pathways and park space are right outside your door. This is maintenance-free living at its best. Book your private showing today! More detailsListed by Royal LePage Benchmark- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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810 3130 66 Avenue SW in Calgary: Lakeview Row/Townhouse for sale : MLS®# A2279713
810 3130 66 Avenue SW Calgary T3E 5K3
$520,000Residential- Status:
- Active
- MLS® Num:
- A2279713
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,860 sq. ft.
Where Community, Luxury & Value Meet in Lakeview. Discover this spacious 1900 sq ft townhome in highly sought-after Lakeview Green Phase 1, perfectly positioned in a quiet location backing onto a treed green space. With 4 bedrooms, 2.5 bathrooms, and a heated double attached garage, this rare offering delivers exceptional comfort and convenience. The upgraded kitchen features rich wood cabinetry, granite countertops, stone backsplash, stainless steel appliances, and real hardwood flooring. The open-concept main level includes a formal dining area that easily seats up to ten, flowing seamlessly to a private deck overlooking the green space—ideal for morning coffee or evening relaxation. The expansive living room offers abundant natural light and warm hardwood floors, creating an inviting space for entertaining. Upstairs, you’ll find four generously sized bedrooms, including a spacious primary suite, along with two full bathrooms—a layout seldom found in townhomes. Located steps from North Glenmore Park, top-rated schools, shopping, and the Weaselhead pathways, this home offers unmatched walkability. Enjoy a quick 12-minute commute to downtown and easy access to the Stoney Trail Ring Road. A true Lakeview gem—experience the lifestyle, space, and value this home offers. More detailsListed by RE/MAX Complete Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
-
317 18 Avenue NW in Calgary: Mount Pleasant Detached for sale : MLS®# A2283674
317 18 Avenue NW Calgary T2M 0T4
$520,000Residential- Status:
- Active
- MLS® Num:
- A2283674
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 557 sq. ft.
OPEN HOUSES THIS SATURDAY AND SUNDAY (FEB 7-8) FROM 12-2!!! Welcome to this gorgeous character home nestled in the highly sought-after neighborhood of Mount Pleasant. Bursting with charm and warmth, this inviting bungalow effortlessly blends vintage appeal with thoughtful modern upgrades. Step inside to discover 9-foot ceilings and stunning wide plank white oak hardwood floors, creating a light and airy atmosphere that complements the home’s original character. The main floor features a cozy one-bedroom, one-bathroom layout. The lovely front porch offers a serene space to unwind with a coffee or enjoy a quiet evening, while the large unfinished basement presents a blank canvas for your personal touch. The home has undergone numerous updates for peace of mind, including updated electrical and plumbing, new sewer and water mains (2019), a newer roof with architectural shingles (2019), a high-efficiency furnace (2020), and a new washer and dryer (2022). Located on an excellent, quiet street, this gem is just moments from schools, parks, shopping, and all the vibrant offerings of inner-city living. Whether you're a first-time buyer, investor, need an incredible Airbnb, or simply someone who appreciates character homes, this Mount Pleasant beauty is a rare opportunity you won’t want to miss. More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
-
322 Sage Hill Circle NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2248168
322 Sage Hill Circle NW Calgary T3R 1J1
$520,000Residential- Status:
- Active
- MLS® Num:
- A2248168
- Bedrooms:
- 4
- Bathrooms:
- 5
- Floor Area:
- 1,812 sq. ft.
4-levels, 4-bedrooms, 4.5-bathrooms. This townhome offers 1,812 sq. ft. of bright, contemporary living, providing ample space for everyone to spread out. Perfect for large families, home-office setups, or frequent guests, this home offers privacy on every level. A full-length driveway and tandem 2-car garage mean parking is never a problem. Step inside to 9’ ceilings, east-west windows, and a main floor that flows effortlessly from the open living room into the sleek modern kitchen and spacious dining area. The kitchen is a showstopper with 42” upper cabinets, stainless steel appliances, and a 10-foot island with a breakfast bar — ideal for entertaining. The third floor is your retreat, with a private master suite featuring its own balcony, walk-through closet, and 4-piece ensuite. A second bedroom, full bath, and laundry are also on this level.Upstairs on the fourth floor, two more bedrooms each have their own en-suites, including one with a private terrace and walk-in closet, a dream setup for older kids, extended family, or a work-from-home studio. Enjoy maintenance-free living with a durable, non-combustible exterior finished in acrylic stucco, steel siding, and stone. High-quality interiors feature LVP flooring, carpet, and thoughtful upgrades throughout. Move-in ready — book your private showing today and discover a home that truly grows with you. PLEASE BOOK YOUR PRIVATE SHOWING More detailsListed by RE/MAX House of Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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633 savanna Boulevard NE in Calgary: Saddle Ridge Row/Townhouse for sale : MLS®# A2280587
633 savanna Boulevard NE Calgary T3J 2K2
$520,000Residential- Status:
- Active
- MLS® Num:
- A2280587
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,674 sq. ft.
Step into this beautiful 1,675 sq. ft. end-unit townhome in the lively community of Savanna! Boasting 4 bedrooms and 2.5 bathrooms, the main floor features an open-concept layout, a modern kitchen with quartz countertops, and stainless steel appliances, perfect for cooking and entertaining. Upstairs, the primary suite offers a private 4-piece ensuite, accompanied by two additional spacious bedrooms. Step out onto your private balcony to enjoy some fresh air and relaxation. Conveniently located just steps from Savanna Plaza—home to Chai Bar, grocery stores, restaurants, registry services, as well as Gurdwara Sahib and Gobind Sarvar School—this townhome is ideal for first-time buyers or investors looking for a move-in-ready property. Schedule your private showing today! More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
-
230 Elgin Place SE in Calgary: McKenzie Towne Semi Detached (Half Duplex) for sale : MLS®# A2284891
230 Elgin Place SE Calgary T2Z 4V8
$520,000Residential- Status:
- Active
- MLS® Num:
- A2284891
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,116 sq. ft.
Experience small-town style living in McKenzie Towne. This two-level semi-detached home is located on a quiet cul-de-sac in the desirable Elgin Village area. The home has seen several updates, including freshly repainted interiors on both levels, updated baseboards and window casings, and new hardwood flooring and carpet. The kitchen features stainless steel appliances and connects to a bright dining area with pantry storage and direct access to the backyard. Step outside to a spacious 12' x 17' deck with pergola, creating a comfortable space for relaxing or entertaining. Enjoy those hot summer nights in the comforts of the central air conditioning that is included. The yard includes a greenhouse and raised garden boxes for those who enjoy gardening. The backyard is fully enclosed with vinyl fencing and offers access to an oversized double detached garage with a useful bump-out for additional storage or workspace, plus a poured concrete pad extending to the fence line. Upstairs you will find two generously sized primary bedrooms, each offering a layout that accommodates ensuite-style living. The basement is unfinished, providing an open canvas for future development to suit your needs. Additional features include shingles replaced approximately six years ago and the exterior of the home is enhanced with programmable Gemstone lighting. Located close to schools, playgrounds, shopping, and walking paths, this property offers convenient access to all the amenities that make McKenzie Towne a popular and family-friendly Calgary community. More detailsListed by Century 21 Foothills Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
-
1111 4270 Norford Avenue in Calgary: University District Apartment for sale : MLS®# A2275556
1111 4270 Norford Avenue Calgary T3B 6P8
$520,000Residential- Status:
- Active
- MLS® Num:
- A2275556
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 767 sq. ft.
Welcome to The ORO, in Dean's Landing that redefines modern living. This brand-new, never-occupied residence features 824 sq ft of thoughtfully designed space, boasting lofty 9' to 10' ceilings and an abundance of natural light from large windows. Step outside to your own private 248 sq ft balcony, perfect for hosting summer barbecues or enjoying a serene morning coffee. The chef-inspired kitchen offers ample countertops and a dedicated pantry, while the spacious bedroom accommodates a queen-size bed with ease, complemented by a large closet. Convenience is key with in-suite laundry facilities discreetly placed away from the living areas. The unit includes a titled parking stall, and the building is secured with heated underground parking, bicycle storage, and an electric charging stations. Nestled in Rohit's Deans Landing., The unit is just moments away from shopping and dining in the award-winning University District, as well as the University of Calgary, Market Mall, Children’s and Foothills Hospitals. Enjoy nearby parks, scenic pathways, schools, and recreation centers, making this the perfect home for students, professionals, and families alike. Experience the ultimate blend of style, comfort, and convenience in University District —your new place to call home awaits! Book to view! More detailsListed by Houseeo Realty Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
Data was last updated March 12, 2026 at 02:05 PM (UTC)
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