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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
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Townhouses near University of Calgary
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74 Carleton Place W: Lethbridge Semi Detached (Half Duplex) for sale : MLS®# A2235234
74 Carleton Place W Lethbridge Lethbridge T1K 3X6 $198,000Residential- Status:
- Active
- MLS® Num:
- A2235234
- Bedrooms:
- 4
- Bathrooms:
- 1
- Floor Area:
- 709 sq. ft.66 m2
Opportunity knocks. Backing on to a park, and steps away from the university. This half duplex needs work, but the location cannot be beat. Contact your REALTOR® to view today. More detailsListed by Lethbridge Real Estate.com- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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78 5 Acadia Road W: Lethbridge Row/Townhouse for sale : MLS®# A2247481
78 5 Acadia Road W Lethbridge Lethbridge T1K 4C1 $205,000Residential- Status:
- Active
- MLS® Num:
- A2247481
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 513 sq. ft.48 m2
Are you hunting for a hassle-free investment property or a cozy home for your university-bound kids? Discover Westridge Manor, Unit 78, at 5 Acadia Rd W—an unbeatable location right across from the University of Lethbridge! This attractive townhouse condo boasts a cleverly designed layout with roomy 2 bedrooms, a full 4-piece bathroom, and a laundry area conveniently located on the lower level. Head upstairs to enjoy a spacious living room, dining area, and an inviting kitchen, all bathed in natural light. All the appliances including dishwasher ready for you to move in! Best part? All the furniture comes with the condo. Plus, you can step out to your personal deck from the living room—a great spot for your morning coffee or evening relaxation. Forget about the worries of yard work and snow shoveling; the exterior maintenance is fully managed, allowing you to focus on what really matters. Don’t let this opportunity slip by! Reach out to your REALTOR® today to book your appointment! More detailsListed by RE/MAX REAL ESTATE - LETHBRIDGE- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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106 Columbia Place W: Lethbridge Semi Detached (Half Duplex) for sale : MLS®# A2240587
106 Columbia Place W Lethbridge Lethbridge T1K 3N9 $245,000Residential- Status:
- Active
- MLS® Num:
- A2240587
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 954 sq. ft.89 m2
Affordable Half Duplex in a Great Westside Location This five-level split half duplex is full of potential. Located in a quiet cul-de-sac just steps from the University of Lethbridge, this 3-bedroom, 2-bathroom home is ideal for someone looking to invest. The layout offers separation between living spaces, making it a great fit for families, students, or roommates. The home is currently tenant-occupied and does need some updates, which is reflected in the price. If you're handy or looking for a project with strong upside, this could be the one. Close to transit, parks, and shopping, this location continues to be one of Lethbridge’s most desirable rental zones. Interior photos are not available out of respect for the tenant's privacy. More detailsListed by HomeTime Property Services Ltd. o/a HomeTime- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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545 Columbia Boulevard W: Lethbridge Semi Detached (Half Duplex) for sale : MLS®# A2247258
545 Columbia Boulevard W Lethbridge Lethbridge T1K 5N4 $275,000Residential- Status:
- Active
- MLS® Num:
- A2247258
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 601 sq. ft.56 m2
Welcome to 545 Columbia Boulevard W, a well-kept home in a great West Lethbridge location. The main floor offers a bright, spacious living room, a kitchen with a comfortable dining area, and a 2-piece bathroom with laundry. Downstairs, you’ll find the primary bedroom, a second bedroom, a 4-piece bathroom, and a utility/storage room. The home was renovated 2 years ago. Outside, there is a private yard and two off-street parking stalls for added convenience. Close to the University, shopping, schools, parks, and public transit, plus no condo fees, this property is an excellent choice for students, first-time buyers, or investors seeking an income-generating opportunity. Please view the video walkthrough in the links tab or on YouTube by searching for the home address. More detailsListed by Royal Lepage South Country - Lethbridge- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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3 Mt Royal Place W: Lethbridge Semi Detached (Half Duplex) for sale : MLS®# A2230361
3 Mt Royal Place W Lethbridge Lethbridge T1K 4M9 $329,900Residential- Status:
- Active
- MLS® Num:
- A2230361
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 926 sq. ft.86 m2
Perfect for First-Time Buyers or Savvy Investors! Start your real estate journey or grow your portfolio with this versatile non conforming SUITED home on a large lot. Whether you choose to live upstairs and rent the lower suite (or vice versa), this property offers flexibility and income potential from day one. The upper level features 2 comfortable bedrooms, a full 4-piece bath, a bright kitchen, a spacious dining area, and a generous living room. The lower level mirrors the functionality with 2 more bedrooms, another 4-piece bath, a nice size kitchen & dining spaces, and a roomy living area—perfect for extended family, tenants, or guests. Outside, the large lot gives you options—build a garage for extra storage or create another rental stream (buyer to confirm with City of Lethbridge). This is a quality-built home that’s ready for you to move in, rent out, or both. Don’t miss this opportunity to create equity and cash flow in one smart purchase! More detailsListed by Century 21 Foothills South Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2401 3500 Varsity Drive in Calgary: Varsity Row/Townhouse for sale : MLS®# A2236139
2401 3500 Varsity Drive Varsity Calgary T2L 1Y3 $349,900Residential- Status:
- Active
- MLS® Num:
- A2236139
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 1,081 sq. ft.100 m2
Priced under assessment. Bike score 81, transit score 69, walk score 65. Unit #2401 in McLaurin Village. A two storey, end unit spacious and bright townhome in Varsity is conveniently located near the U of C, transit, hospitals, and shopping centers. An Excellent investment property, a starter home, or downsize, this one is very versatile! Step inside the front entry and head upstairs to the main floor. Spacious, bright, and open, this space is perfect for entertaining family and friends. A corner fireplace creates a cozy setting with an adjacent balcony with sliding doors. The kitchen has been updated with white cabinets, backsplash, vinyl flooring. Newer appliances. Further into the kitchen is a convenient laundry/storage room. Head upstairs to the top level which offers a large primary bedroom, private upper floor Balcony, and a lot of closet space for storage. Second bed Bedroom and a 4-piece bath complete the top level. The property has a newer hot water tank and A/C. A green space surrounding the complex offers plenty of room to enjoy the outdoors. Landscaping and snow removal are done by the condo management. Low condo fee. Pets are allowed and welcomed with board approval. Dont miss out, call your favorite realtor today. More detailsListed by First Place Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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16 5315 53 Avenue NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2248250
16 5315 53 Avenue NW Varsity Calgary T3A 2E7 $400,000Residential- Status:
- Active
- MLS® Num:
- A2248250
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 960 sq. ft.89 m2
* OPEN HOUSE SAT, AUG 16TH 12-2 PM * BEST VALUE UNDER $400,000 l CORNER UNIT l KITCHEN & WASHROOMS RECENTLY UPDATED l Welcome to Varsity Estates Villas – A beautifully updated townhome in one of Calgary’s most coveted communities! This spacious home offers over 1,400 sq ft of total living space with 2 large bedrooms, 1.5 bathrooms, and a fully developed basement. The main floor features a bright, & white, renovated kitchen with butcher block countertops and stainless steel appliances, a cozy living room with a wood burning fireplace, and a stylishly updated half bath. Upstairs you'll find two generous bedrooms with charming wainscoting and a recently refreshed full bathroom. Downstairs, the finished basement provides a versatile space for a home office, gym, or family room. Enjoy your private west facing patio, backing onto a green space with mature trees and a nearby playground, perfect for relaxing or entertaining. Located just minutes from the University of Calgary, Foothills & Children’s Hospitals, Dalhousie LRT, and Market Mall, with easy access to parks, bike trails, and more. Don’t miss this fantastic opportunity - Book your showing today! More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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53 Lafayette Boulevard W: Lethbridge Semi Detached (Half Duplex) for sale : MLS®# A2234714
53 Lafayette Boulevard W Lethbridge Lethbridge T1K 3Y4 $419,900Residential- Status:
- Active
- MLS® Num:
- A2234714
- Bedrooms:
- 6
- Bathrooms:
- 3
- Floor Area:
- 1,335 sq. ft.124 m2
Welcome to this fantastic half duplex property offering amazing revenue in an ideal location! This illegally suited property offers many options, rent the entire space or live in part, great potential to help pay your mortgage—live in the spacious top suite and rent out the bottom. Located within walking distance to the University of Lethbridge and close to a variety of amenities, it’s perfect for tenants seeking convenience. The owner has maintained the property over the years and recently installed a new furnace , air conditioning and painted home.. Additional upgrades include newly poured concrete pads in both the front and back, providing ample off-street parking for tenants. With a total of six bedrooms and three bathrooms, plus a newer fence for added privacy, this duplex is an excellent investment opportunity! Call your REALTOR® today to book a viewing. More detailsListed by RE/MAX FIRST- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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312 4270 Norford Avenue NW in Calgary: University District Row/Townhouse for sale : MLS®# A2248939
312 4270 Norford Avenue NW University District Calgary T3B 6P8 $424,800Residential- Status:
- Active
- MLS® Num:
- A2248939
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 622 sq. ft.58 m2
Welcome to this Brand NEW, 2-bedroom townhome in the vibrant and walkable University District. This south-facing home is filled with natural light and showcases a sleek, modern design. From the moment you step inside, you are greeted by luxurious vinyl plank flooring that flows gracefully throughout the main level. The kitchen features quartz countertops with a waterfall edge and stainless steel appliances, contributing to the home’s clean, contemporary aesthetic. The spacious primary bedroom, a second bedroom, and a 4-piece bath complete this functional floor plan. For added convenience, the unit includes one titled, secure underground parking space. Perfectly situated, the community is just a short walk to Alberta Children’s Hospital, Foothills Medical Centre, and the University of Calgary. You’ll also enjoy immediate access to essential amenities such as grocery stores, restaurants, Market Mall, and excellent transit connections. With quick access to downtown and the mountains, this townhouse is an outstanding opportunity for healthcare professionals, students, or savvy investors seeking lifestyle and location in one of Calgary’s most desirable new neighbourhoods. Book your private showing today! More detailsListed by Grand Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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16 803 Varsity Estates Drive NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2236506
16 803 Varsity Estates Drive NW Varsity Calgary T3A 6A4 $459,900Residential- Status:
- Active
- MLS® Num:
- A2236506
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,161 sq. ft.108 m2
Open House Sat Aug 2 from 2-4pm. Experience the best of Varsity Estates living in this pristine 3-bedroom townhouse backing onto mature trees and a green space. Located in one of the area's most affordable complexes, this property offers incredible value. Solid owner management has made a remarkably low condo fee of just $200 per month possible. Units within this complex very rarely come on the market. This home shines with a bright, spacious layout, including a generous living room with oversized windows and a cosy wood-burning fireplace. The updated kitchen is equipped with newer upgraded appliances and countertops, a dedicated eating area, and ample cabinetry. Conveniently located off the kitchen is a 2-piece bathroom. The attached garage leads into a private foyer (perfect for coats and shoes) before you enter the main house. The upper level boasts three comfortable bedrooms, one of which offers direct access to a private rooftop deck—an ideal space for catching some sun. A fully renovated 4-piece bathroom, featuring a new tub, flooring, countertops, and toilet, provides a modern touch. Significant investments have been made, a high-efficiency furnace, hot water tank, select windows, LiftMaster garage opener, upgraded countertops throughout, and fresh paint. The unfinished basement offers a blank canvas for your future development dreams. The location is truly exceptional. Enjoy a quick five-minute walk to the Dalhousie LRT Station and easy access to Market Mall, Foothills Hospital, Children's Hospital, Safeway, University of Calgary, and popular coffee shops. Explore walking and biking paths right outside your door, and benefit from numerous shopping centres within a few minutes drive. This is a quiet, established complex offering unparalleled convenience. Zoned M-C1, this property also presents excellent potential for future redevelopment. Don't miss this opportunity to own an upgraded home with both immediate comfort and long-term value. More detailsListed by RE/MAX Complete Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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10 803 Varsity Estates Drive NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2249058
10 803 Varsity Estates Drive NW Varsity Calgary T3B 4W5 OPEN HOUSE: Aug 17, 202501:00 PM - 03:00 PM MDTOpen House on Sunday, August 17, 2025 1:00PM - 3:00PM$489,900Residential- Status:
- Active
- MLS® Num:
- A2249058
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,194 sq. ft.111 m2
~OPEN HOUSE On Sunday, August 17, from 1-3 pm!~ Live in one of Calgary’s most sought-after NW communities! This bright 4-bedroom Varsity Estates townhouse shows pride of ownership and offers a rare mix of a HUGE GREEN SPACE at the back, walkability, and affordability. Step from your WEST-FACING DECK directly onto a WIDE OPEN FIELD (soccer and baseball fields and Bennu Playground), or enjoy the east-facing PRIVATE ROOFTOP PATIO just above the garage, perfect for a restful morning coffee or winding down for the night. On the main level, you’ll find beautiful HARDWOOD FLOORS, GRANITE KITCHEN COUNTERTOPS, UPDATED CABINETRY, a powder room, a spacious living room with a COZY GAS FIREPLACE and a great view of the backyard. Upstairs includes a spacious Primary Bedroom with a wide closet, a private vanity sink, plus a cheater door to the full 4-piece bathroom. The other 2 good-sized bedrooms with modern light fixtures, plus the rooftop patio accessible from the 2nd bedroom, complete the upper level. The partially finished basement with a recreation room, the 4th BEDROOM and a FULL ENSUITE 3-piece BATHROOM adds flexible space for work or hosting guests. The SINGLE ATTACHED GARAGE keeps your car safe from the weather. All this is available to you with LOW CONDO FEES of just $200/month! Plus, you’re minutes to the University of Calgary, Foothills Hospital, Arthur Child Cancer Centre, Dalhousie LRT Station, shops, cafes, malls, parks, and schools, a smart first home or investment in a location that truly delivers. Book a showing with your favourite Realtor® today! More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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41 3302 50 Street NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2226849
41 3302 50 Street NW Varsity Calgary T3A 2C6 $509,500Residential- Status:
- Active
- MLS® Num:
- A2226849
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,485 sq. ft.138 m2
This Townhouse is in great condition numerous up-grades in the past 2 years. New flooring, New Furnace and Hot Water Tank Developed Lower Level.New High-End toilets through out. Changed the en-suite bath from a 2 pec to a 3 pec with a good size shower.Wood burning Fire Place in the East facing Living & Dinning Room Combo with a Balcony.Large Kitchen and eating area facing west to an enclosed deck and patio.Very private for the Family Bar B Qs. Location,Location Across from Market Mall and close to All Levels of Schools including walking distance to the University and the LRT. RMS Package, Virtual Tour More detailsListed by G.M. Bain Real Estate Services Ltd.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email