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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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HOMES FOR SALE IN RED DEER UNDER $300,000
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103 5502 58A Street: Red Deer Apartment for sale : MLS®# A2229717
103 5502 58A Street Red Deer Red Deer T4N 2M3 $89,900Residential- Status:
- Active
- MLS® Num:
- A2229717
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 677 sq. ft.63 m2
ATTN INVESTORS, FIRST TIME BUYERS & DOWNSIZERS! REALLY CUTE & AFFORDABLE 1 BED, 1 BATH CONDO ACROSS FROM A GREEN SPACE -A MUST SEE & MOVE IN READY! ! Enjoy comfort, convenience, and a prime location with this well-appointed 1 bed, 1 bath condo perfectly situated right across from a peaceful green space. Step inside to find a spacious living room, a functional kitchen with adjoining dining area, a full 4-piece bathroom, and a generously sized bedroom. There's even a dedicated storage space for your added convenience. Just across the hall, you'll find a laundry room, and your own assigned parking stall is included. The affordable condo fee of $467.64/month covers heat, water, sewer, grounds maintenance, and professional management—making budgeting a breeze! Pet lovers will appreciate that pets are welcome (with some restrictions). Located close to schools, shopping, scenic parks, and walking trails, this really nice condo offers the perfect balance of lifestyle and location. Whether you're a first-time buyer, downsizer, or investor, this condo is ready for your personal touch and immediate enjoyment & possession. Don’t miss this opportunity to own an affordable home in a great community—book your showing today! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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#301 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2218738
#301 4820 47 Avenue Red Deer Red Deer T4N 6B9 $89,900Residential- Status:
- Active
- MLS® Num:
- A2218738
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 489 sq. ft.45 m2
Cozy & Convenient Living in Downtown! Welcome to this charming 1-bedroom, 1-bathroom apartment ideally located across from Red Deer's beautiful trail system and just steps from Red Deer’s vibrant downtown core. Enjoy the comfort of an open layout featuring a large entryway, generous living room, and good sized bedroom. The functional galley-style kitchen and full 4-piece bathroom offer everything you need in a compact and efficient design. With all utilities included in the condo fees, worry-free living is part of the package. Laundry facilities are conveniently located on the same floor, and an on-site property manager adds to the security and ease of ownership. Whether you're a first-time buyer, downsizing, or investing, this is an excellent opportunity to own a home in a central location close to parks, shopping, dining, and transit. More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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310 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2219400
310 4820 47 Avenue Red Deer Red Deer T4N 6B9 $95,000Residential- Status:
- Active
- MLS® Num:
- A2219400
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 482 sq. ft.45 m2
Welcome to #310, 4820 47 Avenue, a well-maintained one-bedroom, one-bathroom condo ideally situated in the heart of Red Deer. This prime downtown location offers easy access to the city’s best amenities, including the vibrant downtown core, shopping, dining, medical services, the Golden Circle, the Farmers Market, and the beautiful nearby trail system. Inside, the unit features a spacious, open layout with a bright and inviting living room, a functional galley-style kitchen with ample counter space and modern appliances, a good-sized bedroom, and a full four-piece bathroom. All utilities are included in the condo fees, offering convenient and worry-free living. Additional highlights include laundry facilities located on the same floor, an on-site property manager for added security, and assigned parking for your vehicle. This condo is an excellent choice for first-time buyers, downsizers, or investors looking for a centrally located property with great rental potential and desirable features. More detailsListed by Century 21 Advantage- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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304 4904 54 Street: Red Deer Apartment for sale : MLS®# A2230794
304 4904 54 Street Red Deer Red Deer T4N 2G8 $119,900Residential- Status:
- Active
- MLS® Num:
- A2230794
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 819 sq. ft.76 m2
Ready for a quick possession, this updated two bedroom condo is ideal for an investment or personal holding property. Have a positive cash flow with next to zero maintenance involved or enjoy your own care free lifestyle to come and go. All newer vinyl flooring has been installed for ease of care and durability. Entire unit has recently seen a fresh coat of paint to brighten things up. The spacious living and dining combo are open and full of natural light. Nice galley kitchen with a good amount of cupboard and counter space plus includes fridge & stove. The four piece bath has been redone with all new tile surround, paint and fixtures as well. Two excellent size bedrooms even offer ample closet space for your furnishings. In-suite laundry is an added bonus with the low voltage combo washer/dryer. One assigned parking stall to the unit which also is powered. Nice front entrance into building with security door intercom. Close to numerous amenities you are only a short walk to shopping, groceries, dining and entertainment. Investment or ownership the choice is yours. More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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401 4700 55 Street: Red Deer Apartment for sale : MLS®# A2208591
401 4700 55 Street Red Deer Red Deer T4N 2H8 $119,950Residential- Status:
- Active
- MLS® Num:
- A2208591
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 840 sq. ft.78 m2
This well-maintained condo features 2 spacious bedrooms, updated tile and vinyl flooring, and the added privacy of an end unit. Large windows fill the home with natural light, creating a warm and inviting atmosphere. The kitchen is well-equipped with a fridge, stove, dishwasher, and ample cupboard and counter space—perfect for everyday living. Enjoy a large balcony, in-suite storage and assigned parking for your convenience. Ideal for first-time buyers, investors, or those looking to downsize. More detailsListed by Maxwell Real Estate Solutions Ltd.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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306 4811 55 Street: Red Deer Apartment for sale : MLS®# A2232532
306 4811 55 Street Red Deer Red Deer T4N 2J2 $125,000Residential- Status:
- Active
- MLS® Num:
- A2232532
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 746 sq. ft.69 m2
Welcome home to this fully renovated and beautifully updated two bedroom apartment is a great downtown location close to amenities. With the new seamless vinyl plank floors, new paint on every wall, brand new kitchen and new bathroom tiles this one is ready for its new owners. Whether downsizing, starting out or wanting an investment property, then this one is for you!! More detailsListed by Royal LePage Network Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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354 103 Hermary Street: Red Deer Apartment for sale : MLS®# A2232911
354 103 Hermary Street Red Deer Red Deer T4N 6G2 $135,000Residential- Status:
- Active
- MLS® Num:
- A2232911
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 799 sq. ft.74 m2
Exceptional value on the top floor of a well-managed building in Red Deer! This spacious 2 bedroom, 1 bathroom condo offers 799 sq ft of bright, functional living space—perfect for first-time buyers, investors, or anyone seeking affordable home ownership. Enjoy a large living area with access to a private balcony, a clean and practical kitchen layout, and two generously sized bedrooms with great natural light. This unit also includes an assigned parking stall, making day-to-day living easy and convenient. Located just minutes from schools, parks, public transit, and shopping, this property provides unbeatable accessibility and lifestyle value. Move in or rent out with ease! More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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256 103 Hermary Street: Red Deer Apartment for sale : MLS®# A2229907
256 103 Hermary Street Red Deer Red Deer T4N 6G2 $139,900Residential- Status:
- Active
- MLS® Num:
- A2229907
- Bedrooms:
- 1
- Bathrooms:
- 2
- Floor Area:
- 689 sq. ft.64 m2
This is a great condo, is well maintained and offers affordable living. It’s in great condition and is move-in ready! It's perfect for a young couple, a couple friends, perfect for a downsize, or would make a great investment as a rental property. Walk into the spacious entry and into the nice kitchen area with plenty of cabinets and counter space that is open to the dining and living area which makes this space a great space to entertain friends or spend time with the family. There is an electric fireplace in the living room. Also, on the main floor there is a powder room that has extra cabinets for storage and behind the cabinets, there is laundry hookup. Then to the upper level enjoy an extra-large bedroom, this would easily have room for two beds, you could put a divider between the two for privacy and there is a nice four-piece ensuite with a closet. The property comes with all the furniture in it. There is an assigned parking stall with a plug in (stall #27 - by the visitor parking - 2nd one on the far side). There is a laundry room on each floor that is card operated. Some recent updates (all done approximately five years ago) and include additional cabinets added above the stove and in powder room on the main floor, repainted, some new laminate flooring, new lighting fixtures on main floor and electric fireplace. No Pets Allowed. More detailsListed by Royal Lepage Network Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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201 5326 47 Avenue: Red Deer Apartment for sale : MLS®# A2239153
201 5326 47 Avenue Red Deer Red Deer T4N 3R2 $139,900Residential- Status:
- Active
- MLS® Num:
- A2239153
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 786 sq. ft.73 m2
This inviting two-bedroom, one-bath condo offers comfortable, low-maintenance living just steps from all downtown amenities - shopping, transit, and the scenic Waskasoo Creek pathways are all within easy reach. You’ll appreciate the pride of ownership here! The unit is spotless and exceptionally well cared for. Enjoy the warmth and charm of the corner gas fireplace, easy-to-maintain laminate and tile flooring, and a practical galley kitchen with crisp white cabinetry, plenty of cupboard space, and newer appliances. The living room opens onto a sunny west-facing deck on the quiet side of the building - perfect for relaxing at the end of the day. Both bedrooms are also tucked away on the "quiet side" for added peace and privacy. There’s in-suite storage, plus a separate storage locker (“B”). The secure, assigned parking stall (B-6) is ideally located within the secure underground parking and elevator access for added ease. The building itself is well maintained and attractively landscaped - truly a pleasure to show. More detailsListed by Coldwell Banker OnTrack Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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105 27 Bennett Street: Red Deer Apartment for sale : MLS®# A2242866
105 27 Bennett Street Red Deer Red Deer T4R 1V3 $139,900Residential- Status:
- Active
- MLS® Num:
- A2242866
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 611 sq. ft.57 m2
LOCATION, LIGHT & VALUE! This bright and spacious 1 bedroom unit is perfectly situated in the friendly, walkable neighborhood of Bower—right across from Bower Mall and close to transit, parks, and restaurants. Located in a well-maintained building with low condo fees, this home offers great value for first-time buyers, downsizers, or investors. Enjoy a large sun-filled living room, functional galley kitchen with adjoining dinette, full 4-piece bathroom, and a large primary bedroom. You’ll also appreciate the in-suite storage room and the expansive north walk out patio—perfect for quiet mornings or evening shade. Affordable, updated, and move-in ready—this one is worth a look! More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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202 54 Bell Street: Red Deer Apartment for sale : MLS®# A2221329
202 54 Bell Street Red Deer Red Deer T4N 6S5 $140,000Residential- Status:
- Active
- MLS® Num:
- A2221329
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 742 sq. ft.69 m2
2nd floor corner unit in the upgraded complex of Bell Manor, located conveniently close to Bower Mall. Exterior features new siding, windows & doors. There is a sliding glass door to a large west facing deck, shaded by a large spruce tree. In suite laundry. Lots of off street parking for owners and guests. More detailsListed by Century 21 Advantage- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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13 7 Stanton Street: Red Deer Row/Townhouse for sale : MLS®# A2227546
13 7 Stanton Street Red Deer Red Deer T4N 0B9 $149,900Residential- Status:
- Active
- MLS® Num:
- A2227546
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 922 sq. ft.86 m2
Welcome to a sunny sanctuary in the heart of Sunnybrook! Nestled in a serene, mature neighborhood, this delightful condo offers the perfect blend of comfort, convenience, and charm. Whether you're an outdoor enthusiast or someone seeking a peaceful abode, this property has something special for you. Situated close to walking trails, bike paths, parks, schools, and shopping, this home is a gateway to both nature and urban conveniences. Enjoy leisurely strolls among the verdant landscapes or take advantage of nearby facilities for everyday needs. The area caters to diverse lifestyles, blending tranquility with accessibility. Step into a cheerful living space where natural light streams through large windows, creating an uplifting ambiance. The open and cozy floor plan is designed for both relaxation and practicality, making it ideal for comfortable living. • Primary Bedroom: Includes a spacious walk-in closet to meet all your storage needs. Enjoy the convenience of an in-suite laundry setup, enhancing the ease of daily routines. Start your mornings with a cup of coffee as you soak in the early sunlight on the East-facing balcony. Space for all your belongings, with options for both interior and exterior storage. Exciting updates are on the horizon for this complex! Beginning in August 2025, renovations will refresh the exterior, giving the community a brand-new look. This upcoming enhancement is sure to add value and aesthetic appeal. Pets are welcome, subject to board approval, With a long-term tenant of 10 years showing interest in staying, this property also presents an excellent opportunity for investors seeking stable rental income. More detailsListed by Royal LePage Lifestyles Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email