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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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Browse the Latest Cochrane New Listings Updated in the Last 24 Hours
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2214 505 Railway Street W: Cochrane Apartment for sale : MLS®# A2239763
2214 505 Railway Street W Cochrane Cochrane T4C 2K9 $315,000Residential- Status:
- Active
- MLS® Num:
- A2239763
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 887 sq. ft.82 m2
Click brochure link for more details. Bright and spacious condo conveniently located in the heart of Cochrane close to many amenities. This clean 2 bedroom corner unit offers lots of space and a great layout. Generous sized kitchen with plenty of storage and breakfast bar overlooking a dining area and spacious living room. The bathroom has a fresh tub surround and floor tile, and a door into the master as well as the hallway. Updated carpet in living room and bedrooms makes this unit move in ready. In suite laundry with washer and dryer. Large (12 x 7) south facing balcony with plenty of sunlight and private facing. Room for a BBQ and table and chairs. Master has an east facing window and double closets. This professionally managed, well maintained building is in walking distance to the library, grocery stores, restaurants, coffee shops, medical facilities, fitness centers, bowling and the movies. More detailsListed by Honestdoor Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1206 505 Railway Street W: Cochrane Apartment for sale : MLS®# A2243792
1206 505 Railway Street W Cochrane Cochrane T4C 2K9 OPEN HOUSE: Aug 09, 202511:00 AM - 01:00 PM MDTOpen House on Saturday, August 9, 2025 11:00AM - 1:00PM$321,500Residential- Status:
- Active
- MLS® Num:
- A2243792
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 842 sq. ft.78 m2
Welcome to this beautiful two-bedroom, two-bathroom condo in the heart of downtown Cochrane! With newer carpet and paint throughout, this home is move-in ready and offers a warm and welcoming layout. The open-concept living, dining, and kitchen space is perfect for everyday living and entertaining. Bedrooms are thoughtfully positioned on opposite sides of the unit, offering great privacy for roommates or guests. The spacious primary suite features a walk-through closet and a private four-piece ensuite, while the second bedroom is just steps from another full bathroom. Step outside to enjoy your morning coffee or unwind in the evening on the large, covered balcony. You'll also appreciate the TITLED underground parking stall, especially during those colder months. Just steps to shopping, dining, transit, library, and all of the downtown amenities—this location perfect for convenience. Reach out today to your favourite real estate agent to schedule your private viewing! More detailsListed by Royal LePage Benchmark- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2414 505 Railway Street W: Cochrane Apartment for sale : MLS®# A2242992
2414 505 Railway Street W Cochrane Cochrane T4C 2K9 $330,000Residential- Status:
- Active
- MLS® Num:
- A2242992
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 878 sq. ft.82 m2
TOP FLOOR | CORNER UNIT | MOUNTAIN VIEWS Welcome to 2414, 505 Railway Street. This two bedroom, TOP floor, CORNER unit is looking for a new owner. Featuring granite counters, a breakfast bar, stainless steel kitchen applainces (Stove and fridge new), stacked laundry, a gas corner fireplace, and a view of the mountains from your balcony. Close to many shopping amenities, the Cochrane Library, transit hub, Cochrane Movie House and so much more! Take a look for yourself and discover why this condo may be perfect for you. Carpets and unit were professionally cleaned. More detailsListed by First Place Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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17 41 Glenbrook Crescent: Cochrane Row/Townhouse for sale : MLS®# A2241375
17 41 Glenbrook Crescent Cochrane Cochrane T4C 1E9 $367,900Residential- Status:
- Active
- MLS® Num:
- A2241375
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,126 sq. ft.105 m2
DON’T MISS OUT on this incredible opportunity to own a BEAUTIFUL TWO-STOREY TOWNHOME nestled beside the BREATHTAKING NATURAL BEAUTY of Big Hill Creek Ravine in the heart of Cochrane! This charming, well-managed complex is located, within WALKING DISTANCE to SCHOOLS, MAJOR SHOPPING CENTRES, PARKS, SCENIC WALKING TRAILS, and the famous MCKAY’S ICE CREAM. You’re also just minutes from downtown Cochrane, WITH NEARLY EVERYTHING WITHIN A 13-MINUTE WALK—a truly unbeatable location for lifestyle and convenience. BOASTING ALMOST 1,600 SQ FT OF DEVELOPED LIVING SPACE, this thoughtfully designed home offers 3 BEDROOMS, 1 FULL BATHROOM, 2 HALF BATHROOMS, AND A BONUS LOFT that can easily be transformed into a HOME OFFICE, READING NOOK, or an additional bedroom. The SINGLE ATTACHED GARAGE and extra PARKING PAD offer room for two vehicles, plus there's a convenient outdoor storage room right by the entrance! Step inside to discover a bright main floor featuring an open-concept kitchen and dining area with ample white cabinetry, blending seamlessly with A SPACIOUS LIVING ROOM complete with a wood-burning fireplace, vaulted ceilings, and large windows that bathe the space in natural light. A deck door leads to your private backyard patio—perfect for BBQs, Morning Coffee, playtime, or unwinding after a long day. Upstairs, you’ll find TWO LARGE BEDROOMS, a FULL BATHROOM, A BONUS LOFT, and the CONVENIENCE OF UPSTAIRS LAUNDRY, all designed for comfort and functionality. The FULLY FINISHED BASEMENT includes a third bedroom, a bright and cozy family room, a half bath, and a flex room ideal for guests, hobbies, or a home gym. Whether you’re a first-time buyer, a growing family, or looking to downsize without compromising location or space—this is the perfect home that offers the lifestyle you truly deserve. Call today More detailsListed by RE/MAX House of Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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103 24 Rivercrest Drive: Cochrane Row/Townhouse for sale : MLS®# A2242550
103 24 Rivercrest Drive Cochrane Cochrane T4C 2C5 $389,000Residential- Status:
- Active
- MLS® Num:
- A2242550
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,285 sq. ft.119 m2
Experience the best of modern living in this practically new Cochrane townhome. Start your day with coffee or unwind in the evening on your oversized balcony, enjoying a pleasant west facing backdrop and directly across from the future Rivercrest School! Inside, discover a bright, open-concept haven designed for both entertaining and everyday comfort. The kitchen is the heart of the home, featuring a sprawling white quartz island perfect for casual meals or lively gatherings. You'll love the sleek two-tone cabinetry with soft-close drawers, a full GE stainless steel appliance package, ample cabinet space, and a pantry, all illuminated by stylish pendant lighting. Large windows on both sides of the unit flood the space with natural light, highlighting the durable vinyl plank floors and soaring, knock-down textured ceilings. Pull-down window coverings offer privacy and shade when desired, while the adjacent living room provides a natural gathering spot. This meticulously designed townhome offers two spacious bedrooms, 1.5 baths, and a versatile flex space on the main level—perfect for a home office, guest room, or creative studio. The primary suite on the third level boasts dual closets for ample storage and large windows. This level also features a convenient laundry area and a full 4-piece bath. Convenience is paramount with the oversized, fully insulated single-car garage, a true game-changer with dual access (doors on both sides of the unit). Whether you're storing outdoor gear or setting up a workshop, this space offers flexibility. Location is key! Nestled in a fantastic complex, you're just steps from shopping, scenic pathways, and the tranquil Bow River. Bow Valley High School is close by, with a future school site conveniently located next door, and local transit is mere steps away. Enjoy quick access to Calgary for work or entertainment and the majestic mountains for weekend adventures. This isn't just a property; it's a lifestyle—a perfect blend of modern comfort, convenience, and a great location. More detailsListed by Royal LePage Benchmark- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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202 24 Rivercrest Drive: Cochrane Row/Townhouse for sale : MLS®# A2240842
202 24 Rivercrest Drive Cochrane Cochrane T4C 2V2 $410,000Residential- Status:
- Active
- MLS® Num:
- A2240842
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,410 sq. ft.131 m2
Discover the charm of contemporary living in this thoughtfully designed townhome. Filled with natural light from ample windows, the open-concept layout spans three inviting levels and offers beautiful mountain views. The stylish kitchen includes sophisticated fawn and white cabinetry, quartz counters, a generous island, and stainless steel appliances. Offering 2 bedrooms, 2.5 baths, and a cheerful, versatile den, this home provides flexible living spaces. The primary bedroom boasts ample storage and direct access to the main bath featuring a luxurious deep soaker tub/shower combo. A convenient half bath on the main level enhances functionality. Features include vinyl plank floors, upper-level laundry, complete blinds, a single garage, and driveway plus street parking. Enjoy nearby pathways, local shopping, and convenient access to both Calgary and mountain adventures. More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1504 24 Rivercrest Drive: Cochrane Row/Townhouse for sale : MLS®# A2241036
1504 24 Rivercrest Drive Cochrane Cochrane T4C 2V2 $419,000Residential- Status:
- Active
- MLS® Num:
- A2241036
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,361 sq. ft.126 m2
Discover the charm of contemporary living in this thoughtfully designed townhome. Filled with natural light from ample windows, the open-concept layout spans three inviting levels and offers beautiful mountain views. The stylish kitchen includes sophisticated fawn and white cabinetry, quartz counters, a generous island, and stainless steel appliances. Offering 3 bedrooms, 2.5 baths, and a cheerful, versatile den, this home provides flexible living spaces. The primary bedroom boasts ample storage and direct access to the main bath featuring a luxurious deep soaker tub/shower combo. A convenient half bath on the main level enhances functionality. Features include vinyl plank floors, upper-level laundry, complete blinds, a single garage, and driveway plus street parking. Enjoy nearby pathways, local shopping, and convenient access to both Calgary and mountain adventures. More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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503 24 Rivercrest Drive: Cochrane Row/Townhouse for sale : MLS®# A2242537
503 24 Rivercrest Drive Cochrane Cochrane T4C 2C5 $419,000Residential- Status:
- Active
- MLS® Num:
- A2242537
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,422 sq. ft.132 m2
Step into this practically new townhome in Cochrane, designed for how you live today. It's truly a bright, open space, perfect for both entertaining and everyday comfort. The kitchen is the heart of this home. Imagine gathering around a sprawling, gleaming white quartz island—your go-to spot for everything from morning coffee to lively get-togethers. You'll appreciate the modern touch of sleek two-tone cabinetry with soft-close drawers, a full GE stainless steel appliance package, and ample storage, including a pantry. Stylish pendant lighting brightens the whole space. Large windows on both sides fill the home with natural light, highlighting the vinyl plank floors and elegant knock-down textured ceilings. Pull-down window coverings offer privacy when needed, and the living room flows naturally as a central gathering area. This thoughtfully designed townhome offers three spacious bedrooms, 2.5 well-appointed baths, and a versatile main-level flex space. It's perfect for a home office, a quiet study, or a creative studio—whatever suits your needs. The primary suite, located on the third level, is a true retreat with dual closets for ample storage and generous windows as well as a 3pc ensuite. This level also includes a convenient laundry area and a full 4-piece bath. A standout feature is the oversized, fully insulated single-car garage, a game-changer with its dual access (doors on both sides). This offers incredible flexibility, whether for parking, storing outdoor gear, or setting up a workshop. Location is key here. Nestled in a great complex, you're just steps from local shopping, scenic pathways, and the tranquil Bow River. Bow Valley High School is close by, a future school site is next door, and local transit is just steps away. Plus, you get quick access to Calgary for work or entertainment and the majestic mountains for weekend adventures are just 40 minutes away! More detailsListed by Royal LePage Benchmark- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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302 501 River Heights Drive: Cochrane Row/Townhouse for sale : MLS®# A2240713
302 501 River Heights Drive Cochrane Cochrane T4C 2L3 $424,900Residential- Status:
- Active
- MLS® Num:
- A2240713
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,501 sq. ft.139 m2
Welcome to your ideal home in the heart of River Heights—a vibrant, family-friendly community offering the perfect balance of nature, convenience, and comfort. This beautifully maintained and thoughtfully designed townhome boasts incredible views and a bright, functional layout that suits a wide range of lifestyles. Inside, you’ll find dual primary bedrooms, each with its own private ensuite, offering privacy and flexibility—perfect for families, roommates, or frequent guests. The entry-level office/den provides a dedicated space for working from home, studying, or creating your own quiet retreat. The main floor is open and airy, with a spacious living and dining area that flows seamlessly into the kitchen. Step outside onto your private balcony just off the kitchen to enjoy morning coffee with sunrise views or host a summer BBQ in the evening. Additional features include central air conditioning for year-round comfort, blackout blinds in both bedrooms for restful sleep, and an oversized single attached garage with plenty of room for parking, storage, or outdoor gear. Enjoy low-maintenance living with landscaping and snow removal included in your condo fees, giving you more time to explore everything this amazing area has to offer. Just steps from your door, you’ll find scenic walking paths, parks, schools, and the Spray Lakes Sawmills (SLS) Sports Centre. The community fire pit and garden offer welcoming spaces to meet your neighbours, relax outdoors, and enjoy the spirit of this tight-knit community. Located just minutes from Cochrane’s vibrant downtown, with quick access to Calgary and the Rocky Mountains, this home is the perfect blend of convenience and serenity. Don’t miss your second chance at this incredible home—book your private showing today! More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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504 24 Park Street: Cochrane Row/Townhouse for sale : MLS®# A2243107
504 24 Park Street Cochrane Cochrane T4C 3H3 $429,900Residential- Status:
- Active
- MLS® Num:
- A2243107
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,194 sq. ft.111 m2
Discover modern comfort and style in this beautifully designed 3-bedroom, 2.5-bath stacked townhome located in the sought-after community of ZEN Greystone South in Cochrane. The open-concept main floor features a bright, spacious kitchen with stainless steel appliances, quartz countertops, and an oversized island that seamlessly connects to the dining and living areas—perfect for entertaining or family gatherings. Upstairs, the primary bedroom offers a generous walk-in closet and a private ensuite. Two additional bedrooms, a full bathroom, and upper-level laundry provide everyday convenience and flexibility. Located just steps from downtown Cochrane, scenic pathways, shops, parks, and natural green spaces, this home offers the perfect blend of modern living and small-town charm. Additional features include a Fresh Air System (HRV) for improved indoor air quality. More detailsListed by Bode Platform Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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13 28 Heritage Drive: Cochrane Row/Townhouse for sale : MLS®# A2241627
13 28 Heritage Drive Cochrane Cochrane T4C 0J8 $444,777Residential- Status:
- Active
- MLS® Num:
- A2241627
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,492 sq. ft.139 m2
This home is not like the others. Featuring a full walk out basement that is fully developed, private view of the trees. pond and is an end unit. Super quiet and very private. Bonus is the visitor parking is right beside the home and additional visitors just across the lane. The location is worth the look as it is one of the best in the building. Come on in and meet your next home. Large entrance/foyer with lots of room and access to your attached garage. On this level as well is a large bedroom with ensuite and private deck with a view. Go up one level to the spectacular vaulted great room with tons of windows for the morning sun and a great view again. Next level you will find an awesome kitchen, 1/2 bath and big bright nook. This a great kitchen with ample cabinets, lots counter space and enough room for two chefs at once. The Master Bedroom is on the top floor and it is big enough for a King bed and all the furniture. Features good closet space and its own ensuite. Lower level is a fully developed walk out and can be used as an office/bedroom/gym, whatever you need. This also has a patio for relaxing. The single attached garage is perfect for 1 car but you also have a full length driveway for extra parking. Visitor parking is super close as well for guest's. One of the best locations in the complex that is super private and super quiet. Close to roadways, parks, paths, shopping and of course quick access to the mountains. Book and buy it! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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44 Sunset Road: Cochrane Row/Townhouse for sale : MLS®# A2244245
44 Sunset Road Cochrane Cochrane T4C 0H4 $459,000Residential- Status:
- Active
- MLS® Num:
- A2244245
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,274 sq. ft.118 m2
Welcome to this beautifully maintained 2 bedroom and 2 bathroom end-unit townhouse offering exceptional natural light and a large, open-concept floorplan, perfect for modern living. As you step inside, you’ll immediately notice the airy feel and generous layout—ideal for both relaxing and entertaining. The main floor has a spacious kitchen with stainless steel appliances, loads of counter space and cabinets, extra storage, and view out to the back yard. The back entry is where you'll find a 2 piece powder room and a door which leads to the east facing deck and yard, perfect for morning coffee in the summers. Upstairs, you’ll find two spacious bedrooms, and 2 full bathrooms, plus the convenience of upper level laundry. The partly finished basement provides ample potential with room for a third bedroom and a rough-in for a future bathroom, and has a large finished family room for movie nights or a teenager hangout - perfect for growing families or added guest space. Enjoy entertaining and summer BBQs on the private deck, and take advantage of the dedicated parking pad out back with plenty of room to build a future garage. Located in a vibrant, family-friendly neighborhood, this home is just steps from schools, parks, scenic walking paths, and local restaurants. It’s the perfect blend of comfort, space, and convenience—ready for you to move in and make it your own! More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email