Featured Listings
316042 160 Avenue West
$1,900,000
Nestled in the prestigious Priddis Creek Estates, this exceptional timber frame-style, walk-out bungalow offers the perfect blend of rustic charm and modern luxury. As you...
CIR Realty
220048 RR 212
$549,900
Discover the perfect blend of rural tranquility and modern convenience on this exceptional 7.43-acre property nestled in the heart of Wheatland County. This adorable bungalow...
CIR Realty
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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CALGARY MULTI FAMILY HOMES FOR SALE
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112 29 Avenue NW in Calgary: Tuxedo Park Triplex for sale : MLS®# A2219374
112 29 Avenue NW Calgary T2M 2L8 
$899,000Multi-Family- Status:
- Active
- MLS® Num:
- A2219374
- Floor Area:
- 1,270 sq. ft.
INVESTOR ALERT / OVERSIZED CORNER LOT / TRIPLEX / GREAT NW LOCATION / CASH FLOWING PROPERTY. This property has unbelievable potential! Built as a legal TRIPLEX (with 3 electric meters in common area) but currently an illegal 4 Plex with 4 self contained 1 bedroom suites. Each unit has their own kitchen, full bathroom, living room, storage, parking stall and access to shared common (coin op.) laundry. Located in the Northwest Community of Tuxedo which has great access to bus routes, bistros, shopping, downtown and surrounded by plenty of parks. The CORNER M-C1 Zoned Lot is 50 X 120 SF and would be a fantastic redevelopment site. More detailsListed by Century 21 Bamber Realty LTD.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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4913 16 Avenue SE in Calgary: Forest Lawn Full Duplex for sale : MLS®# A2242445
4913 16 Avenue SE Calgary T2A 0P1
$1,000,000Multi-Family- Status:
- Active
- MLS® Num:
- A2242445
- Floor Area:
- 1,957 sq. ft.
Opportunity knocks with this duplex featuring a Duplex with a 4PLEX setup, 4 units in total - a rare and versatile cash-flowing property! Situated on a spacious 120’ x 68’ corner lot (over 8,000 SQFT) and zoned MC-1, this property is loaded with future redevelopment potential including infill, multi-unit, or mixed-use possibilities (all subject to city approval). Located just one block from vibrant International Avenue (17th Ave SE), tenants enjoy easy access to transit, shopping, restaurants, and schools. The property has a strong rental history with zero vacancy, previously generating $6,900/month in rental income with shared utilities. Recently updated on the 4915 side. Whether you're looking to hold for future development, generate cash flow, or reconfigure into a legal fourplex, the potential here is undeniable. Call for more details before it's GONE! More detailsListed by Skyfort Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2316 16 Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2244497
2316 16 Street SW Calgary T2T 4E7
$1,100,000Multi-Family- Status:
- Active
- MLS® Num:
- A2244497
- Floor Area:
- 2,342 sq. ft.
Open house 12-2pm. Saturday Aug 02, 2025. Discover a prime investment with this luxury fourplex—fully upgraded, centrally located, and perfectly situated in Bankview—offering unbeatable rental appeal just steps from downtown, transit, parks, and vibrant 17th Avenue. Overlooking the scenic Bankview Community Garden, it provides a serene setting for tenants. Renovated in 2016, it features energy-efficient windows, a new roof, modern appliances, and a state-of-the-art glycol heating system that reduces heating costs by 60%. Each of the four spacious 1-bedroom units (2,343 square feet total) has in-suite laundry, storage, and private entrances, while the lower units enjoy walk-out access. A 148-square-foot utility room adds extra functionality, and ample parking ensures convenience. With market rents generating $67,200 annually ($1,500 upper, $1,300 lower) and room for future increases, this property delivers immediate positive cash flow and strong long-term appreciation. Let tenants pay your mortgage while you build wealth and secure your future. The astute investor can achieve semi or even full retirement upon purchase. Opportunities like this are rare—act now! More detailsListed by Datong Property Management Ltd.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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447 Huntsville Crescent NW in Calgary: Huntington Hills 4 plex for sale : MLS®# A2224832
447 Huntsville Crescent NW Calgary T2K 4W3
$1,155,000Multi-Family- Status:
- Active
- MLS® Num:
- A2224832
- Floor Area:
- 1,989 sq. ft.
Invest in a rare opportunity with this well-maintained fourplex, ideally situated in the community of Huntington Hills. Each of the four spacious units offers roughly 980 sq. ft of comfortable living space, featuring 3 bedrooms and full self-containment – including a private utility room with its own furnace, hot water tank, washer, dryer & added storage space. Set on a large, beautifully treed lot, the property offers both privacy and charm. The bright basement suites benefit from large windows that bring in plenty of natural light, creating a more welcoming and open atmosphere rarely found in lower-level units. The upper units feature brand-new patio doors that open onto a recently renovated balcony, offering an unobstructed view and a perfect outdoor retreat. Tenants will also appreciate the convenience of being just minutes from top-rated schools, shopping centers, Deerfoot Trail, and public transit – making this location unbeatable for families and commuters alike. All four units are in immaculate condition, making this a true turnkey investment. With strong rental potential and a prime location, this property is a standout choice for investors or extended families seeking space and independence under one roof. Don’t miss out – four-unit properties like this don’t come around often! More detailsListed by RE/MAX Real Estate (Mountain View)- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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7411 20A Street SE in Calgary: Ogden Full Duplex for sale : MLS®# A2244959
7411 20A Street SE Calgary T2C 0S3
$1,200,000Multi-Family- Status:
- Active
- MLS® Num:
- A2244959
- Floor Area:
- 2,249 sq. ft.
INVESTOR ALERT - 6.5% CAP RATE on cash flowing Full DUPLEX with LEGAL Suites and GARAGE in OGDEN. Turn key, well managed building, with many updates through the years, including 2 new furnaces in 2021. 2 Main floor 3 bedroom units, 2 Basement 2 bedroom units. Garage Rented. Parking pad at back. Fenced yard is super convenient for those tenants with pets. Location is 1 block to nearby school and park, 2 blocks to grocery store and other commercial amenities. 1/2 block to the bus stop. Easy access to Glenmore Trail. FULL PACKAGE AVAILABLE. Photos are of the vacant unit. More detailsListed by Realty Experts Group Ltd- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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3715 14 Street NW in Calgary: Collingwood 4 plex for sale : MLS®# A2242549
3715 14 Street NW Calgary T3B 5K1
$1,250,000Multi-Family- Status:
- Active
- MLS® Num:
- A2242549
- Floor Area:
- 1,853 sq. ft.
Located just north of downtown in one of Calgary’s sought-after inner-city communities, this well-maintained 4-unit duplex is an excellent opportunity for investors. The property offers a total of 9 bedrooms, with two 2-bedroom upper units, a spacious 4-bedroom lower unit, and a separate 1-bedroom lower unit—providing strong rental flexibility and income potential. Though interior photos are unavailable to respect tenant privacy, the property has seen ample upgrades and is in great condition. Tenants benefit from thoughtful layouts, a detached garage, a backyard, and a location that’s close to amenities, transit, and downtown. Whether you're looking to add to your portfolio or secure a reliable income property in a prime area, this one checks all the boxes More detailsListed by The Real Estate District- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1727 12 Avenue SW in Calgary: Sunalta 4 plex for sale : MLS®# A2215116
1727 12 Avenue SW Calgary T3C 0R5
$1,299,900Multi-Family- Status:
- Active
- MLS® Num:
- A2215116
- Floor Area:
- 3,012 sq. ft.
Prime location and revenue generating property in desirable community of Sunalta, within walking distance to Sunalta C-Train station and a lots of shopping/dining options. Also close to some of Calgary's best schools (Western Canada, Mount Royal, Sacred Heart), and nearby tennis courts for active living. This well maintained 2 storey, four unit building is zoned M-CG d111 with potential monthly revenue over $7000 City assessment as 4-plex available. Both 2 storey units feature 3 bedrooms and laundry; one with a full bath and 2 pc en suite; the other with a full bath, 3 pc en suite, and 2 pc powder room on the main floor. Basement units (2 bed/1 bath and 1 bed/1 bath) include private access from common entry way/landing and shared laundry room. 4 parking stalls accessible from rear laneway. Exceptional revenue and/or development value More detailsListed by Royal LePage METRO- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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641 & 639 69 Avenue SW in Calgary: Kingsland 4 plex for sale : MLS®# A2239987
641 & 639 69 Avenue SW Calgary T2V 0P1
$1,374,900Multi-Family- Status:
- Active
- MLS® Num:
- A2239987
- Floor Area:
- 1,933 sq. ft.
Your chance to own 4 fully renovated legal suites, all with separate entrances! *VISIT MULTIMEDIA LINK FOR FULL DETAILS, INCLUDING 3D TOUR & FLOORPLANS!* Move-in ready, this stylish 4-plex in Kingsland has TWO 2-bedroom upper suites PLUS TWO 2-bedroom basement legal suites—perfect for investors, multigenerational families, or buyers seeking rental income to offset their mortgage. No condo fees mean you enjoy the freedom of full ownership with fewer restrictions and lower monthly costs. Located just 3 minutes from Chinook Centre and surrounded by shopping, dining, and amenities along Macleod Trail, this home offers incredible convenience. Commuters will love the proximity to both Heritage and Chinook LRT stations (only 4 minutes away), plus easy access to Glenmore and Macleod Trail for smooth travel across the city. For investors, both sides of this renovated duplex are available—purchase one or secure the entire property for maximum flexibility and future rental potential. The upper suite showcases a bright, open-concept layout with vaulted ceilings, large windows, and engineered hardwood flooring throughout. The brand-new kitchen is equipped with quartz countertops, stainless steel appliances, a tile backsplash, and generous cabinetry. Two spacious bedrooms with built-in closets are tucked away from the main living areas, while the 4-piece bathroom offers quartz counters, tiled flooring, and a fully tiled tub/shower combo. Convenient in-suite laundry with a stacked washer/dryer completes this level. The lower suite has its own private entrance and is fully legalized by the City of Calgary. Finished with luxury vinyl plank flooring, this beautifully updated space features a well-appointed kitchen with quartz counters and a tile backsplash, a dining nook, two bedrooms—including one oversized room with two large windows and built-in shelving—and a full 4-piece bathroom. Laundry rough-in is available in the mechanical room. Upgraded insulation throughout for energy efficiency and additional soundproofing between the suites for improved comfort and privacy. Enjoy the private, south-facing backyard—perfect for relaxing or catching some sun. A detached single garage and additional parking pad offer flexibility for parking or storage. Set in a mature, well-connected neighbourhood bordering Calgary’s inner city, Kingsland offers peaceful streets, quick access to Glenmore Reservoir and Heritage Park, and excellent access to schools, transit, and major roads. This is a fantastic opportunity to own a fully renovated investment property in a convenient location with income-generating potential. Book your private showing 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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423 10 Avenue NE in Calgary: Renfrew 4 plex for sale : MLS®# A2240044
423 10 Avenue NE Calgary T2E 0X5
$1,425,000Multi-Family- Status:
- Active
- MLS® Num:
- A2240044
- Floor Area:
- 2,221 sq. ft.
Fantastic LEGAL 4 plex! All units are completely self contained townhomes. Well maintained and in great conditions. Long term tenants. 8 year old roof, Shows very well. Great location close to downtown and many amenities. made up of 1 - 3 bedroom unit and 3 - 2 bedroom units. All are units are 1,047 sqft all with their own laundry facilities. More detailsListed by The Real Estate District- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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509,511 34 Avenue NE in Calgary: Winston Heights/Mountview 4 plex for sale : MLS®# A2235755
509,511 34 Avenue NE Calgary T2E 2K1
$1,475,000Multi-Family- Status:
- Active
- MLS® Num:
- A2235755
- Floor Area:
- 1,692 sq. ft.
This is the sale of 509, 511 34 AVE NE and the 2 additional Registered Secondary Suites identified as 509B (sticker 15228) and 511B (sticker 15227). There are a total of 4 rental units. Spacious units that were recently upgraded in 2024. Each unit has fridge, stove, microwave, dishwasher and all-in-one washer/dryer. Both of the upper suites have 2 Bedrooms 1 bathroom. The lower suite 509 B has 1 Bedroom and 2 bathrooms. 511B has 2 bedrooms and 1 bathroom. There are 4 furnaces, 2 gas meters and 2 electrical meters. In the back there is a one car garage and a separate storage unit More detailsListed by Michael Fleming Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1421 1 Street NW in Calgary: Crescent Heights 4 plex for sale : MLS®# A2244640
1421 1 Street NW Calgary T2M 2S7
$1,595,000Multi-Family- Status:
- Active
- MLS® Num:
- A2244640
- Floor Area:
- 4,070 sq. ft.
Great opportunity for your own boutique Air BnB building, check out the 3D tour link for a better look inside. This legal 4-Plex is your ticket to cash flow and long-term equity in one of Calgary’s most desirable inner-city neighborhoods, Crescent Heights. With over 4,000 sqft of total living space, impeccably maintained property is packed with features that make it a dream addition to any portfolio. The upper floor offers 2,407 sqft of bright, open-concept living with two spacious 2-bedroom suites. Each suite includes a modern kitchen, generous dining areas, 2 full bathrooms, exclusive use washer/dryer, and two balconies—one off the primary bedroom and one from the living room—bringing that perfect blend of indoor/outdoor living. Downstairs, the 1,676 sqft lower level has two beautifully finished 1-bedroom suites with, exclusive washer/dryer and direct access to a private patio area, creating even more appeal for tenants. Parking is no issue here, with two double attached garages* plus five extra stalls—an absolute rarity this close to downtown. *The garage for 1419 has a single door and has been converted to an office w 3 piece bathroom, laundry room, epoxy floors and boiler room. The garage for 1421 has been converted to a gym/weight room with epoxy floors, 3 piece bathroom and laundry area. Many extras are included in the sale, hot tub, weight room / gym equipment, most furniture in the suites (with some exclusions). Located just minutes from downtown, the vibrant Kensington district, 16th Avenue, top restaurants, shopping, and major transit routes, this property offers unbeatable convenience and lifestyle appeal. This is the kind of investment opportunity that checks all the boxes—turnkey, low maintenance, and in a location that continues to grow in value. Don’t wait—book your private showing today before it’s gone! More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1-6 2208 20 Avenue NW in Calgary: Banff Trail Apartment for sale : MLS®# A2226753
1-6 2208 20 Avenue NW Calgary T2M 1J2
$1,750,000Multi-Family- Status:
- Active
- MLS® Num:
- A2226753
- Floor Area:
- 4,010 sq. ft.
Exceptional older character 6 Plex Located in a Prime Location in Banff Trail. City View across from a City Park and recreation area and only blocks away from LRT stations. These units rarely come to market and this one has many recent upgrades including Windows, Roofing, Kitchens, Bathrooms, hot water tanks and unit Electrical panels. NOTE*** Individual gas meters and furnaces, hot water tanks to each unit. Laundry and Utility room located in lower level. 4 car garage and exterior stall. Security doors. BBQ area and picnic table for the tenants. 5-2 Bedroom and 1 -1 bedroom units. Possible Vendor Take Back by Seller!! Why not create your own living space in the upper two apartments and take advantage of the great View and Location!! Better yet this maybe an excellent condo conversion to consider. Please DO NOT DISTURB TENANTS - thank you. Expenses (Taxes-Insurance -Garbage -Recycles -Cleaning Services -Summer and Winter Landscaping- Furnace maintenance and common area costs including Water And Sewer for the entire building running Approximately $28,765 and Rental Income Approximately $109,620 ) 1 Bedroom Suite runs on average 1350 -2 Bedroom Suites average/ $1,557). Factor in on any multi family 2% for Vacancy 4% for maintenance gives you a snap shot of 2208 current Income and expenses. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
Data was last updated August 5, 2025 at 10:05 PM (UTC)
