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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.
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Email: diane@mypadcalgary.com
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Sylvan Lake townhouses for sale
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1 4622 44 Street: Sylvan Lake Row/Townhouse for sale : MLS®# A2229423
1 4622 44 Street Sylvan Lake Sylvan Lake T4S 1L1 $219,900Residential- Status:
- Active
- MLS® Num:
- A2229423
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 504 sq. ft.47 m2
FULLY DEVELOPED 2 BEDROOM, 2 BATH BI-LEVEL TOWNHOME ~ END UNIT ~ CLOSE TO ALL AMENITIES ~ Covered front entry welcomes you to a sun filled foyer with high ceilings that open to the main level ~ The living room features hardwood flooring, a cozy gas fireplace and sliding patio doors that lead to an east facing balcony ~ The kitchen offers a functional layout with plenty of cabinets, ample counter space including an island with an eating bar, full tile backsplash and opens to the dining space ~ 2 piece main floor bath ~ The fully finished basement offers two generous size bedrooms with ample closet space, a 4 piece bathroom, laundry and space for storage ~ Monthly condo fees are $250 and include; grounds maintenance, professional management, sewer, snow removal, trash and water ~ 1 assigned rear parking stall with ample street parking ~ Excellent location; walking distance to schools, parks, playgrounds, walking trails, tons of shopping and dining options, plus easy access to downtown/Lakeshore Drive and Highway 11 ~ Low maintenance living! More detailsListed by Lime Green Realty Central- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2106 5220 50A Avenue: Sylvan Lake Row/Townhouse for sale : MLS®# A2242443
2106 5220 50A Avenue Sylvan Lake Sylvan Lake T4S 1E5 $238,000Residential- Status:
- Active
- MLS® Num:
- A2242443
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 958 sq. ft.89 m2
Immaculate and Move-In Ready! This beautifully updated 2-bedroom, 2-bathroom townhouse offers modern comfort and thoughtful design throughout—all just a short walk to the lake and vibrant downtown restaurants. Step into a spacious entryway with a large, deep front closet and immediately feel at home. The open-concept layout features brand-new flooring, fresh neutral paint, and stylish new window coverings. Enjoy cooking in the well-appointed kitchen with ample cabinetry, updated appliances, a breakfast bar, and generous storage. The bright living area leads to two outdoor spaces—an east-facing front deck perfect for morning coffee, and a west-facing back deck overlooking a green space, complete with gas BBQ hookup for evening entertaining. The primary suite includes a large walk-in closet and a 4-piece ensuite, while the second bedroom and full bath are ideal for guests or a home office. Additional upgrades include a new washer/dryer, faucets, and hot water tank. This home is also being sold furnished, offering incredible value. A massive crawl space provides exceptional storage. Pride of ownership shines in this move-in-ready gem which is a short walk to the lake and the downtown restaurants. More detailsListed by Century 21 Maximum- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1212 5220 50a Avenue: Sylvan Lake Row/Townhouse for sale : MLS®# A2240941
1212 5220 50a Avenue Sylvan Lake Sylvan Lake T4S 1E5 $245,000Residential- Status:
- Active
- MLS® Num:
- A2240941
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,052 sq. ft.98 m2
Visit REALTOR® website for additional information. Welcome to this bright & beautifully updated single level, end-unit townhouse in sought-after Rainbow Park, Sylvan Lake! Just a short stroll to the beach, shops, & restaurants, this gem offers the perfect blend of convenience & comfort. With updated flooring & paint, step inside to a spacious, sun-filled open-concept layout. The living room features a corner gas fireplace & sliding doors to the deck with a gas line for BBQing—ideal for relaxing after a day by the lake, plus easy flow into the dining area for entertaining. The stylish kitchen features a breakfast bar, new stainless appliances & a pantry. This home has 2 generous bedrooms & 2 full bathrooms, including a private 4-piece ensuite in the Primary suite. With low condo fees of just $328/month, don't miss the chance to enjoy low-maintenance living just blocks from the shoreline! More detailsListed by PG Direct Realty Ltd.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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502 5220 50A Avenue: Sylvan Lake Row/Townhouse for sale : MLS®# A2235957
502 5220 50A Avenue Sylvan Lake Sylvan Lake T4S 1E5 $250,000Residential- Status:
- Active
- MLS® Num:
- A2235957
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 920 sq. ft.86 m2
Investment opportunity in the heart of SYLVAN LAKE, ALBERTA, a fast-growing lakeside community. Either you live in it or have it rented out, you are in a win win situation. This 2 bedroom 2 bath home is designed for comfort, privacy, and convenience. Located on the main floor with over 900 sq ft of living space. Dining room, living room and kitchen form a continuous open space, ideal for maximizing natural light and fresh air coming from the patio. South facing front porch for sun and north for the shade. Only few steps from the lake, how can you be wrong. Call your favorite Realtor for a showing. Vacant easy to show. Immediate possession available. More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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201 5220 50A Avenue: Sylvan Lake Row/Townhouse for sale : MLS®# A2232764
201 5220 50A Avenue Sylvan Lake Sylvan Lake T4S 1E5 $259,900Residential- Status:
- Active
- MLS® Num:
- A2232764
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,541 sq. ft.143 m2
Bright & Spacious End-Unit Townhouse in the Heart of Sylvan Lake. This 1,541 sq ft end-unit townhouse is ideally located in the desirable Rainbow Park subdivision—just one block from the Sylvan Lake Golf & Country Club, marina, restaurants, shopping, and the beach. The open-concept main level is filled with natural light from extra windows and features a generous living room with a gas fireplace, a spacious kitchen with ample cabinetry, an island with eating bar, and access to a west-facing deck with a natural gas hookup—perfect for evening BBQs. Upstairs, the loft-style primary bedroom offers an ensuite soaker tub and plenty of storage. With three bedrooms and two full bathrooms, this home is ideal for year-round living or a relaxing weekend escape. Additional features include: One dedicated parking stall right in front of the unit, Abundant visitor parking nearby, Condo fees that cover exterior maintenance, snow removal, landscaping, water, sewer and garbage, and a 2021 hot water tank. Enjoy low-maintenance living with a bright, welcoming layout in one of Sylvan Lake’s best locations. Seller will be replacing some doors that need repair and will to replace kitchen fridge and stove with stainless to match, as well as counter top edging, door hardware etc.. More detailsListed by Red Key Realty & Property Management- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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605 5220 50A Avenue: Sylvan Lake Row/Townhouse for sale : MLS®# A2239355
605 5220 50A Avenue Sylvan Lake Sylvan Lake T4S 1E5 $259,900Residential- Status:
- Active
- MLS® Num:
- A2239355
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,269 sq. ft.118 m2
Welcome to this bright & sunny townhome in Rainbow Park just steps away from the lake & golf course! The 1,268 sqft 2 storey, 3 bedroom, 2 bathroom home has a unique & spacious layout that includes a unique "peek-a-boo" view of the lake in the loft upstairs that hosts the master suite. As you’re guided up the stairs from the entryway you’ll enter into the kitchen & living room area. The kitchen has lots of counter space thanks to the island in the center. The cupboards are adorned in a charming honey oak colour & provide storage from top to bottom. As you make your way into the living room you’ll experience the large vaulted ceiling creating a spacious feel. You can cozy up next to the gas fireplace & enjoy the bright view coming in from the patio door that exits onto the North facing deck that includes a natural gas hookup for a BBQ. On the main floor you’ll find 2 spacious bedrooms, the laundry room, and a 4pc bathroom that doubles as an ensuite for the primary bedroom with its Jack & Jill style entry. Making your way upstairs is the loft which hosts a large third bedroom, 2 closets, & a spacious ensuite! This ensuite has a large tub & plenty of counter space that includes an opening for a chair to create a convenient vanity for hair & makeup. This unit has a great location placed on the border of the park with lots of visitor parking! Immediate possession is available! More detailsListed by RE/MAX Complete Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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4418 47 Avenue: Sylvan Lake Row/Townhouse for sale : MLS®# A2245620
4418 47 Avenue Sylvan Lake Sylvan Lake T4S 1P1 $274,900Residential- Status:
- Active
- MLS® Num:
- A2245620
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 714 sq. ft.66 m2
NO CONDO FEES! This end-unit bilevel townhouse offers a comfortable and functional living space, ideally situated close to schools and shopping amenities. The main level features a bright and inviting living room, perfect for family gatherings. The kitchen is equipped with natural wood cabinetry, laminate countertops, a refrigerator, electric stove, and a new dishwasher. The spacious dining area comfortably accommodates a family and features a garden door that opens onto a deck, providing a lovely view of the backyard. Convenient main floor laundry includes a washer and dryer. This bilevel home boasts a fully finished basement that includes the primary bedroom, two additional bedrooms, and a four-piece bathroom. Exterior features include durable vinyl siding and asphalt shingles. Enjoy outdoor living with manicured lawns, a fenced backyard ideal for children and pets, and a parking pad for two vehicles. Whether you're seeking your first home or a smart investment, this property offers an excellent combination of comfort, potential, and prime location. More detailsListed by Coldwell Banker OnTrack Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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9 2 Hinshaw Drive: Sylvan Lake Row/Townhouse for sale : MLS®# A2230118
9 2 Hinshaw Drive Sylvan Lake Sylvan Lake T4S 2J2 $279,900Residential- Status:
- Active
- MLS® Num:
- A2230118
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,323 sq. ft.123 m2
Charming 3-Bedroom Home in Desirable Hewlett Park – Ideal for First-Time Buyers & Investors Welcome to this delightful 3-bedroom, 3-bathroom home nestled in the sought-after Hewlett Park community of Sylvan Lake. Perfectly suited for first-time homebuyers, savvy investors, or those seeking a tranquil summer retreat, this property offers both comfort and potential. Key Features: Spacious Living Areas: The main floor boasts a generous living room, a convenient half-bath, and a well-appointed kitchen featuring a large pantry and ample cupboard space—ideal for culinary enthusiasts. Comfortable Bedrooms: Upstairs, you'll find three inviting bedrooms, including a master suite complete with a private ensuite bathroom. Unfinished Basement: The basement awaits your personal touch, offering the flexibility to create additional living space tailored to your needs. Prime Location: Situated close to the serene shores of Sylvan Lake, this home is just minutes away from local amenities, shopping centers, and recreational facilities. Community Highlights: Hewlett Park is renowned for its family-friendly atmosphere and proximity to outdoor activities. Whether you're boating on the lake, enjoying a leisurely walk in the park, or exploring local shops and eateries, this neighborhood provides a vibrant and welcoming environment. Opportunity Awaits: Don't Miss Out: Whether you're looking for your first home, a smart investment, or a peaceful getaway, this property offers the perfect blend of comfort, potential, and location.. Take the first step toward making this charming house your new home. More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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119 50 Lucky Place: Sylvan Lake Row/Townhouse for sale : MLS®# A2225162
119 50 Lucky Place Sylvan Lake Sylvan Lake T4S 0E3 $289,900Residential- Status:
- Active
- MLS® Num:
- A2225162
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,406 sq. ft.131 m2
IMMEDIATE POSSESSION AVAILABLE! Welcome to this beautifully maintained 3-bedroom, 1.5-bathroom townhome nestled in a sought-after lake community! Perfectly located just steps from top-rated schools, scenic parks, and convenient shopping, this home offers the ideal blend of comfort, style, and lifestyle. Step inside to discover newer hard surface flooring throughout the main level, providing both durability and a modern touch. Freshly painted in contemporary tones, the interior feels bright, clean, and move-in ready. The main level features a spacious living area, functional kitchen with ample cabinetry and separate pantry, and a cozy dining space that opens to a private outdoor patio—ideal for relaxing or entertaining. Upstairs, you'll find three generously sized bedrooms and a full bathroom, with a convenient half-bath on the main floor for guests. Enjoy all the perks of lake community living, including access to walking paths, green spaces, and seasonal lake activities. Whether you're a first-time buyer, a small family, or looking to downsize, this home checks all the boxes. More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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4417B 47A Avenue: Sylvan Lake Semi Detached (Half Duplex) for sale : MLS®# A2236989
4417B 47A Avenue Sylvan Lake Sylvan Lake T4S 1N4 $298,900Residential- Status:
- Active
- MLS® Num:
- A2236989
- Bedrooms:
- 6
- Bathrooms:
- 2
- Floor Area:
- 989 sq. ft.92 m2
New Flooring and paint - The possibilities are endless with this 6 bedroom, 2 bath duplex with large fenced yard. Big bright windows in this open home with a front balcony and rear deck! The well appointed kitchen (open to the living & dining rooms) has ample cabinets and counter space with a pantry and storage closet. Located in the heart of Town and great walkability to schools, playgrounds, downtown, beach and shopping. Good value and a great affordable home for a larger family! More detailsListed by KIC Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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110 50 Lucky Place: Sylvan Lake Row/Townhouse for sale : MLS®# A2242353
110 50 Lucky Place Sylvan Lake Sylvan Lake T4S 0E3 $304,900Residential- Status:
- Active
- MLS® Num:
- A2242353
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,423 sq. ft.132 m2
Live or Invest in LAKESIDE LIVING! This affordable property in Sylvan Lake is a great choice for first-time buyers and savvy investors alike. With easy access to schools, shopping, and the lake itself, this is your chance to secure a home in a thriving community, whether you’re planning to live in it, rent it out, or both. Welcome to this beautiful, lovingly maintained condo offering exceptional space, comfort, and functionality. Step inside to a bright and roomy front entryway that flows seamlessly into a generously sized living room, offering multiple furniture layout options to suit your style. The functional, modern kitchen features ample cabinetry, great counter space, and opens into a spacious dining area, ideal for everyday living or entertaining. Just off the dining room, you will find a convenient powder room and seamless indoor-outdoor living, complete with a back entrance that opens onto a private deck and fenced backyard, perfect for summer BBQs or relaxing evenings under the stars. Upstairs, you’ll find a large primary bedroom with a walk-in closet, two additional bedrooms, and a full 4 piece bathroom, plenty of room for a growing family or guests. The unfinished basement provides great storage or future development potential to add more living space. Sylvan Lake is a beautiful, affordable, and dynamic lakeside town ideal for families, lifestyle focused individuals, and anyone craving both outdoor recreation and small town warmth. Whether you’re investing, working remotely, raising a family, or downsizing. Sylvan Lake offers a balanced, vibrant lifestyle with plenty to offer. More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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49 Old Boomer Road: Sylvan Lake Semi Detached (Half Duplex) for sale : MLS®# A2239221
49 Old Boomer Road Sylvan Lake Sylvan Lake T4S 1Z1 $337,500Residential- Status:
- Active
- MLS® Num:
- A2239221
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,132 sq. ft.105 m2
Check out this great opportunity to own a five-bedroom, 2 bath bi-level with a detached garage. This home offers plenty of space inside and out. The main floor features three bedrooms, a large living room with sliding glass doors to the west-facing deck with a recently added gas line—perfect for evening BBQs. Also on the main floor is a spacious kitchen, dining area and the convenience of main floor laundry. A 4pc. bathroom completes the main floor space. The fully developed basement includes a large rec room, two additional bedrooms, a 3-piece bathroom with a new vanity(2025), and a den that could easily function as a home office. Recent upgrades include new shingles on the house in 2023, a tile backsplash in the kitchen(2025), new vinyl flooring in the kitchen, dining, laundry room, and main bath(2025), updated water shut-offs on all taps(2025), a new kitchen faucet, and a new sump pump(2025). The fully fenced backyard adds additional space to enjoy this affordable home. More detailsListed by Century 21 Maximum- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email