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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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Inverness Homes for sale in McKenzie SE Calgary
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107 60 Promenade Way SE in Calgary: McKenzie Towne Apartment for sale : MLS®# A2241062
107 60 Promenade Way SE Calgary T2Z 3R4 
$359,900Residential- Status:
- Active
- MLS® Num:
- A2241062
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,053 sq. ft.
Welcome to this fully renovated two-bedroom, two-bathroom main floor corner condo in an intimate 12 unit building in McKenzie Towne seamlessly blending modern style with practical living, bathed in natural light from south-facing windows. This home features white quartz countertops throughout, updated LVP flooring, updated cabinetry, a gas fireplace and window coverings for a fresh, contemporary feel. The heart of this condo is its open concept main living space designed for both everyday living and entertaining. The modern kitchen boasts a large eating bar seats 4-5 comfortably. The sleek white quartz countertops and high end stainless steel appliances, with induction stove and an ice maker refrigerator, creating a stylish and functional hub. The generous dining area flows effortlessly into the bright living room. The spacious primary bedroom offers a serene retreat, comfortably accommodating a king-size bed. Thoughtfully designed, it features a ceiling fan for year-round comfort and central air conditioning to keep you cool in the warmer months. The primary bedroom with a large walk-in closet with ample storage, ensuring organization and ease. The ensuite bathroom features a modern four-piece bathroom with elegant finishes. The second bedroom is well-appointed, ideal for guests, a home office, or additional family members, and includes a ceiling fan. The second bathroom is a three-piece suite with walk in shower, complete with updated tile and fixtures. Convenience is key with the in-suite laundry room, equipped with a newer washer and dryer (2024). This dedicated space adds functionality with additional built-in cabinets. Step outside to the large balcony, perfect for relaxing or enjoying morning coffee. This outdoor retreat offers a peaceful space to unwind while taking in the surroundings of McKenzie Towne. Located steps from Inverness Pond, walking paths, parks, shopping and schools, this condo is ideally situated for an active and connected lifestyle. The unit includes two titled underground parking stalls (one of the two rent for $75/month) and a storage unit, adding practicality to its many charms. More detailsListed by Royal LePage Benchmark- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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42 Inverness Place SE in Calgary: McKenzie Towne Detached for sale : MLS®# A2238908
42 Inverness Place SE Calgary T2Z 3K4
$550,000Residential- Status:
- Active
- MLS® Num:
- A2238908
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,044 sq. ft.
BEST VALUE ON THE BLOCK!!!!!!! Welcome to your perfect family home in the heart of McKenzie Towne! Tucked away on a quiet and friendly cul-de-sac, this charming FIVE-bedroom, two-bathroom bi-level home is the ideal place to start your next chapter. PERFECT FOR BIG FAMILIES!!!! Basement was redesigned for BIG FAMILIES!!!!!EVERYONE CAN HAVE THEIR OWN ROOM!!!!! From the moment you step inside, you’ll love the inviting hardwood floors and the beautifully updated kitchen featuring rich maple cabinets, stainless steel appliances, a stylish industrial backsplash, and a large island—perfect for family meals or weekend baking sessions! The spacious main floor boasts a king-sized primary bedroom, a generous second bedroom, and an updated 4-piece bathroom. Downstairs, you’ll find THREE more bright bedrooms, a second full bath, and a cozy rec room —just right for movie nights or kids’ playtime. A small den with gas fireplace is the perfect hide out spot or simply a storage. Step outside to a large deck that’s perfect for summer BBQs, a double detached garage, and even extra parking for a small RV or third vehicle. With schools, parks, walking paths, and shopping just minutes away, this home offers everything a growing family needs. Don’t miss this amazing opportunity to make lasting memories—THIS COULD BE THE HOME YOUR FAMILY HAS BEEN WAITING FOR!!!!! INVESTORS GEM AS WELL!!!!!! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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41 Inverness Park SE in Calgary: McKenzie Towne Detached for sale : MLS®# A2243006
41 Inverness Park SE Calgary T2Z 3E3
$575,000Residential- Status:
- Active
- MLS® Num:
- A2243006
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,110 sq. ft.
Located on a picturesque tree-lined street, this bright and inviting bi-level home offers the perfect blend of comfort, functionality, and location. Just steps from a playground and within walking distance to parks, schools, and the shops of both High Street and 130th Avenue, this home delivers unbeatable convenience in a family-friendly community. The main level features soaring vaulted ceilings and large windows that flood the space with natural light. Durable tile and laminate flooring run throughout the open-concept layout. The spacious kitchen includes white appliances, a tile backsplash, peninsula for extra prep space, and a generous dining nook perfect for gatherings. Patio doors off the living room provide easy access to the backyard, while the expansive living area offers a great space to relax or entertain. The primary bedroom showcases a wall of floor-to-ceiling windows, a large closet, and a private 3-piece ensuite. A second bedroom and a full 4-piece main bath complete the upper level. Downstairs, the fully finished basement has been developed into a legal suite, offering fantastic potential for rental income or multigenerational living. The lower level includes a large recreation/living room with laminate flooring, a full kitchen area, a spacious third bedroom, and another 3-piece bathroom. Outside, enjoy a fully fenced backyard featuring a two-tiered deck—ideal for summer BBQ's, a storage shed, and a double detached garage. This is a fantastic opportunity to own a move-in-ready home with income potential in one of Calgary's most desirable southeast communities. More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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42 Inverness Close SE in Calgary: McKenzie Towne Detached for sale : MLS®# A2234527
42 Inverness Close SE Calgary T2Z 2X7 OPEN HOUSE: Aug 09, 202502:00 PM - 04:00 PM MDTOpen House on Saturday, August 9, 2025 2:00PM - 4:00PM
$914,900Residential- Status:
- Active
- MLS® Num:
- A2234527
- Bedrooms:
- 6
- Bathrooms:
- 4
- Floor Area:
- 1,944 sq. ft.
"" OPEN HOUSE: SATURDAY, AUGUST 9, 2:00 - 4:00 PM "". THIS PRISTINE HOME HAS IT ALL: friendly, quiet, mature, stunning Neighbourhood of Inverness, quiet cul de sac location in Mckenzie Towne. 1947 sq ft bungalow with another 1600 sq ft in the lower level, updated kitchen overlooking a large spacious great room, gas fireplace, main floor flex room, large dining area, total of 6 bedrooms, 4 bathrooms, family room (second gas fireplace) and games area in the lower area. Pie shaped lot with beautifully landscaped backyard (with garden, flower beds, gazebo). A true large family home with substantial upgrading over the last 10-12 years including: central air conditioning, complete kitchen incl granite countertops, stainless steel appliances, hi efficiency furnace, 2 hot water tanks (2024), roof, zebra blinds, solid main floor oak hardwood and porcelain tile flooring, bathrooms incl jetted ensuite tub and separate shower, 36 inch wide doors (wheelchair accessible), all main floor windows, vinyl exterior fence, water softener, central vac, insulated attached 21 foot wide garage plus 4 vehicle and rv parking , basement heat ducts and floor level, beautiful landscaped and spacious backyard with large deck More detailsListed by Royal LePage Solutions- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
