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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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3 BEDROOM HOMES ARBOUR LAKE CALGARY
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201 55 Arbour Grove Close NW in Calgary: Arbour Lake Apartment for sale : MLS®# A2206357
201 55 Arbour Grove Close NW Arbour Lake Calgary T3G 4K3 $379,500Residential- Status:
- Active
- MLS® Num:
- A2206357
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,144 sq. ft.106 m2
Spacious and bright, second floor, END UNIT condo located in Arbour Lake; one of Calgary's most sought after lake side communities! This apartment features a modern, open concept floor plan with 3 bedrooms and 2 full bathrooms, a titled, underground, heated parking stall, on site bike storage and ample VISITOR PARKING! This unique floorplan includes defined living and dining spaces but also allows for options regarding your furniture placement. The galley kitchen provides maximum functionality for entertaining. A massive primary bedroom has it's own ensuite, his + hers closets and is located on the opposite side of the unit for privacy. The additional 2 bedrooms provide the flexibility for a home office, fitness or art studio. An abundance of natural light highlights the NEW VINYL PLANK FLOORING and BASEBOARDS installed in Feb. 2024. The condo includes in suite, stacked laundry and a MASSIVE STORAGE ROOM conveniently located next to the front door for easy access. Enjoy your coffee, the morning sun and the scenic views on the large, east-facing balcony! The Arbour Grove Condo Complex is just a few minutes walk to the LRT station, great schools, parks + greenspace, shopping, a theatre and all of the activities that LAKE LIFE has to offer!! So, don't miss this incredible opportunity to call this inviting space home! More detailsListed by Real Estate Professionals Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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317 55 Arbour Grove Close NW in Calgary: Arbour Lake Apartment for sale : MLS®# A2211436
317 55 Arbour Grove Close NW Arbour Lake Calgary T3G 4K3 $399,900Residential- Status:
- Active
- MLS® Num:
- A2211436
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,148 sq. ft.107 m2
Welcome to this 1148 sqft, sunny and spacious 3 bedroom, 2 full bathroom SW END UNIT, which comes with TWO PARKINGS (one in heated underground parkade, the other is a convenient ground stall close to the side entrance). The building is located in the family friendly lake community of Arbour Lake. Vibrant Crowfoot Mall is just at the door step. LRT station, play ground, public library and the lake are all within a short walk. The unit has been recently renovated with LVP flooring, quarts counter tops, fresh paint, new stove and more. Stepping into this welcoming space, you will immediately feel at home. The open-concept layout creates a seamless flow between the living, dining, and kitchen areas. Large SW facing windows let abundant natural lights pouring in all day long. The unit offers secured bike storage room, huge in-unit storage room and ample cabinet spaces. The primary bedroom boasts a cozy sitting area and a private ensuite bathroom. Residents enjoy exclusive access to the community's pristine lake, variety of water activities. The community offers a range of amenities, including parks, playgrounds, and walking paths, ensuring there's always something to do for residents of all ages. With easy access to major transportation routes, LRT, shopping centers, schools, and recreational facilities, this unit offers the perfect combination of convenience and tranquility. Don't miss the opportunity to make this bright and beautiful unit your new home. More detailsListed by Skyrock- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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121 Arbour Lake Court NW in Calgary: Arbour Lake Row/Townhouse for sale : MLS®# A2188332
121 Arbour Lake Court NW Arbour Lake Calgary T3G 2L4 $632,777.25Residential- Status:
- Active
- MLS® Num:
- A2188332
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,514 sq. ft.141 m2
Step into a new chapter of life with the Metro Tailored 18, a canvas for your dreams and aspirations. Whether you're embarking on a career, venturing into homeownership, or seeking to right-size, this townhome offers affordability and flexibility, opening doors to endless possibilities. Experience the true essence of homeownership with three floors of living space, oversized windows, beautiful finishes and an awesome location this townhome sets the stage for your next chapter. Indulge in the thoughtful features, from the spacious patio and expansive kitchen island to the versatile corner flex area and convenient upper floor laundry facilities. With three bedrooms, ample storage space, and a double car garage, this townhome is designed to meet the needs of modern living while allowing you to create your masterpiece. Located in one of Calgary’s Best neighbourhoods Arbour Lake has is it all! A pristine lake brimming with rainbow trout, neighbourhood parks, spectacular mountain views, a regional bike and walkway path carved through rolling hills. Swimming, boating, fishing, ice skating, community events and much more. Your activities are only limited by your imagination. As Northwest Calgary’s only lake community, Arbour Lake offers a quality of living that is truly unparalleled. Photos are representative of the property being built. More detailsListed by KIC Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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28 Arbour Ridge Place NW in Calgary: Arbour Lake Detached for sale : MLS®# A2212961
28 Arbour Ridge Place NW Arbour Lake Calgary T3G 3Z1 $654,900Residential- Status:
- Active
- MLS® Num:
- A2212961
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,612 sq. ft.150 m2
Charming 4-Bedroom Home in Arbour Lake , Quiet Cul-de-Sac ,Lake Access! Fresh painted through the whole house, 2020 Hot water tank and 2025 Pilot for furnace. Welcome to this superb 4-bedroom, 3.5-bathroom family home nestled in the highly sought-after Arbour Lake community. Located on a quiet cul-de-sac in a friendly and respectful neighborhood, this home offers the perfect blend of comfort, functionality, and convenience. The main level features a bright and open layout with beautiful flooring that flows seamlessly throughout the home. The fully equipped kitchen is a true highlight, offering ample space for cooking and entertaining. Enjoy your morning coffee in the sunlit bay window breakfast nook, which overlooks the spacious back deck and low-maintenance landscaped yard—perfect for relaxing or hosting gatherings. Upstairs, you'll find three generously sized bedrooms, including a large master retreat complete with a luxurious ensuite bath and soaker tub. The fully finished basement offers a versatile space that can be used as a games room, home theatre, or rec room, and includes a fourth bedroom—ideal for guests or a private office. This property sits on a flat lot and is perfectly positioned just 5 minutes by car or 30 minutes on foot to Arbour Lake, where you'll enjoy year-round lake privileges. Commuting is a breeze with easy access to the LRT, and you're within minutes of Crowfoot Centre, with shopping, dining, and a movie theatre at your fingertips. Local favorite Chianti's Restaurant is also nearby. Whether you're looking for comfort, location, or lifestyle, this Arbour Lake gem has it all. Don’t miss your chance—book your showing today and discover all this home has to offer! More detailsListed by Homecare Realty Ltd.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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71 Arbour Wood Close NW in Calgary: Arbour Lake Detached for sale : MLS®# A2196113
71 Arbour Wood Close NW Arbour Lake Calgary T3G 4A8 $749,000Residential- Status:
- Active
- MLS® Num:
- A2196113
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,188 sq. ft.110 m2
Fully Updated Bungalow in Arbour Lake with almost $200,000 in Recent Upgrades. Located in Calgary’s only NW lake community, this executive bungalow shows like a showhome (10/10) and offers extensive renovations and a move-in ready, low-maintenance lifestyle in a quiet, well-connected neighborhood. The home has undergone extensive renovation and upgrades since 2016, including a NEW ROOF, NEW SIDING, HIGH-EFFICIENCY FURNACE & HOT WATER TANK, and FULL POLY B WATER LINE REPLACEMENT. The garage features a new insulated door, 240V power, and heating. Inside, the FULLY RENOVATED KITCHEN includes granite countertops, custom cabinetry, a large island, and modern finishes. The main level boasts oak hardwood flooring, while the basement features TWO BEDROOMS, cork flooring, a wet bar, and a travertine walk-in shower. The master ensuite and half bath have been fully upgraded to a stunning oasis-like retreat. The exterior is fully landscaped with fruit trees and features a pressure-treated rear deck and a front aluminum deck. The large private backyard is ideal for entertaining, and a storage shed is included. Arbour Lake residents enjoy private lake access with year-round recreation, including fishing, swimming, skating, and community events. The home is minutes from schools, shopping, LRT, parks, and major roadways. This home offers modern updates, energy-efficient systems, and premium features at a price well below the cost to buy and renovate. Don’t miss out – schedule your private showing today! More detailsListed by RE/MAX iRealty Innovations- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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68 Arbour Crest Court NW in Calgary: Arbour Lake Detached for sale : MLS®# A2208014
68 Arbour Crest Court NW Arbour Lake Calgary T3G 4T5 $835,000Residential- Status:
- Active
- MLS® Num:
- A2208014
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,941 sq. ft.180 m2
Tucked away in a quiet cul-de-sac and siding onto a green space & walking path, is this beautifully maintained 2-storey home in one of Calgary’s most sought-after lake communities – Arbour Lake. With top-rated schools, shopping, transit, and exclusive lake access just minutes away, this home offers the perfect setting for family living. The main floor features a bright, spacious living room with corner gas fireplace (sold as is), ideal for relaxing evenings or hosting guests. A large window with a solar shade floods the space with natural light, making it the perfect spot to unwind. Adjacent to the living room is a welcoming dining area and a thoughtfully designed kitchen that blends function with style. You’ll love the quartz countertops, central kitchen island with seating, chef’s sink with pearl faucet, extended cabinetry, pantry, updated fridge, and newer Miele dishwasher—perfect for both everyday meals and entertaining. A convenient laundry area and stylish half bath complete the main level. Upstairs, you’ll find 3 comfortable bedrooms and two full bathrooms, including a serene primary suite with a four-piece ensuite and walk-in closet. The bonus room (or could easily be a 4th bedroom) features custom floor-to-ceiling built-in cabinetry, also making it ideal for a playroom, home office, or media space. The fully finished basement offers a spacious rec room, a den, an additional 3-piece bathroom, and a bedroom (window not to egress) that can easily be used as an exercise room or flex room. There's also massive storage space under the stairs. Step outside to a beautifully landscaped backyard oasis. The low-maintenance yard includes a durable PVC deck with a remote-controlled custom awning, irrigation system, Swedish Aspens, a stunning retaining wall, and hot/cold outdoor taps—perfect for year-round enjoyment. The exposed aggregate path leads to a charming front porch with custom railings and a striking front door. The stucco has been redone, giving the exterior a fresh, modern look. This home is packed with upgrades: all main and upper windows were replaced in 2020 with Ecoline triple-glazed units featuring sunshield protection. Electric autoshades enhance the stairway landing, and custom blinds are installed throughout. You’ll also enjoy central air conditioning, central vacuum, hot water on demand, water softener, sump pump, and no Poly B plumbing. Set on a private lot next to green space and walking paths, this home also offers views of the city skyline and mountains. As a resident of Arbour Lake, you’ll enjoy access to the beach, tennis courts, fishing, paddleboarding, firepit for family gatherings, fishing (they stock the lake with trout) & canoes -and spectacular New Years fireworks! Plus Arbour Lake has all levels of schools! You have Crowfoot shopping, YMCA, public library, ball diamonds and more within the community. This is the perfect blend of comfort, style, and location—don’t miss your chance to make this exceptional property your forever home. More detailsListed by Royal LePage Benchmark- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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140 Arbour Butte Road NW in Calgary: Arbour Lake Detached for sale : MLS®# A2210951
140 Arbour Butte Road NW Arbour Lake Calgary T3G 4N6 $849,900Residential- Status:
- Active
- MLS® Num:
- A2210951
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 2,111 sq. ft.196 m2
RENEWED, REFRESHED AND REVITALIZED! FABULOUS 2-storey home with TRADITIONAL MAIN FLOOR LAYOUT OFFERING SEPARATE FORMAL LIVING AND DINING ROOMS, GREAT ROOM WITH OPEN-TO-ABOVE CEILING, GENEROUS KITCHEN WITH CORNER PANTRY, AND LOTS OF LARGE WINDOWS ALLOWING NATURAL SUNLIGHT TO PERMEATE INTO THIS HOME! This GORGEOUS home has been freshly painted, and has new quartz countertops in the kitchen and bathrooms, completed basement with 3-piece bath, bedroom and room for family recreation. Double Attached garage, fully fenced and landscaped, and sits on a corner so you HAVE ACCESS FOR RV PARKING AT THE REAR! All of this wonder sits in one of the MOST DESIREABLE LAKE COMMUNITIES IN NW CALGARY! More detailsListed by RE/MAX Real Estate (Central)- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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18 Arbour Butte Place NW in Calgary: Arbour Lake Detached for sale : MLS®# A2202258
18 Arbour Butte Place NW Arbour Lake Calgary T3G 4N5 $1,055,000Residential- Status:
- Active
- MLS® Num:
- A2202258
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 2,353 sq. ft.219 m2
Welcome to beautiful community of Arbour Lake, beautiful home nestled in Cul-de-sac with amazing view of green space with walking path. Huge lot, Pie shaped back yard which you can turn into anything. 2 Storey home with 2353sqft of living space above ground plus 1068sqft of living space in fully developed walk-out basement. Recently renovated flooring in upper floor, office, stairs and basement, New window coverings in first and second floor (2024), Recently renovated kitchen, deck and recently installed dishwasher and hot water tank. Main floor and walk out basement both have largely built deck to enjoy the activities from backyard and enjoy the view. Walk-out basement with in-floor heating to make your home warm during the winter. East facing back yard give plenty of sun shine, there is also green house in the back yard. You can even enjoy the view from the master bedroom and the bonus room upstairs. This beautiful community of Arbour Lake has it all - Lake, Crowfoot shopping, C-train, school, Library, etc. More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email