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Affordable Calgary Homes for Sale Under $500,000 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.

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Calgary homes for sale under $500,000-Calgary properties under $500KDeer Ridge
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5113 17 Avenue NW
Montgomery Calgary T3B 0P8

$1,800,000
Land

Main Photo: 5113 17 Avenue NW in Calgary: Montgomery Residential Land for sale : MLS®# A2232780
Status:
Active
Prop. Type:
Land
MLS® Num:
A2232780
This lot is 8890sqft +/- it lends itself to be a great redevelopment potential for up to 20 units with underground parking; This property has an estimated income of $7000/month before expenses. Montgomery is a vibrant community that is changing; there are numerous new redevelopments throughout this community and still has a lot of growth potential due to the location; close to DT and all direct throughfares.
Property Type:
Land
Property Sub Type:
Residential Land
Condo Type:
Not a Condo
Transaction Type:
For Sale
Lot Area:
8,890 sq. ft.
Bathrooms:
- (Full:-, Half:-)
Plan:
7546FN
Ensuite:
No
Garage:
No
Montgomery
N/A
None Known, Restrictive Covenant
Title to Land:
Fee Simple
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
R-CG
Listed Date:
Jun 20, 2025
  • Photo 1: 5113 17 Avenue NW in Calgary: Montgomery Residential Land for sale : MLS®# A2232780
    Photo 1 of 1
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Listed by Royal LePage Solutions
Data was last updated August 17, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
88
Avg list price:
$1,237,500
Min list price:
$149,900
Max list price:
$22,200,000
Avg days on market:
91
Min days on market:
3
Max days on market:
2,937
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations. This data is not produced by the MLS® system.
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DIANE RICHARDSON
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.