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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.

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

Unlock Your Calgary Dream Home: Explore Listings by Price Range 

Under $300,000 $800,000 - $900,000 $300,000 - $400,000 $900,000 - $1,000,000 $400,000 - $500,000 $1,000,000 $500,000 - $600,000 Calgary new listings $600,000 - $700,000 Calgary new build homes for sale $700,000 - $800,000 

Find Your Perfect Home in Calgary: 3 to 8 Bedroom Homes

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4 Bedroom Homes Calgary 6 Bedroom Homes Calgary 8 Bedroom Homes Calgary


Get in Touch with Diane Richardson – Your Trusted Calgary Real Estate Professional

Looking to chat about a property or have questions about buying or selling in Calgary? Diane Richardson is ready to help! Friendly, knowledgeable, and responsive—Diane is committed to making your real estate experience smooth and enjoyable.

Easy Online Contact Form

Simply head to Diane’s convenient online contact form. Provide your name, email, and message, and include any property addresses or MLS® numbers you're curious about. Diane will respond swiftly, ensuring you get all the answers you need!

Call Diane Directly

Prefer a direct conversation? No problem! Just call Diane at 403.397.3706. She's always happy to answer your questions or arrange viewings at your convenience.

Send an Email

Want to connect via email? Reach Diane directly at Diane@Mypadcalgary.com. She'll gladly provide additional information, answer your questions, and assist with your real estate journey.

Don't hesitate—reach out today and experience stress-free, professional guidance from Diane Richardson!

Calgary homes for sale under $500,000-Calgary properties under $500KDover

Vulcan County acreages for sale

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  • 200 2 Street S: Lomond Residential Land for sale : MLS®# A2138950

    200 2 Street S Lomond Lomond T0L 1G0
    Main Photo: 200 2 Street S: Lomond Residential Land for sale : MLS®# A2138950

    200 2 Street S Lomond T0L 1G0 Lomond

    $18,000
    Land
    Status:
    Active
    MLS® Num:
    A2138950
    Home has been moved off of lot waiting for new pictures! Embrace the charm of small town living with this exclusive opportunity nestled in the heart of Lomond. This 120' x 50' available vacant lot serviced for water and sewer up to the property line, awaits your vision. Lomond offers a lifestyle with stunning natural beauty including the nearby Little Bow Provincial Park and McGregor Lake. The close-knit community fosters a sense of belonging where the slower pace of life allows for a peaceful living experience. Residents enjoy the convenience of essential services including a kindergarten to grade 12 school, a library, a newly built rink, a grocery and hardware store, as well as a restaurant that’s been recently renovated. A broader range of amenities nearby towns or cities may be accessed such as a hospital in Vulcan approximately 30 minutes away and everything else offered in the City of Lethbridge only 1 hour away. It's important to note that the appeal of living in Lomond often lies in its simplicity and the opportunity to experience a more tranquil life. Seize this chance to create your haven in Lomond where small lots hold big dreams. Call your realtor today for more information! More details
    Listed by RE/MAX REAL ESTATE - LETHBRIDGE
    LISTING DETAILS
    DIANE RICHARDSON

  • 314 Whispering Way: Vulcan Residential Land for sale : MLS®# A2192732

    314 Whispering Way Vulcan Vulcan T0L 2B0
    Main Photo: 314 Whispering Way: Vulcan Residential Land for sale : MLS®# A2192732

    314 Whispering Way Vulcan T0L 2B0 Vulcan

    $20,000
    Land
    Status:
    Active
    MLS® Num:
    A2192732
    Welcome to Whispering Creek Condominiums in the golf community of Whispering Creek, Vulcan, an exclusive adult (55+) community. Say goodbye to cutting grass and shoveling snow as your condo fees look after those chores. No commitment to start building and $30 per month covers maintenance on the vacant lot. Vulcan is conveniently located 1 hour from Calgary or Lethbridge but with a hospital, golf course, shopping, medical services, you might never need to leave town! Backyard faces south. GST is applicable More details
    Listed by RE/MAX Complete Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 431 2 Avenue NE: Vulcan Industrial Land for sale : MLS®# A1259552

    431 2 Avenue NE Vulcan Vulcan T0L 2B0
    Main Photo: 431 2 Avenue NE: Vulcan Industrial Land for sale : MLS®# A1259552

    431 2 Avenue NE Vulcan T0L 2B0 Vulcan

    $24,200
    Land
    Status:
    Active
    MLS® Num:
    A1259552
    Industrial lot for sale in the Town of Vulcan Industrial Subdivision. Here is an opportunity to purchase one, or more, industrial lots, at an affordable price to se up your business. Term of sale - within 12 months from the closing date, a development agreement is to be completed, and construction on the property shall commence within 12 months of the date of the execution of the development agreement. More details
    Listed by Magnuson Realty Ltd
    LISTING DETAILS
    DIANE RICHARDSON

  • 182 2 Street NE: Vulcan Industrial Land for sale : MLS®# A1259555

    182 2 Street NE Vulcan Vulcan T0L 2B0
    Main Photo: 182 2 Street NE: Vulcan Industrial Land for sale : MLS®# A1259555

    182 2 Street NE Vulcan T0L 2B0 Vulcan

    $24,200
    Land
    Status:
    Active
    MLS® Num:
    A1259555
    Industrial lot for sale in the Town of Vulcan Industrial Subdivision. Here is an opportunity to purchase one, or more industrial lots, at an affordable price to set up your business. Term of sale - within 12 months from the closing date, a development agreement is to be completed, and construction on the property shall commence within 12 months of the date of the execution of the development agreement. More details
    Listed by Magnuson Realty Ltd
    LISTING DETAILS
    DIANE RICHARDSON

  • 100 McGregor Close: Milo Residential Land for sale : MLS®# A2189940

    100 McGregor Close Milo Milo T0L 1L0
    Main Photo: 100 McGregor Close: Milo Residential Land for sale : MLS®# A2189940

    100 McGregor Close Milo T0L 1L0 Milo

    $25,300
    Land
    Status:
    Active
    MLS® Num:
    A2189940
    Check out your opportunity to escape the city and build your dream home! This affordable lot is just over an hour away from Calgary and only 5 minutes away from Lake McGregor where you can enjoy sailing, wind surfing, water skiing, boating and fishing are popular activities. Enjoy a slower pace of life. Milo offers a grocery store, restaurant, bar, Alberta Treasury Branch, K-9 school, curling rink, community hall as well as a 24 hour access Cardlock fuel station and a number of other businesses. Take a look today and imagine the possibilities. More details
    Listed by CIR Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 111 2 Street NE: Vulcan Industrial Land for sale : MLS®# A1259557

    111 2 Street NE Vulcan Vulcan T0L 2B0
    Main Photo: 111 2 Street NE: Vulcan Industrial Land for sale : MLS®# A1259557

    111 2 Street NE Vulcan T0L 2B0 Vulcan

    $27,500
    Land
    Status:
    Active
    MLS® Num:
    A1259557
    Industrial lot for sale in the Town of Vulcan Industrial Subdivision. Here is an opportunity to purchase one, or more industrial lots, at an affordable price to set up your business. Term of sale - within 12 months from the closing date, a development agreement is to be completed, and construction on the property shall commence within 12 months of the date of the execution of the development agreement. More details
    Listed by Magnuson Realty Ltd
    LISTING DETAILS
    DIANE RICHARDSON

  • 131 2 Street NE: Vulcan Industrial Land for sale : MLS®# A1259560

    131 2 Street NE Vulcan Vulcan T0L 2B0
    Main Photo: 131 2 Street NE: Vulcan Industrial Land for sale : MLS®# A1259560

    131 2 Street NE Vulcan T0L 2B0 Vulcan

    $29,700
    Land
    Status:
    Active
    MLS® Num:
    A1259560
    Industrial lot for sale in the Town of Vulcan Industrial Subdivision. Here is an opportunity to purchase one, or more industrial lots, at an affordable price to set up your business. Term of sale - within 12 months from the closing date, a development agreement is to be completed, and construction on the property shall commence within 12 months of the date of the execution of the development agreement. More details
    Listed by Magnuson Realty Ltd
    LISTING DETAILS
    DIANE RICHARDSON

  • 172 1 Street NE: Vulcan Industrial Land for sale : MLS®# A1259562

    172 1 Street NE Vulcan Vulcan T0L 2B0
    Main Photo: 172 1 Street NE: Vulcan Industrial Land for sale : MLS®# A1259562

    172 1 Street NE Vulcan T0L 2B0 Vulcan

    $29,700
    Land
    Status:
    Active
    MLS® Num:
    A1259562
    Industrial lot for sale in the Town of Vulcan Industrial Subdivision. Here is an opportunity to purchase one, or more industrial lots, at an affordable price to set up your business. Term of sale - within 12 months from the closing date, a development agreement is to be completed, and construction on the property shall commence within 12 months of the date of the execution of the development agreement. More details
    Listed by Magnuson Realty Ltd
    LISTING DETAILS
    DIANE RICHARDSON

  • 152 1 Street NE: Vulcan Industrial Land for sale : MLS®# A1259572

    152 1 Street NE Vulcan Vulcan T0L 2B0
    Main Photo: 152 1 Street NE: Vulcan Industrial Land for sale : MLS®# A1259572

    152 1 Street NE Vulcan T0L 2B0 Vulcan

    $29,700
    Land
    Status:
    Active
    MLS® Num:
    A1259572
    Industrial lot for sale in the Town of Vulcan Industrial Subdivision. Here is an opportunity to purchase one, or more industrial lots, at an affordable price to set up your business. Term of sale - within 12 months from the closing date, a development agreement is to be completed, and construction on the property shall commence within 12 months of the date of the execution of the development agreement. More details
    Listed by Magnuson Realty Ltd
    LISTING DETAILS
    DIANE RICHARDSON

  • 151 2 Street NE: Vulcan Industrial Land for sale : MLS®# A1259573

    151 2 Street NE Vulcan Vulcan T0L 2B0
    Main Photo: 151 2 Street NE: Vulcan Industrial Land for sale : MLS®# A1259573

    151 2 Street NE Vulcan T0L 2B0 Vulcan

    $29,700
    Land
    Status:
    Active
    MLS® Num:
    A1259573
    Industrial lot for sale in the Town of Vulcan Industrial Subdivision. Here is an opportunity to purchase one, or more industrial lots, at an affordable price to set up your business. Term of sale - within 12 months from the closing date, a development agreement is to be completed, and construction on the property shall commence within 12 months of the date of the execution of the development agreement. More details
    Listed by Magnuson Realty Ltd
    LISTING DETAILS
    DIANE RICHARDSON

  • 101 1 Avenue NE: Vulcan Industrial Land for sale : MLS®# A1259580

    101 1 Avenue NE Vulcan Vulcan T0L 2B0
    Main Photo: 101 1 Avenue NE: Vulcan Industrial Land for sale : MLS®# A1259580

    101 1 Avenue NE Vulcan T0L 2B0 Vulcan

    $30,800
    Land
    Status:
    Active
    MLS® Num:
    A1259580
    Large corner industrial lot for sale in the Town of Vulcan Industrial Subdivision. Here is an opportunity to purchase one, or more industrial lots, at an affordable price to set up your business. Term of sale - within 12 months from the closing date, a development agreement is to be completed, and construction on the property shall commence within 12 months of the date of the execution of the development agreement. More details
    Listed by Magnuson Realty Ltd
    LISTING DETAILS
    DIANE RICHARDSON

  • 112 McGregor Close: Milo Residential Land for sale : MLS®# A2189941

    112 McGregor Close Milo Milo T0L 1L0
    Main Photo: 112 McGregor Close: Milo Residential Land for sale : MLS®# A2189941

    112 McGregor Close Milo T0L 1L0 Milo

    $30,800
    Land
    Status:
    Active
    MLS® Num:
    A2189941
    Escape the city and build your dream home or a getaway on a huge affordable 0.3756 acre lot! The Village of Milo is just over an hour away from the city and only 5 minutes from Lake McGregor where Sailing, wind surfing, water skiing, canoeing and fishing are popular activities. Enjoy a slower pace of life. Milo offers a grocery store, restaurant, bar, Alberta Treasury Branch, K-9 school, curling rink, community hall as well as a 24 hour access Cardlock fuel station and a number of other businesses. Take a look today and imagine the possibilities. More details
    Listed by CIR Realty
    LISTING DETAILS
    DIANE RICHARDSON
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Data was last updated April 6, 2025 at 04:05 AM (UTC)
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.