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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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ElboyaCity CentreCalgary
Calgary homes for sale by Neighbourhood
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4220 Elbow Drive SW in Calgary: Elboya Residential Land for sale : MLS®# A2227299
4220 Elbow Drive SW Calgary T2S 2K4 
$999,000Land- Status:
- Active
- MLS® Num:
- A2227299
**Extraordinary Location! A Rare Opportunity** Build your dream home on this private and secluded 10,053 sq. ft. end lot, perched on the ridge of the Landsdowne escarpment in Elboya, one of Calgary’s most desirable inner-city communities. This premium lot offers unobstructed views of the city skyline, surrounded by mature trees for privacy. An approved development permit for a 4,160 sq. ft. luxury residence is included, saving you time and money allowing you the potential to start building right away. The north-facing home is designed to capture incredible views while bordering a city park. It features four bedrooms on the top floor and a Nanny/Mother-In-Law Suite on the main floor. The home boasts cathedral ceilings in the entrance, formal dining room, loft, and primary bedroom, a butler’s pantry, and laundry facilities on both the main floor and primary ensuite. The 4-car garage has high ceilings for a golf simulator, and the expansive basement includes a studio/workshop with a separate heating system. The basement also offers a theatre room, entertainment space, bar, wine room, wet/dry sauna, exercise room, and two additional bedrooms. Outdoor living is highlighted by a covered 6-foot wrap-around deck and a 20x20 raised deck with stunning city views. Access is via a paved back lane next to walking trails and an off-leash dog park. Minutes from downtown, the Elbow River pathways, Stanley Park, top schools, shopping, and recreational facilities like the Glencoe Club and Calgary Golf and Country Club, this location is perfect for luxury living. With Enmax hook-up proposals ready for approval and all Building Permit drawings prepared, this home is designed for energy efficiency with double 2x4 wall construction. Don’t miss out on this incredible opportunity—contact us today for more information! More detailsListed by Seller Direct Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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420 49 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2253807
420 49 Avenue SW Calgary T2A 1G2
$2,650,000Residential- Status:
- Active
- MLS® Num:
- A2253807
- Bedrooms:
- 6
- Bathrooms:
- 6
- Floor Area:
- 3,617 sq. ft.
Exquisite Custom Home in the Heart of Elboya. Welcome to an unparalleled offering in the prestigious community of Elboya—an architecturally significant, custom-built residence that seamlessly blends timeless elegance with modern sophistication. Designed by renowned Vancouver architect Alex Voth in collaboration with esteemed interior designer Paul Lavoie, this masterfully curated home showcases over 5,200 sq ft of luxurious living space across three levels. Set on an expansive lot just minutes from downtown Calgary and steps from the shops and amenities of Britannia, this property offers the rare combination of inner-city convenience and refined residential living. From the moment you enter, you are greeted by a classic centre hall plan that exudes elegance and balance. The formal living and dining rooms are perfect for entertaining, while the light-filled office near the entry provides a serene workspace. At the heart of the home lies a chef’s kitchen featuring premium appliances, bespoke cabinetry, and luxurious finishes—flowing seamlessly into a warm and inviting family room. The upper level hosts four generously sized bedrooms, including a lavish primary suite with a spa-inspired ensuite and thoughtfully designed walk-in closet. The lower level is equally impressive, offering a large recreation space, additional bedrooms, and a unique second basement beneath the garage—constructed with a suspended slab and radiant in-floor heating. This extraordinary flex space is ideal for a private gym, studio, workshop, or seasonal storage. Every detail in this residence speaks to its superior craftsmanship and design integrity—offering understated luxury in one of Calgary’s most desirable neighbourhoods. This is a rare opportunity to acquire a truly one-of-a-kind home in Elboya—where architectural pedigree meets lifestyle excellence. More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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625 Britannia Drive SW in Calgary: Elboya Detached for sale : MLS®# A2215059
625 Britannia Drive SW Calgary T2S 1J2
$2,990,000Residential- Status:
- Active
- MLS® Num:
- A2215059
- Bedrooms:
- 4
- Bathrooms:
- 7
- Floor Area:
- 4,634 sq. ft.
A Car Lover’s Dream in the Heart of Elboya! Located on prestigious Britannia Drive, this exquisitely designed home offers over 4,600 sqft of above-ground living space, plus a fully developed basement. Every detail has been carefully curated to blend elegance, functionality, & luxury. Step through the artist-crafted oversized stainless steel door, & you're welcomed into a breathtaking main floor bathed in natural light from expansive rear-facing windows. Designed for entertaining, this level showcases brushed hardwood floors, exposed timber beams, recessed ceiling lighting, & a gourmet chef’s kitchen that is both stunning and highly functional. High-end appliances include three fridges, three ovens, two microwaves, a gas range, & a butler’s pantry with a stand-up freezer, ensuring effortless hosting. Upstairs, the primary suite is a private sanctuary, featuring a spa-inspired ensuite with his-and-hers sinks, a steam shower, and his-and-hers custom walk-in closets, plus a private balcony. The two additional bedrooms each have their own ensuite bathrooms & spacious walk-in closets, offering both comfort & privacy. Down the hallway, a secondary living area with a floor-to-ceiling fireplace leads to the front balcony, where you’ll enjoy an awesome view of downtown. The fully developed basement is an entertainer’s dream, featuring in-slab heated floors, a temperature-controlled glass & stone wine room, a wet bar, and a spacious open living area. The fourth bedroom is designed for versatility, complete with a full kitchen, laundry, and private bath, making it an ideal space for a live-in nanny, guests, or multi-generational living. The top floor offers a unique multi-purpose space, featuring a family/media room, built-in bar, and Murphy bed desk, making it perfect for a home office, playroom, or additional guest accommodations. Step outside to the south-facing backyard, where a multi-level deck, newly added quality turf, and a built-in BBQ area provide the perfect setting for outdoor entertaining. Additional highlights include custom millwork and built-in shelving throughout, three fireplaces, custom concrete stair treads, a paved back alley, a mudroom with built-in lockers and barn doors, and a hidden kids’ loft above the laundry room, creating the perfect secret hideaway or reading nook. For the automotive enthusiast, the triple-car tandem garage is fully heated and features two car lifts, accommodating five vehicles inside plus two additional spots on the driveway—a rare find in this prestigious neighborhood. Designed by Park Haven Designs, this residence is nestled in Elboya, one of Calgary’s most sought-after communities. Just moments from Elbow River Pathways, the off-leash park, The Glencoe Club, Calgary Golf & Country Club, top-rated schools, shops, and downtown’s vibrant entertainment district. Fine dining, boutique shopping, cafés, and fitness facilities are all nearby. Rare opportunity to own a masterfully designed , feature-rich estate in a premier location More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
