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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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Get in Touch with Diane Richardson – Your Trusted Calgary Real Estate Professional
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Alberta New Listings
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117 Elevator Lane: Cereal Detached for sale : MLS®# A2257171
117 Elevator Lane Cereal Cereal T0J 0N0 $25,000Residential- Status:
- Active
- MLS® Num:
- A2257171
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 960 sq. ft.89 m2
This property is being sold for lot value only. There is an older mobile on the property with no warranties on condition or if it can be made livable More detailsListed by Harvest Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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207 7 Clearwater Crescent: Fort McMurray Apartment for sale : MLS®# A2260004
207 7 Clearwater Crescent Fort McMurray Fort McMurray T9H 3Z9 $40,000Residential- Status:
- Active
- MLS® Num:
- A2260004
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 469 sq. ft.44 m2
Welcome to this affordable bachelor studio offering the perfect opportunity to either step into homeownership or grow your real estate investment portfolio. With the option to join a rental pool and professional property management, including on-site security in the evenings, you can enjoy peace of mind whether living in or renting out. The open-concept layout maximizes space, featuring a bright kitchen, dining, and living area that flows seamlessly into a spacious bedroom nook. A walk-through closet with extra storage leads to a full 4-piece bathroom, while additional closets at the entry add everyday convenience. This unit is ideally located across from the laundry room and positioned on the quieter backside of the building for added privacy. Enjoy a central location just steps to shopping, groceries, restaurants, parks, trails, and transit. Condo fees include several convenient services, making this property easy to maintain and enjoy. Whether you’re looking for an affordable place to call home or an investment with great potential, this unit checks all the boxes. Some photos have been virtually staged More detailsListed by ROYAL LEPAGE BENCHMARK- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1106 13221 Macdonald Drive: Fort McMurray Apartment for sale : MLS®# A2252736
1106 13221 Macdonald Drive Fort McMurray Fort McMurray T9H 4H4 $44,900Residential- Status:
- Active
- MLS® Num:
- A2252736
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 509 sq. ft.47 m2
Welcome to this well-maintained 1-bedroom condo located in a solid concrete building right in the heart of downtown! Whether you're a first-time buyer or savvy investor, this unit offers excellent rental potential with its unbeatable location just steps from shops, restaurants, and city amenities. Enjoy a large private deck, perfect for relaxing or entertaining, and take advantage of the onsite gym and secure building features. Low-maintenance living in a building known for its quality construction and convenience—this is downtown living done right! More detailsListed by EXP REALTY- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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218 14921 Macdonald Drive: Fort McMurray Apartment for sale : MLS®# A2252700
218 14921 Macdonald Drive Fort McMurray Fort McMurray T9H 4H3 $45,000Residential- Status:
- Active
- MLS® Num:
- A2252700
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 900 sq. ft.84 m2
Looking for a smart investment or a future home in the heart of Fort McMurray? This two-bedroom, one-bath condo in the downtown neighbourhood has everything you need to keep life simple, connected, and low-stress. The location? Prime. Schools, parks, shopping, and MacDonald Island Park are all close by, so whether you’re walking to grab a coffee, catching a game, or heading out for a riverfront run, your options are wide open. Inside, you’ll find two comfortable bedrooms, including a primary bedroom with room for that big bed you’ve been eyeing and a full bathroom that gets the job done without fuss. The living space is bright, practical, and surprisingly roomy, with enough square footage to entertain friends or just sprawl out after a long day. Now let’s talk numbers. This condo is currently rented for $1,250 per month, with a tenant lease secured until February 28, 2027. Condo fees are $748.83, covering the essentials that keep the property well-maintained, so you don’t have to sweat the details. Whether you’re an investor looking to lock down a reliable rental or planning ahead for your own downtown lifestyle, this property checks all the right boxes. Be sure to check out the detailed floor plans in the photos so you can see every sink, shower and counter in the home. Are you ready to say yes to this address? More detailsListed by RE/MAX Connect- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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7 305 5 Street: Wainwright Row/Townhouse for sale : MLS®# A2256261
7 305 5 Street Wainwright Wainwright T9W 1A4 $48,000Residential- Status:
- Active
- MLS® Num:
- A2256261
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 889 sq. ft.83 m2
Affordable condo living in the Town of Wainwright. Opportunity to own your own property or to invest in a potential income property. This 2 bedroom / 1 bathroom home is located just steps from the Wainwright Multiplex - why rent when you can own! More detailsListed by COLDWELLBANKER HOMETOWN REALTY- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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149 Clausen Crescent: Fort McMurray Detached for sale : MLS®# A2256718
149 Clausen Crescent Fort McMurray Fort McMurray T9K 2H8 $49,000Residential- Status:
- Active
- MLS® Num:
- A2256718
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,616 sq. ft.150 m2
Located in Cartier Park, this 1616 ft² mobile sits on a 4,547 ft² lot and offers a rare opportunity for those looking to take on a project. The home has been stripped down to the framing, offering a clean slate for a full redesign to your exact specifications. Whether you're looking to renovate, or start fresh, this property is priced for the work required/land value and is ideal for someone with vision and the resources necessary. Enjoy a central location close to bus stops, schools, shopping, parks, and Fort McMurray’s beautiful walking and biking trails. More detailsListed by COLDWELL BANKER UNITED- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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211 14921 Macdonald Drive: Fort McMurray Apartment for sale : MLS®# A2254882
211 14921 Macdonald Drive Fort McMurray Fort McMurray T9H 4H3 $49,900Residential- Status:
- Active
- MLS® Num:
- A2254882
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 904 sq. ft.84 m2
Investor Alert! This spacious 2-bedroom condo is priced under $50,000 and offers incredible value. Featuring all brand-new vinyl flooring throughout, a bright white kitchen, and a massive balcony perfect for outdoor enjoyment, this home is move-in ready. Currently tenant-occupied, it’s an ideal investment property with rental income already in place. Residents of this well-managed building enjoy access to an on-site gym, while being just minutes from downtown amenities, MacDonald Island, shopping, and more. Don’t miss this affordable opportunity in the heart of the city! More detailsListed by EXP REALTY- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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306 5317 6 Avenue: Edson Apartment for sale : MLS®# A2252577
306 5317 6 Avenue Edson Edson T7E 1P7 $54,900Residential- Status:
- Active
- MLS® Num:
- A2252577
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 526 sq. ft.49 m2
One bedroom condo with balcony at a great price. Perfect for investor looking for stable long-term tenant in rental pool. Great location close to schools, parks, trails, and shopping/dining. More detailsListed by CENTURY 21 TWIN REALTY- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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104 13221 Macdonald Drive: Fort McMurray Apartment for sale : MLS®# A2252740
104 13221 Macdonald Drive Fort McMurray Fort McMurray T9H 4H4 $55,000Residential- Status:
- Active
- MLS® Num:
- A2252740
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 510 sq. ft.47 m2
RENOVATED UNIT! Photos are from November 2024 before it was rented. If you’ve been waiting for the perfect mix of location, value, and investment potential, your search might just end here. This one-bedroom, one-bath condo in the heart of downtown Fort McMurray checks boxes you didn’t even know you had. The location is spot on. Schools, parks, shopping and MacDonald Island Park are all within easy reach. That means you are never far from groceries, green space or a Saturday night hockey game. Convenience level high. Step inside and you’ll see how smartly the space is used. The primary bedroom is comfortable, the bathroom is functional with a tub for bubble-bath nights, and the living area feels bright and inviting. The kitchen is ready for everything from quick weeknight meals to your most ambitious cooking experiments, midnight nachos included. Investors will appreciate the details. The unit is rented for $1,150 a month with a lease secured until May 31, 2026. Condo fees are $442.50 which keeps upkeep simple and stress levels low. Whether you are buying as an investment or planning to move in down the road, this condo is an affordable entry point into Fort McMurray’s downtown lifestyle. Be sure to check out the 360 tour and detailed floor plans in the photos so you can see every sink, shower and counter in the home. Are you ready to say yes to this address? More detailsListed by RE/MAX Connect- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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115 111 Charles Avenue: Fort McMurray Apartment for sale : MLS®# A2253594
115 111 Charles Avenue Fort McMurray Fort McMurray T9H 1R3 $55,000Residential- Status:
- Active
- MLS® Num:
- A2253594
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 776 sq. ft.72 m2
If you're just starting out, need a spot for a few nights a month or you are just sick of renting and want to own something, this is the perfect opportunity to get in the real estate market. This Unit features a large living room/den area, dining room, galley kitchen with newer counter tops and cupboards, large storage, 2 good size bedrooms and large 4 pce bathroom. If you're an investor these units rent for around $1250 per month and are always in demand. Its a 5 minute walk to Superstore, Freshco, Peter Pond Mall and Tim Hortons. This unit is in the heart of it all. More detailsListed by RE/MAX Connect- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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110 11 Clearwater Crescent: Fort McMurray Apartment for sale : MLS®# A2260741
110 11 Clearwater Crescent Fort McMurray Fort McMurray T9H 2B7 $57,500Residential- Status:
- Active
- MLS® Num:
- A2260741
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 704 sq. ft.65 m2
Your New Cozy Home Awaits at 11 Clearwater Crescent, Fort McMurray! Imagine settling into this sweet 1-bedroom, 1-bathroom apartment – it's got that perfect "just right" feeling! Tucked away in a lovely, well-kept building at 11 Clearwater Crescent, this place is all about making life comfortable and easy. Step inside and feel right at home in the spacious living area. It's got those nice neutral walls and carpet that are just begging for you to kick back and relax, or maybe host a fun get-together. Big windows with pretty blue curtains let in tons of sunshine and give you a peaceful view of the green outdoor space and parking. Whip up your favourite meals in the practical kitchen with newer appliances next to the cozy dining nook. It's just the spot for a relaxed dinner, maybe even with that cheerful BBQ! When it's time to unwind, your generously sized bedroom is a true retreat. There's a ceiling fan to keep things breezy and a window that fills the room with natural light. The bathroom is sparkling clean and ready for your morning routine, complete with a newer white tub/shower and vanity. And here's a little bonus: a super handy pantry/storage area with shelves galore. You'll have plenty of space to keep things tidy, and there's room for a chest freezer if needed! The building itself is a welcoming sight – a neat, low-rise with a friendly entrance. Living at 11 Clearwater Crescent means you're in a great spot downtown, with easy access to dedicated parking and lovely green areas right outside your door, plus close to shopping, schools and bus transit. This charming apartment is perfect for anyone looking for a comfortable and budget-friendly place to call home, whether you're living solo or with a partner. Don't let this sweet opportunity slip away – come see it for yourself! More detailsListed by ROYAL LEPAGE BENCHMARK- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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603 11721 Macdonald Drive: Fort McMurray Apartment for sale : MLS®# A2252678
603 11721 Macdonald Drive Fort McMurray Fort McMurray T9H 4H1 $59,900Residential- Status:
- Active
- MLS® Num:
- A2252678
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 667 sq. ft.62 m2
Looking for a spot that’s low-maintenance, close to everything, and comes with a built-in income stream? Welcome to your downtown Fort McMurray condo. This two-bedroom, one-bath unit is the definition of practical with a twist. You’ve got schools, shopping, and MacDonald Island Park practically at your doorstep, so whether you’re grabbing groceries, hitting the gym, or catching a concert, convenience is the name of the game. Inside, you’ll find a layout that makes sense, two comfortable bedrooms, a full bathroom, and a kitchen with plenty of counter space for when inspiration strikes and you suddenly need to bake banana bread at midnight. The living area is bright enough to keep the winter blues at bay and cozy enough to make movie nights feel like an occasion. Now here’s the kicker: this unit is currently rented for $1,250 a month, with a lease locked in until June 30, 2026. Condo fees are $578.65, which covers the upkeep so you can focus on things that actually matter (like deciding if you want to turn the second bedroom into a home office, gym, or shrine to your favourite hockey team). Whether you’re an investor hunting for a solid rental property or someone who wants to secure their next home downtown, this one ticks all the boxes. Be sure to check out the detailed floor plans in the photos so you can see every sink, shower and counter in the home. Are you ready to say yes to this address? More detailsListed by RE/MAX Connect- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email