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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.
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Phone: 403.397.3706
Email: diane@mypadcalgary.com
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Condos for sale in Red Deer Alberta
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207 4811 55 Street: Red Deer Apartment for sale : MLS®# A2247782
207 4811 55 Street Red Deer Red Deer T4N 2J2 $64,500Residential- Status:
- Active
- MLS® Num:
- A2247782
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 623 sq. ft.58 m2
Bright & Spacious South facing unit, with a functional floor plan, good size bedroom and living room, large storage,.......... excellent opportunity for a first time buyer or an investor. More detailsListed by RE/MAX Real Estate (Mountain View)- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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202 4811 55 Street: Red Deer Apartment for sale : MLS®# A2245807
202 4811 55 Street Red Deer Red Deer T4N 2J2 $67,500Residential- Status:
- Active
- MLS® Num:
- A2245807
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 636 sq. ft.59 m2
Specious and bright one bedroom South facing unit, offers a functional floor plan, huge in-suite storage, assigned parking on the back on the building, coin laundry on the same floor, clean and well kept common area, easy commute to downtown. Perfect for a first time home buyer or an investor. More detailsListed by RE/MAX Real Estate (Mountain View)- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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103 5502 58A Street: Red Deer Apartment for sale : MLS®# A2229717
103 5502 58A Street Red Deer Red Deer T4N 2M3 $89,900Residential- Status:
- Active
- MLS® Num:
- A2229717
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 677 sq. ft.63 m2
ATTN INVESTORS, FIRST TIME BUYERS & DOWNSIZERS! REALLY CUTE & AFFORDABLE 1 BED, 1 BATH CONDO ACROSS FROM A GREEN SPACE -A MUST SEE & MOVE IN READY! ! Enjoy comfort, convenience, and a prime location with this well-appointed 1 bed, 1 bath condo perfectly situated right across from a peaceful green space. Step inside to find a spacious living room, a functional kitchen with adjoining dining area, a full 4-piece bathroom, and a generously sized bedroom. There's even a dedicated storage space for your added convenience. Just across the hall, you'll find a laundry room, and your own assigned parking stall is included. The affordable condo fee of $467.64/month covers heat, water, sewer, grounds maintenance, and professional management—making budgeting a breeze! Pet lovers will appreciate that pets are welcome (with some restrictions). Located close to schools, shopping, scenic parks, and walking trails, this really nice condo offers the perfect balance of lifestyle and location. Whether you're a first-time buyer, downsizer, or investor, this condo is ready for your personal touch and immediate enjoyment & possession. Don’t miss this opportunity to own an affordable home in a great community—book your showing today! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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310 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2219400
310 4820 47 Avenue Red Deer Red Deer T4N 6B9 $95,000Residential- Status:
- Active
- MLS® Num:
- A2219400
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 482 sq. ft.45 m2
Welcome to #310, 4820 47 Avenue, a well-maintained one-bedroom, one-bathroom condo ideally situated in the heart of Red Deer. This prime downtown location offers easy access to the city’s best amenities, including the vibrant downtown core, shopping, dining, medical services, the Golden Circle, the Farmers Market, and the beautiful nearby trail system. Inside, the unit features a spacious, open layout with a bright and inviting living room, a functional galley-style kitchen with ample counter space and modern appliances, a good-sized bedroom, and a full four-piece bathroom. All utilities are included in the condo fees, offering convenient and worry-free living. Additional highlights include laundry facilities located on the same floor, an on-site property manager for added security, and assigned parking for your vehicle. This condo is an excellent choice for first-time buyers, downsizers, or investors looking for a centrally located property with great rental potential and desirable features. More detailsListed by Century 21 Advantage- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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206 41 Bennett Street: Red Deer Apartment for sale : MLS®# A2245781
206 41 Bennett Street Red Deer Red Deer T4R 1V3 $119,500Residential- Status:
- Active
- MLS® Num:
- A2245781
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 618 sq. ft.57 m2
Welcome to Unit 206 at 41 Bennett Street — a well-maintained 1-bedroom, 1-bath condo offering comfort, convenience, and an unbeatable location. Situated directly across from Bower Mall and just minutes to Highway 2, this home is perfect for anyone who loves having amenities at their doorstep. Inside, you’ll find a bright, open-concept living space with large windows that fill the room with natural light. The functional kitchen features plenty of cabinet storage, stainless steel appliances, and an easy flow into the dining area. The spacious bedroom offers a peaceful retreat, while the updated bathroom is clean and move-in ready. Step outside to your private, north-facing balcony, perfect for enjoying your morning coffee in the shade or winding down after a summer day. This well-kept building offers secure entry and is close to parks, walking trails, and transit. Whether you’re a first-time buyer, investor, or looking to downsize, this condo delivers an affordable opportunity in one of Red Deer’s most sought-after locations. More detailsListed by Century 21 Maximum- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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401 4700 55 Street: Red Deer Apartment for sale : MLS®# A2208591
401 4700 55 Street Red Deer Red Deer T4N 2H8 $119,950Residential- Status:
- Active
- MLS® Num:
- A2208591
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 840 sq. ft.78 m2
This well-maintained condo features 2 spacious bedrooms, updated tile and vinyl flooring, and the added privacy of an end unit. Large windows fill the home with natural light, creating a warm and inviting atmosphere. The kitchen is well-equipped with a fridge, stove, dishwasher, and ample cupboard and counter space—perfect for everyday living. Enjoy a large balcony, in-suite storage and assigned parking for your convenience. Ideal for first-time buyers, investors, or those looking to downsize. More detailsListed by Maxwell Real Estate Solutions Ltd.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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306 4811 55 Street: Red Deer Apartment for sale : MLS®# A2232532
306 4811 55 Street Red Deer Red Deer T4N 2J2 $125,000Residential- Status:
- Active
- MLS® Num:
- A2232532
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 746 sq. ft.69 m2
Welcome home to this fully renovated and beautifully updated two bedroom apartment is a great downtown location close to amenities. With the new seamless vinyl plank floors, new paint on every wall, brand new kitchen and new bathroom tiles this one is ready for its new owners. Whether downsizing, starting out or wanting an investment property, then this one is for you!! More detailsListed by Royal LePage Network Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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354 103 Hermary Street: Red Deer Apartment for sale : MLS®# A2232911
354 103 Hermary Street Red Deer Red Deer T4N 6G2 $135,000Residential- Status:
- Active
- MLS® Num:
- A2232911
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 799 sq. ft.74 m2
Exceptional value on the top floor of a well-managed building in Red Deer! This spacious 2 bedroom, 1 bathroom condo offers 799 sq ft of bright, functional living space—perfect for first-time buyers, investors, or anyone seeking affordable home ownership. Enjoy a large living area with access to a private balcony, a clean and practical kitchen layout, and two generously sized bedrooms with great natural light. This unit also includes an assigned parking stall, making day-to-day living easy and convenient. Located just minutes from schools, parks, public transit, and shopping, this property provides unbeatable accessibility and lifestyle value. Move in or rent out with ease! More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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305 5519 Kerry Wood Drive: Red Deer Apartment for sale : MLS®# A2247248
305 5519 Kerry Wood Drive Red Deer Red Deer T4N 4X3 $138,900Residential- Status:
- Active
- MLS® Num:
- A2247248
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 805 sq. ft.75 m2
Top Floor 2 Bedroom Condo in Riverside Meadows – Furnished & Updated. Welcome to this well-maintained top floor 2 bedroom, 1 bathroom condo located in the heart of Riverside Meadows. This furnished unit offers a bright and functional layout, with numerous updates over the years. Enjoy the outdoors with a large private balcony, and benefit from the convenience of in-suite laundry and one off-street parking stall. Situated in a quiet, well-managed building, the location is ideal – close to river trails, public transit, and minutes from downtown. Currently rented for $1,450/month, this unit presents an excellent opportunity for investors or first-time buyers. More detailsListed by Royal LePage Network Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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256 103 Hermary Street: Red Deer Apartment for sale : MLS®# A2229907
256 103 Hermary Street Red Deer Red Deer T4N 6G2 $139,900Residential- Status:
- Active
- MLS® Num:
- A2229907
- Bedrooms:
- 1
- Bathrooms:
- 2
- Floor Area:
- 689 sq. ft.64 m2
This is a great condo, is well maintained and offers affordable living. It’s in great condition and is move-in ready! It's perfect for a young couple, a couple friends, perfect for a downsize, or would make a great investment as a rental property. Walk into the spacious entry and into the nice kitchen area with plenty of cabinets and counter space that is open to the dining and living area which makes this space a great space to entertain friends or spend time with the family. There is an electric fireplace in the living room. Also, on the main floor there is a powder room that has extra cabinets for storage and behind the cabinets, there is laundry hookup. Then to the upper level enjoy an extra-large bedroom, this would easily have room for two beds, you could put a divider between the two for privacy and there is a nice four-piece ensuite with a closet. The property comes with all the furniture in it. There is an assigned parking stall with a plug in (stall #27 - by the visitor parking - 2nd one on the far side). There is a laundry room on each floor that is card operated. Some recent updates (all done approximately five years ago) and include additional cabinets added above the stove and in powder room on the main floor, repainted, some new laminate flooring, new lighting fixtures on main floor and electric fireplace. No Pets Allowed. More detailsListed by Royal Lepage Network Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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105 27 Bennett Street: Red Deer Apartment for sale : MLS®# A2242866
105 27 Bennett Street Red Deer Red Deer T4R 1V3 $139,900Residential- Status:
- Active
- MLS® Num:
- A2242866
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 611 sq. ft.57 m2
LOCATION, LIGHT & VALUE! This bright and spacious 1 bedroom unit is perfectly situated in the friendly, walkable neighborhood of Bower—right across from Bower Mall and close to transit, parks, and restaurants. Located in a well-maintained building with low condo fees, this home offers great value for first-time buyers, downsizers, or investors. Enjoy a large sun-filled living room, functional galley kitchen with adjoining dinette, full 4-piece bathroom, and a large primary bedroom. You’ll also appreciate the in-suite storage room and the expansive north walk out patio—perfect for quiet mornings or evening shade. Affordable, updated, and move-in ready—this one is worth a look! More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
-
307 41 Bennett Street: Red Deer Apartment for sale : MLS®# A2242346
307 41 Bennett Street Red Deer Red Deer T4R 1V4 $156,000Residential- Status:
- Active
- MLS® Num:
- A2242346
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 831 sq. ft.77 m2
TOP FLOOR, CORNER UNIT! Check out this well kept 2 bedroom, 1 bathroom corner condo unit in Red Deer's desirable BOWER subdivision. This home has lots of space with a huge living room and massive primary bedroom. Also offered is a galley kitchen, opening to a dinette, a second bedroom, 4 pc bathroom and a large in-suite storage room! There is shared laundry in the building and the unit comes with one off-street parking stall. There is plenty of visitor parking out front. The common areas and building envelope are well maintained and the parking lot has recently been resurfaced. More detailsListed by Red Key Realty & Property Management- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email