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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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DETACHED CALGARY HOMES FOR SALE $400,000 to $500,000
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6437 19 Street SE in Calgary: Ogden Detached for sale : MLS®# A2143385
6437 19 Street SE Ogden Calgary T2C 0N8 $400,000Residential- Status:
- Active
- MLS® Num:
- A2143385
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 604 sq. ft.56 m2
*ATTENTION ALL DEVELOPERS & INVESTORS* This 25 x 120 – R-C2 lot nestled in the vibrant and rapidly evolving neighborhood of Ogden. With easy access to Deerfoot, Stoney and Glenmore Trails. Mostly land value only, this property is being sold “as-is where-is” condition. Excellent location – close to the Bow River, Schools, Jack Setters Arena, Shopping and Amenities. New Green Line (Lynnwood/Millican Station will be only minutes away (Green Line completion is estimated in 2027). More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1509 Edmonton Trail NE in Calgary: Crescent Heights Detached for sale : MLS®# A2201707
1509 Edmonton Trail NE Crescent Heights Calgary T2E 3L1 $400,000Residential- Status:
- Active
- MLS® Num:
- A2201707
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 602 sq. ft.56 m2
Are you interested in inner city living and a great location? This location offes easy access to downtown and Deerfoot Trail. Revitalize the current property or the corner lot with alley access offers a unique building site. Call your favourite Realtor to get the opportunity started! More detailsListed by First Place Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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133 Erin Ridge Road SE in Calgary: Erin Woods Detached for sale : MLS®# A2208628
133 Erin Ridge Road SE Erin Woods Calgary T2B 2W2 $400,000Residential- Status:
- Active
- MLS® Num:
- A2208628
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,128 sq. ft.105 m2
Opportunities like this don’t come often — a detached 2-storey home on a 4,359 sq.ft. lot, priced at $400K! With over 1,100 sq.ft. above grade, this 3-bedroom, 1.5-bath home is move-in ready with tons of upside for the right buyer. The main floor hardwood flooring, functional kitchen and dining layout, and a bright living space. Upstairs offers three well-proportioned bedrooms and a full bath. The basement is unfinished but spacious, offering a great opportunity for future development or storage. The private, fully fenced backyard includes a large deck — great for pets, kids, or quiet evenings outside. Whether you're a first-time buyer, investor, or looking for a sweat-equity project, this is hands-down the best value for a liveable detached home in the city. Nothing else compares at this price point— don’t miss your shot! More detailsListed by Greater Property Group- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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212 Midlawn Close SE in Calgary: Midnapore Detached for sale : MLS®# A2194556
212 Midlawn Close SE Midnapore Calgary T2X 1A8 $430,000Residential- Status:
- Active
- MLS® Num:
- A2194556
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 1,095 sq. ft.102 m2
Judicial Court Ordered Sale. Great opportunity on this Lake Midnapore home for sale. A 3-level split home with large mature trees featuring a 3 bedroom and 1 full bath. The lower level is unfinished with a laundry space and a crawl space that can be used for storage. Furnace(2yrs old), Washer(2yrs old), Dryer(August, 2024). At the back, you’ll have enough space to build your garage and have enough yard space for your pleasure. Nestled in a prime location, this home is just minutes from parks, schools, and an array of amenities, offering exceptional walkability to everything the neighborhood has to offer. One of its standout features is exclusive access to Midnapore Lake - perfect for making unforgettable memories year-round. From summer swims to winter adventures, this community embraces an outdoor lifestyle like no other! Commuting is a breeze with quick access to Macleod and Stoney Trail. Schedule your private viewing today! PLEASE NOTE: This is a Court of King's Bench foreclosure listing and is being sold “AS IS, WHERE IS” and property will need some TLC. All offers MUST be presented in the provided purchase contract and to be accompanied by the provided schedule A. More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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135 Erin Road SE in Calgary: Erin Woods Detached for sale : MLS®# A2201911
135 Erin Road SE Erin Woods Calgary T2B 3H4 $435,000Residential- Status:
- Active
- MLS® Num:
- A2201911
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 863 sq. ft.80 m2
CALLING all investors and First Time Home Buyers Alert! FANTSTIC way to walk into a profitable turn-key investment property. Savvy investors know that homes located close to major employment centers along major roads will always attract great tenants and outperform other properties. This Erin woods gem boosts a short commute to either downtown or the Foothills Industrial area with its proximity to the Calgary Stoney Trail, Peigan Trail and the Deerfoot Trail. The spacious main floor boasts a serine living room with carpet, dining area with large window so the sunshine can stream into this area. Adjacent to the dining area is the well layed out kitchen. Has 4 appliances and a wonderful sink. The main level has a 4 pc bathroom, linen closet, storage area and a second bedroom. To round out the main level is the primary bedroom, this room offers patio doors that opens up to a private deck for those morning coffee, or curling up with your favorite book. This home backs onto Peigan Trail. Heading to the lower level… imagine what you can do with this space !! The generously sized open living space provides lots of flexibility for a living room, home office, work out area or even a place to entertain. Check out the wood burning stove !!!. The roof shingles were replaced in 2015. There is EXTREME VALUE in a bi-level home especially in Erin Woods. With schools and a bus stop within close proximity, East Hills Shopping Centre, arena, parks and sports fields so close by, this is definitely a place to call home. More detailsListed by Diamond Realty & Associates LTD.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2906 17 Street SW in Calgary: South Calgary Detached for sale : MLS®# A2187595
2906 17 Street SW South Calgary Calgary T2T 4N5 $440,000Residential- Status:
- Active
- MLS® Num:
- A2187595
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 988 sq. ft.92 m2
Discover your next home in South Calgary LOCATION! LOCATION! LOCATION!—an inviting detached house offering 1,691.1 sq. ft. of thoughtfully designed living space. From the moment you step through the spacious entrance, you'll feel the warmth and charm this home exudes. The main floor is complete with a living room, dining room, and kitchen, graced with two cozy bedrooms and a stunning 5-piece bath, perfect for daily use. But that's just the beginning—venture downstairs to the fully finished basement, where you’ll find an additional bedroom, ideal for guests or a home office. The basement also features a sleek 3-piece bath, a dedicated laundry room, and a large recreation/games room, perfect for movie nights or game days. Step outside onto the deck, an ideal spot for morning coffee or sunset dinners. With a parking pad for two vehicles, you'll never worry about space. This home offers a seamless blend of comfort, style, and practicality—a true hidden gem in the heart of South Calgary. AMENITIES IN MINUTES: Shopping nearby, close to schools, groceries, banks. Walking distance to bus stop! Schedule your showing today! More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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73 Erin woods Place in Calgary: Erin Woods Detached for sale : MLS®# A2198693
73 Erin woods Place Erin Woods Calgary T2B 2W5 $449,000Residential- Status:
- Active
- MLS® Num:
- A2198693
- Bedrooms:
- 4
- Bathrooms:
- 1
- Floor Area:
- 1,107 sq. ft.103 m2
Welcome to this charming detached home nestled on a quiet cul-de-sac in the heart of Erin Woods, offering 1,564 sq ft of comfortable living space on a 3,336 sq ft lot. The main floor features a spacious living area with large windows, a generous Kitchen and Dining space with extra storage for pantry, and direct access to a back deck—perfect for outdoor gatherings and relaxation. The upper floor boasts three well-sized bedrooms, each equipped with closets for ample storage, including a spacious primary bedroom with a walk-in closet. The beautifully appointed 3-piece bathroom features a modern glass-enclosed standing shower, adding a touch of upgrades and convenience. The finished basement offers excellent versatility, featuring one additional bedroom with a closet, a large recreation room, and a laundry space. There is also space available to accommodate a future bathroom, providing additional potential for customization. This property provides exceptional parking options, including space for two cars in the front and a concrete-paved area along the side of the property, secured by a gate, accommodating two additional vehicles. The fully fenced yard ensures privacy and security. Ideally located within walking distance to Erin Woods School, this home offers unmatched convenience. Enjoy quick access to Peigan Trail, Stoney Trail, and Deerfoot Trail, with downtown Calgary just 10 minutes away. Chinook Station is only a 14-minute drive, and nearby shopping, public transportation, and amenities make everyday living effortless. The lot also offers ample space to build a 3-car garage at the back, accessible from a gravel-paved lane. Proudly owned by the same owner since 2007, this well-maintained property reflects true pride of ownership. More detailsListed by RE/MAX Real Estate (Mountain View)- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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235 Carmel Close NE in Calgary: Monterey Park Detached for sale : MLS®# A2210486
235 Carmel Close NE Monterey Park Calgary T1Y 6Z4 $449,000Residential- Status:
- Active
- MLS® Num:
- A2210486
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,466 sq. ft.136 m2
NOW AVAILABLE in MONTEREY PARK! This is the opportunity you’ve been waiting for — whether you're an investor, renovator, or a family ready to add your personal touch, this 4-bedroom, 3-bathroom home offers incredible potential at a price that’s hard to beat. Located on a quiet street and sitting on a spacious lot with rear parking for two vehicles, this 1466 sq ft home (above grade) is bright, open, and full of natural light. The main floor features a dedicated dining room, a spacious living area, and an open-concept kitchen — the perfect layout for family life or entertaining. Upstairs, you’ll find three well-sized bedrooms, including a primary suite with its own 2-piece ensuite, plus a full 4-piece bathroom to serve the rest of the upper level. The partially finished basement adds extra flexibility with an additional bedroom and plenty of space for storage or future development. Located just steps from transit, schools, parks, and amenities, this home is a smart investment in one of Calgary's established communities. Homes like this don’t come up often — and certainly not at this price. Book your showing today before it’s gone! More detailsListed by 2% Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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273 Martin Crossing Way NE in Calgary: Martindale Detached for sale : MLS®# A2208051
273 Martin Crossing Way NE Martindale Calgary T3J 3V4 $449,900Residential- Status:
- Active
- MLS® Num:
- A2208051
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 809 sq. ft.75 m2
This charming 2-bedroom home, just over 800 sq. ft., is located in the Martindale community. With an open floor plan and a welcoming atmosphere, it’s ready for you to move in and make it your own. Whether you want to leave it as-is or add your personal touch with some updates, this home offers fantastic flexibility. The spacious backyard provides plenty of room for outdoor activities, and features a parking pad for you and your guests. The basement is currently unfinished, giving you the option to develop it for additional living space or leave it for future plans. This home also presents a great investment opportunity as a rental property. With its prime location, easy access to the LRT for quick downtown commutes, nearby schools, and playgrounds, it’s a perfect choice for renters seeking a convenient and comfortable living space. Don’t miss out on this fantastic opportunity! Whether you’re looking for a home to call your own or a smart investment, book your showing today and start imagining all the possibilities! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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28 Coventry Lane NE in Calgary: Coventry Hills Detached for sale : MLS®# A2156706
28 Coventry Lane NE Coventry Hills Calgary T3K 4G4 $449,999Residential- Status:
- Active
- MLS® Num:
- A2156706
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 748 sq. ft.70 m2
| PRICE DROPPED $50,000| Explore this charming detached 4-level split home, perfect for first-time buyers, now with an updated finished basement. Offering over 1100 sq ft of thoughtfully designed living space, this home features an open-concept living room, dining nook, and kitchen with vaulted ceilings and abundant natural light from South and West-facing windows. The bright and functional kitchen includes ample cabinet and counter space. The home includes two bedrooms and two full bathrooms for privacy, with an upper-level den ideal for a home office. Enjoy hardwood floors on the main level, and a newly finished basement that adds even more versatile space. The large 2-tiered deck is great for outdoor entertaining, and there’s a private balcony off the master bedroom. Additional features include parking for two vehicles. Located on a quiet cul-de-sac, the home provides easy access to major routes and all essential amenities, with downtown just a 15-minute drive away. Don’t miss out! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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15 Pennsburg Way SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2204207
15 Pennsburg Way SE Penbrooke Meadows Calgary T2A 2J3 $449,999Residential- Status:
- Active
- MLS® Num:
- A2204207
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 872 sq. ft.81 m2
This spacious four-bedroom bi-level sits on one of the best lots in Penbrooke, a huge pie-shaped property with a sunny southwest-facing backyard. Located directly across from a massive green space and park, enjoy wide-open views and easy access to outdoor recreation. The main level features two bedrooms, a full bath, and an oversized living room window that showcases the beautiful park and green space right across the street. The lower level is partially developed, offering two additional bedrooms, another full bath, a summer kitchen, and a separate entrance possibility—providing great flexibility to customize the space as needed. Outside, the massive backyard has room for a quad garage, huge decks, and even trailer storage. Plus, there’s an outdoor storage area, perfect for keeping tools, seasonal gear, or extra belongings. The bones are great here, and with a little cosmetic love, this home becomes an amazing opportunity whether you're a first-time home buyer looking to build equity or an investor searching for a solid property with potential. Get into this home for under $500K while adding huge value in the process! Property is being sold as-is, where-is. Ideally situated close to schools, shopping, and public transit. With over 1,500 square feet of developed space, this is an opportunity you won’t want to miss! More detailsListed by Coldwell Banker Mountain Central- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1163 Penrith Crescent SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2199924
1163 Penrith Crescent SE Penbrooke Meadows Calgary T2A 2H8 $460,000Residential- Status:
- Active
- MLS® Num:
- A2199924
- Bedrooms:
- 6
- Bathrooms:
- 2
- Floor Area:
- 889 sq. ft.83 m2
Don't miss out on this beautiful bungalow! Whether you're looking for a starter home or a fixer-upper, this property has great potential. Conveniently located near schools, shopping, and public transit, with easy access to Memorial Drive and 17th Ave. The home features 3 bedrooms on the main floor and 1 full Bath. The basement has a illegal suite consists of 2 bedroom and a 1 full bath downstairs and a separate entrance. Live up and rent down! More detailsListed by RE/MAX Real Estate (Central)- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email