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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
Unlock Your Calgary Dream Home: Explore Listings by Price Range
Find Your Perfect Home in Calgary: 3 to 8 Bedroom Homes
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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.
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Don't hesitate—reach out today and experience stress-free, professional guidance from Diane Richardson!
Explore Chestermere Open Houses: This Upcoming Weekend
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852 Marina Drive in Chestermere: Lakepointe Row/Townhouse for sale : MLS®# A2278914
852 Marina Drive Chestermere T1X 1Y6 OPEN HOUSE: Jan 17, 202601:00 PM - 04:00 PM MSTOpen House on Saturday, January 17, 2026 1:00PM - 4:00PMOPEN HOUSE: Jan 18, 202601:00 PM - 04:00 PM MSTOpen House on Sunday, January 18, 2026 1:00PM - 4:00PM
$529,000Residential- Status:
- Active
- MLS® Num:
- A2278914
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,607 sq. ft.
A warm, elegant townhome with absolutely NO CONDO FEES! Because of the front ATTACHED DOUBLE GARAGE and smart layout with 1600+ sqft, it feels more like a “real” home than a typical townhouse. Inside, you’ll notice calm blue-grey tones, light HARDWOOD flooring, and a bright, relaxed vibe that makes the whole space feel easy to live in. Plus, the TRIPLE-PANE WINDOWS keep things quiet and energy-friendly. The main floor has an open design with a VAULTED CEILING as you enter. The kitchen has QUARTZ counters, an ISLAND, a corner PANTRY, and plenty of room to cook. Just steps away, the living area features an electric FIREPLACE that gives the room a comfortable glow - perfect for movie nights or lazy Sundays. The dining area is sized perfectly for a large table to feast with friends. And the BACK DECK is another bonus for BBQs and summer soirees. Upstairs, a BONUS ROOM sits between the bedrooms - use it as a play space, hangout zone, or whatever fits your lifestyle. The PRIMARY bedroom includes a WALK-IN CLOSET and an ensuite with DOUBLE SINKS and a WALK-IN SHOWER. Two more bedrooms, a second full bathroom, and upstairs laundry make daily routines easy. The BASEMENT is unfinished, giving you the chance to design it your way - a rec room, a home gym, a fourth bedroom and bathroom, or even extra storage. And let’s not forget there’s also CENTRAL A/C for those warm summer days. Lakepointe is a family-friendly neighbourhood with easy access to schools, parks, pathways, shopping, and of course, CHESTERMERE LAKE. It’s the kind of place where you can walk the dog, hang out at the park, or enjoy a lakeside afternoon. If your wish list includes a home that feels super stylish and practically brand new, 852 Marina Drive is a fantastic fit! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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161 Rainbow Falls Glen in Chestermere: Rainbow Falls Detached for sale : MLS®# A2273175
161 Rainbow Falls Glen Chestermere T1X 0S5 OPEN HOUSE: Jan 18, 202602:00 PM - 04:00 PM MSTOpen House on Sunday, January 18, 2026 2:00PM - 4:00PM ***OPEN HOUSE Sunday -January 18, 2026 - 2:00 pm to 4:00 pm*** Welcome to this Beautiful 5-bed, 3.5-bath Chestermere home with 2,500+ sq. ft., modern finishes, bright open layout, sleek kitchen, bonus room, finished basement, and double garage. Located near parks, schools, shopping, and the lake. Come see it at the open house!
$640,000Residential- Status:
- Active
- MLS® Num:
- A2273175
- Bedrooms:
- 5
- Bathrooms:
- 4
- Floor Area:
- 1,914 sq. ft.
***OPEN HOUSE Sunday -January 18, 2026 - 2:00 pm to 4:00 pm*** Welcome to this beautifully designed 5-bedroom, 3.5-bathroom detached home located in the heart of Chestermere, Alberta — a vibrant lake community just minutes from Calgary! Offering over 2,700 sq. ft. of developed living space, this home blends modern finishes with a functional layout perfect for families. Step into a bright and open main floor featuring wide plank engineered hardwood, large windows that flood the space with natural light, and a sleek three-sided gas fireplace separating the living and dining areas — creating the perfect ambiance for entertaining or cozy family nights. The modern kitchen showcases quartz countertops, stainless steel appliances, shaker-style cabinetry, a stylish tile backsplash, and an island with pendant lighting — ideal for casual dining or meal prep. Upstairs, enjoy a spacious bonus room perfect for a play area or media lounge, along with three comfortable bedrooms including a private primary suite with a walk-in closet and ensuite bath. The fully finished basement adds even more versatility, offering two additional bedrooms, a full bathroom, and a large recreation area — great for guests, a home office, or a hobby space. Outside, you’ll find a two-car detached garage and a landscaped yard ready for your summer gatherings. Located in a quiet, family-friendly neighborhood close to parks, schools, Chestermere Lake, and shopping, this home combines comfort, convenience, and value. More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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232 Oakmere Place in Chestermere: Westmere Detached for sale : MLS®# A2276280
232 Oakmere Place Chestermere T1X 1L2 OPEN HOUSE: Jan 17, 202601:00 PM - 03:00 PM MSTOpen House on Saturday, January 17, 2026 1:00PM - 3:00PM
$829,900Residential- Status:
- Active
- MLS® Num:
- A2276280
- Bedrooms:
- 5
- Bathrooms:
- 4
- Floor Area:
- 2,235 sq. ft.
** Open House: Jan. 17th 1 to 3pm **Available for immediate possession. Discover a home that feels like new, starting with an incredibly private southwest-facing pie-shaped backyard backing onto no neighbours. This one of a kind lot is within walking distance to Prairie Waters Elementary School and St. Gabriel The Archangel School (Grades 7–12). The outdoor space is thoughtfully designed with extensive landscaping, mature trees, multiple vinyl decks, a pergola, and hot tub, offering the perfect blend of beauty, privacy, and functionality. Inside, the home continues to impress with four spacious bedrooms upstairs, including a fully renovated primary retreat with heated ensuite flooring and custom closets. The main level features solid maple hardwood floors, renovated bathrooms on every level, an updated kitchen with stainless steel appliances, a cozy gas fireplace, and a renovated family room that brings everyone together. You’ll also find a den/office and a separate dining room. The fully finished basement adds even more versatility with another bedroom, a large recreation and games area, new egress windows, and mechanical upgrades including a new furnace (2023), instant hot water (2018), air conditioning, and a serviced water softener, providing both comfort and peace of mind. Car enthusiasts and hobbyists will appreciate the heated garage with epoxy flooring, added storage, attic access, and custom-built seating. Perfectly located just minutes from Chestermere Lake, golf, parks, schools, and everyday amenities, this home offers the ideal blend of privacy, comfort, and convenience. If you’re looking for a beautifully updated home with a standout yard, four bedrooms upstairs, an office/den on the main level, and thoughtful upgrades that make life easier, this is the one. Inquire today about the full list of upgrades and book your showing! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
