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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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ARBOUR LAKE 4 BEDROOM HOMES FOR SALE CALGARY
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28 Arbour Ridge Place NW in Calgary: Arbour Lake Detached for sale : MLS®# A2212961
28 Arbour Ridge Place NW Arbour Lake Calgary T3G 3Z1 $654,900Residential- Status:
- Active
- MLS® Num:
- A2212961
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,612 sq. ft.150 m2
Charming 4-Bedroom Home in Arbour Lake , Quiet Cul-de-Sac ,Lake Access! Fresh painted through the whole house, 2020 Hot water tank and 2025 Pilot for furnace. Welcome to this superb 4-bedroom, 3.5-bathroom family home nestled in the highly sought-after Arbour Lake community. Located on a quiet cul-de-sac in a friendly and respectful neighborhood, this home offers the perfect blend of comfort, functionality, and convenience. The main level features a bright and open layout with beautiful flooring that flows seamlessly throughout the home. The fully equipped kitchen is a true highlight, offering ample space for cooking and entertaining. Enjoy your morning coffee in the sunlit bay window breakfast nook, which overlooks the spacious back deck and low-maintenance landscaped yard—perfect for relaxing or hosting gatherings. Upstairs, you'll find three generously sized bedrooms, including a large master retreat complete with a luxurious ensuite bath and soaker tub. The fully finished basement offers a versatile space that can be used as a games room, home theatre, or rec room, and includes a fourth bedroom—ideal for guests or a private office. This property sits on a flat lot and is perfectly positioned just 5 minutes by car or 30 minutes on foot to Arbour Lake, where you'll enjoy year-round lake privileges. Commuting is a breeze with easy access to the LRT, and you're within minutes of Crowfoot Centre, with shopping, dining, and a movie theatre at your fingertips. Local favorite Chianti's Restaurant is also nearby. Whether you're looking for comfort, location, or lifestyle, this Arbour Lake gem has it all. Don’t miss your chance—book your showing today and discover all this home has to offer! More detailsListed by Homecare Realty Ltd.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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68 Arbour Crest Court NW in Calgary: Arbour Lake Detached for sale : MLS®# A2208014
68 Arbour Crest Court NW Arbour Lake Calgary T3G 4T5 $835,000Residential- Status:
- Active
- MLS® Num:
- A2208014
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,941 sq. ft.180 m2
Tucked away in a quiet cul-de-sac and siding onto a green space & walking path, is this beautifully maintained 2-storey home in one of Calgary’s most sought-after lake communities – Arbour Lake. With top-rated schools, shopping, transit, and exclusive lake access just minutes away, this home offers the perfect setting for family living. The main floor features a bright, spacious living room with corner gas fireplace (sold as is), ideal for relaxing evenings or hosting guests. A large window with a solar shade floods the space with natural light, making it the perfect spot to unwind. Adjacent to the living room is a welcoming dining area and a thoughtfully designed kitchen that blends function with style. You’ll love the quartz countertops, central kitchen island with seating, chef’s sink with pearl faucet, extended cabinetry, pantry, updated fridge, and newer Miele dishwasher—perfect for both everyday meals and entertaining. A convenient laundry area and stylish half bath complete the main level. Upstairs, you’ll find 3 comfortable bedrooms and two full bathrooms, including a serene primary suite with a four-piece ensuite and walk-in closet. The bonus room (or could easily be a 4th bedroom) features custom floor-to-ceiling built-in cabinetry, also making it ideal for a playroom, home office, or media space. The fully finished basement offers a spacious rec room, a den, an additional 3-piece bathroom, and a bedroom (window not to egress) that can easily be used as an exercise room or flex room. There's also massive storage space under the stairs. Step outside to a beautifully landscaped backyard oasis. The low-maintenance yard includes a durable PVC deck with a remote-controlled custom awning, irrigation system, Swedish Aspens, a stunning retaining wall, and hot/cold outdoor taps—perfect for year-round enjoyment. The exposed aggregate path leads to a charming front porch with custom railings and a striking front door. The stucco has been redone, giving the exterior a fresh, modern look. This home is packed with upgrades: all main and upper windows were replaced in 2020 with Ecoline triple-glazed units featuring sunshield protection. Electric autoshades enhance the stairway landing, and custom blinds are installed throughout. You’ll also enjoy central air conditioning, central vacuum, hot water on demand, water softener, sump pump, and no Poly B plumbing. Set on a private lot next to green space and walking paths, this home also offers views of the city skyline and mountains. As a resident of Arbour Lake, you’ll enjoy access to the beach, tennis courts, fishing, paddleboarding, firepit for family gatherings, fishing (they stock the lake with trout) & canoes -and spectacular New Years fireworks! Plus Arbour Lake has all levels of schools! You have Crowfoot shopping, YMCA, public library, ball diamonds and more within the community. This is the perfect blend of comfort, style, and location—don’t miss your chance to make this exceptional property your forever home. More detailsListed by Royal LePage Benchmark- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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140 Arbour Butte Road NW in Calgary: Arbour Lake Detached for sale : MLS®# A2210951
140 Arbour Butte Road NW Arbour Lake Calgary T3G 4N6 $849,900Residential- Status:
- Active
- MLS® Num:
- A2210951
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 2,111 sq. ft.196 m2
RENEWED, REFRESHED AND REVITALIZED! FABULOUS 2-storey home with TRADITIONAL MAIN FLOOR LAYOUT OFFERING SEPARATE FORMAL LIVING AND DINING ROOMS, GREAT ROOM WITH OPEN-TO-ABOVE CEILING, GENEROUS KITCHEN WITH CORNER PANTRY, AND LOTS OF LARGE WINDOWS ALLOWING NATURAL SUNLIGHT TO PERMEATE INTO THIS HOME! This GORGEOUS home has been freshly painted, and has new quartz countertops in the kitchen and bathrooms, completed basement with 3-piece bath, bedroom and room for family recreation. Double Attached garage, fully fenced and landscaped, and sits on a corner so you HAVE ACCESS FOR RV PARKING AT THE REAR! All of this wonder sits in one of the MOST DESIREABLE LAKE COMMUNITIES IN NW CALGARY! More detailsListed by RE/MAX Real Estate (Central)- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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24 Arbour Crest Rise NW in Calgary: Arbour Lake Detached for sale : MLS®# A2211349
24 Arbour Crest Rise NW Arbour Lake Calgary T3G 4L3 $849,900Residential- Status:
- Active
- MLS® Num:
- A2211349
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,564 sq. ft.145 m2
Welcome to this bright, airy bi-level with open floor plan. Main floor with 9 foot ceilings, includes a custom, light kitchen with granite countertops and stainless steel appliance package, dining room, family room and breakfast nook. Large balcony on front of the house with sunshine all day! The main floor is complete with master bedroom and brand new renovated ensuite as well as two additional bedrooms and bathroom. Here is list of features of our current home: Recent Renovations - Basement renovation (2020): * Complete finish from foundation and studs * Custom designed layout * Premium doors and paint * 9-foot ceilings * Recessed pot lighting * Built-in ceiling sound system * Installed LED accent lighting around walls * Premium carpet * Smart light switches with dimming capability * Office space that could potentially be used as bedroom (currently lacks egress window due to deck placement) - Main bathroom renovation (2025) - Exterior painting (2024) - AC installation (2024) - Bedroom painting (recent) - En suite bathroom painting with added storage/closet space (recent) - Balcony floor replacement (approximately 2021) - Balcony understructure inspection and repairs - Garage finishing as part of basement development (2020) - New fences in backyard (2024) - Roof replacement (2017) Interior Upgrades - Replaced almost all light fixtures upstairs with premium options - Added recessed pot lighting in kitchen - Added recessed pot lighting in bedrooms - Ongoing interior maintenance and upgrades throughout the home Home Systems - Furnace installation (2018) - Water tank installation (2018) - Regular furnace maintenance with most recent service in 2025 - Garage door service (2023) - Electrical panel upgrade to higher amperage (2023) - Load balancer installation with AC (2024) - allows simultaneous use of multiple electrical appliances Kitchen - Double oven (purchased new in 2019) - Induction stove (2022) - Dishwasher (2022) Outdoor Features - Hot tub (purchased 2019-2020) - negotiable with separate pricing - Deck in backyard Smart Home Features - Smart doorbell with camera (Wyze brand, installed 2024) - Smart door lock with keyless access and automatic unlock features (Wyze brand, installed 2024) - Smart light switches throughout main floor (more than half of all switches) - Voice control capability with Alexa/Google integration - App control for lighting systems More detailsListed by RE/MAX House of Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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107 Arbour Lake Way NW in Calgary: Arbour Lake Detached for sale : MLS®# A2193045
107 Arbour Lake Way NW Arbour Lake Calgary T3G 3S8 $895,000Residential- Status:
- Active
- MLS® Num:
- A2193045
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,745 sq. ft.162 m2
Welcome to your beautifully and professionally renovated walkout bungalow in the highly sought-after community of Arbour Lake! Offering over 2,900 sq. ft. of developed living space, this exceptional home features 4-bedrooms (3 above grade), 3-full bathrooms, a double attached garage, and a separate entrance to a basement illegal-suite; ideal for extended family or rental potential. Inside, experience a stunning renovation by Designer Edge, completed three years ago, which includes a brand-new kitchen, updated guest and master bathrooms, fresh paint, elegant wainscotting, new baseboards, doors, casings, a refreshed laundry room, and a new patio deck with railings. The main level boasts real hardwood flooring, plush carpet, designer tile back-splash, beautifully tiled bathrooms, quartz counter-tops throughout, and modern, elegant fixtures and finishes. The custom full-height cabinetry by Ateliers Jacob is paired with new stainless steel appliances, including a fridge, stove, dishwasher, and hood fan, as well as a brand-new washer and dryer. Enjoy your private upper-floor patio off the family room, perfect for morning coffee or evening relaxation. The fully developed walkout basement features a separate entrance to the illegal-suite, which includes a kitchen, living room, dining area, a spacious bedroom with an egress window, and a full bathroom with in-suite laundry. Additionally, there is another access point from the main home's walkout basement, which offers a full living room, ample storage, and direct access to the yard. This provides flexibility to keep the space as part of the family home or separate it as a rental suite. Step outside and discover an incredible backyard oasis, complete with a custom concrete walkway, a beautifully landscaped yard, an expansive concrete patio, and a covered deck for year-round entertaining. A charming custom-built shed with dual front-and-backyard access offers plenty of storage and makes moving outdoor equipment a breeze. Additional updates include an updated hot water tank that was replaced two years ago, garage door was replaced 6 years ago, and the roof was replaced 12 years ago with a 25-year warranty. Located in one of Calgary’s most desirable lake communities, this home seamlessly blends comfort, style, and functionality. Don’t miss out—schedule your private viewing today! More detailsListed by Century 21 Bamber Realty LTD.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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18 Arbour Butte Place NW in Calgary: Arbour Lake Detached for sale : MLS®# A2202258
18 Arbour Butte Place NW Arbour Lake Calgary T3G 4N5 $1,055,000Residential- Status:
- Active
- MLS® Num:
- A2202258
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 2,353 sq. ft.219 m2
Welcome to beautiful community of Arbour Lake, beautiful home nestled in Cul-de-sac with amazing view of green space with walking path. Huge lot, Pie shaped back yard which you can turn into anything. 2 Storey home with 2353sqft of living space above ground plus 1068sqft of living space in fully developed walk-out basement. Recently renovated flooring in upper floor, office, stairs and basement, New window coverings in first and second floor (2024), Recently renovated kitchen, deck and recently installed dishwasher and hot water tank. Main floor and walk out basement both have largely built deck to enjoy the activities from backyard and enjoy the view. Walk-out basement with in-floor heating to make your home warm during the winter. East facing back yard give plenty of sun shine, there is also green house in the back yard. You can even enjoy the view from the master bedroom and the bonus room upstairs. This beautiful community of Arbour Lake has it all - Lake, Crowfoot shopping, C-train, school, Library, etc. More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email