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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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VULCAN COUNTY PROPERTY FOR SALE
When searching Vulcan County listings click on DETAILS to view information about the listing and click on MORE... to view the property on a map, schedule a showing, email the listing or check affordability on the mortgage calculator. Every effort is made to make it as easy as possible for you to find and learn about Vulcan County houses, acreages & land on AlbertaTownandCountry.com.
Diane Richardson @ 403-397-3706 (call or text) or email Diane@drichrealty.com
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75 White Pelican way: Rural Vulcan County Recreational for sale : MLS®# A2205449
75 White Pelican way Rural Vulcan County Rural Vulcan County T0L 1G0 $53,500Land- Status:
- Active
- MLS® Num:
- A2205449
Great Opportunity to build your dream cottage in the amazing community of Lake McGregor Country Estates! This builders lot is serviced with water, gas, and power to the property. Water and sewer is all included in the $300/month association fees. The community is gated with a clubhouse that offers indoor and outdoor pools, sauna, hot tub, games room, gym, and showers and can be used year round! The grounds also include beach volleyball, playground, Tennis courts, and baseball diamond. Enjoy everything this fun, tight knit community has to offer including the lake with boat launch and docks. The beach area is a fun spot to bring your favorite people and enjoy all that summer has to offer. This community has numerous summer events including a Canada Day golf cart parade and Halloween in August! There are also RV spots that can be rented for your family and friends! This is truly Alberta's hidden gem being only a little over an hour from Calgary and Lethbridge. More detailsListed by RE/MAX Landan Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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71 White Pelican way: Rural Vulcan County Recreational for sale : MLS®# A2205281
71 White Pelican way Rural Vulcan County Rural Vulcan County T0L 1G0 $53,500Land- Status:
- Active
- MLS® Num:
- A2205281
Great Opportunity to build your dream cottage in the amazing community of Lake McGregor Country Estates! This builders lot is serviced with water, gas, and power to the property. Water and sewer is all included in the $300/month association fees. The community is gated with a clubhouse that offers indoor and outdoor pools, sauna, hot tub, games room, gym, and showers and can be used year round! The grounds also include beach volleyball, playground, Tennis courts, and baseball diamond. Enjoy everything this fun, tight knit community has to offer including the lake with boat launch and docks. The beach area is a fun spot to bring your favorite people and enjoy all that summer has to offer. This community has numerous summer events including a Canada Day golf cart parade and Halloween in August! There are also RV spots that can be rented for your family and friends! This is truly Alberta's hidden gem being only a little over an hour from Calgary and Lethbridge. More detailsListed by RE/MAX Landan Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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95 White Pelican Way: Rural Vulcan County Recreational for sale : MLS®# A2211637
95 White Pelican Way Rural Vulcan County Rural Vulcan County T0L 2B0 $59,000Land- Status:
- Active
- MLS® Num:
- A2211637
Welcome to McGregor Estates – Lake Life Without Compromise! This incredible lot offers more than just a place to build – it’s your gateway to a lifestyle that outshines the competition. Priced well below comparable lots in Little Bow or Pine Coulee McGregor Estates offers unmatched value thanks to its thoughtfully planned community and top-tier amenities. McGregor Lake offers a year-round community centre complete with indoor/outdoor pools, a hot tub, fitness facilities, and gathering spaces. Love the water? McGregor Reservoir consistently maintains higher water levels than other lakes during dry years, thanks to its irrigation outflow system. That means dependable boat access all season long. Plus, with the only other launch located at the far north end by the provincial park, boat traffic in front of McGregor Estates is significantly reduced—meaning calmer waters, fewer waves, and more room to surf, paddle, and relax. This particular lot is a standout with: Prime design potential thanks to a wide front footprint—ideal for garage and off-street parking (street parking not permitted in the community). Unique layout advantages, including a public walkway beside the lot that allows for proper egress windows in basement bedrooms—something many other lots can’t offer. Easy access for lake toys: a cul-de-sac-style loop in front makes maneuvering a boat trailer a breeze. Bonus: Across the street, Thompson Homes.—a respected local custom home builder—has already brought several beautiful homes to life here, including two nearby listings in the ~$375K range. If you're thinking of building your dream lake home, this is the opportunity you've been waiting for—better amenities, better water conditions, less crowding, and far more value than other surrounding lakes. Come see why McGregor Estates is the lake community that truly delivers! More detailsListed by RE/MAX Landan Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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446 Sunset Drive: Rural Vulcan County Residential Land for sale : MLS®# A2211313
446 Sunset Drive Rural Vulcan County Rural Vulcan County T0L 0R0 $64,000Land- Status:
- Active
- MLS® Num:
- A2211313
Introducing a prime cottage lot for sale at Little Bow Resort, nestled in Southern Alberta's picturesque landscape. This corner lot boasts essential services up to the property line and offers a serene backdrop of mature trees and adjacent green space. Situated within the Little Bow Resort bare land condominium, this property provides a unique opportunity to build your dream cottage retreat. Little Bow Resort is well-established and ideally located just east of Little Bow Provincial Park, approximately 1.5 hours south of Calgary and 1 hour north of Lethbridge in Vulcan County. The area's highlight, Travers Reservoir, offers a clean prairie lake experience, with depths reaching 130 feet near the dam, spanning 17 kilometers in length and 10 kilometers in width. Its proximity, just 30 minutes north of Lethbridge, makes it easily accessible from Canada’s fifth sunniest city, renowned for its dry, sunny climate. The resort provides exclusive access to private beaches, a small dock, and a marina along the shoreline. The area enjoys notably warmer and sunnier conditions than Calgary, making it an ideal year-round destination. Experience a four-season playground offering activities ranging from winter sports like ice fishing, cross-country skiing, and skating to summer delights such as swimming, boating, water skiing, fishing, and kayaking. Whether you seek adventure or relaxation under the sun, this Little Bow Resort cottage lot promises an idyllic retreat for creating lasting memories. More detailsListed by Magnuson Realty Ltd- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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319 Wildrose Way: Rural Vulcan County Recreational for sale : MLS®# A2205177
319 Wildrose Way Rural Vulcan County Rural Vulcan County T0L 0G0 $69,900Land- Status:
- Active
- MLS® Num:
- A2205177
What a chance to build at the fabulous year round Little Bow Resort. This property has a stunning view of the lake and offers quick access to the private boat launch. Imagine spending your summers at the beach or on the boat and your winters skating on the lake. This is one of Southern Alberta's best kept secret and is only a short 1.5 hour drive from Calgary. Come and see for yourself what this amazing community has to offer. More detailsListed by Century 21 Foothills Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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663 Lakeside Drive: Rural Vulcan County Residential Land for sale : MLS®# A2190608
663 Lakeside Drive Rural Vulcan County Rural Vulcan County T0L 0R0 $74,900Land- Status:
- Active
- MLS® Num:
- A2190608
Build your year-round lakeside DREAM home and be just 1.5 hours driving time from Calgary. This lot is located across from the lake front homes and the pathway to the beach. Wouldn’t it be great to stroll onto your deck in the morning with your coffee and take in the quiet and beauty of the lake or take the kids on the short walk to the beautiful sandy beach and the sparkling clean water and enjoy an afternoon swim. Bow Resort is a fabulous lake resort and is located on Traver's Reservoir one of the warmest spots in Alberta where cactus grows wild. This deep, beautiful, & clean lake has all the requirements for a great recreational get away. In the summer enjoy, boating (Little Bow has its own private marina); swimming and the fishing is great! And unlike other destination Traver's is not overcrowded. Little Bow is also great as a year-round recreation destination with ice fishing & skating in the winter. All Little Bow lots are fully serviced with high-speed internet available. Call today to start bringing you dream to a realty! More detailsListed by Optimum Realty Group- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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58 White Pelican Way: Rural Vulcan County Residential Land for sale : MLS®# A2213005
58 White Pelican Way Rural Vulcan County Rural Vulcan County T0L 1G0 $83,000Land- Status:
- Active
- MLS® Num:
- A2213005
Come and build your dream cottage in the amazing community of Lake McGregor Country Estates. This family orientated resort offers everything you could ask for in a 4 seasons complex. The community is a gated neighborhood with tons of amenities including a full service clubhouse with indoor and outdoor pools, sauna, gym, games room, rec room, adult lounge, coin laundry room, showers, and hot tub. The grounds also include tennis courts, baseball court, beach volleyball, playgrounds, baseball diamond, and horse shoe area. Enjoy the private boat launch, multiple docks for all your watercraft needs, and beach area. This community is gold cart friendly and offers many activities throughout the summer such as Halloween in August and Golf cart parades for Canada Day long weekend! Bring your own builder and enjoy the views from your deck looking over the 40Km lake! All services are brought to the property and water and sewer is included in the $300/month HOA fees! There is additional boat storage that can be rented from the community association. More detailsListed by RE/MAX Landan Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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10 Lake Mcgregor Drive: Rural Vulcan County Residential Land for sale : MLS®# A2189936
10 Lake Mcgregor Drive Rural Vulcan County Rural Vulcan County T0L 2B0 $85,000Land- Status:
- Active
- MLS® Num:
- A2189936
Welcome to this amazing community of Lake McGregor Country Estates! Situated only a little over an hour south of Calgary you will find your home away from home. This beautiful lot is ready for you to build your dream cottage for you to enjoy year round if you choose. This 4 season gated community has everything you could want and more! Come and enjoy the the clubhouse that has both an indoor and outdoor pool, hot tub, games room, gym, tennis courts, volleyball courts, and a community hall for your year round enjoyment! This community is defiantly one of a kind with many family events throughout the summer including Halloween in August, McGregor days, and an amazing Canada Day parade which is a must see experience. This lot has water, sewer, electricity, and gas serviced to the lot. There is a $3600/community fees for this lot that does include your water and sewer. There is also secure boat storage on site for rent should you need it. There is a private boat launch and multiple docks for day use for all you boating and personal water crafts needs. Bring you imagination and your dream cottage plans and start enjoying all that this amazing community has to offer! More detailsListed by RE/MAX Landan Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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18 cormorant Crescent: Rural Vulcan County Recreational for sale : MLS®# A2192071
18 cormorant Crescent Rural Vulcan County Rural Vulcan County T0L 1G0 $89,000Land- Status:
- Active
- MLS® Num:
- A2192071
Welcome to the most amazing recreational and boating property in all of Alberta only a little over an hour from Calgary. This Estate Gated community is one of a kind in Alberta at Lake McGregor Country Estates! This RV lot is ready for you to pull into with your trailer or park module unit right up to the existing deck. This lot is fully serviced and comes with a shed. This family oriented based community comes with a clubhouse which includes an indoor and outdoor pool, sauna, and hot tub. There is also a gym, laundry room, showers, arcade, private lounge, and large community recreational room. All of these amenities only for only $300/month which also include your water and sewer. All you need to pay for is your power and Wifi. This community has events all summer long including Halloween in August, McGregor days, golf tournaments, and craft fairs etc. The endless summers are filled with family and friends that can rent lots for the wkd and enjoy the fun. The gated community allows for only owner access to the boat launch, beach area, gated storage parking spots, and the clubhouse amenities. Enjoy a stress free community with easy access to the boat launch with use of all the boat slips! Lake McGregor is around 40 KM long and will be sure to impress you with full access to all your water sport needs in an amazing care free community. Along with a private lake environment you will also find tennis courts, beach volleyball, horse shoe pits, baseball diamond, additional parking. Book your showing today and bring your wake boards, paddle boards, or fishing rod! This community truly has it all! More detailsListed by RE/MAX Landan Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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135 Cormorant Crescent: Rural Vulcan County Recreational for sale : MLS®# A2211806
135 Cormorant Crescent Rural Vulcan County Rural Vulcan County T0L 1G0 $122,900Land- Status:
- Active
- MLS® Num:
- A2211806
Welcome to Alberta's best kept secret the 52 km Lake McGregor!! This lake is conveniently just a short drive from Calgary and Lethbridge!!! An Estate gated community that provides year round living and a 13,000 sqft club house to live for!!! It has a games room, indoor & outdoor pool a hot tub and a sauna. As well as gym, laundry room, showers, arcade, private lounge and a large rec room. If you love spending time outside you can walk for hours on the endless paths, play tennis/pickleball, basketball, volleyball or baseball!! Never a dull moment in this wonderful community as they have events all summer long. Your family and friends can rent lots and join in the fun!! There is also a private boat launch, marina and a year round storage yard. Enjoy the sandy beach that comes complete with picnic tables. This lot is located right beside the walking path making getting to the club house super easy. The 13'x28' brand new composite deck featuring glass railing and aluminum deck cover makes this a true oasis for your enjoyment. The 5th wheel is not included but can be purchased at an additional cost. More detailsListed by Century 21 Foothills Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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86 Cormorant Crescent: Rural Vulcan County Detached for sale : MLS®# A2211354
86 Cormorant Crescent Rural Vulcan County Rural Vulcan County T0L 2B0 $150,000Residential- Status:
- Active
- MLS® Num:
- A2211354
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 553 sq. ft.51 m2
Save thousands when buying this large one bedroom. Large, spacious rooms which makes the home feel grand. Build a bunkie to accommodate bunk beds. You could also add a fantastic sum room at this price. Lake living is a fantastic lifestyle. A place to develop life-long friendships, have the ability to truly relax and enjoy all water sports and recreational opportunities available at the resort. Youth enjoy the outdoors in a safe environment. This newer park model has many windows allowing for a bright atmosphere. Cuddlie up be the fireplace. A great opportunity to join the Lake McGregor Estates community. More detailsListed by MaxWell Capital Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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150 Cormorant Crescent: Rural Vulcan County Detached for sale : MLS®# A2210892
150 Cormorant Crescent Rural Vulcan County Rural Vulcan County T0L 2B0 $169,900Residential- Status:
- Active
- MLS® Num:
- A2210892
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 393 sq. ft.36 m2
Welcome to the most wonderful lake community only a short drive from Calgary. Lake Mcgregor Country Estates offers everything you could hope for in a lake community. This Gated resort is ideal for families and boat enthusiasts. This home offer a wonderful open plan with one bedroom, one bathroom and an added bunkie for friends and family to stay in. This park model has been updated and is move in ready, pack your clothes and a cooler as everything you see is included right down to the bedding and cooking utensils! Enjoy the cozy fireplace for those chilly nights and the AC for the hot summer nights. The patio doors open onto a beautiful covered deck and also has a large fenced yard that backs onto the green space. The bunkhouse in the backyard offers a cozy bed with TV, heat, and AC! These lots are very much desired in this community as the clubhouse is only steps away. The clubhouse includes an indoor and outdoor pool, sauna, hot tub, exercise room, games room, laundry room, showers, and a community hall! You will also find a playground, tennis courts, beach volleyball, and baseball diamonds! Don't forget about the lake with its own boat launch and boat docks. This community is very much golf cart friendly and has tons of activities for the whole family to enjoy such as Halloween in August and a July long weekend golf cart parade. More detailsListed by RE/MAX Landan Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email