Featured Listings
415 Roxboro Road Southwest
$3,200,000
Nestled in the prestigious Roxboro community, this exceptional residence at 415 Roxboro Drive SW presents a rare opportunity to own a masterfully crafted home in...
CIR Realty
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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BUNGALOWS FOR SALE FOREST LAWN CALGARY
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2224 38 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2211192
2224 38 Street SE Calgary T2B 0Z8 
$519,000Residential- Status:
- Active
- MLS® Num:
- A2211192
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 919 sq. ft.
Updated 3+2 Bedroom Bungalow on a Spacious R-GC Lot! This charming home features a bright living room with large windows and laminate flooring throughout the main level. The open-concept kitchen and dining nook create a welcoming, functional space. Enjoy the peace of mind that comes with updates completed approximately 5 years ago, including the roof/shingles, windows, flooring, and an upgraded electrical panel. The fully developed basement includes a 2-bedroom illegal suite with a separate entrance and shared laundry area—perfect for extended family or potential rental income. Outside, you’ll find a massive backyard and an oversized double garage, offering plenty of space for outdoor living and storage. Great opportunity for the first time homebuyer and investor! More detailsListed by RE/MAX Real Estate (Central)- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2423 39 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2204059
2423 39 Street SE Calgary T2B 1A8
$519,900Residential- Status:
- Active
- MLS® Num:
- A2204059
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 988 sq. ft.
Double Garage | 5 Beds 2 Baths | Illegal Basement Suite | Move in Ready | Large Lot | Welcome to 2423 39 St SE, a delightful 5 bedroom, 2 bathroom home nestled in the heart of the vibrant Forest Lawn community. This bungalow has been thoroughly renovated from top to bottom and make is ready to move in. Lots of updates have been made, including fresh paint for the house and garage, brand new vinyl flooring throughout the house, beautiful lights in the kitchen, newer laundry set on main floor. Basement has a separate side entrance, kitchen, 2 bedrooms, the washroom has a jet tub for truly relaxing experience. The house also comes with an attached sunroom overlooking the backyard, providing more space to enjoy the quality time with family/friends. Located in a prime location, this house is close to everything: schools and bus are within 3 mins walking, Franklin LRT train station is 7mins drive, 3 mins to the closet medical clinic as well as other grocery stores. This is a must-see, book your private showing today. More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1827 43 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2187114
1827 43 Street SE Calgary T2B 1H1
$525,000Residential- Status:
- Active
- MLS® Num:
- A2187114
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 857 sq. ft.
MC-1 LOT | 50 x 121 FOOT LOT | Development Opportunity | Attention builders and developers! This is a rare opportunity to acquire a prime piece of MC-1 land in the bustling city of Calgary, with the potential for multi-family development. Located just a minute walk away from the vibrant 17th Avenue, one of Calgary’s most dynamic and amenity-rich areas. Enjoy easy access to a plethora of shops, restaurants, cafes, and essential services, all just a short walk away! With the ongoing development and revitalization of the surrounding area, this property is a solid investment opportunity with potential for growth. More detailsListed by URBAN-REALTY.ca- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2428 36 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2212424
2428 36 Street SE Calgary T2B 0Y3
$529,900Residential- Status:
- Active
- MLS® Num:
- A2212424
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,043 sq. ft.
Renovated Bungalow | Huge Lot | Illegal Basement Suite | 5 Bed | Detached Garage | RCG Zoning | Welcome to this beautifully renovated 5-bedroom, 2-bathroom home. Sitting on a generous lot, this property offers ample space inside and out—ideal for families, investors, or anyone looking for a move-in-ready home with added income potential. Step inside to discover a bright and spacious main floor, flooded with natural light from large vinyl windows. The living area flows seamlessly into an adjacent dining space highlighted by a stunning light fixture. Perfect for entertaining, the kitchen features stainless steel appliances, ample cabinet storage, and plenty of counter space. The main level includes three good-sized bedrooms and a full 4-piece bathroom, offering comfort and convenience for the entire family. Downstairs, you'll find an illegal basement suite with its own private entrance - perfect for various opportunities. This level boasts a spacious master bedroom with ample closet space, two additional bedrooms, a second 4-piece bathroom, a large family room, and a fully equipped kitchen. A dedicated utility room with washer and dryer adds to the suite's functionality. Outside, enjoy the large backyard—perfect for summer BBQs and family gatherings. The property also includes a single detached garage, ideal for those chilly winter mornings. There are so many different usages of this property. LIVE UP AND RENT DOWN. Another use could be rent both up and down for now, and in the future (pending city approval) you could build an 8Plex. Located in the heart of Forest Lawn, this home is close to shopping plazas, schools, public transit, many restaurants, and major roadways—making it a convenient and well-connected place to call home. Don't miss out on this fantastic opportunity. Whether you're looking for a family home or an investment property, this one checks all the boxes! More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2617 43 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2200856
2617 43 Street SE Calgary T2B 1H6
$549,000Residential- Status:
- Active
- MLS® Num:
- A2200856
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,071 sq. ft.
Open House This Sunday April 6th from 1- 2:30 pm. Endless possibilities await you in the heart of Forest Lawn! Nestled in a vibrant and family-friendly community, this charming bungalow presents an exceptional opportunity for investors, developers, or homeowners seeking a place to make their own. Step inside and discover a well-designed layout that features three spacious bedrooms upstairs and a fully developed basement with a separate entrance. The basement boasts a cozy wood-burning fireplace, the perfect spot to unwind after a long day. Hardwood flooring beneath the laminate adds timeless character to this solidly built home. The main features include a spacious living room, kitchen, and dining room area, all with ample room for entertaining. The lower level features a fourth bedroom, a family room with a wood-burning fireplace, a 4 piece bathroom, and plenty of storage space. The garage roof and door were upgraded (2016), a brand-new deck was added (2024). The oversized single detached garage has gas and electrical outlets and ample parking, with a front driveway that can fit two cars and double parking in the back. The bungalow’s prime location near schools, restaurants, and amenities, coupled with its future development potential, makes it more than just a home—it’s an investment in your future. Whether you plan to live, rent, or build, this bungalow offers the perfect opportunity for you. More detailsListed by RE/MAX Real Estate (Mountain View)- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5219 Memorial Drive SE in Calgary: Forest Heights Detached for sale : MLS®# A2210184
5219 Memorial Drive SE Calgary T2A 2P9
$549,900Residential- Status:
- Active
- MLS® Num:
- A2210184
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,156 sq. ft.
Huge bungalow sitting on a big lot , close to all amenities: schools-shop-banks-walk to bus stops- 10 mins to downtown... 1155 sqft, ,mainfloor with 3 good size bedrooms+ 1 full bath, kitchen, spacious living room w/ wood fireplace combined with dining area. Basement with separated entrance with MIL illegal mother in law suite : 2 more bedrooms with large windows and a den , huge family room , and a spacious bathroom. single detached garage, front porch... with a little update this will be a great home - or rental investment for live up and rent down. ( new hot water tank- roof and furnace are couple years old) More detailsListed by TREC The Real Estate Company- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2211 43 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2200530
2211 43 Street SE Calgary T2B 1H4
$549,999Residential- Status:
- Active
- MLS® Num:
- A2200530
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 1,148 sq. ft.
Attention Builders and investors - WELCOME to this R-CG 50x122 ft Lot in the heart of forest lawn.This 1148 Sq Ft home with Double detached Car Garage is perfect for a Growing Family, Revenue Property and Future Development. Bright and Spacious with 2 Side Entrances. Few UPGRADES are Furnace, Hot Water Tank & AC. New Shingles, Siding, Garage Doors, In Garage Concrete Floor & Roughed In. Welcome to Large Entrance into your Spacious Living Room, Dining Room, With Built in Cabinet, Kitchen with Back Splash and Stainless Steel Appliances, Pantry and Pull Out Shelves in a Lower Cabinet. Primary Bedroom Features 2 Closets, 2 Additonal Bedrooms and Main Bath. Separate Side Entrance to Upstairs Kitchen, Lower Level and Back yard. Downstairs you will find a Rec Room with a Pool Table & Pool Cues, A Family Room and a Den Area. As well, A Cold Room tucked away between the Rec Room and Den. There is a Workshop, Laundry Room/Utility Room and a Partially Finished Bathroom. The West Back Yard is Sunny and Large with Double Car Garage with an Additional Parking Space . Private, Well Maintained and Ready for your Family! Please book your showing and own this beautiful house. More detailsListed by TREC The Real Estate Company- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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4824 8 Avenue SE in Calgary: Forest Heights Detached for sale : MLS®# A2207434
4824 8 Avenue SE Calgary T2A 0A9
$554,999Residential- Status:
- Active
- MLS® Num:
- A2207434
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 947 sq. ft.
Charming 3+2 -bedroom bungalow with an illegal basement suite, open floor plan and an oversized double detached garage. This home has been totally renavated few years ago with new vinyl windows, New Vinyl Plank flooring throughout, New shingles (roof) and new kitchens cabinets and quartz counterops & stylish mosaic backsplash on both kitchens. The 4-pcs bathroom has also been updated. The property includes a separate entrance leading to an illegal 2-bedroom basement suite, complete with a large family room, second kitchen, shared laundry, and a 4 pcs bathroom. Enjoy a large maintenance free backyard , Conveniently located within walking distance to schools, playgrounds, shopping, transportation, and across from Calgary public Library,. A fantastic turnkey opportunity for first-time homebuyers and investors. Book your showing today! More detailsListed by RE/MAX Real Estate (Central)- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2235 46 Street in Calgary: Forest Lawn Detached for sale : MLS®# A2208211
2235 46 Street Calgary T2B 1K7
$557,500Residential- Status:
- Active
- MLS® Num:
- A2208211
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,157 sq. ft.
Situated on the quiet part of Forest Lawn, this home is just steps away from Elliston Park, offering you access to green space, walking trails, and recreational areas. Plus, it’s conveniently located near schools, shopping, and public transit. Upon entering, you’ll be greeted by a spacious living room with large windows that flood the space with natural light. The real wood fireplace adds a touch of warmth and charm, becoming a rare commodity in today’s homes. It’s the perfect spot to unwind during those colder months. Perhaps you want to watch TV and wind down before bed, you can do that in the primary suite with a designated living area before entering your master bedroom. The well-appointed kitchen features modern appliances, ample cabinetry, and plenty of counter space. With three generously sized bedrooms, this home provides ample space for family and guests. The updated bathrooms offer sleek finishes and a clean, modern feel. One of the standout features of this property is the separate basement entrance, providing great potential for a rental from the existing illegal suite to generate revenue and help pay the mortgage. This added flexibility makes the home a smart investment for anyone looking for a secondary income stream. The property also boasts new landscaping and drainage work, ensuring water is properly diverted away from the house. The large backyard is a private oasis, featuring a concrete terrace perfect for outdoor entertaining, a storage shed, and additional storage space beside the HEATEAD garage, which could easily be converted into a small RV parking spot. The front yard and backyards are fully fenced, offering a secure space for children or pets – especially ideal if you have a dog. Key upgrades include a new roof and hot water tank, both just two years old, as well as brand new vinyl flooring throughout, making this home move-in ready and low-maintenance. Don’t miss out on this fantastic opportunity to own a well-maintained home with incredible potential. Schedule your private viewing today! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1516 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2197631
1516 47 Street SE Calgary T2A 1R4
$598,000Residential- Status:
- Active
- MLS® Num:
- A2197631
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 904 sq. ft.
Attention investors and developers! This property is being sold together with 1510 47 St SE, creating a substantial 100' x 120' (12,000 sf) combined lot with immense development potential. There is potential to get up to 8 townhomes with 8 legal basement suites, for a total of 16 units. This redevelopment project could cater to Calgary's growing demand for housing. Currently featuring a ILLEGAL SUITED HOME, with tenants in place. The functional main floor offers a spacious living room, a bright kitchen, a full bathroom, and three generously sized bedrooms. The lower level features a fully developed illegal suite with its own separate entry, full kitchen, shared laundry, full bathroom, and two bedrooms. The exterior of the home is equally impressive, with an oversized detached double garage, an additional parking pad, and a beautifully landscaped private yard perfect for entertaining. Whether you're an experienced builder or developer seeking your next project or an investor looking to capitalize on cash flow and future development possibilities, this offering is truly exceptional. Owner is unaware of any permits for the basement development. More detailsListed by Royal LePage METRO- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1510 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2197630
1510 47 Street SE Calgary T2A 1R4
$598,000Residential- Status:
- Active
- MLS® Num:
- A2197630
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 956 sq. ft.
Attention investors and developers! This property is being sold together with 1516 47 St SE, creating a substantial 100' x 120' (12,000 sf) combined lot with immense development potential. There is potential to get up to 8 townhomes with 8 legal basement suites, for a total of 16 units. This redevelopment project could cater to Calgary's growing demand for housing. Currently featuring a LEGAL SUITED HOME, with tenants in place. The functional main floor offers a spacious living room, a bright white kitchen, a full bathroom, and three generously sized bedrooms. The lower level features a fully developed legal suite with its own separate entry, full kitchen, shared laundry, full bathroom, and one bedroom. The exterior of the home is equally impressive, with an oversized detached double garage, an additional parking pad, and a beautifully landscaped private yard perfect for entertaining. Whether you're an experienced builder or developer seeking your next project or an investor looking to capitalize on cash flow and future development possibilities, this offering is truly exceptional. More detailsListed by Royal LePage METRO- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2401 40 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2202406
2401 40 Street SE Calgary T2B 1C1
$599,900Residential- Status:
- Active
- MLS® Num:
- A2202406
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,333 sq. ft.
An incredible opportunity for investors, builders, and developers, this rare RC-G zoned CORNER LOT with a back lane spans 50 x 126 feet, offering the potential to develop a 4-plex with legal suites for up to eight units, subject to city approval. Located on a quiet street just a few blocks from schools, the property features a fully fenced oversized lot. The main floor includes two bedrooms, a full bathroom, a large living room, a sitting room, and a bright solarium overlooking the backyard. Basement features a separate entrance, with a kitchen, two bedrooms and bath. A single detached garage and ample street parking add convenience, while the surrounding area continues to grow with new developments along 17 Ave SE. Whether you're looking to build now or hold for future development, this property presents an exceptional chance to live, rent, and invest, with a long-term tenant already in place. Viewings are subject to an accepted offer. Don’t miss out on this prime development opportunity with endless potential—act now! More detailsListed by Keller Williams BOLD Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
Data was last updated April 23, 2025 at 02:05 PM (UTC)
