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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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Bungalows for sale in Forest Lawn Calgary
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5 3705 Fonda Way SE in Calgary: Forest Heights Row/Townhouse for sale : MLS®# A2240635
5 3705 Fonda Way SE Forest Heights Calgary T2A 6G9 $272,500Residential- Status:
- Active
- MLS® Num:
- A2240635
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 913 sq. ft.85 m2
Step into comfort and style in this sun-filled south-facing townhouse, perfectly designed for modern living. Featuring laminate flooring and new light fixtures throughout, this home offers a warm and inviting atmosphere. Relax in the bright living room with a cozy fireplace and access to your own private, fenced, south-facing yard through sliding glass doors—ideal for outdoor dining, gardening, or soaking up the sun. The kitchen is a chef’s delight, complete with ample cabinetry, sleek stainless steel appliances, and new pot lights that add a fresh, modern touch. You'll find two spacious bedrooms and a renovated 4-piece bathroom. Convenience is key with in-suite laundry and additional storage, plus a full crawl space basement for all your storage needs. Located just steps from the LRT and Marlborough Mall, this home offers unbeatable convenience in a family-friendly complex. More detailsListed by Property Solutions Real Estate Group Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2439 46 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2228707
2439 46 Street SE Forest Lawn Calgary T2B 1L1 $509,900Residential- Status:
- Active
- MLS® Num:
- A2228707
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,050 sq. ft.98 m2
Calling all first-time home buyers, savvy investors, and visionary builders! Discover an extraordinary gem in the vibrant heart of Forest Lawn—a residence that redefines excellence in this rejuvenated community. This stunning 4-bedroom, 2-bathroom masterpiece boasts a fully permitted LEGAL suite, unlocking endless possibilities for comfortable living or lucrative income potential. Nestled on a serene street, this home is mere steps from a sprawling park and playground, with top-rated schools, trendy shops, and everyday conveniences just a short stroll away. Its striking curb appeal captivates from the moment you arrive, with sophisticated stucco, natural stone, and cedar shake accents, paired with energy-efficient PVC low-E windows that blend style and sustainability. Step inside to a radiant, open-concept interior that exudes modern elegance. Renovated with sleek flooring, contemporary paint, updated windows and doors, and bathrooms, every detail reflects meticulous craftsmanship. The fully renovated lower-level LEGAL suite mirrors the same impeccable standard, offering flexibility for guests, tenants, or extended family. The expansive west-facing backyard is your private oasis, basking in sunlight and featuring a chic concrete patio, an oversized double garage, and gated RV parking—perfect for entertaining or relaxing in style. This rare combination of premium upgrades, prime location, and versatile potential makes this home an absolute must-see. Don’t miss your chance to own this unparalleled treasure! Schedule your exclusive private tour today and step into a world of opportunity and refined living. More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2602 44 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2239922
2602 44 Street SE Forest Lawn Calgary T2B 1J6 $515,000Residential- Status:
- Active
- MLS® Num:
- A2239922
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 984 sq. ft.91 m2
Looking for a new home and or investment property, please check out this brand new listing that just hit the market. It has had many upgrades and yes a brand new roof has just happened. This home features a large living room and a huge kitchen and three spacious bedrooms on the main floor plus a 4 piece bath, tile floors in the kitchen and hardwood floors through out. The kitchen cabinets and counter tops have been upgraded as have the windows. The lower level features a illegal two bedroom suite, three piece bathroom, upgraded HE furnace and upgraded electrical panel and a shared laundry room. The illegal suite has a large living room and quite a large bedroom plus a full kitchen and good appliances. The second bedroom is being used as a office . The previous tenants have just moved out and so the house has had a complete overhaul, deep cleaning, fresh paint, etc. totally move min ready .The lot is huge, 5875 square feet, perfect for redevelopment in the future. Forest Lawn is being rediscovered as a good investment area and as a place to find a truly affordable home to live in and enjoy the many amenities that are nearby, schools galore, parks, shopping and restaurants, very good transit service and quite close into downtown plus Chestermere Lake recreation area is very close by . PLease come and have a look. Very quick possession possible. More detailsListed by Calgary West Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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4518 Forman Crescent SE in Calgary: Forest Heights Detached for sale : MLS®# A2245360
4518 Forman Crescent SE Forest Heights Calgary T2A 2B2 $520,000Residential- Status:
- Active
- MLS® Num:
- A2245360
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,145 sq. ft.106 m2
PRIDE of OWNERSHIP | OVER 1,100 SF BUNGALOW with SEPARATE ENTRANCE | HUGE HEATED 3-CAR GARAGE 32 x 28 FT with 220V, HIGH CEILING, 16' X 12' and 8' X 6' DOOR | RV PARKING PAD | LONG FRONT DRIVE WAY | Other upgrades through the years: Roof approx 10 y/o, Hot Water Tank about 2 y/o, 8x6' Garage Door 2024, Carpet on main floor 4 y/o, Vinyl Plank in Kitchen. Welcome to this timeless bungalow located in the heart of Forest Heights. Built in 1961, the home features a functional layout, mature landscaping, located in a quite crescent, ideal for families, investors alike. The main floor boasts a spacious living room with large windows bringing a lot of natural light. Kitchen has been updated with vinyl flooring, and the rest of main floor was updated with newer carpet. The dining area has a sliding door walking out to the deck. The main floor completes with 3 good sized bedrooms and a full bathroom. Basement has been fully developed with one bedroom, one bathroom, a huge rec room for family entertainment. The house comes with a triple heated garage, RV parking pad, long front driveway, providing ample spaces for parking and storage. Located minutes from schools, parks, shopping, and transit, this home is perfect for buyers seeking a well-established neighborhood with easy access to downtown Calgary. Whether you're looking to move in, renovate, or invest, this home offers a rare opportunity to own a piece of Calgary’s east-side charm. Schedule your private showing today and explore the potential of 4518 Forman Crescent SE. More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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703 47 Street SE in Calgary: Forest Heights Detached for sale : MLS®# A2225361
703 47 Street SE Forest Heights Calgary T2A 1P7 $524,900Residential- Status:
- Active
- MLS® Num:
- A2225361
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,020 sq. ft.95 m2
Hidden Gem in Forest Heights! This 3-bedroom, 2-bathroom detached bungalow offers over 2,000 sq. ft. of total living space and was completely gutted and rebuilt in 2004. The basement has a separate walk-up entrance and could be easily suited. It is fully finished with a 3-piece bathroom, storage room, and large rumpus area. Located directly across from schools and parks, it’s ideal for families. The extra-large lot gives you plenty of front and backyard space. The desirable, west facing backyard is well-maintained and ready for your green thumb with plenty of gardening space. An added plus is the paved back alley access to your huge oversized double dream garage that can fit 4 cars. It measures 34’ x 24’ and includes 12-ft ceilings, 10-ft doors, 240-volt power, and a rough-in for in-floor heating. In addition to the garage you have a drive way along the side of the house for additional off street parking. It doesn't get any better than this! 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 Forest Lawn Calgary T2B 1H1 $525,000Residential- Status:
- Active
- MLS® Num:
- A2187114
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 857 sq. ft.80 m2
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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2211 43 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233600
2211 43 Street SE Forest Lawn Calgary T2B 1H4 $529,999Residential- Status:
- Active
- MLS® Num:
- A2233600
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 1,148 sq. ft.107 m2
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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5107 Forego Avenue SE in Calgary: Forest Heights Detached for sale : MLS®# A2240799
5107 Forego Avenue SE Forest Heights Calgary T2A 2C7 $535,000Residential- Status:
- Active
- MLS® Num:
- A2240799
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 871 sq. ft.81 m2
Set on one of the largest lots in Forest Heights and located on a quiet, tree-lined street, this impeccably maintained and thoughtfully updated bungalow offers exceptional space, privacy, and long-term potential. Freshly renovated throughout, the home features a bright and spacious main floor with new paint, updated lighting, and luxury vinyl plank flooring. The living room is flooded with natural light from a large picture window, while the newly renovated kitchen boasts quartz countertops, black appliances, new blinds, ample cabinetry, and easy-to-clean ceramic tile flooring. Three generously sized bedrooms, including a large primary, offer comfortable living for families, and the beautifully refreshed 4-piece bathroom includes a new tub surround and modern fixtures. The fully finished basement expands your living space with a large family and recreation room—complete with a cozy gas fireplace, wet bar, and a 2-piece bathroom with rough-in for a future shower. A laundry area and excellent storage complete the lower level. Pool and foosball tables are included! Outside, enjoy true privacy in both front and back yards. The massive, fully fenced yard is a gardener’s paradise, home to a variety of fruit trees including two apple varieties, four types of plums, four pear trees, a frost peach, an apricot, and a cherry tree. A covered patio, storage shed, and oversized single garage with gas hookup add functionality and future flexibility. You'll love the additional driveway off the front for even more parking. Recent upgrades include newer windows, roof, furnace, appliances, garage door, and opener—ensuring peace of mind for years to come. Located close to schools, shopping, transit, and the community centre, this property offers outstanding value in a mature, family-friendly neighbourhood. Whether you're a growing family, investor, or future builder—this home checks every box. More detailsListed by Coldwell Banker Mountain Central- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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440 Foritana Road SE in Calgary: Forest Heights Detached for sale : MLS®# A2235872
440 Foritana Road SE Forest Heights Calgary T2A 2B6 $564,900Residential- Status:
- Active
- MLS® Num:
- A2235872
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,057 sq. ft.98 m2
Welcome to this stunning, fully renovated bungalow nestled in the heart of Forest Heights, a well-established and family-oriented community known for its mature trees, welcoming atmosphere, and unbeatable convenience. This impressive home sits on a massive lot and offers a rare combination of modern upgrades, income potential, and comfortable living space for a growing family. Boasting excellent curb appeal and a single attached garage with an extended driveway, the property is located just minutes from a wide range of amenities including schools, parks, playgrounds, shopping centers, public transportation, and major roadways—making it ideal for busy families, commuters, or investors. As you step inside, you'll immediately notice the fresh, contemporary finishes and the bright, open layout that creates a warm and inviting atmosphere throughout the main floor. The spacious living room is flooded with natural light through large windows, providing the perfect place to relax or entertain. Adjacent to the living space is a generous dining area that flows effortlessly into the fully updated kitchen, which features brand new cabinetry, sleek countertops, stainless steel appliances, and ample storage and prep space—perfect for home chefs and families who love to cook together. The main level also includes three sizable bedrooms, each with large closets and plenty of natural light, along with a beautifully renovated 4-piece bathroom showcasing modern fixtures and a clean, timeless design. Downstairs, the fully developed basement offers even more living space and incredible flexibility with its own separate entrance, making it ideal for a future illegal suite, multi-generational living, or a private space for guests or teenagers. The lower level includes a massive family room that can be customized as a home theatre, games room, or shared living area, along with two spacious bedrooms that offer comfort and privacy. There is plenty of room to add a full kitchen, creating a completely self-contained unit with excellent rental potential. Recent upgrades include new flooring throughout, fresh paint, modern lighting, updated windows, and improved mechanical systems, offering peace of mind and long-term value. Outside, the expansive backyard is a true highlight of the property, offering endless possibilities for entertaining, gardening, children’s play, or even the addition of a detached garage or workshop. Whether you’re looking for a stylish, move-in-ready family home or a smart investment opportunity with future income potential, this property truly has it all. Combining modern living, a flexible layout, and a prime location close to everything you need, this beautifully updated bungalow in Forest Heights is a rare find. Don’t miss your chance to own this exceptional property—book your private showing today and explore all that it has to offer! More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1523 48 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2236925
1523 48 Street SE Forest Lawn Calgary T2A 1R8 $579,900Residential- Status:
- Active
- MLS® Num:
- A2236925
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 884 sq. ft.82 m2
Welcome to fully renovated home, this time in desire Community of Forest Lawn. This immaculately FULLY renovated Bungalow, is perfect investment property to live up and rent down or rent both. Comes with total of 4 bed, 2.5 washroom, 2 kitchen, 2 living, 2 separate laundries, separate entrance. and huge backyard with Double Detached Garage along with ample street parking on quite street. Here we go, as you enter to open concept living room, dinning, high end kitchen with quartz, island, SS appliances, separate laundry, full 4 pc washroom, 2 pc ensuite washroom, 2 bedroom, high end vinyl plank through out the floor. Basement, has its own separate entrance, comes with illegal suite, huge living, kitchen, full 4 pc washroom, 2 bed rooms, carpet on the floor, separate laundry, utility room. Located on quite street, walking distance from Bob Bahan Aquatic & Fitness Centre, close to 17 Ave, Stoney Trial, Deerfoot, 52 ST, Memorial drive, and close to most of the amentias such as school, shopping, and you name it, enjoy the showing and feel free to call for private viewing thx.. More detailsListed by Real Estate Professionals Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2608 42 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2220135
2608 42 Street SE Forest Lawn Calgary T2B 1G7 $589,900Residential- Status:
- Active
- MLS® Num:
- A2220135
- Bedrooms:
- 6
- Bathrooms:
- 2
- Floor Area:
- 1,013 sq. ft.94 m2
Fully Renovated( Oct, 2023) 6-Bedroom Bungalow with Basement Suite (illegal) in Forest Lawn SE! This stunning, move-in-ready detached bungalow in the heart of Forest Lawn SE has been thoughtfully upgraded from top to bottom. Fully renovated (Oct, 2023) including a new furnace , new hot water tank , New kitchen's, all new appliances, new egress windows in the basement, and all new windows on the main floor, ensuring comfort, safety, and energy efficiency. You’ll also appreciate the modern knockdown ceilings throughout the home, adding a stylish and contemporary finish. Ideally located just minutes from downtown Calgary, and close to schools, parks, shopping centres, and public transit, this home offers incredible convenience and versatility for families, first-time buyers, or investors alike. Step inside to a bright and welcoming foyer that opens into a spacious living room filled with natural light from large front-facing windows. The beautifully renovated kitchen features quartz countertops, stainless steel appliances, a stylish tile backsplash, and a central island, perfect for both everyday use and entertaining. The main floor also includes three generously sized bedrooms and a fully updated 4-piece bathroom. Downstairs, the basement suite (illegal) offers a private entrance, a second modern kitchen with stainless steel appliances, another 4-piece bathroom, three additional bedrooms, and a separate laundry area—an excellent layout for extended family living. Enjoy outdoor living in the large, fully fenced backyard, ideal for summer gatherings, gardening, or adding a garage in the future. With its extensive renovations and prime location, this home is the perfect blend of style, function, and opportunity. Book your private showing today—this one won’t last! More detailsListed by RE/MAX House of Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2040 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2233702
2040 47 Street SE Forest Lawn Calgary T2B 1L3 $590,000Residential- Status:
- Active
- MLS® Num:
- A2233702
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,049 sq. ft.98 m2
Incredible Investment Opportunity on a Prime Corner Lot! This classic bungalow sits on an RC-G zoned corner lot measuring 6,600 sq ft with 55 feet of frontage—perfect for redevelopment or holding as a high-potential income property. Ideally located roughly 15 minutes from downtown and with a wide range of amenities that are even closer, this property is perfect for investors, developers, or homeowners seeking versatility. Situated close to transit, schools, parks, and numerous amenities, this location is unbeatable. Offering close to 2,000 sq ft of developed living space, the home features a spacious main floor and a large illegal basement suite—ideal for live-up/rent-down or full rental income. The double detached garage adds extra value and functionality. The RC-G zoning allows for a variety of redevelopment options including row housing or multi-family housing, making this a standout opportunity in a sought-after area. Whether you're looking to invest, redevelop, or live with rental income, this property checks all the boxes. Don’t miss this rare chance to secure a valuable piece of real estate with significant upside. More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email