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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.
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Email: diane@mypadcalgary.com
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BUNGALOWS FOR SALE IN HIGHLAND PARK CALGARY
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3804 Centre A Street NE in Calgary: Highland Park Detached for sale : MLS®# A2240103
3804 Centre A Street NE Highland Park Calgary T3E 3A6 $435,000Residential- Status:
- Active
- MLS® Num:
- A2240103
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 753 sq. ft.70 m2
Here’s your chance to secure unmatched value in a sought-after, quiet cul-de-sac in the heart of the city. Whether you’re looking for a turnkey rental, multi-generational living, or a future redevelopment site, this fully updated legal suited bungalow checks every box! PROPERTY HIGHLIGHTS: 1) LEGAL basement suite with separate entrance 2)Separate laundry & kitchens on both levels 3) 2 bedrooms upstairs + 1 bedroom downstairs 4)2 full bathrooms, 2 living rooms, 2 dining rooms 5) Huge 2-tier walk-out deck rebuilt in 2016 6) Newer furnace & hot water tank (2017) 7) Ample parking & privacy in a quiet cul-de-sac UNBEATABLE LOCATION: 1) Minutes to Deerfoot Trail and Downtown core 2) Steps to Centre Street, schools, shops, and transit 3) Close to major bus routes: #3, #301 (Downtown), #300 (Airport) REDEVELOPMENT POTENTIAL: Located in a high-demand inner-city area with active infill developments nearby — this property offers strong long-term appreciation potential. Exciting News! A major real estate development project is launching nearby — an incredible once-in-a-lifetime opportunity for savvy investors. Buy now and benefit from future growth! Don’t miss out – book your private showing today! Whether you plan to rent out, live in, or rebuild, this is the one you’ve been waiting for! More detailsListed by First Place Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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4412 Centre A Street NE in Calgary: Highland Park Detached for sale : MLS®# A2223111
4412 Centre A Street NE Highland Park Calgary T2E 3B1 $599,000Residential- Status:
- Active
- MLS® Num:
- A2223111
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 890 sq. ft.83 m2
Hello, Gorgeous! Whether you're looking to live, renovate, or redevelop, this incredible opportunity in Highland Park is one you don’t want to miss. Situated on a spacious 50’ x 130’ R-CG zoned lot, this property offers exceptional potential for a variety of buyers. The existing home could be updated to reflect your personal style, making it perfect for someone wanting to live in a well-located, mature inner-city community. Or, if you're looking for a project, the lot’s gentle slope and rear lane access offer ideal conditions for a walk-out basement and custom new build. With R-CG zoning, the door is also open for developers to explore multi-unit projects, such as townhomes or stylish infills. The flexibility of the land use combined with the size of the lot gives you plenty of options to maximize its potential. Located close to downtown, schools, parks, transit, and the future Green Line LRT, this is a vibrant area poised for continued growth. Whether you're settling in, starting fresh, or building for the future—this is a chance to be part of something special. Don’t miss out—reach out today and discover the possibilities! More detailsListed by Royal LePage Benchmark- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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3911 Centre A Street NE in Calgary: Highland Park Detached for sale : MLS®# A2227982
3911 Centre A Street NE Highland Park Calgary T2E 3A7 $615,000Residential- Status:
- Active
- MLS® Num:
- A2227982
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,029 sq. ft.96 m2
Builder's and Investor's Alert!!! This Full size lot in Highland Park is great for future development and you can hold this as Investment property, 3 bedrooms up and 2 bedroom Legal Suite down. Currently rented to one family at $2100. The Main Level features a bright East-Facing spacious Living Room that welcomes natural light throughout the day. The Dining Room is cozy and ideal for shared meals or hosting guests. The functional and newer Kitchen is equipped with Quartz Countertops and Stainless Steel Appliances. Three good-sized Bedrooms offer comfort and versatility. The Walk-Out Basement is fully finished with a Legal Suite. The suite includes its own Kitchen and a comfortable Living Room, creating a private and functional living space with excellent rental income potential. Two additional generous-sized Bedrooms offer flexibility for guests, tenants or extended family. A 3 Piece Bath and Basement Laundry complete this level, adding convenience to everyday living. Newer upgrades include the furnace and Tankless Water tank. Enjoy a Fully Fenced and Landscaped Backyard with a Fire Pit, perfect for outdoor relaxation and gatherings. Located close to a Clubhouse, Golf Course, Parks and Playgrounds. This house also offers convenient access to nearby Schools and Shopping for everyday essentials. Don't miss out ! More detailsListed by Jessica Chan Real Estate & Management Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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340 33 Avenue NE in Calgary: Highland Park Detached for sale : MLS®# A2240095
340 33 Avenue NE Highland Park Calgary T2E 2H8 $650,000Residential- Status:
- Active
- MLS® Num:
- A2240095
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 766 sq. ft.71 m2
FABULOUS INNER CITY HOME.2+ Bedrooms. Full Basement. EXCELLENT ACCESS TO EDMONTON TRAIL AND DOWNTOWN. UPDATES GALORE! INCLUDING MODERN KITCHEN, BATHROOM with Soaker Tub. Cast Iron. HARDWOOD FLOORS. DOUBLE DETACHED (22' X 26') GARAGE HEATED & PARKING PAD. LOADS OF CHARM & CHARACTER. PERFECT FOR SINGLE PERSON OR PROFESSIONAL COUPLE. YOUNG FAMILY, Downsize Retire. Relocate Here. More detailsListed by RE/MAX Landan Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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427 35 Avenue NW in Calgary: Highland Park Detached for sale : MLS®# A2221951
427 35 Avenue NW Highland Park Calgary T2K 0C2 $749,999Residential- Status:
- Active
- MLS® Num:
- A2221951
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 920 sq. ft.86 m2
50 Ft x 120 Ft Property | 5,995 SqFt Lot | Incredible Location | Steps Away from Queen's Park Greenspace & Walking Paths | South Backyard | Close to CBE James Fowler & Buchanan School | Bungalow | 3 Bedrooms | 2 Baths | Studio Basement Suite(illegal) | Massive Backyard | Double Detached Garage | Rear Lane | Front Driveway/Parking Pad | Close to All Transit | Quick Commute to Downtown. Welcome to 427 35 Avenue NW; a property with an incredible location of inner city NW Calgary surrounded by amenities in a family friendly neighbourhood. This 3 bed 2 bath bungalow has a studio basement suite(illegal) with a separate entry. The main level opens to the front living room which has a wood burning fireplace with a floor to ceiling stone accent wall behind. The main level kitchen has great cabinet storage and a dining nook. The 3 main level bedrooms are all a great size and share the main 4pc bath with a tub/shower combo. Downstairs, the studio basement suite(illegal) has a separate entry through the rear of the home. The studio basement kitchen has ample cabinet storage. The basement rec room is a studio layout where the rec room is the flex space for a bedroom/living space. The laundry for this home is located in the shared space in the basement. The utility room is accessible to both the main and basement levels. Outside, this home has a concrete patio, massive lawn space and detached double garage. The double detached garage has an extended front driveway that allows for additional parking. This home is steps away from 4 St NW and Centre St making it an easy commute to downtown. The neighbourhood has multiple transit points that head to all parts of the city too. Hurry and book a showing at this home today! More detailsListed by RE/MAX Crown- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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116 43 Avenue NW in Calgary: Highland Park Detached for sale : MLS®# A2222237
116 43 Avenue NW Highland Park Calgary T2K 0H6 $750,000Residential- Status:
- Active
- MLS® Num:
- A2222237
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 1,031 sq. ft.96 m2
Incredible Inner City Location | Highland Park | 60 Ft Frontage x 140 Ft Depth Lot | Rear Lane | Double Detached Garage | RV Parking | Bungalow with Illegal 1 Bedroom Basement Suite | Separate Electrical Meters | Main Level 3 Bed 1 Bath | Wood Burning Stove | Large Windows | Functional Floor Plan | Walk-up to Grade Separate Basement Entrance | Basement 1 Bed & 1 Bath | Egress Windows | Massive Backyard | Deck | Fully Fenced. Welcome to your inner city gem located in the gorgeous family friendly neighbourhood of Highland Park. This property has a 60 Ft frontage by 140 Ft Depth with rear lane access, a double detached garage and raised bungalow with a 1 bedroom basement suite(illegal). The main level of the home has 3 bedrooms, a 4pc bath and a functional floor plan. The front door opens to a foyer. Turn right into the bright and welcoming front living room with a large window and a corner wood burning stove. The kitchen is outfitted with laminate countertops, white appliances and ample cabinet storage. The 3 bedrooms on this level are spacious and share the main 4pc bath with a tub/shower combo. To access the basement laundry area; off the main level kitchen is a secure door that leads to the back staircase that leads to the shared area between two levels. The basement has a separate exterior entry for private use. The 1 bedroom basement suite(illegal) has egress windows and a good blend of living and dining space. The grand backyard is a great space for outdoor living and lounging. The yard has a deck and incredible lawn space. The rear double detached garage and RV parking is accessed through the rear lane. This property is rented with a great long term tenant on the main level. More detailsListed by RE/MAX Crown- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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3707 Centre A Street NE in Calgary: Highland Park Detached for sale : MLS®# A2244548
3707 Centre A Street NE Highland Park Calgary T2E 3A5 $798,800Residential- Status:
- Active
- MLS® Num:
- A2244548
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,405 sq. ft.131 m2
What a hidden gem in the Inner City! This fully renovated 1,405 sq.ft. walkout bungalow with a spacious Legal Suite is perfect for Live Up, Rent Down living. The main floor features 9-foot ceilings, vinyl plank flooring throughout, 3 bedrooms, and a brand-new Kitchen with quartz countertops and a centre island. Enjoy the peaceful east-facing view from the Living Room, and step out from the Master Bedroom onto a deck overlooking the sunny south-facing yard. The lower level offers a bright front walkout legal suite with 2 bedrooms (over 1,200 sq.ft.) and separate laundry—ideal for rental income or extended family. This property also includes a detached garage, a large concrete parking pad, and three separate decks—with back alley access providing easy entry to the garage and additional parking. Recent exterior upgrades include all new windows, new front steps, decks, and fencing. Situated at the end of a quiet street on a generous 5,995 sq.ft. lot, this home is just one block from Centre Street with easy transit access. It’s also close to downtown, near major routes like Deerfoot Trail, and located in a desirable area with nearby schools, parks, and everyday amenities. A fully renovated, move-in-ready bungalow under $800,000—don’t miss this rare opportunity! More detailsListed by Jessica Chan Real Estate & Management Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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223 41 Avenue NW in Calgary: Highland Park Detached for sale : MLS®# A2218740
223 41 Avenue NW Highland Park Calgary T2K 0G9 $819,900Residential- Status:
- Active
- MLS® Num:
- A2218740
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,031 sq. ft.96 m2
Wonderful URBAN Living Meets PRIME Investment Potential in Highland Park!! Welcome to 223 41 AVE NW, a hidden gem tucked away on a quiet, tree-lined street in the highly sought-after inner-city community of Highland Park. This detached bungalow, sitting on a PREMIUM & generous 50 x 120 ft lot, is much more than a home—it’s a lifestyle opportunity, an income generator, and a canvas for future development in one of Calgary’s most promising up-and-coming neighbourhoods. Whether you’re an investor looking to expand your portfolio with a solid revenue property, a homeowner seeking multi-generational living, or a visionary ready to explore infill development possibilities, this RARE offering checks every box. Zoned R-CG, with a fully LEGAL basement suite (223B 41 AVE NW) and located just minutes from downtown, this property effortlessly blends function, flexibility, and future potential. Step through the front door and into the main level—a space defined by GLEAMING hardwood floors, oversized windows, and a bright layout that feels both WARM and MODERN. The 3-bedroom upper level is ideal for a growing family, urban professionals, or tenants seeking comfort and style in a well-established neighborhood. The living room is flooded with natural light, creating a cozy yet spacious environment PERFECT for entertaining, relaxing, or working from home. Large windows provide a picturesque view of the quiet residential street, where mature trees line the sidewalks. A functional eat-in kitchen is well-appointed with ample cabinetry, full-size appliances, and room for a family table—ideal for casual breakfasts, homework sessions, or weekend brunches with friends. The flow between rooms is seamless, creating a sense of openness without sacrificing privacy. Three generously sized bedrooms, each with large closets and plenty of natural light from the South-facing sundrenched backyard, make up the sleeping quarters. Whether you need a nursery, a guest room, or a dedicated home office, this layout offers MAXIMUM flexibility for your lifestyle needs. Downstairs, you’ll find the kind of bonus that savvy buyers dream about—a fully LEGAL basement suite. With a private entrance, this space is ideal for tenants, in-laws, or adult children who want independence without being too far from home. The suite currently features one large bedroom, a spacious living and dining area, a 3-piece bathroom, and a beautiful full kitchen with modern cabinetries and appliances. The lower level is also large enough to easily accommodate a potential second bedroom, further increasing rental income potential or personal use flexibility. Highland Park is in HIGH DEMAND for renters, thanks to its central location and quick access to transit, downtown, SAIT, University of Calgary, and much more. If development is more your style, the R-CG zoning allows for potential future infill developments. The generous lot dimensions (50x120) provide ample space for new builds. Don't miss out - CALL TODAY for your PRIVATE TOUR!! More detailsListed by MaxWell Capital Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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4416 Centre A Street NE in Calgary: Highland Park Detached for sale : MLS®# A2166292
4416 Centre A Street NE Highland Park Calgary T2E 3B1 $950,000Residential- Status:
- Active
- MLS® Num:
- A2166292
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 874 sq. ft.81 m2
Hello, Gorgeous! Prime Development Opportunity in Highland Park, Calgary! This R-CG zoned 50’ x 130’ lot (100’ x 130’ if purchased with 4416 Centre A St NE) is ideal for developers, offering the potential for up to 9 units. Located on a sloped lot, potential for walk-out basements, and backing onto a lane, it’s set in a growing community near the future Green Line LRT. Enjoy easy access to downtown, parks, top schools, and transit. This flexible zoning allows for a range of builds, from townhomes to infills. Don’t miss this chance to invest in an area with strong growth potential! Combined Price: $1.9M (with MLS #A2166292) More detailsListed by Royal LePage Benchmark- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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4324 Centre A Street NE in Calgary: Highland Park Semi Detached (Half Duplex) for sale : MLS®# A2229161
4324 Centre A Street NE Highland Park Calgary T2E 3B1 $979,900Residential- Status:
- Active
- MLS® Num:
- A2229161
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 814 sq. ft.76 m2
Unlock the potential of this expansive 75’ x 130’ lot (9,750 sq ft) on a tranquil street in the dynamic Highland Park community, zoned R-CG for maximum development flexibility. Units 4324 and 4326 must be sold together for a combined price of $979,000, presenting a rare opportunity for developers and investors. This oversized lot supports multi-family builds, such as 4-6 row townhouses or a semi-detached home plus a detached home, each with suited basements for up to 12 dwelling units (6 primary + 6 secondary suites), all eligible for separate addresses to enhance rental appeal. With a backlane for private garage access, ample space remains for parking and outdoor amenity areas. The east-facing orientation offers potential for stunning views with a two-storey design, elevating long-term value. Located in vibrant Northwest Calgary, this lot is close to transit (potentially qualifying for reduced parking requirements), parks, amenities, and downtown, making it ideal for creating affordable housing in a high-demand area. Seize this chance to shape Highland Park’s evolving growth story with a prime, oversized lot! More detailsListed by Real Estate Professionals Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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4326 Centre A Street NE in Calgary: Highland Park Semi Detached (Half Duplex) for sale : MLS®# A2229157
4326 Centre A Street NE Highland Park Calgary T2E 3B1 $979,900Residential- Status:
- Active
- MLS® Num:
- A2229157
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 820 sq. ft.76 m2
Unlock the potential of this expansive 75’ x 130’ lot (9,750 sq ft) on a tranquil street in the dynamic Highland Park community, zoned R-CG for maximum development flexibility. Units 4324 and 4326 must be sold together for a combined price of $979,000, presenting a rare opportunity for developers and investors. This oversized lot supports multi-family builds, such as 4-6 row townhouses or a semi-detached home plus a detached home, each with suited basements for up to 12 dwelling units (6 primary + 6 secondary suites), all eligible for separate addresses to enhance rental appeal. With a backlane for private garage access, ample space remains for parking and outdoor amenity areas. The east-facing orientation offers potential for stunning views with a two-storey design, elevating long-term value. Located in vibrant Northwest Calgary, this lot is close to transit (potentially qualifying for reduced parking requirements), parks, amenities, and downtown, making it ideal for creating affordable housing in a high-demand area. Seize this chance to shape Highland Park’s evolving growth story with a prime, oversized lot! More detailsListed by Real Estate Professionals Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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107 40 Avenue NE in Calgary: Highland Park Detached for sale : MLS®# A2208101
107 40 Avenue NE Highland Park Calgary T2E 2M6 $1,499,888Residential- Status:
- Active
- MLS® Num:
- A2208101
- Bedrooms:
- 3
- Bathrooms:
- 4
- Floor Area:
- 1,228 sq. ft.114 m2
HOUSE BEING SOLD "AS IS WHERE IS" , land value. Located in mature community of Highland park, this corner lot is zoned as M-H1, multi-residential with main floor commercial development, allowing up to a maximum of 8 stories( 26 m) in height, and would offer stunning views, including of downtown. This location is considered a traffic collector/corner lot ( TRC/CRL) in City property details, and is next to location of future GREEN LINE LRT. Multiple buses including bus to AIRPORT are close by. Strategically located to local landmarks, shopping, schools, playgrounds, restaurants, and more residential and commercial amenities, as well as easy access to City downtown core. INVESTORS/BUILDERS/DEVELOPERS, don't miss out on this fantastic opportunity. ( Neighboring property at 4019, could be available for land assembly, 50' x 120' M-H1 creating 110 x 120 foot lot. Asking price 1.25 million) More detailsListed by Royal LePage Benchmark- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email