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Affordable Calgary Homes for Sale Under $500,000 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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Get in Touch with Diane Richardson – Your Trusted Calgary Real Estate Professional

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Calgary homes for sale under $500,000-Calgary properties under $500KGreenwood/Greenbriar

HOMES FOR SALE IN INNISFAIL, ALBERTA

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  • 26 5404 42 Street: Innisfail Mobile for sale : MLS®# A2231238

    26 5404 42 Street Innisfail Innisfail T4G 1S2
    Main Photo: 26 5404 42 Street: Innisfail Mobile for sale : MLS®# A2231238

    26 5404 42 Street Innisfail T4G 1S2 Innisfail

    $57,500
    Mobile
    Status:
    Active
    MLS® Num:
    A2231238
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    924 sq. ft.
    Big value with even bigger potential. A 1978 Fleetwood mobile home in Westwood manufactured mobile home park. The mobile home measured up to be 14'x66' , solid, clean, well built addition with wood burning stove measured up to be 16'x12', east facing front, freshly painted deck is 8'x8', back deck facing south west is 12'6"x 11'6", carport measured up to be 19'4"x 9'10", back porch measured 11'x8", garden shed #1 is 12'x8', garden shed #2 is 10'x8', 3rd garden shed is oddly cool and round. Newer refrigerator, newer stove, newer washing machine, newer stick and peel linoleum in kitchen, living room has carpet. The primary bedroom offers a cheater door to a 4 piece bath, bedroom #2 has it's own 3 piece ensuite and most windows upgraded over the years to a vinyl window. If you're looking for affortable living that has a little extra square footage and you get a carport, numerous sheds, 2 decks, fenced yard and the wonderful small town feel of Innisfail, Alberta, then you should look at this home. Home needs shingles, pet friendly park with park approval. Seller is in a great position to accomodate a buyer's quick possession. Current pad rent will be approximately $765/month and includes garbage, sewer, water, park care and upkeep. Home is ideal for young peoples starting out, perfect place to retire or if you just need to bounce into a new atmosphere with new surroundings this might be where you want to be. More details
    Listed by Maxwell Real Estate Solutions Ltd.
    LISTING DETAILS
    DIANE RICHARDSON

  • 5440 Davies Street: Innisfail Residential Land for sale : MLS®# A2242835

    5440 Davies Street Innisfail Innisfail T4G 1E3
    Main Photo: 5440 Davies Street: Innisfail Residential Land for sale : MLS®# A2242835

    5440 Davies Street Innisfail T4G 1E3 Innisfail

    $105,000
    Land
    Status:
    Active
    MLS® Num:
    A2242835
    Half an Acre Vacant Lot in Town - Nature Just right outside of your Door. Don't miss your chance to bring your own builder and complete your dream home on this half an acre lot. This vacant lot is perfectly positioned in the community of beautiful Town of Innisfail. This prime lot offers unbeatable convenience to the highway 2 if you love travelling around. It sits in an area with lots of trees. Birds singing and Deers running around. Nature is just right outside of your door. Currently the lot is zoned as R1A. We submitted our application for rezoning to R1C to allow more efficient use of the land. There are 3 lots for sale, so bring your friends and families together to your next door. More details
    Listed by Grand Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 5420 Davies Street: Innisfail Residential Land for sale : MLS®# A2242076

    5420 Davies Street Innisfail Innisfail T4G 1E3
    Main Photo: 5420 Davies Street: Innisfail Residential Land for sale : MLS®# A2242076

    5420 Davies Street Innisfail T4G 1E3 Innisfail

    $105,000
    Land
    Status:
    Active
    MLS® Num:
    A2242076
    Don't miss your chance to bring your own builder and complete your dream home on this half an acre lot. This vacant lot is perfectly positioned in the community of beautiful Town of Innisfail. This prime lot offers unbeatable convenience to the highway 2 if you love travelling around. It sits in an area with lots of trees. Birds singing and Deers running around. Nature is just right outside of your door. Currently the lot is zoned as R1A. We submitted our application for rezoning to R1C to allow more efficient use of the land. There are 3 lots for sale, so bring your friends and families together to your next door. More details
    Listed by Grand Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 5400 Davies Street: Innisfail Residential Land for sale : MLS®# A2242066

    5400 Davies Street Innisfail Innisfail T4G 1E3
    Main Photo: 5400 Davies Street: Innisfail Residential Land for sale : MLS®# A2242066

    5400 Davies Street Innisfail T4G 1E3 Innisfail

    $105,000
    Land
    Status:
    Active
    MLS® Num:
    A2242066
    Don't miss your chance to bring your own builder and complete your dream home on this half an acre lot. This vacant lot is perfectly positioned in the community of beautiful Town of Innisfail. This prime lot offers unbeatable convenience to the highway 2 if you love travelling around. It sits in an area with lots of trees. Birds singing and Deers running around. Nature is just right outside of your door. Currently the lot is zoned as R1A. We submitted our application for rezoning to R1C to allow more efficient use of the land. There are 3 lots for sale next to each other, so bring your friends and families together to your next door. More details
    Listed by Grand Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 4804 47 Avenue: Innisfail Residential Land for sale : MLS®# A1258133

    4804 47 Avenue Innisfail Innisfail T4G 1N6
    Main Photo: 4804 47 Avenue: Innisfail Residential Land for sale : MLS®# A1258133

    4804 47 Avenue Innisfail T4G 1N6 Innisfail

    $108,801
    Land
    Status:
    Active
    MLS® Num:
    A1258133
    Bare lot 56X120 located close to Downtown Innisfail. Currently zoned RT, to be rezoned by the Town of Innisfail More details
    Listed by Century 21 Bravo Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 4920 49 Street W: Innisfail Commercial Land for sale : MLS®# A2243974

    4920 49 Street W Innisfail Innisfail T4G 1N2
    Main Photo: 4920 49 Street W: Innisfail Commercial Land for sale : MLS®# A2243974

    4920 49 Street W Innisfail T4G 1N2 Innisfail

    $109,950
    Land
    Status:
    Active
    MLS® Num:
    A2243974
    VACANT LOT. DOWNTOWN INNISFAL. ZONED C0MMERCIAL BUSINESS. More details
    Listed by RE/MAX real estate central alberta
    LISTING DETAILS
    DIANE RICHARDSON

  • 4983 60 Avenue: Innisfail Residential Land for sale : MLS®# A2233324

    4983 60 Avenue Innisfail Innisfail T4G 0N6
    Main Photo: 4983 60 Avenue: Innisfail Residential Land for sale : MLS®# A2233324

    4983 60 Avenue Innisfail T4G 0N6 Innisfail

    $123,850
    Land
    Status:
    Active
    MLS® Num:
    A2233324
    Welcome to the charming lakeside community of Napoleon Lake in Innisfail—where small-town charm meets natural beauty! This is one of the most desirable and premium lots in the development, offering the rare opportunity to build your dream home with stunning, unobstructed views of Napoleon Lake. Whether you envision a cozy retreat or a spacious family home, this oversized 66' x 125' lot provides ample room for a large footprint and even a triple garage—perfect for those who need extra space for vehicles, toys, or a workshop. Innisfail is a vibrant and growing community known for its friendly atmosphere, excellent schools, abundant parks, and family-oriented amenities. You'll love the peaceful, laid-back lifestyle that comes with lakeside living, while still enjoying quick access to shopping, dining, recreation facilities, and professional services. Imagine waking up to serene lake views, enjoying quiet evening walks along the water, and experiencing nature right from your doorstep—all while being part of a welcoming, close-knit neighbourhood. Don’t miss this chance to build the home you’ve always wanted, Secure this lot and start constructing your dream home today! More details
    Listed by Century 21 Advantage
    LISTING DETAILS
    DIANE RICHARDSON

  • 4 4607 46 Street: Innisfail Row/Townhouse for sale : MLS®# A2213093

    4 4607 46 Street Innisfail Innisfail T4G 1X9
    Main Photo: 4 4607 46 Street: Innisfail Row/Townhouse for sale : MLS®# A2213093

    4 4607 46 Street Innisfail T4G 1X9 Innisfail

    $140,000
    Residential
    Status:
    Active
    MLS® Num:
    A2213093
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    470 sq. ft.
    **BACK ON THE MARKET! **Affordable, Move-In Ready & Sun-Soaked Bi-Level in Innisfail Here’s your second chance to scoop up this charming bi-level condo at 4607 D 46 Street in Innisfail. Whether you're a first-time buyer, someone looking to downsize, or simply seeking a low-maintenance lifestyle, this home checks all the right boxes. Offering 843 sq. ft. of bright, functional living space, you'll love the natural light that fills the west-facing living room and the peaceful vibes of your private, south-facing balcony—perfect for morning coffee or winding down after a long day. Inside, you'll find two generous bedrooms that can easily double as a guest room or home office. The kitchen offers ample counter space and flows into a cozy dining area—ideal for casual meals or catching up with friends. The full bathroom is clean and practical, and the unit also includes in-suite laundry and extra storage. With low condo fees of just $350 per month (covering water, snow removal, and common area maintenance), this is truly a worry-free place to call home. Plus, you're just five minutes from downtown Innisfail’s shops, schools, and parks—with Red Deer only 20 minutes down the highway. This home is move-in ready and full of potential—don't miss out a second time. Come see for yourself why this unit is such a smart and comfortable choice. More details
    Listed by Real Broker
    LISTING DETAILS
    DIANE RICHARDSON

  • 204 4516 47 Street: Innisfail Row/Townhouse for sale : MLS®# A2234040

    204 4516 47 Street Innisfail Innisfail T4G 1P5
    Main Photo: 204 4516 47 Street: Innisfail Row/Townhouse for sale : MLS®# A2234040

    204 4516 47 Street Innisfail T4G 1P5 Innisfail

    $189,900
    Residential
    Status:
    Active
    MLS® Num:
    A2234040
    Bedrooms:
    4
    Bathrooms:
    1
    Floor Area:
    1,210 sq. ft.
    Visit REALTOR® website for additional information. Step into this bright & beautifully updated 2-storey townhouse in Innisfail that checks all the boxes with 2 powered stalls, private backyard, recent updates & a green space behind. With a cheerful open-concept floor plan, hardwood floors, plus modern updates, this is a perfect family home. The main level features a welcoming living space that flows seamlessly into the kitchen and dining area—with a sliding glass door that opens to your private fenced backyard and patio, perfect for morning coffee or BBQs. Upstairs, find 3 spacious bedrooms & a stylishly updated bathroom, while the partially finished basement has a fourth bedroom, laundry & extra space for guests, a home office, or workout zone. Enjoy the peaceful green space behind and low condo fees that make life easier and more affordable. This is the perfect place to call home! More details
    Listed by PG Direct Realty Ltd.
    LISTING DETAILS
    DIANE RICHARDSON

  • 4527 47 Street: Innisfail Row/Townhouse for sale : MLS®# A2224675

    4527 47 Street Innisfail Innisfail T4G 1P5
    Main Photo: 4527 47 Street: Innisfail Row/Townhouse for sale : MLS®# A2224675

    4527 47 Street Innisfail T4G 1P5 Innisfail

    $189,900
    Residential
    Status:
    Active
    MLS® Num:
    A2224675
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    871 sq. ft.
    Check out this excellent value in a 2-bedroom, 1-bath townhouse, perfect for first-time buyers or investors looking to add to their portfolio. The townhouse features an updated and bright kitchen the moment you walk in, with a spacious dining/living room. This unit has a private, fully fenced backyard—ideal for relaxing or entertaining. Upstairs, you'll find two generous-sized bedrooms and a 4-piece bathroom. This unit comes with 2 parking spaces directly in front of the townhouse, providing added convenience. Plus, it's just around the corner from shopping and amenities in Innisfail, with easy access to Highway 2 for quick in-and-out travel. More details
    Listed by CIR Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 4807 47 Avenue: Innisfail Residential Land for sale : MLS®# A2188596

    4807 47 Avenue Innisfail Innisfail T4G 1N6
    Main Photo: 4807 47 Avenue: Innisfail Residential Land for sale : MLS®# A2188596

    4807 47 Avenue Innisfail T4G 1N6 Innisfail

    $249,000
    Land
    Status:
    Active
    MLS® Num:
    A2188596
    Development opportunities for this property. The zoning is residential transition. The permitted uses are: Accessory Residential Buildings, Detached Dwellings, Duplex Dwellings, Home, Occupation – Class 1, Home Occupation – Class 2, Secondary Suite, Office, Personal Services. Discretionary Uses: Accessory buildings and uses, Adult Care Housing, Bed and Breakfast, Child Care Facility, Fourplex, Mixed Use – residential/commercial only, Row housing, Stacked Rowhouse. Town planning indicated that an application for an Apartment Building would be supported because Shortage of affordable housing within community. Seller offers construction management services. More details
    Listed by RE/MAX House of Real Estate
    LISTING DETAILS
    DIANE RICHARDSON

  • On Highway 54: Innisfail Commercial Land for sale : MLS®# A2193949

    On Highway 54 Innisfail Innisfail T4G 0E4
    Main Photo: On Highway 54: Innisfail Commercial Land for sale : MLS®# A2193949

    On Highway 54 Innisfail T4G 0E4 Innisfail

    $289,900
    Land
    Status:
    Active
    MLS® Num:
    A2193949
    1.07 Acres with great visibility from highway 2 and highway 54, located on the northwest corner of the south Innisfail Overpass, This land would be a great spot to start or relocate a business! More details
    Listed by RE/MAX real estate central alberta
    LISTING DETAILS
    DIANE RICHARDSON
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Data was last updated August 5, 2025 at 10:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.