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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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WALKOUT BASEMENT HOMES RED DEER, ALBERTA
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14 73 Addington Drive: Red Deer Row/Townhouse for sale : MLS®# A2244464
14 73 Addington Drive Red Deer Red Deer T4R 2Z6 $339,900Residential- Status:
- Active
- MLS® Num:
- A2244464
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,223 sq. ft.114 m2
IMMACULATE TOWNHOUSE IN ASPEN RIDGE – SHOWS LIKE NEW! This stunning 2-storey townhouse has undergone extensive renovations and offers stylish, low-maintenance living with immediate possession available! Featuring a single attached garage, central A/C, and a walk-out basement, this move-in-ready home is packed with upgrades. Step inside to discover brand-new luxury vinyl plank flooring, fresh paint, updated trim and baseboards, and modern light fixtures and hardware that elevate the home’s contemporary feel. The bright and spacious main floor boasts an open-concept layout, complete with a cozy gas fireplace, a garden door to the deck, and a generous dining area—perfect for entertaining. The kitchen shines with new stainless steel appliances, a new sink and faucet, and ample cabinetry. A convenient 2-piece renovated bathroom completes the main floor. Upstairs, you’ll find two generous primary bedrooms, each with walk-in closets and fully renovated 4-piece ensuites featuring new vanities, toilets, and fixtures. Additional highlights include upgraded railings, some new interior doors, vent covers, and smoke/CO2 detectors. The undeveloped walk-out basement offers endless potential for future development, along with a dedicated laundry area (washer and dryer included) and a utility/storage room. The furnace and ducts have been professionally cleaned, and the central air conditioner was recently serviced. Located close to schools, parks, transit, and shopping. Two pets under 30 lbs. are allowed with board approval. This beautifully updated home truly shows awesome —don’t miss your chance to make it yours! More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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123 Duston Street: Red Deer Detached for sale : MLS®# A2219529
123 Duston Street Red Deer Red Deer T4R 2V8 $424,900Residential- Status:
- Active
- MLS® Num:
- A2219529
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,003 sq. ft.93 m2
Backing onto a quiet greenspace this 3 bedroom and 2 bathroom property has plenty of opportunity, this bi level home features 2 bedrooms upstairs with a large kitchen/dining area as well as a spacious living room, completed with a 4 piece bathroom, south facing doors lead out to the back deck and a large green space that makes morning and evenings peaceful and enjoyable, heading downstairs is a large Family room with a gas fireplace and walkout basement with plumbing routed for a possible sink or wetbar and 1 more bedroom as well as 4 piece bathroom and laundry room with storage space. The basement also features a walkout entrance to the backyard for easy access from any level of the home. New shingles in summer 2024. Seller is motivated! More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
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21 Dunn Close: Red Deer Semi Detached (Half Duplex) for sale : MLS®# A2243648
21 Dunn Close Red Deer Red Deer T4R 2M6 $429,900Residential- Status:
- Active
- MLS® Num:
- A2243648
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,352 sq. ft.126 m2
This well-maintained walk-out bungalow is located on a pie-shaped lot, offering a perfect combination of comfort and functionality. In 2024, all windows on both the main level and basement were replaced with triple glazed vinyl windows, resulting in improved energy efficiency for the home. The main floor has 1,352 square feet and features a vaulted ceiling in the kitchen, dining, and living areas, creating an open and inviting atmosphere. The hardwood floors, along with natural wood trim and cabinetry, enhance the home’s warm ambiance. The large primary suite includes a walk-in closet and ensuite with a shower. A 4-piece bathroom with a jetted tub is conveniently located across the hall from a versatile den—ideal for a Murphy bed or sofa bed, making it adaptable to your needs. The generous entry from the garage accommodates a main-floor laundry. A stairlift to the walk-out basement offers accessibility for those with mobility concerns. In the walk-out basement you'll find a spacious bedroom, 3-piece bathroom, kitchenette with a fridge, and bright family room with large windows and cozy corner gas fireplace. Additional features include a sizable recreation room and large storage/furnace room. The custom-covered deck with stairs provides seamless outdoor living space and easy access to the yard. The home's strategic position on the lot allows abundant natural light from east, south, and west-facing windows. This exceptional property is ideal for those seeking a retirement or special needs home without compromising on space and comfort. More detailsListed by Coldwell Banker OnTrack Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
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23 Dobson Close: Red Deer Detached for sale : MLS®# A2224414
23 Dobson Close Red Deer Red Deer T4R 2Y1 $569,900Residential- Status:
- Active
- MLS® Num:
- A2224414
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,391 sq. ft.129 m2
Welcome to 23 Dobson Close — a beautifully updated home on a quiet close in one of Red Deer’s most sought-after areas. The main floor features hardwood and tile flooring, an open layout, a kitchen with granite countertops, a travertine backsplash, slate tile, an island, and a pantry. The dining area opens to a large deck overlooking a massive yard — big enough to build that second garage you’ve always wanted. The primary bedroom includes a walk-in closet and a 4-piece ensuite. The bright walkout basement offers oversized windows, in-floor heat, two bedrooms, an office, a bathroom, a spacious family room, and a gas fireplace for cosy evenings. The attached garage is also heated with in-floor heat. Close to schools like Mattie McCullough, St. Francis, and Hunting Hills, plus parks, trails, the Collicutt Centre, and shopping, this home combines space, comfort, and location. More detailsListed by Big Earth Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
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163 Ackerman Crescent: Red Deer Detached for sale : MLS®# A2235778
163 Ackerman Crescent Red Deer Red Deer T4R 3B8 $609,900Residential- Status:
- Active
- MLS® Num:
- A2235778
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,324 sq. ft.123 m2
If space, style, and a great neighbourhood are on your wish list, 163 Ackerman Crescent checks all the boxes. This former Falcon Homes Show Home is fully finished with 5 Bedrooms, 3 Bathrooms, and over 2,500 Sq.Ft. of thoughtfully designed living space in the desirable community of Aspen Ridge. From the moment you arrive, the curb appeal shines – a stone façade, large trees, and beautiful landscaping welcome you home. Inside, vaulted ceilings, hardwood floors, surround sound, and central A/C create a comfortable, upscale feel. The Kitchen is warm and functional with rich wood cabinetry, black appliances, tile flooring, a corner pantry, and a central island for prep and casual meals. Open sightlines connect the Kitchen to the Dining Room and Living Room, making it easy to stay connected whether you're entertaining or keeping an eye on the kids. The main floor features three Bedrooms, including a spacious Primary Suite with walk-in closet and 4 Piece Ensuite, plus an additional full Bath for family or guests. Downstairs, the walk-out level is made for hosting and relaxing. The large Rec Room features a cozy gas fireplace, a custom-built media wall, and a wet bar — perfect for movie nights, watching the game, or entertaining friends. This level has in floor heat, no cold feet here. Two more Bedrooms, a full 4 4-piece bath, a bonus room ideal for a home gym or office, a finished Laundry Room, and extra storage space round out the lower level. This level offers great privacy and space for older kids or multi generational living. Outside, the fully fenced backyard is ready for summer fun. Enjoy a multi-tiered deck with aluminum railing, a fire pit area for evening gatherings, a storage shed for your gear, mature trees for shade and privacy, and tons of green space for kids and pets to play. The heated Double Attached Garage with in-floor heat adds convenience and comfort year-round. Located close to schools, trails, parks, and shopping, this one-of-a-kind former show home offers the space and features your family has been waiting for. More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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139 Isherwood Close: Red Deer Detached for sale : MLS®# A2237966
139 Isherwood Close Red Deer Red Deer T4R 0B5 $619,900Residential- Status:
- Active
- MLS® Num:
- A2237966
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,576 sq. ft.146 m2
Welcome to this beautifully maintained nearly 1600 sq ft modified bi-level located in a quiet close in desirable Ironstone. This spacious home features 4 bedrooms and 3 full bathrooms, including a luxurious primary suite with a jetted tub, separate shower, and heated floors for added comfort. The main level offers a bright and open layout with vaulted ceilings, a large kitchen complete with an island, breakfast bar, and pantry—perfect for both daily living and entertaining. The fully finished walkout basement includes in-floor heating and offers additional living space ideal for family or guests. Step outside to enjoy the west-facing backyard featuring a covered deck with a hot tub, perfect for evening relaxation. The massive, landscaped lot also includes two sheds and backs onto a paved lane access. A triple attached garage with in-floor heating, central air conditioning in the home, and thoughtful upgrades throughout complete this incredible package. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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49 Leung Close: Red Deer Detached for sale : MLS®# A2242712
49 Leung Close Red Deer Red Deer T4R 2W6 $649,900Residential- Status:
- Active
- MLS® Num:
- A2242712
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,453 sq. ft.135 m2
IMMEDIATE POSSESSION AVAILABLE ~ FULLY DEVELOPED WALKOUT BUNGALOW ~ BACKING ONTO A TREED PARK & WALKING TRAIL ~ 24' X 24' HEATED GARAGE ~ CENTRAL AIR CONDITIONING ~ Mature landscaping in the front yard is complemented by a stucco and stone exterior, offering eye catching curb appeal ~ A spacious foyer with tile flooring, a coat closet with mirrored doors and a lighted niche welcome you ~ Open concept main floor layout is complemented by high ceilings and hardwood flooring ~ The kitchen offers a functional layout with plenty of light stained cabinets with crown moulding and extra large storage drawers, endless granite countertops including an island with a raised eating bar, full tile backsplash, undermount sink with a window above, stainless steel appliances and a walk in corner pantry ~ The dining space is surrounded by large windows and can accommodate large gatherings with ease ~ Garden door access off the dining room leads to the sunny west facing deck with glass and aluminum railings for unobstructed park views, Duradek finish, BBQ gas line, and stairs to the yard ~ The living room has more large windows offering natural light, tray ceilings, built in shelving and a cozy gas fireplace ~ The primary bedroom can easily accommodate a king size bed plus multiple pieces of furniture, has a huge walk in closet with built in shelving and a spa like ensuite featuring a jetted tub, separate shower, and oversized vanity ~ Second main floor bedroom is also a generous size with vaulted ceilings, large windows, ample closet space and would make a great home office or guest room ~ Conveniently located main floor laundry ~ 2 piece main floor bathroom ~ The fully finished walkout basement has large above grade windows, high ceilings, and roughed in underfloor heating ~ Massive L-shaped family room offers tons of space for a games table and sitting area and features a cozy gas fireplace with a tile surround, a wet bar, and garden door access to the lower covered deck and backyard ~ Three basement bedrooms offer plenty of space and ample closet space, including one bedroom with a huge walk in closet ~ Well appointed 4 piece bathroom featuring an oversized vanity ~ Heated 24' x 24' double attached garage is insulated and finished with drywall ~ The beautiful backyard is landscaped with well established trees, shrubs and perennials, has an irrigation system with a timer, calming pond with a waterfall, a garden shed for storage, and is fully fenced with direct access to the treed park and green space ~ Excellent location in a quiet cul-de-sac, walking distance to schools (all grades and divisions), excellent shopping plazas with all amenities, Collicut Rec Centre, plus numerous walking trails, parks and playgrounds all close by ~ Immediate possession and move in ready! More detailsListed by Lime Green Realty Central- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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152 Iverson Close: Red Deer Detached for sale : MLS®# A2237030
152 Iverson Close Red Deer Red Deer T4R 3M8 $699,900Residential- Status:
- Active
- MLS® Num:
- A2237030
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,868 sq. ft.174 m2
Welcome to your backyard oasis! This original owner Sorento built 2 storey walkout home is on a massive pie shaped lot and situated inside of a quiet cul-de-sac in Inglewood, just steps from schools, parks, and access to Red Deer's trail system. Spend your summers entertaining in this beautifully landscaped, South West facing back yard that offers a massive ground level deck with fire pit area, upper deck with gazebo, and beautiful mature landscaping throughout! Recent upgrades include shingles (2021), fresh paint, new carpets upstairs, updated backsplash in the kitchen, updated lighting, and a newly renovated tile shower in the ensuite, and additional features include Central A/C, in-floor heat in the basement, and in-floor AND overhead gas heat in the garage. Step inside to a bright and open main floor living space with beautiful acacia hardwood flooring that flows into the kitchen and dining area. The kitchen offers two tone cabinetry, a massive island with eating bar, and large corner pantry, while the adjacent dining space offers deck access through double garden doors. Main floor laundry is conveniently located off the garage mudroom and has been updated with storage and a folder counter, and a 2 pce bath completes the main floor space. Head upstairs to a large bonus room with vaulted ceilings and surround sound wiring, and the entertainment centre is included! Two nicely sized kids rooms share a huge 4 pce bath with oversized vanity, and the beautiful primary bedroom offers a barn wood feature wall, walk in closet, and spacious ensuite with an oversized vanity and walk in tile shower with glass door. The basement is fully finished with 9' ceilings and a large family room/rec room space, huge bedroom perfect for teenagers or guests, and a 4 pce bathroom with tiled floors and a tiled tub surround, all heated with cozy in-floor heat. The attached garage is insulated and drywalled and offers both in-floor heating as well as an overhead gas heater. This spotless home shines with pride of ownership and must be seen to be fully appreciated! More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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107 Wyndham Crescent: Red Deer Detached for sale : MLS®# A2227127
107 Wyndham Crescent Red Deer Red Deer T4N 7G9 $789,000Residential- Status:
- Active
- MLS® Num:
- A2227127
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,565 sq. ft.145 m2
GORGEOUS WALK-OUT BUNGALOW - A CUSTOM MASTERPIECE! Welcome to this stunning walk-out bungalow, meticulously custom built by Bowood Construction with every detail reflecting exceptional design and craftsmanship. Off the large entrance you will find a huge office/bedroom with a generous window flooding the space with natural light - ideal for working from home or running a home business. The main floor offers comfort with family living in mind. It features an enormous dining area perfect for those special occasions; the chef's kitchen is a culinary delight, boasting cabinets that extend to the ceiling, luxurious granite countertops, and a beautiful two-tiered granite island. Equipped with built-in top of the line appliances and an external venting range hood. Cozy up in the living area, featuring a gas fireplace that enhances the ambiance. The huge primary bedroom is a true retreat, complete with an ensuite that includes a tiled shower cabin, heated floors, and a spacious walk-in closet. A 4 piece bath and a laundry room complete the main floor. Every detail in the home was designed with accessibility in mind – take a ride on the electric chair down to the fully finished warm and bright walkout basement featuring a large family room with a stunning wet bar perfect for entertaining; two additional bedrooms, four-piece bath, a storage room, a cold room, and a mechanical room. There is a surround sound system throughout the house. The GEOTHERMAL HEATING and cooling A/C system, on-demand water tank, a water filtration and purification systems, ICF foundation, and the Triple E Argon R8 windows throughout the house make this home extremely energy efficient. The in-floor heating ensures a cozy environment throughout. The covered upper deck and the concrete patio underneath it are perfect for entertaining or enjoying the professionally landscaped yard. The triple garage is heated and wheelchair accessible. Experience luxury living in one of the most desirable residential areas in Red Deer. NOTE: The property is FULLY WHEELCHAIR ACCESABLE - every room, every bathroom, every part of the house. More detailsListed by Century 21 Maximum- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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37 Leung Close: Red Deer Detached for sale : MLS®# A2242852
37 Leung Close Red Deer Red Deer T4R 2W6 $795,777Residential- Status:
- Active
- MLS® Num:
- A2242852
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,452 sq. ft.135 m2
Elegant 4-Bedroom Walkout Bungalow Backing onto Expansive Park/Green space! Step into this beautifully upgraded walkout bungalow in Lancaster Greens. Situated on a quiet close and backing onto lush green space with walking paths. The home offers seamless indoor-outdoor living and picturesque backyard views—perfect for family life or entertaining. Highlights: • Four bedrooms, including a luxurious master suite with a spa-like en-suite featuring a walk-in closet and jet tub. • Triple car garage or as they fondly referred to it “the vehicle house” with new glass panel doors and dedicated workshop space. • Incredible backyard oasis: new decks with Dura Deck and reinforced support beams, gazebo, playhouse, playground, garden pathways, mature trees, and two generous sheds (one nearly garage-sized). • New acrylic stucco exterior with lifetime durability. • Upgrades: high-efficiency furnace and boiler, water softener, new flooring, fully repainted interiors, designer trim, upgraded fireplace, doors, and a remodeled kitchen. • Bonus: outdoor hot tub ideal for relaxing evenings under the stars. Experience the lifestyle value of a home offering privacy, comfort, and premium upgrades. Its A Great Home Isn't It! Shouldn't It Be Yours? More detailsListed by Realty Executives Alberta Elite- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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52 Talisman Close: Red Deer Detached for sale : MLS®# A2241828
52 Talisman Close Red Deer Red Deer T4P 0T7 $864,900Residential- Status:
- Active
- MLS® Num:
- A2241828
- Bedrooms:
- 6
- Bathrooms:
- 5
- Floor Area:
- 2,926 sq. ft.272 m2
Step into exceptional living in this stunning 2-storey luxury home, boasting 2,926 sq ft above grade plus a fully finished walkout basement with over 1,100 sq ft of additional living space, all set on a generous pie-shaped lot backing onto walking paths. Perfect for large families, this 6-bedroom, 5-bathroom home balances comfort and sophistication throughout. Stepping inside you'll appreciate the massive foyer with soaring ceilings and large windows that fill the main and upper floors with natural light. The huge living room is warm and inviting with large windows overlooking the backyard space, an electric fireplace with stone facing, and there’s still additional space here for a grand piano, desk or home office space, or even a studio area. The chef-inspired kitchen is a show stopper featuring granite counters, an oversized island with eating bar, high-end stainless appliances including a built in double fridge/freezer, and a walk-through pantry to the laundry area. Just off the kitchen, the spacious dining area includes built-in bar cabinetry, wine storage, and garden doors leading out to the expansive two tier composite deck, ideal for morning coffee or evening entertaining. Upstairs, the primary suite is a luxurious retreat with a large walk-in closet and a 5-piece ensuite featuring a soaker tub, tiled walk-in shower, dual sinks, and a private water closet. Three additional bedrooms include one with its own private 3 piece ensuite, and two that share a 3 piece Jack & Jill bathroom. The bonus room is filled with natural light and provides even more flexibility for your lifestyle. The fully finished walkout basement features in-floor heat, a spacious rec room, two more generously sized bedrooms, a 4-piece bathroom, and rough-ins for a future bar. Additional features include central A/C, a triple attached garage, and built in exterior LED lighting. All of this in an exclusive community where all of your exterior yard/lawn care and snow shoveling in the winter is all taken care of for you! Condo fees are $322/mo which covers all exterior maintenance and maintenance of roads, common areas, walking trails, etc. Quick possession is available! More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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60 Thompson Crescent: Red Deer Detached for sale : MLS®# A2243074
60 Thompson Crescent Red Deer Red Deer T4P 0N8 $945,000Residential- Status:
- Active
- MLS® Num:
- A2243074
- Bedrooms:
- 6
- Bathrooms:
- 4
- Floor Area:
- 2,726 sq. ft.253 m2
If you're looking for an incredibly spacious home in an excellent family friendly neighbourhood with tasteful finishings throughout--then this home is for you! 60 Thompson Crescent is a fully finished walkout 2 storey home backing onto a green space. This convenient floor plan designed with families in mind with 4 bedrooms + a bonus room upstairs, a den on the main floor and two more bedrooms on the lower level, making it a 6 bedroom + den + bonus room home. The main floor features a mudroom off the attached double car garage with access to the walkthrough butler's pantry. Storage won't be an issue here! The kitchen has all the features you need & dream of. Stainless steel appliances which includes an oversized side by side fridge/freezer combo, new dishwasher (2023), a Bosch double wall oven & 5 burner gas stove. Custom cabinetry to the ceiling with covered hood fan and a large island with quartz countertops completes this space. An open concept formal dining area and living room is perfect for entertaining. The living room features a gas fireplace and large window overlooking the green space. The main floor also features a two piece Powder room, den and a large walk in closet off the mudroom. The second floor impresses with 4 bedrooms, bonus room, laundry room and 2 full bathrooms. The laundry room features a sink and counter workspace with a stacking washer and dryer. Large master bedroom overlooks the green space, and features a walk in closet with built in custom organizers. Ensuite features his and hers vanities, large jetted soaker tub, a water closet, custom tiled shower with glass doors and a cosmetic seated vanity. The second bathroom upstairs also has double sinks. The lower level has windows all above grade- making it feel like anything but a basement with two bedrooms and a full bathroom and a large family room. A garden door leads out to the lower patio. Other features include: new furnace in 2018, central AC, sound system, HRV, rough in for in floor heat in basement and rough in for garage heater, upper deck overlooking the greenspace. Several amenities close by such as parks, trails, two golf courses, shopping, restaurants, schools and more! More detailsListed by Century 21 Maximum- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email