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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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Townhouses near University of Calgary
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106 Columbia Place W: Lethbridge Semi Detached (Half Duplex) for sale : MLS®# A2240587
106 Columbia Place W Lethbridge Lethbridge T1K 3N9 $245,000Residential- Status:
- Active
- MLS® Num:
- A2240587
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 954 sq. ft.89 m2
Affordable Half Duplex in a Great Westside Location This five-level split half duplex is full of potential. Located in a quiet cul-de-sac just steps from the University of Lethbridge, this 3-bedroom, 2-bathroom home is ideal for someone looking to invest or renovate. The layout offers separation between living spaces, making it a great fit for families, students, or roommates. The home is currently tenant-occupied and does need some updates, which is reflected in the price. If you're handy or looking for a project with strong upside, this could be the one. Close to transit, parks, and shopping, this location continues to be one of Lethbridge’s most desirable rental zones. Interior photos are not available out of respect for the tenant's privacy. More detailsListed by HomeTime Property Services Ltd. o/a HomeTime- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2401 3500 Varsity Drive in Calgary: Varsity Row/Townhouse for sale : MLS®# A2236139
2401 3500 Varsity Drive Varsity Calgary T2L 1Y3 $349,900Residential- Status:
- Active
- MLS® Num:
- A2236139
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 1,081 sq. ft.100 m2
Priced under assessment. Bike score 81, transit score 69, walk score 65. Unit #2401 in McLaurin Village. A two storey, end unit spacious and bright townhome in Varsity is conveniently located near the U of C, transit, hospitals, and shopping centers. An Excellent investment property, a starter home, or downsize, this one is very versatile! Step inside the front entry and head upstairs to the main floor. Spacious, bright, and open, this space is perfect for entertaining family and friends. A corner fireplace creates a cozy setting with an adjacent balcony with sliding doors. The kitchen has been updated with white cabinets, backsplash, vinyl flooring. Newer appliances. Further into the kitchen is a convenient laundry/storage room. Head upstairs to the top level which offers a large primary bedroom, private upper floor Balcony, and a lot of closet space for storage. Second bed Bedroom and a 4-piece bath complete the top level. The property has a newer hot water tank and A/C. A green space surrounding the complex offers plenty of room to enjoy the outdoors. Landscaping and snow removal are done by the condo management. Low condo fee. Pets are allowed and welcomed with board approval. Dont miss out, call your favorite realtor today. More detailsListed by First Place Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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12 5315 53 Avenue NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2238034
12 5315 53 Avenue NW Varsity Calgary T3A 2E7 $395,000Residential- Status:
- Active
- MLS® Num:
- A2238034
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 960 sq. ft.89 m2
2 Bed | 1.5 Bath | Prime Rental Potential | Family-Friendly Community Welcome to #12, 5315 53 Avenue NW. This spacious 2-bedroom, 1.5-bathroom townhome offering over 1,200 sq ft of finished living space in one of Calgary’s most desirable and walkable neighbourhoods. Ideally located just minutes from the Dalhousie and University LRT stations, this home provides effortless access to the University of Calgary, Foothills and Children’s Hospitals, and Market Mall. Whether you’re a student, healthcare professional, or investor, the location makes commuting and day-to-day living a breeze. Families will love being within the walk zone for top-rated schools like Sir Winston Churchill High School and Marion Carson Elementary. Surrounded by parks, playgrounds, grocery stores, coffee shops, and everyday essentials, this location offers true walkable convenience. The Dalhousie Station Shopping Centre is just a 5-minute stroll away, making this an ideal spot for those who appreciate a vibrant, amenity-rich lifestyle in a peaceful community setting. Inside, the home features a functional layout with comfortable living and dining areas, plus a fully finished basement offering additional living space, a large laundry area, and ample storage. With low-maintenance living and a well-managed complex, this property is an excellent choice for both homeowners and investors alike. Whether you’re searching for your first home, a place to downsize, or a reliable income-generating rental near U of C, this one checks all the boxes. Don’t miss out—schedule your private showing today! More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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53 Lafayette Boulevard W: Lethbridge Semi Detached (Half Duplex) for sale : MLS®# A2234714
53 Lafayette Boulevard W Lethbridge Lethbridge T1K 3Y4 $419,900Residential- Status:
- Active
- MLS® Num:
- A2234714
- Bedrooms:
- 6
- Bathrooms:
- 3
- Floor Area:
- 1,335 sq. ft.124 m2
Welcome to this fantastic half duplex property offering amazing revenue in an ideal location! This illegally suited property offers many options, rent the entire space or live in part, great potential to help pay your mortgage—live in the spacious top suite and rent out the bottom. Located within walking distance to the University of Lethbridge and close to a variety of amenities, it’s perfect for tenants seeking convenience. The owner has maintained the property over the years and recently installed a new furnace , air conditioning and painted home.. Additional upgrades include newly poured concrete pads in both the front and back, providing ample off-street parking for tenants. With a total of six bedrooms and three bathrooms, plus a newer fence for added privacy, this duplex is an excellent investment opportunity! Call your REALTOR® today to book a viewing. More detailsListed by RE/MAX FIRST- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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16 803 Varsity Estates Drive NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2236506
16 803 Varsity Estates Drive NW Varsity Calgary T3A 6A4 $459,900Residential- Status:
- Active
- MLS® Num:
- A2236506
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,161 sq. ft.108 m2
Open House Sat Aug 2 from 2-4pm. Experience the best of Varsity Estates living in this pristine 3-bedroom townhouse backing onto mature trees and a green space. Located in one of the area's most affordable complexes, this property offers incredible value. Solid owner management has made a remarkably low condo fee of just $200 per month possible. Units within this complex very rarely come on the market. This home shines with a bright, spacious layout, including a generous living room with oversized windows and a cosy wood-burning fireplace. The updated kitchen is equipped with newer upgraded appliances and countertops, a dedicated eating area, and ample cabinetry. Conveniently located off the kitchen is a 2-piece bathroom. The attached garage leads into a private foyer (perfect for coats and shoes) before you enter the main house. The upper level boasts three comfortable bedrooms, one of which offers direct access to a private rooftop deck—an ideal space for catching some sun. A fully renovated 4-piece bathroom, featuring a new tub, flooring, countertops, and toilet, provides a modern touch. Significant investments have been made, a high-efficiency furnace, hot water tank, select windows, LiftMaster garage opener, upgraded countertops throughout, and fresh paint. The unfinished basement offers a blank canvas for your future development dreams. The location is truly exceptional. Enjoy a quick five-minute walk to the Dalhousie LRT Station and easy access to Market Mall, Foothills Hospital, Children's Hospital, Safeway, University of Calgary, and popular coffee shops. Explore walking and biking paths right outside your door, and benefit from numerous shopping centres within a few minutes drive. This is a quiet, established complex offering unparalleled convenience. Zoned M-C1, this property also presents excellent potential for future redevelopment. Don't miss this opportunity to own an upgraded home with both immediate comfort and long-term value. More detailsListed by RE/MAX Complete Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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41 3302 50 Street NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2226849
41 3302 50 Street NW Varsity Calgary T3A 2C6 $509,500Residential- Status:
- Active
- MLS® Num:
- A2226849
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,485 sq. ft.138 m2
This Townhouse is in great condition numerous up-grades in the past 2 years. New flooring, New Furnace and Hot Water Tank Developed Lower Level.New High-End toilets through out. Changed the en-suite bath from a 2 pec to a 3 pec with a good size shower.Wood burning Fire Place in the East facing Living & Dinning Room Combo with a Balcony.Large Kitchen and eating area facing west to an enclosed deck and patio.Very private for the Family Bar B Qs. Location,Location Across from Market Mall and close to All Levels of Schools including walking distance to the University and the LRT. RMS Package, Virtual Tour More detailsListed by G.M. Bain Real Estate Services Ltd.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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4903 Bowness Road NW in Calgary: Montgomery Row/Townhouse for sale : MLS®# A2214294
4903 Bowness Road NW Montgomery Calgary T3B 1H1 $539,000Residential- Status:
- Active
- MLS® Num:
- A2214294
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 1,079 sq. ft.100 m2
This brand-new unit offers modern living in a vibrant, well-connected location. Step into a bright and welcoming foyer with convenient access to the single-car garage, utility room, and front hall closet. Stylish vinyl plank flooring leads you to the main living area, filled with natural light from three expansive picture windows. Step out onto the east-facing deck—perfect for morning coffee or relaxed evenings. The chef-inspired kitchen features floor-to-ceiling cabinetry, quartz countertops, a deep stainless steel island sink, premium stainless steel appliances, and bar seating for three. The adjoining family room is thoughtfully designed for both intimate evenings and comfortable entertaining. Upstairs, you’ll find two well-appointed bedrooms with built-in closet organizers and a shared three-piece bathroom. A plush, carpeted staircase enhances the cozy feel of this upper level. Located just steps from local shops and services, and offering quick access to the Trans-Canada Highway, Stoney Trail, Sholdice Park, and the Bow River—this is a fantastic opportunity to enjoy the best of inner-city living. Now move-in ready and awaiting your personal touch! More detailsListed by RE/MAX House of Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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116 3130 Thirsk Street NW in Calgary: University District Row/Townhouse for sale : MLS®# A2223751
116 3130 Thirsk Street NW University District Calgary T3B 6H4 $540,000Residential- Status:
- Active
- MLS® Num:
- A2223751
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 874 sq. ft.81 m2
Welcome to this beautifully maintained two-bedroom, two-and-a-half-bathroom townhome in the heart of the University District. Perfect for pet owners, the ground-floor patio provides easy access for outdoor walks. Inside, the home is thoughtfully designed with modern living in mind, featuring a bright and spacious open-concept main floor, freshly painted throughout and filled with natural light from large windows. The contemporary kitchen boasts quartz countertops, ample cupboard space, an island perfect for entertaining, and a separate dining area. The main floor also includes a comfortable living room, a half bathroom, and an additional space ideal for a home office. Upstairs, the primary suite offers a private retreat with a four-piece ensuite, large closet, and sliding doors leading to a private balcony. The second bedroom is generously sized with a large closet and is conveniently located next to the three-piece bathroom. Stacking laundry is conveniently located upstairs. Additional features include titled underground parking and access to a beautifully maintained inner courtyard. Situated within walking distance to all the amenities of the University District, the University of Calgary, and the Alberta Children’s Hospital, this townhome offers an unbeatable location for both convenience and lifestyle. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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212 4037 42 Street NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2240141
212 4037 42 Street NW Varsity Calgary T3A 2M9 $588,000Residential- Status:
- Active
- MLS® Num:
- A2240141
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,622 sq. ft.151 m2
LOCATION LOCATION - Rare offering - END unit with a POND location and the largest floor plan in the complex - this updated charming townhouse features close to 2000sq ft on 3 levels, plus 2 generously sized bedrooms. As you enter the home, you are greeted by an open foyer that leads you to the main level. Main level floor plan impresses - spacious living room with elegant wood burning fireplace, 10ft ceilings, large windows and access to the NEW deck - fully fenced it provides an idyllic outdoor entertainment area backing onto the pond with fountains. The living room is open plan to the dining area that features a built-in buffet area with wood slab countertop and sink. The kitchen was upgraded by the previous owner and includes Wolf appliances, new dishwasher, lots of storage and a bright breakfast nook area. A upgraded 1/2 bath completes this level. The Upper floor features new carpet, a loft/flex/office space with balcony that overlooks the pond area, a generous Primary suite with two closets and spacious ensuite complete with newer Toto toilet. A second bedroom offers a generous space and a full bathroom with skylight completes this level. Walkout basement features utility room with newer washing/dryer, storage and is connected to the Tandem heated attached garage (fits 2 cars). Situated in the desirable community of Varsity, this townhouse not only offers a comfortable living space but also provides access to a wealth of amenities including nearby shopping and parks, University District, U of C, Children's & Foothills Hospitals, LRT plus walking distance to Market Mall. More detailsListed by RE/MAX Realty Professionals- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2 4709 17 Avenue NW in Calgary: Montgomery Row/Townhouse for sale : MLS®# A2243134
2 4709 17 Avenue NW Montgomery Calgary T3B 0P4 $589,900Residential- Status:
- Active
- MLS® Num:
- A2243134
- Bedrooms:
- 3
- Bathrooms:
- 4
- Floor Area:
- 1,329 sq. ft.123 m2
Located in vibrant Montgomery, this stylish and functional home offers exceptional value, comfort, and convenience—perfect for professionals, students, pet lovers, and outdoor enthusiasts. Step inside to discover high-end finishes throughout, including granite countertops, hardwood flooring, 9’ ceilings, and a gas fireplace with custom built-ins. The sun-soaked main level boasts south-facing exposure, creating a bright, open layout perfect for everyday living and entertaining. Comfort is top of mind with central A/C, Hunter Douglas blackout blinds, and powered blinds in the living area. The main floor features a gourmet kitchen with island and corner pantry, an open dining area, a spacious living room with gas fireplace, a powder room, and both front and rear entrances. Upstairs, enjoy the rare double master suite layout, with each bedroom offering its own ensuite and walk-in closet. Upper floor laundry adds even more convenience to your daily routine. The fully finished basement provides a third bedroom, a generous media or family room, a full bathroom, and plenty of storage space. Step outside to a private south-facing deck and patio, ideal for relaxing or entertaining, along with a single detached garage. All of this comes with an ultra-low $150/month condo fee and clear pride of ownership throughout. Convenience is key. You're just steps from University District and Market Mall, with easy access to Main Street shops, restaurants, parks, leash and off-leash areas, the Bow River Pathway, and some of Calgary’s best local gems like NOtaBLE. Downtown and the Rocky Mountains are just a short drive away, making this a perfect location for any lifestyle. Montgomery continues to grow with exciting revitalization projects, rezoning initiatives, and a bold vision to become Calgary’s next premier inner-cit The main floor offers a gourmet kitchen with island and corner pantry, an open dining area, a spacious living room with gas fireplace, a powder room, and both front and rear entrances. Upstairs boasts a rare double master suite layout, each with its own ensuite and walk-in closet, plus upper floor laundry for ultimate convenience. The fully finished basement includes a third bedroom, media/family room, full bathroom, and additional storage space. All this for an ultra-low $150/month condo fee. Pride of ownership shines in this move-in ready gem. Convenience is the key—just steps from University District and Market Mall, with unbeatable access to Main Street amenities, incredible parks, over half a dozen leash and off-leash dog parks, the Bow River Pathway, NOtaBLE Restaurant, and scenic trails. You're also a short drive to downtown and the Rocky Mountains, making this an ideal location for professionals, students, pet lovers, and outdoor enthusiasts alike. The Montgomery development committee continues to revitalize the area through business upgrades, rezoning initiatives, and a bold vision to transform Montgomery into Calgary’s next premier inner-city hotspot. More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1910 48 Street NW in Calgary: Montgomery Row/Townhouse for sale : MLS®# A2223327
1910 48 Street NW Montgomery Calgary T3B 6K4 $614,900Residential- Status:
- Active
- MLS® Num:
- A2223327
- Bedrooms:
- 3
- Bathrooms:
- 4
- Floor Area:
- 1,335 sq. ft.124 m2
Welcome to this beautifully finished 3 bedroom, 3.5 bathroom modern townhome located in the heart of the dynamic inner-city community of Montgomery. Offering over 1,900 sq ft of thoughtfully designed living space across three fully developed levels, this home blends style, functionality, and urban convenience—all just minutes from downtown, the river, and an abundance of amenities. The main level features a bright, open-concept layout with oversized windows, vinyl plank flooring, and sleek designer finishes throughout. The contemporary kitchen is the centerpiece of the home, complete with quartz countertops, stainless steel appliances, full-height cabinetry, and a large island that’s perfect for entertaining. The spacious living and dining areas are ideal for both everyday living and hosting guests, with access to a private deck just steps away. Upstairs, you’ll find two generously sized bedrooms, each with its own ensuite bathroom. The primary suite offers a walk-in closet and a spa-inspired ensuite with dual sinks and a deep tub/shower combo. The second bedroom features a 4 pc ensuite with a beautiful circular window and walk in shower. A convenient upper laundry room adds to the home’s practical layout. The fully finished basement offers additional living space with a large rec room, third bedroom, another full bathroom, and ample storage—perfect for guests, a home office, or a media room. Outside, enjoy a fenced yard space and the added convenience of a single detached garage. Located in one of Calgary’s most desirable inner-city neighborhoods, you’re just steps from parks, schools, Market Mall, the Bow River pathway system, and major routes like Memorial Drive and Crowchild Trail. Don’t miss your chance to own this stylish, low-maintenance townhome in vibrant Montgomery. Book your showing today! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2 4728 17 Avenue NW in Calgary: Montgomery Row/Townhouse for sale : MLS®# A2232325
2 4728 17 Avenue NW Montgomery Calgary T3B 0P5 $650,000Residential- Status:
- Active
- MLS® Num:
- A2232325
- Bedrooms:
- 4
- Bathrooms:
- 5
- Floor Area:
- 1,738 sq. ft.161 m2
Welcome to this well maintained 4 Bed / 4.5 Bath home with 2271 Sq Ft of developed living space, AIR CONDITIONING and a single detached garage in the heart of Montgomery which is arguably one of NW Calgary's most sought after communities with a great location providing easy access to HWY 1 to Canmore/Banff, to Downtown, Shouldice Park, Montalban Park, Canada Olympic Park, Schools, Restaurants, Pubs, Shopping, Public Transit and the Bow River! The main floor features hardwood flooring that flows seamlessly into the living room with a gas fireplace feature wall with built-in shelving, the dining room and modern kitchen with granite countertops, tile backsplash and high quality stainless steel appliances including a Bosch Dishwasher (replaced 2024), Jenn-Air Fridge and Jenn-Air Gas Range. At the rear of the main floor you will find the half bathroom and the private fenced backyard with a BBQ gas line and it also provides access to the detached garage. The upper floor hosts the large primary bedroom retreat with a luxurious 5-piece ensuite bathroom including a dual sink vanity, spacious walk-in closet, a wet bar and a sunny balcony that is perfect for relaxing in the sun after a long day. One level down you'll find the laundry, two more bedrooms and two more full bathrooms including another ensuite bathroom. The basement hosts a family room perfect for movie nights, an exercise space or for entertaining with another wet bar. Adjacent you will find another full bathroom and the 4th bedroom. The mechanical in this home is excellent with a high efficiency furnace and the hot water tank was just replaced in 2022. This is a well maintained home in a great location that is PET FRIENDLY and the low condo fees are only $150/monthly! This home is the definition of pride of home ownership and must be viewed to fully appreciate! More detailsListed by Grassroots Realty Group- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email