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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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Water Valley real estate for sale
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. Railway Avenue: Cremona Commercial Land for sale : MLS®# A2198679
. Railway Avenue Cremona Cremona T0M 0R0 $59,000Land- Status:
- Active
- MLS® Num:
- A2198679
Excellent location! Municipal utilities are along the property line. This is the perfect opportunity to add your commercial or retail development to this charming town. The is zoned C-1, Central Commercial District, with permitted uses including indoor merchandise sales, offices, and personal services. It is also possible to have a residence along with your business, subject to approval. More detailsListed by REMAX ACA Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1 110 22 Highway: Cremona Mobile for sale : MLS®# A2243549
1 110 22 Highway Cremona Cremona T0M 0R0 $139,900Mobile- Status:
- Active
- MLS® Num:
- A2243549
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 1,008 sq. ft.94 m2
Step into this move-in-ready 2-bedroom, 1-bath gem, thoughtfully renovated to provide comfort, flexibility, and impressive functionality. Whether you're working from home or relaxing in your spacious yard, this property checks all the boxes. Two Bright Bedrooms with updated flooring and fresh finishes Bonus Room ideal for a home office, playroom, or creative studio Renovated Bathroom with contemporary styling Newer Appliances for hassle-free cooking and cleaning 2021 Furnace plus a new hot water tank with water softener for efficient and comfortable living Flexible Outdoor Features: Enclosed Porch perfect for enjoying year-round Dedicated Workshop Space for projects, hobbies, or extra storage Secure Shed for tools or seasonal equipment Fully Fenced Yard with room for pets, entertaining, or gardening Located in a friendly neighborhood, this home offers versatile living with all the modern comforts already in place. Just bring your personal touch and start enjoying! More detailsListed by Royal LePage Network Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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8 5413 Highway 579: Rural Mountain View County Residential Land for sale : MLS®# A2229394
8 5413 Highway 579 Rural Mountain View County Rural Mountain View County T0M 2E0 $289,900Land- Status:
- Active
- MLS® Num:
- A2229394
Price reduced! 2.88 treed acres in the Upper Ridgelands subdivision minutes west of Water Valley and just off pavement. The property features towering spruce and poplar trees, is serviced with power, and has natural gas available at the property line. The sloping lot is ideal for building a walkout home with the perfect spot recent cleared. This subdivision is just west of the highly desirable community of Water Valley with an easy commute to Calgary. There is an older 2 bedroom cabin on concrete pilings (sold as is) which has potential for renovation into the perfect family retreat it once was or enjoy its rustic charm. Zoned R-CR1. Please do not go on the property without your favorite Realtor. Note: land typically requires 30-50% down so check with your bank or mortgage broker if you require financing. More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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306 1 Street E: Cremona Detached for sale : MLS®# A2242420
306 1 Street E Cremona Cremona T0M 0R0 $329,900Residential- Status:
- Active
- MLS® Num:
- A2242420
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 871 sq. ft.81 m2
This older bungalow has 2 bedrooms on the main and one in the basement. Living room and newly remodeled kitchen on the main level, with the lower level hosting a family room. Furnace, shingles, bathroom, and kitchen have all been upgraded recently. Nice size lot located close to the school, playground and stores. Cremona is a village just 25 minutes north of Cochrane, come enjoy small town living!! More detailsListed by First Place Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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30308 RR50: Rural Mountain View County Residential Land for sale : MLS®# A2206990
30308 RR50 Rural Mountain View County Rural Mountain View County T0M 0R0 $379,900Land- Status:
- Active
- MLS® Num:
- A2206990
4.6 Acres with an incredible Mountain view. This flat lot has a few trees on the east side, it's the perfect building site for your new home. There is power at the property line that can brought in. Cochrane Lake Gas Coop has a line there to tie into. Farmland and one acreage out border the property. Located close to the Village of Cremona about 5 minutes away and Water Valley. There is a community hall nearby so you can get associated with the neighbors. More detailsListed by First Place Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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10 and 20 31048 Range Road 50 Acres: Rural Mountain View County Residential Land for sale : MLS®# A2237508
10 and 20 31048 Range Road 50 Acres Rural Mountain View County Rural Mountain View County T0M 0R0 $510,000Land- Status:
- Active
- MLS® Num:
- A2237508
Secluded 6-Acre Parcel NW of Cremona – No Building Restrictions! Discover the perfect opportunity to build your dream acreage on this beautiful 6-acre property, located just northwest of Cremona. This unique offering consists of two separate 3-acre parcels sold together, providing flexibility and potential for your vision. Enjoy a rolling landscape with numerous ideal building sites, all set on a quiet road with easy access to Highway 22. A private driveway provides convenient access throughout the property, making it easy to explore and develop. There are no building time frames or restrictions, giving you the freedom to build when and what you desire. Gas and power are to the property line. Whether you’re planning a country retreat, family estate, or future investment, this parcel offers endless possibilities in a serene setting. Call today with any questions or to schedule a viewing! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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29363 RANGE ROAD 52: Cremona Residential Land for sale : MLS®# A2189880
29363 RANGE ROAD 52 Cremona Cremona T0M 2E0 $550,000Land- Status:
- Active
- MLS® Num:
- A2189880
This 40-acre parcel for your consideration, is located in Water Valley also know as the foothills of the Canadian Rockies offering various possibilities depending on your interests and objectives. If you're looking at possible development opportunities,( keep in mind that a change in zoning may be required depending on use, along with approval from local county). Being part of a community like Water Valley, which is known for its relaxed and close-knit nature, you have the opportunity to engage with the area in several ways. Whether you're interested in exploring a residence on the property with a touch of agriculture. Perhaps simply enjoying a large private parcel of land. The local Water Valley Saloon is well know for the rustic charm restaurant, wing nights, live music and social atmosphere. As well situated close to Water Valley Golf Course. More detailsListed by Royal LePage Network Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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4157 Township 303: Rural Mountain View County Detached for sale : MLS®# A2238528
4157 Township 303 Rural Mountain View County Rural Mountain View County T0M 0R0 $559,900Residential- Status:
- Active
- MLS® Num:
- A2238528
- Bedrooms:
- 4
- Bathrooms:
- 1
- Floor Area:
- 1,268 sq. ft.118 m2
Charming and well-maintained, this 1,268 sq ft 3+1 bedroom 1945 farmhouse sits on 3.27 beautifully treed acres just north of Cremona. Offering the perfect blend of rural comfort and modern convenience, this property is ideal for hobby farmers, gardeners, or anyone seeking a peaceful country lifestyle under an hour from Calgary. The main floor welcomes you with a spacious front porch/mudroom with laundry, an updated kitchen, hardwood flooring, a cozy dining area, 4-piece bathroom, and inviting living room with wood stove. A large primary bedroom completes the main level. Upstairs you'll find two additional bedrooms and a functional storage nook. The lower level features a fourth bedroom with walk-in closet, utility room with a new furnace and hot water tank, and a generous cold room—perfect for storing preserves from the massive garden. A 24’x60’ heated garage, built in two 24’x30’ sections, provides ample space for vehicles, toys, or workshop needs. Bonus: a 2012-installed solar power system helps reduce utility costs and feeds back into the grid. There is also a wood shed, garden shed and implement shed. Located in a friendly rural community with excellent access to amenities in Cremona and Cochrane. This is acreage living at its finest! More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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Range Road 44: Rural Mountain View County Recreational for sale : MLS®# A2217220
Range Road 44 Rural Mountain View County Rural Mountain View County T0M 0R0 $584,999Land- Status:
- Active
- MLS® Num:
- A2217220
Newly subdivided 40 acre Agricultural 2 zoned parcel NW of Cremona. This property has a mix of pasture and trees. Located at the end of a no-exit county road and with few neighbors offers a great location for peace and quiet. It's proximity to the little red deer river offers a great abundance of recreational activities and wildlife. The property is unserviced. More detailsListed by ComFree- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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282226 Range Road 54A: Rural Rocky View County Detached for sale : MLS®# A2233283
282226 Range Road 54A Rural Rocky View County Rural Rocky View County T4C 2W1 $689,900Residential- Status:
- Active
- MLS® Num:
- A2233283
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 760 sq. ft.71 m2
Escape to your own private forest with this charming, rustic cabin nestled among the trees on 19.15 acres in the sought after Grand Valley area, only 18 minutes north of Cochrane. The property has good access with a road directly off the main road which leads to a quaint 2 bedroom cabin in a clearing. Perfectly situated on a lush, wooded lot, this cozy getaway offers a tranquil outdoor living space complete with a picnic area, patio, and ample room to relax under the canopy of mature trees. Whether you're roasting marshmallows by the fire or enjoying your morning coffee on the deck, this property invites you to slow down and soak in the beauty of nature. Inside, you’ll find a warm and welcoming atmosphere with vintage wood paneling and a classic wood-burning stove. The spacious eat-in kitchen offers everything you need, including ample countertop space, a double sink, and wood cabinetry, making it a functional hub for cooking and gathering. The 2 bedrooms offer a quiet and cozy retreat, wrapped in warm wood finishes that add to the cabin’s charm. There's plenty of space for your furnishings, with natural light filtering in to create a peaceful atmosphere—ideal for unwinding after a day spent in the great outdoors. The bathroom is located conveniently near the common living areas and includes a tub, vanity, and storage space. The property is desirable as it already includes power, an excellent well & propane heat indoors. There are multiple storage sheds in the yard for firewood or your toys. While modest, the cabin adds recreational value or can be used while building your dream home in the already cleared area. Adding to the properties appeal is that it sits at the end of a dead end road & it backs onto crown land. Whether you're searching for a peaceful weekend retreat or a year-round escape to nature, this properties proximity to Cochrane provides the perfect blend of simplicity, and a chance to unwind. The well has a pump and is steps away from the cabin but currently not hooked up to the cabin. With over 19 acres you have plenty of space for the children or pets to roam outside, and your own supply of wood to heat the cabin. PLEASE NOTE: if your getting financing you would need a minimum of 20% down. There is also no septic system on the property. Call to book a showing today! More detailsListed by Royal LePage Benchmark- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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31 29066 Range Road 52: Rural Mountain View County Detached for sale : MLS®# A2216811
31 29066 Range Road 52 Rural Mountain View County Rural Mountain View County T0M 2E0 $767,500Residential- Status:
- Active
- MLS® Num:
- A2216811
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,890 sq. ft.176 m2
HUGE PRICE REDUCTION Nature’s Music is Calling – 1.48 Acres at Winchell Lake Discover your private paradise on 1.48 beautifully treed acres just steps from tranquil Winchell Lake. This totally renovated two-storey home offers the perfect blend of comfort, style, and seclusion—ideal as a year-round residence or a peaceful summer getaway. Key Features: Fully Renovated Home – Every detail has been upgraded: new windows, new flooring, fresh paint throughout, new roof, new high-efficiency furnace, hot water tank, and a refreshed gravel driveway. New Double Attached Garage – Plenty of room for your vehicles, tools, or recreational gear. Spacious, Family-Friendly Design – Enjoy a large country kitchen with adjoining family-style dining area, perfect for entertaining. The main floor also features a generous flex room that can be used as a bedroom, office, or guest space. Serene Upper Level – The primary bedroom offers a peaceful view of the southern forest, with two additional good-sized bedrooms, a large family room, and a 4-piece main bath. Walk-Up Basement – Fully finished with a rec room, games area, mechanical room, two versatile flex rooms, and a brand-new 3-piece bathroom—ideal for guests or multigenerational living. Outdoor Living – Step onto the massive south-facing deck and immerse yourself in undisturbed natural beauty. Just a short walk to Winchell Lake for year-round fishing, kayaking, or quiet reflection. Location Perks: Only 15 minutes to Water Valley Just 1 hour to downtown Calgary This is more than a property—it's a lifestyle. Whether you're looking for a family home in nature, a seasonal retreat, or a place to build your vision, this incredible Winchell Lake gem is waiting for you. More detailsListed by Stonemere Real Estate Solutions- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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139 5417 Highway 579: Rural Mountain View County Detached for sale : MLS®# A2240828
139 5417 Highway 579 Rural Mountain View County Rural Mountain View County T0M 2E0 $774,800Residential- Status:
- Active
- MLS® Num:
- A2240828
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,026 sq. ft.95 m2
Welcome to this enchanting country acreage, nestled on the edge of a tranquil forest where sunlight filters through mature spruce and pine trees. This thoughtfully designed three bedroom plus den, two bath, three level split home set on 1.76 acres of peaceful woodland, just west of the picturesque hamlet of Water Valley. Offering a harmonious blend of natural serenity and modern convenience, this property is perfectly located just 45 minutes northwest of Calgary. Meticulously maintained and updated over the years, starting right from the studs, this home showcases craftsmanship and attention to detail at every turn. The natural woodwork throughout not only exudes a sense of timeless warmth but also complements the forested surroundings seamlessly. The open concept floor plan, paired with multiple flexible living spaces, provides the ideal layout to adapt to anyone's needs and lifestyle. One of the highlights of this home is the recently renovated lower walkout level. The primary bedroom, a true sanctuary of comfort, features soft, neutral tones, direct access to a private rear deck and a spa-like ensuite...this space is designed to provide rest and tranquility. Imagine beginning your mornings to the gentle songs of birds and ending your evenings by the comforting crackle of a real wood-burning stove. This is more than just a home—it is a retreat, a place where the extraordinary is found in everyday moments. Schedule your private viewing today of this one-of-a-kind property! More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email