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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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Innisfail Acreages for Sale
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33502 RR271: Rural Mountain View County Detached for sale : MLS®# A2232949
33502 RR271 Rural Mountain View County Rural Mountain View County T4H 1P2 $389,900Residential- Status:
- Active
- MLS® Num:
- A2232949
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,360 sq. ft.126 m2
With a short drive off the paved roads come and check out this fabulous acreage with great views of the wide open prairies surrounded by farmland. 3 bedrooms with 2 full bathrooms. Updated windows & shingles over the years. Furnace & Hot Water tank are approx. 8 years old. All the other appliances are approx. 10 years old. Trees have been planted years ago. 28 minutes to Olds, 26 minutes to Innisfail, 23 minutes to Bowden & 30 minutes to Trochu. More detailsListed by REMAX ACA Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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4214 50 Avenue: Olds Detached for sale : MLS®# A2238451
4214 50 Avenue Olds Olds T4H 1A5 $580,000Residential- Status:
- Active
- MLS® Num:
- A2238451
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,466 sq. ft.136 m2
Discover the epitome of tranquil, spacious living with this stunning acreage in the charming town of Olds, Alberta. This beautifully maintained property offers the perfect retreat, blending serene rural living with convenient proximity to all the amenities Olds has to offer. The home is thoughtfully updated and well-appointed, featuring a new roof installed in 2012, new windows and doors added in 2014, and a brand-new hot water tank just this year. A modern dishwasher, installed in 2018, complements the well-designed kitchen, while efficient hot water heating ensures comfort throughout the year. The main floor laundry adds practical convenience, making daily tasks a breeze. Step inside to find a living space characterized by warmth and elegance. The living room showcases stunning brick masonry, providing a striking focal point and a cozy atmosphere. Two fireplaces add charm, though they have not been used by the current owners for some time (sold as-is). The expansive primary bedroom is a private sanctuary, complete with his and hers closets and a luxurious ensuite bathroom. The home offers three additional bedrooms on the upper level and two more in the basement, providing ample space for family and guests. The basement is also a standout feature, boasting a massive recreation room where you can enjoy leisure activities with an included pool table and accessories. Storage is plentiful throughout the home, ensuring all your belongings have a place. Outside, the property truly shines with its generous piece of land. There's ample space for outdoor activities, from running and playing to hosting large family reunions and gatherings. The yard is adorned with huge, mature trees in both the front and back, enhancing privacy and adding to the property's natural beauty. Included in the sale are three sheds, a delightful playhouse, and a greenhouse, providing endless possibilities for hobbies and storage. Experience peaceful living with incredible neighbors in a location that remains close to everything you need. With numerous extras included to help you settle into your new home, this acreage is more than just a property—it's a lifestyle. Don't miss this exceptional opportunity to make this your new home. This is truly a must-see! More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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20 36006 Highway 2 Service Road Sb: Rural Red Deer County Detached for sale : MLS®# A2225179
20 36006 Highway 2 Service Road Sb Rural Red Deer County Rural Red Deer County T4G 0G6 $599,000Residential- Status:
- Active
- MLS® Num:
- A2225179
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 2,057 sq. ft.191 m2
Enjoy the best of both worlds with this charming bungalow nestled on 2.39 acres just minutes from both Red Deer and Innisfail. Located along Highway 2 with easy access and mountain views on clear days, this peaceful acreage offers the serenity of country living without sacrificing convenience. Step inside to a spacious entryway with plenty of room for coats and boots, leading into a bright and welcoming living room. Large windows showcase the treed backyard while a cozy gas fireplace adds warmth and comfort to the space. The open kitchen features a gas stove and flows seamlessly into the dining area, perfect for hosting family gatherings and creating lasting memories. A flexible office or den space sits just off the main living area, offering options for remote work, a playroom, or additional guest space. One of the standout features is the sunroom—a beautiful space over 250 sq ft with its own entrance to the back deck, ideal for enjoying your morning coffee or winding down in the evening. Down the hall, you’ll find three bedrooms, including a spacious primary suite with its own ensuite for added privacy. Outside, the large 50x29 shop opens the door to countless possibilities—whether you're a hobbyist, mechanic, or simply need space for storage or a business venture. With mountain views, mature trees, and endless potential, this property is a rare find—offering peaceful rural living just a short drive from city amenities. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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36235 Range Road 274: Rural Red Deer County Detached for sale : MLS®# A2236418
36235 Range Road 274 Rural Red Deer County Rural Red Deer County T0M 1R0 $599,900Residential- Status:
- Active
- MLS® Num:
- A2236418
- Bedrooms:
- 5
- Bathrooms:
- 1
- Floor Area:
- 1,354 sq. ft.126 m2
Location, location, location! 12 minutes to Innisfail or Red Deer, 6 minutes to Penhold and 3 minutes to the QE2. Pavement practically to the front door! Melodic birdsong fills the air of this charming, tranquil property. This conveniently located acreage offers oodles of storage options for ATVs, quads, boats or anything you need to keep indoors and out of the elements. The largest shop on the property also boasts a good sized animal stall with a door leading to a fenced-in pen. If you've ever dreamed of owning a horse or livestock, this property can accommodate. There are even a couple of outdoor water hydrants, one of which could be used as a livestock waterer. Entering the home, you will be greeted by a covered, east facing deck, perfect for morning coffee on summer days. This home has 5 bedrooms and 2 furnaces to keep you nice and warm in the winter. A new septic field and tank were installed in 2019. This beautiful property enjoys a secluded yard with a well established vegetable garden, Saskatoon berry trees, strawberries, raspberries, herbs and a variety of perennials. If you are happy living in a comfy, functional home overlooking miles of farmland, this may be the one! More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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35266, Range Road 283: Rural Red Deer County Detached for sale : MLS®# A2238039
35266, Range Road 283 Rural Red Deer County Rural Red Deer County T4G 0G3 $650,000Residential- Status:
- Active
- MLS® Num:
- A2238039
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,288 sq. ft.120 m2
Welcome to this beautiful 1.94-acre acreage just 4 mins from Innisfail and on paved roads then entire making the location of this property very hard to beat. You will drive in on a long driveway and through a beautifully treed and landscaped front yard all the way to the property. This bungalow is 1288 square feet with a beautiful open floor plan in the main area with an open and prefect flowing kitchen and dining area as well as a spacious living room. The home consists of 4 bedrooms with 3 up and 1 down as well and 2 full bathrooms and a half bath too. The living room has a cozy wood stove perfect for cool lazy nights. The basement of the home has the perfect open layout, great for kids being kids or entertaining company. The 3-car heated garage is another unreal perk to this property and allows you a workspace and a parking place all under the same roof. Now the property itself, the private backyard and beautiful deck are absolutely stunning on these summer nights. The yard consists of many fruit trees such as apple, pear, apricot and cherry, along with raspberry and Saskatoon bushes all on the property. The back yard also will have extra storage sheds staying on the property to give you even more room to put everything. Acreage living only 4 minutes from town on all paved roads on 1.94 acres of usable beautiful land with farmland behind it and a beautiful bungalow with 3 car garage to top it off. This home will check a lot of boxes. More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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36365 Range Road 21: Rural Red Deer County Detached for sale : MLS®# A2232436
36365 Range Road 21 Rural Red Deer County Rural Red Deer County T4G 0J8 $675,000Residential- Status:
- Active
- MLS® Num:
- A2232436
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,375 sq. ft.128 m2
If you’re looking for a little more space, a little more quiet, and a lot more sky — welcome home. Nestled at the end of a dead-end road approximately 30 kms from Red Deer and 20 minutes to Sylvan Lake, this 4.8-acre property is the peaceful retreat you’ve been dreaming of. The 3-bedroom, 2.5-bath log-sided home is warm, inviting, and exceptionally well-maintained. The spacious primary suite features a gas fireplace, oversized ensuite with a clawfoot tub, and a massive walk-in closet. Cozy up by the river rock gas fireplace in the living room or soak up sunrise-to-sunset views from the east-, south-, and west-facing wraparound deck. BBQ lovers will appreciate the built-in gas hookup on the deck, and comfort seekers will love the in-floor heating and two gas fireplaces. For the hobbyist or horse owner, this property is already set up: two fenced pastures, two horse shelters, a hay shed, a 24x20 powered shop, and a 16x12 storage shed. There’s even room to add a larger shop if desired. Whether you’re keeping a few horses, starting a hobby farm, or just want space to breathe, this setup is ready to go. Tucked away in a private, scenic setting just minutes from charming Markerville (yes, the one with the creamery!), this is rural Alberta living at its finest — peaceful, practical, and picture-perfect. More detailsListed by Lux Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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RR 284 TWP RD 340 Road N: Rural Red Deer County Detached for sale : MLS®# A2233585
RR 284 TWP RD 340 Road N Rural Red Deer County Rural Red Deer County T4H 1P5 $749,000Residential- Status:
- Active
- MLS® Num:
- A2233585
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 2,385 sq. ft.222 m2
THIS SPACIOUS HOME HAS HAD NUMEROUS UPGRADES THROUGHOUT THE YEARS. This VERY UNIQUE HOME and outbuildings sit on 6.13 acres east of Bowden, just 15 minutes from both Innisfail and Olds. The spacious home offers a large kitchen with granite countertops, built-in oven, gas stove top, newer top line dishwasher, moveable island, and an adjoining sunroom with gas stove fireplace. There's a main floor laundry combined with a large pantry with lots of storage. The living room has a wood stove, and features a custom built wall unit. and has an adjoining wood room. There is a 3 piece bath with glass brick shower to complete the main floor. The second floor currently boasts 2 bedrooms, one large master that sits across the front of the home and includes the two turrets, and another bedroom that was once separated into two, and could be again. The second floor 3 piece bath has a clawfoot tub, large window and beautiful tile floor. The concrete walk-out basement is unfinished and could be used as another flex room or den. The basement utility room offers plenty of storage. The very large deck was built around an above ground pool, which is plumbed for a gas heater. The landscaped yard is fully surrounded by trees and has a 24x35 foot shop/garage with brick floor and wood stove. It is plumbed for a gas heater as well. The very unique outbuildings include a church, a metal quonset that can hold 4 vehicles or more, an actual usable treehouse, another house, and a rough wood barn, plus assorted storage sheds. A few of these buildings are from the AMC series Wynonna Earp. The circular driveway makes access easy. More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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36439 Range Road 20A: Rural Red Deer County Detached for sale : MLS®# A2229343
36439 Range Road 20A Rural Red Deer County Rural Red Deer County T4G 0M9 $799,900Residential- Status:
- Active
- MLS® Num:
- A2229343
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,453 sq. ft.135 m2
Minutes to historic Markerville this 21+/- acre property offers a variety of opportunities for country living, recreational or business aspirations. This property boasts a comfortable 5 bedroom, 2 full bathroom home family home with updated kitchen leading to the dining room with patio doors to the large deck (perfect for entertaining). The primary bedroom has entry to an ensuite that is also accessible via the laundry room, two more bedrooms and 4pc bathroom complete the upper level. Downstairs you are greeted by a large family room with cozy wood burning stove, two more bedrooms and large storage room. The incredible 40x64 shop boasts a covered 12x64 lean-to, in-floor heat, floor drain, 2 overhead shop doors, office space, bathroom, storage area, boiler system and was built large enough to accommodate semi's or RV's. The 30x48 triple car garage has 2 heated bays, 1 unheated . This acreage is nicely landscaped with room to roam, has large garden area, set up for horses or other livestock, has a seasonal creek and the additional benefit of Medicine River frontage! A quick 25 minute drive to Red Deer, 15 minutes to Sylvan Lake and close to Gleniffer Lake and Spruce View provides all city and recreational benefits with country living. Renovations and updates include kitchen in 2014 / furnace, central air conditioning, hot water tank in 2017 / new shingles in 2019 / shop in 2007 / updated water well / ensuite bathroom update 2018 / all plumbing in 2018 / new deck boards 2024 with stain in 2025. Enjoy the serenity of the Medicine River with quiet campfires, saskatoon picking, kayaking or skating. More detailsListed by Coldwell Banker OnTrack Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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34257 Range Road 14: Rural Red Deer County Detached for sale : MLS®# A2215951
34257 Range Road 14 Rural Red Deer County Rural Red Deer County T0M 0K0 $849,000Residential- Status:
- Active
- MLS® Num:
- A2215951
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,990 sq. ft.185 m2
Country Living at Its Finest – Fully Finished Family Home on 3.04 Acres Welcome to your dream home, where peace, privacy, and panoramic views surround you. Situated on 3.04 beautifully maintained acres, this fully finished two-story home offers the ultimate in country living, complete with a charming wraparound covered deck that extends from the front of the home to the back — perfect for soaking in 360-degree views, morning sunrises, and breathtaking western sunsets. This 4-bedroom, 4-bathroom home boasts over 1,900 sq. ft. of thoughtfully designed living space. Step inside to discover hardwood flooring throughout the main and upper levels, bringing warmth and elegance to every room. The heart of the home is the sun-filled family room, featuring a cozy wood-burning fireplace set in tile with a stylish mantle — a perfect spot for family gatherings. The kitchen is a chef’s dream with granite countertops, an abundance of cabinetry, a gas cooktop, wall oven, and a large island for casual dining or entertaining. The kitchen sink overlooks the serene backyard, offering a tranquil view while you prep meals. The main floor also includes a convenient two-piece bathroom and a laundry room. Upstairs, retreat to a spacious primary bedroom complete with a luxurious 5-piece ensuite featuring a walk-in glass shower, relaxing soaker tub, and a generous walk-in closet. Two additional well-sized bedrooms and a full 4-piece bathroom complete the upper level. The fully finished basement is perfect for extended family living or recreational space, featuring durable vinyl flooring, a large family/flex area, another bedroom, a 4-piece bathroom, and ample storage. Outside, the property is partially fenced and ideal for a few animals. Enjoy evenings gathered around the beautiful fire pit area or quiet mornings with coffee on the deck, watching the sunrise. This is the lifestyle you’ve been dreaming of — a true blend of comfort, nature, and functionality. More detailsListed by Royal Lepage Network Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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35270 791 Highway: Rural Red Deer County Detached for sale : MLS®# A2234835
35270 791 Highway Rural Red Deer County Rural Red Deer County T4G 0E4 $849,900Residential- Status:
- Active
- MLS® Num:
- A2234835
- Bedrooms:
- 7
- Bathrooms:
- 4
- Floor Area:
- 2,012 sq. ft.187 m2
This gorgeous 13.47-acre property on Highway 791 offers not one, but two detached bungalow homes, perfect for families, multi-generational living, or anyone looking for space and flexibility. The main home is a bright and spacious bungalow with over 3,800 sqft of total living space (2011 sqft above grade). You'll love the open-concept layout, soaring vaulted ceilings, large windows, and generous bedroom sizes. With 4 bedrooms plus an office and 3 full bathrooms (including a large ensuite) all upstairs, this home is made for comfortable living. Recent 2025 updates include brand new laminate flooring (main floor), new carpet (living room), fresh paint & touch-ups, and a new garage door opener. The basement offers a massive open living space, one additional bedroom, and a roughed-in bathroom—ready for your finishing touches. Come pick out some flooring and paint for this incredibly massive, bright basement! The second home is a beautifully updated 1,056 sq ft bungalow that was completely redone in 2018, right down to the studs. Just about everything is updated—from the siding and roof to the windows, kitchen, bathroom, electrical, and more. It features 2 bedrooms, 1 full bath with a deep soaker tub, and is wheelchair accessible with a ramp. It’s cozy, modern, and move-in ready—perfect for extended family, a guest house, or rental income. Outside, there’s no shortage of space. A 37’ x 60’ Quonset is ready for storage, a workshop, or toys, including a barn for storage. Whether you're looking for peaceful country living, space to grow, or a property with income potential, this one truly has it all. Don’t miss your chance to own this rare, versatile, and truly generational acreage—book your showing today! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
-
35020 Range Road 11: Rural Red Deer County Detached for sale : MLS®# A2217654
35020 Range Road 11 Rural Red Deer County Rural Red Deer County T4G 0H7 $899,900Residential- Status:
- Active
- MLS® Num:
- A2217654
- Bedrooms:
- 1
- Bathrooms:
- 2
- Floor Area:
- 1,830 sq. ft.170 m2
The sky is the limit with this beautiful acreage, huge shop and living quarters just minutes to Bowden and Innisfail. This dream shop is 2609 square feet in the main area with 2 additional 32 x 10 bays to the west side of the shop with access doors into the main shop area. Operate a business, build your future dream home or do both! This 6.13 acre property is zoned Ag which allows for certain businesses with the County of Red Deer approval. Currently set up for horses it features three approaches with less than .5 km to pavement, powered custom gate, underground power, three RV hook ups and excellent well with 15 igpm. The 2017 commercially constructed shop is built with 8x8 on concrete pilings with 5 separate heating zones all on thermostats, the North and South main doors are 14ft x 14ft and the ceiling of the main area is 16ft tall, South side of property has 3 overhead doors all powered. Top of the line boiler system, additional independent radiant tube heater, reverse osmosis, upgraded insulation in attic and engineered flooring system enhance this top of the line building. There is a kitchen area with soft close hickory cabinets, granite and stainless appliances, living room and washroom on the main level. The upper level features an bonus area with pool table, bedroom and bathroom. This property is self sufficient with septic, well, propane and back up generator (on propane). The extensively landscaped yard features a garden area with spruce, cherry trees, honey-berries, plum trees, currents and strawberries. The north seacan features underground power, siding and has lights. West of the property is an environmentally protected area (no neighbors or development to the west). The outdoor kitchen and covered veranda is great for entertaining guests on those beautiful summer days. There is a separate building that is heated and set up for laundry with additional storage. This property is one of a kind. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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27137 Highway 42: Rural Red Deer County Detached for sale : MLS®# A2223527
27137 Highway 42 Rural Red Deer County Rural Red Deer County T0M 1R0 $965,000Residential- Status:
- Active
- MLS® Num:
- A2223527
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,640 sq. ft.152 m2
Discover country living at its finest on this beautifully updated 10-acre property just minutes from town! This meticulously maintained 4-bedroom, 3-bath home, built in 1992, offers the perfect blend of privacy, comfort, and functionality. Surrounded by a fully treed perimeter, enjoy peace and seclusion just 5 miles from Penhold and 6 miles from Gasoline Alley—all on paved roads. Step inside to a spacious open-concept kitchen and dining area, ideal for entertaining. The fully renovated interior features triple-glazed windows, a high-efficiency furnace, and two 80,000 BTU high-efficiency fireplaces for year-round comfort. The expansive basement includes a built-in bar and an inviting entertaining space, along with one indoor hot tub, plus an outdoor hot tub for ultimate relaxation. Outside, you’ll find a large yard with a barn and multiple outbuildings—perfect for hobbies, animals, or extra storage. Beautifully maintained yard with developed flowers and trees. Massive 9X73 deck with and extra sitting area perfect for entertaining guest outside. Major updates include a brand-new septic system (2024), new well pump with a pitless adapter (2023), and a new pressure system (2022). The oversized garage provides ample room for vehicles and gear. More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email