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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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MCKENZIE LAKE & MCKENZIE TOWNE HOMES FOR SALE FROM $1,000,000 IN SE CALGARY
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137 Elgin Estates Park SE in Calgary: McKenzie Towne Detached for sale : MLS®# A2229719
137 Elgin Estates Park SE McKenzie Towne Calgary T2Z 0B8 $1,015,000Residential- Status:
- Active
- MLS® Num:
- A2229719
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,794 sq. ft.167 m2
Welcome to a truly exceptional home in the heart of McKenzie Towne’s prestigious Elgin Estates. This beautiful large bungalow blends elegance, comfort and warmth in a way few properties can match. Set in a quiet, family friendly neighbourhood, this custom home offers a unique and sophisticated living experience, with easy access to scenic pathways, shopping, dining, schools and other amenities. Inside, the spacious foyer expands to a bright and welcoming main level, with 10-foot ceilings and rich hardwood flooring. The expansive, open-concept kitchen, dining and living areas are ideal for both relaxed evenings and entertaining. The kitchen’s dramatic 10-foot granite island is adjacent to a beautiful and versatile built-in wall unit. Off the kitchen is a walk-through butler’s pantry leading to a laundry room with ample counterspace and cabinetry. The living room boasts a stone gas fireplace and large windows that brighten the space. The primary suite is a private retreat with a Spa-like ensuite featuring a soaker tub, shower, double vanities and a generous walk-in closet. The main level also has an additional bedroom or home office, and a four-piece full bathroom. Downstairs, the fully finished lower level continues the open concept design with high ceilings, two large bedrooms and a three-piece bathroom with heated flooring. The expansive family room features built-in cabinetry that includes a second gas fireplace. Entertain with ease at the fully equipped wet bar. The utility room has abundant storage, and houses a state-of-the-art, full home water purification system with UV filtration, water softener and reverse osmosis at the kitchen sink. Air quality is also improved with a five stage HEPA filtration system (with UV light) on each furnace and whole house humidifiers ensuring a clean, healthy environment year-round. Outside, the private backyard with its mature landscaping provides natural privacy. The peaceful front porch offers another spot to unwind. Finally, the insulated double garage and gas heater add additional flexibility and year-round convenience. Bungalows of this caliber are rare to find, especially in a community as established and amenity-rich as McKenzie Towne. Whether you’re accommodating a growing family or simply seeking a high-end home with thoughtful upgrades, this Elgin Estates property is a must-see. Don’t miss the chance to view this one-of-a-kind home. Book your private showing today. More detailsListed by Gravity Realty Group- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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81 Elgin Estates View SE in Calgary: McKenzie Towne Detached for sale : MLS®# A2240010
81 Elgin Estates View SE McKenzie Towne Calgary T2Z 0Y4 OPEN HOUSE: Aug 09, 202512:00 PM - 02:00 PM MDTOpen House on Saturday, August 9, 2025 12:00PM - 2:00PM$1,025,000Residential- Status:
- Active
- MLS® Num:
- A2240010
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,679 sq. ft.156 m2
OPEN HOUSE this SATURDAY August 9th from 12-2pm. Welcome to this executive-level, fully finished bungalow located in the heart of Elgin Estates in McKenzie Towne. This beautifully upgraded home offers 3 bedrooms, 2.5 bathrooms, a double attached garage, and an unbeatable location on a quiet street just steps from walking paths, green spaces, and all the charm of this award-winning SE Calgary community. Step inside to a modern, open-concept main floor featuring a renovated kitchen with stylish white cabinetry, light quartz countertops, a large island, and built-in stainless steel appliances — including a gas cooktop, two wall ovens, built-in microwave, fridge, dishwasher, garburator, and a custom hood fan. A two-way gas fireplace adds warmth and character between the kitchen and the inviting living room, while a front flex room provides versatility for a formal dining area, home office, or reading room. Enjoy luxury vinyl plank flooring throughout the main level, and retreat to the primary suite that offers a spa-like ensuite with heated tile flooring, double vanities, a soaker tub, and an oversized tile and glass shower. The fully finished lower level includes two additional spacious bedrooms, another full bathroom with heated tile, a large media/family room, a games area with wet bar + beverage fridge, and a bonus exercise room, office or hobby room. Outside, you’ll love the sunny south-facing backyard complete with an expanded deck and a stylish patio — perfect for entertaining or relaxing in the sun. Other notable features include central air conditioning, a recently replaced furnace, and excellent curb appeal in a quiet, beautifully maintained pocket of the community. Living in McKenzie Towne means enjoying thoughtfully designed streetscapes, walkable amenities, and a true small-town feel. Take advantage of local shops, restaurants, and fitness studios on High Street, quick access to Stoney Trail, Deerfoot Trail, and close proximity to South Health Campus, Seton amenities, schools, playgrounds, and community parks. This is a rare opportunity to own a fully finished, beautifully updated bungalow in one of Calgary’s most loved and livable communities. More detailsListed by RE/MAX Realty Professionals- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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224 Mckenzie Lake Cove SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2245941
224 Mckenzie Lake Cove SE McKenzie Lake Calgary T2Z 1M4 $1,100,000Residential- Status:
- Active
- MLS® Num:
- A2245941
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 2,366 sq. ft.220 m2
Welcome to a warm and inviting family home, just a short 6-minute walk to beautiful McKenzie Lake. With walking paths, nearby schools (public and Catholic), parks, and a bus stop close by, this is a home designed for both everyday comfort and lasting memories. At the heart of the home is a custom Cabico kitchen, proudly made in Canada and thoughtfully designed for family life. You’ll love the maple cabinets in a soft White Crane finish, soft-close drawers, custom inserts, pull-out storage, and even a towel drying rack. Top-of-the-line appliances include a KitchenAid gas cooktop with griddle, double wall ovens, Samsung FlexZone 4-door fridge, Miele dishwasher, and LG microwave tucked into the island. The marble backsplash, granite counters, and coffee bar add both style and convenience. There’s plenty of space for snacks, meals, and homework around the oversized island with breakfast bar, while built-in ceiling speakers, 14 adjustable pot lights, and a beverage center make it perfect for entertaining too. Just off the kitchen is a cozy sunken family room with built-in shelving, two skylights, a Travertine Ledgestone fireplace, and even conduit for hiding TV cords—a great spot for movie nights or relaxing with a book. Need more space? The bright living/dining room up front offers beautiful Brazilian cherry hardwood floors and built-in speakers—ideal for family gatherings or play space. Step outside to a sun-soaked backyard with south exposure, fruit trees (apple, pear, plum), a raspberry bush, and an underground sprinkler system to keep it all green. The upper deck (with glass and aluminum railings) and lower patio are perfect for BBQs, hosting friends, or simply enjoying the outdoors. Upstairs, you’ll find four generous bedrooms, all with hardwood floors, and a spacious primary suite that fits a king-size bed, ceiling fan, with a walk-in closet and private ensuite featuring a jetted tub, shower, and make-up counter. The main floor laundry room includes upper cabinets and a sink for added convenience. The walkout basement offers a large rec room, home office, 3-piece bath, and a wine-making room with extra shelving and a second fridge. There’s also a natural gas line for a lower-level BBQ. The oversized garage includes a Challenger car lift and radiant heater—great for hobbyists or storing seasonal vehicles. Major upgrades include triple-pane windows (2018), Trane dual furnace & A/C (2019), solar panels (2024), attic insulation (2024), Gemstone lighting, motorized blinds, 2 Nest thermostats, updated plumbing, new waterline, central Vac, and more. This is a home built for living, growing, and enjoying every season together. More detailsListed by Royal LePage Benchmark- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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25 Mt Alberta View SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2230905
25 Mt Alberta View SE McKenzie Lake Calgary T2Z 3G6 OPEN HOUSE: Aug 09, 202502:00 PM - 04:00 PM MDTOpen House on Saturday, August 9, 2025 2:00PM - 4:00PM$1,298,000Residential- Status:
- Active
- MLS® Num:
- A2230905
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 2,669 sq. ft.248 m2
Introducing a rare ridge-side estate with panoramic, unobstructed views of the Rocky Mountains, Bow River Valley, and downtown skyline. Perched in prestigious Legacy Ridge, this 4,432 sq. ft. estate backs directly onto Calgary’s river pathway system. Step inside to soaring vaulted ceilings and expansive windows framing spectacular southwest views from Calgary's downtown skyline to the snow-capped peaks of the Rockies. Natural light floods the open-concept great room, where a gas fireplace, custom built-ins, and serene sightlines create the perfect setting for both entertaining and everyday living. The chef-inspired kitchen features built-in Bosch stainless steel appliances including a new cooktop, granite island with seating, a walk-in pantry, and a bright, cheerful, and sunny breakfast nook that opens onto a cedar deck overlooking the river valley below. The main floor is anchored by a private and oversized primary retreat complete with a walk-in closet and a luxurious 5-piece ensuite: double vanity, soaker tub, glass shower, and private water closet. A refined formal dining room, home office with French doors, mudroom with laundry featuring a 3-year-old LG washer & dryer, and powder room complete the main level. Upstairs, a bright bonus room is crowned by vaulted ceilings and four skylights—an ideal flex space for work, play, or relaxation. Two generously sized bedrooms share a Jack & Jill bathroom—ideal for teens or guests. The lower level offers even more space to unwind or entertain, with a large media room, fitness area, full bath, and a fourth bedroom—perfect for guests or live-in support. Additional upgrades include a heated garage with epoxy flooring, a 6-person hot tub (2022), a new furnace (2021), and updated bathrooms fully renovated less than three years ago, along with new light fixtures throughout. The property also has two hot water tanks (one recently replaced) and an outdoor shed for extra storage. This beautiful property includes private lake access to McKenzie Lake with year-round activities in one of Calgary’s most desirable lake communities. Whether paddleboarding, pickleball with friends, or enjoying the beach, summer is that much better. In winter, spend time by the fire pit and skate on the lake—making this the perfect retreat within the city. Need more? You are minutes from McKenzie Meadows Golf Course, whether for a quick round or the driving range. This vibrant community also features the McKenzie Lake Community Centre offering year-round programs, events, and activities for all ages, plus an outdoor rink for shinny hockey with the neighbourhood kids. With quick access to both Stoney Trail and Deerfoot Trail, you are connected to everything you need, with shopping in Deerfoot Meadows or McKenzie Towne Centre just minutes away when you live in this exclusive private lake community. More detailsListed by Sotheby's International Realty Canada- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5 Mckenzie Lake Point SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2226313
5 Mckenzie Lake Point SE McKenzie Lake Calgary T2Z 1L7 $1,449,998Residential- Status:
- Active
- MLS® Num:
- A2226313
- Bedrooms:
- 5
- Bathrooms:
- 4
- Floor Area:
- 2,610 sq. ft.242 m2
Light, elegance, and modern refinement define this beautifully reimagined residence in one of McKenzie Lake’s most coveted locations. Situated on a quiet cul-de-sac and occupying an oversized, lushly landscaped corner lot, this extensively renovated two-storey masterpiece offers over 3,700 sq. ft. of refined living space, a heated oversized double attached garage with 220V power, an extended driveway, and rare semi-private LAKE ACCESS to a shared dock used by only 6 other neighboring homes. Not only do you have a semi-private dock 150 steps away, but you are also steps away from the main beach club entrance for those days that your family craves a sandy beach! Inside, you are immediately enveloped by the home’s light and airy ambiance, accentuated by soaring ceilings, expansive windows, and a fresh, neutral palette. Every detail has been thoughtfully curated—from the modern black spindles and designer lighting to the elegant hardware and timeless finishes. The showpiece kitchen blends form and function with sleek quartz countertops, high-end stainless steel appliances, crisp white cabinetry, and a large breakfast bar that flows effortlessly into the dining area and cozy family room with a stunning gas fireplace. Upstairs, you'll find three generous bedrooms, including a serene and luxurious primary retreat with a spa-inspired ensuite featuring dual vanities, an oversized glass shower, and a deep soaker tub—all framed by beautiful modern tilework. The upper level also features a spacious bonus/family room complete with a wet bar, perfect for entertaining or relaxing evenings. Step outside into your private southwest-facing backyard oasis, featuring a large sun-drenched deck, hot tub, mature trees, and direct gated access to a semi-private lake pathway. The fully finished basement offers versatility and space, with a full bath, a large recreation/games area, and two additional rooms ideal for guests, home offices, or creative pursuits. Located just steps from the lake, top-rated schools, tennis courts, hockey rinks, golf courses, and endless green space, this home offers the ultimate in lifestyle, luxury, and location. Don’t miss this rare opportunity to own a truly distinguished home in the heart of McKenzie Lake. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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149 Mt Douglas Circle SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2236591
149 Mt Douglas Circle SE McKenzie Lake Calgary T3A 5W1 $1,999,900Residential- Status:
- Active
- MLS® Num:
- A2236591
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 2,176 sq. ft.202 m2
ABSOLUTELY THE FINEST VIEW THE RIDGE HAS TO OFFER IN SOUTH CALGARY! This rare, pie-shaped 1/3-acre walkout bungalow is perched atop the McKenzie Ridge, offering an unrivaled vantage point with panoramic, unobstructed views of the Bow River Valley, the majestic Rocky Mountains, Fish Creek Park, and the glittering Downtown skyline. Custom-built by Jayman, this executive home boasts over 4,000+ square feet of luxuriously finished living space. It is being offered for sale for the first time by the original owners—available for a QUICK possession. Situated on a quiet, private street with a sunny west-facing backyard, this property is a true sanctuary, featuring a professionally designed, resort-style backyard, mature landscaping, and ample outdoor space to entertain or relax, with nature at your doorstep. The oversized heated triple-car garage features a walking ramp with storage, built-in storage, and easy access for added convenience. Inside, a wall of floor-to-ceiling windows along the ridge floods the main level with natural light, showcasing the spectacular views from nearly every room. The main floor features 2,175 sq.ft. of elegant living with soaring 12’ ceilings, rich hardwood floors, an inviting family room with a stone-faced gas fireplace, a front dining room, and a stunning chef’s kitchen with custom cabinetry, granite counters, BOSCH built-in appliances, Samsung Fridge, a dramatic central island with undermount sink, raised eating bar, server bar with beverage fridge and prep sink, and a large walk through server area and built in wall pantry. A spacious main floor office or flex room is perfect for working from home, offering inspiring views. The stately primary retreat provides even more breathtaking scenery, a large walk-in closet with built-ins, and a luxurious, spa-like en-suite with dual vanities, a soaker tub, and a separate steam shower. A mudroom, laundry area, and powder room complete the main level. The fully finished 1,856 sq.ft. walkout basement is designed for entertaining, featuring two large bedrooms, a massive 55’ x 22’ family/games/rec room with a second gas fireplace, full entertainment wall, wrap around wet bar, five-piece bathroom, and ample storage. Step outside to an 18' x 13' covered concrete patio, 12' x 12' open patio with firepit area, and an expansive 55’ x 12’ upper deck finished with vinyl surface and glass railings—perfect for enjoying sunsets and nature year-round. Additional features include two A/C units, a built-in speaker system, stucco & stone exterior, cedar shake roof, and extensive mature trees and shrubs. Located in one of Calgary’s most sought-after SE communities, just minutes from Fish Creek Park, top-tier schools, a first-class golf course, shopping, and easy access to major roads, this exceptional home offers estate-level living, an unbeatable location, and a lifestyle that’s second to none. Call your favorite REALTOR® today to schedule your private viewing—this is a once-in-a-lifetime opportunity! More detailsListed by Jayman Realty Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email