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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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Phone: 403.397.3706
Email: diane@mypadcalgary.com
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BUNGALOWS FOR SALE IN SYLVAN LAKE
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606 5220 50A Avenue: Sylvan Lake Row/Townhouse for sale : MLS®# A2246027
606 5220 50A Avenue Sylvan Lake Sylvan Lake T4S 1E5 $254,900Residential- Status:
- Active
- MLS® Num:
- A2246027
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 990 sq. ft.92 m2
Beautifully designed 2-bedroom, 2-bathroom bungalow with just three small steps into this professionally decorated home—ideal for those with mobility concerns. Featuring brand-new stainless steel appliances (stove, fridge, dishwasher) and an updated vanity that complements the modern décor. Enjoy the convenience of main-floor laundry and easy living with no outdoor maintenance. A spacious crawl space with a few steps offers excellent seasonal storage. Relax on the charming front or rear porch in this quiet end-unit, perfectly tucked beside detached homes in a peaceful corner of the complex. More detailsListed by Royal LePage Network Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5009 43 Street: Sylvan Lake Detached for sale : MLS®# A2240280
5009 43 Street Sylvan Lake Sylvan Lake T4S 1C1 $319,900Residential- Status:
- Active
- MLS® Num:
- A2240280
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 817 sq. ft.76 m2
Charming Cabin Just Steps from the Lake Nestled on a quiet street in a highly desirable location, this charming cabin offers the perfect mix of tranquility and convenience. Just a short walk to the lake, it’s the ideal setting for weekend getaways or a smart investment property. Inside, you'll find a bright and cozy living room that welcomes you in with warmth and comfort with a wood burning fireplace. The open kitchen and dining area make it easy to host guests or enjoy meals together, while the practical layout ensures every space feels connected and functional. With three bedrooms, there's room for the whole family, guests, or even a home office. The 3-piece bathroom is thoughtfully designed for everyday use. Whether you're curling up after a day on the water, hosting summer BBQs, or simply enjoying the peaceful surroundings, this cabin is ready to become your next haven. Don’t miss the chance to own a slice of lake life in a quiet, friendly neighborhood. More detailsListed by KIC Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5003 40 Street: Sylvan Lake Detached for sale : MLS®# A2225623
5003 40 Street Sylvan Lake Sylvan Lake T4S 1B7 $329,999Residential- Status:
- Active
- MLS® Num:
- A2225623
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 953 sq. ft.88 m2
Charming Cottage – Steps from Sylvan Lake! Step into a piece of history with this enchanting cottage, nestled just one block from the shimmering waters of Sylvan Lake and its scenic parks. This home exudes warmth and character, offering the perfect blend of vintage charm and a prime resort-town location. Inside, you’ll find original hardwood floors and beautifully varnished wood panel walls, creating a cozy, timeless atmosphere. The built-in kitchen table and dining area add to the home’s nostalgic appeal, making every meal feel like a cherished tradition. With two inviting bedrooms, one full bath, and an unfinished basement brimming with potential, this home is ready for your personal touch. Property Highlights: Authentic character with original hardwood & rich wood paneling, Prime location – 1 block to Sylvan Lake & park, Charming built-in kitchen table & dining room, Unfinished basement, New foundation done in the 80's– potential for expansion or storage, ,Perfect for year-round living, a weekend retreat, or investment property. Whether you're looking for a cozy lakeside getaway or a charming full-time residence, this rare cottage gem won’t last long. Don’t miss your chance to own a piece of Sylvan Lake history! More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5008 35 Street: Sylvan Lake Detached for sale : MLS®# A2245127
5008 35 Street Sylvan Lake Sylvan Lake T4S 1B3 $409,900Residential- Status:
- Active
- MLS® Num:
- A2245127
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 701 sq. ft.65 m2
Welcome to this 2-bedroom, 1-bathroom cottage featuring the perfect lakeside retreat, just steps away from the water. Enjoy the peace and serenity of the lake year-round with a spacious backyard, ideal for outdoor gatherings and relaxation. The detached garage provides convenient storage for all your lake toys and equipment plus an additional bunkhouse offers extra space for guests. Whether you’re looking for a year-round home or a weekend getaway to the lake, this cute cottage has everything you need for a lakeside lifestyle! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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117 Gray Close: Sylvan Lake Semi Detached (Half Duplex) for sale : MLS®# A2200310
117 Gray Close Sylvan Lake Sylvan Lake T4S 0W4 $410,000Residential- Status:
- Active
- MLS® Num:
- A2200310
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 1,035 sq. ft.96 m2
Immediate possession, this brand new bungalow floorplan by L&S Developments is perfect for a starter home or empty nester. Imagine having your morning coffee on the 20x8 covered front porch. Enter into good sized front foyer, with warm toned vinyl plank flooring leading to open floorplan. The vaulted ceilings and large windows make this home super bright and appealing. Metal spindle half wall for stairwell. Functional kitchen with white shaker cabinets, & feature navy centre island eating bar, quartz countertops, cabinet pantry, garbage/recycling pullouts, stainless steel appliances, chrome fixtures. Sliding door off of dining room to 7x8 back deck. Primary bedroom has room for king sized bed with black ceiling fan. Secondary bedroom is good sized for guests or office, carpet in both bedrooms. 4pce bathroom & handy main floor laundry. Basement is undeveloped but potential for family room, exercise area, bedroom and roughed in for another bathroom. Front sod and concrete sidewalk, backyard is black dirt leveled to grade. This home is located in Grayhawk on the north west side of Sylvan Lake. With easy access to highway and close proximity to the lake, golf course and all town amenities this up and coming subdivision is sure to meet all your needs. Future commercial and school sites as well as walking paths, parks playgrounds and pond. An abundance of wildlife to watch and a progressive new neighborhood to enjoy. GST included with rebate to builder. Taxes to be assessed. More detailsListed by RCR - Royal Carpet Realty Ltd.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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10 45 Street Crescent: Sylvan Lake Detached for sale : MLS®# A2230711
10 45 Street Crescent Sylvan Lake Sylvan Lake T4S 1W9 $434,900Residential- Status:
- Active
- MLS® Num:
- A2230711
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,126 sq. ft.105 m2
Charming Bungalow on a Massive Lot – Garage Lover’s Dream with RV Parking! This awesome little bungalow packs a big punch, sitting on a massive 9,200 sq ft lot surrounded by mature trees that offer both beauty and privacy. Whether you're looking for space to spread out, room for all the toys, or just a quiet place to call home, this one has it all! Featuring 5 bedrooms, 3 up and 2 down, plus 2.5 bathrooms, includes a 2-piece ensuite off the primary bedroom. A nice open concept with living, dining and a nice size kitchen. Some updates are needed but live in ready and comes comfortably updated with a 2017 hot water tank and a 2006 furnace, giving peace of mind on the big-ticket items. Out back, you'll find an oversized 26x26 double detached garage, perfect for the hobbyist, mechanic, or storage guru — plus dedicated RV parking with plenty of room left over for play or gardening. This lot is a dream for outdoor lovers and those who need space both inside and out. Affordable, functional, and full of potential — this is the kind of property that offers value and versatility in one tidy package! More detailsListed by KIC Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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49 Sylvan Drive: Sylvan Lake Detached for sale : MLS®# A2247137
49 Sylvan Drive Sylvan Lake Sylvan Lake T4S 1J6 $434,900Residential- Status:
- Active
- MLS® Num:
- A2247137
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,083 sq. ft.101 m2
This 5-bedroom, 2.5-bathroom bungalow offers recent renovations, a functional layout, and a private yard on a large lot. The main floor features 3 bedrooms, including a primary with 2-piece ensuite and garden doors to the deck, a 3-piece main bath, and an open-concept kitchen, dining, and living area with a kitchen island. A small washer is conveniently located in the kitchen. The separate basement entrance leads to a fully finished lower level with 2 bedrooms, a renovated 4-piece bathroom (2021), a wet bar, and a butler’s pantry—ideal for entertaining or roommate use. Enjoy the outdoors in the fully fenced backyard (2021) with a deck, large back yard and a shed. The detached double garage has 220 wiring, plus there’s RV parking with a 30-amp plug, a panel roughed in for a hot tub, and a gravel driveway along the side of the lot. Notable updates include: new furnace and hot water tank (2020), new eavestroughs (2019), upstairs shower (2020), and more. More detailsListed by Royal LePage Network Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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6 Westwood Close: Sylvan Lake Detached for sale : MLS®# A2228662
6 Westwood Close Sylvan Lake Sylvan Lake T4S 1V8 $445,000Residential- Status:
- Active
- MLS® Num:
- A2228662
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,167 sq. ft.108 m2
Charming Bungalow in a Quiet Close – Ideal Location & Family-Friendly Layout! Tucked away in a peaceful, private close, this well-kept bungalow offers the perfect mix of comfort, space, and convenience. With new stucco siding giving it fresh curb appeal and a large back deck ideal for summer evenings, this home is ready for you to move in and enjoy. Inside, you’ll find 4 bedrooms, including a nicely sized primary suite with its own 3-piece ensuite. The main living area is bright and welcoming, with plenty of room to relax or entertain. Downstairs, the spacious basement provides a perfect hangout zone for kids or teens, with loads of room for games, movie nights, or hobbies. Located just minutes from the highway for quick access out of town, and close to the boat launch, parks, and trails — this location is as practical as it is enjoyable. Whether you're upsizing, downsizing, or just looking for a place that truly feels like home, this one checks all the boxes. More detailsListed by KIC Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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95 Gray Close: Sylvan Lake Semi Detached (Half Duplex) for sale : MLS®# A2188807
95 Gray Close Sylvan Lake Sylvan Lake T4S 0W4 $449,900Residential- Status:
- Active
- MLS® Num:
- A2188807
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 952 sq. ft.88 m2
Under construction Edge Homes built bungalow with a 18x18 detached garage & main floor laundry. The perfect home to downsize into, this 3 bedroom 3 bathroom unit is sure to impress your friends and family. Bright open floorplan with 9 ft ceilings and luxury vinyl plank flooring. Relax in the living room and watch the deer & wildlife in the farmers field behind. Entertain in the functional kitchen with centre island eating bar, corner pantry, soft close cabinets, under cabinet lighting, black granite sil sink, pull out garbage & recycling, range hood and stainless appliances. Dining room to entertain your friends, leads to handy back bench with decorative hooks, back door with with full glass/blind insert, back deck with privacy wall. 2 piece powder room for guests. Spoil yourself with this stunning primary bedroom with carpet flooring, huge walk in closet 4 piece ensuite with double sinks, stand up shower with glass door and seat. Basement is complete with family room, 2 more bedrooms one with a massive walk in closet for extra storage, 4pce bathroom. 9 foot ceilings and large windows make this basement perfect for teens or guests. High efficiency furnace, 40 gal high efficiency hot water tank. Front yard is landscaped with front sod, back yard is levelled with black dirt and has 18x18 detached garage. Located in Grayhawk on the west side of Sylvan Lake, with easy access to all town amenities, the lake, golf course, shopping, highway access and surrounded by walking paths and trails. GST included in purchase price with rebate to the builder. 1-2-5-10 New home warranty. Taxes to be assessed. Measurements & pics will be updated as build progresses, photos and renderings are examples from a similar home built previously and do not necessarily reflect the finishes and colors used in this home. More detailsListed by RCR - Royal Carpet Realty Ltd.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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137 Gray Close: Sylvan Lake Semi Detached (Half Duplex) for sale : MLS®# A2210864
137 Gray Close Sylvan Lake Sylvan Lake T4S 0W4 $454,900Residential- Status:
- Active
- MLS® Num:
- A2210864
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,054 sq. ft.98 m2
Brand new bungalow in Sylvan Lake's sought-after Grayhawk community! This fully finished 3 bedroom plus den/3 bathroom home offers effortless luxury and comfort, ideal for downsizers. Featuring an open-concept layout with 9-foot ceilings and stylish vinyl plank flooring throughout, it boasts a light-filled living room with views to the west, overlooking greenspace/future school site. The chef-inspired kitchen includes a center island, corner pantry, soft-close cabinets, under-cabinet lighting, a granite sink, and upgraded stainless steel appliances. The serene primary bedroom offers plush carpeting, a walk-in closet, and a 3pce ensuite. Sunny front den to work from home or crafts. Main floor laundry and handy powder room for guests. The basement with 9-foot ceilings offers a family room, 2 bedrooms, 4piece bathroom, and another laundry hookup roughed in for future use. Additional features include a high-efficiency furnace, hot water tank, landscaped front yard, concrete front driveway and sidewalk, black dirt rear yard are included. Located in Grayhawk near Sylvan Lake's amenities, this home offers easy access to recreation and nature trails. GST is included with a rebate to the builder, and a comprehensive new home warranty adds peace of mind. Don't miss out on this opportunity. Taxes to be assessed. Measurements & pics will be updated as build progresses, photos and renderings are examples from a similar home built previously and do not necessarily reflect the finishes and colors used in this home. ****Under construction completion Late fall 2025** More detailsListed by RCR - Royal Carpet Realty Ltd.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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139 Gray Close: Sylvan Lake Semi Detached (Half Duplex) for sale : MLS®# A2247375
139 Gray Close Sylvan Lake Sylvan Lake T4S 0W4 $454,900Residential- Status:
- Active
- MLS® Num:
- A2247375
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,054 sq. ft.98 m2
Start planning now, ready for a spring 2026 possession, brand new fully finished bungalow in Sylvan Lake's sought-after Grayhawk community! This 3 bedroom/3 bathroom home with attached garage offers effortless luxury and comfort, ideal for downsizers. Featuring an open-concept layout with 9-foot ceilings and stylish vinyl plank flooring throughout living room, dining room and hallway. It boasts a light-filled living room with views to the west, overlooking greenspace/future school site. The chef-inspired kitchen includes a center island, corner pantry, soft-close cabinets, under-cabinet lighting, a granite sink, and upgraded stainless steel appliances. The serene primary bedroom offers plush carpeting, a walk-in closet, and a spa-like ensuite with double sinks and a luxurious shower with glass door. Main floor laundry and handy powder room for guests. The basement with 9-foot ceilings offers a family room, 2 bedrooms, 4piece bathroom, lots of storage space. Additional features include a high-efficiency furnace, hot water tank, landscaped front yard, concrete front driveway and sidewalk, black dirt rear yard are included. Located in Grayhawk near all Sylvan Lake's amenities, this home offers easy access to recreation and nature trails. GST is included with a rebate to the builder, and a comprehensive new home warranty adds peace of mind. Taxes to be assessed. ****Under construction completion Spring 2026**Photos are from previous showhome similar but may not be exactly the same** More detailsListed by RCR - Royal Carpet Realty Ltd.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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141 Gray Close: Sylvan Lake Semi Detached (Half Duplex) for sale : MLS®# A2247380
141 Gray Close Sylvan Lake Sylvan Lake T4S 0W4 $454,900Residential- Status:
- Active
- MLS® Num:
- A2247380
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,054 sq. ft.98 m2
Brand new fully finished bungalow offering 3 bedrooms, 3 bathrooms, and an attached garage, this thoughtfully designed home delivers effortless comfort and style, perfect for downsizers or anyone seeking low-maintenance living. The open-concept main floor features 9-foot ceilings and durable vinyl plank flooring through the living, dining, and hallway areas. Large west-facing windows fill the living room with light and offer tranquil views over greenspace and a future school site. The chef-inspired kitchen is a showstopper with a center island, corner pantry, soft-close cabinetry, under-cabinet lighting, a granite sink, and upgraded stainless steel appliances. The primary suite is a private retreat with plush carpeting, a walk-in closet, and a spa-like ensuite featuring double sinks and a glass-enclosed shower. Main floor laundry and a convenient powder room for guests add to the ease of everyday living. Downstairs, 9-foot ceilings create a spacious feel for the family room, two additional bedrooms, a full 4-piece bathroom, and plenty of storage. Additional features include a high-efficiency furnace, hot water tank, landscaped front yard, concrete driveway and sidewalk, and black dirt in the rear yard ready for your personal touch. Enjoy the peace of Grayhawk while being close to Sylvan Lake’s recreation, amenities, and nature trails. Start planning your move now—this brand-new, fully finished bungalow in Sylvan Lake’s sought-after Grayhawk community will be ready for you in Spring 2026! GST is included with rebate to the builder, and the comprehensive New Home Warranty offers added peace of mind. Taxes to be assessed. More detailsListed by RCR - Royal Carpet Realty Ltd.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email