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Affordable Calgary Homes for Sale Under $500,000 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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Get in Touch with Diane Richardson – Your Trusted Calgary Real Estate Professional

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Calgary homes for sale under $500,000-Calgary properties under $500KHarvest Hills

Homes for sale in Red Deer County towns

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  • 1927 27th Ave: Delburne Residential Land for sale : MLS®# A2216828

    1927 27th Ave Delburne Delburne T0M 0V0
    Main Photo: 1927 27th Ave: Delburne Residential Land for sale : MLS®# A2216828

    1927 27th Ave Delburne T0M 0V0 Delburne

    $54,900
    Land
    Status:
    Active
    MLS® Num:
    A2216828
    Fully serviced Residential lot ready for someone to come and build their dream home in the thriving community of Delburne. With offerings of a full K-12 school, medical offices, drugstore, multiple restaurants and a well known golf course. Hockey rinks, curling rink, dog park, walking trails and ball diamonds help make this town an enjoyable place to call home. Bare land with services and high speed internet ( fiber optic )to property line. More details
    Listed by Royal Lepage Network Realty Corp.
    LISTING DETAILS
    DIANE RICHARDSON

  • 26 5404 42 Street: Innisfail Mobile for sale : MLS®# A2231238

    26 5404 42 Street Innisfail Innisfail T4G 1S2
    Main Photo: 26 5404 42 Street: Innisfail Mobile for sale : MLS®# A2231238

    26 5404 42 Street Innisfail T4G 1S2 Innisfail

    $57,500
    Mobile
    Status:
    Active
    MLS® Num:
    A2231238
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    924 sq. ft.
    Big value with even bigger potential. A 1978 Fleetwood mobile home in Westwood manufactured mobile home park. The mobile home measured up to be 14'x66' , solid, clean, well built addition with wood burning stove measured up to be 16'x12', east facing front, freshly painted deck is 8'x8', back deck facing south west is 12'6"x 11'6", carport measured up to be 19'4"x 9'10", back porch measured 11'x8", garden shed #1 is 12'x8', garden shed #2 is 10'x8', 3rd garden shed is oddly cool and round. Newer refrigerator, newer stove, newer washing machine, newer stick and peel linoleum in kitchen, living room has carpet. The primary bedroom offers a cheater door to a 4 piece bath, bedroom #2 has it's own 3 piece ensuite and most windows upgraded over the years to a vinyl window. If you're looking for affortable living that has a little extra square footage and you get a carport, numerous sheds, 2 decks, fenced yard and the wonderful small town feel of Innisfail, Alberta, then you should look at this home. Home needs shingles, pet friendly park with park approval. Seller is in a great position to accomodate a buyer's quick possession. Current pad rent will be approximately $765/month and includes garbage, sewer, water, park care and upkeep. Home is ideal for young peoples starting out, perfect place to retire or if you just need to bounce into a new atmosphere with new surroundings this might be where you want to be. More details
    Listed by Maxwell Real Estate Solutions Ltd.
    LISTING DETAILS
    DIANE RICHARDSON

  • 519 4th Avenue: Elnora Residential Land for sale : MLS®# A2218237

    519 4th Avenue Elnora Elnora T0M 0Y0
    Main Photo: 519 4th Avenue: Elnora Residential Land for sale : MLS®# A2218237

    519 4th Avenue Elnora T0M 0Y0 Elnora

    $69,900
    Land
    Status:
    Active
    MLS® Num:
    A2218237
    Large lot located in Elnora. Great place to build a home, Elnora has a K-8 school, grocery store, bank. Very nice small town atmosphere. More details
    Listed by Royal Lepage Network Realty Corp.
    LISTING DETAILS
    DIANE RICHARDSON

  • 6 927 19A Street: Spruce View Detached for sale : MLS®# A2199003

    6 927 19A Street Spruce View Spruce View T0M 1V0
    Main Photo: 6 927 19A Street: Spruce View Detached for sale : MLS®# A2199003

    6 927 19A Street Spruce View T0M 1V0 Spruce View

    $79,900
    Residential
    Status:
    Active
    MLS® Num:
    A2199003
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    943 sq. ft.
    Welcome to this cozy 2-bedroom, 1-bathroom mobile home, nestled in a tranquil and serene setting. Located on a rented lot, this home offers a perfect retreat with a spacious and inviting layout. The home features a large side deck, ideal for outdoor relaxation and enjoying the surrounding natural beauty as it backs onto a lovely treed area, providing added privacy and a peaceful atmosphere. The interior boasts a functional and comfortable floor plan with two bright bedrooms and a well-maintained full bathroom. The open kitchen/living area also offers a gas fireplace. The gravel parking pad provides convenient off-street parking, while the quiet location ensures a calm and restful living experience. Whether you're looking to downsize or seeking a peaceful place to call home, this mobile home offers a wonderful opportunity for affordable and easy living. Lot rent in this park is $400.00 per month Don't miss out on the chance to experience the best of both comfort and nature in this charming mobile home! More details
    Listed by RE/MAX real estate central alberta
    LISTING DETAILS
    DIANE RICHARDSON

  • 5400 Davies Street: Innisfail Residential Land for sale : MLS®# A2242066

    5400 Davies Street Innisfail Innisfail T4G 1E3
    Main Photo: 5400 Davies Street: Innisfail Residential Land for sale : MLS®# A2242066

    5400 Davies Street Innisfail T4G 1E3 Innisfail

    $105,000
    Land
    Status:
    Active
    MLS® Num:
    A2242066
    Don't miss your chance to bring your own builder and complete your dream home on this half an acre lot. This vacant lot is perfectly positioned in the community of beautiful Town of Innisfail. This prime lot offers unbeatable convenience to the highway 2 if you love travelling around. It sits in an area with lots of trees. Birds singing and Deers running around. Nature is just right outside of your door. Currently the lot is zoned as R1A. We submitted our application for rezoning to R1C to allow more efficient use of the land. There are 3 lots for sale next to each other, so bring your friends and families together to your next door. More details
    Listed by Grand Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 5420 Davies Street: Innisfail Residential Land for sale : MLS®# A2242076

    5420 Davies Street Innisfail Innisfail T4G 1E3
    Main Photo: 5420 Davies Street: Innisfail Residential Land for sale : MLS®# A2242076

    5420 Davies Street Innisfail T4G 1E3 Innisfail

    $105,000
    Land
    Status:
    Active
    MLS® Num:
    A2242076
    Don't miss your chance to bring your own builder and complete your dream home on this half an acre lot. This vacant lot is perfectly positioned in the community of beautiful Town of Innisfail. This prime lot offers unbeatable convenience to the highway 2 if you love travelling around. It sits in an area with lots of trees. Birds singing and Deers running around. Nature is just right outside of your door. Currently the lot is zoned as R1A. We submitted our application for rezoning to R1C to allow more efficient use of the land. There are 3 lots for sale, so bring your friends and families together to your next door. More details
    Listed by Grand Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 5440 Davies Street: Innisfail Residential Land for sale : MLS®# A2242835

    5440 Davies Street Innisfail Innisfail T4G 1E3
    Main Photo: 5440 Davies Street: Innisfail Residential Land for sale : MLS®# A2242835

    5440 Davies Street Innisfail T4G 1E3 Innisfail

    $105,000
    Land
    Status:
    Active
    MLS® Num:
    A2242835
    Half an Acre Vacant Lot in Town - Nature Just right outside of your Door. Don't miss your chance to bring your own builder and complete your dream home on this half an acre lot. This vacant lot is perfectly positioned in the community of beautiful Town of Innisfail. This prime lot offers unbeatable convenience to the highway 2 if you love travelling around. It sits in an area with lots of trees. Birds singing and Deers running around. Nature is just right outside of your door. Currently the lot is zoned as R1A. We submitted our application for rezoning to R1C to allow more efficient use of the land. There are 3 lots for sale, so bring your friends and families together to your next door. More details
    Listed by Grand Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 14 52 Avenue: Benalto Residential Land for sale : MLS®# A2196588

    14 52 Avenue Benalto Benalto T0M 0H0
    Main Photo: 14 52 Avenue: Benalto Residential Land for sale : MLS®# A2196588

    14 52 Avenue Benalto T0M 0H0 Benalto

    $106,000
    Land
    Status:
    Active
    MLS® Num:
    A2196588
    Searching for a serene community to build your dream home? This incredible pie-shaped lot is nestled in a quiet cul-de-sac in Benalto. Backing onto greenspace with no rear neighbors, this 8,000+ sq. ft. parcel is ready for development. Just minutes from Sylvan Lake and Red Deer! More details
    Listed by KIC Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 4804 47 Avenue: Innisfail Residential Land for sale : MLS®# A1258133

    4804 47 Avenue Innisfail Innisfail T4G 1N6
    Main Photo: 4804 47 Avenue: Innisfail Residential Land for sale : MLS®# A1258133

    4804 47 Avenue Innisfail T4G 1N6 Innisfail

    $108,801
    Land
    Status:
    Active
    MLS® Num:
    A1258133
    Bare lot 56X120 located close to Downtown Innisfail. Currently zoned RT, to be rezoned by the Town of Innisfail More details
    Listed by Century 21 Bravo Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 602, 606, 610, 614, 618 5 Avenue: Elnora Residential Land for sale : MLS®# A2161795

    602, 606, 610, 614, 618 5 Avenue Elnora Elnora T0M 0Y0
    Main Photo: 602, 606, 610, 614, 618 5 Avenue: Elnora Residential Land for sale : MLS®# A2161795

    602, 606, 610, 614, 618 5 Avenue Elnora T0M 0Y0 Elnora

    $109,000
    Land
    Status:
    Active
    MLS® Num:
    A2161795
    Large lot consisting of 5 parcels, each measuring 55' wide by 130' deep (7150 sq ft each for a total of 35,720 sq ft). Combined lots equal approximately .8 acres.The properties run along 5th Ave and King St. Services can be tied in to lines that run along King St. The alley (not developed) runs across the back from King St. to Princess St. The property is located in the Village of Elnora just east of Highway 21, approximately 45 minutes south east of Red Deer. Elnora is a quiet little Village where kids can play and you do not need to worry about them. The K-8 school is one block south on Princess St. More details
    Listed by RE/MAX real estate central alberta
    LISTING DETAILS
    DIANE RICHARDSON

  • 4920 49 Street W: Innisfail Commercial Land for sale : MLS®# A2243974

    4920 49 Street W Innisfail Innisfail T4G 1N2
    Main Photo: 4920 49 Street W: Innisfail Commercial Land for sale : MLS®# A2243974

    4920 49 Street W Innisfail T4G 1N2 Innisfail

    $109,950
    Land
    Status:
    Active
    MLS® Num:
    A2243974
    VACANT LOT. DOWNTOWN INNISFAL. ZONED C0MMERCIAL BUSINESS. More details
    Listed by RE/MAX real estate central alberta
    LISTING DETAILS
    DIANE RICHARDSON

  • 4983 60 Avenue: Innisfail Residential Land for sale : MLS®# A2233324

    4983 60 Avenue Innisfail Innisfail T4G 0N6
    Main Photo: 4983 60 Avenue: Innisfail Residential Land for sale : MLS®# A2233324

    4983 60 Avenue Innisfail T4G 0N6 Innisfail

    $123,850
    Land
    Status:
    Active
    MLS® Num:
    A2233324
    Welcome to the charming lakeside community of Napoleon Lake in Innisfail—where small-town charm meets natural beauty! This is one of the most desirable and premium lots in the development, offering the rare opportunity to build your dream home with stunning, unobstructed views of Napoleon Lake. Whether you envision a cozy retreat or a spacious family home, this oversized 66' x 125' lot provides ample room for a large footprint and even a triple garage—perfect for those who need extra space for vehicles, toys, or a workshop. Innisfail is a vibrant and growing community known for its friendly atmosphere, excellent schools, abundant parks, and family-oriented amenities. You'll love the peaceful, laid-back lifestyle that comes with lakeside living, while still enjoying quick access to shopping, dining, recreation facilities, and professional services. Imagine waking up to serene lake views, enjoying quiet evening walks along the water, and experiencing nature right from your doorstep—all while being part of a welcoming, close-knit neighbourhood. Don’t miss this chance to build the home you’ve always wanted, Secure this lot and start constructing your dream home today! More details
    Listed by Century 21 Advantage
    LISTING DETAILS
    DIANE RICHARDSON
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Data was last updated August 12, 2025 at 12:05 PM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.