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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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5 Bedroom Homes for Sale Calgary
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99 Applegrove Crescent SE in Calgary: Applewood Park Detached for sale : MLS®# A2248123
99 Applegrove Crescent SE Applewood Park Calgary T2A 7R5 $275,000Residential- Status:
- Active
- MLS® Num:
- A2248123
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,184 sq. ft.110 m2
Half Ownership of Property for Sale. Disclosure: this is a civil enforcement listing and access for measurements isn’t possible at this time, all information contained has been taken from a previous listing. Showings may be permitted however not at this time. This property was previously listed so feel free to get more details from that. Once we receive an offer, the lawyer will request a judge to grant access to the property for a viewing/ home inspection provided that is a condition. Home being 'sold as is, where is'. More detailsListed by Royal LePage Benchmark- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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224 Pensville Close SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2256712
224 Pensville Close SE Penbrooke Meadows Calgary T2J 6K8 $369,900Residential- Status:
- Active
- MLS® Num:
- A2256712
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 795 sq. ft.74 m2
Welcome to this beautifully updated bi-level townhome, perfectly situated on a quiet street in the community of Penbrooke Meadows. Freshly painted and featuring brand-new vinyl flooring throughout, this spacious bi-level residence offers 5 bedrooms, 2 full bathrooms, and a functional layout ideal for families of all sizes. Step into a bright and inviting main floor, where large windows fill the generous living room with natural light. The stylish, modern kitchen is equipped with brand-new white cabinetry, sleek quartz countertops, stainless steel appliances, and plenty of storage, perfect for any home chef. A spacious dining area adjacent to the kitchen provides a warm setting for everyday meals or entertaining guests. Two well-appointed bedrooms and a contemporary 4-piece bathroom complete the main level. Downstairs, the fully finished basement offers a versatile family or recreation room, along with three additional bedrooms and a 3-piece bathroom, ideal for guests, older children, or a home office setup. Outside, enjoy the benefits of a private, low-maintenance backyard and a designated parking pad for added convenience. Located close to schools, parks, playgrounds, shopping, dining, and public transit, this home combines comfort, functionality, and accessibility - making it a fantastic opportunity for growing families or savvy investors. Don’t miss out - book your private showing today! More detailsListed by 2% Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5522 8 Avenue SE in Calgary: Penbrooke Meadows Semi Detached (Half Duplex) for sale : MLS®# A2252445
5522 8 Avenue SE Penbrooke Meadows Calgary T2A 3P7 $370,000Residential- Status:
- Active
- MLS® Num:
- A2252445
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 979 sq. ft.91 m2
Disclosure: this is a civil enforcement listing, measurements and most of the information for this listing have been taken from a previous listing. Once we receive an offer, the lawyer will request a judge to book a court date at which time all offers will be presented and may grant access to the property for a viewing/ home inspection provided that is a condition. Home being 'sold as is, where is'. More detailsListed by Royal LePage Benchmark- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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72 Fonda Crescent SE in Calgary: Forest Heights Semi Detached (Half Duplex) for sale : MLS®# A2236681
72 Fonda Crescent SE Forest Heights Calgary T2A 5S6 $380,000Residential- Status:
- Active
- MLS® Num:
- A2236681
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 920 sq. ft.86 m2
Great Investment! or live with renting down. 3 bedroom, kitchen and full bathroom on main floor. There are 2 bedroom and kitchen one full bathroom, in the basement illegal suite. Close to shopping, school. More detailsListed by Skyrock- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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143 Falton Drive NE in Calgary: Falconridge Semi Detached (Half Duplex) for sale : MLS®# A2264359
143 Falton Drive NE Falconridge Calgary T3J 1W7 $429,000Residential- Status:
- Active
- MLS® Num:
- A2264359
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 990 sq. ft.92 m2
Welcome to this updated bi-level semi-detached home in the heart of Falconridge. This exceptional property features a fully finished two-bedroom illegal basement suite. You are greeted by a freshly painted interior and new laminate flooring throughout, enhancing the home’s atmosphere. The main level offers a spacious family room, a well-appointed kitchen, three bedrooms, one 4-piece bathroom, and a 2-piece ensuite. The lower level features a large family room ideal for relaxation along with two comfortable bedrooms, a 4-piece bathroom, and a laundry room. This home is ideally located within walking distance to parks and several schools. Don’t miss the opportunity to own this home with an income generating basement. RECENT UPDATES include: newer paint, laminate flooring, newer roof, and new basement windows. More detailsListed by Royal LePage Blue Sky- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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55 Templemont Drive NE in Calgary: Temple Semi Detached (Half Duplex) for sale : MLS®# A2262122
55 Templemont Drive NE Temple Calgary T1Y 4Z5 $449,888Residential- Status:
- Active
- MLS® Num:
- A2262122
- Bedrooms:
- 5
- Bathrooms:
- 4
- Floor Area:
- 1,222 sq. ft.114 m2
****Investors and first time home buyers ALERT**** Welcome to this beautifully home in the desirable community of Temple! Featuring 5 spacious bedrooms, 2 full baths, and 2 half baths—including a master suite with its own 2-piece ensuite—this property offers ample space for families and entertaining guests. The inviting wood-burning fireplace in the living room creates a warm ambiance, while the stylish and durable LVP flooring throughout the main and carpet on 2nd floors adds a modern touch. An oversized double detached heated garage is a fantastic bonus for those chilly winter months, and the home's prime location within walking distance to transit, schools, and shopping ensures convenience for everyday living. This is a wonderful opportunity for anyone seeking a cozy and convenient place to call home—call to view before it’s gone! More detailsListed by RE/MAX iRealty Innovations- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5204 Marbank Drive NE in Calgary: Marlborough Semi Detached (Half Duplex) for sale : MLS®# A2262845
5204 Marbank Drive NE Marlborough Calgary T2A 4H4 $450,000Residential- Status:
- Active
- MLS® Num:
- A2262845
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 963 sq. ft.90 m2
UPDATED BI-LEVEL W/ 2- BED ILLEGAL SUITE W/ BACKYARD STEPS TO TRANS-CANADA CENTRE! Welcome to 5204 Marbank Drive NE — An amazing rental property that’s had a 100% tenancy rate! With rental potential of $3,000+ per month, this bi-level semi-detached home offers dependable cash flow and excellent long-term value for investors or first time home buyers looking for a mortgage helper. The property includes a finished illegal 2-bed basement suite with a shared side entrance, a total of 3 beds up and 2 beds down, a generous backyard & a paved back lane — the essential setup for a steady, low-maintenance investment in an established, transit-connected area. Step inside and you’ll find a bright open-concept main floor with large front windows that bring in plenty of natural light. The functional kitchen with granite countertops, maple cabinetry, and a good-sized island which acts as a central gathering hub, while the living room flows easily into a dedicated dining area. Sliding doors in the dining area open to a sun-filled SW facing balcony, perfect for enjoying a morning coffee! Three spacious bedrooms and a full bathroom complete the upper level, making this floor ideal for a family tenant or an owner-occupant looking to live up and rent down. Downstairs, the lower level offers a fully developed nearly 900 SQFT illegal suite with two bedrooms, a full kitchen, a 3pc bathroom, and generous living area. Outside, the property offers a fully fenced yard & rear lane access. Location-wise, you are down the block from the TransCanada Centre providing you with plenty of amenities including Save-On-Foods, Tim Hortons, GYMVMT Fitness Centre, and plenty of dining options. You are also 2 blocks away from Chris Akkerman School & walking distance to Bob Edwards school & Tennis Courts. Just a short 5 min drive away is Sunridge Mall, Marlborough Mall with easy C-Train access to the rest of the city, plus several major roadways including Memorial Drive, 16th Ave & Deerfoot Trail. Jumping in the car: Downtown is a 14 min drive (9.2KM), Airport is a 15 min drive (17.2KM), & Banff is a 1hr 37 min drive (133KM). More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2602 44 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2239922
2602 44 Street SE Forest Lawn Calgary T2B 1J6 $459,000Residential- Status:
- Active
- MLS® Num:
- A2239922
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 984 sq. ft.91 m2
BACK ON THE MARKET DUE TO THE BUYER NOT SECURING FINANCING!!! Looking for a new home and or investment property, please check out this listing that IS BACK ON the market. It has had many upgrades and yes a brand new roof has just happened. This home features a large living room and a huge kitchen and three spacious bedrooms on the main floor plus a 4 piece bath, tile floors in the kitchen and hardwood floors through out. The kitchen cabinets and counter tops have been upgraded as have the windows. The lower level features a illegal two bedroom suite, three piece bathroom, upgraded HE furnace and upgraded electrical panel and a shared laundry room. The illegal suite has a large living room and quite a large bedroom plus a full kitchen and good appliances. The second bedroom is being used as a office . The previous tenants have just moved out and so the house has had a complete overhaul, deep cleaning, fresh paint, etc. totally move min ready .The lot is huge, 5875 square feet, perfect for redevelopment in the future. Forest Lawn is being rediscovered as a good investment area and as a place to find a truly affordable home to live in and enjoy the many amenities that are nearby, schools galore, parks, shopping and restaurants, very good transit service and quite close into downtown plus Chestermere Lake recreation area is very close by . PLease come and have a look. Very quick possession possible. More detailsListed by Calgary West Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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916 38 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2257370
916 38 Street SE Forest Lawn Calgary T2A 1G2 $469,900Residential- Status:
- Active
- MLS® Num:
- A2257370
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,254 sq. ft.116 m2
50 x 125.88 LOT, RCG ZONING, 5 BDRM BUNGALOW WITH A 2 BDRM ILLEGAL SUITE DOWNSTAIRS. NEW ROOF, NEW HOT WATER TANK 2024, IT APPEARS TO BE ALL COPPER PLUMBING. 3 BDRMS UP, HARD WOOD FLOORING ON THE MAIN, SUN ROOM IN THE BACK WITH THE WASHER AND DRYER. CONCRETE PATIO, DBL DETACHED GARAGE. LEVEL LOT, LAWN, FENCED, EXTRA PARKING IN THE FRONT AND BACK. GOOD SQ FTGE IN THE HOME, OVER 1253 SQ FT, PERFECT FOR INVESTOR AND OR RENOVATOR. DON'T MISS THIS OPPORTUNITY. R-CG zoning in Calgary allows for a variety of housing types, including rowhouses and duplexes, promoting more diverse and efficient land use in residential areas. More detailsListed by One Percent Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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365 Whitlock Way NE in Calgary: Whitehorn Detached for sale : MLS®# A2260006
365 Whitlock Way NE Whitehorn Calgary T1Y 5C9 $474,500Residential- Status:
- Active
- MLS® Num:
- A2260006
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,160 sq. ft.108 m2
Welcome to this beautifully updated home nestled on a quiet cul-de-sac, just steps from the LRT station. Perfectly situated on a spacious pie-shaped lot, this 4 bed + 1 den, fully Air Conditioned, and Hail Protected Aluminium Siding property offers generous front and backyard space—ideal for families or entertaining! Inside, you'll love the bright and open living room with stylish vinyl plank flooring and large upgraded windows. The modern white kitchen features ample counter space, sleek appliances, and picturesque views of the backyard. A spacious dining area with sliding patio doors creates the perfect flow for indoor-outdoor living. The main floor is completed by an updated half bath with a fresh, contemporary design. Upstairs, the primary bedroom easily fits a king-sized bed and includes a deep walk-in closet. The renovated 4-piece bath showcases a luxurious soaker tub, timeless subway tile, and an upgraded vanity. Two additional bedrooms offer comfort and flexibility. The fully finished basement includes a large rec room, two more bedrooms, and a modern 3-piece bath (2016)—perfect for guests, teens, or a home office setup. Major Updates Include: A/C for year-round comfort, New electrical panel (2016), Hot water tank (2021) – 50-gallon, Furnace (2012), Windows (2014), Roof (2011), Newer flooring all over the house. Located near Peter Lougheed Hospital, Sunridge Mall, schools, and parks—this home combines space, updates, and convenience. A true hidden gem ready for its next proud owner! ?? Don’t miss out—schedule your private showing today! More detailsListed by Grand Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1117 36 Street SE in Calgary: Albert Park/Radisson Heights Semi Detached (Half Duplex) for sale : MLS®# A2265525
1117 36 Street SE Albert Park/Radisson Heights Calgary T2A 1C1 $478,800Residential- Status:
- Active
- MLS® Num:
- A2265525
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 999 sq. ft.93 m2
RENOVATED HALF DUPLEX IN ALBERT PARK WITH TONS OF GREAT FEATURES - AMAZING STARTER HOME / INVESTMENT PROPERTY - 2 BEDROOM ILLEGAL SUITE WITH UPDATES - SEPARATE ENTRANCE - SEPARATE LAUNDRIES - BRAND NEW CONCRETE PARKING PAD IN THE REAR - BACK LANE ACCESS - NEW EXTERIOR PAINT AND SOME NEW WINDOWS - APPROXIMATELY 10 MINUTES TO DOWNTOWN CALGARY - EASY ACCESS TO ALL THE AMENITIES ON INTERNATIONAL AVENUE & THE LINE UP OF STORES IN MARLBOROUGH (ALONG 36 ST NE) - EASY ACCESS TO TRANSIT, SCHOOLS & PARKS - Offering 1800+ SQFT of luxurious living space with 5 bedrooms, 2 FULL baths and BRAND NEW CONCRETE PARKING PAD - The main level offers a spacious family room with a large window, kitchen with stainless steel appliances, dining, FULL bath and 3 bedrooms! The illegal suite in the basement has its own SEPARATE ENTRANCE and features a rec/living room, kitchen with updated appliances and updated cabinetry, NEW FULL BATH and 2 well sized bedrooms! Some of the landscaping in the backyard has been refreshed with sod and newer fencing; the home also boasts NEW EXTERIOR PAINT. Another HIGHLIGHT OF THIS HOME IS THE LOCATION - close proximity to Downtown YYC, easy access to major roads such as International Ave (17 Ave SE), Memorial Drive and Deerfoot Trail; public transportation included! LOTS OF POTENTIAL WITH THIS HOME - LIVE UP & RENT DOWN OR USE IT AS AN INVESTMENT PROPERTY AND RENT OUT BOTH SPACES! Call your favourite realtor for a viewing today! More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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10 Tarawood Lane NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2258830
10 Tarawood Lane NE Taradale Calgary T3J 4S9 $479,700Residential- Status:
- Active
- MLS® Num:
- A2258830
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,216 sq. ft.113 m2
Fully Developed Duplex, Corner Lots, Lots of Parking, 3 Bedrooms Up and Separate Entrance to 2 Bedrooms Suite (Illegal), 2 Full and One Half Bath, Master bedroom has Cheater Door to Bathroom, Well Kept, Renovated, Big Kitchen, Deck, Big Yard, Priced to Sell Quick, Close to Schools, Shopping, Bus, C-Train. More detailsListed by Century 21 Bravo Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email