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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

Unlock Your Calgary Dream Home: Explore Listings by Price Range 

Under $300,000 $800,000 - $900,000 $300,000 - $400,000 $900,000 - $1,000,000 $400,000 - $500,000 $1,000,000 $500,000 - $600,000 Calgary new listings $600,000 - $700,000 Calgary new build homes for sale $700,000 - $800,000 

Find Your Perfect Home in Calgary: 3 to 8 Bedroom Homes

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Get in Touch with Diane Richardson – Your Trusted Calgary Real Estate Professional

Looking to chat about a property or have questions about buying or selling in Calgary? Diane Richardson is ready to help! Friendly, knowledgeable, and responsive—Diane is committed to making your real estate experience smooth and enjoyable.

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Simply head to Diane’s convenient online contact form. Provide your name, email, and message, and include any property addresses or MLS® numbers you're curious about. Diane will respond swiftly, ensuring you get all the answers you need!

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Prefer a direct conversation? No problem! Just call Diane at 403.397.3706. She's always happy to answer your questions or arrange viewings at your convenience.

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Want to connect via email? Reach Diane directly at Diane@Mypadcalgary.com. She'll gladly provide additional information, answer your questions, and assist with your real estate journey.

Don't hesitate—reach out today and experience stress-free, professional guidance from Diane Richardson!

Calgary homes for sale under $500,000-Calgary properties under $500KMission

ARBOUR LAKE NEW LISTINGS

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  • 415 88 Arbour Lake Road NW in Calgary: Arbour Lake Apartment for sale : MLS®# A2265100

    415 88 Arbour Lake Road NW Arbour Lake Calgary T3G 0C2
    Main Photo: 415 88 Arbour Lake Road NW in Calgary: Arbour Lake Apartment for sale : MLS®# A2265100

    415 88 Arbour Lake Road NW Calgary T3G 0C2 Arbour Lake

    $349,900
    Residential
    Status:
    Active
    MLS® Num:
    A2265100
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    959 sq. ft.
    ***FANTASTIC VALUE $350k for approx. 1,000SQ/FT, 2 SIDE by SIDE PARKING STALLS, walking distance to LRT and all your shopping needs*** Welcome to your new WELL MAINTAINED condo in the desirable lake community of Arbour Lake! This inviting 2 bedroom + DEN, 2 FULL bathrooms unit offers an OPEN-CONCEPT living area with a gas fireplace and 9ft ceilings, perfect for relaxing or hosting family & friends. Here you will enjoy the benefits of natural light that flood your oasis. The kitchen has ample dark cabinets, GRANITE countertops throughout, a breakfast bar and CONVENIENT in-suite laundry with pantry/storage space. The primary bedroom is a generous retreat, featuring a walk-through closet and a spacious 4-piece ensuite with GRANITE counter (separate shower and soaker tub). The second bedroom is perfect as a guest room with easy access to the a full 3-piece bathroom. Enjoy relaxing on your COVERED BALCONY equipped with a BBQ gas line. Included are 2 HEATED underground parking stalls (SIDE BY SIDE...NOT tandem, easy access), just steps from the lobby door and an additional separate secured INDOOR storage space. The building amenities include meeting room/owner's lounge with full kitchen, large fitness room with panoramic views, indoor bike storage, covered VISITOR parking and is PET-FRIENDLY. Ideal for young professionals, couples, investors, and roommates seeking a vibrant city lifestyle. Just steps away from the trendy CROWFOOT Shopping District with its walkable, street-level shopping & dining in the heart of Northwest Calgary. Here you will find everything at your doorstep, cafes, restaurants, groceries, entertainment as well as CROWFOOT LRT Station making this a great living experience. Your new home includes LAKE ACCESS to Arbour Lake and all its amenities such as the beach, swimming, fishing, skating and recreation centre providing year-round activities. Experience the ultimate living at the WEST in Arbour Lake or take advantage of a fantastic investment opportunity! More details
    Listed by Royal LePage Benchmark
    LISTING DETAILS
    DIANE RICHARDSON

  • 307 Arbour Grove Close NW in Calgary: Arbour Lake Detached for sale : MLS®# A2257219

    307 Arbour Grove Close NW Arbour Lake Calgary T3G 4J3
    OPEN HOUSE: Oct 18, 2025
    01:30 PM - 04:00 PM MDT
    Open House on Saturday, October 18, 2025 1:30PM - 4:00PM
    OPEN HOUSE: Oct 19, 2025
    02:00 PM - 04:00 PM MDT
    Open House on Sunday, October 19, 2025 2:00PM - 4:00PM
    Main Photo: 307 Arbour Grove Close NW in Calgary: Arbour Lake Detached for sale : MLS®# A2257219

    307 Arbour Grove Close NW Calgary T3G 4J3 Arbour Lake

    $635,000
    Residential
    Status:
    Active
    MLS® Num:
    A2257219
    Bedrooms:
    2
    Bathrooms:
    4
    Floor Area:
    1,293 sq. ft.
    OPEN HOUSE SATURDAY OCT 18TH, 1:30-4pm AND SUNDAY 2-4PM. Welcome to this much-loved and updated home. Tall ceilings and huge expansive triple-paned windows,(replaced in 2022), enhance your arrival. In this home all of the POLY B PLUMBING has been removed and replaced and most of the home has been freshly repainted. The furnace was replaced in 2018 and maintained yearly, and hot water tank in fall of 2023.. New lighting has set an elegant tone, along with newer roof (2016), a new stove and hood fan, in 2024, newer Meile dishwasher, and a renovated ensuite bath (2021). The carpets in the lower level have been professionally shampooed. There is a wonderful work/live opportunity here with the separate entrance to the lower level. The expansive hallway has a powder room and office (which could easily be made into a bedroom). The rec room is separate with its own full bath, so if you have clients coming, you can keep it apart from your day-to-day living and family space. This is a really special home, all you have to do is move in. More details
    Listed by MaxWell Capital Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 45 Arbour Crest Terrace NW in Calgary: Arbour Lake Detached for sale : MLS®# A2263985

    45 Arbour Crest Terrace NW Arbour Lake Calgary T3G 4S2
    OPEN HOUSE: Oct 19, 2025
    02:00 PM - 04:00 PM MDT
    Open House on Sunday, October 19, 2025 2:00PM - 4:00PM
    Main Photo: 45 Arbour Crest Terrace NW in Calgary: Arbour Lake Detached for sale : MLS®# A2263985

    45 Arbour Crest Terrace NW Calgary T3G 4S2 Arbour Lake

    $649,900
    Residential
    Status:
    Active
    MLS® Num:
    A2263985
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,681 sq. ft.
    Welcome to this inviting 2-storey home located in Arbour Lake, one of Calgary Northwest most desirable and family-friendly communities. Offering 3 spacious bedrooms, 2.5 bathrooms, and a unique glass sunroom, this property is perfect for growing families, first-time buyers, or savvy investors. The main floor features a bright and functional layout, ideal for both everyday living and entertaining. The sunroom adds a tranquil space to relax year-round—bathed in natural light and perfect for morning coffee, reading, or indoor gardening. Upstairs, you’ll find a large primary bedroom, with a generous ensuite bathroom, and ample closet space. 2 more spacious bedrooms, and bonus room. The unfinished basement offers potential for additional living space. Situated in a prime location just minutes from top-rated schools, shopping, public transit, and Arbour Lake’s private lake access. Whether you're looking for a welcoming family home or a smart investment opportunity, this property checks all the boxes. More details
    Listed by MaxWell Capital Realty
    LISTING DETAILS
    DIANE RICHARDSON
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Data was last updated October 18, 2025 at 10:05 AM (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.