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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 in SE Calgary
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3624 29A Avenue SE in Calgary: Dover Semi Detached (Half Duplex) for sale : MLS®# A2222616
3624 29A Avenue SE Dover Calgary T2B 0G2 $399,900Residential- Status:
- Active
- MLS® Num:
- A2222616
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 705 sq. ft.66 m2
Cozy Bi-Level half-duplex located on quiet street in the community Dover SE area. with double detached heated garage. This home features main floor has a large L shape living room, dinning room combine, good size kitchen, two bedrooms and 4pce bathroom. Basement developed with additional 3 bedrooms and 4pc bathroom. Note: New furnace and hot water tank replaced in 2015 and new roof for garage 2024 and new grarge door 2025. Great location , close to schools, shopping mall, transit bus stop. Excellent for starter home or investment property. More detailsListed by RE/MAX House of Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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68 Pennsburg Way SE in Calgary: Penbrooke Meadows Semi Detached (Half Duplex) for sale : MLS®# A2220430
68 Pennsburg Way SE Penbrooke Meadows Calgary T2A 2J5 $409,999Residential- Status:
- Active
- MLS® Num:
- A2220430
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 790 sq. ft.73 m2
Welcome to this charming bi-level home! Perfect for families, first-time buyers, or investors! Nestled in a quiet neighbourhood and offering loads of potential, this property boasts a MASSIVE backyard with back alley access- ideal for future plans such as a parking pad or a large garden! There is plenty of room for the kids to play or pets to roam. Inside, the main level features a bright and spacious layout. Large windows allow for tons of natural light. The large living room flows to the dining area and the kitchen, great for day-to-day family living! You'll find two comfortable bedrooms upstairs, along with the 4 piece bathroom. Downstairs, the developed basement offers 3 additional rooms- use all as bedrooms or convert one into a second living area, playroom or home office to suit your needs! The large utility room/laundry room provides ample storage and functionality, and a 100 AMP ELECTRICAL PANEL (previously 70 amp)! This homes LOCATION has it all! Located close to schools, playgrounds, shopping, and just minutes from Stoney Trail for an easy commute in any direction. Blocks away from 17th ave, East Hills & Elliston Park! Walking distance to events such as Global Fest! This home combines comfort, space, convinience and opportunity- at an incredible value! Don't miss your chance to make this home your own! More detailsListed by First Place Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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183 Penbrooke Close SE in Calgary: Penbrooke Meadows Semi Detached (Half Duplex) for sale : MLS®# A2220335
183 Penbrooke Close SE Penbrooke Meadows Calgary T2A 3N9 $499,000Residential- Status:
- Active
- MLS® Num:
- A2220335
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 999 sq. ft.93 m2
Investors and First time home Buyers Alert! This spacious half duplex boasts 5 generously sized bedrooms and 2 full bathrooms. Offering exceptional value and income potential. With a well thought out layout that easily accommodates large families or tenants, this property is an ideal addition to any portfolio. The upper and lower levels provide flexible living arrangements. Situated in a desirable, well connected neighbourhood close to schools, public transport, parks, and shopping, this home is sure to be the perfect rental performer as well as great home to settle down in. Whether you are looking to live up and rent down, or have it as a full investment, DO NOT miss this rare opportunity to own a property with endless potential! More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5413 Valentine Crescent SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2221908
5413 Valentine Crescent SE Penbrooke Meadows Calgary T2A 2K7 $529,900Residential- Status:
- Active
- MLS® Num:
- A2221908
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,044 sq. ft.97 m2
Welcome to this beautifully cared for and updated bungalow in Penbrooke Meadows. This lovely home has over 2000 sq. ft. of living space with 5 total bedrooms. The main level features hardwood throughout, 3 bedrooms, a 4 pc. bathroom, separate living dining area, sunny kitchen with wood cabinets and white appliances that include a gas stove. Downstairs has 2 large bedrooms with built ins, a huge rec room, a 3 pc bathroom and the laundry room. The back yard is facing South and has a cozy enclosed sunroom, patio and barbeque area, gardens, a huge enclosed dog run that's 26x25 ft., and a single detached garage. Updates to this home include a new roof, furnace, most of the windows have been replaced, hot water tank, insulation in the attic and freshly painted throughout. It's available for a quick possession so call your favorite realtor for your private viewing. More detailsListed by Real Estate Professionals Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5420 Valentine Crescent SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2208265
5420 Valentine Crescent SE Penbrooke Meadows Calgary T2A 2K6 $529,900Residential- Status:
- Active
- MLS® Num:
- A2208265
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,062 sq. ft.99 m2
This inviting 5 bedroom, 2 bathroom bungalow sits on a generous corner-end lot, offering both immediate livability and future development potential. The property features 3 bedrooms on the main floor with an additional 2 bedroom illegal basement suite and a detached garage. The main level welcomes you with abundant natural light and a functional layout, while the self-contained basement suite provides excellent rental income possibilities. The strategic corner lot position not only ensures privacy but also opens up various development opportunities for the right buyer. Perfect for first-time buyers seeking assistance with mortgage payments, investors looking for steady returns, or visionaries interested in future development. This versatile property combines current comfort with long-term value in a thriving neighborhood. Schedule your viewing today to explore all this exceptional property has to offer! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2223 36 Street SE in Calgary: Southview Detached for sale : MLS®# A2210472
2223 36 Street SE Southview Calgary T2B 0X9 $529,900Residential- Status:
- Active
- MLS® Num:
- A2210472
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 928 sq. ft.86 m2
Welcome to 2223 36 Street SE, a charming 5-Bedroom home in Southview SE Calgary. Whether you’re a growing family, savvy investor, or first-time buyer looking for income potential, this property offers incredible value and flexibility. Step inside to find a layout with ample spaces flooded with natural light, and plenty of room for everyone. The main floor features a functional kitchen, spacious living room, three well-sized bedrooms, and a full bathroom. Downstairs, the fully developed basement offers 2 additional bedrooms, a second full bathroom, and a large rec room — perfect for guests, tenants, or extended family. The basement has a separate entry from outside which is convenient for adding another family. The house comes with a single garage attached and a large deck and backyard, perfect for afternoon relax or summer BBQ. Situated on a generous lot of nearly 5,800 sqft, this home is just minutes from schools, shopping, transit, and major routes, making it an ideal location for both convenience and comfort. Don’t miss this opportunity to own in an established neighborhood with incredible potential. Book your showing today! More detailsListed by CIR Realty- 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®# A2219325
2602 44 Street SE Forest Lawn Calgary T2B 1J6 $530,000Residential- Status:
- Active
- MLS® Num:
- A2219325
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 984 sq. ft.91 m2
Looking for a new home and or investment property, please check out this brand new listing that just hit the market. It has had many upgrades and yes a brand new roof is going to be one of them, it is going to happen soon. 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 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. More detailsListed by Calgary West Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2008 41 Street SE in Calgary: Forest Lawn Semi Detached (Half Duplex) for sale : MLS®# A2207997
2008 41 Street SE Forest Lawn Calgary T2B 1C6 $534,500Residential- Status:
- Active
- MLS® Num:
- A2207997
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,140 sq. ft.106 m2
This half duplex is fully renovated /remodled a year ago . It has new furnaces , hot water Tank , all electric , new roof , new appliances with legal suite bylaws built up illegal suite . The illegal suite is rented out which will be big time mortgage helper with own independent entry and privacy . The community is getting vibrant with all around new construction projects going on for rental units potential . The property is close to all amenities like bus route , no frills , KFC and many more close to International Avenue and 10 minutes drive to down town to join a work force and enjoy the down town life . Do not miss to occupy to merge in a vibrant community with mortgage helper independent illegal bigger suite . The 2006-41 Street SE is not listed but buyer can buy that too to hold full plex property and can split titles into 4 to enhence the value. The seller can guide about it . More detailsListed by Save Max Real Estate Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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348 Penworth Way SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2210118
348 Penworth Way SE Penbrooke Meadows Calgary T2A 4G2 $535,000Residential- Status:
- Active
- MLS® Num:
- A2210118
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,153 sq. ft.107 m2
Welcome to 348 Penworth Way! This spacious bi-level home offers a fantastic opportunity with five bedrooms, two living areas, and two kitchens. With a little bit of TLC, and a few cosmetic updates could transform this home to suit your style. Whether you want to make gradual improvements or give the entire home a makeover for instant equity, the potential is yours to unlock with simple, cosmetic changes. The upper level features a bright, airy living room with a large picture window that fills the space with south-facing natural light. The living area flows seamlessly into the dining room, which offers ample space for a large table—perfect for hosting family gatherings. The kitchen boasts a practical layout, with a large double window bringing in extra light while you prepare meals. Just off the kitchen, a mudroom leads to the back door, providing a convenient space for storing coats, boots, and umbrellas. Down the hall, you’ll find a full bathroom and two smaller bedrooms, ideal for children’s rooms, offices, or guest rooms. The master suite is generously sized and includes its own half-bath, offering added privacy and convenience. The lower level is full of potential, perfect for an in-law suite, or even an Airbnb for extra income. It includes a full kitchen, full bathroom, and two bedrooms—both with plenty of closet space and natural light. The spacious living area is cozy, featuring a fireplace with a stunning brick surround. A wet bar connects the living area, making it a great spot for entertaining or enjoying weekend games with friends. Outside, the large lot offers an oversized garage to keep your vehicles snow-free, plus a shed for additional storage and pad parking. This home has incredible potential to fit your needs and desires. Don’t miss out—book your showing today before it’s gone! More detailsListed by Century 21 Bravo Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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51 Applewood Drive SE in Calgary: Applewood Park Detached for sale : MLS®# A2221030
51 Applewood Drive SE Applewood Park Calgary T2A 7L2 $540,000Residential- Status:
- Active
- MLS® Num:
- A2221030
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,475 sq. ft.137 m2
INVESTOR/FLIPPER ATTENTION ! | 5 BEDS, 2.5 BATHS | 1 SINGLE GARAGE, 1 DOUBLE TANDEM GARAGE DETACHED | RV PARKING, CONCRETE PAD | NEWER FURNACE, HOT WATER TANK | Welcome to 51 Applewood Drive SE – Comfort, Space & Location! This charming home in the heart of Applewood Park is the perfect blend of functionality and potential. Step into a sunlit living room with large front windows, seamlessly flowing into the dining area and a well-appointed kitchen with spacious cabinetry and quartz countertop. The upper level includes three generously sized bedrooms and a full 4-piece bathroom—perfect for family living. Versatile Lower Level: The basement is finished with 2 good sized bedroom and another washroom, adding more space for another family. The house comes with one attached garage and another detached garage in the back, providing lots of space for parking or storage. Situated directly across from a serene park, residents can relish in the tranquility and green space views. The home is just minutes away from East Hills Shopping Centre, featuring Costco, Walmart, and Cineplex, ensuring all your shopping and entertainment needs are met. Easy access to major routes like Stoney Trail, 68th Street SE, and 17th Avenue SE makes commuting a breeze. Don't miss out on this fantastic opportunity to own a piece of Applewood Park. Schedule your viewing today and envision the possibilities! More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1631 76 Avenue SE in Calgary: Ogden Detached for sale : MLS®# A2215412
1631 76 Avenue SE Ogden Calgary T2C 1P6 $549,000Residential- Status:
- Active
- MLS® Num:
- A2215412
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,054 sq. ft.98 m2
Welcome to this bright, beautifully maintained, move-in ready bungalow, tucked away on a quiet crescent. This well-kept 3+2 bedroom, 2.5 bathroom home is flooded with natural light and offers a sunny, private backyard that backs onto peaceful green space—complete with a brand-new children’s playground. You'll love the easy access to scenic bike trails and the natural beauty of nearby Carburn Park. An oversized single garage keeps your vehicle sheltered and snow-free during the winter months. Recent updates include; washer, dryer, humidifier, hot water tank, light fixtures, and new fence boards. Enjoy maintenance free decking and energy-efficient vinyl windows. The home features a functional A/C system, with potential for modernization. A separate entrance to the basement offers excellent potential. This home is the perfect blend of comfort, convenience, and location. Book your private showing with your favourite REALTOR® today! More detailsListed by 2% Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5219 Memorial Drive SE in Calgary: Forest Heights Detached for sale : MLS®# A2210184
5219 Memorial Drive SE Forest Heights Calgary T2A 2P9 $549,900Residential- Status:
- Active
- MLS® Num:
- A2210184
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,156 sq. ft.107 m2
Huge bungalow sitting on a big lot , close to all amenities: schools-shop-banks-walk to bus stops- 10 mins to downtown... 1155 sqft, ,mainfloor with 3 good size bedrooms+ 1 full bath, kitchen, spacious living room w/ wood fireplace combined with dining area. Basement with separated entrance with MIL illegal mother in law suite : 2 more bedrooms with large windows and a den , huge family room , and a spacious bathroom. single detached garage, front porch... with a little update this will be a great home - or rental investment for live up and rent down. ( new hot water tank- roof and furnace are couple years old) More detailsListed by TREC The Real Estate Company- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email