Diane Richardson

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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.

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Email: diane@mypadcalgary.com

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MCKENZIE HOMES FOR SALE FROM $1,000,000 SE CALGARY

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  • 138 Mckenzie Lake View SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2222427

    138 Mckenzie Lake View SE McKenzie Lake Calgary T2Z 2T5
    Main Photo: 138 Mckenzie Lake View SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2222427
    $1,139,000
    Residential
    Status:
    Active
    MLS® Num:
    A2222427
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    2,452 sq. ft.
    Rare opportunity to own in the prestigious Harbours of McKenzie Lake—a quiet, low-turnover enclave known for its estate homes, exclusive lake privileges, and gated peninsula park. This meticulously maintained Albi-built 2-storey home offers over 3,600 sq.ft. of developed living space, showcasing timeless craftsmanship and thoughtful, high-quality updates throughout. Inside, the home boasts a rare 4 bedrooms upstairs, a main floor office, and a fifth bedroom in the fully finished basement, providing exceptional space and flexibility for modern living. The updated kitchen features quartz countertops, gas cooktop, double wall ovens, new backsplash, and solid wood cabinetry with a striking black island. Throughout the home, you’ll find beautifully refinished site-finished hardwood flooring. The main floor also offers a spacious family room with custom solid oak built-ins, formal dining room, and a cozy living area—perfect for entertaining or everyday family life.Bathrooms have been refreshed with new countertops and faucets and upgraded with Toto toilets. Additional upgrades include: Central A/C, Eco thermostat, upgraded attic insulation, full interior repaint, new carpeting, closets and doors updated with new hardware, new smoke/CO detectors, and new water softener. The fully finished basement includes an oversized fifth bedroom with large closet, a full bathroom with steam shower, a spacious laundry room (with sink, storage, and newer washer/dryer), and a large rec room complete with gas fireplace, pool table area, and custom wet bar. Outside, enjoy a serene, beautifully landscaped backyard featuring a stamped concrete patio, composite with built-in lighting, underground sprinklers, two storage sheds, firepit, and space for a playset or trampoline on the side yard. Residents of the Harbours enjoy a private, gated peninsula park offering lake access, picnic areas, walking paths, and unmatched privacy. As members of the McKenzie Lake Beach Club, you'll also enjoy year-round lake amenities including: ice rinks & zambonied skate path, fishing & boat rentals, sandy beach & docks, tennis courts, playgrounds, and clubhouse. With two schools within walking distance, and all the amenities of McKenzie Towne and 130th Avenue just minutes away, this home offers the perfect combination of luxury, location, and lifestyle. This is a truly rare offering in one of Calgary’s most desirable lake communities—where homes of this caliber seldom come to market. More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 93 McKenzie Lake Point SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2211608

    93 McKenzie Lake Point SE McKenzie Lake Calgary T2Z 1L7
    Main Photo: 93 McKenzie Lake Point SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2211608
    $1,350,000
    Residential
    Status:
    Active
    MLS® Num:
    A2211608
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,810 sq. ft.
    Location, location, location! Enjoy THIS SUMMER at the lake! Perfect home for young families, families with teens/young adults or for empty nesters. This stunning 4-bedroom bungalow is located on one of south Calgary’s most desirable quiet cul-de-sacs with sought after direct lake access. Walk around the corner to the schools and the beach club or stroll out your back door to swim or skate off of your private shared dock. It offers a fantastic opportunity to live just a short walking distance to both schools, the McKenzie Lake Beach Club and the McKenzie Lake Community Centre. Enjoy the walkable amenities, whether it is to school, to play tennis or pickleball, or to enjoy the views along the ridge of Fish Creek Park. This 1800 square-foot bungalow has many upgrades including a newer roof. Featuring an open-concept design, this spacious home boasts 9’ foot ceilings and a modern kitchen, including beautiful custom cabinets and granite countertops, perfect for family gatherings. The main floor includes two generous bedrooms, with one offering the flexibility to be used as a home office. The fully developed basement adds even more value with two additional bedrooms, a three-piece bath, a media room, and a large rec room ideal for family fun. Enjoy year-round comfort with air conditioning, a heated triple garage, and and a rear composite deck offering a beautiful view towards the lake and mature trees for privacy. Situated on one of McKenzie Lake’s premier cul-de-sacs, this home is perfect for families or couples seeking a peaceful lakeside lifestyle with plenty of space and modern amenities. Don’t miss your chance to live in this incredible location! More details
    Listed by RE/MAX Realty Professionals
    DIANE RICHARDSON
  • 5 Mckenzie Lake Point SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2226313

    5 Mckenzie Lake Point SE McKenzie Lake Calgary T2Z 1L7
    Main Photo: 5 Mckenzie Lake Point SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2226313
    $1,589,000
    Residential
    Status:
    Active
    MLS® Num:
    A2226313
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    2,610 sq. ft.
    Light, elegance, and modern refinement define this beautifully reimagined residence in one of McKenzie Lake’s most coveted locations. Situated on a quiet cul-de-sac and occupying an oversized, lushly landscaped corner lot, this extensively renovated two-storey masterpiece offers over 3,700 sq. ft. of refined living space, a heated oversized double attached garage with 220V power, an extended driveway, and rare semi-private LAKE ACCESS to a shared dock used by only 6 other neighboring homes. Not only do you have a semi-private dock 150 steps away, but you are also steps away from the main beach club entrance for those days that your family craves a sandy beach! Inside, you are immediately enveloped by the home’s light and airy ambiance, accentuated by soaring ceilings, expansive windows, and a fresh, neutral palette. Every detail has been thoughtfully curated—from the modern black spindles and designer lighting to the elegant hardware and timeless finishes. The showpiece kitchen blends form and function with sleek quartz countertops, high-end stainless steel appliances, crisp white cabinetry, and a large breakfast bar that flows effortlessly into the dining area and cozy family room with a stunning gas fireplace. Upstairs, you'll find three generous bedrooms, including a serene and luxurious primary retreat with a spa-inspired ensuite featuring dual vanities, an oversized glass shower, and a deep soaker tub—all framed by beautiful modern tilework. The upper level also features a spacious bonus/family room complete with a wet bar, perfect for entertaining or relaxing evenings. Step outside into your private southwest-facing backyard oasis, featuring a large sun-drenched deck, hot tub, mature trees, and direct gated access to a semi-private lake pathway. The fully finished basement offers versatility and space, with a full bath, a large recreation/games area, and two additional rooms ideal for guests, home offices, or creative pursuits. Located just steps from the lake, top-rated schools, tennis courts, hockey rinks, golf courses, and endless green space, this home offers the ultimate in lifestyle, luxury, and location. Don’t miss this rare opportunity to own a truly distinguished home in the heart of McKenzie Lake. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 131 Mckenzie Lake View SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2226005

    131 Mckenzie Lake View SE McKenzie Lake Calgary T2Z 2T5
    Main Photo: 131 Mckenzie Lake View SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2226005
    $1,675,000
    Residential
    Status:
    Active
    MLS® Num:
    A2226005
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,702 sq. ft.
    ** LAKEFRONT LUXURY IN THE HARBOURS OF McKENZIE LAKE – RARE WALKOUT BUNGALOW! This isn’t just a home - it’s a LIFESTYLE UPGRADE. Surrounded by water, privacy & prestige, it’s everything you would expect from true lakefront living. Welcome to one of Calgary’s most exclusive communities: The Harbours of McKenzie Lake. Lakefront homes in YYC are rare & walkout bungalows like this one are nearly impossible to find. Elegant & Easy Living: Step into over 3320 total sq ft of sun-filled space designed for both comfort & entertaining. The main floor features warm HICKORY HARDWOOD floors, 3-sided GAS FIREPLACE for cozy evenings, spacious flex/FORMAL DINING room & a private OFFICE/den. The kitchen is built for hosting with sweeping lake views from the kitchen sink, rich MAPLE CABINETRY, stunning leather-finish DOLOMITE STONE counters & STAINLESS appliances. The primary suite is its own private escape - wake up to the glimmer of sunlight on the water & the soft sound of waves right outside your window. Full en-suite bath with separate deep soaker tub & water closet. WALKOUT LOWER LEVEL: THREE more generous BEDROOMS, games area with POOL TABLE, second fireplace & dedicated TV lounge. Walk straight out to the landscaped backyard, firepit & dock. Plus it’s FULLY FENCED – so you have peace of mind for the pets & kids. Key Features & Upgrades: Be sure to ask for the EXTENSIVE list of upgrades, some of which include: 50-year CONCRETE ROOF tiles • HE Furnace, Water Softener & A/C • Triple-pane Windows for year-round comfort • Exposed Aggregate front patio • Maintenance Free Composite dock • Upper Vinyl deck with TOPLESS GLASS RAILINGS for uninterrupted lake views • Hunter Douglas blinds. Beautifully landscaped & ideal for hosting, relaxing & enjoying lakeside living! THE MCKENZIE LAKE LIFESTYLE: This isn’t just about the home - it’s about everything that comes with it. McKenzie Lake is a residents-only gated beach club, an active community with year-round amenities for every age: Summer Fun: Clubhouse, beach, tennis, basketball & volleyball courts. Paddleboarding, kayaking, canoeing, pedal boating & fishing (stocked yearly with rainbow trout). Family Events: sandcastle competitions, fishing derby, food trucks, movies at the lake. Winter Activities: Ice skating on a 2.5 km Zamboni-cleared loop. Firepits, ice hockey, tobogganing & even ice fishing. Skate all the way around the lake! The entire lake is nestled within an 18-acre park full of mature trees & landscaped walking paths. Located in the elite Harbours section, this is more than a home - it’s where memories are made, milestones are celebrated & life slows down in the best way. This isn’t just your home — it’s your year-round vacation property, right in your own backyard. ** Check out the 3D Tour! ** More details
    Listed by Century 21 Masters
    DIANE RICHARDSON
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Data was last updated June 4, 2025 at 02:05 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.