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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.
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Email: diane@mypadcalgary.com
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BUNGALOWS FOR SALE IN SYLVAN LAKE
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1206 5220 50A Avenue: Sylvan Lake Row/Townhouse for sale : MLS®# A2221926
1206 5220 50A Avenue Sylvan Lake Sylvan Lake T4S 1E5 $229,900Residential- Status:
- Active
- MLS® Num:
- A2221926
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 960 sq. ft.89 m2
Welcome to Rainbow Park! A fantastic opportunity to invest in real estate with this condo style townhouse in Sylvan Lake. The home features 2 bedrooms, 2 bathrooms, a neat kitchen with plenty of cabinets, in-suite laundry, nice size living room featuring a corner gas fireplace plus patio door access to a deck. The master bedroom includes a walk-in closet and a 4 piece ensuite. Property is just a short walk to the beach! A variety of amenities are nearby, the marina, golf course and Lakeshore Drive restaurants and nightlife. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5003 40 Street: Sylvan Lake Detached for sale : MLS®# A2225623
5003 40 Street Sylvan Lake Sylvan Lake T4S 1B7 $329,999Residential- Status:
- Active
- MLS® Num:
- A2225623
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 953 sq. ft.88 m2
Charming Cottage – Steps from Sylvan Lake! Step into a piece of history with this enchanting cottage, nestled just one block from the shimmering waters of Sylvan Lake and its scenic parks. This home exudes warmth and character, offering the perfect blend of vintage charm and a prime resort-town location. Inside, you’ll find original hardwood floors and beautifully varnished wood panel walls, creating a cozy, timeless atmosphere. The built-in kitchen table and dining area add to the home’s nostalgic appeal, making every meal feel like a cherished tradition. With two inviting bedrooms, one full bath, and an unfinished basement brimming with potential, this home is ready for your personal touch. Property Highlights: Authentic character with original hardwood & rich wood paneling, Prime location – 1 block to Sylvan Lake & park, Charming built-in kitchen table & dining room, Unfinished basement, New foundation done in the 80's– potential for expansion or storage, ,Perfect for year-round living, a weekend retreat, or investment property. Whether you're looking for a cozy lakeside getaway or a charming full-time residence, this rare cottage gem won’t last long. Don’t miss your chance to own a piece of Sylvan Lake history! More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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36 45 Street Crescent: Sylvan Lake Detached for sale : MLS®# A2227563
36 45 Street Crescent Sylvan Lake Sylvan Lake T4S 1K7 $350,000Residential- Status:
- Active
- MLS® Num:
- A2227563
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,068 sq. ft.99 m2
Opportunity knocks! This 4-bedroom, 1.5-bathroom home offers incredible potential for those looking to renovate and make it their own. Set on a generous lot with a fenced yard and a detached garage, the property backs onto a peaceful park—perfect for outdoor enjoyment. Located in a quiet, friendly community with great neighbours, this home presents an affordable chance to invest in a desirable neighbourhood. With solid bones and a great location, it’s ready for your vision and personal touch. More detailsListed by Century 21 Maximum- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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45 45 Street Crescent: Sylvan Lake Detached for sale : MLS®# A2227054
45 45 Street Crescent Sylvan Lake Sylvan Lake T4S 1K8 $394,900Residential- Status:
- Active
- MLS® Num:
- A2227054
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,076 sq. ft.100 m2
Amazing pie lot in an established neighborhood, with double detached heated garage & room for your RV + your toys. This solid, well maintained bungalow has been freshly painted, features 3+1 bedrooms and 2 full baths. As you enter this home you will notice the abundance of natural light coming in through the many large windows. This Living room is big enough for your sectional sofas, Kitchen is a functional u-shaped design that flows into your dining area. All 3 bedrooms upstairs & main bathroom have sunny south facing windows + main bath has a handy linen closet inside. There is a separate side entrance to easily access your backyard & detached garage. Head downstairs to the spacious family/games room area, another good sized bedroom & 3 piece bath. The Separate laundry room has 2 windows with plenty of room for shelves or folding tables to make your laundry day a breeze. Multiple storage spaces/utility room are perfect for all your holiday decorations & extra food storage. This pie shaped lot has an Easy to maintain front & backyard, with many large trees for privacy, an open firepit area, storage shed & tons of room for a future garden + room for your boat or RV. Detached, heated garage has a gas furnace & 220v wiring inside, plus plenty of electrical plugs. Furnace in home is approx 4 yrs old. There is No sump pump needed here, as house sits quite high on lot & never had any drainage issues. In May 2025, the Main floor & ceiling of home were completely repainted, the furnace/ducts & carpets professionally cleaned. This is a rare opportunity to snag a solid home in this desirable neighborhood close to schools & all other amenities. More detailsListed by RCR - Royal Carpet Realty Ltd.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5008 35 Street: Sylvan Lake Detached for sale : MLS®# A2190622
5008 35 Street Sylvan Lake Sylvan Lake T4S 1B3 $410,000Residential- Status:
- Active
- MLS® Num:
- A2190622
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 701 sq. ft.65 m2
Welcome to this 2-bedroom, 1-bathroom cottage featuring the perfect lakeside retreat, just steps away from the water. Enjoy the peace and serenity of the lake year-round with a spacious backyard, ideal for outdoor gatherings and relaxation. The detached garage provides convenient storage for all your lake toys and equipment plus an additional bunkhouse offers extra space for guests. Whether you’re looking for a year-round home or a weekend getaway to the lake, this cute cottage has everything you need for a lakeside lifestyle! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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117 Gray Close: Sylvan Lake Semi Detached (Half Duplex) for sale : MLS®# A2200310
117 Gray Close Sylvan Lake Sylvan Lake T4S 0W4 $410,000Residential- Status:
- Active
- MLS® Num:
- A2200310
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 1,038 sq. ft.96 m2
Ready for July this brand new bungalow floorplan by L&S Developments is perfect for a starter home or empty nester. Imagine having your morning coffee on the 20x8 covered front porch. Enter into good sized front foyer, with warm toned vinyl plank flooring leading to open floorplan. The vaulted ceilings and large windows make this home super bright and appealing. Metal spindle half wall for stairwell. Functional kitchen with white shaker cabinets, & feature navy centre island eating bar, quartz countertops, cabinet pantry, garbage/recycling pullouts, stainless steel appliances, chrome fixtures. Sliding door off of dining room to 7x8 back deck. Primary bedroom has room for king sized bed with black ceiling fan. Secondary bedroom is good sized for guests or office, carpet in both bedrooms. 4pce bathroom & handy main floor laundry. Basement is undeveloped but potential for family room, exercise area, bedroom and roughed in for another bathroom. Front sod and concrete sidewalk, backyard is black dirt leveled to grade. This home is located in Grayhawk on the north west side of Sylvan Lake. With easy access to highway and close proximity to the lake, golf course and all town amenities this up and coming subdivision is sure to meet all your needs. Future commercial and school sites as well as walking paths, parks playgrounds and pond. An abundance of wildlife to watch and a progressive new neighborhood to enjoy. GST included with rebate to builder. Taxes to be assessed. More detailsListed by RCR - Royal Carpet Realty Ltd.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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95 Gray Close: Sylvan Lake Semi Detached (Half Duplex) for sale : MLS®# A2188807
95 Gray Close Sylvan Lake Sylvan Lake T4S 0W4 $449,900Residential- Status:
- Active
- MLS® Num:
- A2188807
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 952 sq. ft.88 m2
Under construction Edge Homes built bungalow with a 18x18 detached garage & main floor laundry. The perfect home to downsize into, this 3 bedroom 3 bathroom unit is sure to impress your friends and family. Bright open floorplan with 9 ft ceilings and luxury vinyl plank flooring. Relax in the living room and watch the deer & wildlife in the farmers field behind. Entertain in the functional kitchen with centre island eating bar, corner pantry, soft close cabinets, under cabinet lighting, black granite sil sink, pull out garbage & recycling, range hood and stainless appliances. Dining room to entertain your friends, leads to handy back bench with decorative hooks, back door with with full glass/blind insert, back deck with privacy wall. 2 piece powder room for guests. Spoil yourself with this stunning primary bedroom with carpet flooring, huge walk in closet 4 piece ensuite with double sinks, stand up shower with glass door and seat. Basement is complete with family room, 2 more bedrooms one with a massive walk in closet for extra storage, 4pce bathroom. 9 foot ceilings and large windows make this basement perfect for teens or guests. High efficiency furnace, 40 gal high efficiency hot water tank. Front yard is landscaped with front sod, back yard is levelled with black dirt and has 18x18 detached garage. Located in Grayhawk on the west side of Sylvan Lake, with easy access to all town amenities, the lake, golf course, shopping, highway access and surrounded by walking paths and trails. GST included in purchase price with rebate to the builder. 1-2-5-10 New home warranty. Taxes to be assessed. Measurements & pics will be updated as build progresses, photos and renderings are examples from a similar home built previously and do not necessarily reflect the finishes and colors used in this home. More detailsListed by RCR - Royal Carpet Realty Ltd.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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97 Gray Close: Sylvan Lake Semi Detached (Half Duplex) for sale : MLS®# A2188813
97 Gray Close Sylvan Lake Sylvan Lake T4S 0W4 $449,900Residential- Status:
- Active
- MLS® Num:
- A2188813
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 952 sq. ft.88 m2
Brand new bungalow with detached garage built by Edge Homes located in Grayhawk on westside of Sylvan Lake. Open floorplan with living room at back of house overlooking the farmers field & wildlife activities. Functional kitchen with centre island eating bar, soft close cabinets, under cabinet lighting, garbage & recycling pullouts, corner pantry, quartz countertops, and stainless appliances. Dining room and garden door with handy storage bench area leads to back covered deck. Handy main floor laundry for you and 2pce powder room for guests. Large primary bedroom with room for king sized bed has carpet flooring, walk in closet and ensuite with stand up shower with seat, glass doors & double sinks. Basement is finished with family room, 2 more bedrooms, 4pce bathroom and utility room. Front yard has sod, back pie lot is levelled with black dirt and comes with a 18x18 detached garage with room for small RV or extra parking. Back lane is paved. Grayhawk is an up and coming development on the west side of town surrounded by walking paths, future commercial and school sites. Close to all town amenities, golf course, schools, shopping, highway access and the lake. This property is perfect for someone looking to downsize or buy one side and have family live in the other side see MLSA2188807 GST included with rebate to builder Taxes to be assessed. 1-2-5-10 New home warranty ** under construction completion approx September Measurements & pics will be updated as build progresses, photos and renderings are examples from a similar home built previously and do not necessarily reflect the finishes and colors used in this home. More detailsListed by RCR - Royal Carpet Realty Ltd.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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22 Firdale Drive: Sylvan Lake Detached for sale : MLS®# A2214432
22 Firdale Drive Sylvan Lake Sylvan Lake T4S 2L2 $449,900Residential- Status:
- Active
- MLS® Num:
- A2214432
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,258 sq. ft.117 m2
Great location for this family Bungalow close to schools. Walk in to the open open concept, vaulted ceilings bright main living area. Feature fireplace in the living room, french doors to the massive rear deck. Down the hall you will find the primary bedroom with ensuite, second bedroom and main bathroom. Laundry room will lead you out to attached garage. The basement is finished with an oversized bedroom, recreation area and bathroom. Large fenced rear yard is made for entertaining. More detailsListed by Royal Lepage Network Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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135 Gray Close: Sylvan Lake Semi Detached (Half Duplex) for sale : MLS®# A2210850
135 Gray Close Sylvan Lake Sylvan Lake T4S 0W4 $454,900Residential- Status:
- Active
- MLS® Num:
- A2210850
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,054 sq. ft.98 m2
This brand-new, fully developed 1853 sq ft bungalow with a single attached garage is under construction by Edge Homes. Ideal for empty nesters or first-time home buyers, this home offers a covered composite front porch with metal railing. Inside, enjoy a sunny front office or flex room, and durable vinyl plank flooring throughout the living room, dining area, kitchen, and den, all under 9 ft ceilings. The kitchen features a center island, corner pantry, quartz countertops, soft-close cabinets, a black granite sil sink, and includes four stainless appliances. The primary bedroom boasts an ensuite bathroom with a walk-in shower, while convenient main floor laundry adds to the home's functionality. A rear entry with a bench leads to a 7x12 deck with a privacy wall, perfect for outdoor relaxation. The basement also offers 9 ft ceilings and includes a spacious family room, two good-sized bedrooms, and a four-piece bathroom, all carpet. The single attached garage helps keep your vehicle warm in winter. West facing backyard overlooks greenspace/future school site. Front sod, driveway, and sidewalks, along with leveled black dirt in the backyard, will be completed. Located in Grayhawk, the newest subdivision on the west side of town, away from the hustle and bustle but with easy access to the lake, schools, golf course and all town amenities. Surrounded by walking paths and with future plans for school, parks/playgrounds & commercial spot this is sure to be a vibrant community for your family. Enjoy peace of mind with a new home warranty and energy-efficient features. Tax assessment pending; GST included with rebate to builder. Covered by a 1-2-5-10 new home warranty,*** this home is currently under construction with an estimated completion date late fall 2025. Photos and renderings are examples from a similar home and may not reflect the exact finishes and colors of this property. More detailsListed by RCR - Royal Carpet Realty Ltd.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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137 Gray Close: Sylvan Lake Semi Detached (Half Duplex) for sale : MLS®# A2210864
137 Gray Close Sylvan Lake Sylvan Lake T4S 0W4 $454,900Residential- Status:
- Active
- MLS® Num:
- A2210864
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,054 sq. ft.98 m2
Brand new bungalow in Sylvan Lake's sought-after Grayhawk community! This fully finished 3 bedroom plus den/3 bathroom home offers effortless luxury and comfort, ideal for downsizers. Featuring an open-concept layout with 9-foot ceilings and stylish vinyl plank flooring throughout, it boasts a light-filled living room with views to the west, overlooking greenspace/future school site. The chef-inspired kitchen includes a center island, corner pantry, soft-close cabinets, under-cabinet lighting, a granite sink, and upgraded stainless steel appliances. The serene primary bedroom offers plush carpeting, a walk-in closet, and a 3pce ensuite. Sunny front den to work from home or crafts. Main floor laundry and handy powder room for guests. The basement with 9-foot ceilings offers a family room, 2 bedrooms, 4piece bathroom, and another laundry hookup roughed in for future use. Additional features include a high-efficiency furnace, hot water tank, landscaped front yard, concrete front driveway and sidewalk, black dirt rear yard are included. Located in Grayhawk near Sylvan Lake's amenities, this home offers easy access to recreation and nature trails. GST is included with a rebate to the builder, and a comprehensive new home warranty adds peace of mind. Don't miss out on this opportunity. Taxes to be assessed. Measurements & pics will be updated as build progresses, photos and renderings are examples from a similar home built previously and do not necessarily reflect the finishes and colors used in this home. ****Under construction completion Late fall 2025** More detailsListed by RCR - Royal Carpet Realty Ltd.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5 Logan Court: Sylvan Lake Detached for sale : MLS®# A2220763
5 Logan Court Sylvan Lake Sylvan Lake T4S 2P4 $515,000Residential- Status:
- Active
- MLS® Num:
- A2220763
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,245 sq. ft.116 m2
Tucked away on a quiet cul-de-sac, this beautiful bungalow offers the perfect combination of comfort, style, and space to grow. Parents will appreciate the low-traffic location for their kids. Inside, hardwood floors and vaulted ceilings welcome you into a warm and inviting living room, complete with a cozy gas fireplace. The heart of the home is the kitchen though, featuring an abundance of counterspace for food prep, a large island that invites guests to gather or for after school snacks, and with an easy flow into the dining area—its perfect for entertaining. Stepping out onto the oversized deck, you can enjoy your morning coffee, weekend BBQs, or sunset visits with friends. The main floor hosts two spacious bedrooms, including the primary bedroom with a 3-piece ensuite and large walk-in shower. The main bathroom stays bright during the day, with a solar tube installed and you'll have the convenience of main floor laundry. Downstairs, the walkout basement is made for family nights. The generous sized family room is a great play space for the kids, as well as the dedicated theatre room for family movie nights. There are two additional good sized bedrooms on the lower level for the teenagers or guests staying over. From the large family room, you can walkout to the covered patio and yard where there is plenty of space to entertain or for the kids to play. Stay comfortable year-round with in-floor heat and central A/C. This is the kind of home families dream of—don’t miss your chance to view it! More detailsListed by Royal Lepage Network Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email