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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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Houses for sale in Olds, Alberta

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1-12/41

  • 114 6108 53 Street: Olds Apartment for sale : MLS®# A2225911

    114 6108 53 Street Olds Olds T4H 1P1
    Main Photo: 114 6108 53 Street: Olds Apartment for sale : MLS®# A2225911

    114 6108 53 Street Olds T4H 1P1 Olds

    $149,000
    Residential
    Status:
    Active
    MLS® Num:
    A2225911
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    555 sq. ft.
    This immaculate 1-bedroom unit offers a bright and airy living space, with abundant natural light streaming in from the north-facing exposure. Featuring an open-concept great room and kitchen, this unit provides a comfortable and spacious layout. The generously sized bedroom offers ample space for relaxation, while the 4-piece bath provides all the essentials. Enjoy the outdoors from your large north-facing balcony, offering a peaceful view of the courtyard. Additional features include assigned parking and convenient in-unit storage. Located within walking distance to Olds College, this unit is perfect for students, professionals, or anyone looking for a cozy and convenient place to call home. More details
    Listed by Keller Williams BOLD Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 13 Birch Close: Olds Detached for sale : MLS®# A2223364

    13 Birch Close Olds Olds T4H 1M2
    Main Photo: 13 Birch Close: Olds Detached for sale : MLS®# A2223364

    13 Birch Close Olds T4H 1M2 Olds

    $224,900
    Residential
    Status:
    Active
    MLS® Num:
    A2223364
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    1,080 sq. ft.
    Homeownership dreams really can come true!! Almost 1100 sq ft of move in ready home nicely nestled in a cul-d-sac and backing onto greenspace is waiting for you. This great floor plan is well set up with the kitchen in the heart of the home. Numerous features such as the many windows that allows the natural light to stream in most every room. Enter into the mudroom that is perfect for all the coats, footwear, backpacks and extra storage. Open the door and you are greeted with the large living room and kitchen that has been tastefully updated. Next to the kitchen is the laundry room that provides more storage or great space if you wanted a second fridge or freezer. The three bedrooms and a 4 pce bathroom round out this area of the home. Outside you are sure to enjoy the new deck that is perfect for the BBQ and entertaining as well as a decent sized fenced side/back yard with for the kids and fur babies. There have been some improvements over recent years such as a deck, eavestrough, sink, new tub and heat tape. NO LOT RENT, this home is on it's own lot!! More details
    Listed by RE/MAX ACA Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 1 Birch Close: Olds Detached for sale : MLS®# A2227037

    1 Birch Close Olds Olds T4H 1M2
    Main Photo: 1 Birch Close: Olds Detached for sale : MLS®# A2227037

    1 Birch Close Olds T4H 1M2 Olds

    $254,000
    Residential
    Status:
    Active
    MLS® Num:
    A2227037
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,440 sq. ft.
    First time on the market, this home was built on years of love and care. Very well maintained yard with ease of care in mind. Including your fruit trees and floor beds. This 3 bedroom home is waiting for the new owners to come and care for what has been built over the years. The single garage will keep your vehicle out of the weather. Just come and move in and enjoy this well maintained property. More details
    Listed by Royal LePage Wildrose Real Estate -Olds
    LISTING DETAILS
    DIANE RICHARDSON

  • 205 5600 Sunrise Crescent: Olds Apartment for sale : MLS®# A2202739

    205 5600 Sunrise Crescent Olds Olds T4H 1W4
    Main Photo: 205 5600 Sunrise Crescent: Olds Apartment for sale : MLS®# A2202739

    205 5600 Sunrise Crescent Olds T4H 1W4 Olds

    $254,900
    Residential
    Status:
    Active
    MLS® Num:
    A2202739
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    909 sq. ft.
    Welcome to Seasons Community Living a 60+ facility in Olds. This spacious two bedroom, one bathroom second floor apartment in filled with natural light thanks to the south facing location. The apartment features oak cabinets, nice sized pantry and room for a small table. In suite laundry and spacious foyer. You will enjoy your morning coffee on your deck and there is even room on the deck for a few plants. Seasons Community Living provides opportunities to sign up for a meal plan, book an on site hairdresser, common areas include dining area, games/puzzle room and entertainment room. 24 hour staff. Book a showing today More details
    Listed by Royal LePage Wildrose Real Estate -Olds
    LISTING DETAILS
    DIANE RICHARDSON

  • 16 Birch Close: Olds Detached for sale : MLS®# A2203375

    16 Birch Close Olds Olds T4H 1M2
    Main Photo: 16 Birch Close: Olds Detached for sale : MLS®# A2203375

    16 Birch Close Olds T4H 1M2 Olds

    $255,000
    Residential
    Status:
    Active
    MLS® Num:
    A2203375
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,216 sq. ft.
    OVERSIZED LOT BACKING ONTO GREEN SPACE. Located in great cul-de-sac this home offers three bedrooms and two full bathrooms along with a nice open floor plan. The kitchen with a corner pantry and large eating area seamlessly connects to the living room, which boasts vaulted ceilings making it a welcoming space. Spacious primary bedroom with a 4 piece ensuite and walk-in closet. The other two bedrooms and four piece bathroom are thoughtfully placed on the opposite end of the home. The laundry room is located at the second entrance and steps out onto the deck which overlooks the fenced, landscaped yard. With some larger mature trees and backing onto green space, this is an ideal location for someone looking for and space and quiet. More details
    Listed by Royal Lepage Network Realty Corp.
    LISTING DETAILS
    DIANE RICHARDSON

  • 307 4403 67A Avenue: Olds Apartment for sale : MLS®# A2208703

    307 4403 67A Avenue Olds Olds T4H 0B9
    Main Photo: 307 4403 67A Avenue: Olds Apartment for sale : MLS®# A2208703

    307 4403 67A Avenue Olds T4H 0B9 Olds

    $259,000
    Residential
    Status:
    Active
    MLS® Num:
    A2208703
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    908 sq. ft.
    Welcome to Bridgestone Manor, a well kept 55 plus condo located in the town of Olds which is situated half way between Calgary and Red Deer. This third floor east facing unit consists of 2 bedrooms, open floor plan and large windows that allow the early morning sun to start your day. The Primary bedroom comes with a walk in closet and a complete ensuite. Every unit in this building comes with its own parking stall and storage unit. Party room or coffee with the neighbors all located on the main floor. In house mail service with Canada Post is in house. You have the option to walk for all the shopping that you will need. Do not miss out and book your showing today. More details
    Listed by Royal LePage Wildrose Real Estate -Olds
    LISTING DETAILS
    DIANE RICHARDSON

  • 5142 42 Street: Olds Semi Detached (Half Duplex) for sale : MLS®# A2219808

    5142 42 Street Olds Olds T4H 1A9
    Main Photo: 5142 42 Street: Olds Semi Detached (Half Duplex) for sale : MLS®# A2219808

    5142 42 Street Olds T4H 1A9 Olds

    $279,900
    Residential
    Status:
    Active
    MLS® Num:
    A2219808
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    962 sq. ft.
    Starter Home or investment property. This 962 square foot half duplex is some tlc away from being the perfect property. The main floor has a kitchen, dining room and a good sized living room which has a wood burning fireplace. Off the living room is a large front south facing deck. A 4 piece main bath finishes this level. In the finished basement their are 2 more bedrooms, a 3 piece bath, a large family room, the laundry room and the mechanical room. Their is a 21 x 15.6 detached garage with back alley access and room beside for parking. The yard is landscaped and this property is ready for your renovation ideas. More details
    Listed by CIR Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 4601 47 Avenue: Olds Detached for sale : MLS®# A2220479

    4601 47 Avenue Olds Olds T4H 1C7
    Main Photo: 4601 47 Avenue: Olds Detached for sale : MLS®# A2220479

    4601 47 Avenue Olds T4H 1C7 Olds

    $339,000
    Residential
    Status:
    Active
    MLS® Num:
    A2220479
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,646 sq. ft.
    Investor Alert! Prime Opportunity Near Olds College This charming older home, situated on an expansive R-2 zoned residential lot, presents an excellent first time buyer home or an investment opportunity. Boasting over 1,600 sq ft of living space, the residence includes 4 bedrooms and 2 full bathrooms, making it ideal for families or rental potential. Long-term, reliable tenants are already in place, providing immediate income for savvy investors. Located just steps from Old's College and within easy walking distance to all the amenities the town of Old's has to offer, this property is perfectly positioned for convenience and future growth. Even better, the adjacent property at 4609—featuring an extra-large lot—is also available for purchase. Buy one or both and unlock the potential for future development or increased rental revenue. Don't miss this rare opportunity to invest in a thriving area with excellent potential! More details
    Listed by Royal LePage Wildrose Real Estate -Olds
    LISTING DETAILS
    DIANE RICHARDSON

  • 5437 55 Street: Olds Detached for sale : MLS®# A2197798

    5437 55 Street Olds Olds T4H 1J8
    Main Photo: 5437 55 Street: Olds Detached for sale : MLS®# A2197798

    5437 55 Street Olds T4H 1J8 Olds

    $369,900
    Residential
    Status:
    Active
    MLS® Num:
    A2197798
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,458 sq. ft.
    Spacious Bungalow with Oversized Garage & Ample Parking. Looking for a home that offers both space and convenience? This charming bungalow is just what you need! Situated on an oversized lot, this well-maintained home features a large attached double garage, perfect for your vehicles and extra storage. Plus, there's plenty of room for more parking—whether it's for multiple cars, RVs, or guests! Inside, you'll find a spacious layout with updated features, including newer vinyl windows, a durable metal roof, and low-maintenance aluminum siding. The main floor has a convenient mudroom and laundry room right off the garage. The basement is fully developed, offering additional living space and a 4th bedroom—perfect for a growing family or extra room for guests. The location is ideal for families, with an elementary school and two playgrounds just around the corner. Whether you're looking for a fantastic family home or a property with rental potential, this one checks all the boxes! Come see it for yourself and envision all the possibilities this home has to offer! More details
    Listed by Real Broker
    LISTING DETAILS
    DIANE RICHARDSON

  • 2 Destination Place: Olds Detached for sale : MLS®# A2213721

    2 Destination Place Olds Olds T4X 1X8
    OPEN HOUSE: Jun 07, 2025
    11:00 AM - 01:00 PM MDT
    Open House on Saturday, June 7, 2025 11:00AM - 1:00PM
    Main Photo: 2 Destination Place: Olds Detached for sale : MLS®# A2213721

    2 Destination Place Olds T4X 1X8 Olds

    $375,000
    Residential
    Status:
    Active
    MLS® Num:
    A2213721
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,336 sq. ft.
    This charming 2-storey home in Olds is MOVE-IN READY and full of natural light! With 3 bedrooms, 2.5 baths, and a finished basement space, it’s the kind of home that instantly feels welcoming. You'll love the spacious, COUNTRY-STYLE KITCHEN — complete with loads of cabinetry, a PANTRY, and a generous dining area that opens onto a WEST-FACING COVERED DECK. Perfect for those summer BBQs or winding down with a sunset view. NO NEIGHBORS BEHIND! The living room features beautiful HARDWOOD FLOORS and plenty of space to gather. Downstairs, the basement offers a cozy FAMILY ROOM and a 3 piece Bathroom. Soak in the peaceful vibe of this established neighbourhood. The fully FENCED YARD has MATURE TREES, space to play or GARDEN, and is just steps from walking trails and Winter Lake. Whether you're upsizing, downsizing, or just looking for the right space to settle into, this home checks all the boxes. Come take a look — you’ll feel right at home! More details
    Listed by Quest Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 4609 47 Avenue: Olds Detached for sale : MLS®# A2179660

    4609 47 Avenue Olds Olds T4H 1C7
    Main Photo: 4609 47 Avenue: Olds Detached for sale : MLS®# A2179660

    4609 47 Avenue Olds T4H 1C7 Olds

    $399,000
    Residential
    Status:
    Active
    MLS® Num:
    A2179660
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,132 sq. ft.
    Built in 1934, this charming 1,132 sqft home is nestled on a generous residential lot, complemented by an additional lot next door that opens up exciting development possibilities, with both lots zoned R-2. Whether you envision that dream workshop you've always wanted or prefer to maintain a spacious yard for the kids and pets to enjoy, the options are limitless! Featuring 3 bedrooms and 2 bathrooms, this home provides ample space for the whole family. You can acquire it on its own or consider purchasing it alongside a neighboring property at 4601 for a promising investment. Located just steps away from Olds College, this property is a fantastic opportunity for both first-time homebuyers and savvy investors alike. Don’t let this chance slip away! Buy this on its own or buy with 4601 and look to the future. This home currently houses long-term, reliable tenants. More details
    Listed by Royal LePage Wildrose Real Estate -Olds
    LISTING DETAILS
    DIANE RICHARDSON

  • 4809 45 Street: Olds Detached for sale : MLS®# A2222920

    4809 45 Street Olds Olds T4H 1A3
    Main Photo: 4809 45 Street: Olds Detached for sale : MLS®# A2222920

    4809 45 Street Olds T4H 1A3 Olds

    $399,900
    Residential
    Status:
    Active
    MLS® Num:
    A2222920
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,058 sq. ft.
    Nestled in a quiet neighbourhood, this well-maintained older home is perfect for families or investors alike. Featuring a fully developed (illegal) basement suite with a separate entrance, 2 bedrooms, a full bathroom, kitchen, and private laundry, this property offers fantastic potential. The main floor has seen a number of updates, including new vinyl flooring throughout, fresh paint, a fully remodeled kitchen with modern cabinets, countertops, and backsplash, and an updated bathroom. The upper level offers 2 spacious bedrooms, a bright living area with large vinyl windows, and convenient laundry—no shared spaces for tenants! Additional highlights include an attached single garage, small backyard, alley access with plenty of parking, and proximity to shops, restaurants, and Olds College. Whether you’re looking for a cozy family home or an income-generating property, this gem checks all the boxes! More details
    Listed by Coldwell Banker Vision Realty
    LISTING DETAILS
    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.
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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.