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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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Townhomes for sale in Red Deer Alberta
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12 37 Cosgrove Crescent: Red Deer Row/Townhouse for sale : MLS®# A2208546
12 37 Cosgrove Crescent Red Deer Red Deer T4P 2Z6 $150,000Residential- Status:
- Active
- MLS® Num:
- A2208546
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 655 sq. ft.61 m2
Attention first time home buyers or investors. Here is a 3 bedroom, 1.5 bathroom condo, conveniently located in Red Deer's Clearview Meadows subdivision. This bilevel home offers a galley kitchen, dinette, large living room with a patio door to a south facing deck. There is one bedroom and large half bathroom completing the upper floor. Downstairs you will find a very large primary bedroom with walk in closet, a third bedroom, a full bath and a separate laundry room. There are 2 assigned powered stalls. More detailsListed by Red Key Realty & Property Management- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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54 5935 63 Street: Red Deer Row/Townhouse for sale : MLS®# A2201661
54 5935 63 Street Red Deer Red Deer T4N 6C1 $159,900Residential- Status:
- Active
- MLS® Num:
- A2201661
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,095 sq. ft.102 m2
This well-situated townhouse offers a fantastic opportunity to own a home in a convenient and family-friendly neighborhood. Located close to schools, shopping, playgrounds, and transit, this property provides easy access to everyday essentials. Upon entering, you’ll find a dining area to your right, leading into a functional walkthrough kitchen. The layout flows into a bright living room, where sliding patio doors open to a fenced backyard, creating a great space for outdoor enjoyment. A short hallway from the front entrance also provides direct access to the living room. A convenient two-piece powder room completes the main level. Upstairs, the home features three bedrooms, including a spacious primary bedroom, along with a four-piece bathroom. The unfinished basement offers excellent potential for future development and is where the washer and dryer are located. Parking is directly in front of the unit, adding to the convenience of this well-located home. This townhome is ideal for someone starting out or as an addition to your rental portfolio. Call your realtor for a viewing today! More detailsListed by TREC The Real Estate Company- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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10 10 Fairbank Road: Red Deer Row/Townhouse for sale : MLS®# A2192261
10 10 Fairbank Road Red Deer Red Deer T4N 4X7 $174,900Residential- Status:
- Active
- MLS® Num:
- A2192261
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 578 sq. ft.54 m2
This desirable end unit townhouse is easy to view, and available for immediate possession. This is a perfect opportunity for those looking for affordable, comfortable and convenient living. Enjoy low condo fees and a large, west-facing balcony ideal for relaxing and entertaining, with the added bonus of a fantastic, unobstructed south-facing view overlooking Bower Ponds. The home features the convenience of one and a half bathrooms and a spacious master bedroom with a walk-in closet. As an end unit, this townhouse shares only one wall, offering increased privacy and a quieter environment. Pets allowed with board approval. Don't miss out on the exceptional value that this property has to offer! More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1 1 Fir Street: Red Deer Row/Townhouse for sale : MLS®# A2196103
1 1 Fir Street Red Deer Red Deer T4N 4Y1 $199,900Residential- Status:
- Active
- MLS® Num:
- A2196103
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 944 sq. ft.88 m2
Welcome to this beautiful end-unit townhouse at #1-1 Fir Street, offering comfortable living across two levels. The main floor provides a nice layout, including a well-sized kitchen with an attached dining area, and a cozy living space perfect for relaxation or entertaining. A convenient 2-piece bathroom completes the main level. Upstairs, you’ll find the primary bedroom, a full 4-piece bathroom, and a second bedroom, providing ample space for your family or guests. The lower level boasts a recreation room, ideal for hobbies or extra relaxation space, as well as a laundry/utility room with additional storage. Enjoy the privacy of your own yard, complete with a storage shed for added convenience. Situated close to essential amenities, this home offers both comfort and practicality in a fantastic location. More detailsListed by Concept Realty Group Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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705 Terrace Park: Red Deer Row/Townhouse for sale : MLS®# A2200948
705 Terrace Park Red Deer Red Deer T4N 1V8 $204,900Residential- Status:
- Active
- MLS® Num:
- A2200948
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,121 sq. ft.104 m2
EXPERIENCE this 2 storey style townhouse home with no condo fees! The main floor has a good sized living room with kitchen and dining room area. The upper floor has a 4 piece bathroom, 2 bedrooms, plus a primary bedroom. The basement is finished with a flex room, 3 piece bathroom and a laundry room, both the washer and dryer are included. There is a private backyard, fenced and landscaped and a parking pad at the rear for 2 vehicles. This home is located in SE Red Deer, close to shopping amenities. More detailsListed by Realty Experts Group Ltd- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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87 Ellis Street: Red Deer Semi Detached (Half Duplex) for sale : MLS®# A2209508
87 Ellis Street Red Deer Red Deer T4R 2C6 $235,000Residential- Status:
- Active
- MLS® Num:
- A2209508
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 883 sq. ft.82 m2
Welcome to your ideal senior living retreat! This charming one-level home boasts a low-maintenance exterior with stucco and brick accents, ensuring durability and aesthetic appeal. Inside, discover two spacious bedrooms, perfect for comfortable living. Enjoy the convenience of main floor laundry and the security of a single attached garage. Step outside to relax on the covered deck, offering a serene space for outdoor enjoyment. This home combines practicality with comfort, providing a peaceful sanctuary for your next chapter. More detailsListed by Royal Lepage Network Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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511 Terrace: Red Deer Row/Townhouse for sale : MLS®# A2204406
511 Terrace Red Deer Red Deer T4N 1V8 $240,000Residential- Status:
- Active
- MLS® Num:
- A2204406
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,132 sq. ft.105 m2
Beautifully updated 3-bedroom townhome in a central location - offering incredible value and no condo fees! This inviting home features a bright and spacious main floor with an open-concept kitchen and dining area, perfect for everyday living and entertaining. The large family room is warm and welcoming with room to relax or host guests. Enjoy the convenience of a partially finished basement that includes a rumpus room, 2-piece bathroom, and ample storage space - a rare bonus at this price point. Outside, the fenced yard offers privacy, space for the kids or pets, and room to enjoy the outdoors. Renovated with stylish touches and modern tech-smart features, this home blends comfort and functionality. Ideally located close to schools, shopping, transit, parks, and walking paths, with easy access to all quadrants of the city. Whether you're a first-time buyer or investor, this home presents a fantastic opportunity to step into the market or expand your portfolio. Don't miss out on this move-in ready gem! More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
-
15 Ellenwood Drive: Red Deer Row/Townhouse for sale : MLS®# A2207227
15 Ellenwood Drive Red Deer Red Deer T4R 2E3 $249,900Residential- Status:
- Active
- MLS® Num:
- A2207227
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,310 sq. ft.122 m2
Welcome to 15 Ellenwood Drive, a beautifully maintained 3-bedroom, 1.5-bathroom townhome in the heart of Eastview, Red Deer. With its bright and inviting layout, modern upgrades, and a picturesque backyard, this home is a fantastic opportunity for first-time buyers, young families, or savvy investors. Step inside to find a warm and welcoming living space, complete with hardwood flooring in the living room. The sunny south-facing kitchen is a delight, featuring ample counter space, four major appliances, and a bright dinette area perfect for morning coffee. Upstairs, the oversized primary bedroom offers his and hers closets, while two additional bedrooms provide great space for family, guests, or a home office. The unfinished basement offers endless possibilities—use it for storage, a home gym, or transform it into the ultimate teen hangout! Outside, the south-facing backyard is a private oasis, featuring a sundeck, lush flower beds, a newer fence, a mature shade tree, and a brand-new shed for added storage. The paved parking pad at the rear comfortably fits two vehicles, with an additional secure storage area for added convenience. Located in a fantastic neighborhood with easy access to shopping, schools, and parks, this home is one of Red Deer’s best values under $250,000. More detailsListed by Century 21 Advantage- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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174 Metcalf Avenue: Red Deer Row/Townhouse for sale : MLS®# A2200690
174 Metcalf Avenue Red Deer Red Deer T4R 1Z6 $249,900Residential- Status:
- Active
- MLS® Num:
- A2200690
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,211 sq. ft.113 m2
Fantastic End-Unit Townhouse in Red Deer – No Condo Fees! Discover the perfect blend of comfort and convenience in this practicle end-row townhouse—with no condo fees! This home offers a fully fenced yard and a paved double-car parking pad at the back, making it ideal for families, first-time buyers, or investors looking for a low-maintenance property. Step inside to find a bright and cozy living space that welcomes you in. The spacious open kitchen provides plenty of room for cooking and entertaining, while the convenient main-floor laundry and 2-piece bathroom add to the home’s functionality. Upstairs, you’ll find three generous bedrooms, including a large primary suite and two well-sized additional rooms—perfect for a growing family or home office space. The 4-piece bathroom features a sleek, upgraded showerhead you’ll have to see for yourself! The unfinished basement is a blank canvas, ready for your personal touch—whether you envision extra living space, a home gym, or simply additional storage. Located in a prime area of Red Deer, this home is a fantastic opportunity for those seeking affordable homeownership with plenty of potential. More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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406 Terrace Park: Red Deer Row/Townhouse for sale : MLS®# A2206485
406 Terrace Park Red Deer Red Deer T4N 1V8 $249,900Residential- Status:
- Active
- MLS® Num:
- A2206485
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,058 sq. ft.98 m2
No Condo fees! This fully finished townhouse is move-in ready and budget-friendly, making it ideal for a first-time buyer. It’s been extensively renovated, all new kitchen with stainless steel appliances, updated flooring, modern bathrooms, and fresh lighting throughout. The main floor offers a bright large living room, kitchen, and dining area. Upstairs, you’ll find three bedrooms and a renovated 3/4 bathroom. The finished basement adds extra space with a family room (or potential fourth bedroom) and a full bathroom. Additional upgrades include a new hot water tank (2022). Enjoy outdoor living with a fully fenced yard, patio, and plenty of rear parking. The durable sloped tin roof is a rare upgrade compared to the typical flat tar-and-gravel roofs in the area. Located close to shopping, parks, schools, and walking trails — plus a shared open courtyard for residents. Seller has a quote for the front window. More detailsListed by KIC Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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292 Cornett Drive: Red Deer Row/Townhouse for sale : MLS®# A2208083
292 Cornett Drive Red Deer Red Deer T4P 2Y3 $255,000Residential- Status:
- Active
- MLS® Num:
- A2208083
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,091 sq. ft.101 m2
Affordable townhouse in Clearview Meadows. This fully finished 2 bedroom, 3 bathroom townhome offers a nice main floor layout with an open living/dining area, kitchen with wood burning fireplace, and a 1/2 bath. The upper floor offers a huge primary bedroom, a second bedroom and a full bathroom with new tub surround. The basement has a family room, another half bathroom, the laundry facilities and tons of storage. There is a deck off the back of the home and a detached single garage. New hot water tank in March 2025. More detailsListed by Red Key Realty & Property Management- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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28 6300 Orr Drive: Red Deer Row/Townhouse for sale : MLS®# A2206103
28 6300 Orr Drive Red Deer Red Deer T4P 3T6 $269,900Residential- Status:
- Active
- MLS® Num:
- A2206103
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,192 sq. ft.111 m2
Welcome to your new home! Unit #28 in the Villas at Oriole Park, where affordable living meets stylish comfort! This charming 3 bedroom, 2 bathroom condo is fantastic for a first time home buyer, investor, or the empty nesters that just want to lock up and leave! Bask in the luxury of the large primary bedroom and embrace the ease of an open concept main floor with patio doors out to the yard. The kitchen is equipped with a shiny new stainless steel fridge, butcher block counter tops and is a great space to cook and entertain, while the partially developed basement awaits your personal touch and could become a large family room, or a 4th bedroom. Out in the yard you can enjoy the patio for those summertime bbq's, and low-maintenance vinyl fencing, perfect for privacy and also secure for your four-legged family members. It is also situated in a fantastic location! Local amenities? Not far away! From shopping and dining to public transit, everything is conveniently close. And let’s not forget the community gems like Bower Ponds, Red Deer Golf & Country Club, and Three Mile Bend, they are also conveniently located closeby! Want a weekend at the lake? Sylvan Lake is just a quick 15-minute drive away too! This condo isn’t just a place to live, it’s the gateway to the life you’ve always wanted and the low condo fees mean you keep more of your hard-earned money to spend on what matters most to you. Don't miss out – make it yours today! More detailsListed by KIC Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email