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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.

Contact Diane Richardson

Phone: 403.397.3706
Email: diane@mypadcalgary.com

Unlock Your Calgary Dream Home: Explore Listings by Price Range 

Under $300,000 $800,000 - $900,000 $300,000 - $400,000 $900,000 - $1,000,000 $400,000 - $500,000 $1,000,000 $500,000 - $600,000 Calgary new listings $600,000 - $700,000 Calgary new build homes for sale $700,000 - $800,000 

Find Your Perfect Home in Calgary: 3 to 8 Bedroom Homes

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Get in Touch with Diane Richardson – Your Trusted Calgary Real Estate Professional

Looking to chat about a property or have questions about buying or selling in Calgary? Diane Richardson is ready to help! Friendly, knowledgeable, and responsive—Diane is committed to making your real estate experience smooth and enjoyable.

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Simply head to Diane’s convenient online contact form. Provide your name, email, and message, and include any property addresses or MLS® numbers you're curious about. Diane will respond swiftly, ensuring you get all the answers you need!

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Prefer a direct conversation? No problem! Just call Diane at 403.397.3706. She's always happy to answer your questions or arrange viewings at your convenience.

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Don't hesitate—reach out today and experience stress-free, professional guidance from Diane Richardson!

Calgary homes for sale under $500,000-Calgary properties under $500KRutland Park

BUNGALOWS FOR SALE IN PARKDALE CALGARY

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  • 527 29 Street NW in Calgary: Parkdale Detached for sale : MLS®# A2250152

    527 29 Street NW Parkdale Calgary T2N 2T4
    Main Photo: 527 29 Street NW in Calgary: Parkdale Detached for sale : MLS®# A2250152

    527 29 Street NW Calgary T2N 2T4 Parkdale

    $938,000
    Residential
    Status:
    Active
    MLS® Num:
    A2250152
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,098 sq. ft.
    Welcome to this highly sought-after 50’ x 120’ lot in the desirable community of Parkdale, just steps from the Bow River pathways and a short walk to Foothills Hospital, Parkdale Elementary, and Westmount Charter School. Zoned R-CG, this property offers excellent future development potential — or can be enjoyed as a beautifully updated family home. Inside, the main floor features a bright front living room overlooking the tree-lined street, a beautiful, renovated kitchen with new SS appliances and modern finishes. Three bedrooms and a full four-piece bath complete this level. The fully renovated lower level includes an (illegal) suite with a spacious family/sitting area, two additional bedrooms, and a stylish three-piece bath with oversized shower featuring new vinyl plank flooring with insulated subfloor, and professional soundproofing between the floors for added comfort, electrical, pluming and larger windows cut in. Extensive renovations and updates include: Tankless hot water system (8 yrs), Kitchen renovation (10 yrs) with all new appliances, Basement renovated ( 7 yrs) larger windows inserted, Electrical in lower level fully upgraded (2005 & permitted), All plumbing waterlines replaced plus upgraded drainage lines, Heating ducts and air intakes updated, Main floor windows replaced triple pane, new back and front doors (2006), Shingles (10 yrs) ,Professional plumbing upgrades The property also offers an oversized, insulated double garage off the back alley, plus a beautifully landscaped backyard with a two-tier deck, fire pit, 8’ x 10’ storage shed, apple tree, and lilacs. (Note: hot tub will be removed prior to possession.) Whether you’re looking for a prime development lot or a move-in-ready family home, this Parkdale property is a rare find in an unbeatable location More details
    Listed by RE/MAX Real Estate (Mountain View)
    LISTING DETAILS
    DIANE RICHARDSON

  • 514 30 Street NW in Calgary: Parkdale Detached for sale : MLS®# A2257445

    514 30 Street NW Parkdale Calgary T2N 2V3
    Main Photo: 514 30 Street NW in Calgary: Parkdale Detached for sale : MLS®# A2257445

    514 30 Street NW Calgary T2N 2V3 Parkdale

    $1,095,000
    Residential
    Status:
    Active
    MLS® Num:
    A2257445
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    853 sq. ft.
    Tremendous opportunity. Located on a quiet street in desirable Parkdale and close to downtown, SAIT, University of Calgary, Children's Hospital. Over 6800 square foot lot is zoned RCG with plans submitted for future 4-plex development, complete with legal suites and garage coverage for each unit. All four units would come in around 1900 square feet with an average of 500 square feet for the legal suites. The seller is providing a preliminary package for the buyer's use on this particular lot only as it is copyrighted and cannot be used for other lots. More details
    Listed by RE/MAX House of Real Estate
    LISTING DETAILS
    DIANE RICHARDSON

  • 3652 8 Avenue NW in Calgary: Parkdale Detached for sale : MLS®# A2260849

    3652 8 Avenue NW Parkdale Calgary T2N 1E1
    Main Photo: 3652 8 Avenue NW in Calgary: Parkdale Detached for sale : MLS®# A2260849

    3652 8 Avenue NW Calgary T2N 1E1 Parkdale

    $1,500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2260849
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    895 sq. ft.
    Land Value Only. Subdivision has been done for 2 lots of 32/150 ft each and DP is approved with conditions for both lots with 3,020 sq ft detached house on one lot and 3,400 sq ft detached house on the second lot. The land is surrounded by luxury custom built homes - you could be the next one on the block! Easy Access to 16 Ave, Crowchild Tr, Memorial Dr, playgrounds, parks, close proximity to the Foothills and Children's Hospital, University of Calgary, Bow River, Bow River pathways and easy access to downtown & trendy Kensington shops and eateries. Parkdale is an inner-city destination with a strong community spirit. Call your Realtor now to book a showing!! More details
    Listed by Real Estate Professionals Inc.
    LISTING DETAILS
    DIANE RICHARDSON
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Data was last updated October 16, 2025 at 10:05 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.