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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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Phone: 403.397.3706
Email: diane@mypadcalgary.com

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Calgary homes for sale under $500,000-Calgary properties under $500KSandstone Valley

RED DEER 4 BEDROOM HOMES FOR SALE

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1-12/135

  • 291 Overdown Drive: Red Deer Semi Detached (Half Duplex) for sale : MLS®# A2227133

    291 Overdown Drive Red Deer Red Deer T4P 1W8
    Main Photo: 291 Overdown Drive: Red Deer Semi Detached (Half Duplex) for sale : MLS®# A2227133

    291 Overdown Drive Red Deer T4P 1W8 Red Deer

    $299,900
    Residential
    Status:
    Active
    MLS® Num:
    A2227133
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,012 sq. ft.
    Welcome to this fantastic half-duplex in the heart of Oriole Park! Ideally located near schools, parks, transit, restaurants, and shopping, this home offers both convenience and comfort. Featuring four spacious bedrooms, a cozy wood-burning fireplace, and a 2021 hot water tank, it’s designed for easy living. The main level has newer windows, a well-appointed 4-piece bath, and a bright, inviting atmosphere, with a large living room for enjoying. Downstairs, you’ll find a fully developed basement with a 3-piece bath, 1 bedroom and a huge rec/family room—perfect for additional living space. Step outside to enjoy the sunny, south-facing backyard, a great spot for entertaining, gardening or relaxing. Shed for easy storage along with back ally access. More details
    Listed by CIR Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 8 Dunham Close: Red Deer Semi Detached (Half Duplex) for sale : MLS®# A2225722

    8 Dunham Close Red Deer Red Deer T4R 2J5
    Main Photo: 8 Dunham Close: Red Deer Semi Detached (Half Duplex) for sale : MLS®# A2225722

    8 Dunham Close Red Deer T4R 2J5 Red Deer

    $329,900
    Residential
    Status:
    Active
    MLS® Num:
    A2225722
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,024 sq. ft.
    Welcome to 8 Dunham Close – a beautifully maintained ONE OWNER home located in the highly sought-after neighbourhood of Deer Park Estates! This charming 4-bedroom + den, 2.5-bathroom half duplex is spotless and shows pride of ownership throughout. Situated on a quiet close and walking distance to Holy Family School, Mattie McCullough, Hunting Hills High School, and Notre Dame, the location can’t be beat. You’re also just minutes from the Co-op Shopping Centre, Collicutt Centre, East Hill Shopping Plaza, and a variety of parks and amenities. The bright main level features 3 bedrooms on one floor, including a spacious primary bedroom with dual his & her closets and a private ensuite. The kitchen offers direct access to the front deck, perfect for summer BBQs and morning coffee. Downstairs, you’ll find a spacious, cozy family room with a gas fireplace and a wet bar, perfect for entertaining. The fourth bedroom, den/office, and an additional full bathroom complete the lower level, offering tons of functional space for a growing family or guests. Enjoy a fenced yard, oversized single detached garage, and extra storage space – all in a clean, well-cared-for property that’s move-in ready. Don’t miss this fantastic opportunity to own a lovingly maintained home in one of Red Deer’s most desirable neighbourhoods! More details
    Listed by Royal Lepage Network Realty Corp.
    LISTING DETAILS
    DIANE RICHARDSON

  • 28A 32 Daines Avenue: Red Deer Row/Townhouse for sale : MLS®# A2206985

    28A 32 Daines Avenue Red Deer Red Deer T4R 2Z5
    Main Photo: 28A 32 Daines Avenue: Red Deer Row/Townhouse for sale : MLS®# A2206985

    28A 32 Daines Avenue Red Deer T4R 2Z5 Red Deer

    $339,900
    Residential
    Status:
    Active
    MLS® Num:
    A2206985
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,347 sq. ft.
    Located in popular Devonshire Estates. Spacious bungalow with a walk out basement. Open floor plan with a well sized living room and dining room, 3 bedrooms and a kitchen with an eating bar. Some clients will appreciate that there is an Acorn Stairlift providing access to the basement. There is large bedroom downstairs, a large storage room plus a games/craft area. Shows well ! More details
    Listed by RE/MAX real estate central alberta
    LISTING DETAILS
    DIANE RICHARDSON

  • 24 9 Avenue W: Brooks Detached for sale : MLS®# A2179072

    24 9 Avenue W Brooks Brooks T1R 0N4
    Main Photo: 24 9 Avenue W: Brooks Detached for sale : MLS®# A2179072

    24 9 Avenue W Brooks T1R 0N4 Brooks

    $348,000
    Residential
    Status:
    Active
    MLS® Num:
    A2179072
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,054 sq. ft.
    BIG Potential here!* This exceptionally huge lot offers all kinds of options. The home needs work and TLC. Super sized Liiving Room catches the the south sun over Hardwood flooring. 2 bdrms, kitchen + 4 pc bath up. Separate Side entry from the amazing sunroom, allows private entry down.* Most work is required here to complete the kitchenette + 2 more bdrms. Large Living Rm; Laundry and plentiful storage. With a park view, attached sunroom, Lg. single det. garage, tons of poured concrete parking for R.V., Boats + vehicles ! The Missed potential is Here- waiting for you !!** All new Baseboards and several Framed doors are included. More details
    Listed by Brooks Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 37 Nagel Avenue: Red Deer Detached for sale : MLS®# A2218767

    37 Nagel Avenue Red Deer Red Deer T4P 1N7
    Main Photo: 37 Nagel Avenue: Red Deer Detached for sale : MLS®# A2218767

    37 Nagel Avenue Red Deer T4P 1N7 Red Deer

    $349,900
    Residential
    Status:
    Active
    MLS® Num:
    A2218767
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,067 sq. ft.
    Welcome to this 4 bedroom home with a large 26x26 detached heated garage! 37 Nagel ave is a great place to start, or would make a terrific investment property - with a large and bright front living room and connected kitchen and dining space at the rear, there is ample room for the family to gather. Two nice sized bedrooms and a 4pce bath complete the main level and the finished basement offers a good sized family room with a gas stove, 3pce bath and 2 more bedrooms (one without a closet). The rear garage was built in 2012 and has 220 power, a gas heater and would make an ideal work shop! There is a large shed in the back for storage and RV parking access from the back alley. Some notable features of this home include a newer on demand water heater and furnace as well as a water softener. Windows and doors were replaced in 2018 and there is plenty of room in the good sized lot for kids and pets!! Quick possession is available! More details
    Listed by RE/MAX real estate central alberta
    LISTING DETAILS
    DIANE RICHARDSON

  • 36 45 Ironstone Drive: Red Deer Row/Townhouse for sale : MLS®# A2227198

    36 45 Ironstone Drive Red Deer Red Deer T4R 0C1
    Main Photo: 36 45 Ironstone Drive: Red Deer Row/Townhouse for sale : MLS®# A2227198

    36 45 Ironstone Drive Red Deer T4R 0C1 Red Deer

    $350,000
    Residential
    Status:
    Active
    MLS® Num:
    A2227198
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,452 sq. ft.
    MOVE-IN READY! This unique condo townhouse is perfect to get started in home ownership. Well managed building, fully finished with 4 bedrooms and 2.5 bathrooms, fresh paint throughout as well! The main level features an open concept living area with gas fireplace facing out to the front common area. The spacious kitchen offers ample cabinet space, and the convenient main floor laundry room is a bonus! Your upstairs primary bedroom is oversized, with a massive walk-in closet and cheater door to the full bathroom. An additional two bedroom upstairs makes this a very family friendly layout. The fully finished basement features a large rec room, plus additional bedroom / bathroom. And to top it all off, you have an attached oversized single garage! This is a great complex in a very walkable area, offering owners nice, clean and efficient living! More details
    Listed by CIR Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 69 Erickson Drive: Red Deer Detached for sale : MLS®# A2206039

    69 Erickson Drive Red Deer Red Deer T4R 1X8
    Main Photo: 69 Erickson Drive: Red Deer Detached for sale : MLS®# A2206039

    69 Erickson Drive Red Deer T4R 1X8 Red Deer

    $359,900
    Residential
    Status:
    Active
    MLS® Num:
    A2206039
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    978 sq. ft.
    FULLY DEVELOPED 4 BEDROOM, 2 BATH BUNGALOW IN EASTVIEW ESTATES ~ LOCATED NEXT TO A WALKING, BACKING ON TO A PARK & PLAYGROUND ~ OVERSIZED FRONT DRIVE + REAR RV GATE ~ Bright entry welcomes you ~ The spacious living room has sliding patio doors that lead to the deck and backyard, with views of the park ~ The eat in kitchen offers a functional layout with ample cabinet and counter space, black appliances, window above the sink and a separate entry leading to the backyard ~ The primary bedroom can easily accommodate a king size bed plus furniture and has ample closet space ~ 2 additional main floor bedrooms ~ 4 piece bathroom ~ The fully finished basement has a large family room, 4th bedroom, 3 piece bathroom with a walk in shower and linen closet, laundry and space for storage throughout ~ The backyard is landscaped, has 2 sheds, RV gate with back alley access and is fully fenced ~ Located close to multiple parks, playgrounds, green spaces and walking trails with schools, shopping and restaurants all close by. More details
    Listed by Lime Green Realty Inc.
    LISTING DETAILS
    DIANE RICHARDSON

  • 5944 63 Street: Red Deer Detached for sale : MLS®# A2199108

    5944 63 Street Red Deer Red Deer T4N 5N9
    Main Photo: 5944 63 Street: Red Deer Detached for sale : MLS®# A2199108

    5944 63 Street Red Deer T4N 5N9 Red Deer

    $365,000
    Residential
    Status:
    Active
    MLS® Num:
    A2199108
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    982 sq. ft.
    This charming bi-level home in Highland Green offers a convenient location close to Dawe Centre, schools, parks, shopping, and recreational facilities. The main level features a bright and open living space, with a U-shaped kitchen including white cabinetry, a stylish white tile backsplash, and brand-new stainless steel appliances. Laminate flooring runs through the kitchen and dining area, complementing the modern aesthetic. Two spacious bedrooms and a convenient main-floor laundry complete the upper level. The lower level hosts an illegal suite with a white kitchen, matching white tile backsplash, and appliances, including a stove and fridge. This space also includes two bedrooms, a beautiful 3-piece bathroom with a walk-in shower, and a cozy family room, all finished with easy-care laminate flooring. Large windows provide ample natural light throughout the basement. Outside, the fully fenced backyard features a deck, perfect for outdoor gatherings. A parking pad accommodates two vehicles, and recent upgrades, including brand-new shingles in 2024, add to the home's value. This property is an excellent opportunity for homeowners or investors alike! More details
    Listed by Royal Lepage Network Realty Corp.
    LISTING DETAILS
    DIANE RICHARDSON

  • 47 Gibson Close: Red Deer Full Duplex for sale : MLS®# A2221068

    47 Gibson Close Red Deer Red Deer T4P 2Z3
    Main Photo: 47 Gibson Close: Red Deer Full Duplex for sale : MLS®# A2221068

    47 Gibson Close Red Deer T4P 2Z3 Red Deer

    $369,900
    Residential
    Status:
    Active
    MLS® Num:
    A2221068
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,693 sq. ft.
    Welcome to this Legal Duplex located on a quiet close, featuring a fully separate lower level unit with private yard! A prime investment opportunity with tenants already in place who would love to stay. This fully tenanted property is uniquely built allowing each unit to have 2 levels. As you enter the UPSTAIRS UNIT from the large south facing deck, you're greeted by a bright, large living space that seamlessly flows into a spacious kitchen/dining room —perfect for entertaining or comfortable family living. The kitchen has upgraded stainless steel appliances, tiled backsplash, breakfast bar with seating and separate dining area. Conveniently tucked off the kitchen is a spacious laundry room with storage. Upstairs, you'll find three generously sized bedrooms and a modern 4-piece bathroom with tiled tub/shower combo and storage. The LOWER UNIT has a similar layout with a large, bright living room on one side with patio sliding doors that take you out onto the north facing backyard and patio. The kitchen features white cabinetry, white appliances, pantry and dining area. In the basement level of this unit are 2 good sized bedrooms with double door closets, 4 piece bathroom, laundry room and utility closet. Off the back alley is parking for the tenants. Landlord pays for Water and Gas (Boiler), Electric is metered separate and paid by Tenants. More details
    Listed by RE/MAX real estate central alberta
    LISTING DETAILS
    DIANE RICHARDSON

  • 4005 41 Avenue: Red Deer Detached for sale : MLS®# A2223996

    4005 41 Avenue Red Deer Red Deer T4N 2X9
    Main Photo: 4005 41 Avenue: Red Deer Detached for sale : MLS®# A2223996

    4005 41 Avenue Red Deer T4N 2X9 Red Deer

    $369,900
    Residential
    Status:
    Active
    MLS® Num:
    A2223996
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    973 sq. ft.
    ADORABLE & IN GREAT CONDITION! This charming, family-owned 5-bedroom, 2-bath bungalow—lovingly maintained since the 1960s—offers a pristine blend of classic elegance and modern comfort in the desirable Grandview neighborhood. The main floor showcases gleaming original hardwood floors in immaculate condition, a spacious dining room with a built-in china cabinet and desk, and a cozy living room with a large window overlooking a tranquil green space—ideal for bird and rabbit watching. The kitchen features beautiful oak cabinets in excellent condition, ample pantry storage, and a breakfast nook with views of the lush backyard and garden. Three main-floor bedrooms and a 4-piece bathroom with a newer tub offer both functionality and comfort. Downstairs, the basement includes two additional bedrooms (one oversized, non-egress), a 3-piece bathroom with newer toilet and shower head, and plenty of storage—including a cold room perfect for root vegetables and canning. The laundry area includes a washer and dryer (2024) for added convenience. Also included are a newer fridge and central air conditioner. Furnace has a new board (2024). Outside, the beautifully landscaped and fenced yard includes a single detached garage and a generous garden space—perfect for green thumbs and outdoor enthusiasts. This well-maintained home is a must-see, offering peace, privacy, and a prime location close to downtown, shopping, schools, walking trails, and more. This adorable home won't last long! More details
    Listed by RE/MAX real estate central alberta
    LISTING DETAILS
    DIANE RICHARDSON

  • 78 Nichols Crescent: Red Deer Detached for sale : MLS®# A2226891

    78 Nichols Crescent Red Deer Red Deer T4P 1P6
    Main Photo: 78 Nichols Crescent: Red Deer Detached for sale : MLS®# A2226891

    78 Nichols Crescent Red Deer T4P 1P6 Red Deer

    $380,000
    Residential
    Status:
    Active
    MLS® Num:
    A2226891
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    954 sq. ft.
    Lovingly Maintained One-Owner Home on a Beautiful Pie-Shaped Lot! This charming home has had just one caring owner and is full of thoughtful upgrades that offer peace of mind and comfort for years to come. Set on a large pie-shaped lot, the outdoor space is a true gardener’s dream! You'll find lush perennial gardens, large vegetable garden, fruit trees, and a covered deck perfect for relaxing or entertaining. A detached garage adds both convenience and extra storage. Recent updates include: All-new energy-efficient windows with Sun Stop glaze and argon gas (March 2025) New shingles on the garage (October 2024) and front entry (May 2025) Freshly painted interior (May 2025) for a bright, clean feel New back fence (August 2023) for added privacy Professionally cleaned carpets—move-in ready! With its blend of indoor comfort and incredible outdoor space, this home is perfect for anyone who loves nature, gardening, or simply relaxing in a peaceful setting. A cozy air tight wood stove provide comfort and affordability for the chilly winter. This home is close to Schools, Transit , Restaurants, and Shopping More details
    Listed by RE/MAX real estate central alberta
    LISTING DETAILS
    DIANE RICHARDSON

  • 175 Garrison Circle: Red Deer Semi Detached (Half Duplex) for sale : MLS®# A2209738

    175 Garrison Circle Red Deer Red Deer T4P 0P5
    Main Photo: 175 Garrison Circle: Red Deer Semi Detached (Half Duplex) for sale : MLS®# A2209738

    175 Garrison Circle Red Deer T4P 0P5 Red Deer

    $389,000
    Residential
    Status:
    Active
    MLS® Num:
    A2209738
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,358 sq. ft.
    Spacious 1/2 Duplex in a Fantastic Red Deer Location! This 4-bedroom, 2-bathroom home features a bright and open-concept kitchen with an island, perfect for family gatherings. Enjoy the convenience of a 1/2 bath on the main floor, washer/dryer, and a walk-through pantry from kitchen that leads to the single attached garage. The fully fenced backyard with alley access provides a private retreat, and a nearby playground makes it ideal for families. The unfinished basement is ready for your personal touch! This property has always been a successful rental, making it a great investment opportunity. More details
    Listed by Royal Lepage Network Realty Corp.
    LISTING DETAILS
    DIANE RICHARDSON
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Data was last updated June 4, 2025 at 12:05 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.