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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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DOWNTOWN COCHRANE HOMES & REAL ESTATE FOR SALE COCHRANE
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2321 505 Railway Street W: Cochrane Apartment for sale : MLS®# A2228575
2321 505 Railway Street W Cochrane T4C 2K9 
$263,900Residential- Status:
- Active
- MLS® Num:
- A2228575
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 844 sq. ft.
Welcome to beautiful Cochrane, Wow! Nowhere will you find these spectacular mountain views from all rooms at this price! Whether first time buyer, looking to downsize, or real estate investor, this two bedroom one bathroom condo is available for immediate possession for you! with its titled heated underground parking, new washer and dryer. as well as stainless steel fridge, you can move in and upgrade the others as you wish. Being move in ready, you can upgrade the condo at your leisure. with the view of the Rocky Mountains and its close proximity to the Bow River allow for numerous activities. Spray Lakes Sports Center is a short three minute drive away to fulfill your indoor activities such as skating, hockey, swimming, outdoor waterpark farmers market every Saturday during the summer months for your farm to table. etc. There are also many conveniences within steps from your door or a short walk as you are in the Quarry section of Cochrane, which is the hub of the town. The public library is directly behind the building, and a bowling alley across the street. There are many restaurants within a short walking distance to choose from. Please book your showing on showtime today! More detailsListed by RE/MAX Complete Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2214 505 Railway Street W: Cochrane Apartment for sale : MLS®# A2239763
2214 505 Railway Street W Cochrane T4C 2K9
$315,000Residential- Status:
- Active
- MLS® Num:
- A2239763
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 887 sq. ft.
Click brochure link for more details. Bright and spacious condo conveniently located in the heart of Cochrane close to many amenities. This clean 2 bedroom corner unit offers lots of space and a great layout. Generous sized kitchen with plenty of storage and breakfast bar overlooking a dining area and spacious living room. The bathroom has a fresh tub surround and floor tile, and a door into the master as well as the hallway. Updated carpet in living room and bedrooms makes this unit move in ready. In suite laundry with washer and dryer. Large (12 x 7) south facing balcony with plenty of sunlight and private facing. Room for a BBQ and table and chairs. Master has an east facing window and double closets. This professionally managed, well maintained building is in walking distance to the library, grocery stores, restaurants, coffee shops, medical facilities, fitness centers, bowling and the movies. More detailsListed by Honestdoor Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1206 505 Railway Street W: Cochrane Apartment for sale : MLS®# A2243792
1206 505 Railway Street W Cochrane T4C 2K9 OPEN HOUSE: Aug 09, 202511:00 AM - 01:00 PM MDTOpen House on Saturday, August 9, 2025 11:00AM - 1:00PM
$321,500Residential- Status:
- Active
- MLS® Num:
- A2243792
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 842 sq. ft.
Welcome to this beautiful two-bedroom, two-bathroom condo in the heart of downtown Cochrane! With newer carpet and paint throughout, this home is move-in ready and offers a warm and welcoming layout. The open-concept living, dining, and kitchen space is perfect for everyday living and entertaining. Bedrooms are thoughtfully positioned on opposite sides of the unit, offering great privacy for roommates or guests. The spacious primary suite features a walk-through closet and a private four-piece ensuite, while the second bedroom is just steps from another full bathroom. Step outside to enjoy your morning coffee or unwind in the evening on the large, covered balcony. You'll also appreciate the TITLED underground parking stall, especially during those colder months. Just steps to shopping, dining, transit, library, and all of the downtown amenities—this location perfect for convenience. Reach out today to your favourite real estate agent to schedule your private viewing! More detailsListed by Royal LePage Benchmark- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1306 505 Railway Street W: Cochrane Apartment for sale : MLS®# A2230969
1306 505 Railway Street W Cochrane T4C 2K9
$325,000Residential- Status:
- Active
- MLS® Num:
- A2230969
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 842 sq. ft.
OPEN HOUSE ON JUNE 28TH FROM 2:30PM TO 4:30PM - Welcome to this beautifully maintained 2 bedroom, 2 bathroom condo located on sought-after Railway Street, right in the heart of Cochrane. Perfectly situated, you’re just steps away from shops, cafes, and everyday amenities—making walkability a true highlight of this home. Inside, you'll find a bright and open layout with new flooring and pride of ownership throughout. The kitchen flows seamlessly into the living and dining areas, ideal for both quiet nights in or hosting friends. Both bedrooms are generously sized, with the primary suite featuring its own private ensuite. Enjoy the convenience of underground heated parking, perfect for those winter months, and quick access to both downtown Calgary and the majestic Rocky Mountains—just a short drive away. Whether you're a first-time buyer, downsizer, or investor, this well-kept home offers lifestyle, location, and value in one unbeatable package. Don’t miss your chance to own a slice of Cochrane living! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
-
2414 505 Railway Street W: Cochrane Apartment for sale : MLS®# A2242992
2414 505 Railway Street W Cochrane T4C 2K9
$330,000Residential- Status:
- Active
- MLS® Num:
- A2242992
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 878 sq. ft.
TOP FLOOR | CORNER UNIT | MOUNTAIN VIEWS Welcome to 2414, 505 Railway Street. This two bedroom, TOP floor, CORNER unit is looking for a new owner. Featuring granite counters, a breakfast bar, stainless steel kitchen applainces (Stove and fridge new), stacked laundry, a gas corner fireplace, and a view of the mountains from your balcony. Close to many shopping amenities, the Cochrane Library, transit hub, Cochrane Movie House and so much more! Take a look for yourself and discover why this condo may be perfect for you. Carpets and unit were professionally cleaned. More detailsListed by First Place Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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505 Railway Street W: Cochrane Commercial Land for sale : MLS®# A2173988
505 Railway Street W Cochrane T4C 2K9
$589,000Land- Status:
- Active
- MLS® Num:
- A2173988
This sale is under Part 7 of the Civil Enforcement Act in Alberta. The property is a 4000 square foot lot located behind a national Drug Mart on Railway Street in West Cochrane. The property was part of the condominium complex know as Pointe of View - Cochrane. The lot is currently not in use and is grass covered. Great location for a free standing building as it is located in the heart of Downtown West Cochrane and has a busy strip mall as a neighbour. More detailsListed by RE/MAX Realty Professionals- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
