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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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Email: diane@mypadcalgary.com
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Bungalows for sale in Banff Trail Calgary
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2433 25 Avenue NW in Calgary: Banff Trail Detached for sale : MLS®# A2213734
2433 25 Avenue NW Banff Trail Calgary T2M 2C6 $674,900Residential- Status:
- Active
- MLS® Num:
- A2213734
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 1,181 sq. ft.110 m2
*****Attention Investors ***** Excellent opportunity for redevelopment here in Banff Trail. This well loved, one owner, self constructed home is straight out of the 1950's. This 13.7 m x 36.58m south facing backyard property is zoned R-CG which allows for single detached home with a legal basement suite or 2 attached single family homes (attached side by side) with each having a legal basement suite. Purchase to live in or rent it out this 1180sq ft 2 bedroom bungalow until it is time for you to develop the property or purchase and develop right away. The choice is yours. Situated within walking distance of McMahon Stadium, LRT station, University of Calgary and SAIT. It is minutes away from downtown, Foothills and Children's Hospitals, the vibrant University District, Confederation Park Golf Course and Confederation Park. This property offers an unbeatable location. Call your realtor to have a look More detailsListed by Purpose Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2009 22 Avenue NW in Calgary: Banff Trail Detached for sale : MLS®# A2225914
2009 22 Avenue NW Banff Trail Calgary T2M 1S1 $749,900Residential- Status:
- Active
- MLS® Num:
- A2225914
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,156 sq. ft.107 m2
Stylish character home with legal suite in the family friendly community of Banff Trail. Located on a picturesque, tree lined street, this beautifully updated character home offers the perfect blend of charm, comfort, and income potential; ideal for young couples, professionals, or investors. Step inside to discover an open concept layout with rich hardwood floors, a gourmet kitchen with stainless steel appliances, granite countertops, and custom cabinetry that blends maple lowers with sleek contrasting uppers. The formal dining area makes entertaining effortless, while the cozy living room features a gas fireplace to cozy up with a cup of tea and a good book. The main floor boasts a serene primary bedroom retreat with a home office or spacious dressing room and direct access to the sunny south facing backyard and deck where you can enjoy a morning coffee or a work from home setup. A second spacious bedroom adds flexibility for guests. Downstairs, a fully city-registered legal 1-bedroom suite with its own laundry offers excellent rental income, making this home a smart investment. Sitting on a generous 45' x 120' lot with a sun drenched backyard that showcases gorgeous perennials, this home is just steps from the LRT, University of Calgary, SAIT, and all major amenities. Whether you're looking to live stylishly while generating income, or invest in a high demand inner city location, this home checks all the boxes. More detailsListed by RE/MAX House of Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2515 Morley Trail NW in Calgary: Banff Trail Detached for sale : MLS®# A2235156
2515 Morley Trail NW Banff Trail Calgary T2M 4G6 $799,900Residential- Status:
- Active
- MLS® Num:
- A2235156
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,036 sq. ft.96 m2
Situated on a 50’ x 120’ R-CG lot with a sunny south-facing backyard, this 2+1 bedroom home offers strong investor appeal for future infill or multi-residential development. Conveniently located within walking distance to the C-Train, the University of Calgary, several schools, the Confederation Golf Course, and the North Hill Mall. The oversized 22’ x 28’ garage is insulated, which is ideal for year-round use. Upgrades include newer shingles, an updated electrical panel, and almost all windows have been replaced; the furnace and hot water tank have also been replaced. The kitchen features quartz countertops and a stainless steel appliance package. Both bathrooms have been upgraded, with the main featuring tile floors, quartz counter top, a soaker tub, with rain shower. The home also includes a fully legal 1-bedroom basement suite, offering excellent income potential or additional living space. More detailsListed by RE/MAX Real Estate (Mountain View)- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2111 Halifax Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2211175
2111 Halifax Crescent NW Banff Trail Calgary T2M 4C8 $838,000Residential- Status:
- Active
- MLS® Num:
- A2211175
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,177 sq. ft.109 m2
Here is a great opportunity to own this rare oversized inner city lot in a highly sought-after community of Banff Trail. Situated inside a quiet street on a 56’ x 120’ flat rectangular shaped lot with back-laned access, this home backs onto a strip of green space and is within walking distance to the University of Calgary, SAIT, McMahon Stadium, and Foothills Medical Centre. With the City’s recent blanket rezoning, the potential for re-development on this property is endless. The home features a 1950’s style bungalow with 2 bedrooms and a bath on the main floor, and 2 bedrooms and a bath in the basement. The basement has a self contained unit (illegally suited) with a separate back entrance and a shared laundry facility in the utility room. The house has always been tenant-occupied. Please contact your realtor to book a viewing today! More detailsListed by Real Estate Professionals Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2211 Halifax Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2242702
2211 Halifax Crescent NW Banff Trail Calgary T2M 4E1 $880,000Residential- Status:
- Active
- MLS® Num:
- A2242702
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,014 sq. ft.94 m2
Charming Banff Trail Bungalow with Incredible Opportunities Await! This exceptional bungalow nestled in the highly sought after community of Banff Trail, offers some amazing opportunities in one remarkable property. Located just minutes from the University of Calgary and downtown, this home places you in the heart of convenience with great schools, parks, and shopping all within reach. The cherry on top? A short, pleasant walk connects you directly to the C-Train, making your daily commute effortless. This home is move in ready and has been lovingly maintained and thoughtfully updated throughout the years, offering you the rare opportunity to simply move in and start creating memories from day one. The main level welcomes you with a spacious living room that flows seamlessly into the dining area, perfect for both intimate family dinners and entertaining guests. The kitchen is a true highlight, featuring abundant prep space. Even the most mundane household tasks become more pleasant here, imagine doing dishes while gazing out the large windows that frame beautiful views of your private backyard. The main level thoughtfully accommodates your lifestyle with one full bathroom and two generously sized bedrooms. These versatile spaces adapt perfectly to your needs, whether you're housing a growing family, need a dedicated home office, or welcoming overnight guests. The basement reveals another exciting opportunity that savvy buyers will immediately recognize. Currently housing a suite that, with some strategic improvements and City approvals, could be transformed into a legal rental unit generating substantial additional income. Picture the mortgage helping potential once this space meets legal standards, it's like having a built in investment property that works for you every month. This opportunity alone could significantly offset your carrying costs while building long term wealth. Parking and storage concerns become a thing of the past with not one, but two detached garages. The oversized double detached garage comes equipped with heating, ensuring year round comfort whether you're working on projects, storing vehicles, or simply organizing your belongings. The additional single detached garage provides even more versatility for storage, workshops, or seasonal items. Despite these substantial outbuildings, the property still offers impressive yard space, giving you room to breathe, play, and enjoy outdoor living. For the visionary buyer, this property presents perhaps its most exciting opportunity, the chance to dream big and build your custom home on this amazing lot. The generous lot size and prime Banff Trail location create the perfect canvas for architectural dreams. Imagine designing and constructing your ideal family home in this established, mature neighbourhood. This isn't just a real estate transaction, it's your gateway to multiple pathways forward. More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2428 25 Avenue NW in Calgary: Banff Trail Detached for sale : MLS®# A2222086
2428 25 Avenue NW Banff Trail Calgary T2M 2C5 $959,000Residential- Status:
- Active
- MLS® Num:
- A2222086
- Bedrooms:
- 6
- Bathrooms:
- 4
- Floor Area:
- 1,343 sq. ft.125 m2
Attention Investors! Sitting on a generous 50’ x 120’ lot, this spacious and well-maintained bungalow offers approx. 2,700 sq ft of developed living space in one of Calgary’s most desirable inner-city communities. Perfectly positioned near key amenities—including the University of Calgary, Banff Trail and William Aberhart Schools, Confederation Park, Foothills Hospital, and the Alberta Children’s Hospital—this property is also just steps from the LRT, making commuting a breeze. The main level features 3 bright bedrooms and 2 full bathrooms, with hardwood and tile flooring throughout. Enjoy a generous open-concept living and dining area, a private deck, and the convenience of an attached single garage. The fully developed lower-level suite with separate entrance, offers 3 additional bedrooms, 2 bathrooms, a large family room, and shared laundry with two full sets of washers and dryers—perfect for tenants or multi-generational living. The large backyard includes additional rear parking stalls, a spacious storage shed, and room to entertain or garden. The basement suite was developed in 2008 with separate furnaces, separate meters, acoustic batt insulation to dampen noise between units, and updated windows. Work is being performed to legalize the unit. Roof is approx. 10 years old, and attic insulation and ventilation was recently upgraded. Whether you're looking to live up and rent down, or capitalize on strong rental demand and lease both units, this property offers versatility and long-term value. With numerous new developments in the area, seize your opportunity to invest in this high-growth pocket of Calgary. More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
-
2219 Halifax Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2233489
2219 Halifax Crescent NW Banff Trail Calgary T2M 4E1 $980,000Residential- Status:
- Active
- MLS® Num:
- A2233489
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,436 sq. ft.133 m2
Welcome to this BEAUTIFULLY SPACIOUS BUNGALOW in the heart of BANFF TRAIL, set on an OVERSIZED 60 FT FRONTAGE LOT WITH AN IRREGULAR DEPTH OF 105 FT& 120 FT. Situated on a QUIET STREET and just ONE BLOCK FROM THE BANFF TRAIL LRT, this inner-city gem offers OVER 1,400 SQ FT ABOVE GRADE and a perfect blend of comfort and potential. Inside, you’ll find a BRIGHT, OPEN LIVING SPACE with LARGE WINDOWS, a DEDICATED DINING AREA, and a WELL-LAID-OUT KITCHEN ready for your personal touch. Enjoy year-round comfort with CENTRAL AIR CONDITIONING. The main floor features THREE GENEROUSLY SIZED BEDROOMS and a STYLISH 5-PIECE BATHROOM WITH DUAL VANITY. The WALK-UP BASEMENT WITH SEPARATE ENTRANCE includes a FOURTH BEDROOM, FULL BATH, and FLEXIBLE SPACE FOR FUTURE DEVELOPMENT. Outside, enjoy a RARE OVERSIZED DOUBLE GARAGE WITH A DRIVE-THRU DESIGN—providing convenient access from both the front driveway and rear lane. Plus, the LONG FRONT DRIVEWAY can accommodate UP TO THREE ADDITIONAL VEHICLES. Just minutes from the UNIVERSITY OF CALGARY, TRANSIT, PARKS, and AMENITIES, this home offers SPACE, CHARACTER, and LONG-TERM POTENTIAL in a PRIME LOCATION! More detailsListed by 2% Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2140 Halifax Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2244819
2140 Halifax Crescent NW Banff Trail Calgary T2M 4C7 $1,149,000Residential- Status:
- Active
- MLS® Num:
- A2244819
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,300 sq. ft.121 m2
Attention Developers & Investors! Prime 66’ x 128’ R-CG CORNER lot in the heart of Banff Trail—ideal for townhomes or multi-family. This rare street-end parcel features a well-kept 5-bed, 3-bath bungalow with nearly 2,500 sq ft of developed space, single detached garage, and large deck. Hold, rent, or redevelop—options abound! Located steps from U of C, Foothills Hospital, French Immersion schools, Market Mall, LRT, and McMahon Stadium. A standout opportunity in a thriving inner-city community with major redevelopment momentum. More detailsListed by Royal LePage Blue Sky- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email