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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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BANFF PROPERTY FOR SALE
When searching Banff listings click on DETAILS to view information about the listing and click on MORE... to view the property on a map, schedule a showing, email the listing or check affordability on the mortgage calculator. Every effort is made to make it as easy as possible for you to find and learn about Banff houses, condos, and townhouses on AlbertaTownandCountry.com.
Diane Richardson @ 403-397-3706 (call or text) or email Diane@drichrealty.com
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204 113 Cave Avenue: Banff Apartment for sale : MLS®# A2226887
204 113 Cave Avenue Banff Banff T1L 1A0 $579,600Residential- Status:
- Active
- MLS® Num:
- A2226887
- Bathrooms:
- 1
- Floor Area:
- 594 sq. ft.55 m2
Discover the perfect blend of stunning mountain views & natural light in this exceptional studio, located just minutes from Banff Avenue yet quiet & tranquil. With breathtaking vistas of Cascade Mountain & Mount Norquay, this thoughtfully designed home features two walls of expansive windows, seamlessly connecting the indoor space to its serene surroundings. A slate foyer leads into an inviting living area, where a cozy gas fireplace offers warmth & ambiance. The layout includes space for dining or a home office, alongside a well-appointed kitchen. Step onto the private patio to take in more views. Additional features include a full bathroom, in-suite laundry & storage, a huge separate storage room, & underground heated parking. Set within a unique co-operative complex, this residence offers exclusive amenities such as a shared entertainment space with kitchen, a workshop, & a ski/bike tuning room. With the new pedestrian bridge, this prime location is truly one of a kind. More detailsListed by ROYAL LEPAGE SOLUTIONS- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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306 404 WOLF Street: Banff Apartment for sale : MLS®# A2235282
306 404 WOLF Street Banff Banff T1L 1A8 $829,900Residential- Status:
- Active
- MLS® Num:
- A2235282
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,748 sq. ft.162 m2
Welcome Home to this fabulous top-floor condo in the Sunshine Manor complex. Walking distance to downtown, restaurants, transit and the Bow River. With a southwest view and plenty of natural light, this corner two-level unit awaits a new owner. Possession is negotiable. This 1,748 sq ft 2-bedroom unit includes a fantastic owner’s suite on the upper level with a four-piece en-suite bath, a walk-in closet and an additional common space that can serve as an office, a guest room or a den. The main level includes: an upgraded kitchen with stainless steel appliances, a vaulted wood ceiling in the living area with a gas fireplace, and a large balcony overlooking the mountains. It also includes a three-piece bathroom with a steam shower and a large bedroom with a large closet. In-suite laundry, an extra storage area, a two-piece bath and pride of ownership. The unit comes with secure, heated underground parking and storage. Currently, this unit has very easy access for viewing. More detailsListed by Real Estate Professionals Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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14 Antelope Lane: Banff Row/Townhouse for sale : MLS®# A2230449
14 Antelope Lane Banff Banff T1L 1A1 $1,150,000Residential- Status:
- Active
- MLS® Num:
- A2230449
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,116 sq. ft.104 m2
Discover why luxury living in Tatanga Ridge remains unparalleled. With over 2,400 sq.ft. of liveable space, the open floor plan with vaulted ceilings seamlessly integrates the great room, dining, and kitchen areas, creating a warm and inviting home. Breathtaking Bow Valley montain vistas are emphasized via large viewing windows on either end, infusing every corner of the home with natural light. 3 bedrooms, 3 bathrooms, spacious den, loft space, double garage with workshop area and exclusive Tatanga Ridge living located at the end of a no-through road remains one of Banff's most sought after locations. Viewings by appointment only, see remarks. More detailsListed by Dalton Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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140 Kootenay Avenue: Banff Detached for sale : MLS®# A2231289
140 Kootenay Avenue Banff Banff T1L 1E3 $1,790,000Residential- Status:
- Active
- MLS® Num:
- A2231289
- Bedrooms:
- 6
- Bathrooms:
- 3
- Floor Area:
- 1,984 sq. ft.184 m2
Prime Investment Opportunity in Banff - Exceptional Redevelopment Potential. This character home offers a rare combination of potential significant future development and rental income. Situated on a beautifully landscaped corner lot just under 12000 sq. ft. in one of Banff's most sought-after locations can't go unnoticed. The southern exposure affords views of the famous Banff Springs Hotel and the iconic Mt. Rundle. Currently configured as a six-bedroom home with multiple living spaces, a double-attached garage, and a sprawling landscaped yard, this residence provides steady rental potential while plans for redevelopment take shape. Whether you are considering multi-unit residential redevelopment or renovating or building your dream home this property is positioned for strong future value and growth. An unparalleled chance to secure a high-value property in one of Canada's most iconic mountain destinations. Invest now and capitalize on Banff's evolving real estate landscape. More detailsListed by Coldwell Banker Lifestyle- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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404 Otter Street: Banff Detached for sale : MLS®# A2232374
404 Otter Street Banff Banff T1L 1E3 $1,855,000Residential- Status:
- Active
- MLS® Num:
- A2232374
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,209 sq. ft.112 m2
Excellent Development Potential on Large Lot!! This is a character home, centrally located in the RTM-Tunnel Mountain District, on a private expansive 11,238 sq.ft. lot. This is a very unique property with a beautiful yard with views, sun and loads of potential for redevelopment (Duplex Fourplex, up to 8 townhomes or possible apartment housing), along with subdivision opportunities! More detailsListed by RE/MAX Alpine Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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211 Glen Crescent: Banff Detached for sale : MLS®# A2245701
211 Glen Crescent Banff Banff T1L 1A1 $1,895,000Residential- Status:
- Active
- MLS® Num:
- A2245701
- Bedrooms:
- 4
- Bathrooms:
- 5
- Floor Area:
- 2,307 sq. ft.214 m2
Welcome to your dream home nestled in one of Banff’s most desirable neighborhoods, Glen Crescent,—just steps from the serene Bow River, the breathtaking Bow Falls, and the iconic Fairmont Banff Springs Hotel. This exceptional residence blends timeless character with modern comfort, all set against a backdrop of spectacular mountain beauty. Featuring 4 spacious bedrooms (2 primary bedrooms with en-suites) and a suite with revenue potential, this property offers flexibility for extended family living, guests, or additional income. Inside, you’ll enjoy two comfortable living rooms, each warmed by one of three fireplaces, creating inviting spaces to relax and entertain. The centerpiece of the home is a large, open-concept kitchen, complete with a generous granite island—perfect for cooking, gathering, and everyday living. Hardwood floors flow throughout, adding warmth and sophistication to every room. Step outside to a fully fenced, private backyard—a peaceful retreat ideal for outdoor dining, gardening, or quiet reflection. The charming front porch and excellent curb appeal further enhance the welcoming atmosphere of this remarkable home. More detailsListed by RE/MAX KEY- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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412 Cougar Street: Banff Detached for sale : MLS®# A2209880
412 Cougar Street Banff Banff T1L 1A1 $2,300,000Residential- Status:
- Active
- MLS® Num:
- A2209880
- Bedrooms:
- 5
- Bathrooms:
- 4
- Floor Area:
- 2,032 sq. ft.189 m2
This property, situated on a serene Banff street, is a rare investment opportunity. It has been handed down through generations and comprises two separate homes on the site. There is the original home along with a large newer addition offering a sizable legal suite, an illegal basement suite, attached garage, a large workshop and including a new outdoor covered hot tub. With the current layout, the property generates substantial income, and if the existing construction does not meet your requirements, it presents an excellent opportunity for redevelopment. The location is ideal, just two blocks from Banff Ave., and within walking distance of both the Elementary and High Schools. Additionally, the property is ripe for development, with permitted uses for apartment housing, fourplex, multiplex, and more. Discretionary uses include home occupation types 1 &2, duplex and more, making it a versatile investment. More detailsListed by ROYAL LEPAGE SOLUTIONS- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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107 Lougheed Circle: Banff Detached for sale : MLS®# A2218696
107 Lougheed Circle Banff Banff T1L 1B9 $2,499,000Residential- Status:
- Active
- MLS® Num:
- A2218696
- Bedrooms:
- 4
- Bathrooms:
- 6
- Floor Area:
- 3,305 sq. ft.307 m2
Once-in-a-generation opportunity to own a home in one of the world’s most famous national parks. Welcome to Banff, the most beautiful place in Canada to live, work, and play! A luxurious mountain retreat boasting views of Cascade Mountain and only a 5-minute walk from the iconic Fairmont Banff Springs Hotel and town centre. Located on a quiet cul-de-sac on exclusive Lougheed Circle, this 5,600-sq-ft, 4-bedroom home sits on .3 acres and impresses at first glance with a natural river-rock exterior, heated drive way, mature trees, and meticulous landscaping. Artfully designed with European flair, the interior boasts site-finished maple floors, custom spiral stair/wrought iron railing, exquisite mouldings and millwork, river-rock feature walls, sophisticated hardware, Kallista fixtures, five fireplaces, granite countertops, designer lighting, wall treatments, and user-friendly window coverings. Designed for family and entertaining, this home boasts a cozy living room with gas fireplace, formal dining room for those special occasions, chef’s kitchen complete with top-of-line stainless steel Miele and Wolf appliances and a breakfast nook with balcony access where one can enjoy morning coffee with a mountain view. On the main floor, you will also find the luxuriously appointed master retreat with fireplace, dressing room, spa-like ensuite and clawfoot tub. An library/den completes the main floor. Upstairs, you are greeted by an open landing with an additional bedroom and loft space for what could be a gym or office. The walkout lower level offers two more bedrooms with a shared ensuite, steam room, sauna, bar, cedar closet, and family room with fireplace that leads out to a year-round breeze room. Only 1.5 hours from Calgary, Banff offers not only a spectacular location but unrivalled outdoor recreational opportunities, and great food and shopping in the heart of the world's most incredible landscape. More detailsListed by Sotheby's International Realty Canada- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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317 Buffalo Street: Banff Detached for sale : MLS®# A2196576
317 Buffalo Street Banff Banff T1L 1A1 $2,599,000Residential- Status:
- Active
- MLS® Num:
- A2196576
- Bedrooms:
- 8
- Bathrooms:
- 6
- Floor Area:
- 3,554 sq. ft.330 m2
Welcome to one of Banff's most prestigious locations, nestled alongside the Famous Bow River in Downtown Banff, while still boasting picturesque views of Cascade Mountain from the front. This versatile 8-bedroom home featuring a full owner's residence on the main level plus 3 separate lock-off suites for exceptional rental income potential." The main floor unfolds with an open concept floorplan, accentuated by a vaulted ceiling in the main living room, rendering the space bright and inviting. Behind the living room, the kitchen and dining area seamlessly flow, while a sunroom and indoor hot tub beckon just steps away, offering views of the Bow River from the expansive 700 sqft deck. The primary bedroom & ensuite are conveniently located nearby, alongside a second bedroom & bathroom nestled across from the dining area. A spiral staircase off the living room ascends to a beautiful lofted area, framing Cascade Mountain through large north-facing windows. Here, one can savor morning coffee or unwind by the fireplace with a glass of wine in the evening. In total, this home comprises 3 separate units in addition to the primary residence on the main floor. The first unit is a separate 1 bedroom retreat with a cozy bathroom and kitchenette just off the main entrance. Another 2 bedroom unit awaits down the main corridor, boasting its own entrance, kitchenette, bathroom, and living room. Meanwhile, the basement unfolds as a spacious haven, featuring 3 well-appointed bedrooms, a generous living area seamlessly integrated with a kitchenette, a bathroom and sauna, and even a cold storage area. Set on a sprawling 13831 sqft lot, this property boasts an extra large 2-car detached garage, fenced areas located on both sides of the home, ample parking, and green space complementing this amazing Banff residence. More detailsListed by ROYAL LEPAGE SOLUTIONS- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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128 Kootenay Avenue: Banff Detached for sale : MLS®# A2189463
128 Kootenay Avenue Banff Banff T1L 1B8 $3,500,000Residential- Status:
- Active
- MLS® Num:
- A2189463
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 2,584 sq. ft.240 m2
Fabulous possibilities in this Banff property Welcome to Banff, where this classic residence epitomizes Banff's finest district, Kootenay Ave. This unique modernized log home is secluded in the heart of Banff, where privacy and comfort are the norm. It offers extraordinary mountain views and the unparalleled lifestyle of living in beautiful Banff. The rear exterior boasts a 300-square-foot cedar deck with a hand-carved glass panel depicting local flora and fauna on a dimmer switch. This deck overlooks Mt Rundle, currently a B&B, with the possibility of developing this property into three lots. Layout: Main Level Entry with two wings. Lot: Features a Parklike Setting, Private, over 21,600 sq ft. Heating: Natural gas Flooring: Hardwood, carpet, linoleum. Roof: asphalt with solar panels. Parking: Room for five cars Exterior: Feature fencing, Garden, Decks and Barn Interior: Rustic Living Room/ Dining Room & Island Kitchen with a Gas Range, two Island Kitchen Laundry: Main floor Fireplace: Description Wood Burning Amazing possibilities and Pride of Ownership. More detailsListed by Real Estate Professionals Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email