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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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Varsity Calgary Homes for Sale 3 bedrooms or more
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16 803 Varsity Estates Drive NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2236506
16 803 Varsity Estates Drive NW Varsity Calgary T3A 6A4 $459,900Residential- Status:
- Active
- MLS® Num:
- A2236506
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,161 sq. ft.108 m2
Open House Sat Aug 2 from 2-4pm. Experience the best of Varsity Estates living in this pristine 3-bedroom townhouse backing onto mature trees and a green space. Located in one of the area's most affordable complexes, this property offers incredible value. Solid owner management has made a remarkably low condo fee of just $200 per month possible. Units within this complex very rarely come on the market. This home shines with a bright, spacious layout, including a generous living room with oversized windows and a cosy wood-burning fireplace. The updated kitchen is equipped with newer upgraded appliances and countertops, a dedicated eating area, and ample cabinetry. Conveniently located off the kitchen is a 2-piece bathroom. The attached garage leads into a private foyer (perfect for coats and shoes) before you enter the main house. The upper level boasts three comfortable bedrooms, one of which offers direct access to a private rooftop deck—an ideal space for catching some sun. A fully renovated 4-piece bathroom, featuring a new tub, flooring, countertops, and toilet, provides a modern touch. Significant investments have been made, a high-efficiency furnace, hot water tank, select windows, LiftMaster garage opener, upgraded countertops throughout, and fresh paint. The unfinished basement offers a blank canvas for your future development dreams. The location is truly exceptional. Enjoy a quick five-minute walk to the Dalhousie LRT Station and easy access to Market Mall, Foothills Hospital, Children's Hospital, Safeway, University of Calgary, and popular coffee shops. Explore walking and biking paths right outside your door, and benefit from numerous shopping centres within a few minutes drive. This is a quiet, established complex offering unparalleled convenience. Zoned M-C1, this property also presents excellent potential for future redevelopment. Don't miss this opportunity to own an upgraded home with both immediate comfort and long-term value. More detailsListed by RE/MAX Complete Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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41 3302 50 Street NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2226849
41 3302 50 Street NW Varsity Calgary T3A 2C6 $509,500Residential- Status:
- Active
- MLS® Num:
- A2226849
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,485 sq. ft.138 m2
This Townhouse is in great condition numerous up-grades in the past 2 years. New flooring, New Furnace and Hot Water Tank Developed Lower Level.New High-End toilets through out. Changed the en-suite bath from a 2 pec to a 3 pec with a good size shower.Wood burning Fire Place in the East facing Living & Dinning Room Combo with a Balcony.Large Kitchen and eating area facing west to an enclosed deck and patio.Very private for the Family Bar B Qs. Location,Location Across from Market Mall and close to All Levels of Schools including walking distance to the University and the LRT. RMS Package, Virtual Tour More detailsListed by G.M. Bain Real Estate Services Ltd.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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54 1815 Varsity Estates Drive NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2229033
54 1815 Varsity Estates Drive NW Varsity Calgary T3B 3Y7 OPEN HOUSE: Aug 09, 202501:00 PM - 03:00 PM MDTOpen House on Saturday, August 9, 2025 1:00PM - 3:00PMOPEN HOUSE: Aug 10, 202501:00 PM - 03:00 PM MDTOpen House on Sunday, August 10, 2025 1:00PM - 3:00PM$699,000Residential- Status:
- Active
- MLS® Num:
- A2229033
- Bedrooms:
- 3
- Bathrooms:
- 4
- Floor Area:
- 1,830 sq. ft.170 m2
PRICED TO SELL !!!Open House August 9 @ 1-3 pm , Aug 10 and 4th @ 1:00 - 3:00 pm ....Freshly Painted! Welcome to this charming townhouse in the sought-after Varsity neighborhood of Calgary! This well-maintained home featuring 1 bedroom on a main floor{ currently family room) , spacious 2 pc bathroom , that is easily can be converted back in to a 3 pc, by adding a shower or a tub . The main floor features a bright living room with a wood fireplace with a gas starter that has been inspected and works well, a formal dining area, and a fully equipped kitchen, perfect for both everyday living and entertaining. Upstairs, you'll find two generous-sized bedrooms, along with a full ensuite bathroom in the primary bedroom. The fully finished basement provides additional space, including a large game room, an extra bedroom, a den, and a 3-piece bathroom. Step outside to enjoy a private yard and a double-attached garage. The complex is ideally located just steps away from a golf course, providing picturesque views and outdoor recreation right at your doorstep. Plus, you’ll appreciate being close to schools, parks, shopping, and other local amenities. As a resident of this well-managed condo complex, you’ll also have access to fantastic amenities, including an indoor pool, hot tub, fitness center, racquet court, pickle ball court, party room and visitor parking. This home is a perfect blend of comfort, convenience, and location. Don’t miss out! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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4932 Vanguard Road NW in Calgary: Varsity Detached for sale : MLS®# A2231762
4932 Vanguard Road NW Varsity Calgary T3A 0R7 $699,990Residential- Status:
- Active
- MLS® Num:
- A2231762
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,113 sq. ft.103 m2
Welcome to the prestigious community of Varsity, where this beautifully updated bungalow sits on a quiet street, just steps from countless amenities. With 5 bedrooms and 2 full bathrooms, this home offers appeal for families, professionals, or savvy investors. Step inside to a bright, open-concept layout filled with natural light, featuring a large living/family room with an impressive bay window. The renovated kitchen boasts sleek white cabinetry, quartz countertops, a huge apron farmhouse sink, stainless steel appliances, a tile backsplash, and a charming boxed-out bay window over the sink. Enjoy both a formal dining area and a cozy breakfast nook—ideal for entertaining or everyday living. The main floor includes 3 spacious bedrooms and a beautifully renovated bathroom with a tiled stand-up shower and modern lighting. The lower level is fully developed with a generous family room, additional den, two more bedrooms, a large soaker tub in the second 4-piece bathroom, a laundry area and ample storage.Notable upgrades include new flooring throughout most of the home, fresh paint, a newer roof, 50-gallon water heater (2015), and updated eavestroughs, soffits, fascia, and downspouts (2022). The low maintenance landscaped front yard and fully fenced, south-facing backyard offer privacy and sunshine. A bonus oversized double detached garage—partially insulated and drywalled—adds incredible value, with paved alley access. This is a move-in ready opportunity in one of Calgary’s most desirable communities. Don’t miss your chance to call Varsity home! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5007 Vallance Crescent NW in Calgary: Varsity Detached for sale : MLS®# A2241835
5007 Vallance Crescent NW Varsity Calgary T3A 0T7 $719,000Residential- Status:
- Active
- MLS® Num:
- A2241835
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,228 sq. ft.114 m2
OPEN HOUSE SUNDAY August 3rd 2-4pm! Prime Opportunity in Varsity Acres - Priced for IMMEDIATE ACTION at $719,000!! Welcome to this well-maintained and thoughtfully updated bungalow located in one of Calgary's most sought-after neighbourhoods - Varsity Acres. This home has had just three owners since it was built, reflecting a long history of pride and care. Perfectly situated on a quiet street, inside a school zone, you're just steps away from top-rated schools, transit, Market Mall, the University of Calgary, and Foothills Hospital. This is a rare opportunity to secure location, lifestyle, and long-term potential all in one package. Key Features: Over 1,200sqft on the main floor, BEAUTIFULLY RENOVATED main bathroom, UPDATED kitchen with newer cabinetry and appliances, ORIGINAL HARDWOOD FLOORS with timeless character. Three spacious main-floor bedrooms, FULLY FINISHED BASEMENT with a large bedroom next to a bathroom, plus plenty of room for a sectional, TV area, and bar setup - ideal for relaxing or entertaining. Outdoor Highlights: SUNNY, WEST-FACING BACKYARD for afternoon light and evening enjoyment. Large, functional deck - perfect for summer BBQs. EXTRA-LARGE DOUBLE DETACHED GARAGE with ample storage, and workshop space. Bonus space beside the garage offers potential for an additional parking pad - great for a third vehicle, RV, or trailer. Bonus Value: Priced well below the 2024 City of Calgary assessed value of $823,000. Listing price reflects the home's current condition, including an aging roof, original windows and doors, and a weathered, but fully usable deck. Pre-inspection report available - offering transparency and peace of mind for prospective buyers. While some features remain original, the home is structurally sound and provides the perfect canvas to upgrade and build equity over time. Classic mid-century design, lovingly maintained - with important updates already done, including the kitchen and main bathroom. RARE OPPORTUNITY to get into Varsity Acres on a full-sized lot at this price, in a quiet and mature location. If you're looking for a Varsity bungalow with excellent fundamentals, modern touches, and real investment potential, this is the one. IMMEDIATE POSSESSION AVAILABLE. Book your private showing today - homes like this don't last long in Varsity Acres. More detailsListed by MaxWell Canyon Creek- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5122 48 Street NW in Calgary: Varsity Detached for sale : MLS®# A2238851
5122 48 Street NW Varsity Calgary T3A 0S9 $739,999Residential- Status:
- Active
- MLS® Num:
- A2238851
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,118 sq. ft.104 m2
Fantastic Investment Opportunity in Sought-After Varsity! Opportunity knocks in Varsity! A timeless NW gem known for its top schools, green spaces and unbeatable convenience! This Charming 5-Bedroom, 2-Bath Bungalow offers over 2,000 sqft of developed living space in one of Calgary’s most desirable communities. Whether seeking a solid investment property or a flexible home with income potential, this versatile bungalow fits the bill. The main floor features 3 bedrooms, a full 4-piece bath, a spacious Living room, and a Kitchen with a center island, granite countertops, and an eating bar, perfect for family meals or entertaining. The fully finished basement has a separate entrance, 2 additional bedrooms, a 3-piece bath, and a generous living area, ideal for tenants, guests, or extended family. Outside, enjoy a landscaped and fenced backyard with back lane access and a concrete pad that can accommodate an RV if needed, along with mature trees, a single detached garage, and a cozy front porch to enjoy while sipping your morning coffee. Located in Varsity, you're minutes from the University of Calgary, shopping, transit, and top-rated schools, making this an excellent choice for both homeowners and investors. Live upstairs and rent the basement, or rent both levels for strong cash flow potential. This is an unbeatable location with serious upside. Don’t miss your chance to own in Varsity, this opportunity won’t last! More detailsListed by Jessica Chan Real Estate & Management Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5003 Vantage Crescent NW in Calgary: Varsity Detached for sale : MLS®# A2241129
5003 Vantage Crescent NW Varsity Calgary T3A 1X6 $749,900Residential- Status:
- Active
- MLS® Num:
- A2241129
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,211 sq. ft.112 m2
Welcome to this move-in ready, single-level gem located on a quiet crescent in the highly sought-after community of Varsity. Lovingly cared for by long-time owners, this home blends timeless charm with thoughtful modern updates. Recent improvements—including a newer furnace, windows, and roof—offer peace of mind and enhanced energy efficiency for years to come. Inside, you’ll find a spacious layout featuring four generously sized bedrooms and two full bathrooms, ideal for families of all sizes or multigenerational living. A separate entrance to the fully finished basement provides flexibility for a home office, guest suite, or future secondary suite (subject to City approval). Step outside to enjoy a large, beautifully landscaped yard with mature trees and full fencing—perfect for kids, pets, and outdoor entertaining. The oversized double detached garage adds even more value with ample space for parking and storage. This unbeatable location puts you close to top-rated schools including F.E. Osborne, Marion Carson (Mandarin Immersion), and St. Vincent de Paul. You'll also enjoy quick access to Market Mall, the University of Calgary, University District, and Bowmont Park. Families will appreciate the nearby Alberta Children’s Hospital, and commuters will love being minutes from the Brentwood C-Train Station. With its prime location, functional layout, and well-maintained condition, this Varsity home is a rare and exceptional opportunity. More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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4816 Verona Drive NW in Calgary: Varsity Detached for sale : MLS®# A2239294
4816 Verona Drive NW Varsity Calgary T3A 0P4 $750,000Residential- Status:
- Active
- MLS® Num:
- A2239294
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,004 sq. ft.93 m2
Welcome to this beautifully updated bungalow in the highly sought-after community of Varsity! Offering 1,004 sq ft above grade plus nearly 1,000 sq ft of developed basement space, this home is full of functional charm and versatile living options. Step inside to discover a bright and airy main level with large updated windows and doors, updated flooring, and a welcoming living area that flows seamlessly into the dining room and modernized kitchen. The kitchen shines with sleek white ceiling height custom cabinetry, stainless steel appliances, and a large window over the sink that frames stunning views of the beautifully landscaped south backyard. This level also boasts three good-sized bedrooms and a refreshed 4-piece bathroom, offering practical and comfortable family living. The fully developed basement nearly doubles your living space and offers incredible versatility. Here, you'll find a cozy family room, a private and spacious bedroom with walk-in closet, a stylish 3-piece bathroom, and a dedicated office area that’s perfect for working from home. The fun flex space makes an ideal spot for a home theater or hobby room, while the functional laundry room includes extra storage options for convenience. This home comes with several impactful updates, including a new hot water tank installed in 2024, a new electrical panel, all new windows and exterior doors and a built-in vacuum system to make everyday life easier. Additionally, the house and garage have both had new shingles, soffits, eavestroughs and downspouts recently replaced, ensuring added peace of mind for many years to come. Step outside to enjoy a private, fully fenced backyard oasis designed for relaxation and entertainment. The gorgeous wood deck, lush landscaping made up of glorious perennials, trees and string lighting offers the perfect ambiance for gatherings, while the detached double garage with lane access provides secure parking and storage. Voted one of Calgary's best neighborhoods, Varsity is cherished for its tree-lined streets, excellent schools, and unbeatable location. You'll be just minutes away from the University of Calgary, Market Mall, Foothills and Children’s Hospitals, and the Brentwood LRT station. The area boasts an abundance of green space, walking trails, and family-friendly parks, perfectly balancing city convenience with suburban charm. This stunning bungalow offers the perfect blend of modern updates, lifestyle-friendly features, and a prime location. Don’t miss your chance to make it yours—schedule a showing today! More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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4536 Vandergrift Crescent NW in Calgary: Varsity Detached for sale : MLS®# A2244554
4536 Vandergrift Crescent NW Varsity Calgary T3A 0J1 $774,900Residential- Status:
- Active
- MLS® Num:
- A2244554
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,120 sq. ft.104 m2
Welcome to a well located 4 level split in the heart of east Varsity Acres. This well cared for property is in close proximity to Varsity Acres school (Elementary) and a junior high French immersion school. Home is situated on a quiet street and is walking distance to Shaganappi Plaza and Market Mall. The main floor has a large kitchen and spacious living room. The kitchen was updated in 2018 with newer cabinets and new appliances. The windows on the main and upper level along with the roof on the home and detached garage were also replaced in 2018. There is access off the kitchen to a large deck that is covered with a gazebo and an awning. The yard faces east and has lots of depth for kids to play. There is a walk up entry from the rear that provides access to the 3rd level and there is an oversized (24x24ft) detached garage along with an 8 ft apron to park another vehicle. The upper level of the home has 3 bedrooms and a 4 piece bathroom. The 3rd level (lower) has a large living room with a gas fireplace. There is a 3 piece bathroom and a bedroom for guests. The 4 level has a spacious rec room that has options for use. The laundry and mechanical room are also on this level. Don't miss this well cared for property. Book your showing today! More detailsListed by RE/MAX Real Estate (Mountain View)- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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4924 40 Avenue NW in Calgary: Varsity Detached for sale : MLS®# A2228581
4924 40 Avenue NW Varsity Calgary T3A 2P1 $850,000Residential- Status:
- Active
- MLS® Num:
- A2228581
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,085 sq. ft.101 m2
Spacious 5-Bedroom Home with Shop, Greenhouse & Investment Potential Discover this well-maintained 5-bedroom property offering both comfort and opportunity. This bi-level has been updated with a newer High Efficiency Furnace, a/c, newer windows, shingles, siding. Featuring beautiful hardwood floors throughout, this home exudes warmth and charm while boasting modern convenience with newer appliances and thoughtful updates. A standout feature is the versatile extra shop/office space—perfect for a home business, creative studio, or private workspace. Outdoors, greenhouses provide a fantastic setup for gardening enthusiasts and a metal gazebo on the patio provides a welcoming place to just sit and relax. Located close to all amenities, including shopping, schools, transit, and parks, this property combines everyday convenience with long-term potential. Whether you're looking to settle in, run a home-based business, or invest in a growing area, this property checks all the boxes. Don't miss this unique opportunity—schedule your private showing today! More detailsListed by First Place Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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8 Varsity Estates Gardens NW in Calgary: Varsity Detached for sale : MLS®# A2237333
8 Varsity Estates Gardens NW Varsity Calgary T3A 5M9 $857,500Residential- Status:
- Active
- MLS® Num:
- A2237333
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 2,164 sq. ft.201 m2
Welcome to 8 Varsity Estates Gardens NW—an exceptionally maintained, elegantly upgraded two-storey home tucked away in an exclusive cul-de-sac in Calgary’s prestigious Varsity Estates. With over 2,160 sq ft of refined living space, this 4-bedroom, 3.5-bathroom residence blends classic design with upscale finishes throughout. Soaring vaulted ceilings and expansive windows create a bright, airy feel anchored by a gas fireplace and rich architectural detailing. The gourmet kitchen is both stylish and functional, featuring granite countertops, stainless steel appliances, custom cabinetry, and a sun-drenched dining nook overlooking the manicured backyard. Recent upgrades elevate the home’s appeal, including full poly-B plumbing replacement (2022), professional interior painting throughout (last 1–3 years), new south-facing windows with custom shades, designer wall paneling, and a 2025-installed garburator. The garage has been refreshed with new paint, serviced with new springs and cables, and is backed by a current warranty. Upstairs, the spacious primary suite is a serene retreat with a walk-in closet, a professionally upholstered window bench, and a thoughtfully added barn door for a modern touch. The basement offers a generous rec room, an additional bedroom, a renovated full bathroom (2023), and flexible space for future expansion or customization. Surrounded by mature trees and ideally located near Calgary’s top schools, Market Mall, Silver Springs Golf & Country Club, and the University of Calgary—this is Varsity luxury living at its finest. More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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4928 40 Avenue NW in Calgary: Varsity Detached for sale : MLS®# A2228583
4928 40 Avenue NW Varsity Calgary T3A 0X2 $865,900Residential- Status:
- Active
- MLS® Num:
- A2228583
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,085 sq. ft.101 m2
Stylishly Updated 4-Bedroom Bi-Level with Double Garage & Prime Location Welcome to this beautifully updated 4-bedroom bi-level home, perfectly situated near all essential amenities, public transportation, the university, and major hospitals. Ideal for families, professionals, or investors, this property offers both comfort and convenience in a sought-after neighborhood. Step inside to a bright and modern interior featuring tasteful updates throughout. The home boasts newer windows, siding, and shingles, high efficiency furnace, ensuring energy efficiency and long-term peace of mind. The spacious layout offers a functional blend of open living and private space, ideal for today’s lifestyle. Outdoors, enjoy a fully fenced yard with a lot measuring 50 ft x 120 ft, featuring a lovely garden, a patio for entertaining, and a double garage with ample storage and parking. Whether you're looking to settle in or invest in a high-demand area, this move-in-ready home checks every box. Rare Opportunity with an AMAZING location in the desirable community of VARSITY. A must-see—book your private showing today! More detailsListed by First Place Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email