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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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Phone: 403.397.3706
Email: diane@mypadcalgary.com
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Homes for Sale in Arbour Lake NW Calgary $700,000-$999,999
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21 Arbour Ridge Park NW in Calgary: Arbour Lake Detached for sale : MLS®# A2245374
21 Arbour Ridge Park NW Arbour Lake Calgary T2G 4C4 $749,500Residential- Status:
- Active
- MLS® Num:
- A2245374
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,975 sq. ft.183 m2
Modifications to this home include a series of three staircases all professionally equipped with quality ‘Stair Chairs’ to accommodate any family that may include a member with compromised mobility issues. The home could not be more ideally located being adjacent to pathways and also no immediate neighbouring houses on either the north or east side. Enjoy a family barbecue on the modern spacious back deck which overlooks a children’s play area just outside the fenced back yard. The kitchen with large island, corner pantry, quartz countertops and an abundance of cupboards, and counter space, also includes an eating area and corner office. The separate formal dining room comfortably accommodates a table for six along with room for a buffet. The vaulted ceiling of the second floor bonus room delivers an abundance of natural light year round. The corner gas burning mantle fireplace will keep you cozy on those chilly winter nights. Three bedrooms up along with a four piece washroom complete with the washer/dryer pair. The massive primary easily fits a King size bed with room to spare. The spacious four piece ensuite has a corner shower, large soaker tub along with access to your walk in closet. Other features you will appreciate include central air, Vacuflo, and located on a quiet non flow though street. Note there are no wheelchair ramps on either entrance but could be installed if needed. The basement is undeveloped but has the necessary plumbing to install a basement washroom. This serene and quiet location is a huge plus. Arbour Lake is coveted and highly regarded community with mature trees and green spaces. You’ll find a rare peaceful tranquility not found in too many city homes. See for yourself. Enjoy where you live. Call your agent and book a showing today. More detailsListed by Royal LePage Benchmark- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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240 Arbour Ridge Way NW in Calgary: Arbour Lake Detached for sale : MLS®# A2235080
240 Arbour Ridge Way NW Arbour Lake Calgary T3G 3V8 $749,900Residential- Status:
- Active
- MLS® Num:
- A2235080
- Bedrooms:
- 6
- Bathrooms:
- 4
- Floor Area:
- 2,174 sq. ft.202 m2
Welcome to this spacious and well-maintained 2 storey detached home with over 3,000 sq.ft. of developed living space, located in the highly sought-after lake community of Arbour Lake. The east-facing front is framed by mature trees and a charming covered front porch, creating a warm and welcoming impression. Inside, you're greeted by a soaring 2-storey ceiling in the front Living room, filled with natural light from large windows. The main level features gleaming hardwood flooring throughout and was freshly painted in 2025. A formal Dining room (or flexible office space) sits next to the bright Kitchen, which features a central island, ample cabinetry, a pantry, and a new fridge (2024). The adjacent Family room includes a gas fireplace, perfect for cozy evenings, and the breakfast nook offers additional dining space. Going upstairs, the Primary bedroom retreat includes a walk-in closet and a 4-piece ensuite with jetted tub and separate shower. Three additional bright and well-sized bedrooms, along with a renovated main bath (2024), complete the upper floor. The fully finished basement offers fantastic versatility, with two additional bedrooms, one connected to a 3-piece bathroom via a cheater door, and a spacious recreation and a bar area with cabinets. Enjoy the fully fenced and landscaped backyard, complete with a deck, brick patio, apple trees, and a storage shed—ideal for relaxing or entertaining outdoors. Other notable updates include a hot water tank (2019), kitchen cabinet refresh (2023), basement renovation (2022), and complete repiping (2025) with no Poly-B plumbing. Enjoy year-round lake access with activities like swimming, paddleboarding, fishing, and skating. Walkable to all levels of schools, YMCA, Library, daycare, and just minutes to Crowfoot LRT, Costco, T&T, and more. Quick access to Stoney Trail, John Laurie Blvd, and Country Hills Blvd. A wonderful opportunity to own a spacious home in one of NW Calgary’s most desirable communities—book your private showing today! More detailsListed by Jessica Chan Real Estate & Management Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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80 Arbour Crest Terrace NW in Calgary: Arbour Lake Detached for sale : MLS®# A2239980
80 Arbour Crest Terrace NW Arbour Lake Calgary T3G 4S2 $750,000Residential- Status:
- Active
- MLS® Num:
- A2239980
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 2,009 sq. ft.187 m2
Welcome to this beautifully maintained home, perfectly nestled in a quiet, family-friendly community. From the moment you arrive, you’ll feel the warmth and openness of the space, highlighted by a stunning two-storey cathedral ceiling and a striking Palladian window that floods the living room with natural light. The open-concept kitchen features stainless steel appliances and flows effortlessly into a bright dining area surrounded by windows, offering serene views of the green space behind—no neighbors for added privacy! Double French doors open to a cozy main floor den, and a versatile flex room off the foyer provides even more options for your lifestyle. Upstairs, the spacious primary suite is your private retreat, complete with a vaulted ceiling and a full ensuite featuring a relaxing corner soaker tub. Central air conditioning ensures year-round comfort. This move-in ready home comes with numerous updates, including new luxury vinyl plank flooring, fresh professional paint, all-new LED lighting, serviced furnace and ducts, a professionally cleaned fireplace, and complete interior and exterior cleaning. Additional upgrades include new showerheads, a backyard gate, GFCI outlets, Decora wall switches, and refreshed bathroom fixtures. A Samsung large-capacity washer and dryer round out the modern conveniences. Located near Arbour Lake and within walking distance to schools, parks, and amenities, this home is truly ready for you—just move in and make it yours! More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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207 Arbour Butte Road NW in Calgary: Arbour Lake Detached for sale : MLS®# A2238675
207 Arbour Butte Road NW Arbour Lake Calgary T3G 4L7 $810,888Residential- Status:
- Active
- MLS® Num:
- A2238675
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,357 sq. ft.126 m2
FINALLY, THIS COULD BE THE ONE! Discover this stunning bungalow in the sought-after lake community of Arbour Lake. With over 2,500+ sq.ft. of beautifully developed living space, this home is sure to impress. Perched at the top of a hill on an END LOT with no neighbours to the north, it offers a flat backyard, paved alley access with possible RV parking if the fence was opened and beautiful views of all the mature trees nearby. From the moment you arrive, you’ll notice the eye-catching stone facade and inviting curb appeal. Inside, the main floor features rich hardwood floors, soaring vaulted ceilings, and large windows that flood the home with natural light. The spacious flex room is perfect for a home office, cozy sitting area, or elegant formal dining space if needed. The renovated kitchen is a showstopper, boasting solid maple cabinetry, quartz countertops, subway tile backsplash, a large island with built-ins, and a generous corner pantry. The bright breakfast nook and welcoming living room offer plenty of space for family gatherings and entertaining. The primary bedroom is simply amazing with its large footprint, soaring vaulted ceilings, stunning ensuite, extra windows (end lot) and walk-in closet. Down the hall you’ll find an additional bedroom, 4 pc main bath and laundry area. Step outside to your WEST FACING backyard with a newer composite deck, glass-inset railings, and a BBQ gas line, the perfect place to unwind while enjoying views of the playground, greenbelt, and mature trees. The expansive lower level features a large bedroom and a massive REC area complete with a built-in gym space and mirrors. There’s ample room to add one or even two more bedrooms, plus a third bathroom with existing rough-in. A huge storage room keeps everything neatly organized, separate from the utility area. Major updates include complete Poly-B replacement in 2025 and shingles installed around 2016. This home is spotless, move-in ready, and waiting for its next owners to enjoy. Located just 20 minutes to downtown Calgary or the YYC airport and about an hour from Banff national park, this vibrant lake community offers year-round activities including fishing, beach days, tennis, ice skating, and more. You’re also moments from Crowfoot shopping centre, multiple schools, and endless amenities. Don’t miss this rare opportunity to own a beautifully renovated bungalow in picturesque Arbour Lake, book your showing today. VIRTUAL TOUR AVAILABLE! More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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146 Arbour Lake Rise NW in Calgary: Arbour Lake Detached for sale : MLS®# A2217700
146 Arbour Lake Rise NW Arbour Lake Calgary T3G 0G9 $925,000Residential- Status:
- Active
- MLS® Num:
- A2217700
- Bedrooms:
- 5
- Bathrooms:
- 4
- Floor Area:
- 2,047 sq. ft.190 m2
Stunning Home for Sale in the Prestigious Community of Arbour Lake! Welcome to this beautifully designed, move-in ready home featuring modern finishes and exceptional comfort. With 5 spacious bedrooms, 3.5 bathrooms, bonus room, a double attached garage, a fully finished basement with bedroom and a complete bathroom, plus a generous backyard, this home offers space and style for the whole family. Worried about those hot summer days? This home comes equipped with central air conditioning for your year-round comfort. Location is everything—and this home has it all. Just a 5-minute walk to the Crowfoot C-Train Station, 5 minutes from the Arbour lake, and only two stops from the University of Calgary. You’ll also enjoy quick access to Stoney Trail, shopping centers, schools, SAIT, and so much more. Don’t miss your chance to own this incredible home—it won’t be on the market for long! More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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222 Arbour Lake View NW in Calgary: Arbour Lake Detached for sale : MLS®# A2225728
222 Arbour Lake View NW Arbour Lake Calgary T3G 0H3 $949,900Residential- Status:
- Active
- MLS® Num:
- A2225728
- Bedrooms:
- 5
- Bathrooms:
- 4
- Floor Area:
- 2,339 sq. ft.217 m2
Welcome to this exceptional and rare 4-bedroom upper-level home, perfectly positioned across from serene green space, a playground, a pond, and walking paths. Step inside to discover soaring 9’ ceilings and luxury vinyl plank flooring throughout the main floor. The open-concept design creates a bright and airy atmosphere. The kitchen boasts stainless steel appliances, quartz countertops, two-toned cabinetry, a central island with an eating bar, and a convenient walk-through pantry. Adjacent, the spacious dining area flows seamlessly to the professionally landscaped backyard through large sliding glass doors — perfect for indoor-outdoor living. The inviting living room offers flexible layout options to suit your style and needs. A true standout on the main floor is the versatile den and full 3-piece bathroom, providing the perfect setup for guests, a home office, or multi-generational living. Upstairs, you'll find a rare 4-bedroom plus bonus room layout — ideal for growing families. The two front bedrooms enjoy stunning mountain views, while the third bedroom features its own walk-in closet. A beautifully appointed 5-piece bathroom with dual sinks and quartz countertops serves the secondary bedrooms. Two large linen closets ensure ample storage. The spacious primary suite comfortably accommodates king-sized furniture and features a luxurious 5-piece ensuite with a 10mm glass shower, soaker tub, dual vanities, private water closet, and a walk-in closet. The fully finished basement adds even more living space with a fifth bedroom, 4-piece bathroom, large family/rec room, dedicated laundry area, and generous storage. This home is turnkey, having been freshly painted and professionally cleaned. Enjoy low-maintenance landscaping in the fully fenced backyard, complete with artificial turf and a new, oversized deck — perfect for summer entertaining. Additional features include Hardie Board siding, brand-new custom blinds throughout, rough-in for a water softener, and rough-in for central A/C. Located in a vibrant, well-established community offering a picturesque 10-acre lake, mountain views, and a network of regional walking and biking paths that weave through rolling hills. Enjoy quick and convenient access to Stoney Trail, Crowchild Trail, Crowfoot LRT Park & Ride and all the amenities you need. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email