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Affordable Calgary Homes for Sale Under $500,000 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

Unlock Your Calgary Dream Home: Explore Listings by Price Range 

Under $300,000 $800,000 - $900,000 $300,000 - $400,000 $900,000 - $1,000,000 $400,000 - $500,000 $1,000,000 $500,000 - $600,000 Calgary new listings $600,000 - $700,000 Calgary new build homes for sale $700,000 - $800,000 

Find Your Perfect Home in Calgary: 3 to 8 Bedroom Homes

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Get in Touch with Diane Richardson – Your Trusted Calgary Real Estate Professional

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Don't hesitate—reach out today and experience stress-free, professional guidance from Diane Richardson!

Calgary homes for sale under $500,000-Calgary properties under $500KStoney 2

THE MOST INEXPENSIVE HOMES FOR SALE IN CALGARY

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  • 5262 49 Street: Mayerthorpe Detached for sale : MLS®# A2234380

    5262 49 Street Mayerthorpe Mayerthorpe T0E 1N0
    Main Photo: 5262 49 Street: Mayerthorpe Detached for sale : MLS®# A2234380

    5262 49 Street Mayerthorpe T0E 1N0 Mayerthorpe

    $9,999
    Residential
    Status:
    Active
    MLS® Num:
    A2234380
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    767 sq. ft.
    Opportunity knocks with this 2-bedroom, 1-bath home, perfect for those looking to roll up their sleeves and create something special. Whether you're a first-time buyer with a vision or an investor hunting for your next project, this property is full of potential. The home is being sold as is and requires substantial updates, but the possibilities are endless. Renovate the existing structure or take advantage of the option to remove it and place a brand-new modular home on the lot. The choice is yours! Set on a manageable lot in a quiet area, this property is a great chance to get into the market or expand your portfolio. Bring your ideas and unlock the value! More details
    Listed by RE/MAX ADVANTAGE (WHITECOURT)
    LISTING DETAILS
    DIANE RICHARDSON

  • 5006 46 Avenue: Spirit River Detached for sale : MLS®# A2224020

    5006 46 Avenue Spirit River Spirit River T0H 3G0
    Main Photo: 5006 46 Avenue: Spirit River Detached for sale : MLS®# A2224020

    5006 46 Avenue Spirit River T0H 3G0 Spirit River

    $27,000
    Residential
    Status:
    Active
    MLS® Num:
    A2224020
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    980 sq. ft.
    Affordable fixer-upper in Spirit River on owned lot! Sold 'as is'. Home has two bedrooms, one bathroom. Large living room where there used to be a wood stove. Kitchen is spacious and fits dining room table. Harwood floors! Outside the home has a garden and a good sized shed included. Nice sized lot that fits your RV! This is a perfect time of year to start a renovation project; or simply live in your RV on a town lot, as the primary use of the lot has been filled with the home. More details
    Listed by eXp Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 4811 54 Street: Amisk Detached for sale : MLS®# A2233619

    4811 54 Street Amisk Amisk T0B 4C0
    Main Photo: 4811 54 Street: Amisk Detached for sale : MLS®# A2233619

    4811 54 Street Amisk T0B 4C0 Amisk

    $29,000
    Residential
    Status:
    Active
    MLS® Num:
    A2233619
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    920 sq. ft.
    2 bed 1 bath mobile home on its own lot in the charming community of Amisk, AB A short drive to Wainwright, AB or Hardisty, AB This community has an excellent elementary school and surrounded by sports activities all year around. Detached 20x12 garage/shed More details
    Listed by Clear Choice Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 120 Park Lane: Swan Hills Detached for sale : MLS®# A2187692

    120 Park Lane Swan Hills Swan Hills T0G 2C0
    Main Photo: 120 Park Lane: Swan Hills Detached for sale : MLS®# A2187692

    120 Park Lane Swan Hills T0G 2C0 Swan Hills

    $39,000
    Residential
    Status:
    Active
    MLS® Num:
    A2187692
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    1,008 sq. ft.
    Stop paying rent and get into your own place. This 1008sqft mobile boasts 3 bedrooms and a good size 4 pc bathroom. The living area is open and bright with an electric fireplace and the kitchen/dining room has plenty of cabinetry. This mobile is on its on lot. and comes with all appliances. With a little TLC this would make a great starter home or rental property. More details
    Listed by RE/MAX ADVANTAGE (WHITECOURT)
    LISTING DETAILS
    DIANE RICHARDSON

  • 4932 48 Street: Hardisty Detached for sale : MLS®# A2196823

    4932 48 Street Hardisty Hardisty T0B 1V0
    Main Photo: 4932 48 Street: Hardisty Detached for sale : MLS®# A2196823

    4932 48 Street Hardisty T0B 1V0 Hardisty

    $39,500
    Residential
    Status:
    Active
    MLS® Num:
    A2196823
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    945 sq. ft.
    Looking for a project? This little fixer upper might be what your looking for. Well established lot in a great location in Hardisty, AB Close to downtown shopping, park and walking trails or enjoy a longer stroll down to the Hardisty Lake and recreation area. The majority of the home has been tore down to the studs. The 23x23 garage in the back yard makes this a great option if your looking for a project. All building supplies in the home are included in the sale as well as a forced air natural gas furnace . More details
    Listed by Clear Choice Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 5028 49: Irma Detached for sale : MLS®# A2230691

    5028 49 Irma Irma T0B 2H0
    Main Photo: 5028 49: Irma Detached for sale : MLS®# A2230691

    5028 49 Irma T0B 2H0 Irma

    $39,900
    Residential
    Status:
    Active
    MLS® Num:
    A2230691
    Bedrooms:
    1
    Bathrooms:
    1
    Property For Sale – Transitional Zoning (T2) This property is currently zoned Residential T2, allowing option for either residential or commercial use. The existing structure on the lot is not inhabitable and will need to be removed. Pricing is negotiable to reflect the cost of removal. Suitable for buyers looking for redevelopment potential in a flexible zoning area. More details
    Listed by ROYAL LEPAGE WRIGHT CHOICE REALTY
    LISTING DETAILS
    DIANE RICHARDSON

  • 313 1151 Sidney Street: Canmore Apartment for sale : MLS®# A2186066

    313 1151 Sidney Street Canmore Canmore T1W 3G1
    Main Photo: 313 1151 Sidney Street: Canmore Apartment for sale : MLS®# A2186066

    313 1151 Sidney Street Canmore T1W 3G1 Canmore

    $39,995
    Residential
    Status:
    Active
    MLS® Num:
    A2186066
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    828 sq. ft.
    This 4-WEEK SHARE in Sunset Resorts is calling your name! Experience the ultimate Canmore lifestyle with this beautiful 2-bedroom, 2-bathroom fractional ownership property offering 4 FLOATING WEEKS EACH YEAR. Perfect for rejuvenating getaways, this property combines comfort, convenience and breathtaking views. It features modern amenities such as quartz countertops, in-suite laundry and a cozy fireplace to unwind after a day of adventure. The west-facing balcony, one of the largest in the complex, is accessible from both the living room and primary bedroom and offers incredible mountain views. Owners have access to an outdoor fire pit area, a games room and the neighboring resort’s facilities, which include an indoor pool with a waterslide, an indoor and outdoor hot tub, gym facilities and The Grande Kitchen and Bar. Owners can occupy the suite, lend it to friends or exchange it with over 3,500 properties worldwide, offering flexible and exciting travel opportunities. Located in the heart of Canmore, within walking distance of downtown, local shops and restaurants, this property is a perfect homebase for enjoying Canmore’s stunning scenery and vibrant lifestyle. Don’t miss this opportunity to enjoy Canmore’s beauty 4 weeks a year! (This property can't be listed on Airbnb) More details
    Listed by GRASSROOTS REALTY GROUP
    LISTING DETAILS
    DIANE RICHARDSON

  • 196 Greely Road: Fort McMurray Detached for sale : MLS®# A2221275

    196 Greely Road Fort McMurray Fort McMurray T9H 3Y6
    Main Photo: 196 Greely Road: Fort McMurray Detached for sale : MLS®# A2221275

    196 Greely Road Fort McMurray T9H 3Y6 Fort McMurray

    $40,000
    Residential
    Status:
    Active
    MLS® Num:
    A2221275
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,280 sq. ft.
    Opportunity knocks- $40,000 with land included!! This mobile home sits on a generous 6,331 sq ft lot backing onto peaceful greenspace. Priced at land value, this property is ideal for someone handy with vision. The home offers a great layout with a front porch addition, spacious living and dining areas, a walk-through kitchen, and a separate laundry area. Featuring 3 bedrooms, a full main bath, and a 3-piece ensuite off the primary. This property is being Sold as is where is, where is with no warranties or representations, whatsover. All property Information provided, including size and measurements, and condo fees should not be relied upon and must be verified by the purchaser. More details
    Listed by COLDWELL BANKER UNITED
    LISTING DETAILS
    DIANE RICHARDSON

  • 4904 51 Street: Edgerton Detached for sale : MLS®# A2231348

    4904 51 Street Edgerton Edgerton T0B 1K0
    Main Photo: 4904 51 Street: Edgerton Detached for sale : MLS®# A2231348

    4904 51 Street Edgerton T0B 1K0 Edgerton

    $43,000
    Residential
    Status:
    Active
    MLS® Num:
    A2231348
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    840 sq. ft.
    Affordable opportunity on a large corner lot in the great community of Edgerton! This 2-bedroom, 2-Bath mobile home features a new hot water tank and a newly built porch. Enjoy a great location with friendly neighbours, the golf course nearby, and just 28 km to Wainwright for all your amenities. Perfect for investors or anyone looking to renovate, build equity, and create income! This property is priced to sell so don't miss this chance to make it your own! Book a private showing today! More details
    Listed by RE/MAX BAUGHAN REALTY
    LISTING DETAILS
    DIANE RICHARDSON

  • 5605 50st: Grimshaw Detached for sale : MLS®# A2228768

    5605 50st Grimshaw Grimshaw T0H 1W0
    Main Photo: 5605 50st: Grimshaw Detached for sale : MLS®# A2228768

    5605 50st Grimshaw T0H 1W0 Grimshaw

    $44,500
    Residential
    Status:
    Active
    MLS® Num:
    A2228768
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    627 sq. ft.
    This home is located on the North end of Grimshaw on a large lot walking distance to anything one would need. This 2 bedroom 1 bathroom home has 627 sqft of living. Don't miss out on this property and call today for a viewing! More details
    Listed by Grassroots Realty Group Ltd.
    LISTING DETAILS
    DIANE RICHARDSON

  • 404 111 Charles Avenue: Fort McMurray Apartment for sale : MLS®# A2204219

    404 111 Charles Avenue Fort McMurray Fort McMurray T9H 1R3
    Main Photo: 404 111 Charles Avenue: Fort McMurray Apartment for sale : MLS®# A2204219

    404 111 Charles Avenue Fort McMurray T9H 1R3 Fort McMurray

    $44,900
    Residential
    Status:
    Active
    MLS® Num:
    A2204219
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    668 sq. ft.
    Investor alert! This beautifully maintained 2-bedroom condo in the heart of downtown offers an unbeatable location close to all amenities, shopping, and transit. The updated kitchen boasts modern finishes. With its prime location and great rental potential, this condo is a fantastic opportunity for first-time buyers or savvy investors. Don’t miss your chance to own a piece of downtown living at an affordable price! More details
    Listed by EXP REALTY
    LISTING DETAILS
    DIANE RICHARDSON

  • 10509 89 Street: Peace River Detached for sale : MLS®# A2020726

    10509 89 Street Peace River Peace River T8S 1N9
    Main Photo: 10509 89 Street: Peace River Detached for sale : MLS®# A2020726

    10509 89 Street Peace River T8S 1N9 Peace River

    $45,000
    Residential
    Status:
    Active
    MLS® Num:
    A2020726
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    636 sq. ft.
    Opportunity Awaits! While the existing structure on this lot needs to be torn down, there is still plenty of value in this lot. Upper West Peace location, within walking distance of the ski-hill, and a view of Misery Mountain, this lot has plenty of potential. Call for your viewing today. More details
    Listed by Royal LePage Valley Realty
    LISTING DETAILS
    DIANE RICHARDSON
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Data was last updated June 26, 2025 at 12:05 PM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.