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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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Sylvan Lake homes for sale
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208 5135 Lakeshore Drive in Sylvan Lake: Downtown Apartment for sale : MLS®# A2266098
208 5135 Lakeshore Drive Downtown Sylvan Lake T4S 1E2 $184,900Residential- Status:
- Active
- MLS® Num:
- A2266098
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 756 sq. ft.70 m2
Enjoy the best of Sylvan Lake living in this well-kept 1-bedroom, 1-bath condo located on Lakeshore Drive — just steps from the water, parks, restaurants, and shops. The bright, open layout features a practical kitchen, comfortable living area, and two private balconies — one facing south for plenty of natural light and another facing southwest to enjoy the afternoon sun. This home also includes underground parking, adding convenience and peace of mind year-round. The location offers quick access to the beach, marina, and walking trails, making it ideal for an active or low-maintenance lifestyle. Perfect for investors or as a recreational property, with an easy commute from both Edmonton and Calgary. This condo combines comfort, function, and a great location in one of Sylvan Lake’s most desirable areas. More detailsListed by Royal LePage Network Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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106 5435 Lakeshore Drive in Sylvan Lake: Downtown Apartment for sale : MLS®# A2266659
106 5435 Lakeshore Drive Downtown Sylvan Lake T4S 1T2 $210,000Residential- Status:
- Active
- MLS® Num:
- A2266659
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 650 sq. ft.60 m2
Welcome Home to Easy Living at the Lake! 40+ adult living apartment. This beautifully kept 1 bedroom, 1 bath main floor condo offers the perfect blend of comfort, convenience, and lifestyle. Enjoy a bright, modern space that’s completely move-in ready. Open concept living with sun filled living/dining area complete with fireplace and access to outside deck. Kitchen boasts stainless appliances and plenty of working space and cabinets. Bathroom features jetted tub and walk in shower. This building has a workshop, elevator, security door, underground parking and extra storage for all your lake-life essentials. Step outside and you’re just moments from an 18-hole golf course, great dining, shopping, and a short walk to Sylvan Lake’s beach and vibrant downtown. Whether you’re looking to downsize, invest, or simplify, this property offers it all — peaceful living, unbeatable location, and incredible value. More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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321 100 Lakeway Boulevard in Sylvan Lake: Lakeway Landing Apartment for sale : MLS®# A2261703
321 100 Lakeway Boulevard Lakeway Landing Sylvan Lake T4S 2M9 $224,900Residential- Status:
- Active
- MLS® Num:
- A2261703
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 967 sq. ft.90 m2
Live the lake life in this beautifully 2-bedroom condo, perfectly situated in the heart of Sylvan Lake! Featuring an open-concept design, this home offers a stylish and functional layout ideal for both relaxing and entertaining. The kitchen provides plenty of counter space and cabinetry, seamlessly flowing into the dining and living areas for easy everyday living. Enjoy the convenience of underground parking, giving you security and ease year-round. This condo is in an unbeatable location—just minutes from the lake, where you can soak up the sun, go boating, or enjoy a leisurely lakeside stroll. Sylvan Lake is a hub for year-round fun, with great restaurants, boutique shops, golf courses, and exciting seasonal events. Whether you’re seeking adventure or a place to unwind, this community has it all! Don’t miss your chance to own a piece of this lakeside paradise! More detailsListed by Royal LePage Network Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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207 100 Lakeway Boulevard in Sylvan Lake: Lakeway Landing Apartment for sale : MLS®# A2270588
207 100 Lakeway Boulevard Lakeway Landing Sylvan Lake T4S 0A4 $269,900Residential- Status:
- Active
- MLS® Num:
- A2270588
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,091 sq. ft.101 m2
A 2 bedroom plus a den condo on the second floor of the Sommerset building. The tiled front entryway greets you to the open style floor plan. Dark maple kitchen cabinets are complemented by full tile backsplash, stainless steel appliances, pot/pan drawers, a pantry and a raised eating bar. The dining room adjoins to the living room that features a gas fireplace and a large window overlooking trees. There is a south facing covered patio with a gas line and aluminum railings. The king sized primary bedroom has double sided walk through closets to the 4 piece ensuite. There is a second bedroom and a den. There is a nice sized laundry room with room for storage. The property includes a heated underground assigned parking stall with additional storage and an outside parking stall also. The building offers dual lobbies, elevators, and a fitness centre. More detailsListed by Century 21 Maximum- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
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111 50 Lucky Place in Sylvan Lake: Lakeway Landing Row/Townhouse for sale : MLS®# A2264212
111 50 Lucky Place Lakeway Landing Sylvan Lake T4S 0E3 $278,000Residential- Status:
- Active
- MLS® Num:
- A2264212
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,420 sq. ft.132 m2
Welcome home to this stylish and spacious 1420 sq. ft. townhome in beautiful Sylvan Lake! Perfectly designed for comfort and functionality, this 3 bedroom home offers modern finishes and thoughtful updates throughout. The bright and open main floor features a modern kitchen with freshly updated tile grout, stainless steel appliances including a brand new stove and fridge, and plenty of space for cooking and entertaining. Upstairs, you will find three generous bedrooms, ideal for a family, home office, or guest space. Enjoy year round comfort with central air conditioning and a furnace replaced just 5 years ago. Step outside to your fully fenced, south facing yard with a private deck that is perfect for sunny afternoons and outdoor dining. With two parking stalls, new blinds, and quick possession available, this move in ready home is an incredible opportunity for first time buyers, downsizers, or investors. Located close to schools, parks, and all the amenities Sylvan Lake has to offer, including the beach just minutes away. Modern. Comfortable. Move in ready. Do not miss your chance to call this one home! More detailsListed by MORE Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
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9 2 Hinshaw Drive in Sylvan Lake: Hewlett Park Row/Townhouse for sale : MLS®# A2230118
9 2 Hinshaw Drive Hewlett Park Sylvan Lake T4S 2J2 $288,000Residential- Status:
- Active
- MLS® Num:
- A2230118
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,323 sq. ft.123 m2
NEWLY RENOVATED. BRAND NEW FLOORING FROM TOP TO BOTTOM Charming 3-Bedroom Home in Desirable Hewlett Park – Ideal for First-Time Buyers & Investors Welcome to this delightful 3-bedroom, 3-bathroom home nestled in the sought-after Hewlett Park community of Sylvan Lake. Perfectly suited for first-time homebuyers, savvy investors, or those seeking a tranquil summer retreat, this property offers both comfort and potential. Key Features: Spacious Living Areas: The main floor boasts a generous living room, a convenient half-bath, and a well-appointed kitchen featuring a large pantry and ample cupboard space—ideal for culinary enthusiasts. Comfortable Bedrooms: Upstairs, you'll find three inviting bedrooms, including a master suite complete with a private ensuite bathroom. Unfinished Basement: The basement awaits your personal touch, offering the flexibility to create additional living space tailored to your needs. Prime Location: Situated close to the serene shores of Sylvan Lake, this home is just minutes away from local amenities, shopping centers, and recreational facilities. Community Highlights: Hewlett Park is renowned for its family-friendly atmosphere and proximity to outdoor activities. Whether you're boating on the lake, enjoying a leisurely walk in the park, or exploring local shops and eateries, this neighborhood provides a vibrant and welcoming environment. Opportunity Awaits: Don't Miss Out: Whether you're looking for your first home, a smart investment, or a peaceful getaway, this property offers the perfect blend of comfort, potential, and location.. Take the first step toward making this charming house your new home. All home inspection items have been resolved. More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
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32 Reid Court in Sylvan Lake: Ryders Ridge Row/Townhouse for sale : MLS®# A2273878
32 Reid Court Ryders Ridge Sylvan Lake T4S 0L9 $319,000Residential- Status:
- Active
- MLS® Num:
- A2273878
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,252 sq. ft.116 m2
Welcome to this well-kept 3-bedroom, 2-bathroom townhouse in the vibrant lakeside community of Sylvan Lake with absolutely no condo fees! This property is an outstanding opportunity for first-time buyers, young families, or investors seeking a low-maintenance home in a high-demand area. The main floor offers an inviting open-concept layout, complemented by stainless steel appliances in the kitchen. Upstairs, you’ll find three comfortable bedrooms and a well-appointed full bathroom, making the home functional and family-friendly. The unfinished basement provides valuable potential—create a future rec room, additional bedroom, or enjoy it as ample storage space. Outside, the fully usable yard space and private deck offer the perfect setting for relaxing, hosting, or letting kids and pets enjoy the outdoors. Located close to schools, parks, shopping, and the lake, this townhouse delivers comfort, convenience, and exceptional value—without the extra monthly fees. A must-see for buyers looking to maximize affordability and potential! More detailsListed by Century 21 Bravo Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
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1 5301 Windward Place in Sylvan Lake: Willow Springs Row/Townhouse for sale : MLS®# A2272077
1 5301 Windward Place Willow Springs Sylvan Lake T4S 2L4 $324,900Residential- Status:
- Active
- MLS® Num:
- A2272077
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,244 sq. ft.116 m2
Welcome to 5301 Windward Place in beautiful Sylvan Lake—a bright and inviting end-unit townhouse offering comfort, convenience, and modern open-concept living. This two-bedroom, two-and-a-half-bath home includes an attached single-car garage and impressive high ceilings that enhance the sense of space from the moment you walk in. The main floor is thoughtfully designed for everyday living, featuring an open layout that seamlessly connects the kitchen, dining area, and living room. The kitchen is equipped with a convenient pantry and offers plenty of storage and workspace. Large windows brighten the living area, and patio doors lead to a private deck—perfect for relaxing or entertaining. A well-placed 2-piece bathroom on the main level adds extra convenience for guests and daily use. Upstairs, you’ll find two generous bedrooms, each with its own ensuite and walk-in closet. One bedroom features a 3-piece ensuite, while the primary bedroom offers a spacious 4-piece ensuite, creating a comfortable and private retreat. The second-floor laundry room makes chores simple and keeps everything close at hand. More detailsListed by Concept Realty Group Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
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5034 47 Street in Sylvan Lake: Downtown Semi Detached (Half Duplex) for sale : MLS®# A2272537
5034 47 Street Downtown Sylvan Lake T4S 1X9 $329,000Residential- Status:
- Active
- MLS® Num:
- A2272537
- Bedrooms:
- 3
- Bathrooms:
- 4
- Floor Area:
- 1,406 sq. ft.131 m2
Welcome to this half duplex just a short walk from the water in the heart of Sylvan Lake’s vibrant downtown. This is an ideal year-round home, a fantastic summer getaway, or a smart investment in one of Central Alberta’s most desirable lake communities. Inside, you’ll find a bright and inviting open floor plan with large windows that fill the main level with natural light. The living room offers a cozy gas fireplace, and the kitchen and dining area flow nicely together—perfect for everyday living or hosting friends and family. Upstairs features three generous bedrooms, including a spacious primary suite with a walk-in closet and private ensuite. The insulated attached garage adds convenience and comfort, and the overall layout makes great use of every square foot. Step outside and enjoy everything Sylvan Lake is known for—walkable access to the beach, marina, shops, restaurants, and year-round recreation. Whether you’re looking for a family home close to amenities or a relaxing retreat just steps from the lake, this property is an excellent opportunity in a prime location. More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
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3 Lark Close in Sylvan Lake: Lakeway Landing Row/Townhouse for sale : MLS®# A2273530
3 Lark Close Lakeway Landing Sylvan Lake T4S 2P6 $339,900Residential- Status:
- Active
- MLS® Num:
- A2273530
- Bedrooms:
- 3
- Bathrooms:
- 4
- Floor Area:
- 1,402 sq. ft.130 m2
Located in the beautiful community of Lakeway Landing, close to scenic trails, a dog park, and schools. This better-than-new, fully renovated home offers exceptional value and modern comfort. Recent upgrades include new countertops, sink, kitchen tap, fridge, shower heads, fresh paint, flooring throughout, upgraded electrical, furnace cleaning, new locks, lighting, select interior doors, and hardware. Within the last two years, the roof, hot water tank, and dryer have also been replaced, giving you peace of mind for years to come. The main floor features a bright and sunny open-concept layout, perfect for entertaining or everyday living. Upstairs, you will find three comfortable bedrooms, including a spacious primary suite with its own ensuite, along with a well-appointed full bathroom for family or guests. The fully finished lower level provides even more living space is ideal for a family room, home office, gym, or guest area, allowing you to tailor the space to your lifestyle. This home delivers the perfect blend of location, quality, and modern updates in one of Sylvan Lake’s most sought-after neighborhoods.(3 doors are still on order and will be painted and installed by possess) More detailsListed by Red Key Realty & Property Management- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
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4732 52 Street in Sylvan Lake: Central Core Detached for sale : MLS®# A2257726
4732 52 Street Central Core Sylvan Lake T4S 1G5 $344,900Residential- Status:
- Active
- MLS® Num:
- A2257726
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 565 sq. ft.52 m2
Excellent investment opportunity with strong rental potential in Sylvan Lake! This 1 bedroom plus den, 1 bathroom bungalow sits on a huge, mature corner lot (6478sf per town!) a block from the Sylvan Lake trail system. The home features a partial basement with a developed rec room, laundry area, and plenty of storage space. A detached garage, convenient paved asphalt driveway, and abundant off street parking make this property easy to access and practical for everyday living. Just when you think the yard ends at the fence line, it extends even further(!) offering more outdoor space than expected. Located just south of the tracks, with quick access to the lake and town amenities, this home is highly attractive for renters and long term ownership. Downsizers will appreciate the simplified and manageable living footprint without sacrificing privacy or spacious outdoor surroundings - all in a serene neighborhood. Many mature trees provide privacy and character, while the rear laneway and large lot size adds flexibility for future development and building options. With its generous lot size, desirable quiet location, and rental appeal, this property is a smart opportunity in Sylvan Lake! More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
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7 Baywood Link in Sylvan Lake: Lighthouse Point Detached for sale : MLS®# A2269889
7 Baywood Link Lighthouse Point Sylvan Lake T4S 0A8 $345,000Residential- Status:
- Active
- MLS® Num:
- A2269889
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,459 sq. ft.136 m2
Tucked away in a private location backing onto a beautiful treed green space, this immaculate home offers comfort, space, and style! Enjoy the inviting covered porch and great curb appeal as you arrive. Step inside to a bright open floor plan featuring vaulted ceilings, fresh paint, and large windows that fill the home with natural light. The spacious living room with an electric fireplace flows into the kitchen with plenty of cabinets, a large pantry, and an open dining area—perfect for entertaining family and friends. The primary bedroom includes a full ensuite, plus there are two additional good-sized bedrooms and another full bath. Step outside to a fully fenced backyard with two decks, surrounded by nature and regular visits from deer and birds. The long driveway offers room for multiple vehicles or RV parking, and the detached double garage is heated with radiant heat. A true hidden gem in Sylvan Lake—move in and enjoy the peaceful setting! More detailsListed by Royal LePage Network Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email





