What Can You Buy for $500,000 When Buying a Home in Calgary?
Calgary Homes for Sale: Discovering Your Options Under $500,000
Looking for a home in Calgary but not sure what you can get for your budget of $500,000? In Calgary's real estate market, $500,000 can get you a range of housing options, from single-family homes to brand new builds, townhouses, and condos.
With $500,000, you may find a decent single-family home with two to three bedrooms, two to three bathrooms, a finished basement, and a garage. if you're looking for a brand new home, you can find newly constructed single-family homes in neighborhoods like Mahogany, Cranston, and Evanston. These homes come with modern finishes and features and may offer two to three bedrooms, two to three bathrooms, and a garage.
For those who prefer a low-maintenance lifestyle, townhouses with two to three bedrooms, two to three bathrooms, and a garage. If you're looking for a more affordable option or a downtown location, a condo may be the way to go. For $500,000, you can find a two-bedroom, two-bathroom condo with underground parking in Calgary's downtown core. Some of these condos may offer stunning views of the city skyline or the Bow River.
Keep in mind that the location, size, and condition of the property can affect the price of the home. The examples we've provided are just a rough estimate of what you can expect in Calgary's real estate market for $500,000.
When you notice anything that sparks your curiosity and you're ready for a deeper look, kindly email, text, or get in touch with me. You are welcome to schedule a private viewing at any time.
Make a call to Diane Richardson at 403.397.3706
Calgary Living: Affordable Housing Solutions Under $500,000
Calgary Real Estate Listings under $500,000 ,Calgary real estate under $500,000
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209 1712 38 Street SE in Calgary: Forest Lawn Apartment for sale : MLS®# A2084617
209 1712 38 Street SE Calgary T2A 1H1 
$149,900Residential- Status:
- Active
- MLS® Num:
- A2084617
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 815 sq. ft.
2 bedroom apartment on second floor of low rise building;open living room kitchen floor plan ;patio door to balcony; underground park stall. More detailsListed by Grand Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1240 5200 44 Avenue NE in Calgary: Whitehorn Apartment for sale : MLS®# A2248274
1240 5200 44 Avenue NE Calgary T1Y 7L4
$149,900Residential- Status:
- Active
- MLS® Num:
- A2248274
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 553 sq. ft.
Peace of Mind. Comfort. Community. Whether you're searching for a smart investment or a warm, welcoming place to call home, this suite at Whitehorn Village offers both security and heart. Located in one of Calgary’s most respected seniors assisted living communities, this bright one-bedroom + den unit is more than just a property—it's an opportunity to belong. With on-site management, 24-hour nursing care, and a full slate of daily activities, Whitehorn Village offers peace of mind for families and a vibrant, supportive lifestyle for residents. Choose what works for you: ? Invest with confidence by joining the rental pool and enjoy steady, worry-free income. ? Move in or help a loved one do so, and reduce monthly costs thanks to owner payout benefits. Every day, residents enjoy: Chef-prepared meals in a warm dining room, A cozy library with internet access, On-site beauty salon and bistro, Engaging daily activities, social events, outings & 24 hour nursing care staff always nearby. This is a place where people don’t just live—they thrive. ? Suites in this community rarely come available and there is often a waiting list—don’t miss this chance. ?? Call today to book your private tour. We’d love to show you why Whitehorn Village feels like home. Please note: photos, floor plan and measurements are representative only; actual suite may vary slightly. More detailsListed by Real Broker and RE/MAX Landan Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1403 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2287814
1403 755 Copperpond Boulevard SE Calgary T2Z 4R2
$160,000Residential- Status:
- Active
- MLS® Num:
- A2287814
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 474 sq. ft.
Incredible opportunity! This sunny and bright top floor apartment (no neighbours above) with 9-foot ceilings has a huge south facing patio with unobstructed views including stunning mountain views to the West. The new owner will enjoy brand new updates including new flooring (LVP in living area + carpet in bedroom), new lighting and paint through the entire unit including ceilings, gorgeous new stainless steel sink and faucet in the kitchen. More features include ensuite laundry, granite counters, higher ceilings, double pocket doors to the bedroom, a nook for a desk or more storage and a nice tub and shower combo in the bathroom. Inside the unit you will find two large closets for coats and clothes plus an additional assigned underground storage room. Park in your titled parking stall with plug-ins and enjoy a wonderful lifestyle in this quiet community with close access to ponds, walking paths, parks (just across the street), New Brighton Athletic Park, playgrounds and schools. Incredible amenities are nearby including shopping, restaurants, medical offices, and quick access to the ring road and Deerfoot Trail. Opportunities like this don’t come to market often in Calgary! More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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102 4619 73 Street NW in Calgary: Bowness Apartment for sale : MLS®# A2273890
102 4619 73 Street NW Calgary T3B 2M3
$160,000Residential- Status:
- Active
- MLS® Num:
- A2273890
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 498 sq. ft.
More photos will be added once the tenant vacates on January 1. Nestled in the vibrant community of Bowness, just steps from Bowness High School and moments from Bowness Road, Highway 1 and Stoney Trail. This bright, spacious main-floor corner unit delivers unbeatable convenience and comfort. Offering one bedroom and a four-piece bathroom, it features low condo fees, making it an affordable and appealing option. The unit has been tastefully updated with modern finishes, including new flooring and a washer/dryer combo. With its smart layout, assigned parking and prime location, it’s an excellent choice for anyone looking to stop renting and enjoy homeownership. Alternatively, its desirable features and location also make it a fantastic investment opportunity, offering strong potential as a revenue-generating property. Come take a look! More detailsListed by VIVO Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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105 620 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274960
105 620 15 Avenue SW Calgary T2R 0R5
$160,000Residential- Status:
- Active
- MLS® Num:
- A2274960
- Bathrooms:
- 1
- Floor Area:
- 364 sq. ft.
Welcome to a stunning corner unit, Studio condo, offering exceptional value, outstanding location in Beltline, this Condo offers unbeatable lifestyle that's second to none, the building is a stroll walk from vibrant 17th Ave, with plenty of restaurants, pubs, convenience with transit, boutique shopping, nightclubs and pretty much everything you need, easy get away via MacLeod Trail, inner City living doesn't get any better. A ground level condo with large windows for plenty of natural light, large room, completely self-contained, lots of cabinet space in kitchen, in suite 2-in-1 laundry machine, and large storage. A great opportunity for first-time buyers, or investors looking to add value and enjoy downtown living at its best. Book a private viewing today!!! More detailsListed by D Gees Realty Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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202 1529 26 Avenue SW in Calgary: South Calgary Apartment for sale : MLS®# A2275882
202 1529 26 Avenue SW Calgary T2T 1C4
$162,500Residential- Status:
- Active
- MLS® Num:
- A2275882
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 644 sq. ft.
This charming south facing one-bedroom, one-bathroom condo offers 643 square feet of comfortable living space that's perfect for first time buyers and investors looking to add a solid rental property to their portfolio. Located in a well-maintained building, this unit combines convenience with investment potential in one of Calgary's most desirable neighbourhoods. The thoughtful layout maximizes every square foot, creating a welcoming space that residents will love calling home. The primary bedroom provides a peaceful retreat, while the full bathroom features practical fixtures and good storage. The open concept living area flows naturally, making the space feel larger than its footprint suggests. What really sets this property apart is its fantastic location. You're just a stone's throw from vibrant 17th Avenue, where trendy cafes, restaurants, and shops create the kind of walkable lifestyle that keeps rental demand strong. This proximity to one of Calgary's most popular strips means you will have entertainment, dining, and shopping right at your doorstep. The building itself has been lovingly maintained, which means fewer headaches for property owners and a more appealing home for renters. Well-kept common areas and responsible building management create the kind of environment that attracts quality tenants and helps maintain property values over time. Parking is included, which is always a huge plus in this area. Combined with the in-suite laundry convenience, you will appreciate not having to hunt for street parking, pay extra fees, or trek to a laundromat, also making your unit a standout choice in the competitive rental market. The neighbourhood strikes that perfect balance between urban energy and residential comfort. Tree-lined streets and nearby parks provide green space for relaxation, while the bustling commercial strips ensure there's always something to do. Transit connections make commuting throughout the city convenient. For investors, this property represents an excellent opportunity in a proven rental market. The combination of desirable location, practical layout, and building quality creates strong fundamentals for consistent rental income. The area's continued growth and development suggest good long-term appreciation potential. The unit's size makes it ideal for young professionals, students, or anyone seeking a convenient urban lifestyle without the high costs of larger spaces. This demographic tends to be stable, responsible tenants who appreciate the location's benefits. Recent updates and ongoing maintenance mean you can focus on collecting rent rather than dealing with costly repairs. Whether you're a first time home buyer, a seasoned investor or just getting started in real estate, this property offers the kind of straightforward investment opportunity that builds wealth over time. Don't miss this chance to own in one of Calgary's most sought-after neighbourhoods!! More detailsListed by RE/MAX House of Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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201 2010 11 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2285145
201 2010 11 Avenue SW Calgary T3C 0P1
$162,987Residential- Status:
- Active
- MLS® Num:
- A2285145
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 488 sq. ft.
Location is unbeatable - steps from a park with easy access everywhere, an excellent walk score, nearby LRT, shopping, recreation, Step up and feel all the energy of the vibrant Sunalta neighborhood, with the Calgary Tennis Club just blocks away. This upper-level, second-floor walk-up is a perfect opportunity to start your real estate investment career or own a cozy home in a prime location. Enjoy the convenience of an open kitchen with ample cabinetry and generous counter space, Your new home is ideal for entertaining and sharing daily moments while overlooking the versatile flex room from the kitchen. The generously sized bedroom is paired with a functional bathroom, making your home a home to call your own>Note: price improvement today! Spectacular fantastic buy - drive buy and see it for yourself at 2010 11 Ave SW. More detailsListed by REMAX Innovations- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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402 1612 14 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2277170
402 1612 14 Avenue SW Calgary T3C 0W5
$164,900Residential- Status:
- Active
- MLS® Num:
- A2277170
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 504 sq. ft.
This well kept 1 bed, 1 bath condo is located on the Top Floor in the highly sought after community of Sunalta. This home offers an open floor plan with high ceilings and hardwood flooring running through-out. The spacious kitchen comes with ample cupboard/counter space and overlooks the large living room plus a separate dining area that grants access to a North facing balcony with gorgeous DT City views. Completing this spacious condo is a 4pc bath plus an additional storage locker beside the unit entrance. Location cannot be beat, with schools, parks, City transit/LRT station plus all the shops/restaurants along 17ave and the DT core within walking distance. More detailsListed by 2% Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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103 2006 11 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2271633
103 2006 11 Avenue SW Calgary T3C 0P1
$165,000Residential- Status:
- Active
- MLS® Num:
- A2271633
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 449 sq. ft.
Welcome to this awesome cozy condo you can call home before Christmas. Ready for immediate possession, your new home comes complete with all the furnishings you see. Located on a nice quiet street in Sunalta, you are a short walk to all transportation modes if you need them but there is ample street angle parking as well as 1 stall (Assigned) in the back, stall 103. As you walk through the door you can see how immaculate it has been kept. If you are looking for an Air BnB option, you have found it, but if you are looking for a nice quiet place to call home and have it affordable this is it. The condo fees are very reasonable at $425.00/ month and include heat, water/sewer, common area maintenance, parking, reserve fund contributions, Building insurance and snow removal. Don't hesitate, just bring your personal belongings and move right in, it is ready to go. This is an amazing opportunity for ownership or investment. Please note that this unit is entirely below grade but has large windows in the bedroom and living room areas that still adds an amazing amount of natural light with the southern exposure. More detailsListed by REMAX Innovations- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2C 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282398
2C 515 17 Avenue SW Calgary T2S 0A9
$165,000Residential- Status:
- Active
- MLS® Num:
- A2282398
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 541 sq. ft.
One-bedroom, one-bathroom condo located on 17th Avenue SW in Calgary. This unit features a functional layout with a south-facing balcony and in-unit storage. Shared laundry is conveniently located on the same floor. The building offers main-floor retail including a bakery, pizzeria, and liquor store, and is situated in a highly walkable area close to shops, restaurants, transit, and downtown amenities. More detailsListed by MaxWell Canyon Creek- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
2D 515 17 Avenue SW Calgary T2S 0A9
$167,000Residential- Status:
- Active
- MLS® Num:
- A2282402
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 559 sq. ft.
One-bedroom, one-bathroom condo located on 17th Avenue SW. This unit offers a functional layout with a south-facing balcony and in-unit storage. Shared laundry is located on the same floor for added convenience. Situated in a mixed-use building with main-floor retail including a bakery, pizzeria, and liquor store. Enjoy a highly walkable location close to restaurants, shopping, transit, and downtown. More detailsListed by MaxWell Canyon Creek- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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32 1703 11 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2276098
32 1703 11 Avenue SW Calgary T3C 0N5
$169,000Residential- Status:
- Active
- MLS® Num:
- A2276098
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 514 sq. ft.
Inner-City Living in Sunalta | Pet Friendly | Airbnb Friendly Welcome to this bright and modern 1 bed, 1 bath condo perfectly situated in the highly desirable community of Sunalta. New windows, Vinyl Flooring, Quartz Counters and newer appliances. Located just steps from the Sunalta C-Train Station and the vibrant shops, cafés, and entertainment along 17th Avenue SW, this property places you right at the center of Calgary’s most dynamic urban lifestyle. Pet-friendly (up to 2 pets per unit; dogs under 50 lbs). Book a showing today! More detailsListed by MaxWell Capital Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
Data was last updated February 26, 2026 at 02:05 AM (UTC)
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