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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801 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2212015
801 116 3 Avenue SE Calgary T2G 5A9 
$115,000Residential- Status:
- Active
- MLS® Num:
- A2212015
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 366 sq. ft.
Looking for unbeatable value? Look no further! This studio one-bedroom, one-bath condo offers exceptional affordability in one of Calgary’s most vibrant neighborhoods—Chinatown. You’ll be steps away from an array of delicious restaurants, trendy shops, refreshing bubble tea spots, bakeries, and convenient grocery stores. Plus, the stunning Bow River and its scenic walking paths are right at your doorstep, perfect for outdoor enthusiasts or those who enjoy a peaceful stroll. This condo also offers quick access to downtown Calgary—just a few minutes walk to all the major office buildings and business hubs, making it an ideal location for professionals. Whether you're a first-time homebuyer, investor, or looking to simplify your lifestyle, this property provides affordable, central living that’s hard to beat. Don’t miss out on this incredible opportunity! Book your private viewing today and see for yourself what makes this condo stand out! More detailsListed by RE/MAX Real Estate (Mountain View)- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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504 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2192833
504 116 3 Avenue SE Calgary T2G 5A9
$119,500Residential- Status:
- Active
- MLS® Num:
- A2192833
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 355 sq. ft.
Location! Location! Location! Don't miss this incredible opportunity to own an one bedroom condo in the heart of Calgary’s vibrant Chinatown, offering breathtaking Bow River and city skyline views. This well-maintained 1-bedroom, 1-bathroom unit spans over 355 sq. ft. and is perfect for first-time home buyers, investors, or those looking to downsize. Featuring a North-facing balcony, this bright and functional space ensures both comfort and convenience, with ALL utilities (heat, water, sewer and electricity) included in the condo fees, making budgeting effortless. Situated just steps from the Bow River, enjoy scenic river walks, biking paths, and outdoor leisure. The prime downtown location provides easy access to top-rated restaurants, bakeries, supermarkets, banks, and excellent transit connectivity, while being just minutes from Prince’s Island Park, Superstore, shopping, and entertainment. Whether you're looking for a great rental investment or your first home, this is a fantastic opportunity in a highly sought-after location. Only asking for $127,000, you probably need cash to purchase because of the size under 400 sqft. More detailsListed by First Place Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
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1108 108 3 Avenue SW in Calgary: Chinatown Apartment for sale : MLS®# A2200442
1108 108 3 Avenue SW Calgary T2P 0E7
$149,800Residential- Status:
- Active
- MLS® Num:
- A2200442
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 380 sq. ft.
Welcome to this stylish and fully renovated micro-studio, perfectly situated in one of Calgary’s most vibrant and walkable communities. Located on the 11th floor, this thoughtfully designed unit offers a smart, efficient layout with peekaboo views of the Bow River and riverbank. Just steps from some of the city’s best eateries, cultural events, transit, and the picturesque Bow River pathways, this location is unbeatable! Whether you're a first-time buyer looking to enter the market or an investor seeking a prime rental opportunity, this unit offers exceptional value in a sought-after downtown setting. Don't miss your chance to own a beautifully updated micro condo in a coveted location—schedule your private showing today! More detailsListed by Century 21 Bamber Realty LTD.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
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101 1027 12 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2205888
101 1027 12 Avenue SW Calgary T2R 0J5
$149,900Residential- Status:
- Active
- MLS® Num:
- A2205888
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 441 sq. ft.
Maintenance-free, urban living awaits in this bright and well maintained 1 bedroom apartment! Ideally located mere minutes from the iconic Red Mile and Calgary’s premier entertainment district with nightlife, dining, pubs, diverse shops, cafes and more. Nearby is Connaught Park, the 12th Avenue bike path, not to mention transit is literally right out your front door! Safeway and Community Natural Foods Market are a quick 5 minute walk away. You’ll be hard pressed to find a more convenient location! After all that adventure, come home to a quiet sanctuary. This bright and welcoming unit is filled with natural light, thanks to updated floors and windows. The modern kitchen offers plenty of counter space and sleek cabinetry, and flows into the open-concept living and dining area that is equally as thoughtfully designed. In the large master bedroom, you'll find ample in-suite storage for added convenience. In-suite storage and private off-street parking, unassigned, adds to your convenience. Perfect for a young professional or couple, this great property is also easy to rent out for investors due to its prime location. It is vacant and ready to be handed over to its next owner! The building and grounds are excellently maintained and well managed. Truly an outstanding opportunity to get into the superior Beltline community! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
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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
$157,000Residential- 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
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403 333 Garry Crescent NE in Calgary: Greenview Apartment for sale : MLS®# A2199597
403 333 Garry Crescent NE Calgary T2K 5W9
$159,900Residential- Status:
- Active
- MLS® Num:
- A2199597
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 705 sq. ft.
TOP FLOOR Unit with WEST FACING Balcony! Welcome to Landmark Gardens! One bedroom 1 bath unit with a incredibly spacious layout, Large living room and Primary bedroom! Unit has been freshly painted &carpets professionally cleaned. Generous sized rooms, separate dining/office area, fireplace and underground secured parking! Laundry located on every floor! Close to major routes, amenities, airport and shopping! More detailsListed by First Place Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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206 4512 75 Street NW in Calgary: Bowness Apartment for sale : MLS®# A2209281
206 4512 75 Street NW Calgary T3Y 0H1
$159,900Residential- Status:
- Active
- MLS® Num:
- A2209281
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 471 sq. ft.
Fantastic Starter Condo or Investment Opportunity in the popular and charismatic community of Bowness. It has laminate flooring and modern finishings in the kitchen and bathroom. The living room is bright and spacious accentuated by the large windows. The master bedroom features a huge walk in-closet. You also have an assigned parking stall behind the building, as well as ample street parking. Good sized balcony perfect for a bbq! The Bowness community has so much character with quaint little stores close by and your own grocer just 2 blocks away. Major bus routes are practically outside your door. Call to book a private viewing today. More detailsListed by First Place Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5 645 Meredith Road NE in Calgary: Bridgeland/Riverside Apartment for sale : MLS®# A2210641
5 645 Meredith Road NE Calgary T2E 9A3
$159,900Residential- Status:
- Active
- MLS® Num:
- A2210641
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 534 sq. ft.
Attention renovators or first time buyers or investors; a spacious single bedroom unit with an L-shaped living room and dining area combination. There is a south facing balcony off the living room allowing plenty of sunlight throughout the day. Windows and sliding patio door have been replaced. There is an assigned parking stall and also for extra storage there is a large storage locker in the basement. Laundry facility is also located in this room. This unit needs a bit of TLC and once renovated will make it an ideal home. Very convenient location close to shopping and only minutes into downtown and the wonderful pathway systems along the Bow River. Unit # 9 is also for sale; great investment potential if these two units are bought together. More detailsListed by RE/MAX Real Estate (Mountain View)- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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44 366 94 Avenue SE in Calgary: Acadia Apartment for sale : MLS®# A2203378
44 366 94 Avenue SE Calgary T2J 5P1
$169,000Residential- Status:
- Active
- MLS® Num:
- A2203378
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 534 sq. ft.
***$20,000 PRICE REDUCTION*** for this FABULOUS RENOVATED UNIT --Unbelievable VALUE--, NEW flooring (luxury vinyl plank), NEW PAINT throughout (ceiling as well), NEW baseboards and casings, NEW HOODFAN, NEW LIGHT FIXTURES, NEW KITCHEN CABINETS, NEW COUNTERTOPS, NEW BACKSPLASH, NEW KNOBS, NEW KITCHEN SINK. Bathroom has NEW tub/tile surround, NEW overflow cover, NEW drain plug and NEW bathroom hardware (ring, bar, robe hook). This unit has 1 ASSIGNED SURFACE STALL (#44) and is located directly across the hall from the laundry room (which is free to use - no coins necessary). Large storage room in the suite and available bike storage in the shed. LOW CONDO FEE OF $361.27 per month. Plenty of extra parking available. Vacant and ready for possession! More detailsListed by RE/MAX House of Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
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308 1605 16 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2210292
308 1605 16 Avenue SW Calgary T3C 1A2
$169,000Residential- Status:
- Active
- MLS® Num:
- A2210292
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 487 sq. ft.
PRICED TO SELL- This charming one-bedroom, top-floor condo in Sunalta offers 487 sq. ft. of bright and airy living space, featuring vaulted ceilings, a cozy wood-burning fireplace, and a private west-facing deck perfect for enjoying evening sunsets. A small loft area accessible by ladder provides extra storage or a compact workspace. The unit has undergone partial renovations, offering a fantastic opportunity for a buyer to complete it to their taste. Please note: The kitchen and bathroom vanity are not currently installed, allowing for a fresh start to customize these spaces to your preference. Located in a well-maintained building with recent exterior upgrades, including stucco repairs, and fresh hallway renovations, this condo is nestled in a quiet, tree-lined neighbourhood while still being just steps from 17th Avenue’s vibrant shops, restaurants, and nightlife. The sellers Enjoy a secured garden plot in Sunalta Community Association(Which they will be pleased to tranfer to new owners), just minutes from the property, with full sunlight for growing fruits, vegetables, and flowers. This includes an annual membership to the newly upgraded community center, offering family-friendly programs and a collective gardening space. Sunalta also offers nearby parks, tennis courts, and easy access to transit, making it a highly desirable inner-city location. Whether you’re an investor looking for a great rental property or a buyer ready to put your personal touch on a stylish inner-city home, this condo is full of potential. Book a viewing today! More detailsListed by RE/MAX Complete Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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203 1817 11 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2209712
203 1817 11 Avenue SW Calgary T3C 0N7
$169,000Residential- Status:
- Active
- MLS® Num:
- A2209712
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 512 sq. ft.
Step into this freshly renovated one-bedroom, one-bathroom condo in the heart of Sunalta—offering a modern, move-in ready space that’s perfect for first-time buyers or a great addition to your investment portfolio! This charming unit, located on the second floor, features a spacious South-facing deck that’s flooded with natural sunlight—creating a bright and inviting atmosphere. It's the ideal spot for your morning coffee or relaxing at the end of the day. The cozy living room, complete with a wood-burning fireplace, provides a warm and relaxing ambiance. Plus, enjoy the convenience of in-building laundry facilities and an assigned parking stall just below your balcony, with ample street parking options nearby. Sunalta is a sought-after inner-city community known for its tree-lined streets, vibrant walkability, and easy access to downtown Calgary. You'll be steps away from the Sunalta C-Train station, trendy cafes, local shops, parks, and the Bow River pathways—perfect for biking, jogging, or a peaceful stroll. Whether you’re looking to purchase your first home or searching for a turnkey investment property, this beautifully renovated condo offers an amazing opportunity. Don’t miss out—book your viewing today! More detailsListed by RE/MAX Realty Professionals- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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202 4328 4 Street NW in Calgary: Highland Park Apartment for sale : MLS®# A2208507
202 4328 4 Street NW Calgary T2K 1A2
$169,900Residential- Status:
- Active
- MLS® Num:
- A2208507
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 474 sq. ft.
TIRED OF RENTING?? The wait is over and look no further!! Recently renovated from top to bottom is a funky one bedroom totally furnished (long list of items will be included) apartment condo offering amazing green space views of the former Highland Park golf course! The highlighted and recent updates include; a New kitchen, a New 4-pce bathroom, all New Luxury vinyl flooring, Newly painted ceilings and walls, all New kitchen plumbing fixtures and Newer appliances! The large master bedroom features a semi walk-in closet and convenient self contained in-suite laundry. Enjoy your morning coffee on a good-sized balcony with outstanding east valley views accessible through patio doors. Heat, water, and one assigned parking stall are included in the condo fees! Excellent location close to restaurants and shopping, transportation is at your door step, and a short commute to downtown. Start building-up equity today!! Hurry on this one!! More detailsListed by RE/MAX Real Estate (Central)- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
Data was last updated April 27, 2025 at 12:05 PM (UTC)
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