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

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105 620 15 Avenue SW
Beltline Calgary T2R 0R5

$160,000
Residential beds: 0 baths: 1.0 364 sq. ft. built: 1970

Main Photo: 105 620 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274960
Photo 1: 105 620 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274960
Photo 2: 105 620 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274960
Photo 3: 105 620 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274960
Photo 4: 105 620 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274960
Photo 5: 105 620 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274960
Photo 6: 105 620 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274960
Photo 7: 105 620 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274960
Photo 8: 105 620 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274960
Photo 9: 105 620 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274960
Photo 10: 105 620 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274960
Photo 11: 105 620 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274960
Photo 12: 105 620 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274960
Photo 13: 105 620 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274960
Photo 14: 105 620 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274960
Photo 15: 105 620 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274960
Photo 16: 105 620 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274960
Photo 17: 105 620 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274960
Photo 18: 105 620 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274960
Photo 19: 105 620 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274960
Photo 20: 105 620 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274960
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2274960
Bathrooms:
1
Year Built:
1970
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!!!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
Apartment-Loft/Bachelor/Studio
Total Living Area:
364.21 sq. ft.
Condo Fee:
$275.63
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Heat, Insurance, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Acreage:
No
Front Exposure:
South
Unit Exposure:
South
Floor Location:
Ground
Entry Level:
1
Stories Total:
4
Levels:
Single Level Unit
End Unit:
1 Common Wall
Total Rooms Above Grade:
2
Year built:
1970 (Age: 56)
Bedrooms:
0 (Above Grd: 0)
Bedrooms Above Grade:
0
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
0712098
Heating:
Baseboard
New Constr.:
No
Construction Material:
Brick, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Ensuite:
No
Flooring:
Ceramic Tile, Laminate
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
None
Parking Places:
0
Parking Total/Covered:
0 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Southwest
Z-name Not Listed
Beltline
None
Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer, Window Coverings
NA
None Known
Restrictions
Floor
Type
Size
Other
Main Floor
Other
12'11" × 11'4"
Main Floor
Kitchen
13'3" × 6'2"
Main Floor
Storage
4'3" × 3'3"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'10" x 7'8"
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby, Street Lights, Walking/Bike Paths
Interior Features:
Breakfast Bar
Exterior Features:
None
Patio And Porch Features:
None
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
CC-MH
Listed Date:
Dec 18, 2025
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Listed by D Gees Realty Inc.
Data was last updated February 26, 2026 at 04:05 AM (UTC)
Area Statistics
Listings on market:
227
Avg list price:
$335,000
Min list price:
$160,000
Max list price:
$2,495,000
Avg days on market:
37
Min days on market:
1
Max days on market:
289
Avg price per sq.ft.:
$436.99
These statistics are generated based on the current listing's property type and located in Beltline. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON

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Contact information #130, 703 - 64th Ave. S.E., Calgary, AB, T2H 2C3 Cell: 403-397-3706diane@mypadcalgary.com

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.