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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32 1703 11 Avenue SW
Sunalta Calgary T3C 0N5

$169,000
Residential beds: 1 baths: 1.0 514 sq. ft. built: 1975

Main Photo: 32 1703 11 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2276098
Photo 1: 32 1703 11 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2276098
Photo 2: 32 1703 11 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2276098
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2276098
Bedrooms:
1
Bathrooms:
1
Year Built:
1975
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!
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-Single Level Unit
Total Living Area:
514 sq. ft.
Condo Fee:
$450.87
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Heat, Insurance, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Front Exposure:
East
Unit Exposure:
North
Floor Location:
Other
Entry Level:
2
Stories Total:
3
Levels:
Single Level Unit
End Unit:
1 Common Wall
Total Rooms Above Grade:
3
Year built:
1975 (Age: 51)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
0312872
Heating:
Baseboard
New Constr.:
No
Construction Material:
Brick, Concrete, Stucco, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Flat, Membrane
Ensuite:
No
Flooring:
Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Stall
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Basement, Laundry Room
Condo Fee Frequency:
Monthly
Southwest
Z-name Not Listed
Sunalta
Parking, Snow Removal, Trash
Dishwasher, Electric Stove, Microwave, Refrigerator
N/A
Board Approval, Pets Allowed, Short Term Rentals Allowed
Cats OK, Dogs OK, Yes
Floor
Type
Size
Other
Main Floor
Bedroom
10'4" × 9'9"
Main Floor
Living Room
16'8" × 10'5"
Main Floor
Kitchen With Eating Area
13'11" × 7'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
7'3" x 4'11"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Interior Features:
Quartz Counters, Vinyl Windows
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-H1
Listed Date:
Jan 08, 2026
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Listed by MaxWell Capital Realty
Data was last updated February 26, 2026 at 04:05 AM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$222,450
Min list price:
$162,987
Max list price:
$675,000
Avg days on market:
30
Min days on market:
2
Max days on market:
135
Avg price per sq.ft.:
$333.41
These statistics are generated based on the current listing's property type and located in Sunalta. 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.