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

Forgot password Extend Verify Contact

2D 515 17 Avenue SW
Cliff Bungalow Calgary T2S 0A9

$167,000
Residential beds: 1 baths: 1.0 559 sq. ft. built: 1968

Main Photo: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 1: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 2: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 3: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 4: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 5: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 6: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 7: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 8: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 9: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 10: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 11: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 12: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 13: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 14: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 15: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 16: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 17: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 18: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 19: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 20: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 21: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 22: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 23: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 24: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Photo 25: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2282402
Bedrooms:
1
Bathrooms:
1
Year Built:
1968
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.
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:
558.62 sq. ft.
Condo Fee:
$400.50
Condo Fee Includes:
Heat, Insurance, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Front Exposure:
South
Unit Exposure:
South
Floor Location:
Other
Entry Level:
2
Stories Total:
8
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
4
Year built:
1968 (Age: 58)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
0714961
Heating:
Baseboard
New Constr.:
No
Construction Material:
Brick, Concrete
Structure Type:
High Rise (5+ stories)
Ensuite:
No
Flooring:
Vinyl
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
None
Parking Places:
0
Parking Total/Covered:
0 / -
Laundry Features:
Common Area
Condo Fee Frequency:
Monthly
Southwest
Stratford Towers
Cliff Bungalow
Elevator(s), Parking, Trash
Dishwasher, Electric Range, Microwave, Refrigerator
N/A
Board Approval, Easement Registered On Title, Underground Utility Right of Way
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Kitchen
9'7" × 7'9"
Main Floor
Dining Room
11'7" × 8'9"
Main Floor
Living Room
12'1" × 11'3"
Main Floor
Bedroom - Primary
12' × 9'2"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks
Interior Features:
See Remarks
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
C-COR1 f3.0h23
Listed Date:
Feb 11, 2026
  • Photo 1: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 1 of 25
  • Photo 2: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 2 of 25
  • Photo 3: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 3 of 25
  • Photo 4: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 4 of 25
  • Photo 5: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 5 of 25
  • Photo 6: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 6 of 25
  • Photo 7: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 7 of 25
  • Photo 8: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 8 of 25
  • Photo 9: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 9 of 25
  • Photo 10: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 10 of 25
  • Photo 11: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 11 of 25
  • Photo 12: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 12 of 25
  • Photo 13: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 13 of 25
  • Photo 14: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 14 of 25
  • Photo 15: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 15 of 25
  • Photo 16: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 16 of 25
  • Photo 17: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 17 of 25
  • Photo 18: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 18 of 25
  • Photo 19: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 19 of 25
  • Photo 20: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 20 of 25
  • Photo 21: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 21 of 25
  • Photo 22: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 22 of 25
  • Photo 23: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 23 of 25
  • Photo 24: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 24 of 25
  • Photo 25: 2D 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2282402
    Photo 25 of 25
Listed by MaxWell Canyon Creek
Data was last updated February 26, 2026 at 06:05 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$279,900
Min list price:
$165,000
Max list price:
$1,998,000
Avg days on market:
56
Min days on market:
1
Max days on market:
265
Avg price per sq.ft.:
$333.33
These statistics are generated based on the current listing's property type and located in Cliff Bungalow. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON

Connect with Calgary & Area Real Estate Expert Diane Richardson - Fill Out Our Home Finder Form Today for Personalized Service.

  1. Personalized guidance from Diane RIchardson realtor, who understand the Calgary market and can help you make informed decisions.

  2. Access to the latest real estate listings and market trends in Calgary, allowing you to stay up-to-date on the best opportunities.

  3. Professional and attentive service.

  4. An easy-to-use form that can help you quickly connect with Diane RIchardson and get started on your real estate journey.

  5. Tailored support that meets your unique needs and preferences, whether you're a first-time buyer or looking to upgrade your living situation.

 Click hereTo Start Your Real Estate Journey

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.