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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103 1612 14 Avenue SW
Sunalta Calgary T3C 0W5

$139,000
Residential beds: 1 baths: 1.0 487 sq. ft. built: 1961

Main Photo: 103 1612 14 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2298640
Photo 1: 103 1612 14 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2298640
Photo 2: 103 1612 14 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2298640
Photo 3: 103 1612 14 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2298640
Photo 4: 103 1612 14 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2298640
Photo 5: 103 1612 14 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2298640
Photo 6: 103 1612 14 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2298640
Photo 7: 103 1612 14 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2298640
Photo 8: 103 1612 14 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2298640
Photo 9: 103 1612 14 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2298640
Photo 10: 103 1612 14 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2298640
Photo 11: 103 1612 14 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2298640
Photo 12: 103 1612 14 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2298640
Photo 13: 103 1612 14 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2298640
Photo 14: 103 1612 14 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2298640
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2298640
Bedrooms:
1
Bathrooms:
1
Year Built:
1961
INVESTOR ALERT!!Looking to add to your real estate portfolio ? With a price like this you can turn a profit immediately. Check out this bright and sunny "garden suite" in the trendy and desirable location of SUNALTA. Steps to all the amenities that 17 ave SW has to offer, plus parks, tennis courts, community gardens, and MORE. This super clean one bedroom suite provides plenty of natural light, a large living space, a functional kitchen, a great sized bedroom, and a 4 piece bath. There is plenty of storage in the unit and also provides a separate locked storage right outside your door. Convenient community laundry is on the same level as this unit!. Condo fees cover everything but electricity ! Its so easy...just book your 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:
487 sq. ft.
Condo Fee:
$497.34
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Front Exposure:
North
Unit Exposure:
North
Floor Location:
Below Grade
Entry Level:
1
Stories Total:
4
Levels:
Single Level Unit
End Unit:
No Common Walls, No One Below
Total Rooms Above Grade:
3
Year built:
1961 (Age: 65)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
0814512
Heating:
Baseboard
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Tar/Gravel
Ensuite:
No
Flooring:
Laminate
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Assigned, On Street, Stall
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
Common Area
Condo Fee Frequency:
Monthly
Southwest
Z-name Not Listed
Sunalta
Laundry
Dishwasher, Electric Stove, Microwave, Range Hood, Refrigerator, Window Coverings
N/A
Pet Restrictions or Board approval Required
Restrictions
Floor
Type
Size
Other
Main Floor
Kitchen
11'3" × 6'
Main Floor
Living Room
15'8" × 14'11"
Main Floor
Bedroom - Primary
12' × 9'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s)
Interior Features:
Laminate Counters, No Smoking Home
Exterior Features:
None
Patio And Porch Features:
None
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C2
Listed Date:
Apr 02, 2026
  • Photo 1: 103 1612 14 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2298640
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Listed by REMAX Innovations
Data was last updated April 30, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$212,500
Min list price:
$139,000
Max list price:
$375,000
Avg days on market:
52
Min days on market:
1
Max days on market:
157
Avg price per sq.ft.:
$344.89
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.