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
207 1605 16 Avenue SW
Calgary
T3C 1A2
$140,000
Residential
beds: 1
baths: 1.0
548 sq. ft.
built: 1980
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2323311
- Bedrooms:
- 1
- Bathrooms:
- 1
- Year Built:
- 1980
- Photos (15)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
- 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:
- 548 sq. ft.
- Condo Fee:
- $557.00
- Condo Fee Includes:
- Common Area Maintenance, Heat, Insurance, Professional Management, Reserve Fund Contributions, Snow Removal, Trash, Water
- Front Exposure:
- North
- Unit Exposure:
- East
- Floor Location:
- Ground
- Entry Level:
- 1
- Stories Total:
- 3
- Levels:
- Single Level Unit
- End Unit:
- 2+ Common Walls
- Total Rooms Above Grade:
- 4
- Year built:
- 1980 (Age: 46)
- Bedrooms:
- 1 (Above Grd: 1)
- Bedrooms Above Grade:
- 1
- Bedrooms Below Grade:
- 0
- Bathrooms:
- 1.0 (Full:1, Half:0)
- Plan:
- 8210170
- Heating:
- Baseboard
- New Constr.:
- No
- Construction Material:
- Stucco
- Structure Type:
- Low Rise (2-4 stories)
- Ensuite:
- No
- Flooring:
- Laminate
- Cooling:
- None
- Fireplaces:
- 1
- Fireplace Details:
- Wood Burning
- Garage:
- No
- Parking:
- Stall
- Parking Places:
- 1
- Parking Total/Covered:
- 1 / -
- Laundry Features:
- In Unit
- Condo Fee Frequency:
- Monthly
- Southwest
- Z-name Not Listed
- Sunalta
- None
- See Remarks
- N/A
- None Known
- Restrictions
- Floor
- Type
- Size
- Other
- Main Floor
- Kitchen
- 11'4" × 8'3"
- Main Floor
- Living Room
- 14'8" × 12'
- Main Floor
- Dining Room
- 7' × 3'
- Main Floor
- Bedroom
- 8'6" × 5'
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 3
- 8'6" x 5'
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
- Interior Features:
- Open Floorplan
- Exterior Features:
- None
- Patio And Porch Features:
- Balcony(s)
- Num. of Parcels:
- 0
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- M-C2
- Listed Date:
- Jun 22, 2026
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- Listings on market:
- 28
- Avg list price:
- $282,450
- Min list price:
- $140,000
- Max list price:
- $998,899
- Avg days on market:
- 56
- Min days on market:
- 4
- Max days on market:
- 125
- Avg price per sq.ft.:
- $324.53
- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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