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
306 1712 38 Street SE
Calgary
T2X 3H3
$145,000
Residential
beds: 2
baths: 1.0
801 sq. ft.
built: 1981
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2331245
- Bedrooms:
- 2
- Bathrooms:
- 1
- Year Built:
- 1981
- Photos (28)
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- Mortgage calculator
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- 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:
- 801.3 sq. ft.
- Condo Fee:
- $654.72
- Condo Fee Includes:
- Common Area Maintenance, Heat, Insurance, Interior Maintenance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
- Front Exposure:
- West
- Unit Exposure:
- East
- Floor Location:
- Top
- Entry Level:
- 3
- Stories Total:
- 3
- Levels:
- Single Level Unit
- End Unit:
- 2+ Common Walls
- Total Rooms Above Grade:
- 5
- Year built:
- 1981 (Age: 45)
- Bedrooms:
- 2 (Above Grd: 2)
- Bedrooms Above Grade:
- 2
- Bedrooms On Main:
- 2
- Bedrooms Below Grade:
- 0
- Bathrooms:
- 1.0 (Full:1, Half:0)
- Num Ensuite Baths:
- 0
- Plan:
- 0012879
- Heating:
- Baseboard, Hot Water
- New Constr.:
- No
- Construction Material:
- Brick, Stucco, Wood Frame, Wood Siding
- Structure Type:
- Low Rise (2-4 stories)
- Ensuite:
- No
- Flooring:
- Laminate
- Cooling:
- None
- Fireplaces:
- 1
- Fireplace Details:
- Electric, Living Room
- Garage:
- No
- Parking:
- Underground
- Parking Places:
- 1
- Parking Total/Covered:
- 1 / -
- Laundry Features:
- Common Area, In Unit
- Condo Fee Frequency:
- Monthly
- Southeast
- Braebourne
- Forest Lawn
- Laundry, Snow Removal, Trash
- Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer, Window Coverings
- None
- None Known
- Yes
- Floor
- Type
- Size
- Other
- Main Floor
- Entrance
- 6'2" × 3'7"
- Main Floor
- Kitchen
- 11'7" × 6'
- Main Floor
- Dining Room
- 11'7" × 6'1"
- Main Floor
- Living Room
- 14'3" × 11'8"
- Main Floor
- Bedroom
- 12'3" × 8'
- Main Floor
- Bedroom - Primary
- 14'8" × 10'3"
- Main Floor
- Laundry
- 6'3" × 5'4"
- Main Floor
- Balcony
- 11'6" × 4'11"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 5' x 7'11"
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
- Interior Features:
- Built-in Features
- Exterior Features:
- Balcony
- Patio And Porch Features:
- Balcony(s)
- Num. of Parcels:
- 0
- Region:
- Calgary
- Zone:
- CAL Zone E
- Zoning:
- M-C1
- Listed Date:
- Jul 22, 2026
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- Listings on market:
- 27
- Avg list price:
- $549,000
- Min list price:
- $99,900
- Max list price:
- $835,000
- Avg days on market:
- 60
- Min days on market:
- 4
- Max days on market:
- 135
- Avg price per sq.ft.:
- $513.24
- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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