Calgary Homes for Sale Under $500K | Affordable & Family-Friendly Calgary Homes for Sale Under $500K

Explore an excellent selection of Calgary homes for sale under $500K, perfect for first-time buyers, families, and those seeking affordable housing options. Calgary's real estate market offers diverse opportunities to own a home within your budget.

Whether you’re looking for affordable Calgary homes for sale under $500K in family-friendly neighborhoods or homes for sale in Calgary under $500,000 near schools and transit, you’ll find properties that cater to your needs. Many homes feature updated interiors, spacious layouts, and proximity to parks and recreational areas.

If you’re interested in variety, browse through Calgary condos and townhomes for sale under $500K in top communities. These options provide convenience, modern designs, and access to vibrant local amenities. Neighborhoods like Northeast Calgary and Southwest Calgary offer affordable living without compromising on quality.

Start your journey to homeownership with our up-to-date property listings and find a home that suits your lifestyle and budget today.

Contact Diane Richardson

Phone: 403.397.3706

Email: diane@mypadcalgary.com

The Best Selection of Calgary Homes for Sale Under $500,000

CALGARY HOUSES FOR SALE UNDER $500,000, CALGARY HOMES UNDER $500,000

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  • 405 2 Hemlock Crescent SW in Calgary: Spruce Cliff Apartment for sale : MLS®# A2323807

    405 2 Hemlock Crescent SW Spruce Cliff Calgary T3C 2Z1
    Main Photo: 405 2 Hemlock Crescent SW in Calgary: Spruce Cliff Apartment for sale : MLS®# A2323807
    $339,900
    Residential
    Status:
    Active
    MLS® Num:
    A2323807
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    717 sq. ft.
    Welcome to the ultimate urban retreat in the heart of Spruce Cliff, where luxury, style, and convenience come together to create an exceptional living experience. From the moment you step inside, you'll be captivated by the soaring 10-foot ceilings, elegant finishes, and thoughtfully designed open-concept layout. The gourmet kitchen is a true showpiece, featuring Quartz countertops, custom cabinetry, and premium stainless steel appliances—perfect for entertaining or everyday living. Relax in the sophisticated living room, complete with a cozy fireplace and charming French doors that open to a private balcony with magnificent views. The spacious primary suite offers a peaceful escape, highlighted by a dreamy walk-in closet, and a spa-inspired ensuite finished with honed stone, Carrera marble, a deep soaker tub, and timeless designer touches. Radiant heated White Cork floors, washer and dryer units, underground heated parking, and additional storage add to the home's comfort and convenience. Residents enjoy access to outstanding amenities, including a fully equipped fitness centre and an entertainment room. Pet lovers will appreciate the board-approved pet-friendly lifestyle. Perfectly situated close to downtown, golf courses, river pathways, shopping, restaurants, and transit, this remarkable residence offers the best of urban living in one of Calgary's most desirable communities. A rare opportunity to own a truly sophisticated home with awe-inspiring natural views. More details
    Listed by Century 21 Bravo Realty
    DIANE RICHARDSON
  • 142 Panatella Park NW in Calgary: Panorama Hills Row/Townhouse for sale : MLS®# A2325398

    142 Panatella Park NW Panorama Hills Calgary T3K 6K4
    OPEN HOUSE: Jul 04, 2026
    12:30 PM - 02:30 PM MDT
    Open House on Saturday, July 4, 2026 12:30PM - 2:30PM
    Main Photo: 142 Panatella Park NW in Calgary: Panorama Hills Row/Townhouse for sale : MLS®# A2325398
    $388,000
    Residential
    Status:
    Active
    MLS® Num:
    A2325398
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,271 sq. ft.
    [Open House: 12:30 - 2:30 pm, July 4, 2026]. Welcome to this beautifully maintained townhouse located in the vibrant and family-friendly community of Panorama Hills. Step inside to an open flooring concept main floor that flows seamlessly from the front entrance to the kitchen, creating a spacious and welcoming atmosphere. The large living room is ideal for relaxing, entertaining, or enjoying time throughout the day. Upstairs, you’ll find TWO PRIMARY bedrooms, each with its own private 4-piece ensuite bathroom—perfect for families, roommates, or guests who value both comfort and privacy. The 90% finished basement offers flexible space that can be tailored to your needs, whether it’s a home office, gym, or recreation area. A major recent upgrade includes a brand NEW hot water tank, replaced in 2023, providing added efficiency and peace of mind. This home is conveniently located near a variety of amenities including restaurants, supermarkets, banks, the VIVO recreation centre, and the Panorama Hills Community Centre. What truly makes this community one of Calgary’s most desirable is its access to several schools—from elementary to high school—all just minutes away. With excellent transit options and quick access to Stoney Trail and Country Hills Boulevard, this townhouse delivers both comfort and convenience. In addition, this unit permits short-term rentals, including Airbnb, subject to condominium rules and policies — making it a fantastic opportunity for investors or homeowners looking to offset their mortgage. Don’t miss your chance—schedule a viewing today before it’s gone! More details
    Listed by Homecare Realty Ltd.
    DIANE RICHARDSON
  • 1205 530 3 Street SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2325064

    1205 530 3 Street SE Downtown East Village Calgary T2G 2L8
    Main Photo: 1205 530 3 Street SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2325064
    $475,000
    Residential
    Status:
    Active
    MLS® Num:
    A2325064
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,002 sq. ft.
    Experience an elevated urban sanctuary where luxury isn't just a finish—it’s a lifestyle. This exquisite 2-bedroom, 2-bathroom residence at Arris offers a rare opportunity to own a meticulously curated home that balances high-design aesthetics with unparalleled functional upgrades. From the moment you wake up to the glow of an East-facing sunrise over the Bow River, you’ll realize this isn't just a home; it’s your daily inspiration. The heart of this residence is a gourmet kitchen that stands in a league of its own. While other units settle for standard storage, this suite boasts an exclusive upgraded cabinet pantry and custom garbage pull-outs. Outfitted with a premium European appliance package, a 5-burner gas stove, and a professional garburator, this space is a chef’s dream. The open-concept dining and living areas are framed by massive floor-to-ceiling windows, flooding the home with natural light and offering unobstructed, cinematic views of the river. True luxury is found in the details you can feel. This home features a full-unit water filtration system, ensuring delicious tap water and a spa-like experience for soft skin and healthy hair. The primary retreat has been reimagined with a fully customized walk-in closet, providing a boutique-style organization system that maximizes every inch. Modern conveniences abound, from central air conditioning and atmospheric lighting to the future-ready inclusion of a premium upgraded EV parking spot and a designated storage locker. Life at Arris means world-class amenities are an extension of your living room. Enjoy direct, weather-protected access to over 170,000 sq. ft. of essential services, including the urban-format Real Canadian Superstore, right within the building. Combine that with a heated indoor pool, hot tub, steam and sauna rooms, and a state-of-the-art fitness centre, and you have the ultimate downtown lifestyle. This is more than a move—it’s an arrival. More details
    Listed by Engel & Völkers Calgary
    DIANE RICHARDSON
  • 405 1215 Cameron Avenue SW in Calgary: Lower Mount Royal Apartment for sale : MLS®# A2325110

    405 1215 Cameron Avenue SW Lower Mount Royal Calgary T2T 0K8
    Main Photo: 405 1215 Cameron Avenue SW in Calgary: Lower Mount Royal Apartment for sale : MLS®# A2325110
    $389,900
    Residential
    Status:
    Active
    MLS® Num:
    A2325110
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,117 sq. ft.
    Welcome to Mount Royal Terrace! This fully renovated TOP FLOOR 2-bedroom, 2-bathroom condo is ideally located in the heart of Mount Royal, just steps to the shops, restaurants, cafes, and amenities along 17th Avenue. This bright and spacious apartment has been beautifully updated throughout and offers a great layout for both everyday living and entertaining. The living room features a cozy wood-burning fireplace and opens to the dining area and south-facing balcony. The renovated kitchen offers white cabinetry, quartz countertops, and newer appliances. Luxury vinyl plank flooring throughout and air conditioning add to the comfort and appeal. The spacious primary bedroom includes a walk-in closet, 4-piece ensuite, and a great sun room that works well as a sitting area, reading space, home office, or additional storage. The second bedroom also has its own sun room, adding even more flexibility. A 3-piece main bathroom, in-suite laundry, and plenty of storage complete this functional floor plan. The south-facing balcony is a great spot to enjoy your morning coffee or summer BBQs. The building also features two rooftop communal balcony areas with fantastic unobstructed views of the downtown skyline. This unit comes with TWO OVERSIZED UNDERGROUND PARKING STALLS located directly across from the elevator, plus an assigned storage locker. A fantastic opportunity to own a fully renovated top-floor condo in one of Calgary’s most walkable inner-city communities. Incredible value in a prime location! More details
    Listed by REMAX Innovations
    DIANE RICHARDSON
  • 3347 1818 Simcoe Boulevard SW in Calgary: Signal Hill Apartment for sale : MLS®# A2325171

    3347 1818 Simcoe Boulevard SW Signal Hill Calgary T3H 3L9
    Main Photo: 3347 1818 Simcoe Boulevard SW in Calgary: Signal Hill Apartment for sale : MLS®# A2325171
    $274,900
    Residential
    Status:
    Active
    MLS® Num:
    A2325171
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    833 sq. ft.
    Welcome to Dana Village — an adult-living (55+) building in beautiful Signal Hill! Your first impression of this immaculate top floor, 2 bedroom, 1 bathroom unit will be how spacious it feels, with loads of natural light — and no neighbors' above or on one side. With 833 square feet of furnished living space, this move-in ready unit is just waiting for its next owner. The spacious main living area features your kitchen (RECENTLY UPDATED APPLIANCES), dining and living room (ALL NEW FLOORING) in an open-concept design. The primary bedroom is large and light-filled, with plenty of closet space and a cheater ensuite. The second bedroom is perfect as a bedroom or for use as a den or home office space. The private balcony overlooking the courtyard has the gas BBQ hook-up roughed in. The in-unit laundry room has plenty of storage space and a central vacuum rough-in. The elevator to the HEATED UNDERGROUND parking garage is steps from your door, and your room, assigned parking stall and storage is conveniently located close to the elevator in the garage. There is also plenty of visitor parking. Dana Village is a wonderful community of 55+ adults, which, in addition to its many social and community events for residents, also features a car wash bay, workshop and hobby rooms, a library, games area, public seating areas, a party room, kitchen and dining area for special functions, a fitness area, and more. Located in beautiful Signal Hill, you are minutes from the LRT, shopping, and dining, in addition to the pathway system for walking or biking. If you are looking for your next home, don’t miss out on this turnkey unit in a wonderful community. More details
    Listed by Grassroots Realty Group
    DIANE RICHARDSON
  • 308 1513 26 Avenue SW in Calgary: South Calgary Apartment for sale : MLS®# A2325233

    308 1513 26 Avenue SW South Calgary Calgary T2T 1C4
    Main Photo: 308 1513 26 Avenue SW in Calgary: South Calgary Apartment for sale : MLS®# A2325233
    $200,000
    Residential
    Status:
    Active
    MLS® Num:
    A2325233
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    678 sq. ft.
    Welcome to 1513 26 Avenue SW, a beautifully maintained inner-city condominium perfectly positioned in the heart of South Calgary, just steps from the vibrant shops, restaurants, cafés, and everyday amenities of Marda Loop. Combining modern updates with exceptional convenience, this thoughtfully renovated home offers an outstanding opportunity for first-time buyers, investors, professionals, or anyone seeking an affordable lifestyle in one of Calgary's most desirable neighbourhoods. Step inside and discover a bright, open-concept layout designed to make the most of every square foot. Fresh contemporary finishes, updated flooring, and modern paint colours create a warm and inviting atmosphere throughout. Large south-facing windows flood the living space with natural light, creating an airy environment that is equally suited to relaxing after a busy day or entertaining family and friends. The adjoining dining area flows effortlessly into the kitchen, providing a comfortable setting for everyday meals and casual gatherings. The well-designed kitchen offers generous cabinetry, ample counter space, and a practical layout that makes meal preparation both efficient and enjoyable. Whether you're preparing a quick breakfast before work or cooking dinner at home, this functional space is designed to suit your daily routine. Thoughtful storage solutions throughout the home add to its overall practicality and help keep everything organized. The bedroom has been intelligently incorporated into the layout to maximize both comfort and functionality while maintaining the home's bright, open feel. The updated bathroom features modern fixtures and tasteful finishes, creating a clean and stylish retreat. Every renovation has been completed with everyday living in mind, resulting in a home that is move-in ready and easy to maintain. A highlight of the property is the spacious private south-facing balcony, offering the perfect place to enjoy your morning coffee, relax with a book, or soak in the sunshine throughout the day. The building also includes assigned parking and convenient access to public transit, making commuting around the city simple and stress-free. Living in South Calgary means embracing one of the city's most sought-after inner-city lifestyles. Just moments from Marda Loop, you'll enjoy an incredible selection of locally owned cafés, boutique shopping, restaurants, fitness studios, parks, and everyday conveniences right outside your door. Tree-lined streets, nearby pathways, excellent transit access, and a quick commute to downtown create the perfect balance of urban convenience and neighbourhood charm. Whether you're enjoying a night out with friends, spending an afternoon exploring the local shops, or simply taking in everything this vibrant community has to offer, you'll love calling South Calgary home. Book your private showing today! More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 2101 240 Skyview Ranch Road NE in Calgary: Skyview Ranch Apartment for sale : MLS®# A2325419

    2101 240 Skyview Ranch Road NE Skyview Ranch Calgary T3N 0P4
    Main Photo: 2101 240 Skyview Ranch Road NE in Calgary: Skyview Ranch Apartment for sale : MLS®# A2325419
    $209,900
    Residential
    Status:
    Active
    MLS® Num:
    A2325419
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    636 sq. ft.
    Welcome to Skymills! Proudly offered by the original owner, this beautifully maintained 2 bedroom, 1 bathroom ground floor condo is the perfect place to call home. Whether you're a first time buyer, looking to downsize, or searching for a great investment opportunity, this home offers incredible value and an affordable entry into the Calgary market. A wonderful extension of your living space is the private patio, where you can enjoy your morning coffee, unwind after a busy day, or spend time with family and friends outdoors. The home also comes complete with a titled outdoor parking stall for added convenience. Located in the welcoming community of Skyview Ranch, you'll be just minutes from parks, playgrounds, walking paths, schools, shopping, restaurants, public transit, and major roadways including Stoney Trail and Deerfoot Trail, making commuting around the city a breeze. This home is waiting for its next owner to enjoy everything it has to offer. Book your private showing today! More details
    Listed by REMAX Innovations
    DIANE RICHARDSON
  • 3103 402 Kincora Glen Road NW in Calgary: Kincora Apartment for sale : MLS®# A2325450

    3103 402 Kincora Glen Road NW Kincora Calgary T2R 0V2
    Main Photo: 3103 402 Kincora Glen Road NW in Calgary: Kincora Apartment for sale : MLS®# A2325450
    $450,000
    Residential
    Status:
    Active
    MLS® Num:
    A2325450
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,154 sq. ft.
    If you've been searching for one-level living but every condo feels too small, too crowded, or like a compromise, this is the one you've been waiting for. Forget squeezing your life into a tiny floor plan. This rare Kincora home offers the kind of space developers simply don't build anymore with 2 bedrooms, 2 bathrooms, a dedicated den, 2 titled underground parking stalls, and 2 storage lockers. It's the perfect fit for someone ready to leave behind the stairs and yard work without giving up the comfort of a spacious home. The main floor corner location is another feature you'll quickly appreciate. It offers exceptional privacy, easy everyday access, and you'll never have to worry about waiting for, or relying on, an elevator. Inside, thoughtful upgrades set this home apart. Custom kitchen cabinetry provides incredible storage, high-end electric blinds add convenience and style, and central air conditioning keeps you comfortable all summer long. This isn't a condo that asks you to compromise. It's a home designed for the next chapter, where less maintenance simply means more time to enjoy life. Some opportunities disappear because they're priced right. Others disappear because they simply don't exist anymore. This one is both. More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 72 Prestwick Pond Terrace SE in Calgary: McKenzie Towne Semi Detached (Half Duplex) for sale : MLS®# A2323810

    72 Prestwick Pond Terrace SE McKenzie Towne Calgary T2Z 3Z7
    Main Photo: 72 Prestwick Pond Terrace SE in Calgary: McKenzie Towne Semi Detached (Half Duplex) for sale : MLS®# A2323810
    $469,900
    Residential
    Status:
    Active
    MLS® Num:
    A2323810
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,161 sq. ft.
    WELCOME to this beautifully updated corner-unit bungalow villa in the highly sought-after Prestwick Pond Terrace community of McKenzie Towne! Offering the convenience of single-level living, this bright and inviting home features 2 spacious bedrooms, 2 full bathrooms, a double attached garage, and an open-concept layout designed for comfortable everyday living. Recent upgrades include new luxury vinyl plank flooring, fresh paint throughout, updated kitchen countertops, a newer furnace, and a newer hot water tank, giving you peace of mind and a move-in-ready home. The open kitchen flows seamlessly into the dining and living areas, creating the perfect space for entertaining or relaxing. Large windows fill the home with natural light, while the private rear deck provides a peaceful outdoor retreat. The spacious primary bedroom features a full ensuite, while the second bedroom is ideal for guests, a home office, or hobbies. Whether you’re downsizing, a first-time bungalow buyer, or simply looking for a low-maintenance lifestyle, this home offers the perfect blend of comfort, convenience, and style. Located in a well-managed complex, you’ll enjoy easy access to parks, scenic pathways, schools, shopping, restaurants, transit, and all the amenities that make McKenzie Towne one of Calgary’s most desirable communities. This is a rare opportunity to own an villa-style bungalow in an exceptional location. Don’t miss your chance to call this beautiful home yours! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 161 15 Everstone Drive SW in Calgary: Evergreen Apartment for sale : MLS®# A2325045

    161 15 Everstone Drive SW Evergreen Calgary T2Y 5B5
    Main Photo: 161 15 Everstone Drive SW in Calgary: Evergreen Apartment for sale : MLS®# A2325045
    $369,900
    Residential
    Status:
    Active
    MLS® Num:
    A2325045
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    842 sq. ft.
    This beautifully updated one-bedroom plus den offers the perfect opportunity to downsize without giving up comfort or convenience. The den includes a built-in Murphy bed, making it an ideal space for guests or a flexible home office. Warm hardwood floors flow through the main living areas, while the bedroom features brand-new carpet. The bright white kitchen has been tastefully refreshed with updated countertops, a modern backsplash, stainless steel appliances (excluding the dishwasher), and a generous walk-in pantry. The bathroom has also been upgraded with a walk-in shower, a newer vanity, and elegant marble countertops. In-suite laundry adds everyday ease, with a washer and dryer that are just over a year old. The unit is air-conditioned for summer comfort and includes an electric fireplace to take the chill off in winter. Natural Gas line on deck for natural gas BBQ's only. The building itself is exceptional, offering an impressive range of amenities that create a true sense of community. Residents enjoy multiple inviting sitting areas, guest suites for visitors, a craft room, workshop, car wash bay, wine-making room, pool table areas, a theater room, and a large party room available for private events. Libraries with both hard and soft-cover books are located throughout the building, and the amenities continue with an indoor swimming pool and a well-equipped fitness center. Outdoor spaces provide sunny spots to relax and unwind. Recent building upgrades include the replacement of all five elevators, currently underway, and a new roof installed last year. The location adds even more appeal, with convenient access to shopping and quick connections to Stoney Trail, making trips to the mountains effortless. This is a wonderful opportunity to enjoy comfortable living in a vibrant, amenity-rich community. More details
    Listed by RE/MAX Landan Real Estate
    DIANE RICHARDSON
  • 2206 2000 Millrise Point SW in Calgary: Millrise Apartment for sale : MLS®# A2325087

    2206 2000 Millrise Point SW Millrise Calgary T2P 3W4
    Main Photo: 2206 2000 Millrise Point SW in Calgary: Millrise Apartment for sale : MLS®# A2325087
    $330,000
    Residential
    Status:
    Active
    MLS® Num:
    A2325087
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,048 sq. ft.
    Welcome to this beautifully maintained, SOUTH facing condo in the heart of Millrise, offering an impressive 1,048SqFt of bright, functional living space. Rarely do you find a condo of this size. Featuring 2 spacious bedrooms, 2 full bathrooms, and a well designed layout that provides both comfort and flexibility. The kitchen features a central island with plenty of prep and storage space and opens seamlessly to the dining and living area, making it the perfect place to entertain family and friends. The oversized primary bedroom easily accommodates a king-sized bed, nightstands, a dresser, and still offers plenty of room to spare. Complete with a walk-through closet and 3pc ensuite. The second bedroom is generously sized, making it perfect for guests, a roommate, or a home office. Step outside onto your sunny south-facing balcony, complete with a natural gas BBQ hookup. Completing this functional layout is the convenience of in-suite laundry and a spacious storage room, offering an exceptional amount of in-suite storage that's rarely found in condo living. Freshly painted with newer laminate flooring, baseboards and trim throughout and updated bathroom lighting, this home has been lovingly cared for and is move-in-ready. Providing outstanding value and predictable monthly expenses. Additional features include heated underground parking, a secure storage locker, fitness room, and tons of visitor parking just outside the main door. Located in the established community of Millrise, with access to the LRT, shopping, restaurants, parks, walking paths, recreation facilities, and major roadways, making commuting anywhere in the city quick and convenient. Spacious, move-in ready, and exceptionally well located, this condo is a perfect fit for first time buyers and downsizers. Don't miss your chance to call this place home. Book your showing today! More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 1715a 39 Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2325163

    1715a 39 Street SE Forest Lawn Calgary T2A 1J1
    Main Photo: 1715a 39 Street SE in Calgary: Forest Lawn Row/Townhouse for sale : MLS®# A2325163
    $355,900
    Residential
    Status:
    Active
    MLS® Num:
    A2325163
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    994 sq. ft.
    Two story 2 bedroom four plex townhouse with no condo fee. Home is being renovated and basement will have a huge family room and storage room. Pool ,play ground, transit and amenities close by. Two off street parking. More details
    Listed by RE/MAX Real Estate (Mountain View)
    DIANE RICHARDSON
1-12/1,500
Data was last updated June 30, 2026 at 02:05 PM (UTC)

Contact Diane Richardson:

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  2. Phone number: Included is my phone number here on the page can allow you to call you me directly with any questions or to schedule viewings. 403.397.3706

  3.  Email address: an email address ( Diane@Mypadcalgary.com )can allow you to reach out to me with any questions or to request more information.

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