Calgary Homes for Sale Under $500K | Affordable & Family-Friendly 
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.
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Contact Diane Richardson
Phone: 403.397.3706
Email: diane@mypadcalgary.com
Explore Calgary Homes for Sale Across Various Price Ranges: From $200K to $1M+
The Best Selection of Calgary Homes for Sale Under $500,000
503 8948 Elbow Drive SW
Calgary
T2V 0H9
$247,900
Residential
beds: 2
baths: 1.0
853 sq. ft.
built: 1973
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2337469
- Bedrooms:
- 2
- Bathrooms:
- 1
- Year Built:
- 1973
- Photos (25)
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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:
- 852.9 sq. ft.
- Main Level Finished Area:
- 852.9 sq. ft.
- Condo Fee:
- $566.00
- Condo Fee Includes:
- Amenities of HOA/Condo, Caretaker, Common Area Maintenance, Gas, Heat, Insurance, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Security, Sewer, Snow Removal, Trash, Water
- Acreage:
- No
- Front Exposure:
- West
- Unit Exposure:
- West
- Floor Location:
- Ground
- Entry Level:
- 1
- Stories Total:
- 4
- Levels:
- Single Level Unit
- End Unit:
- 2+ Common Walls
- Total Rooms Above Grade:
- 5
- Year built:
- 1973 (Age: 53)
- 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:
- 7410943
- Heating:
- Baseboard, Natural Gas
- New Constr.:
- No
- Construction Material:
- Brick, Wood Frame, Wood Siding
- Structure Type:
- Low Rise (2-4 stories)
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Ceramic Tile, Hardwood
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- No
- Parking:
- Assigned, Stall
- Parking Places:
- 1
- Parking Total/Covered:
- 1 / -
- Laundry Features:
- In Unit
- Condo Fee Frequency:
- Monthly
- Southwest
- Hays Farm
- Haysboro
- Bicycle Storage, Laundry, Outdoor Pool, Parking, Party Room, Pool, Racquet Courts, Snow Removal, Storage, Trash, Visitor Parking
- Electric Stove, Refrigerator, Washer/Dryer Stacked, Window Coverings
- N/A
- None Known
- Restrictions, Cats OK
- Floor
- Type
- Size
- Other
- Main Floor
- Laundry
- 6'8" × 3'10"
- Main Floor
- Bedroom - Primary
- 14'5" × 10'6"
- Main Floor
- Bedroom
- 12'1" × 10'6"
- Main Floor
- Dining Room
- 8'6" × 8'5"
- Main Floor
- Living Room
- 17'11" × 12'2"
- Main Floor
- Kitchen
- 8'2" × 7'10"
- Main Floor
- Entrance
- 8'6" × 3'6"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 3
- 5' x 9'6"
- Title to Land:
- Fee Simple
- Community Features:
- Clubhouse, Pool, Tennis Court(s)
- Interior Features:
- Bookcases, Granite Counters, No Animal Home, No Smoking Home
- Exterior Features:
- Tennis Court(s)
- Patio And Porch Features:
- None
- Num. of Parcels:
- 0
- Region:
- Calgary
- Zone:
- CAL Zone S
- Zoning:
- M-C1
- Listed Date:
- Aug 14, 2026
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- Listings on market:
- 45
- Avg list price:
- $300,000
- Min list price:
- $176,000
- Max list price:
- $1,299,900
- Avg days on market:
- 50
- Min days on market:
- 2
- Max days on market:
- 170
- Avg price per sq.ft.:
- $360.59
- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
Find Your Ideal Single-Family Home in Calgary: Explore Our Listings in SE, NW, SW, and NE Calgary
Contact Diane Richardson:
Here are a few ways to make it easy for you to get in touch with Diane Richardson:
-
Contact form: a contact form on my website can allow you to send me a message directly from this page. Be sure to include your name, email address, and a message.
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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
-
Email address: an email address ( Diane@Mypadcalgary.com )can allow you to reach out to me with any questions or to request more information.
-
Live chat: I have a live chat feature on this website, you can get in touch with me in real-time and get immediate answers to your questions.
Please be sure to include the property address or MLS® number for the listing you are interested in.
