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.
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
Explore Calgary Homes for Sale Across Various Price Ranges: From $200K to $1M+
Find Your Ideal Single-Family Home in Calgary: Explore Our Listings in SE, NW, SW, and NE Calgary
Contact Diane Richardson:
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MayfairCity CentreCalgary
CALGARY NEIGHBOURHOODS
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159 Malibou Road SW in Calgary: Mayfair Detached for sale : MLS®# A2236075
159 Malibou Road SW Calgary T2V 1X5 
$1,499,000Residential- Status:
- Active
- MLS® Num:
- A2236075
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,603 sq. ft.
Welcome to 159 Malibou Rd SW. This beautiful home sits on a lot that is almost 12,000 sq ft!! The stunning bungalow is situated in the southwest community of Mayfair, one of Calgary’s most sought-after neighborhoods for its quiet suburban feel whilst offering quick access to some of the city's major roads including Glenmore and Elbow Drive. Many amenities are at your fingertips including Chinook Mall, Britannia Plaza and only 15 mins to the downtown core. The home boasts an impressive curb appeal with soffit lighting, oversized front entry way door, custom California shutters and a beautifully landscaped exterior with aggregate concrete driveway and walkways. The huge backyard is south facing with an expansive deck and offers ample sunlight which pours into the kitchen and dining area of the home. The home faces a beautiful green space and park and has no backyard neighbors, giving lots of privacy. From your back gate is a biking/walking path, which takes you to some of the nicest views in the city. As you step inside the home, you’re greeted with stunning vaulted ceilings and exposed beams, which give a large open feel. The massive kitchen offers endless storage space with integrated appliances to give the space a seamless finish. All kitchen appliances are of the highest quality with Wolfe double wall ovens, microwave and counter cooktop, integrated Sub Zero fridge/freezer and an additional Subzero freezer within the kitchen island and Miele Dishwasher. All the custom cabinetry offers convenient custom pull outs for easy access. The master bedroom boasts tons of storage, large south facing windows and a big 3 piece ensuite and towel warmer. The upstairs is completed by a spacious main floor laundry room with side by side laundry, secondary bedroom and 4 piece main bathroom. Downstairs provides additional flexible space with a huge family room with gas fireplace, office, a bedroom and a hobby room that could easily be converted back into a 4th bedroom, gym space and 3 piece bathroom with heated floors and steam shower. Houses in this community do not stay on the market long. Reach out to your favorite realtor today and book a viewing. More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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12 Medford Place SW in Calgary: Mayfair Detached for sale : MLS®# A2258288
12 Medford Place SW Calgary T2V 2E8
$1,729,000Residential- Status:
- Active
- MLS® Num:
- A2258288
- Bedrooms:
- 5
- Bathrooms:
- 4
- Floor Area:
- 1,890 sq. ft.
Welcome to this beautifully updated 5-bedroom, 4-level split home, offering over 3,300 sq. ft. of thoughtfully designed living space in Mayfair — one of Calgary’s most beloved and family-friendly communities. From the moment you step into the inviting front courtyard, you’ll feel the warmth and character that make this home truly special. Set on a meticulously landscaped lot, the property showcases more than $150,000 in recent upgrades, including an exposed aggregate driveway, walkways, and patio, a freshly painted exterior, a striking new front door with glass side panels, and a fully renovated lower level with enlarged windows. Every detail reflects pride of ownership and a commitment to both comfort and style. Inside, a spacious foyer welcomes you into a light-filled living room with a wood-burning fireplace and expansive picture windows overlooking the private backyard — the perfect backdrop for family gatherings or quiet evenings at home. The formal dining room flows into a bright, renovated kitchen featuring granite countertops, timeless cabinetry, and ample workspace — ideal for both everyday meals and entertaining. Upstairs, the generous primary suite offers excellent closet space and a private ensuite. Two additional bedrooms and a full bathroom provide versatility for children’s rooms, guest space, or a home office. The lower level is a standout, with a spacious family/media room anchored by a second wood-burning fireplace. This cozy retreat is perfect for movie nights, games, or a teen hangout. A fourth bedroom, full bath, and laundry area complete this level. The fully renovated basement offers remarkable flexibility: with a large bedroom, living area, oversized windows, and a 3-piece marble bathroom, it’s ideally suited for a nanny suite, in-laws, or university-aged children who want independence while staying close to home. Additional highlights include central air conditioning, newer furnaces, a new garage man door and opener, a garden shed, sprinkler system (front and back), and more — ensuring comfort and peace of mind for years to come. Outdoors, the private backyard is designed for both relaxation and play, offering space for kids, summer barbecues, and quiet moments in nature. All this is set within steps of a playground, just minutes from Britannia Plaza, Chinook Centre, and Calgary’s downtown core. Surrounded by excellent schools, scenic parks, and community spirit, this home is ready to grow with your family in one of the city’s most enduring neighbourhoods. More detailsListed by Real Estate Professionals Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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56 Massey Place SW in Calgary: Mayfair Detached for sale : MLS®# A2245811
56 Massey Place SW Calgary T2V 2G5
$1,799,900Residential- Status:
- Active
- MLS® Num:
- A2245811
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 2,232 sq. ft.
Welcome to 56 Massey Place SW – an exceptional family home on a quiet street tucked in the coveted NW corner of the prime inner-city community of Mayfair. Backing directly onto the Glenmore Reservoir pathway system, this spacious, beautifully updated property offers a rare blend of privacy, functionality, and access to scenic green spaces—all just minutes from downtown. Thoughtfully designed for modern family living, this home boasts over 3,300 sq ft of well-appointed space. The main floor welcomes you with a large, light-filled living room featuring vaulted ceilings and wide-plank engineered oak flooring that carries throughout all three upper levels of the home. The open-concept kitchen is the heart of the house, complete with professional appliances, ample cabinetry, and a wood-capped breakfast bar overlooking a sunken family room with in-floor heating—perfect for everyday connection and entertaining. Off the family room, find a convenient 2-piece bath and a servery for easy access to drinks and snacks from the stunning backyard pool area. Upstairs, you'll find three generous bedrooms, including a serene primary suite with a renovated 3-piece ensuite, plus a second full bath. The lower level offers an ideal fourth bedroom (or home office), a stylish laundry room, a separate mudroom and direct access to the oversized attached double garage. The basement features high ceilings, a spacious recreation room perfect for movie nights with the family or a teen hangout area, a full bathroom, and ample storage. Step outside to your private backyard oasis: low-maintenance landscaping, multi-tiered deck space, and a large in-ground pool for summers to remember. Ideally located, Mayfair is walkable to Chinook Mall, the amenities of Britannia Plaza, the Glenmore Reservoir, Rockyview Hospital and a short, easy commute to downtown. Here it is—a rare opportunity to raise your family in a true inner-city sanctuary, surrounded by mature trees, top-tier schools, parks, golf courses, and backing directly onto Calgary's premier urban trail network. Welcome Home! More detailsListed by Century 21 Bamber Realty LTD.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
Data was last updated September 22, 2025 at 10:05 AM (UTC)
