New Homes in Calgary Under $500,000 | Affordable Homes for Sale

Are you looking for an affordable new home for sale in Calgary under $500,000? We have the perfect selection of new homes in Calgary under 500k for you to choose from. Our selection of new homes in Calgary under 500000 offers a variety of styles and layouts for you to find the perfect fit for your lifestyle. Whether you're looking for a modern apartment or a traditional family home, we've got the perfect property for you. Take a look at our selection of new homes in Calgary under 500k and find the perfect home for you and your family today!
Here are the latest Calgary new construction homes can be found here on our website, mypadcalgary.com by searching below for properties that have been recently built.. 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

CONTACT DIANE RICHARDSON

When any Calgary Real Estate Listings looks interesting and you’d like a closer look please email, text or call and I’ll arrange your private viewing, at your convenience. You can reach me by phone or text at 403-397-3706 and email. Please be sure to include the property address or MLS® number for the listing you are interested in.

Take advantage of our proven marketing systems to list your home for sale in Calgary or contact me today to arrange a private showing of any property you see here on mypadcalgary.com.

How much does a new build cost in Calgary?

The cost of a new build in Calgary can vary depending on several factors, such as the size of the home, the materials used, the location of the property, and the complexity of the design.

As of 2021, the average cost to build a new single-family home in Calgary is approximately $250 to $350 per square foot. This means that a 2,000 square foot home could cost anywhere from $500,000 to $700,000 to build. However, it is important to note that these are just average estimates, and the actual cost of a new build in Calgary can vary significantly depending on the specific details and requirements of the project.

What are the newest communities in Calgary? (as of August 2021)?

  1. Belmont - located in the southwest of Calgary, Belmont is a new community that offers a mix of residential, commercial, and recreational spaces. It has a variety of housing options, including single-family homes, townhomes, and apartments.

  2. Cornerstone - situated in the northeast of Calgary, Cornerstone is a modern and sustainable community that offers a mix of residential, commercial, and institutional spaces. It has a variety of housing options, including single-family homes, townhomes, and duplexes.

  3. University District - located in the northwest of Calgary, University District is a new urban community that is designed to be walkable and bikeable. It offers a mix of housing options, including apartments, townhomes, and single-family homes, as well as retail and commercial spaces.

  4. Livingston - situated in the north-central part of Calgary, Livingston is a new master-planned community that offers a mix of residential and commercial spaces. It has a variety of housing options, including single-family homes, townhomes, and apartments.

  5. Yorkville - located in the southwest of Calgary, Yorkville is a new community that offers a mix of residential and commercial spaces. It has a variety of housing options, including single-family homes, townhomes, and duplexes.

Cliff BungalowCity CentreCalgary

BROWSE CALGARY NEIGHBOURHOODS

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1-12/21
  • 4A 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2114332

    4A 515 17 Avenue SW Cliff Bungalow Calgary T2S 0A9
    Main Photo: 4A 515 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2114332
    $199,999
    Residential
    Status:
    Active
    MLS® Num:
    A2114332
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    632 sq. ft.
    1 BEDROOM | 1 BATHROOM | OPEN LAYOUT | FRESHLY PAINTED | GREAT LOCATION | 1 PARKING SPOT | Enjoy this newly painted 1 bedroom, 1 bathroom condo in a concrete building in the heart of action on 17th Avenue. This a great chance to get in the market with your first home or purchase as an investment property. The open layout living space features room for a dining space, living room to relax after a long days work and opens onto an inviting balcony with views of downtown. The kitchen has plenty of cupboard space and features an electric stove, microwave hood fan, dishwasher, refrigerator and neat built-in wine storage. In addition to a good sized bedroom and 4-piece bathroom, the condo also features an area for you to add an in-suite electric dryer or use as a storage space. This unit also comes with one parking stall leased at $75/month. Enjoy the convenience of the shared card laundry room on the same floor. The location of this condo can't be beat with dining and shopping on 17th Avenue and 4th Street right there and the downtown core just a short walk away. Reach out to book your showing today! More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 308 528 20 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2113899

    308 528 20 Avenue SW Cliff Bungalow Calgary T2S 0E8
    Main Photo: 308 528 20 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2113899
    $210,000
    Residential
    Status:
    Active
    MLS® Num:
    A2113899
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    440 sq. ft.
    Attention young professionals, first-time buyers, and savvy investors! Don't hesitate - act fast to secure this property! This stunning apartment has been impeccably maintained and extensively renovated. Featuring Italian tile floors with a wood-like appearance and a fully renovated bathroom, this gem is filled with unique quality-of-life updates. Enjoy plenty of natural light in this south-facing apartment, and take advantage of the balcony to cultivate your green thumb or soak up the sun while taking in the stunning neighborhood views. The unit comes equipped with all the necessary appliances, including an in-suite combination washer and dryer. Additionally, there's extra storage adjacent to the apartment on the same floor to store items like bikes, suitcases, and other belongings. The apartment is located in a quiet walk-up building in one of Calgary's most sought-after neighborhoods, offering the perfect blend of tranquility and urban convenience. Just a two-minute walk from the Mission shopping district and a seven-minute stroll from the Elbow River, this location boasts easy access to bike paths, transit, shops, and fitness studios. You won't find a better location! Why rent when you can own? Take advantage of this unique opportunity to invest in your own home and pocket the home equity. This property is perfect for anyone looking to live in a fantastic location or add a revenue property to their investment portfolio. Call today to arrange your viewing and take the first step toward making this exceptional apartment your new home! More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 310 505 19 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2115025

    310 505 19 Avenue SW Cliff Bungalow Calgary T2S 0E4
    Main Photo: 310 505 19 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2115025
    $214,900
    Residential
    Status:
    Active
    MLS® Num:
    A2115025
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    498 sq. ft.
    Welcome to your own private urban sanctuary nestled in the heart of Calgary's vibrant inner city. This meticulously designed 1-bedroom apartment offers a harmonious blend of contemporary luxury and urban convenience. Situated in the desirable Cliff Bungalow community, this apartment enjoys a highly sought-after location just a short stroll from the trendy 17th Avenue. Set within a secure and tranquil full concrete building, you'll not only enjoy a stylish living space but also a peaceful retreat from the bustling city. Step inside and be greeted by a thoughtfully laid-out living area, adorned with modern finishes and bathed in an abundance of natural light. The generously sized bedroom offers a serene escape, with ample sunlight streaming through the windows, showcasing its spaciousness. Whether you desire a king-size bed or additional furnishings, this bedroom provides the perfect sanctuary where comfort meets sophistication. The open-concept kitchen is designed with sleek countertops and ample cabinet space, creating an ideal setting for culinary exploration and creativity. The adjoining living area is both spacious and inviting, perfect for relaxation and hosting guests.The prime location ensures you'll be at the center of Calgary's vibrant cultural and culinary scene, with an array of eclectic shops, gourmet restaurants, and lively nightlife just steps away. Embrace the convenience of walking to popular cafes, boutiques, and entertainment options along the bustling 17th Avenue. Discover the epitome of urban living in this charming 1-bedroom gem, where style, comfort, and investment potential converge. Don't miss out on the chance to make this remarkable apartment your own and experience the very best of inner-city living in Calgary. Book your showing today and seize this incredible opportunity! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 410 519 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2115449

    410 519 17 Avenue SW Cliff Bungalow Calgary T2S 0A9
    Main Photo: 410 519 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2115449
    $225,000
    Residential
    Status:
    Active
    MLS® Num:
    A2115449
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    636 sq. ft.
    Incredible opportunity for the first-time home buyer or investor! This unit boasts a newer modern renovated kitchen with additional cabinets for storage and new vinyl plank flooring in the living room and the bedroom. A generously sized bedroom with a vibrant view of downtown. The building has a renovated elevator and upgraded hallways with low condo fees including heat and water. The neighbourhood has many popular restaurants, coffee shops, boutiques, and amenities. This is the perfect location for someone who loves the inner city lifestyle. Book your showing today! More details
    Listed by Homecare Realty Ltd.
    DIANE RICHARDSON
  • 620 519 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2100836

    620 519 17 Avenue SW Cliff Bungalow Calgary T2S 0A9
    Main Photo: 620 519 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2100836
    $248,800
    Residential
    Status:
    Active
    MLS® Num:
    A2100836
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    776 sq. ft.
    Welcome to this to this amazing 2-bedroom, 1-bathroom condo nestled in the heart of downtown Calgary, right on the iconic 17th Ave Red Mile! Boasting a prime location, this residence is not only surrounded by the vibrant energy of the city but also offers unparalleled convenience and style. As you step into this updated condo, you are greeted by a thoughtfully designed living space that seamlessly blends modern aesthetics with comfort. The well-thought-out kitchen boasts modern elegance with rich shaker style cabinets, breakfast bar, newer stainless-steel appliances, and plenty of cabinet and counter space. The open-concept living room layout creates a spacious atmosphere, perfect for entertaining or simply unwinding. Step out onto your private balcony and be captivated by the spectacular views of Calgary's downtown skyline. From sunrise to sunset, the panorama views of the city are truly mesmerizing. The condo features two cozy bedrooms, providing ample space for relaxation and privacy. The bathroom is tastefully updated with dual vanities and contemporary fixtures and finishes; adding a touch of luxury to your daily routine. Don't miss the chance to make this downtown oasis your home and experience the excitement of urban living in one of Calgary's most iconic locations! Schedule a viewing today and envision yourself living in the heart of the action! More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 501 505 19 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2116012

    501 505 19 Avenue SW Cliff Bungalow Calgary T2S 0E4
    Main Photo: 501 505 19 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2116012
    $292,000
    Residential
    Status:
    Active
    MLS® Num:
    A2116012
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    755 sq. ft.
    Calling all Savvy Investors! Introducing Urban Street, a great modernized complex boasting 66 units across six stories, nestled in the vibrant heart of Cliff Bungalow. Situated mere steps away from 4th Street and the bustling Mission district. This property showcases 2 bedrooms, 1 full bathroom, and over 750 square feet of thoughtfully designed living space, offering downtown city views. The unit features an underground, titled parking spot, concrete construction, a spacious private balcony, gorgeous espresso stained oak hardwood floors, and a well-appointed galley kitchen complete with a breakfast bar, stainless steel appliances and an all-in-one washer/dryer combo. Cliff Bungalow offers the ultimate downtown lifestyle with a walk score of 95. Walk to work, run/cycle the river pathways, dine at the best restaurants, socialize at coffee shops, mingle at happy hours or shop at the many boutiques along 4th street! Call your favourite Realtor to set up a viewing today! **Tenant must be assumed** More details
    Listed by Century 21 Bamber Realty LTD.
    DIANE RICHARDSON
  • 750 519 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2107380

    750 519 17 Avenue SW Cliff Bungalow Calgary T2S 0A9
    Main Photo: 750 519 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2107380
    $304,000
    Residential
    Status:
    Active
    MLS® Num:
    A2107380
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    774 sq. ft.
    Do share if you find a more lively place in Calgary other than 17th Avenue. And most lively spot of 17th Avenue other than its crossroads with Broadway (viz. 4th Street) & this building is right there. Owner found it once, but now needs to relocate providing a rare opportunity to own this unique kind of top-floor unit with a TITLED Underground Parking. This akin to atleast a Sub-Penthouse, if not a penthouse, boasts no overhead structures, ensuring an abundance of natural light and offering a breathtaking panoramic view of downtown Calgary, with the iconic Calgary Tower visible right from your living room. This meticulously renovated unit features a modern kitchen equipped with granite countertops and ample cupboard space, ensuring both functionality and style. The bathroom is designed for relaxation, featuring a soaker tub and double sinks. Each of the two bedrooms is tastefully furnished, with one offering a convenient workstation, perfect for both rest and productivity. South-facing bedroom windows bathe the bedrooms in glorious sunlight throughout the afternoon, enhancing the warmth and welcoming ambiance of the home. Additional luxuries include in-suite laundry and the vibrant lifestyle of living on the Red Mile, placing you in close proximity to everything you need and love in Calgary. As an investment, this apartment has demonstrated its value completing yearly lease in Feb 2024 for a monthly rent of $2,200. The tenant, currently on three month vacation has expressed interest in renewing the lease from May 1st for an additional year at the same rate, plus $250 for underground parking, with electricity being the tenant's responsibility. This unit is being offered fully furnished, making it an ideal turnkey solution for immediate occupancy or rental. Seize the opportunity to own a piece of Calgary's most lively district, where convenience meets luxury in a space that truly feels like home. Currently, this unit is occupied by Airbnb guests until April 14th . Interestingly, these guests are keen on transitioning to a yearly lease, offering $2,400 monthly plus parking, with utilities excluding electricity. The underground parking is available for an additional $200 per month. The owner is favorably inclined towards a long-term lease arrangement, contingent upon the new owner's agreement to similar terms. Importantly, the arrangement may include the provision for the last month's rent to be paid in advance upon signing the lease. This presents a unique opportunity for immediate occupancy and a stable tenant, making it an attractive proposition for prospective owners. Unit is sold as furnished. More details
    Listed by Rekha Realty
    DIANE RICHARDSON
  • 102 534 22 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2116345

    102 534 22 Avenue SW Cliff Bungalow Calgary T2S 0H6
    Main Photo: 102 534 22 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2116345
    $325,000
    Residential
    Status:
    Active
    MLS® Num:
    A2116345
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    716 sq. ft.
    Perfectly nestled in heart of Mission is a rare opportunity to invest or own this impeccably updated 2-bedroom, 1-bathroom condominium. This unit is a beacon of urban sophistication and upon entry, you are greeted with a harmonious blend of convenience and style, as the space opens to reveal a sun filled living and dining area where city life is artfully brought indoors and is an entertainers dream space! Centrally poised to host and enchant is the kitchen and here is where culinary exploration becomes a daily pleasure, with a premium stainless steel appliance package (refrigerator – 2021), an abundance of rich full height cabinetry, a grand kitchen island, and midnight black granite countertops providing both functionality and an aesthetic delight. Adjacent to the kitchen is the spacious living room that is infused with warmth from the elegant electric fireplace and is a comfortable place to relax and unwind after a long day at the office or after exploring the many walking paths, pubs, restaurants, and shops that lovely Mission has to offer. In the summer months you can enjoy the sunshine on the south facing patio that is easily accessed through the sliding doors. Venturing beyond the social heart of the condo, the rest of the home continues to unfold with thoughtful attention to detail. Awaiting your personal touch, the primary bedroom is an oasis of calm, offering a restful counterpoint to the lively urban backdrop. A second bedroom, versatile and inviting, stands ready to accommodate your lifestyle, whether as a guest room, office, or creative space. The nearby 4-piece bathroom echoes the unit’s overall harmony and was renovated with a designers influence in 2021, highlighted with a deep soaker tub, glass shower doors and ceiling height tile. This spa-like space is complete with a solid wood and granite covered vanity, porcelain floors, humidity sensing fan, and a lighted mirror! The new washer/dryer combo (2024) is conveniently located out of the way and near the generously sized front entrance. The airy interior is complemented by Engineered Hickory Floors, and all original doors were removed and transformed into walkways to create the open feel. Barn doors were installed on the bathroom and primary bedroom. There is a host of recent upgrades that speak to how well this unit has been maintained and render this to become a cherished living space. The unit comes with an oversized assigned parking spot with an electrical plug and large storage locker across the hallway from the unit entrance. The building is pet friendly - with Board approval…low condo fees! Positioned in one of Calgary's most desirable locales, this condo offers unparalleled access to the city's best - just a stone’s throw away from the vibrant 17th Avenue, and only steps away to the lively 4th street corridor. This condo is an invitation to indulge in the very best of Mission's dining and shopping experiences. More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 304 1730 5A Street SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2113719

    304 1730 5A Street SW Cliff Bungalow Calgary T2S 2E9
    Main Photo: 304 1730 5A Street SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2113719
    $357,500
    Residential
    Status:
    Active
    MLS® Num:
    A2113719
    Bedrooms:
    1
    Bathrooms:
    2
    Floor Area:
    759 sq. ft.
    Welcome to TWEED in the sought-out community of Cliff Bungalow. An impeccably crafted 759.1sqft apartment downtown Calgary that truly defines urban elegance. This unique dwelling, with a spacious open floor plan, is flooded with abundant natural light, reflecting off immaculate stainless-steel appliances and glossy granite countertops. The kitchen provides an intimate setting for cooking and conversation alike, perfect for entertainment. Off this kitchen is a 2PC powder room for your guests. A large living room with a fireplace perfect for a cozy evening or a vibrant night of friends. Step into the Primary bedroom, an oasis of tranquility, complemented by a large en-suite 5pcs bathroom and a large walk-in closet. A dedicated laundry enhances functionality while the outdoor entertaining area/private balcony invite effortless living. Enjoy unobstructed views from your balcony or living room of the Calgary tower. 1 titled underground parking is yours, so you don’t have to bother wiping snow off your windshield. The property's prime location ensures you're just steps away from shopping centers and an array of restaurant on famous 17 Ave. The apartment's potential for rental income increases its appeal for investors and homeowners alike. Call your favorite Realtor! This won’t last long. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 406 509 21 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2115834

    406 509 21 Avenue SW Cliff Bungalow Calgary T2S 0G9
    Main Photo: 406 509 21 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2115834
    $470,000
    Residential
    Status:
    Active
    MLS® Num:
    A2115834
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,117 sq. ft.
    Welcome to Mission Gate! This over 1,000 sq. ft. spacious condo is close to all the popular coffee shops & restaurants in Mission and historical 17th Ave area. This is the ideal location for those that appreciate the best that inner city Calgary has to offer. This freshly professional repainted and very clean 2-bedroom, 2 bath unit is located on the 4th floor (top floor) of Mission Gate - a CONCRETE & STEEL building. The feature that really adds value to this top floor apartment is the additional upstairs family room with a walkout to your own roof top patio to enjoy the summer with family and friends. The unit has a desirable layout with the two bedrooms separated by a good size living space to provide some privacy and complete with corner gas fireplace. The open concept plan is ideal for entertaining. Ample room exists for your dining room table so you can entertain guests in style. The kitchen offers maple cabinets and stainless-steel appliances with a gas stove. Breakfast bar easily accommodates seating for three. Off the kitchen is the laundry room with space for shelving and storage. From the living room, step through the French doors to your private south-facing balcony with natural gas hook-up. The primary bedroom has a walk-through closet connecting to a 3-piece ensuite bathroom. The second bedroom is spacious and bright next to the 4-piece bathroom. For all your extra gear, a storage locker is in the underground parking area. A titled parking stall is located steps away from the elevator access. Call for more information on this stunning property in the heart of the Mission/Cliff Bungalow District! More details
    Listed by MaxWell Capital Realty
    DIANE RICHARDSON
  • 516 19 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2102781

    516 19 Avenue SW Cliff Bungalow Calgary T2S 0E2
    Main Photo: 516 19 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2102781
    $800,000
    Residential
    Status:
    Active
    MLS® Num:
    A2102781
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    1,680 sq. ft.
    This lot is 1 part of a 3 lot sale! Here is a very rare opportunity to scoop up 3 boarding properties in one of the most sought areas of downtown Calgary. MISSION! The total length and depth of the combined properties are 100" x 120" giving you unlimited opportunities for redevelopment. Sitting on 19ave just off 4st gives quiet living yet steps from one of the trendiest streets in Calgary. All of the units on these 3 properties are rented currently giving you a handsome monthly income while plans are being drawn up as well. Call for details. Thanks More details
    Listed by RE/MAX Landan Real Estate
    DIANE RICHARDSON
  • 514 19 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2102779

    514 19 Avenue SW Cliff Bungalow Calgary T2S 0E2
    Main Photo: 514 19 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2102779
    $800,000
    Residential
    Status:
    Active
    MLS® Num:
    A2102779
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    1,680 sq. ft.
    This lot is 1 part of a 3 lot sale! Here is a very rare opportunity to scoop up 3 boarding properties in one of the most sought areas of downtown Calgary. MISSION! The total length and depth of the combined properties are 100" x 120" giving you unlimited opportunities for redevelopment. Sitting on 19ave just off 4st gives quiet living yet steps from one of the trendiest streets in Calgary. All of the units on these 3 properties are rented currently giving you a handsome monthly income while plans are being drawn up as well. Call for details. Thanks More details
    Listed by RE/MAX Landan Real Estate
    DIANE RICHARDSON
1-12/21
Data was last updated March 28, 2024 at 12:05 PM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.