New Homes in Calgary Under $500,000 | Calgary new build homes under $500K New homes in Calgary under $500,000

Discover a variety of new homes in Calgary under $500,000, offering modern designs, energy-efficient features, and exceptional value. Whether you are a first-time homebuyer or looking for a budget-friendly upgrade, Calgary's real estate market has plenty to offer.

Explore Calgary new build homes under $500K, including affordable townhomes in Calgary’s vibrant neighborhoods, energy-efficient homes with smart technology, and stylish condos with open-concept layouts. These properties are designed to suit various lifestyles and budgets.

Calgary is home to an array of new developments, each offering proximity to top-rated schools, recreational facilities, and shopping centers. Whether you’re seeking a family-friendly community or a modern urban condo, Diane Richardson is here to assist you in navigating the Calgary real estate market and finding the perfect home under $500,000.

Contact Diane Richardson

Phone: 403.397.3706

Email: diane@mypadcalgary.com

Calgary New Build Homes Under $500K | Affordable Modern Living

New homes in Calgary under $500,000, Calgary new build homes under $500K

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  • 1211 14910 1 Street NW in Calgary: Livingston Apartment for sale : MLS®# A2234342

    1211 14910 1 Street NW Livingston Calgary T3P 2C7
    Main Photo: 1211 14910 1 Street NW in Calgary: Livingston Apartment for sale : MLS®# A2234342
    $224,900
    Residential
    Status:
    Active
    MLS® Num:
    A2234342
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    503 sq. ft.
    The Carr 2 is a 1-bedroom, 1-bath, offering 503 sq. ft. of thoughtfully designed living space. Features include stainless steel appliances and an upgraded kitchen equipped with quartz countertops, a full-height stylish backsplash, and soft-close cabinetry. The unit boasts 9-foot ceilings, extra-large double-pane windows, and 8-foot-wide patio doors that provide abundant natural light. In-suite laundry adds convenience. This home is ideally situated near walking trails, shopping centers, and Stoney Trail, ensuring easy access throughout the city. It also comes with a 5-year Alberta New Home Warranty for stress-free ownership. More details
    Listed by RE/MAX Real Estate (Mountain View)
    DIANE RICHARDSON
  • 1109 8500 19 Avenue SE in Calgary: Belvedere Apartment for sale : MLS®# A2228921

    1109 8500 19 Avenue SE Belvedere Calgary T2A 0M8
    Main Photo: 1109 8500 19 Avenue SE in Calgary: Belvedere Apartment for sale : MLS®# A2228921
    $250,000
    Residential
    Status:
    Active
    MLS® Num:
    A2228921
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    536 sq. ft.
    Welcome to East Hills Crossing by Minto Communities—where modern living meets thoughtful design. This ONE-bedroom + DEN condo is crafted for those who value space, style, and convenience. Step outside onto your spacious OVERSIZED SOUTH-facing patio (22'7 x 7'5), bathed in natural light—perfect for morning coffee or evening relaxation. Enjoy the ease of TITLED underground parking (no more winter snow scraping!) and a private TITLED storage locker for seasonal gear, sports equipment, or extra belongings. At East Hills Crossing, convenience is key. The building features a vibrant ROOFTOP PATIO and a PARTY ROOM with a kitchenette, offering breathtaking views of the city skyline and the Rocky Mountains. Just steps away, East Hills Shopping Centre puts groceries, dining, and entertainment right at your doorstep. Designed for versatility, each unit blends contemporary elegance with practical living, making it ideal for any lifestyle. Whether you're starting out, downsizing, or simply seeking a low-maintenance home, this condo delivers sophistication and comfort in one exceptional package. Your new life at East Hills Crossing awaits—where every detail is designed with you in mind. Ready for immediate possession! More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 844 Arbour Lake Road NW in Calgary: Arbour Lake Row/Townhouse for sale : MLS®# A2235052

    844 Arbour Lake Road NW Arbour Lake Calgary T3G 0H6
    Main Photo: 844 Arbour Lake Road NW in Calgary: Arbour Lake Row/Townhouse for sale : MLS®# A2235052
    $257,999
    Residential
    Status:
    Active
    MLS® Num:
    A2235052
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    593 sq. ft.
    Discover the Metro Studio 18—an exceptional townhome with incredible rental potential. Whether you're downsizing, rightsizing, or investing, this townhome strikes the perfect balance between space and value, ensuring you don't have to compromise on comfort or luxury. Strategically located near the C-Train station, this property offers unparalleled convenience for tenants, students, and working professionals providing quick access to downtown Calgary, the university, and everything in between. This meticulously designed townhome combines style and function to attract a variety of renters, from professionals to students. The spacious living room, oversized island kitchen, and laundry room create a comfortable and practical living space, while the luxurious primary suite with a walk-in closet adds a touch of elegance. Situated in the highly sought-after Arbour Lake community—Northwest Calgary’s only lake community—this property offers renters access to year-round recreational amenities. Swimming, boating, fishing, ice skating, and community events make it a vibrant and desirable neighborhood to live in. Investors: Don’t miss this chance to grow your investment portfolio with a property perfectly positioned to generate high rental income. Contact us today to request a detailed ROI information package and explore the earning potential of this incredible home. More details
    Listed by KIC Realty
    DIANE RICHARDSON
  • 1010 1319 14 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2188162

    1010 1319 14 Avenue SW Beltline Calgary T3C 0W3
    Main Photo: 1010 1319 14 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2188162
    $259,000
    Residential
    Status:
    Active
    MLS® Num:
    A2188162
    Bathrooms:
    1
    Floor Area:
    355 sq. ft.
    If you're looking for a new asset with the potential for cash flow, this studio condo in NUDE by Battistella is it. Located on the west side of the Beltline - where new builds are rare - this 2024-built condo checks the boxes for short-term and long-term rental income. Inside, you’ll find the design today’s renters want: cool & modern aesthetic, 9.5ft exposed concrete ceilings, polished concrete floors, and floor-to-ceiling windows showcasing stunning views of the downtown skyline and Calgary Tower. The open-concept layout is compact and efficient, with in-suite laundry, a full 4-piece bathroom, central A/C and a balcony complete with a gas hookup. There are also rooftop social spaces: kitchen, bathroom, games room with pool table, and 360° city views - big perks for guest experiences and listing photos. The building is Airbnb and short-term rental compliant and only steps from the Sunalta C-Train station. The area has a strong rental demand and a low vacancy rate (~2.5%). It’s very well-managed by a reputable company and constructed by Battistella, a trusted local boutique developer known for quality builds. Whether you self-manage or use a management company, this unit is plug-and-play for Airbnb or long-term leases. Turn the key and start generating income! More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • #217 140 Mahogany Street SE in Calgary: Mahogany Apartment for sale : MLS®# A2240891

    #217 140 Mahogany Street SE Mahogany Calgary T3M 4E1
    Main Photo: #217 140 Mahogany Street SE in Calgary: Mahogany Apartment for sale : MLS®# A2240891
    $259,900
    Residential
    Status:
    Active
    MLS® Num:
    A2240891
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    549 sq. ft.
    OPEN HOUSE JULY 19 1:00PM - 3:00PM Step Into Comfort & Convenience In The Heart Of Mahogany. Welcome to your cozy 1-bedroom, 1-bath retreat in the sought-after Sandgate at Mahogany. Located on the 2nd floor, this home offers the perfect balance of accessibility and privacy — ideal for first-time buyers, downsizers, or investors. Inside, you’ll find modern finishes throughout — from quartz countertops and luxury vinyl plank flooring in the main living area, to brand new Whirlpool stainless steel appliances in the well-designed kitchen with upper cabinets. The open-concept layout flows into your private balcony overlooking the courtyard, perfect for relaxing evenings or weekend BBQs thanks to the built-in gas line. The bedroom features soft carpeting, a walk-through closet, and direct access to a semi-ensuite bath. Plus, enjoy the bonus of a separate laundry/storage room with stackable washer and dryer — a rare and practical feature. Living at Sandgate means more than just a home — it’s a lifestyle. Enjoy exclusive access to the Mahogany Beach Club, where you can paddleboard, swim, fish, and unwind by the lake. Walk to nearby parks, beaches, playgrounds, cafes, shops, and fitness studios in vibrant Westman Village. Pet-friendly, close to transit, schools, daycare and everyday essentials — everything you need is truly at your doorstep. This is more than just a condo. It’s your place to live well, right by the lake. More details
    Listed by MaxWell Canyon Creek
    DIANE RICHARDSON
  • 6102 20295 SETON Way SE in Calgary: Seton Apartment for sale : MLS®# A2223936

    6102 20295 SETON Way SE Seton Calgary T3M 3Y9
    Main Photo: 6102 20295 SETON Way SE in Calgary: Seton Apartment for sale : MLS®# A2223936
    $264,900
    Residential
    Status:
    Active
    MLS® Num:
    A2223936
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    567 sq. ft.
    SETON SERENITY, one of Calgary's most sought-after developments. BUILT BY CEDARGLEN LIVING, WINNER OF THE CustomerInsight BUILDER OF CHOICE AWARD, 5 YEARS RUNNING! You’ll feel right at home in this spacious 567.13 RMS sq.ft. (629 sq.ft. builder size) 1 bed, 1 bath unit with open plan (B UNIT), 9' ceilings, LVP flooring & carpets in the bedroom. The kitchen is fully equipped with full-height cabinets, over the range microwave hood fan, quartz counters, undermount sink, S/S appliances and a pantry. The spacious bedroom has a sizeable walk-in closet. The 4 pc bathroom includes quartz counters, undermount sink and a tub/shower combo. Nearby is the oversized laundry/storage room. Amazing patio with gas line hook up, the perfect place to relax in the summer. A surface stall completes this beautiful unit. There are many bespoke amenities outside your front door, so park the car and put on your walking shoes. The LARGEST YMCA IN THE WORLD and the SETON HOA is just around the corner. SOUTH HOSPITAL, shopping, restaurants and cafes are all just a short stroll away. PET & RENTAL FRIENDLY COMPLEX. VIRTUAL TOUR AVAILABLE! More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 212 40 Livingston Parade NE in Calgary: Livingston Row/Townhouse for sale : MLS®# A2209640

    212 40 Livingston Parade NE Livingston Calgary T3P 2K4
    Main Photo: 212 40 Livingston Parade NE in Calgary: Livingston Row/Townhouse for sale : MLS®# A2209640
    $269,000
    Residential
    Status:
    Active
    MLS® Num:
    A2209640
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    533 sq. ft.
    The Braeburn floorplan is a beautifully compact 1-bedroom, 1-bathroom townhome built for comfort and efficiency. This home will be built to the 2030 and beyond building code, including superior insulation, triple-pane windows, and advanced construction techniques to reduce energy costs and boost comfort. Inside, enjoy a modern kitchen with full appliances and an eating counter that flows into a stylish living area — perfect for relaxing or entertaining. A separate bedroom offers a quiet retreat, while the adjacent bathroom includes quality fixtures and finishes. Step outside to your private outdoor space, ideal for morning coffee or evening downtime. Thoughtfully designed and affordably priced, ZEN Livingston one-bedrooms cost less than similarly sized condo apartments — and come with lower condo fees. Smart, efficient, and perfect for first-time buyers. Photos are representative. More details
    Listed by Bode Platform Inc.
    DIANE RICHARDSON
  • 1303 681 Savanna Boulevard NE in Calgary: Saddle Ridge Apartment for sale : MLS®# A2238196

    1303 681 Savanna Boulevard NE Saddle Ridge Calgary T3J 5N9
    Main Photo: 1303 681 Savanna Boulevard NE in Calgary: Saddle Ridge Apartment for sale : MLS®# A2238196
    $269,900
    Residential
    Status:
    Active
    MLS® Num:
    A2238196
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    569 sq. ft.
    Welcome to your new home in the vibrant community of Savanna in NE Calgary! This beautifully designed 1-Bedroom, 1-Bathroom condo offers 568 square feet of modern, open-concept living—perfect for first-time buyers, investors, or anyone looking to downsize without sacrificing style or function. Enjoy a spacious living room that flows seamlessly into a contemporary kitchen featuring stainless steel appliances, a large island with breakfast bar seating, and sleek finishes throughout. The primary bedroom includes a walk-in closet and direct access to a 4-piece bathroom, providing comfort and convenience. Additional features include in-suite laundry, a private balcony. Additionally this building has a main floor lobby and fitness centre. Also included is a titled parking stall, close to the entrance. Located along Savanna Boulevard, this unit offers quick access to Sky Point Landing, green spaces, shopping, and essential amenities. With easy access to Stoney Trail and Deerfoot Trail, commuting across the city is a breeze. Don’t miss out on this affordable, stylish, and move-in-ready condo in a thriving Calgary neighborhood! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 109 140 Mahogany Street SE in Calgary: Mahogany Apartment for sale : MLS®# A2232124

    109 140 Mahogany Street SE Mahogany Calgary T3M 0T2
    Main Photo: 109 140 Mahogany Street SE in Calgary: Mahogany Apartment for sale : MLS®# A2232124
    $270,000
    Residential
    Status:
    Active
    MLS® Num:
    A2232124
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    550 sq. ft.
    ** Open House | Saturday, July 26, 2025 from 2:00 PM - 4:00 PM ** Live where every day feels like a getaway. Welcome to Sandgate in Mahogany. This ground-floor 1-bedroom, 1-bath unit offers rare direct street access—perfect for pet owners or anyone who values ease and convenience. Inside, enjoy 9’ knockdown ceilings, quartz countertops, 42” upper cabinets, Whirlpool stainless steel appliances, and in-suite laundry with extra storage. The kitchen connects to a central dining area and open living space, leading out to a private patio with a BBQ gas line. The spacious bedroom includes a walk-through closet with cheater access to the 4-piece bath. This home is designed for comfort and function, ideal for first-time buyers, downsizers, or investors. The building features a fitness studio, guest suite, and is pet-friendly. Located steps from Mahogany Lake, Westman Village, restaurants, shopping, scenic pathways, dog parks, playgrounds, and Central Park’s splash pad and community events. The best of lake living is right outside your door. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 105 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2242701

    105 135 Mahogany Parade SE Mahogany Calgary T3M 2J9
    Main Photo: 105 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2242701
    $270,000
    Residential
    Status:
    Active
    MLS® Num:
    A2242701
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    600 sq. ft.
    The Braeburn floorplan is a beautifully compact one-bedroom, one-bathroom townhome designed for comfort and efficiency. Built to Avalon’s Net Zero Advantage standards, it features superior insulation, triple-pane windows, and advanced construction techniques that keep energy costs low and comfort high. Inside, you'll find a fully equipped kitchen with modern appliances and a convenient eating counter connected to a stylish living area perfect for relaxation or entertaining. The separate bedroom offers a peaceful retreat, and the adjacent bathroom boasts quality fixtures and finishes. This home also includes an outdoor living space, extending your living area and providing the perfect morning coffee or evening relaxation spot. Every square foot of this home is thoughtfully designed to maximize functionality, energy efficiency and style. Photos are representative. More details
    Listed by Bode Platform Inc.
    DIANE RICHARDSON
  • 1113 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2229395

    1113 135 Mahogany Parade SE Mahogany Calgary T3M 2J9
    Main Photo: 1113 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2229395
    $270,500
    Residential
    Status:
    Active
    MLS® Num:
    A2229395
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    548 sq. ft.
    The Braeburn floorplan is a beautifully compact one-bedroom, one-bathroom townhome designed for comfort and efficiency. ZEN townhomes feature superior insulation, triple-pane windows, and advanced construction techniques that keep energy costs low and comfort high. Inside, you'll find a fully equipped kitchen with modern appliances and a convenient eating counter connected to a stylish living area perfect for relaxation or entertaining. The separate bedroom offers a peaceful retreat, and the adjacent bathroom boasts quality fixtures and finishes. This home also includes an outdoor living space, extending your living area and providing the perfect morning coffee or evening relaxation spot. The Braeburn offers a smart, efficient introduction to homeownership. Every square foot of this home is thoughtfully designed to maximize functionality, energy efficiency and style. Photos are representative. More details
    Listed by Bode Platform Inc.
    DIANE RICHARDSON
  • 2212 430 Sage Hill Road NW in Calgary: Sage Hill Apartment for sale : MLS®# A2216527

    2212 430 Sage Hill Road NW Sage Hill Calgary T3R 1Y4
    Main Photo: 2212 430 Sage Hill Road NW in Calgary: Sage Hill Apartment for sale : MLS®# A2216527
    $274,900
    Residential
    Status:
    Active
    MLS® Num:
    A2216527
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    536 sq. ft.
    This home showcases a modern designer exterior with premium, hail-resistant, and sound-dampening fibre cement siding. Inside, enjoy 9' knockdown ceilings and luxury vinyl plank flooring throughout. The kitchen features maple dovetail cabinet boxes with soft-close doors and drawers, quartz countertops, a full-height backsplash, and stainless steel appliances including a fridge, smooth-top self-cleaning range, and over-the-range microwave with hood fan. Quartz countertops continue in the bathrooms, and a stacked washer and dryer are included. The spacious balcony with a gas line is ideal for summer BBQs. A $10,000 upgrade allowance and a personalized consultation with Logel Homes’ in-house interior designer are included, allowing you to customize finishes to suit your style. Located near shopping, dining, major highways, and an extensive network of walking and bike paths, this exceptional property is also backed by Alberta New Home Warranty coverage, making it the perfect place to call home. More details
    Listed by RE/MAX Real Estate (Mountain View)
    DIANE RICHARDSON
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Data was last updated August 1, 2025 at 06:05 PM (UTC)

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