Okotoks Homes for Sale Under $500K | Affordable Real Estate Okotoks Homes for Sale Under $500K

Discover a variety of Okotoks homes for sale under $500K, perfect for families, first-time buyers, or those seeking affordable real estate options. With a wide selection of properties, including family-friendly homes in Okotoks under $500,000, you can find your dream home in a vibrant and welcoming community.

Many of these homes are located near parks, schools, and shopping centers, offering the convenience of urban living in a small-town setting. Whether you're searching for starter homes for sale in Okotoks Alberta or modern houses with large backyards, there are plenty of options to suit your needs and lifestyle.

Okotoks real estate under $500,000 includes a mix of charming older homes and newer builds with contemporary designs. Start your home-buying journey today and explore what this dynamic community has to offer.

Contact Diane Richardson

Phone: 403.397.3706

Email: diane@mypadcalgary.com

Explore a Diverse Selection of Okotoks Homes for Sale - From Condos to High-End Properties

  1. Entry-level Okotoks condos: These are typically the most affordable condos in the area, and can include smaller units in older buildings. Prices for entry-level condos in Okotoks can start around $150,000 - $300,000.
  2. Mid-range Okotoks condos: These are typically larger units, with more bedrooms and bathrooms, and can include newer buildings with more amenities. Prices for mid-range condos in Okotoks Condos for sale can range from around $300,000 - $500,000.
  3. Okotoks Townhomes: These are attached homes that are typically two or three stories tall. They are often a more affordable option than single-family homes and offer a lower maintenance lifestyle.
  4. Okotoks Entry-level homes: These are typically the most affordable homes in the area, and can include smaller condos, townhouses and single-family homes. Prices for entry-level homes in Okotoks can start around $200,000 - $400,000.
  5. Okotoks Mid-range homes: These are typically larger homes, with more bedrooms and bathrooms, and can include single-family homes and townhouses. Prices for mid-range homes in Okotoks can range from around $400,000 - $800,000.
  6. Okotoks Luxury homes: These are the most expensive homes in the area and can include large single-family homes, custom-built homes, and luxury condos. Prices for luxury homes in Okotoks can start around $800,000 and go up to several millions.

Here are a few ways to make it easy for you to get in touch with Diane Richardson:

  1. 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.

  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.

  4. 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.

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  • 109 Downey Place: Okotoks Detached for sale : MLS®# A2240734

    109 Downey Place Okotoks Okotoks T1S 1H3
    OPEN HOUSE: Jul 20, 2025
    11:00 AM - 02:00 PM MDT
    Open House on Sunday, July 20, 2025 11:00AM - 2:00PM
    Main Photo: 109 Downey Place: Okotoks Detached for sale : MLS®# A2240734
    $700,000
    Residential
    Status:
    Active
    MLS® Num:
    A2240734
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,822 sq. ft.
    **OPEN HOUSE SUNDAY July 20th from 11:00 am to 2:00 pm** The Perfect Blend of Flexibility, Function, and Location This fully developed 4-level split is ideally situated on a quiet outer corner of a cul-de-sac in the highly desirable community of Downey in Okotoks. Just steps from the Recreation Centre and within easy walking distance to schools, parks, and shopping, this home offers unmatched convenience, income potential, and versatile living space for growing families or home-based professionals. Set on a premium side lot with no neighbours on one side and extra parking, the property offers both exceptional privacy and curb appeal. Inside, the bright and airy main floor impresses with vaulted ceilings over the open-concept kitchen and living area, creating a warm and inviting atmosphere. The kitchen is an entertainer’s dream with a large island, double ovens, and direct access to a private side deck—ideal for morning coffee or summer BBQs. Upstairs, the spacious primary bedroom features a full ensuite with steam shower, complemented by two additional bedrooms and a 4-piece main bath. The lower two levels are currently configured as a self-contained mother-in-law suite with a separate rear entrance (walk-out), cozy living area with fireplace, sink, and laundry—perfect for multi-generational living or as a mortgage-helper rental unit. Prefer to keep the home as one? The layout can easily be opened back up for single-family living. A dedicated home office or studio with its own private entrance offers an ideal setup for a small business or client-facing workspace, keeping work and home life seamlessly separate. Step outside to a lush, landscaped backyard with mature trees for shade, a large deck, concrete patio, and gas line for BBQ—perfect for relaxing or entertaining with family and friends. Additional features include a double attached garage and ample storage throughout. Whether you're looking for flexibility, rental income, work-from-home potential, or simply room for your family to grow, this home delivers. Don't miss your chance—book your private showing today! More details
    Listed by CIR Realty
    DIANE RICHARDSON
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Data was last updated July 20, 2025 at 04:05 AM (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.