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

Okotoks Homes for Sale Under $500K | Affordable Living

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103 Thorson Crescent
Okotoks Okotoks T1S 1C8

$465,000
Residential beds: 3 baths: 1.0 1,079 sq. ft. built: 1980

Main Photo: 103 Thorson Crescent in Okotoks: Detached for sale : MLS®# A2308418
Photo 1: 103 Thorson Crescent in Okotoks: Detached for sale : MLS®# A2308418
Photo 2: 103 Thorson Crescent in Okotoks: Detached for sale : MLS®# A2308418
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Photo 44: 103 Thorson Crescent in Okotoks: Detached for sale : MLS®# A2308418
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2308418
Bedrooms:
3
Bathrooms:
1
Year Built:
1980
Welcome to 103 Thorson Crescent, the kind of home that feels familiar the moment you pull up. Built in a time when homes were made to last, this sweet 3 bedroom bungalow sits in one of Okotoks’ most loved mature neighbourhoods, where the trees are tall, the lots are big, the neighbours still wave hello and kids can walk to the park just steps away. Siding onto a walking path that leads directly to green space, this is the kind of location first time buyers wait for. And the best part? The expensive updates are already done. Windows, roof, furnace and the hot water tank have all been replaced in recent years, plus there’s central A/C for those hot summer days. Inside, the home has been freshly painted with newer flooring throughout the main floor, making it clean, comfortable and move in ready from day one. The kitchen has been updated over the years, the appliances are newer, and there’s plenty of opportunity to slowly make the space your own over time. And I can't forget to mention the wood-burning fireplace! Outside, you’ll find a large yard with room for kids, dogs, gardens or future dreams. You’re within walking distance to the rec centre, Dr. Morris Gibson School, shopping and amenities, plus there’s easy access out to Calgary for commuters. Let’s be honest, homes under $500,000 in Okotoks are rare, especially detached homes in established neighbourhoods like this. If you’ve been trying to break into the market and wondering if home ownership is even possible anymore, this might just be your chance. It’s not perfect, but it’s solid, full of potential and ready for its next family to love it.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
Bungalow
Total Living Area:
1,079.22 sq. ft.
Below Grade Finished Area:
983.22 sq. ft.
Acreage:
No
Lot Area:
4,951 sq. ft.
Lot Frontage:
50'
Front Exposure:
South
Levels:
One
Total Rooms Above Grade:
6
Year built:
1980 (Age: 46)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
7910629
Heating:
Forced Air, Natural Gas
Basement:
Full, Unfinished, None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Wood Frame, Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Laminate
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Living Room, Mantle, Raised Hearth, Stone, Wood Burning
Garage:
No
Parking:
Off Street, Parking Pad
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Basement, Sink
Dishwasher, Dryer, Microwave, Refrigerator, Stove(s), Washer, Window Coverings
N/A
None Known
Floor
Type
Size
Other
Main Floor
Living Room
16' × 12'10"
Main Floor
Dining Room
10'8" × 7'2"
Main Floor
Kitchen
10'11" × 8'5"
Main Floor
Bedroom - Primary
12'1" × 10'4"
Main Floor
Bedroom
9' × 8'5"
Main Floor
Bedroom
12' × 9'
Floor
Ensuite
Pieces
Other
Main Floor
No
4
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby
Interior Features:
Breakfast Bar, Closet Organizers, Laminate Counters, See Remarks, Vinyl Windows
Exterior Features:
Fire Pit, Private Yard, Storage
Patio And Porch Features:
None
Lot Features:
Landscaped, Level, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Foothills County
Zoning:
TN
Listed Date:
May 07, 2026
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Listed by Real Broker
Data was last updated May 10, 2026 at 06:05 AM (UTC)
Area Statistics
Listings on market:
158
Avg list price:
$649,950
Min list price:
$199,900
Max list price:
$1,950,000
Avg days on market:
22
Min days on market:
1
Max days on market:
169
Avg price per sq.ft.:
$377.7
These statistics are generated based on the current listing's property type and located in Okotoks. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON

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.

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.