Affordable SW Calgary Homes for Sale Under $500,000 - Houses, Condos, Townhomes

Looking for a great deal on a home in Southwest Calgary? You've come to the right place! Our website features a comprehensive list of SW Calgary homes for sale under $500,000, including houses, condos, and townhomes. Whether you're a first-time buyer, downsizing, or looking for an investment property, we've got you covered. Our user-friendly search tools make it easy to find the perfect property to fit your needs and budget. Start your search today and discover all that Southwest Calgary has to offer. If you're interested in buying a home in Calgary SW, contact me by email Diane Richardson or if you prefer call 403.397.3706 or live chat today.

The Latest Selection Of Calgary Homes Under $500,000

Houses, Condos, & Townhomes for Sale Under $500K in SW Calgary

SW CALGARY HOMES FOR SALE PRICED UNDER 500,000, SW CALGARY HOMES FOR SALE UNDER $500k

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  • 301 510 6 Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2239657

    301 510 6 Avenue SE Downtown East Village Calgary T2G 1L7
    Main Photo: 301 510 6 Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2239657
    $440,000
    Residential
    Status:
    Active
    MLS® Num:
    A2239657
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    920 sq. ft.
    Welcome to Unit 301 at Evolution in the East Village. Experience an urban lifestyle with a variety of dining, shopping, and entertainment options right outside your door in the heart of the East Village. Enjoy scenic riverfront pathways, parks, dog parks, and convenient public transit, along with spectacular city skyline views from your balcony. This 2-bedroom, 2-bathroom plus den unit features a contemporary interior with modern finishes and floor-to-ceiling windows that flood the space with natural light. The open-concept layout is perfect for hosting guests. The chef-inspired kitchen boasts high-end stainless steel appliances, granite countertops and backsplash, ample cabinet space, and a large breakfast bar with seating. For added convenience, this unit includes central air, in-suite laundry and extra storage. Each bedroom offers stunning views of downtown. The primary bedroom features a large walk-in closet and a 4-piece ensuite with granite countertops. The main bathroom includes a fully tiled shower. Evolution Condos offers a range of modern amenities, including a gym, saunas, steam room, concierge service, a party room, an outdoor patio with a barbecue area, a secured heated underground parking stall, and a dedicated storage locker. The building is equipped with concierge and security services. This is city living at its finest. Book a viewing today! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 10829 5 Street SW in Calgary: Southwood Semi Detached (Half Duplex) for sale : MLS®# A2239431

    10829 5 Street SW Southwood Calgary T2W 1W5
    Main Photo: 10829 5 Street SW in Calgary: Southwood Semi Detached (Half Duplex) for sale : MLS®# A2239431
    $459,000
    Residential
    Status:
    Active
    MLS® Num:
    A2239431
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    860 sq. ft.
    Great Location in Southwood! This bi-level half duplex offers 2 spacious bedrooms and no condo fees—perfect for first-time buyers or investors. The main floor features beautiful bamboo hardwood flooring, a bright living room with access to a private balcony, and two generously sized bedrooms. The partially developed basement includes an additional bedroom, a cozy family room, and a half bathroom. A fantastic opportunity in a desirable area located close to the C-train station and quick access to Macleod Trail for all your daily amenities. ***SEE VIRTUAL TOUR*** Book your appointment with your favorite agent now! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 45 Cedarview Mews SW in Calgary: Cedarbrae Row/Townhouse for sale : MLS®# A2239989

    45 Cedarview Mews SW Cedarbrae Calgary T2W 6H8
    Main Photo: 45 Cedarview Mews SW in Calgary: Cedarbrae Row/Townhouse for sale : MLS®# A2239989
    $429,900
    Residential
    Status:
    Active
    MLS® Num:
    A2239989
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,254 sq. ft.
    Welcome to this beautiful townhome in the desireable complex of Cedarview Mews. This lovely unit has had LVP added thru out the main floot that offerrs a welcoming foyer from your front pprch , a large white klitchen and open concept livning room with gas fireplace and a dining room with sliding doors to the south deck. Up the carpeted stiars there are 2 master bedrooms bot with ensuites. The lower level is fully finished with a large rec room, storage and tthe utility room. a single attatched garage completes the unit. Central Ac has been added for your year round comfort. This unit is close to shopping, resturants, and public transporation More details
    Listed by Royal LePage Benchmark
    DIANE RICHARDSON
  • 123 Woodsman Lane SW in Calgary: Woodbine Row/Townhouse for sale : MLS®# A2239756

    123 Woodsman Lane SW Woodbine Calgary T2W 4Z5
    Main Photo: 123 Woodsman Lane SW in Calgary: Woodbine Row/Townhouse for sale : MLS®# A2239756
    $445,000
    Residential
    Status:
    Active
    MLS® Num:
    A2239756
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,102 sq. ft.
    Welcome to the beautiful community of Woodbine. This 2-bedroom plus loft end-unit townhouse has been completely renovated, starting with a brand-new front door and a custom front door closet. New windows with custom blinds throughout plus Argon gas (to reduce heat) for the south-facing patio doors and primary bedroom windows along with blackout blinds. New paint throughout the interior of the unit. New kitchen cupboards, quartz countertops, Spanish tiled backsplash, Blanco sink and faucet. Shelf Genie pullout drawer system for L-shaped bottom cupboards and lower cupboards left of the stove, as well as a pull-out drawer under the sink in the ½ bathroom on the main floor. New gas stovetop and oven. Reverse Osmosis water filter system as well as a fridge, dishwasher and custom pantry to complete the kitchen. German-engineered hardwood on the main floor and LVP on the staircase and throughout the 2nd floor. New ceiling fan in the primary bedroom and upstairs landing. Upgraded lighting throughout. This is a smart home with a Nest Doorbell, Air Things and a remote thermostat. Basement includes an Oak bar and overhead wine rack, a new bar faucet as well as a cozy recreation room where you can sit and enjoy watching your favourite show. New: Water Softener, Radon system, Air Conditioner and high efficiency Furnace all with a transferable warranty. Outside you will find a new Fiberon Deck and a maintenance-free fenced backyard to enjoy on your warm summer evenings. This is a must-see, turnkey property that is ready to move in. Call your favourite realtor for viewings. This won’t last long. More details
    Listed by Royal LePage Mission Real Estate
    DIANE RICHARDSON
  • 211 31 Avenue NE in Calgary: Tuxedo Park Detached for sale : MLS®# A2237048

    211 31 Avenue NE Tuxedo Park Calgary T2E 2G1
    Main Photo: 211 31 Avenue NE in Calgary: Tuxedo Park Detached for sale : MLS®# A2237048
    $530,000
    Residential
    Status:
    Active
    MLS® Num:
    A2237048
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    676 sq. ft.
    INVESTOR ALERT! Beautiful bungalow nestled in Tuxedo Park. This well-maintained bungalow is situated on a spacious 4508 sqft rectangular lot. With 3 bedrooms and 2 full bathrooms, this home features two separate living units (illegal suite), one on each level. Recent upgrades include two new furnaces and two hot water tanks 2020, basement bathroom and kitchen 2020, new exterior upper unit front and back staircases, new roof 2018. The upper level has two separate private entrances (front and back), newer kitchen cabinets and backsplash, bright main floor has a functional layout with large living area, kitchen with eating nook, 2 spacious bedrooms, and a 4pc bath. The large windows allow for plenty of natural light. The illegal BASEMENT SUITE has two separate private entrances (front and back walk-up to grade), also boasts a sizable living area, large windows throughout allowing ample natural light, a spacious bedroom, upgraded bathroom and kitchen with eating nook. Laundry room has a separate entrance for each unit (upper unit exterior entrance in back), and separate unit connections for washer/dryer, there are also separate utility meters for each unit. The large south facing fenced backyard provides plenty of recreation space, a concrete patio, two large storage sheds providing plenty of storage, and parking stalls (2-4 depending on size of vehicles). Steps from parks, Tuxedo Corner Playground, Balmoral Circus Park, Tuxedo Park Community Association, greenspaces, retail shopping, Safeway, restaurants, The Italian Supermarket, Peter’s Drive-in, and City transit. This incredible opportunity won’t last, schedule your viewing today! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 506 3316 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2236794

    506 3316 Rideau Place SW Rideau Park Calgary T2S 1Z4
    Main Photo: 506 3316 Rideau Place SW in Calgary: Rideau Park Apartment for sale : MLS®# A2236794
    $480,000
    Residential
    Status:
    Active
    MLS® Num:
    A2236794
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,120 sq. ft.
    Presenting unit 506 in the Rutland House, part of the prestigious Rideau Towers! Located on the southeast corner of the building on the 5th floor with unobstructed views, this unit features over 1100 sq ft of living space with 2 bedrooms and 1.5 bathrooms - a very rare floor plan in these buildings. Highlighted by an enormous south facing balcony, this unit is for those who love the sunlight! A well-maintained space with an open floor plan and views both south and east towards the Stampede ground and the edge of downtown. The spacious primary bedroom, which has separation from the main living room area has a walk-in closet and a south-facing window. The additional second bedroom provides flexibility for a home office or guest room. The 4-piece bathroom has been updated with tile flooring, floor the ceiling stonework, and a vanity with lots of storage. The kitchen features stainless steel appliances and nice east facing window letting in the morning sun. Rutland House is an impeccably-maintained residence – owners enjoy use of the pool (small annual fee) as well as the party room in the lower level, along with the incredible views and ample sunlight. It is a completely smoke-free building (inside and out). Perched atop the hill in Rideau Park, safe from any flood risk, this is a perfect opportunity for someone looking to downsize out of a larger home in the community. Walk to the Glencoe Club, Mission, the Elbow River pathways, and many parks and green spaces. There is a greenspace directly outside the building, and it’s right across the street from a huge park as well as Princess Obolensky Park, with beautiful views of the Elbow River valley. Minutes from downtown and with easy access to Macleod Trail, you are nestled in a quiet, prestigious, and safe community, while being close to everything you might need. Unit has an approved window AC unit, which is rare for this building. This unit can be purchased along with neighbouring unit 507 to potentially combine units into one larger unit. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 610 38 9 Street NE in Calgary: Bridgeland/Riverside Apartment for sale : MLS®# A2239537

    610 38 9 Street NE Bridgeland/Riverside Calgary T2E 7X9
    Main Photo: 610 38 9 Street NE in Calgary: Bridgeland/Riverside Apartment for sale : MLS®# A2239537
    $479,900
    Residential
    Status:
    Active
    MLS® Num:
    A2239537
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    922 sq. ft.
    Welcome to the vibrant community of Bridgeland. Walking distance to Downtown, Calgary Zoo, Restaurants, Parks, and pathways for long walks and bicycle rides. This well-managed condo complex has lots to offer, including a Gym, Courtyard, Community BBQ, and more. The building entrance is 1 minute walking distance to the LRT through the crossover bridge! This modern, freshly painted 2-bedroom unit has 1 heated underground titled parking and separate heated storage. The Master bedroom has stunning views of Downtown with an ensuite bath and a large second bedroom with city views and a second full bath—open-concept living space. The modern kitchen comes with upgraded built-in appliances, a gas range, a microwave oven, a hood fan, lots of cupboard space, quartz countertops, and an island with seating extension ready to entertain, a dining area, and the bright living room offers large windows overlooking city views. The Urban kitchen boasts a 5-burner gas stove, hood fan, microwave oven, a bottom freezer fridge, and plenty of cupboard space. This unit shows 10 out of 10. Call for a private showing. More details
    Listed by KIC Realty
    DIANE RICHARDSON
  • 207 Deerview Way SE in Calgary: Deer Ridge Row/Townhouse for sale : MLS®# A2239370

    207 Deerview Way SE Deer Ridge Calgary T2J 6B4
    Main Photo: 207 Deerview Way SE in Calgary: Deer Ridge Row/Townhouse for sale : MLS®# A2239370
    $475,000
    Residential
    Status:
    Active
    MLS® Num:
    A2239370
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    892 sq. ft.
    Renovated Bungalow with No Condo Fees! Welcome to this beautifully updated end-unit bungalow in a quiet triplex, offering the perfect blend of style, comfort, and convenience, without the burden of condo fees. This turnkey home features brand-new carpet and fresh paint throughout, creating a bright and modern feel. The kitchen shines with new black stainless steel appliances, ideal for everyday living and entertaining. Enjoy soaring vaulted ceilings, a spacious front deck perfect for gatherings, and the comfort of central air conditioning. Smart home features add convenience and efficiency, while the fully finished basement provides a versatile living space. Outside, you’ll find a new storage shed for all your seasonal and gardening needs. Situated on a peaceful street just minutes from schools, shopping, public transit, and the natural beauty of Fish Creek Park, this home is a rare find. Don’t miss your chance to own this stylish and move-in-ready gem! More details
    Listed by Century 21 Bamber Realty LTD.
    DIANE RICHARDSON
  • 402 240 11 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2238209

    402 240 11 Avenue SW Beltline Calgary T2R 0C3
    Main Photo: 402 240 11 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2238209
    $485,000
    Residential
    Status:
    Active
    MLS® Num:
    A2238209
    Bedrooms:
    1
    Bathrooms:
    2
    Floor Area:
    915 sq. ft.
    Experience historic charm blended with modern luxury in this unique 4th-floor corner unit in the iconic Lewis Lofts, located in Calgary’s vibrant Beltline district. Offering open-concept living with wide open ceilings, exposed brick and concrete, private balcony, and an arched accent window that showers the room with natural light. The beautifully updated kitchen features stone countertops, stainless steel appliances including a gas range, perfect for cooking and entertaining. The living area showcases hardwood floors, a gas fireplace, and views of downtown Calgary. Stylish barn doors hide the in-suite laundry and half bath. The bedroom offers privacy and character, complete with walk in closet and spa-like bathroom. Enjoy an underground parkade, storage unit, and access to a shared outdoor Roof Garden with gazebo and BBQ. Pet-friendly and professionally managed, Lewis Lofts is steps from all the best places, transit, shops, restaurants, Stampede Park, and more. Own a piece of Calgary’s history. This building is adult only living. Book your showing for Unit 402 today! More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 905 519 Riverfront Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2239340

    905 519 Riverfront Avenue SE Downtown East Village Calgary T2G 1K6
    Main Photo: 905 519 Riverfront Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2239340
    $434,950
    Residential
    Status:
    Active
    MLS® Num:
    A2239340
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    906 sq. ft.
    Modern 2-Bed, 2-Bath Urban condo in the Heart of East Village – Move-In Ready! Step into sophisticated city living with this sun-filled, 2-bedroom, 2-bathroom condo in one of Calgary’s most dynamic downtown communities. Designed with an open-concept layout and floor-to-ceiling windows, this contemporary unit offers vinyl plank flooring and an abundant natural light and a seamless flow from room to room. The gourmet kitchen is a standout feature—complete with stainless steel appliances, gas range, and an oversized Quartz peninsula counter with breakfast bar, perfect for entertaining or casual dining. The spacious living area creates a peaceful and inviting setting to unwind or host guests. The primary suite includes a ensuite bath with granite counter and soaker tub, adding comfort and convenience to your daily routine. Designer finishes throughout elevate the space with timeless elegance. Building amenities include, Fully equipped fitness centre, Stylish social/amenities room, Landscaped private courtyard, Concierge service & 24-hour security. Bonus: Includes assigned parking stall and secure storage locker. Live steps from the Bow River pathways, top-tier cafes, breweries, restaurants, and Calgary’s cultural hotspots like the National Music Centre and Central Library, —all in the vibrant East Village. Whether you're a first-time buyer, downsizer, or investor, this unit offers style, functionality, and unbeatable location. Don’t miss this opportunity—urban living doesn’t get better than this! Book your viewing today! More details
    Listed by RE/MAX Realty Professionals
    DIANE RICHARDSON
  • 403 1540 17 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2237584

    403 1540 17 Avenue SW Sunalta Calgary T2T 0C8
    Main Photo: 403 1540 17 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2237584
    $424,900
    Residential
    Status:
    Active
    MLS® Num:
    A2237584
    Bedrooms:
    1
    Bathrooms:
    2
    Floor Area:
    1,093 sq. ft.
    Experience luxury, volume, and privacy in this rare top-floor, lofted penthouse in Sunalta. Spanning 1,092 sq ft over two levels, this one-bedroom + loft + den layout features soaring 17-foot vaulted ceilings, skyline views, and two private outdoor spaces—including a massive rooftop patio ideal for entertaining or quiet evenings under the stars. The open-concept kitchen is fully renovated with granite counters, stainless steel appliances, island seating, and custom cabinetry. Enjoy two full bathrooms, a main-level den/flex space, and a dramatic second-floor loft perfect for a second bedroom, creative studio, or media retreat. Stay comfortable year-round with the newer high-efficiency furnace and central A/C installed in 2023. The unit includes in-suite laundry, smart thermostat, hardwood floors, and a titled underground parking stall. Located in a quiet, well-managed building with secure access and low condo fees. Walk to Sunalta LRT, 17th Ave restaurants, bike paths, and downtown core in minutes. This is inner-city living with volume, privacy, and finishings rarely seen under $500K. Flexible possession. Move-in ready and ready for your personal touches. More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 2303 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2239247

    2303 11811 Lake Fraser Drive SE Lake Bonavista Calgary T2J 7J1
    Main Photo: 2303 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2239247
    $440,000
    Residential
    Status:
    Active
    MLS® Num:
    A2239247
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,211 sq. ft.
    Welcome to Gateway South Centre – Spacious 2-Bedroom Condo with Titled Parking! This expansive 1211 sq ft condo offers the perfect blend of comfort, convenience, and location. Featuring 2 generous bedrooms, including a primary suite with a private ensuite bath, and a second full 4-piece bathroom, this home is ideal for downsizers, young professionals, or small families. The open-concept living and dining area is perfect for entertaining, while the well-appointed kitchen includes ample cabinetry and countertop space. Large windows throughout fill the unit with natural light, creating a warm and inviting atmosphere. Enjoy the added convenience of in-suite laundry, a titled underground parking stall, and secure building access. Located in the sought-after Gateway South Centre, residents enjoy access to top-tier amenities including a fitness centre, guest suites, social rooms, and beautifully maintained common areas. Situated just steps from Southcentre Mall, restaurants, grocery stores, and the Canyon Meadows LRT station, this is urban living at its finest in South Calgary. Don’t miss this opportunity to own a rare, spacious condo in a vibrant, amenity-rich community! More details
    Listed by CIR Realty
    DIANE RICHARDSON
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Data was last updated July 16, 2025 at 06:05 AM (UTC)

CONTACT DIANE RICHARDSON

When any SW Calgary Real Estate Listings under $500,000 looks interesting and you’d like a closer look please emailtext 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.

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