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

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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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Main Photo: 2 2660 22 Street: Red Deer Residential Land for sale : MLS®# A2198279
Photo 1: 2 2660 22 Street: Red Deer Residential Land for sale : MLS®# A2198279
Photo 2: 2 2660 22 Street: Red Deer Residential Land for sale : MLS®# A2198279
Photo 3: 2 2660 22 Street: Red Deer Residential Land for sale : MLS®# A2198279
Photo 4: 2 2660 22 Street: Red Deer Residential Land for sale : MLS®# A2198279
Photo 5: 2 2660 22 Street: Red Deer Residential Land for sale : MLS®# A2198279
Photo 6: 2 2660 22 Street: Red Deer Residential Land for sale : MLS®# A2198279
Photo 7: 2 2660 22 Street: Red Deer Residential Land for sale : MLS®# A2198279
Photo 8: 2 2660 22 Street: Red Deer Residential Land for sale : MLS®# A2198279
Photo 9: 2 2660 22 Street: Red Deer Residential Land for sale : MLS®# A2198279
Photo 10: 2 2660 22 Street: Red Deer Residential Land for sale : MLS®# A2198279
Status:
Active
Prop. Type:
Land
MLS® Num:
A2198279
**The site is permit-ready for the development of 77 townhomes with full construction plans and a development permit in place** Multifamily Development Land! 4.35 acres (3.91 net developable) zoned R2 (med. density), this is a prime location in the City of Red Deer! The Red Deer market is in need of two things; affordable housing and new rental accommodation, this site can serve one or both of these categories. Well located in S.E. Red Deer in a new growth area that provides all essential services, schools, shopping, trail systems, and the largest recreation center in Red Deer. This is an area where people prefer to live.
Property Type:
Land
Property Sub Type:
Residential Land
Condo Type:
Not a Condo
Transaction Type:
For Sale
Lot Area:
4.35 acre(s)
Bathrooms:
- (Full:-, Half:-)
Plan:
1821356
Ensuite:
No
Garage:
No
Venu Living
Lancaster Green
n/a
Utility Right Of Way
Title to Land:
Fee Simple
Num. of Parcels:
0
Fencing:
None
Region:
Red Deer
Zoning:
R2
Listed Date:
Mar 01, 2025
  • Photo 1: 2 2660 22 Street: Red Deer Residential Land for sale : MLS®# A2198279
    Photo 1 of 10
  • Photo 2: 2 2660 22 Street: Red Deer Residential Land for sale : MLS®# A2198279
    Photo 2 of 10
  • Photo 3: 2 2660 22 Street: Red Deer Residential Land for sale : MLS®# A2198279
    Photo 3 of 10
  • Photo 4: 2 2660 22 Street: Red Deer Residential Land for sale : MLS®# A2198279
    site plan for 77 units
  • Photo 5: 2 2660 22 Street: Red Deer Residential Land for sale : MLS®# A2198279
    front
  • Photo 6: 2 2660 22 Street: Red Deer Residential Land for sale : MLS®# A2198279
    rear
  • Photo 7: 2 2660 22 Street: Red Deer Residential Land for sale : MLS®# A2198279
    Photo 7 of 10
  • Photo 8: 2 2660 22 Street: Red Deer Residential Land for sale : MLS®# A2198279
    Photo 8 of 10
  • Photo 9: 2 2660 22 Street: Red Deer Residential Land for sale : MLS®# A2198279
    Photo 9 of 10
  • Photo 10: 2 2660 22 Street: Red Deer Residential Land for sale : MLS®# A2198279
    Photo 10 of 10
Listed by Royal Lepage Network Realty Corp.
Data was last updated November 27, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$173,250
Min list price:
$119,900
Max list price:
$3,800,000
Avg days on market:
72
Min days on market:
3
Max days on market:
421
These statistics are generated based on the current listing's property type and located in Red Deer. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON
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.