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.

FIND YOUR PERFECT HOME: CALGARY HOMES FOR SALE

CALGARY CONDOS $150,000-$300,000 CALGARY HOMES $200,000-$400,000
CALGARY CONDOS $300,000- $500,000 CALGARY HOMES $400,000-$800,000
CALGARY LUXURY CONDOS $500,000 + CALGARY LUXURY HOMES $800,000 +
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The Latest Selection Of Calgary Homes Under $500,000

CONTACT DIANE RICHARDSON

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

SW Calgary homes for sale under $500,000|Under $500kVarsity

BUNGALOWS FOR SALE IN HIGHLAND PARK CALGARY

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  • 3804 Centre A Street NE in Calgary: Highland Park Detached for sale : MLS®# A2270804

    3804 Centre A Street NE Highland Park Calgary T3E 3A6
    Main Photo: 3804 Centre A Street NE in Calgary: Highland Park Detached for sale : MLS®# A2270804

    3804 Centre A Street NE Calgary T3E 3A6 Highland Park

    $419,000
    Residential
    Status:
    Active
    MLS® Num:
    A2270804
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    741 sq. ft.
    Exceptional Inner-City Opportunity – Legal Suited Bungalow on Quiet Cul-de-Sac! Discover incredible value in this fully updated legal-suited bungalow tucked away on a quiet cul-de-sac in the heart of the city. Perfect for investors, families, or redevelopment, this property offers flexibility, privacy, and strong long-term potential. Highlights: • LEGAL basement suite with separate entrance – ideal mortgage helper or rental income • Separate laundry and full kitchens on both levels • 2 bedrooms up + 1 down, 2 full bathrooms, 2 living & dining areas • Expansive two-tier walk-out deck rebuilt in 2016 – great for entertaining • Newer furnace & hot water tank (2017) • Ample parking & private yard in a quiet location Unbeatable Location: • Minutes to Deerfoot Trail and Downtown • Steps to Centre Street, schools, shops, and transit • Close to major bus routes: #3, #301 (Downtown) and #300 (Airport) Investment & Redevelopment Potential: Located in a high-demand inner-city area with active infill developments nearby, this home offers excellent appreciation potential. Recent upgrades include new basement tiles and bathtub, making it ready to rent, live in, or hold for future redevelopment. Don’t miss this rare inner-city opportunity – book your private showing today! More details
    Listed by First Place Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 3520 Centre Street NE in Calgary: Highland Park Detached for sale : MLS®# A2262801

    3520 Centre Street NE Highland Park Calgary T2E 2Y1
    Main Photo: 3520 Centre Street NE in Calgary: Highland Park Detached for sale : MLS®# A2262801

    3520 Centre Street NE Calgary T2E 2Y1 Highland Park

    $579,000
    Residential
    Status:
    Active
    MLS® Num:
    A2262801
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    1,192 sq. ft.
    This property is being sold as is for land value only. It comes with a conditional Development Permit for a 6-plex, offering excellent potential and flexibility for redevelopment. The lot measures 47’ x 120’ and is ideally located on Centre Street, providing convenient access to Downtown, Deerfoot Trail, and other major city routes. Public transit is just steps away, including access to the future Green Line. More details
    Listed by Homecare Realty Ltd.
    LISTING DETAILS
    DIANE RICHARDSON

  • 107 40 Avenue NE in Calgary: Highland Park Detached for sale : MLS®# A2256063

    107 40 Avenue NE Highland Park Calgary T2E 2M6
    Main Photo: 107 40 Avenue NE in Calgary: Highland Park Detached for sale : MLS®# A2256063

    107 40 Avenue NE Calgary T2E 2M6 Highland Park

    $999,900
    Residential
    Status:
    Active
    MLS® Num:
    A2256063
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,220 sq. ft.
    Perfect for Builders and Investors! Situated in the inner city community of Highland Park, this property offers an excellent investment and development opportunity. Recently rezoned M-H1 allowing for a maximum of 8 storeys with commercial/retail option on the main floor. The lot measures 57' x 120' (Approx 6,840 sq ft). With some fixing up, the existing single family home would be excellent investment property. Currently offers a 2 bedroom unit on the main floor with 2 units in the basement, a 1 bedroom and a studio. Located a block of Centre Street and the BRT 301 (future green line C-Train). Close to all amenities, schools, shopping and restaurants. Great location for investment properties. Call for more information. More details
    Listed by Royal LePage Benchmark
    LISTING DETAILS
    DIANE RICHARDSON
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Data was last updated November 30, 2025 at 06:05 PM (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.
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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.