Calgary Homes under $500,000

Welcome to Calgary, Alberta—a vibrant city that beautifully marries urban sophistication with the breathtaking beauty of the Canadian Rockies. Known for its stunning skyline, friendly neighborhoods, and rich cultural heritage, Calgary is a city that truly offers something for everyone. With its dynamic economy, diverse population, and a plethora of outdoor activities, it’s no wonder why so many people are choosing to call this city home.

If you're looking for a place to settle down without breaking the bank, you'll be delighted to discover the array of homes available for under $500,000. In Calgary, this price range opens the door to a variety of charming options, from cozy bungalows in established neighborhoods to modern townhouses in up-and-coming areas. Families will appreciate the spacious layouts and proximity to parks, schools, and local amenities, while young professionals can find stylish condos close to the bustling downtown core.

Calgary’s real estate market is known for its affordability compared to other major Canadian cities, making it an ideal choice for first-time homebuyers or those looking to invest in a growing market. With a rich array of cultural events, festivals, and outdoor adventures at your doorstep, you’ll find that living in Calgary is not just about finding a house; it’s about embracing a lifestyle filled with opportunity and excitement.

Explore the possibilities of homeownership in Calgary today and discover your perfect haven in this incredible city!

Newest Calgary Homes under $500,000

$465,000

2 Beds ⋅ 2 Baths ⋅ A2351483 MLS® #

Welcome to **The Castello**, where luxury meets vibrant Beltline living! This stunning 2-bedroom, 2-bathroom executive condo offers a bright, open-concept layout with large windows, modern finishes and plenty of natural light. The stylish kitchen features stainless steel appliances, granite countertops, a wine fridge and a spacious peninsula with additional seating. The primary suite offers a private ensuite and generous walk-in closet, while the second bedroom provides flexibility for guests or a home office. The standout feature is the **MASSIVE 12' x 37' partially covered balcony**, perfect for entertaining, summer BBQs or simply relaxing outdoors. Additional highlights include updated flooring and paint, in-suite laundry, one titled underground parking stall and a titled storage unit. Residents also enjoy concierge service, a fitness centre and convenient covered visitor parking. Located in the heart of Calgary's Beltline, you're just steps from incredible restaurants, shopping, entertainment and everything downtown has to offer. **Experience urban living at its finest. Book your private showing today!**

530 12 Avenue Sw Unit 203, Calgary

Courtesy of The Real Estate District.

$279,900

2 Beds ⋅ 2 Baths ⋅ A2346769 MLS® #

Welcome to this spacious 2-bedroom, 2-bathroom apartment in popular Shawnessy! Ideal for first-time buyers, professionals, or mature couples, this inviting, sparkling-clean home offers an open layout, thoughtful upgrades, and an excellent location. Lovingly cared for by the same owner for over 20 years and occupied by one person, this home was gently used and offers a wonderful opportunity for its next owner. Quality finishes include hardwood flooring, granite kitchen countertops, and marble tile in the bathrooms and entrance area. The functional kitchen features solid maple cabinets, granite countertops, stainless steel appliances, a raised bar, and a large pantry with extra shelving. The spacious, bright living room boasts gleaming hardwood, a cozy gas fireplace with wood and marble accents, and sliding doors leading to a large balcony overlooking a quiet, green area - the perfect place to enjoy nature and relax. Both generously sized bedrooms feature their own ensuite bathrooms for added comfort and privacy, with one offering a spacious walk-in closet and the other a convenient walk-through closet. In-suite laundry and a storage room are another great feature of this beautiful home. Heated underground parking near the elevator adds convenience and peace of mind. The location is fantastic, within walking distance to the Somerset/Bridlewood LRT station, YMCA, public library, shopping plazas, schools, restaurants, and more. With easy access to major roads, Stoney Trail, Macleod Trail, Deerfoot Trail, and 22X, it's a winner! Don't wait; schedule a viewing today and make this wonderful place your own!

290 Shawville Way Se Unit 307, Calgary

Courtesy of CIR Realty.

$195,000

2 Beds ⋅ 1 Baths ⋅ A2350515 MLS® #

Views!!! Views!! Views! ***Welcome to Silverwood on the Park, perched on the 9th floor, this exceptional west facing 2-bedroom condo features amazing views overlooking Bowness Park and the picturesque Bow River. The thoughtfully designed layout includes two spacious bedrooms, both with views, and a large living room with massive windows to take in the views. The kitchen features oak cabinets with ample counter space that opens up to a separate dining and living room. A 4-piece bathroom and a generous sized in-suite storage room complete the unit. This quiet, well-managed **18+ adult ** complex offers desirable amenities including a fully equipped fitness facility, sauna, social room, and 4 rooftop patios on floors 5, 7 and two on floor 9 (close to this unit). Convenient and budget friendly with all utilities included in the condo fee, free common laundry on every floor, pet-friendly complex and an assigned underground parking stall. Easy access to the scenic Bow River pathways, green spaces, and recreational opportunities of Bowness Park. An incredible opportunity to enjoy spacious, low-maintenance living with unmatched views in a highly sought-after location!!!

8604 48 Avenue Nw Unit 908, Calgary

Courtesy of RE/MAX First.

101 Panatella Square Nw Unit 202, Calgary

$364,888

2 Beds ⋅ 3 Baths ⋅ A2351397 MLS® #

This immaculate, move-in-ready home offers 1246 sq. ft. of contemporary living space, featuring 2 bedrooms, 3 bathrooms, and an attached garage. The bright, open-concept main floor boasts wide-plank vinyl flooring, large windows, and seamless flow between the living and dining areas. A chef-inspired kitchen shines with quartz countertops, stainless steel appliances, full-height cabinets up to the 9 foot ceilings, and direct access to a private balcony.Upstairs hosts convenient laundry and two spacious bedrooms, including a primary retreat with dual closets and a private ensuite. The covered rear patio is private an offers additional space to relax. Residents enjoy access to premium community amenities, including a private resident’s club with a splash park, sports courts, and playgrounds. Located just minutes from golf, shopping, and the Vivo Recreation Centre.

101 Panatella Square Nw Unit 202, Calgary

Courtesy of eXp Realty.

$448,800

2 Beds ⋅ 3 Baths ⋅ A2351566 MLS® #

**Open House, October 10, 2:00 - 3:30 pm** Step into smart, affordable homeownership in vibrant McKenzie Towne! Located in desirable Elgin Meadows, this semi-detached gem gives you all the perks of freehold ownership—meaning total lifestyle independence with zero monthly condo fees. The smart two-storey layout kicks off with a light-filled main level made for effortless everyday living and entertaining, complete with a convenient main-floor powder room. Upstairs features two generously sized bedrooms and two full bathrooms, giving you a functional setup that works perfectly for roommates, guests, or a starter family. Downstairs, the unfinished basement comes equipped with a large egress window, offering an awesome blank canvas and the perfect setup to easily add a 3rd bedroom, a rec room, or a home gym as your space needs grow. Right outside your door, you get the absolute best of McKenzie Towne’s classic small-town charm: tree-lined pathways, community parks, Elgin’s picturesque ponds, and quick strolls to High Street shops, schools, and 130th Ave amenities, plus instant access to Deerfoot and Stoney Trails. Whether you are a savvy first-time buyer looking to step onto the property ladder without the heavy price tag of a fully detached house, or an investor seeking a turnkey asset in a high-demand SE location, this home packs incredible value and lifestyle into one fantastic package. Book your private tour today!

144 Elgin Meadows View Se, Calgary

Courtesy of TREC The Real Estate Company.

$145,000

1 Beds ⋅ 1 Baths ⋅ A2351446 MLS® #

Welcome to Centre 20 in the popular inner-city community of Tuxedo Park. This top-floor, one-bedroom, one-bathroom condo is completely move-in ready and offers an incredible, affordable opportunity to own your own home for less than the cost of renting. As soon as you walk in, you will notice the vinyl flooring that runs throughout the entire unit, making the space feel clean, modern, and very easy to maintain. The functional open floorplan makes great use of the space, giving you a bright and inviting living area. The functional kitchen has penty of cabinet and counter space with the breakfast bar peninsula. The entire condo is painted in neutral colours, making it easy to just move your furniture in and make it your own. Right off the living room, there is a generous balcony with plenty of room for a patio set and a barbecue. The bedroom is spacious and features a bay window that lets in tons of natural light. Next to the bedroom is a four-piece bathroom with plenty of extra vanity space, and an updated toilet. Plenty of storage in this unit with a pantry, foyer closet and walk-in storage area! This unit also comes with its own assigned parking stall, so you never have to worry about street parking. Plus, the building features a handy common laundry room located on the main floor. This is a fantastic property for a first-time buyer or an investor looking for a solid rental unit. You are just minutes away from downtown, public transit, local restaurants, coffee shops, and parks. Why rent when you can own this great top-floor condo in a wonderful location? Book your showing today!

110 20 Avenue Ne Unit 305, Calgary

Courtesy of eXp Realty.

$371,900

2 Beds ⋅ 2 Baths ⋅ A2351511 MLS® #

Enter into a fresh start in this brand-new, never-occupied two-bedroom plus den condo in desirable Shawnee Slopes. Set on the third floor and available for immediate possession, this bright and modern home offers a versatile layout designed for comfortable everyday living.Light-toned flooring carries through the open-concept living spaces, pairing beautifully with crisp white cabinetry and contemporary finishes. The well-designed kitchen features quartz countertops, stainless steel appliances, and a central island with breakfast-bar seating—perfect for preparing meals, entertaining friends, or enjoying a relaxed morning coffee.Large windows bring an abundance of natural light into the spacious living room, while the private balcony provides a welcoming outdoor retreat. The primary bedroom offers a comfortable place to unwind, and the second bedroom provides excellent flexibility for family or guests. A separate den creates even more possibilities as a home office, study, hobby room, or additional guest space.The home also features 2 full bathrooms with quartz countertops and a tub-and-shower combination in the main bathroom, and a walk-in shower in the primary ensuite, along with the convenience of in-suite laundry.Adding exceptional value are two titled underground parking stalls and two titled storage units—an uncommon and highly desirable combination. Visitor parking is available, and the building is pet-friendly.Monthly condo fees are in the low $400s and include heat, water, sewer, garbage and recycling, exterior maintenance, reserve fund contributions, snow removal, underground parkade maintenance, and professional management.Located just minutes from Fish Creek Provincial Park, the LRT, Macleod Trail, and the shops, restaurants, and daily conveniences of Shawnessy, this move-in-ready home brings together modern design, valuable extras, and an exceptionally convenient location.

655 Shawnee Square Sw Unit 312, Calgary

Courtesy of The Real Estate District.

$429,900

2 Beds ⋅ 3 Baths ⋅ A2351544 MLS® #

PRICE ALERT | AMAZING VALUE | DOUBLE SIDE-BY-SIDE GARAGE | TWO PRIMARY SUITES | AUBURN BAY LAKE ACCESSBelieve it or not—this stylish two-storey townhome offers outstanding value, indoor parking for two vehicles in a private side-by-side attached garage, and access to Auburn Bay’s sought-after lake lifestyle!Located in Mosaic Lakeside, this vacant home offers approximately 1,223 sq. ft. of thoughtfully designed living space with two bedrooms, 2.5 bathrooms, and a functional open-concept layout.The ground level welcomes you through a spacious foyer with access to the insulated 19'2" x 17'2" double attached garage. A dedicated laundry and storage area adds everyday convenience. Outside, enjoy a fenced front yard and private 9' x 9' concrete patio—an inviting spot for morning coffee, summer barbecues, or relaxing outdoors.The bright main living level features attractive laminate plank flooring and an open design ideal for entertaining. The spacious living room flows into the dining area and stylish kitchen, complete with quartz countertops, an upgraded tile backsplash, maple shaker-style cabinetry, stainless-steel appliances, a central island with breakfast bar, and pantry storage. A convenient powder room completes the level.Upstairs features new wide plank flooring and no carpet, two comfortable primary bedroom suites, each offering a large walk-in closet and private four-piece ensuite. A versatile office area provides useful space for working or studying from home.Additional highlights include excellent in-home storage, window coverings, vinyl windows, and a contemporary décor palette.Enjoy an exceptional Auburn Bay location close to the lake, clubhouse, parks, playgrounds, ponds, schools, shopping, transit, dog parks, tennis courts, and extensive walking and cycling pathways. Whether you are purchasing your first home, downsizing, or adding to an investment portfolio, this property offers an appealing combination of comfort, convenience, and value.Vacant possession is negotiable. Contact your REALTOR® today to arrange a private viewing!

604 Auburn Bay Square Se, Calgary

Courtesy of Jayman Realty Inc..

$298,900

1 Beds ⋅ 1 Baths ⋅ A2351504 MLS® #

Be the first to call this beautifully finished 1-bedroom plus den condo home. Brand new and never lived in, this third-floor residence in sought-after Shawnee Slopes combines contemporary style, flexible living space, and immediate possession.The bright, open-concept interior features luxury vinyl plank flooring throughout the main living areas, complemented by rich dark-wood cabinetry and modern finishes. At the heart of the home, the kitchen offers quartz countertops, stainless steel appliances, and a central island with breakfast-bar seating—an inviting space for morning coffee, casual meals, or entertaining.Natural light fills the spacious living area, which opens onto a private balcony for an effortless extension of your living space. The comfortable primary bedroom offers a peaceful retreat, while the versatile den is ideal for a home office, guest space, or creative studio. A full bathroom with quartz countertops and a tub/shower combination, along with convenient in-suite laundry, completes the thoughtfully designed interior.A rare offering, this condo includes two titled underground parking stalls and two titled storage units. The pet-friendly building also provides visitor parking.Monthly condo fees are just $314.94 and include heat, water, sewer, garbage and recycling, exterior maintenance, reserve fund contributions, snow removal, underground parkade maintenance, and professional management.Enjoy an exceptional location minutes from Fish Creek Provincial Park, LRT access, Macleod Trail, and the shops, restaurants, and everyday conveniences of Shawnessy. With stylish finishes, valuable extras, and everything ready from day one, this is an opportunity that stands apart.

655 Shawnee Square Sw Unit 309, Calgary

Courtesy of The Real Estate District.

5605 Henwood Street Sw Unit 1302, Calgary

$238,000

1 Beds ⋅ 1 Baths ⋅ A2351281 MLS® #

Located in the beautiful community of Garrison Green, this well-maintained 580 sq. ft. apartment offers comfortable, low-maintenance living in a fantastic location, with the added comfort of AIR CONDITIONING to keep you cool through Calgary's warm summer months! The open-concept layout makes great use of the space, with a kitchen featuring granite countertops, a convenient breakfast bar, plenty of cabinet space, and a practical layout that flows nicely into the living area. The living room is bright and welcoming, with access to your private, courtyard-facing patio, offering a peaceful spot to enjoy your morning coffee, unwind at the end of the day or simply take in the beautifully maintained surroundings. The main bathroom features a granite countertop, adding style to this practical, comfortable space. You'll also appreciate the convenience of a titled parking stall in the secure underground parkade.The building offers great amenities, including a fitness centre, guest suites, a party room, a car wash, bike storage, and visitor parking. Low condo fees cover ALL utilities except internet. Garrison Green is known for its beautiful green spaces, walking paths, and quiet, welcoming atmosphere, all while staying close to shopping, restaurants, schools, North Glenmore Park and everyday amenities. Whether you're looking for your first home, downsizing or adding to your investment portfolio, this is a great opportunity to own in one of Calgary's most desirable communities.

5605 Henwood Street Sw Unit 1302, Calgary

Courtesy of Century 21 Bamber Realty LTD..

$149,000

1 Beds ⋅ 1 Baths ⋅ A2351139 MLS® #

Welcome to this most affordable 1 Bedroom 1 Bathroom unit 1513 with great north views of the downtown and one Underground Parking in the Well-maintained building Dorchester Square. The Pet and Smoke Free Unit with perfect layouts features 636 square feet of living space, thoroughly renovated tile and vinyl flooring, updated baseboard, painted walls, a functional kitchen with an electricity range with range hood, dishwasher, refrigerator, tons of updated cabinet space and an adjoining dinning area. The spacious living room with large French Door leading to a private balcony can easily fit a sectional sofa and TV table. It also offers a generous bedroom, a renovated 4-pc full bathroom and a flex area as a den or storage room. The unit also includes a titled underground parking spot. The condo building is equipped with a gym, squash court, sauna, lounge with a pool table, private garden, and a common laundry area. Condo Fees include Heat, Water, and access to All Amenities. Great Location within walking distance to Urban Fare Supermarket, Canadian Tire, West Elm, Best Buy, and all the entertainment, shopping, and dining on 17th Avenue! Call now for your own viewing!

924 14 Avenue Sw Unit 1513, Calgary

Courtesy of Homecare Realty Ltd..

11 Chaparral Ridge Drive Se Unit 2106, Calgary

$279,000

2 Beds ⋅ 2 Baths ⋅ A2347440 MLS® #

Enjoy the convenience of main-floor living in this inviting 2-bedroom condo, featuring a functional layout, distinctive interior details, and a patio overlooking green space. The open living area creates a welcoming place to unwind or entertain, with a custom stone feature wall adding a unique touch. The kitchen offers plenty of cupboard space, a pantry, and a raised breakfast bar that makes everyday meals and casual gatherings easy.Most of the appliances are brand new and add fresh value for the next owner.Both bedrooms offer comfortable space and a practical layout. The primary bedroom features a walk-through closet leading to its private ensuite, while the second bedroom is situated near the additional 3-piece bathroom. A spacious in-suite laundry room provides extra room for household essentials, with even more storage available in the assigned parkade storage area.The east-facing patio extends your living space outdoors, overlooking green space and featuring a gas line for your BBQ. Titled underground parking offers year-round convenience, especially during Calgary winters.Life at Chaparral Village extends beyond your front door. Residents can enjoy communal social spaces and opportunities to participate in gatherings and activities, making it easier to connect with neighbours and feel part of the community. With schools, shopping, Fish Creek Provincial Park, Bow River pathways, and Blue Devil Golf Club nearby, outdoor recreation and everyday essentials are within convenient reach. Quick access to Stoney Trail and Highway 2 also makes commuting around the city easier. A wheelchair-accessible ramp located beside the building provides convenient access for residents and visitors with mobility needs.A great opportunity to enjoy practical condo living, outdoor space, and a community-oriented lifestyle in Chaparral Village. (Some of the images are virtually staged or AI generated. )

11 Chaparral Ridge Drive Se Unit 2106, Calgary

Courtesy of CIR Realty.

Start Your Search

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. Data last updated: .

Calgary Homes under $500,000

Newest Calgary Homes under $500,000

YYC SALES

Search

Resources

About