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Graham Realty Inc.
Calgary, AB
Calgary Homes for Sale Under $500,000
500 active listings — updated every 15 minutes from MLS®
Discover affordable homeownership opportunities in Calgary with 7,558 active listings priced under $500,000. This price range offers excellent value for first-time buyers, investors, and those looking to downsize while staying within the city.
Showing 1–24 of 500 listings
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$295,000
2407-1118 12 Avenue SW- 1 bed
- 1/0 baths
- 612 sq. ft.
Seller Brokerage: The Real Estate District
$349,000
209-2702 17 Avenue SW- 2 beds
- 2/0 baths
- 779 sq. ft.
Seller Brokerage: Real Estate Professionals Inc.
$309,900
413-1025 5 Avenue SW- 1 bed
- 1/0 baths
- 580 sq. ft.
Seller Brokerage: RE/MAX Real Estate (Mountain View)
$154,999
306-1712 38 Street SE- 2 beds
- 1/0 baths
- 801 sq. ft.
Seller Brokerage: Century 21 Bravo Realty
$255,000
1237-81 Legacy Boulevard SE- 2 beds
- 2/0 baths
- 853 sq. ft.
Seller Brokerage: D Gees Realty Inc.
$259,900
3915 29A Avenue SE- 3 beds
- 1/0 baths
- 1,054 sq. ft.
Seller Brokerage: RE/MAX Realty Professionals
$349,900
1408-3727 Sage Hill Drive NW- 2 beds
- 2/0 baths
- 859 sq. ft.
Seller Brokerage: Royal LePage Benchmark
$479,900
408-32 Varsity Estates Circle NW- 2 beds
- 2/0 baths
- 1,251 sq. ft.
Seller Brokerage: RE/MAX First
Calgary's sub-$500,000 market includes a diverse mix of condominiums, townhomes, and detached homes across established and emerging neighbourhoods. You'll find everything from modern downtown condos and family-friendly townhouses in suburban communities to older detached homes that may need some updating but offer great potential for customization.
Popular areas in this price range include communities like Forest Lawn, Dover, Penbrooke Meadows, and various condominium complexes throughout the city. Many properties offer excellent access to public transit, schools, and amenities. When viewing homes in this range, consider factors like condo fees, property taxes, potential renovation costs, and proximity to your work and lifestyle needs.
Top Calgary Homes for Sale Under $500,000 Communities in Calgary
The neighbourhoods with the most matching listings right now.
Frequently Asked Questions
You'll primarily find condominiums and townhomes, with some older detached homes in established neighbourhoods. Many condos are in high-rise buildings downtown or low-rise complexes in suburban areas, while townhomes are often found in family-oriented communities.
Popular areas include Forest Lawn, Dover, Penbrooke Meadows, Marlborough, and various condominium developments throughout the city. Some established neighbourhoods also have older detached homes or townhomes in this price range.
Consider monthly condo fees (typically $200-$500+ for condos), property taxes, utilities, home inspection costs, and potential renovation expenses. Factor in closing costs including legal fees, land transfer taxes, and moving expenses when determining your total budget.
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