New Homes in Calgary Under $500,000 | Affordable Homes for Sale

Are you looking for an affordable new home for sale in Calgary under $500,000? We have the perfect selection of new homes in Calgary under 500k for you to choose from. Our selection of new homes in Calgary under 500000 offers a variety of styles and layouts for you to find the perfect fit for your lifestyle. Whether you're looking for a modern apartment or a traditional family home, we've got the perfect property for you. Take a look at our selection of new homes in Calgary under 500k and find the perfect home for you and your family today!
Here are the latest Calgary new construction homes can be found here on our website, mypadcalgary.com by searching below for properties that have been recently built.. When you notice anything that sparks your curiosity and you're ready for a deeper look, kindly email, text, or get in touch with me. You are welcome to schedule a private viewing at any time.
Make a call to Diane Richardson at 403.397.3706

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When any Calgary Real Estate Listings 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.

How much does a new build cost in Calgary?

The cost of a new build in Calgary can vary depending on several factors, such as the size of the home, the materials used, the location of the property, and the complexity of the design.

As of 2021, the average cost to build a new single-family home in Calgary is approximately $250 to $350 per square foot. This means that a 2,000 square foot home could cost anywhere from $500,000 to $700,000 to build. However, it is important to note that these are just average estimates, and the actual cost of a new build in Calgary can vary significantly depending on the specific details and requirements of the project.

What are the newest communities in Calgary? (as of August 2021)?

  1. Belmont - located in the southwest of Calgary, Belmont is a new community that offers a mix of residential, commercial, and recreational spaces. It has a variety of housing options, including single-family homes, townhomes, and apartments.

  2. Cornerstone - situated in the northeast of Calgary, Cornerstone is a modern and sustainable community that offers a mix of residential, commercial, and institutional spaces. It has a variety of housing options, including single-family homes, townhomes, and duplexes.

  3. University District - located in the northwest of Calgary, University District is a new urban community that is designed to be walkable and bikeable. It offers a mix of housing options, including apartments, townhomes, and single-family homes, as well as retail and commercial spaces.

  4. Livingston - situated in the north-central part of Calgary, Livingston is a new master-planned community that offers a mix of residential and commercial spaces. It has a variety of housing options, including single-family homes, townhomes, and apartments.

  5. Yorkville - located in the southwest of Calgary, Yorkville is a new community that offers a mix of residential and commercial spaces. It has a variety of housing options, including single-family homes, townhomes, and duplexes.

Calgary New homes for sale under $500k|New Homes Under 500k CalgarySouth Airways
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14 Vireo Avenue
NONE Olds T4H 0E4

$899,900
Residential beds: 3 baths: 3.0 1,467 sq. ft. built: 2025

Exterior mock up - not the actual color. Colors can still be chosen.
Photo 1: 14 Vireo Avenue: Olds Detached for sale : MLS®# A2165986
Photo 2: 14 Vireo Avenue: Olds Detached for sale : MLS®# A2165986
Photo 3: 14 Vireo Avenue: Olds Detached for sale : MLS®# A2165986
Photo 4: 14 Vireo Avenue: Olds Detached for sale : MLS®# A2165986
Photo 5: 14 Vireo Avenue: Olds Detached for sale : MLS®# A2165986
Photo 6: 14 Vireo Avenue: Olds Detached for sale : MLS®# A2165986
Photo 7: 14 Vireo Avenue: Olds Detached for sale : MLS®# A2165986
Photo 8: 14 Vireo Avenue: Olds Detached for sale : MLS®# A2165986
Photo 9: 14 Vireo Avenue: Olds Detached for sale : MLS®# A2165986
Photo 10: 14 Vireo Avenue: Olds Detached for sale : MLS®# A2165986
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2165986
Bedrooms:
3
Bathrooms:
3
Year Built:
2025
This exquisite new-build executive bungalow, located on a scenic pond lot, offers luxurious living with a triple attached heated garage and a fully finished walkout basement. The stunning kitchen showcases a large island, creamy white cabinetry, and a spacious walk-in pantry. The upgraded stainless steel appliance package includes a wall oven, counter-depth fridge, gas cooktop with pot filler, and more. The open-concept kitchen, living, and dining areas feature a gas fireplace, a large picture window, and patio doors leading to the expansive covered deck, perfect for indoor-outdoor living. The spacious primary suite offers a 5-piece ensuite with a free-standing tub, dual vanities, and a large walk-in closet with custom organizers. Additional highlights on the main level include a generous mud/laundry room, 1/2 bath and a welcoming foyer. The fully developed walkout lower level includes a large office, two bedrooms, a full bathroom, and a spacious recreation room complete with a wet bar, sink, and dishwasher. The BAR/WINE ROOM is a standout feature, offering built-in cabinetry, a wine fridge, and display shelving. The massive heated triple garage features oversized doors, ideal for larger vehicles. Central A/C is included for year-round comfort. Many features are still customizable if purchased soon. Enjoy the west-facing backyard with direct access to the pond and greenspace. Located in Olds, a community known for its blend of small-town charm and big-city amenities, with convenient access to Highway 2. Contact us today, or reach out to your preferred Realtor to schedule a meeting with this experienced and reputable builder to make this dream home yours!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,467 sq. ft.
Lot Area:
8,616 sq. ft.
Lot Frontage:
56'1"
Front Exposure:
East
Levels:
One
Total Rooms Above Grade:
4
Year built:
2025 (Age: -)
Bedrooms:
3 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
1512052
Heating:
Forced Air
Basement:
Full, Unfinished, Walk-Out To Grade
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Composite Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Vinyl Plank
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
3
Parking:
Parking Pad, Triple Garage Attached
Parking Places:
5.0
Parking Total/Covered:
5 / -
Laundry Features:
Lower Level, Main Level, Multiple Locations
NONE
Built-In Oven, Dishwasher, Gas Cooktop, Microwave, Refrigerator, Wine Refrigerator
N/A
Restrictive Covenant
Floor
Type
Size
Other
Main Floor
Bedroom - Primary
15'6" × 13'8"
Main Floor
Kitchen
15'2" × 11'10"
Main Floor
Living Room
14'8" × 14'
Main Floor
Dining Room
12'4" × 10'
Main Floor
Mud Room
12'6" × 8'6"
Lower Level
Bedroom
11'8" × 10'8"
Lower Level
Bedroom
11'8" × 10'8"
Lower Level
Office
13'8" × 11'10"
Lower Level
Game Room
24' × 12'5"
Lower Level
Kitchenette
12'8" × 6'3"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
5
0' x 0'
Main Floor
No
2
0' x 0'
Lower Level
No
4
Title to Land:
Fee Simple
Community Features:
Golf, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Interior Features:
Closet Organizers, High Ceilings, Open Floorplan, Pantry, Quartz Counters
Exterior Features:
None
Patio And Porch Features:
Deck, Front Porch
Lot Features:
Backs on to Park/Green Space, Creek/River/Stream/Pond
Waterfront Features:
Pond
Num. of Parcels:
0
Fencing:
Fenced
Region:
Mountain View County
Zoning:
R1
Listed Date:
Sep 15, 2024
  • Photo 1: 14 Vireo Avenue: Olds Detached for sale : MLS®# A2165986
    Exterior mock up - not the actual color. Colors can still be chosen.
  • Photo 2: 14 Vireo Avenue: Olds Detached for sale : MLS®# A2165986
    Front of lot facing west
  • Photo 3: 14 Vireo Avenue: Olds Detached for sale : MLS®# A2165986
    Back of lot facing east
  • Photo 4: 14 Vireo Avenue: Olds Detached for sale : MLS®# A2165986
    Access to pond/greenspace via rear gate
  • Photo 5: 14 Vireo Avenue: Olds Detached for sale : MLS®# A2165986
    Pond area to the SW
  • Photo 6: 14 Vireo Avenue: Olds Detached for sale : MLS®# A2165986
    Pond area to the NW
  • Photo 7: 14 Vireo Avenue: Olds Detached for sale : MLS®# A2165986
    Photo 7 of 10
  • Photo 8: 14 Vireo Avenue: Olds Detached for sale : MLS®# A2165986
    Photo 8 of 10
  • Photo 9: 14 Vireo Avenue: Olds Detached for sale : MLS®# A2165986
    Main Floor Layout
  • Photo 10: 14 Vireo Avenue: Olds Detached for sale : MLS®# A2165986
    Lower level floor plan
Larger map options:
Larger map Satellite map Street View Walkscore
Listed by CIR Realty
Data was last updated September 20, 2024 at 08:05 AM (UTC)
Area Statistics
Listings on market:
46
Avg list price:
$569,900
Min list price:
$214,900
Max list price:
$1,599,000
Avg days on market:
60
Min days on market:
5
Max days on market:
174
Avg price per sq.ft.:
$380.13
These statistics are generated based on the current listing's property type and located in Olds. Average values are derived using median calculations.
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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.
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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.