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

CONTACT DIANE RICHARDSON

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.

ARBOUR LAKE NEW LISTINGS

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  • 501 33 Arbour Grove Close NW in Calgary: Arbour Lake Apartment for sale : MLS®# A2177854

    501 33 Arbour Grove Close NW Arbour Lake Calgary T3G 4K2
    Main Photo: 501 33 Arbour Grove Close NW in Calgary: Arbour Lake Apartment for sale : MLS®# A2177854
    $349,900
    Residential
    Status:
    Active
    MLS® Num:
    A2177854
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,143 sq. ft.
    Step into MODERN COMFORT in the heart of Arbour Lake, one of Calgary’s most sought-after LAKE communities in the North-West. This exquisite 1,142 sq. ft. TOP FLOOR condominium offers a seamless blend of modern sophistication and serene surroundings. Boasting 3 bedrooms, 2 bathrooms, a titled underground parking stall, and 2 storage units, this home delivers the PINNACLE of contemporary comfort. The open-concept layout with VAULTED CEILINGS creates an inviting space where the kitchen, dining, and living areas flow together beautifully, perfect for both everyday living and STYLISH entertaining. A standout feature of this UPDATED CONDO is the large corner balcony—a tranquil retreat with GREAT VIEWS of the Calgary downtown skyline and walking pathways. Inside, BRAND NEW light wood luxury vinyl plank floors and trims provide a warm, timeless foundation, while elegant FRESHLY PAINTED neutral walls complement the space’s refined design. The NEWLY RENOVATED gourmet kitchen is a chef’s dream, featuring ALL NEW electric range, refrigerator, dishwasher, pristine white shaker cabinetry, and durable countertops. Whether you’re hosting guests or enjoying a quiet night in, this kitchen delivers both style and function. The second and third bedrooms offers versatility—ideal as a guest bedroom, home office, or personal gym—while the nearby updated 4-piece bath is convenient and beautifully appointed. In-suite laundry is tucked away for convenience, adding a practical touch to this ELEGANT home. The large primary bedroom is a true private RETREAT, featuring 2 spacious closets and large windows to invite natural light and tranquil views. Pamper yourself in the primary ensuite bathroom, complete with an updated vanity and faucet, durable countertops, and a soaker tub and shower combo. Nestled in a quiet location and neighborhood, this condo offers easy access to the Crowfoot Crossing shopping centre, the community lake, and many more amenities. Arbour Lake is a picturesque and family-friendly community located in Calgary's North-West. Known for its beautiful lake, residents enjoy exclusive access to year-round activities like swimming, fishing, and skating. The community blends natural beauty with urban convenience, offering STUNNING views of the Rocky Mountains—and short drive to as well, plenty of green spaces, and pathways for outdoor recreation. Arbour Lake is also well-connected, with nearby schools, shopping centers, and easy access to major roadways and public transit. Its strong sense of community and desirable amenities make it one of Calgary’s most sought-after neighborhoods. DON'T MISS your chance to experience this EXCEPTIONAL property—CALL TODAY to book your PRIVATE TOUR!! More details
    Listed by MaxWell Capital Realty
    DIANE RICHARDSON
  • 1315 303 Arbour Crest Drive NW in Calgary: Arbour Lake Apartment for sale : MLS®# A2178357

    1315 303 Arbour Crest Drive NW Arbour Lake Calgary T3G 5G4
    Main Photo: 1315 303 Arbour Crest Drive NW in Calgary: Arbour Lake Apartment for sale : MLS®# A2178357
    $409,900
    Residential
    Status:
    Active
    MLS® Num:
    A2178357
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,145 sq. ft.
    This 3rd-floor oasis with Modern Conveniences in a Premier Adult-Only Building. Welcome to this stunning 2-bedroom, 2-bath apartment that perfectly blends modern living with comfort. Located in a sought-after Arbour Lake adult-only building, this residence offers both luxury and convenience. Step into the bright, open-concept living space featuring a cozy gas fireplace, perfect for relaxing evenings. The kitchen is a chef’s dream, boasting sleek stainless steel appliances, a spacious pantry, and a central island with an eating bar ideal for casual dining and entertaining. The primary bedroom is your personal retreat, featuring a walk-through closet that leads to a private 4-piece ensuite. The second bedroom, cleverly designed with a built-in Murphy bed, doubles as a flexible space for guests or a home office. Enjoy the in-suite laundry room with a stacked front-loading washer and dryer and ample storage for added convenience. Savor the serene ambiance on your private balcony, which overlooks a tranquil fountain and comes equipped with a gas line for effortless BBQs. The unit includes an underground titled parking stall with access to a convenient car wash station. Residents also have exclusive use of the on-site fitness center, making it easy to stay active without leaving home. With premium features throughout and unparalleled amenities, this top-floor apartment truly offers the best in upscale, low-maintenance living. Don’t miss this incredible opportunity—schedule your private viewing today. More details
    Listed by 2% Realty
    DIANE RICHARDSON
  • 107 Arbour Meadows Close NW in Calgary: Arbour Lake Detached for sale : MLS®# A2177570

    107 Arbour Meadows Close NW Arbour Lake Calgary T3G 5J4
    Main Photo: 107 Arbour Meadows Close NW in Calgary: Arbour Lake Detached for sale : MLS®# A2177570
    $579,900
    Residential
    Status:
    Active
    MLS® Num:
    A2177570
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,461 sq. ft.
    This quaint, immaculate three-bedroom home is a blend of charm and modern elegance, offering a warm and inviting ambiance from the moment you step inside. Tucked into the friendly neighbourhood of Arbour Lake with LAKE ACCESS this home exudes curb appeal with its carefully landscaped front yard, welcoming porch, and tasteful exterior details that set the tone for what lies within. As you enter, you're greeted by a cozy yet spacious living area with gleaming hardwood floors, massive front closet, large windows that flood the space with natural light, and a timelessly elegant custom fireplace. This living space flows seamlessly into a bright, fully updated kitchen, where classic style meets functionality. Raised maple custom cabinetry, tons of counter space, a window in front of the sink, a full compliment of appliances make it a delight to cook and entertain. The adjoining dining area, with its soft lighting, hunter Douglas Zebra blinds and an inviting layout, is perfect for family meals or intimate gatherings with friends.The three bedrooms are thoughtfully designed with comfort in mind. Each room is spacious yet cozy, featuring plush carpeting, ample closet space, and windows that bring in plenty of light. The primary bedroom offers a tranquil retreat overlooking a pond, the foothills and our majestic Rocky Mountains, complete with an ensuite bathroom featuring a full 4 piece, and a walk in closet. The additional two bedrooms are perfect for guests, children, or a home office, all maintaining the home’s charming yet pristine appeal. The basement is unfinished with tons of future potential. Outside, the south facing backyard provides a private, space with a beautifully manicured lawn, flowering plants, garden area and a huge deck ideal for relaxing with a morning coffee or hosting a small get-together. Whether you’re enjoying a quiet evening on the patio, tending to the garden, or simply taking in the peaceful surroundings, the outdoor space adds a touch of nature’s beauty to this home. And a short distance from Market Mall, Hospitals, Crowfoot Centre filled with all the amenities, Grocery, bars, restaurants, cafe’s, theatres, to meet your needs. Also close by transportation, Ctrain, bus routes and major roadways. With modern comforts, tasteful design, and impeccable upkeep, this quaint three-bedroom gem is move-in ready and waiting to become your personal haven. Please note the roof was replaced in 2024, hot water tank in 2018 and Air conditioning More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 51 Arbour Butte Way NW in Calgary: Arbour Lake Detached for sale : MLS®# A2178193

    51 Arbour Butte Way NW Arbour Lake Calgary T3G 4L8
    Main Photo: 51 Arbour Butte Way NW in Calgary: Arbour Lake Detached for sale : MLS®# A2178193
    $795,900
    Residential
    Status:
    Active
    MLS® Num:
    A2178193
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    2,136 sq. ft.
    Located in the thought after community of Arbour Lake, this home is loaded with upgrades/features which include: mountain views, vaulted ceilings, 2 three sided fireplaces, beautiful kitchen with load of storage, real hardwood floor, granite counter tops, walk out, professional sound proof floor between main & lower, built in speakers, new shingles last year, gas line for BBQ for your summer days, heated tile in lower bath, walkout sunny basement, R.V. parking, oversized garage, professionally landscaped yard, underground smart system sprinkler. The main floor offers a den, formal dining room, spacious kitchen with island & nook that has access to the SW facing deck, vaulted great room with 3 sided fireplace, 2pc bath & laundry area. The upper level offers 4 good size bedrooms for your growing family, the master bedroom offers a walk in closet & full 5 pc ensuite. The 5th bedroom is located in the lower level along with a family room with 3 sided Fireplace, games room, 3pc bath & dry bar with granite top. This home shows great and offers neutral colors throughout, close to green spaces, Arbour lake privileges, bus, schools, shopping & all other amenities, 15 minutes to downtown Calgary. More details
    Listed by First Place Realty
    DIANE RICHARDSON
  • 12 Arbour Glen Green NW in Calgary: Arbour Lake Detached for sale : MLS®# A2177816

    12 Arbour Glen Green NW Arbour Lake Calgary T3G 3Y8
    Main Photo: 12 Arbour Glen Green NW in Calgary: Arbour Lake Detached for sale : MLS®# A2177816
    $899,900
    Residential
    Status:
    Active
    MLS® Num:
    A2177816
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    2,683 sq. ft.
    This beautiful home in Arbour Lake is sure to impress. With over 3,700 square feet of living space, it backs onto a serene green space and offers picturesque mountain views. Flooded with natural light, it features 4 bedrooms above grade, a huge pie-shaped lot and sits in a quiet cul-de-sac with welcoming neighbours. The main floor highlights gorgeous teak hardwood floors, with natural light streaming in from the many windows. The open front living area is perfect for gathering with family and friends, with an adjacent formal dining space ideal for special occasions. The renovated kitchen features abundant rich cabinetry, granite countertops, stainless steel appliances—including a built-in wall oven and microwave, gas range and a large island with a prep sink. Start your mornings in the bright breakfast nook, where you can enjoy the sunrise from the east-facing windows. The spacious family room overlooks the backyard and includes built-in shelving, a large window and a cozy gas fireplace. Completing the main floor is a 2-piece bathroom, a functional laundry room with a large storage closet and access to the double attached garage. Upstairs, the mountain views continue at the front of the home, where you can also enjoy afternoon sun. The expansive primary bedroom, accessed through French doors, features vaulted ceilings, a walk-in closet, and a large ensuite with a jetted tub and stand-up shower. Three additional upstairs bedrooms offer plenty of space for family, guests, or a home office with a view. The basement provides flexible potential, currently featuring a partial kitchen space, a large recreation area, a fifth bedroom, a 3-piece bathroom and ample storage. Outside, the pie-shaped backyard is a gardener’s dream, lovingly maintained with seasonal blooms to enjoy throughout the year. Host on the spacious deck with the addition of a concrete pad area. Just a short walk down the path behind the home is Arbour Glen Park and the nearby ravine offering trails for walking, jogging, biking and more. Plus, the lake’s year-round amenities are close at hand. Conveniently located with quick access to amenities and major routes, this property truly combines comfort and convenience and it could be yours just in time for the holidays. Check out the 3D Virtual Tour and book your showing today! More details
    Listed by CIR Realty
    DIANE RICHARDSON
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Data was last updated November 13, 2024 at 04:05 PM (UTC)
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