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.

Calgary homes for sale $500,000 - $600,000

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  • 2601 510 6 Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2137096

    2601 510 6 Avenue SE Downtown East Village Calgary T2G 1L7
    Main Photo: 2601 510 6 Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2137096
    $490,000
    Residential
    Status:
    Active
    MLS® Num:
    A2137096
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    923 sq. ft.
    26th FLOOR | MOUNTAIN, RIVER & CITY VIEWS | FLOOR TO CEILING WINDOWS | 2 PARKING STALLS | Soak up the evening sun on your roomy west facing balcony while enjoying city, mountain and river views. The floor to ceiling windows in this gorgeous 2 bed, 2 bath + DEN unit let in lots of natural light and allow you to enjoy the breathtaking views from the 26th floor. The kitchen is a chef's dream, featuring exquisite granite countertops, stunning cabinetry, a 5-burner gas stove with convection oven and warming drawer, and a convection microwave hood fan. The master bedroom features its own heating and A/C zone. Both bathrooms are elegantly appointed with heated tile floors and granite countertops. Other highlights include in-suite laundry, bedrooms wired for wall-mounted TVs, and have blackout blinds. Benefit from two-car tandem parking, storage in the secure parkade, underground visitor parking, and bike storage. Building amenities are top-notch, including a 24-hour concierge, fitness center, dry sauna, steam room, social room with kitchen and pool table, vast courtyard, and BBQ areas. Ideally situated near public transit, river pathways, Studio Bell, the new library, Stampede Park, Fort Calgary, many dining options and the Real Canadian Superstore across the street. More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 203 Auburn Meadows Walk SE in Calgary: Auburn Bay Row/Townhouse for sale : MLS®# A2170855

    203 Auburn Meadows Walk SE Auburn Bay Calgary T3M 2E7
    Main Photo: 203 Auburn Meadows Walk SE in Calgary: Auburn Bay Row/Townhouse for sale : MLS®# A2170855
    $490,000
    Residential
    Status:
    Active
    MLS® Num:
    A2170855
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,245 sq. ft.
    Every day can feel like a vacation in this sunny and spacious end-unit townhome in Auburn Bay! Located across from Auburn Station shopping center and just a stone's throw from Auburn Bay’s 43-acre Lake, private parks, and beaches, this home offers the perfect blend of convenience and leisure. Inside, you'll find dual primary bedrooms, each featuring walk-in closets and 4-piece ensuite bathrooms—ideal for privacy and comfort. The upper floor laundry room and double attached garage add a level of convenience you'll love. Natural sunlight floods the main floor in the afternoons, creating a warm and inviting atmosphere. Step outside to your cozy patio, complete with a gas hookup—perfect for enjoying long summer days with friends and family. The home boasts new carpet (replaced in 2022) and a recently renovated powder room (2024), ensuring a fresh, modern feel. The open-concept floor plan showcases beautifully maintained hardwood floors, making it inviting for both guests and residents alike. The kitchen features stone countertops and a stylish white color palette that enhances its contemporary design. It also includes a corner pantry, cozy dining area, and a study nook or space for a credenza. Equipped with stainless steel appliances, including a newer LG stove and fridge (2022), this kitchen is ready for your culinary creations. Don’t miss your chance to claim this beautiful home in Auburn Bay—where comfort meets lifestyle! More details
    Listed by Charles
    DIANE RICHARDSON
  • 427 355 Taralake Way NE in Calgary: Taradale Apartment for sale : MLS®# A2134219

    427 355 Taralake Way NE Taradale Calgary T3J 0M1
    Main Photo: 427 355 Taralake Way NE in Calgary: Taradale Apartment for sale : MLS®# A2134219
    $494,000
    Residential
    Status:
    Active
    MLS® Num:
    A2134219
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    965 sq. ft.
    This apartment has been totally updated and is fantastic! With its top-floor corner location, you'll enjoy stunning, unobstructed views of downtown Calgary and the mountains. The recent renovations mean it's move-in ready, and the layout seems very functional and spacious. Having two large bedrooms and two full bathrooms is a great advantage, especially with the added convenience of in-suite laundry. The bright kitchen with a breakfast bar will be perfect for both cooking and entertaining. Plus, being close to grocery stores, a school, and community amenities makes it even more desirable. It is a wonderful place to call home! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 35 230 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2176192

    35 230 Seton Passage SE Seton Calgary T3M 3A7
    OPEN HOUSE: Nov 16, 2024
    02:00 PM - 05:00 PM MST
    Open House on Saturday, November 16, 2024 2:00PM - 5:00PM
    Main Photo: 35 230 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2176192
    $494,500
    Residential
    Status:
    Active
    MLS® Num:
    A2176192
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,510 sq. ft.
    *OPEN HOUSE SAT NOV 16 2-5pm* Shows like new townhome in very desirable SE Calgary location featuring: SOUTH FACING BALCONY (2) | SINGLE GARAGE + DRIVEWAY | END UNIT | 3 BED UP / 2.5 BATH | TILED WALK-IN SHOWER | ONE OF LARGEST FLOOR PLANS IN DEVELOPMENT THE 'BERGEN' & more. All in the developed and sought after SE Calgary's 'SETON' - featuring south health campus, YMCA, movie theatre, plethora of amenities/grocery, easy highway access and more. Step inside to your open floor plan end unit that features tons of large windows with sunny south facing exposure allowing the unit to be bright all-day-long. Main level features a dining, family room, and kitchen that connect seamlessly & not to mention great size space to enjoy. The kitchen features: quartz counters, two tone cabinetry, a contemporary classic design w/ white cabinets, SS appliances, pantry space, eating island & more. Off the main is a balcony space with south exposure. Main floor is complete with half bath. Upstairs, find 3 bedrooms (one has a SECOND BALCONY), a flex space, laundry and 2 full baths. The primary features: good size, closet space, and full en-suite with vanity, tiled walk in shower, and toilet. One of the many things that set this unit apart is that it not only has a single garage, but also a driveway to park your vehicle - pair this with visitor parking in complex and you will have your needs covered. This complex has low condo fees. Rarely does a unit with this much pride of ownership come up, in such a desirable location - making it the perfect place to call home. Book your viewing today before, it's gone. More details
    Listed by RE/MAX Real Estate (Mountain View)
    DIANE RICHARDSON
  • 223 Panatella Walk NW in Calgary: Panorama Hills Row/Townhouse for sale : MLS®# A2161875

    223 Panatella Walk NW Panorama Hills Calgary T3K 0Z3
    Main Photo: 223 Panatella Walk NW in Calgary: Panorama Hills Row/Townhouse for sale : MLS®# A2161875
    $494,900
    Residential
    Status:
    Active
    MLS® Num:
    A2161875
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,344 sq. ft.
    Walking distance to North Trail High School, double garage, facing a court yard, and new paint, welcome to this spacious townhouse in prestigious Panorama Hills. It features quartz counter top in the kitchen and bathrooms, 9 feet ceiling on main and lower level, engineering hardwood flooring on the main floor, tiles in the upper bathrooms, stainless steel appliances, washer and dryer, window blinds, and balcony with gas line hook up. It has 3 good size bedrooms up, total 2.5 bathrooms, large living room, spacious kitchen and dining area, laundry on the lower level, and double attached garage. It closes to school, playground, shopping, and public transit. ** 223 Panatella Walk NW ** More details
    Listed by Century 21 Bravo Realty
    DIANE RICHARDSON
  • 210 1702 17 Avenue SW in Calgary: Scarboro Apartment for sale : MLS®# A2156698

    210 1702 17 Avenue SW Scarboro Calgary T2T 0E7
    Main Photo: 210 1702 17 Avenue SW in Calgary: Scarboro Apartment for sale : MLS®# A2156698
    $494,900
    Residential
    Status:
    Active
    MLS® Num:
    A2156698
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    891 sq. ft.
    Nothing to do but move in and enjoy! Scarboro 17 was completed in 2023 and the builder spared no expenses. Beautiful exterior is finished in brick and composite siding, wonderful landscaping plus 2 elevators means no waiting to get home. Looking for a trendy, well finished condo but don't want to wait for the build to finish? This almost new, 2 bedroom, 2 bath unit w/close to 900 sq.ft will check off all the boxes. Functional floorplan with a well appointed kitchen offering an upgraded appliance package, two-toned cabinetry provides great storage, quartz counters w/plenty of prep space plus extra long island offers room for a few stools. Spacious living is complete with central air conditioner to keep you cool. Patio door leads out to the private balcony w/great downtown views. Huge primary bedroom can easily accommodate your king bed and furniture plus spacious walk-in closet provides extra storage. 4-pc ensuite is complete w/double sinks & a walk-in shower. Second bedroom is well sized with a pass through closet into the 4-pc bathroom. Tech nook is great for your desk or add a great cabinet for extra storage. Location can't be beat...walk down 17th Ave and find a great patio or coffee shop. The Calgary Tennis club is in walking distance. Sunalta LRT makes it easy to get into the core or enjoy a walk along the river. Title underground parking stall and separate storage locker is a must. Building still has Alberta New Home Warranty coverage. Pet friendly building with board approval. More details
    Listed by RE/MAX Real Estate (Mountain View)
    DIANE RICHARDSON
  • 16 30 Shawnee Common SW in Calgary: Shawnee Slopes Apartment for sale : MLS®# A2177004

    16 30 Shawnee Common SW Shawnee Slopes Calgary T2Y 0R1
    Main Photo: 16 30 Shawnee Common SW in Calgary: Shawnee Slopes Apartment for sale : MLS®# A2177004
    $495,000
    Residential
    Status:
    Active
    MLS® Num:
    A2177004
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,194 sq. ft.
    Welcome to this beautiful modern TWO-storey condo unit with 2 beds, 2.5 baths, 2 heated underground parking stalls and one (1) storage locker. The home is located on the main and second floor on the northeast corner of a 5-storey building with a fantastic broad view of Fish Creek Provincial Park and Fish Creek - Lacombe C-Train Station. Besides being open to the public corridor inside the building, the unit has its own independent exterior entrance facing Shawnee Drive SW with only a 5-minute walk to the C-Train station, Fish Creek Provincial Park and Shawnee Slopes Public Tennis Court. It is an ideal home for all people who enjoy C-Train commute on workdays and outdoor activities on weekends. The main floor features a 9-foot ceiling and rich color laminate flooring. The bright and spacious living room is beside the gourmet kitchen. The upgraded kitchen has elegant full-height cabinets, stainless appliances, stylish lighting fixtures and quartz countertops with a centered dining island. Open to the living room and kitchen is the dining room that is big enough for you hosting family and friend gatherings. The half bath and full sized laundry room complete the main floor. The upper floor (also 9-foot ceiling) consists of two cozy bedrooms with each having its own ensuite. The master bedroom has two windows with one on the north elevation for the best view of Fish Creek Provincial Park and one on the east elevation looking at Fish Creek - Lacombe CTrain Station. A walk-through closet connects the bedroom and a 3 pc ensuite bathroom with a stand glass shower stall. Similar to the master bedroom, the other generous bedroom has a big window on the north elevation open to the view of Fish Creek Provincial Park. It has a walk through closet and 4 pc ensuite including a soaker tub. Besides the two bedrooms, there are two large closets on one side of the hallway. A den or flex room connects to a GIANT storage room at the end of the hallway on the upper floor. The unit has two side-by-side underground parking stalls. The parking stalls are located adjacent to the egress doors of both the unit and the garage. It provides greater convenience for the unit owner for moving back and forth from the unit to the garage and works as an attached garage with more luxury than a single family home. BBQ gas line hookup is ready under the large front porch. The unit has a separate huge full-height titled storage locker, which can provide more usable living space for the unit owner by safely storing seasonal items, such as winter tires and holiday decorations, in the locker. This unit was purchased as a work-live unit by the owner, however actually seldom used since it was built a few years ago. It is in an immaculate condition. Please explore more through the 3D virtual tour link before you head out with your realtor. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 707 1122 3 Street SE in Calgary: Beltline Apartment for sale : MLS®# A2158982

    707 1122 3 Street SE Beltline Calgary T2G 1H7
    Main Photo: 707 1122 3 Street SE in Calgary: Beltline Apartment for sale : MLS®# A2158982
    $495,000
    Residential
    Status:
    Active
    MLS® Num:
    A2158982
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    831 sq. ft.
    Love living downtown but missing the outdoor space? This SW corner terrace unit has it all; a rare find wrap around 685 sqft terrace with an incredible view of downtown. This corner layout has everything that you need. 7th floor features 10’ ceilings, offering the feeling of spaciousness & bright floor-to-ceiling windows bring the outside in. Sleek modern kitchen with built-in appliances, quartz countertop, and a microwave shelf to free up your counters. Upgraded closet built-ins in primary bedroom to maximize your space in condo living, primary with 4 pc ensuite. Titled indoor tandem parking is rare to find, located on the 4th level above ground, next to elevator doors with natural light coming into the parkade through shaded windows. Perfect location for the urban professional, walking distance to Saddledome, pathways, downtown, c-train, shops, restaurants & all amenities.... The Guardian features a concierge, fitness centre, social lounge, workshop, common area garden terrace with BBQ, and visitor parking. The lounge can be booked for private functions & features two TVs, a ping-pong table, a large dining table, comfortable couches, kitchen with full-size fridge, sink, microwave and plenty of counter space. The gym is located directly below the unit & parking is just 3 floors below. Don’t like waiting for an elevator? No problem, just walk down (or up) directly outside. Don’t miss the opportunity to enjoy the garden terrace! More details
    Listed by Century 21 PowerRealty.ca
    DIANE RICHARDSON
  • 254 301 Redstone Boulevard NE in Calgary: Redstone Row/Townhouse for sale : MLS®# A2146067

    254 301 Redstone Boulevard NE Redstone Calgary T3N 1V7
    Main Photo: 254 301 Redstone Boulevard NE in Calgary: Redstone Row/Townhouse for sale : MLS®# A2146067
    $495,000
    Residential
    Status:
    Active
    MLS® Num:
    A2146067
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,387 sq. ft.
    Experience exceptional quality, service, and warranty, by the award-winning STREETSIDE DEVELOPMENT, a Qualico company. It is a Corner End Unit 3 BEDROOM & 2.5 BATHROOM Featuring an open concept design on the main level this home has plenty of room for a formal dining area and great room. The large corner kitchen features a flush counter breakfast bar and roomy pantry. The main level also features a good-sized balcony with gas line. The upper level features Two BEDROOMS Full washroom and Master Bedroom with ensuite, and convenient upstairs laundry. The lower level features a single car ATTACHED GARAGE with a LOWER LEVEL FLEX SPACE. The "AVENUE 14.0" also offers plenty of storage space which make this the perfect amount of space for a young family or those looking to right-size. At REDSTONE PARK in Redstone, you get more for a lot less. Affordability comes first, without compromising on the things your family needs such as playgrounds, green spaces and much more. Start your new maintenance-free lifestyle right away in the comfort of your new home in this beautiful community More details
    Listed by Save Max Star
    DIANE RICHARDSON
  • 225 20 Avenue NW in Calgary: Tuxedo Park Detached for sale : MLS®# A2165142

    225 20 Avenue NW Tuxedo Park Calgary T2M 1C3
    Main Photo: 225 20 Avenue NW in Calgary: Tuxedo Park Detached for sale : MLS®# A2165142
    $495,000
    Residential
    Status:
    Active
    MLS® Num:
    A2165142
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    966 sq. ft.
    Exceptional Value in this fully detached home in Tuxedo, listed under $500k. This 1.5-storey character home is ideally located just steps from SAIT and minutes from downtown. The bright, open-concept main floor features a spacious living area, a comfortable primary bedroom, and a full 4-piece bathroom. Upstairs, you’ll find a versatile loft that can serve as an extra bedroom or flex space. The south-facing backyard offers a great outdoor area for relaxation or activities. This home is perfect for young families, investors, or first-time buyers, with easy access to shopping, transit, and downtown. Don’t miss this opportunity—reach out to your favourite Realtor today to schedule a showing! More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 74 cornerstone Row NE in Calgary: Cornerstone Row/Townhouse for sale : MLS®# A2176869

    74 cornerstone Row NE Cornerstone Calgary T3N 2K4
    Main Photo: 74 cornerstone Row NE in Calgary: Cornerstone Row/Townhouse for sale : MLS®# A2176869
    $496,425
    Residential
    Status:
    Active
    MLS® Num:
    A2176869
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,405 sq. ft.
    LOCATION, LOCATION, LOCATION ! Situated in the vibrant center of Cornerstone, this townhome provides exceptional convenience with a variety of amenities just steps away. Pre-construction unit available in 90 days. This brand new townhomes unit offer 3 stories, featuring 3 bedrooms, 2.5 bathrooms, and a 2-car tandem garage. Residents can easily reach popular destinations like Chalo-Fresco, Tim Hortons, Starbucks, and major banks including RBC, BMO, TD, and Scotiabank. For everyday needs, Shoppers Drug Mart is close by, along with a diverse selection of shops, eateries, and cafes within walking distance. Right off of Countryhills Blvd, having easy acess to stoney trail and Deerfoot trail. Families will value this home’s placement in a safe, multicultural neighborhood with nearby playgrounds perfect for children. Fitness enthusiasts will enjoy Anytime Fitness, just a 2-minute walk, while commuters have quick access to major roads. Ideally located, it’s only a 10-minute drive to CrossIron Mills and 9 minutes to the nearest train station, making travel simple and efficient. Inside, luxury details enhance the home, including quartz countertops in the kitchen and bathrooms, bringing elegance to daily life. The thoughtful layout also provides parking for up to 3 cars (2 inside and 1 on the driveway), ideal for larger households or families with multiple vehicles. Stainless steel Samsung appliance package will include oven stove, microwave, dishwasher, French door Fidge and washer dryer with the purchase of townhome. LVP throughout main floor and carpet on stairs and bedrooms with each room including walk-in closet. With everything from grocery stores to dining nearby, this townhome promises a lifestyle of ease and accessibility in one of Cornerstone’s most sought-after neighborhoods. Be among the first to own this newly built townhome. Scheduled for completion in the next 3 months. this property could be yours with just 5% down. For viewing - please contact the listing realtor to give a tour as it is in framing, and we have a Showhome that can be viewed. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 225 SAGE HILL Circle NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2152993

    225 SAGE HILL Circle NW Sage Hill Calgary T3R 1V2
    Main Photo: 225 SAGE HILL Circle NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2152993
    $497,500
    Residential
    Status:
    Active
    MLS® Num:
    A2152993
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,302 sq. ft.
    New-build investment opportunity located in Sage Hill Garden. This 2-master bedrooms, 2.5-bathroom townhome offers the opportunity for townhome ownership at a condo price point! It does an excellent job of maximizing the usability of all 1302 square feet. The open concept floor plan pushes all the space-consuming areas into the corners (stairs, counters, closets, washrooms), leaving the most amount of room available for rooms and entertainment areas. As a result, you'll notice the living area and room sizes are quite impressive. The 9' ceiling emphasizes a bright and open main floor which features an open dining area, modern kitchen, and large living room, leading to the balcony with a gas connection for BBQ. The contemporary kitchen is complete with a 42” cabinet with risers to the ceiling, stainless steel appliances, and a large island with a breakfast bar. Upstairs on the 2nd floor, the spacious master bedroom includes a 4-piece ensuite. Also on this floor is the 2nd bedroom with a private balcony and full bathroom. The laundry is on this floor as well so no need to haul clothes up and down. This home is thoughtfully designed and includes a maintenance-free, non-combustible, upgraded exterior. It consists of high-quality materials such as acrylic stucco, steel siding, and stone facia. Upgrades and material selections are still customizable as well (cabinetry, stone, LVP, and carpet. The area size was calculated by applying the RMS to the blueprints provided by the builder. Directions: More details
    Listed by RE/MAX House of Real Estate
    DIANE RICHARDSON
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