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.

SW Calgary Homes between $850,000 and over

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  • 2208 920 5 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2142464

    2208 920 5 Avenue SW Downtown Commercial Core Calgary T2P 5P6
    Main Photo: 2208 920 5 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2142464
    $850,000
    Residential
    Status:
    Active
    MLS® Num:
    A2142464
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,982 sq. ft.
    Experience exceptional urban living in the highly sought-after FIVE WEST Residence, where you can call this stunning nearly 2,000 sq ft abode with 2 bedrooms, a den, and 2.5 bathrooms your own. Enjoy breathtaking views of the Rocky Mountains and Bow River, all situated at the west end of Calgary's downtown, surrounded by shops and restaurants, and just a stroll away from Kensington via the Peace Bridge. This thoughtfully designed open-concept floor plan boasts floor-to-ceiling windows showcasing the downtown skyline to the south and north, along with magnificent views of the river valley and Rocky Mountains to the west. As you enter the spacious private custom-tiled foyer that leads into hardwood flooring, you'll be captivated by the city skyline vista and the separate dining area. To the left of the dining room, discover a generously sized bedroom with a full ensuite. On the right, a chef's kitchen awaits, featuring a large granite countertop island that overlooks a spacious sitting area complete with a gas fireplace and expansive south-facing views of Calgary's skyline. Also on the right, find a roomy den that can serve as a spare bedroom and the primary bedroom, which offers a full ensuite with a steam shower, a walk-in closet, and stunning river valley and mountain vistas. This remarkable residence further includes 2 private patios, one with natural gas hook up, a spacious storage locker, two titled parking stalls, concierge service, a party room, a car wash bay, a rooftop patio, and indoor visitor parking. Just a short walk away, indulge in some of Calgary’s finest dining options, including River Café on Princes Island Park, as well as the trendy shops and eateries in Kensington. This is a rare chance to transition from a spacious family home to a luxurious lock-and-leave lifestyle. More details
    Listed by RE/MAX Realty Professionals
    DIANE RICHARDSON
  • 1906 12 Street SW in Calgary: Lower Mount Royal Row/Townhouse for sale : MLS®# A2158041

    1906 12 Street SW Lower Mount Royal Calgary T2T 3N2
    Main Photo: 1906 12 Street SW in Calgary: Lower Mount Royal Row/Townhouse for sale : MLS®# A2158041
    $850,000
    Residential
    Status:
    Active
    MLS® Num:
    A2158041
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,924 sq. ft.
    * New Updated Price* Are you a professional single or couple?….. Do you need an extra LOFT space for a home OFFICE FITNESS area, or art STUDIO, complete with custom BUILT-IN desks and storage? Do you dream of living in an EXECUTIVE neighborhood with multi-million-dollar homes up the street? Do you desire a fully renovated, high-end CUSTOM home featuring exquisite details like CUSTOM cabinetry, hidden FLAT-PANEL fridges, a sleek MAGNETIC GLASS fireplace, INDUCTION cooktop, coffee bar, and a stunning stone island? Do you envision yourself in a home with TWO expansive PRIMARY bedrooms, each with a luxurious ENSUITE’S. Do DUAL sinks and MASSIVE SHOWERS come to mind? Do you deserve the comfort of DUAL FURNACES and AIR CONDITIONING for year-round climate control? Do you like to scrape ice off your car in the winter NO ? Then park in the large DOUBLE attached garage. Do you want to enjoy the convenience of walking to local RESTAURANTS, bars, and amenities? Do you value the convenience of CONDO LIVING with NO EXTERIOR MAINTENANCE, allowing you to LOCK and LEAVE whenever you travel? Do you deserve to live this inner-city executive lifestyle, just a short walk from downtown. YES ?? WELL, this should be your new home. We can not list of the amazing features here. Call your favorite Realtor with an eye for detail to view this home for yourself. (Click on the website link for more details) More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 1506 33 Avenue SW in Calgary: South Calgary Semi Detached (Half Duplex) for sale : MLS®# A2166523

    1506 33 Avenue SW South Calgary Calgary T2T 1Y3
    Main Photo: 1506 33 Avenue SW in Calgary: South Calgary Semi Detached (Half Duplex) for sale : MLS®# A2166523
    $850,000
    Residential
    Status:
    Active
    MLS® Num:
    A2166523
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    1,891 sq. ft.
    Step inside this remarkable half duplex, in the highly sought-after community of Marda Loop. With 5 bedrooms, 3.5 baths, and nearly 2,800 sqft. of beautifully developed living space, this home seamlessly blends comfort, convenience and sophistication. The main floor is open and inviting, with large windows filling the space with tons of natural light. Beautiful hardwood floors guide you through an inviting living space centred around a cozy gas fireplace, extending into a spacious dining room. Elegant crown molding adds a refined touch throughout, elevating the overall aesthetic. The gourmet kitchen is a chef’s delight, equipped with premium stainless steel appliances, a gas cooktop, subway tile backsplash, and granite countertops. A charming breakfast nook/informal dining area sits adjacent to the kitchen, with French doors that open onto a private patio and backyard—perfect for outdoor dining and entertaining. Upstairs, the primary bedroom is a serene retreat, featuring a large walk-in closet and a 5-piece spa-like ensuite. Featuring dual sinks, an oversized walk-in shower, and a large soaker tub. Two additional bedrooms, a full bathroom, and a convenient laundry room completes the upper level. The fully finished basement is an entertainer's dream, complete with a family/media room outfitted with a built-in projector, plus two additional bedrooms and a full 4-piece bath. One of the bedrooms even includes your very own sauna! Additional highlights of this home include a tankless water heater and newly installed central air conditioning (2024). Located mere minutes from downtown and within walking distance to Marda Loop’s trendy boutiques, cafes, restaurants, and recreational amenities, this home delivers the ultimate urban lifestyle. Don’t miss your chance on this exceptional property! More details
    Listed by RE/MAX Real Estate (Central)
    DIANE RICHARDSON
  • 217 Sirocco Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2172460

    217 Sirocco Place SW Signal Hill Calgary T3H 2N2
    Main Photo: 217 Sirocco Place SW in Calgary: Signal Hill Detached for sale : MLS®# A2172460
    $850,000
    Residential
    Status:
    Active
    MLS® Num:
    A2172460
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    1,576 sq. ft.
    Step into this extraordinary original CEDARGLEN showhome, nestled in the vibrant community of Signal Hill. Known for its mountain views, lush green spaces, and a welcoming spirit, Signal Hill offers an unparalleled living experience. With top-rated schools, Westside Recreation Centre, and shopping hubs like Westhills Towne Centre and Signal Hill Centre just minutes away, you’ll have everything you need at your fingertips. Just 15 mins drive to downtown or walk 700m to the nearby C-Train for an 11-minute ride downtown! A bike ride through nearby Edworthy Park and along the Bow River can get you downtown in 32 minutes! Beautiful hardwood and luxury laminate floors flow seamlessly throughout: No carpet here! Enjoy easy maintenance and a modern look with all hard surface flooring. Expansive Oversized Lot: Enjoy the freedom of a huge lot with generous sideyards, perfect for gardening, play, or simply relaxing. Garden Boxes: Grow your own fresh produce and flowers in the convenient garden boxes. Two Cozy Fireplaces: Warm up by one of the two woodburning fireplaces, perfect for those chilly Calgary evenings. Chef’s Dream Kitchen: The updated kitchen boasts white cabinets, stainless steel appliances, pantry cabinets, coffee/buffet station, and a large island. The spacious eat-in area is ideal for casual family meals. Elegant Dining: Host unforgettable dinners in the formal dining area. The living room features vaulted ceilings and large windows, creating a bright and airy space. The fully finished walkout basement opens with a seperate entrance to a large patio and yard, perfect for summer barbecues and gatherings. Take in the views from the expansive upper-level deck, a perfect spot for morning coffee, outdoor dining, or evening relaxation. Convenient main floor laundry room with ample storage space. The oversized, insulated double attached garage includes an accessibility elevator for added convenience as well as a separate entrance. Stay cozy with the energy-efficient and comfortable radiant heat system. Durable and long-lasting clay tile roof. The lower walk-out level features a huge family room, perfect for movie nights and gatherings. Host with ease at the downstairs wet bar. Plenty of space for a home office and gym. The primary bedroom includes a luxury ensuite bath with floor-to-ceiling tile and a walk-in shower. Enjoy spacious walk-in closets in the primary and downstairs bedrooms. Ample space for family and guests with five bedrooms and three full bathrooms. Located on a Tranquil street, offering peace quiet and safety. Patio doors from the eat-in kitchen and primary bedroom lead to the large Upper level deck, perfect for soaking up the sun. Don’t miss your chance to own this exceptional home in one of Calgary’s most desirable neighborhoods. Schedule a viewing today and experience the best of Signal Hill living! Disclosure: 2 of 3 downstairs bedrooms may need window alteration/enlargement to meet current codes/standards for sleeping areas. More details
    Listed by 2% Realty
    DIANE RICHARDSON
  • 2015 Palisprior Road SW in Calgary: Palliser Detached for sale : MLS®# A2177143

    2015 Palisprior Road SW Palliser Calgary T2V 3P2
    Main Photo: 2015 Palisprior Road SW in Calgary: Palliser Detached for sale : MLS®# A2177143
    $850,000
    Residential
    Status:
    Active
    MLS® Num:
    A2177143
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,244 sq. ft.
    Experience modern elegance and ultimate comfort in this beautifully updated 4-level split home. Step inside and enjoy the stunning hardwood floors on the main level. From the entrance, walk into the spacious living area with a cozy wood-burning fireplace and an elegant dining space. The newly renovated kitchen is a chef's dream. It has stainless steel appliances. They include an induction range, a microwave hood fan, a fridge, and a dishwasher. This kitchen has quartz countertops, an island, and a pantry. They add style and practicality. The island provides extra storage and prep space. The outdoor space is a true oasis. It has a sprawling Batu wood deck and inviting covered pergolas. They're perfect for hosting gatherings or relaxing.  The primary bedroom upstairs has a luxury ensuite. It has a tiled shower with dual shower heads and body sprays. The upper level has two additional bedrooms and a beautifully appointed 4-piece bath. The bathroom features quartz counters and a skylight. The lower level has a spacious rec room with an electric fireplace, a half bath, and a versatile den. The basement has a dedicated office with built-in cabinets. There is an additional bedroom, a storage room, and a laundry area. For added convenience, the oversized double garage is insulated and heated. It has a 60 Amp circuit and 50 Amp breaker, ready for your future hot tub. Recent upgrades include new carpet on the upper level, a new furnace, air conditioning, and fresh paint inside and out. This home is in a friendly, established neighbourhood. Location is everything. You are close to top schools, Glenmore Park, Fish Creek Park, bike paths, off-leash dog parks, local shops, restaurants, and the Southland Leisure Centre. Don’t miss out on this exceptional home—schedule your viewing today! More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 14319 Evergreen Street SW in Calgary: Evergreen Detached for sale : MLS®# A2171571

    14319 Evergreen Street SW Evergreen Calgary T2Y 3B1
    Main Photo: 14319 Evergreen Street SW in Calgary: Evergreen Detached for sale : MLS®# A2171571
    $850,000
    Residential
    Status:
    Active
    MLS® Num:
    A2171571
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,520 sq. ft.
    ***OPEN HOUSE Sunday - November 10, 2024 - 2:00 pm to 4:00 pm*** Welcome to this beautifully maintained BUNGALOW in Evergreen, just steps from Fish Creek Provincial Park and close to a playground, schools, and the C-train station for ultimate convenience! This home offers everything you need on one level, starting with a welcoming living room featuring soaring vaulted ceilings that give the space a grand, airy feel. Natural light floods in through the large windows, brightening the rich hardwood floors. At the heart of this bungalow is its kitchen, with sleek white cabinetry that adds a fresh and inviting vibe. Whether you’re enjoying a casual breakfast in the cozy nook or hosting a formal dinner in the designated dining area, you’ll love how effortlessly this home caters to your lifestyle. The kitchen overlooks the backyard, offering a peaceful view while you prepare your meals. Adjacent to the kitchen is a charming family room, complete with a fireplace and built-in shelves—a perfect spot to cozy up with loved ones or display your favorite keepsakes. The main floor also boasts a spacious primary bedroom featuring a walk-in closet and a 4-piece ensuite with a soaking tub and separate walk-in shower, making it your personal retreat. Downstairs, you’ll find a partially finished basement with two additional bedrooms, a full bathroom, another family room, and even more space for future development. The outdoor space is perfect for relaxation, with a large covered deck where you can unwind regardless of the weather. The beautifully landscaped yard offers a serene escape, and the DOUBLE-ATTACHED GARAGE provides plenty of room for vehicles and extra storage. This bungalow offers the ultimate combination of comfort and location, with everything from a playground and school to the C-train station just a short walk away. Don’t miss your chance to call this gem home—book your showing today! More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 15 Silverado Skies Manor SW in Calgary: Silverado Detached for sale : MLS®# A2174950

    15 Silverado Skies Manor SW Silverado Calgary T2X 0J7
    Main Photo: 15 Silverado Skies Manor SW in Calgary: Silverado Detached for sale : MLS®# A2174950
    $850,000
    Residential
    Status:
    Active
    MLS® Num:
    A2174950
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,495 sq. ft.
    Nestled in the family-friendly community of Silverado, this home spans an impressive 3649 square feet, including a fully developed basement. With five bedrooms, three and a half bathrooms, and a spacious family room, it's designed for comfortable living. As you enter, you'll be captivated by the gleaming hardwood floors that flow through the open living area, showcasing a gas fireplace and a beautiful kitchen equipped with a built-in oven/microwave combo, electric cooktop, and a double-door fridge with an ice and water dispenser. The main floor also features a den or study room, a laundry area, and a half bath. Upstairs, the expansive master bedroom boasts a luxurious 5-piece ensuite. The upper level is complemented by a large bonus room with vaulted ceilings, two generously sized bedrooms, and a full bath. The fully developed basement includes a spacious bedroom, a 4-piece bath, a wet bar, and an extensive family room, perfect for entertainment or a games room. Conveniently located close to shopping, schools, public transportation, and Spruce Meadows, known for its horse riding activities, Christmas market, and other events. Walking distance to the K-12 French immersion school. Easy access to Stoney Trail and Macleod Trail for seamless travel across the city. Don’t miss out on this exceptional home—call for your private viewing today! More details
    Listed by First Place Realty
    DIANE RICHARDSON
  • 529 Diamond Court SE in Calgary: Diamond Cove Detached for sale : MLS®# A2165562

    529 Diamond Court SE Diamond Cove Calgary T2J 7C8
    Main Photo: 529 Diamond Court SE in Calgary: Diamond Cove Detached for sale : MLS®# A2165562
    $850,000
    Residential
    Status:
    Active
    MLS® Num:
    A2165562
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    2,330 sq. ft.
    Visit REALTOR® website for additional information. Just minutes from walking trails, playgrounds, schools and the Bow river. This beautifully kept 3 bedroom, 2.5 bath home shows pride in ownership. Features include a full eat in kitchen with island and pantry, formal dining room, living room, den, family room with fireplace, laundry room and a 2 piece bathroom. Upstairs is the large master suite with walk in closets and a 4 piece ensuite, two bedrooms and full 4 piece bath. This home has lots of outdoor living space to enjoy. The oversized double garage offers lots of room for storage and toys. Upgrades include appliances, shingles, high efficiency furnace, water heater and humidifier. Also equipped with central vacuum. This home is located in a quiet area and has everything needed for families big or small. Very sought after neighbourhood where homes very rarely come up for sale. More details
    Listed by PG Direct Realty Ltd.
    DIANE RICHARDSON
  • 1303 1234 5 Avenue NW in Calgary: Hillhurst Apartment for sale : MLS®# A2161412

    1303 1234 5 Avenue NW Hillhurst Calgary T2N 0R9
    Main Photo: 1303 1234 5 Avenue NW in Calgary: Hillhurst Apartment for sale : MLS®# A2161412
    $850,000
    Residential
    Status:
    Active
    MLS® Num:
    A2161412
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,058 sq. ft.
    Overlooking tranquil Riley Park, this modern & airy 2 bedroom, 2 bath condo presents hardwood floors, high ceilings & floor to ceiling windows allowing plenty of natural light, which showcases an open plan with living & dining areas that are open to the kitchen that’s tastefully finished with quartz counter tops, island/eating bar, glossy white cabinetry & a stainless steel appliance package. The primary bedroom boasts a walk-in closet & private 5 piece ensuite with dual sinks, relaxing freestanding soaker tub & separate shower. The second bedroom & 4 piece bath are perfect for kids or guests. Other notable features include in-suite laundry complete with sink & storage, huge wrap-around balcony with views of Riley Park, one titled secured underground parking stall & an assigned storage locker. Building amenities include a fitness centre & party room. The central location is ideal – steps from Riley Park & close to West Hillhurst Community Association, Bow River pathways, trendy Kensington, SAIT, schools, shopping, public transit & walking distance to the downtown core. More details
    Listed by RE/MAX Real Estate (Central)
    DIANE RICHARDSON
  • 3412 1 Street NW in Calgary: Highland Park Detached for sale : MLS®# A2175704

    3412 1 Street NW Highland Park Calgary T2K 0W4
    Main Photo: 3412 1 Street NW in Calgary: Highland Park Detached for sale : MLS®# A2175704
    $850,000
    Residential
    Status:
    Active
    MLS® Num:
    A2175704
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,548 sq. ft.
    Attention Developers! This property is ready to develop with Development Permits pending for 2 single detached homes (scroll to see renderings) in the desirable community of Highland Park. The subdivision for the land has been applied for and will be executed upon removal of the existing structure. The development permit building plans are included in the sale price. The title can be consolidated if a semi-detached typology is preferred. The home itself is in good condition and will be sold in an as is state to the Buyer. Disclosure: Listing Realtor has an interest in the property. More details
    Listed by Royal LePage Solutions
    DIANE RICHARDSON
  • 8163 8 Avenue SW in Calgary: West Springs Row/Townhouse for sale : MLS®# A2168150

    8163 8 Avenue SW West Springs Calgary T3H 6B1
    Main Photo: 8163 8 Avenue SW in Calgary: West Springs Row/Townhouse for sale : MLS®# A2168150
    $852,900
    Residential
    Status:
    Active
    MLS® Num:
    A2168150
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,844 sq. ft.
    District Towns by TRUMAN – Experience upscale living in this stunning 3-Bedroom Townhome, ideally located in the growing and vibrant West District. Surrounded by parks, pathways, and premium shopping, this dynamic neighborhood offers both convenience and community. This beautifully crafted residence features 3 spacious Bedrooms, 2.5 luxurious Bathrooms, and an attached Double Heated Garage. On the main floor, you'll find a versatile Flex Room perfect for a home office. Inside, elegant finishes abound, including sleek wide plank flooring and soaring ceilings that enhance the open-concept design. The Kitchen is a culinary masterpiece with Full-Height Cabinetry, Soft-Close Doors, Gas Range, Fridge, Built in Microwave, and a convenient Pantry. The large Eat-Up Bar, accented with Quartz countertops, is ideal for casual dining or entertaining guests. The Primary Suite is a private oasis, boasting a generous walk-in closet and a 3-piece Ensuite. The upper floor also includes two additional Bedrooms, a stylish 4-piece Main Bathroom, and the convenience of an upper-floor laundry. Bright, airy, and move-in ready, District Towns offer a sophisticated lifestyle where you can truly live better. Don’t miss your chance to own this remarkable home! Photo Gallery of Similar Home* More details
    Listed by RE/MAX Real Estate (Central)
    DIANE RICHARDSON
  • 3 8101 8 Avenue SW in Calgary: West Springs Row/Townhouse for sale : MLS®# A2170752

    3 8101 8 Avenue SW West Springs Calgary T3H 6B1
    Main Photo: 3 8101 8 Avenue SW in Calgary: West Springs Row/Townhouse for sale : MLS®# A2170752
    $853,000
    Residential
    Status:
    Active
    MLS® Num:
    A2170752
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,680 sq. ft.
    Introducing DISTRICT TOWNHOMES AT CENTRAL PARK in West District. These stunning Truman built 3 bedroom townhomes are often imitated but never duplicated. Featuring our award-winning exterior designs and floorplans that feature custom built gourmet kitchens with designer appliances, massive owner’s retreat bedroom with luxurious spa ensuite, full size attached double garages, covered decks and much much more. Book your private show home tour today and experience West Side Living at West District. District Townhomes: masterfully finished in two designer schemes Blanc & Noir, with the opportunity to customize with upgrade options such as: wrought iron railing package, 60-inch electric fireplace and more. Visit our discovery center enjoy the master quality and customer service Truman has been delivering over 35 years! More details
    Listed by RE/MAX Real Estate (Central)
    DIANE RICHARDSON
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