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.

SE Calgary Condos for sale $200,000- $500,000

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1-12/495
  • 312 1712 38 Street SE in Calgary: Forest Lawn Apartment for sale : MLS®# A2162734

    312 1712 38 Street SE Forest Lawn Calgary T2A 1H1
    Main Photo: 312 1712 38 Street SE in Calgary: Forest Lawn Apartment for sale : MLS®# A2162734
    $159,900
    Residential
    Status:
    Active
    MLS® Num:
    A2162734
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    720 sq. ft.
    Here's a great opportunity to own a revenue property in Calgary for under $160,000!! Welcome to 312, 1712 38th Street SE in Calgary, this charming 720 sq ft unit offers 2 spacious bedrooms, a full 4 piece bathroom and your own private balcony space. Perfect for first-time homebuyers or as an investment opportunity, this unit features an open floorplan that seamlessly connects the kitchen, living room, and dining area, providing a spacious and inviting atmosphere. Plus! A designated parking stall in the underground parking garage for added security! Other great features of this location is the close proximity to many dining options, schools, parks, shopping, many amenities and the convenience to public transit. With quick access to Highway 1 and Deerfoot Trail plus only a 10 min drive to Downtown makes for easy travel throughout the city. Whether you're looking to step into homeownership or expand your investment portfolio, this apartment presents an excellent opportunity to enjoy the benefits of Calgary living. Contact your REALTOR® today! More details
    Listed by CIR Realty and Onyx Realty Ltd.
    DIANE RICHARDSON
  • 103 1712 38 Street SE in Calgary: Forest Lawn Apartment for sale : MLS®# A2173083

    103 1712 38 Street SE Forest Lawn Calgary T2A 1H1
    Main Photo: 103 1712 38 Street SE in Calgary: Forest Lawn Apartment for sale : MLS®# A2173083
    $159,900
    Residential
    Status:
    Active
    MLS® Num:
    A2173083
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    581 sq. ft.
    Welcome to a great turnkey 1-bedroom, 1-bathroom apartment close to all major stores and the best restaurants around the corner! This unique and stylish property is located just under 15 minutes from downtown. Many buses are available right at your corner. It has one underground parking spot with the extra option of free street parking. Convenience with an ensuite washer/dryer unit in the extra room. Feeling like having a drink with a friend? Your private, cozy balcony is the perfect spot! Enjoy your favourite shows on your brand new 50in smart TV and entertainment unit. The bathroom has been fully upgraded with new toilet, LED mirror, lights and shower components. Perfect for investors and newcomers as all brand new furniture is included. This is a truly one-of-a-kind artwork piece, a move-in ready opportunity! More details
    Listed by RE/MAX iRealty Innovations
    DIANE RICHARDSON
  • 209 1712 38 Street SE in Calgary: Forest Lawn Apartment for sale : MLS®# A2084617

    209 1712 38 Street SE Forest Lawn Calgary T2A 1H1
    Main Photo: 209 1712 38 Street SE in Calgary: Forest Lawn Apartment for sale : MLS®# A2084617
    $170,000
    Residential
    Status:
    Active
    MLS® Num:
    A2084617
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    815 sq. ft.
    2 bedroom apartment on second floor of low rise building;open living room kitchen floor plan ;patio door to balcony; underground park stall. More details
    Listed by Grand Realty
    DIANE RICHARDSON
  • 302 1712 38 Street SE in Calgary: Forest Lawn Apartment for sale : MLS®# A2176619

    302 1712 38 Street SE Forest Lawn Calgary T2A 1H1
    Main Photo: 302 1712 38 Street SE in Calgary: Forest Lawn Apartment for sale : MLS®# A2176619
    $170,900
    Residential
    Status:
    Active
    MLS® Num:
    A2176619
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    754 sq. ft.
    TOP FLOOR. THIS 2 BDRM ALMOST FULLY RENOVATED, CORNER, EAST FACING CONDO WILL NOT DISSAPOINT YOU AT THIS PRICE. FIRST TIME BUYER AND INVESTOR ALERT. AT 5% DOWN, $9,000, 4% MORTGAGE RATE, THATS $847 A MONTH + TAXES + $75 + MAINTENANCE FEE $619, THATS $1541 APPROX PER MONTH. WHY RENT?? Walking in you will see BEAUTIFUL VINYL PLANK FLOORING, NEW BASEMEBOARDS, OPEN CONCEPT, RENOVATED KITCHEN WITH SS APPLIANCES AND QUARTZ COUNTERTOPS. The rooms are spacious, and the balcony is off the living room, from a sliding glass door. It has a nice outlook, facing east, covered, quiet and cool. THE BATHROOM IS PARTIALLY RENOVATED, (TOILET AND VANITY). THE PRIMARY BDRM IS SPACIOUS WITH 2 LARGE WINDOWS. INCLUDED, AN INSUITE STORAGE, 1 ASSIGNED PARKING UNDERGROUND for added security and peace of mind. The washer and dryer are coin operated in the basement, 3$ a wash, 1$ for the dryer. There is a secure mail room as well. The International Ave is steps away More details
    Listed by One Percent Realty
    DIANE RICHARDSON
  • 110 1712 38 Street SE in Calgary: Forest Lawn Apartment for sale : MLS®# A2153373

    110 1712 38 Street SE Forest Lawn Calgary T2A 1H1
    Main Photo: 110 1712 38 Street SE in Calgary: Forest Lawn Apartment for sale : MLS®# A2153373
    $174,900
    Residential
    Status:
    Active
    MLS® Num:
    A2153373
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    818 sq. ft.
    2 BEDROOM GROUND LEVEL unit outstandingly located STEPS TO DIVERSE SHOPS, RESTAURANTS, SCHOOLS, the outdoor swimming pool and the RAPID TRANSIT LINE! FRESHLY PAINTED in a soft grey hue with stylish and durable LUXURY VINYL PLANK FLOORING THROUGHOUT (no carpet!). A private foyer with lots of storage houses seasonal items. Overlooking the living room, the kitchen has great connectivity and features an EATING BAR ON THE PENINSULA ISLAND along with loads of counter and cabinet space. The OPEN CONCEPT living and dining rooms are ideal for entertaining and relaxing alike. Glass sliding doors stream in natural light and provide access to the PRIVATE PATIO encouraging weekend barbeques nestled amongst MATURE LANDSCAPING. Both bedrooms are spacious and bright, sharing the 4-piece bathroom updated with a low flush toilet. Conveniently there is an IN-SUITE LAUNDRY room with hook-ups or a coin laundry just down the hall. HEATED UNDERGROUND PARKING additionally adds to your comfort and security. This unbeatable location provides easy access to downtown, Deerfoot Trail and is part of the City’s new redevelopment plan that includes the revitalization of International Avenue. This is your chance to get in on this increasingly desirable neighbourhood! More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 109 1712 38 Street SE in Calgary: Forest Lawn Apartment for sale : MLS®# A2167076

    109 1712 38 Street SE Forest Lawn Calgary T2A 1H1
    Main Photo: 109 1712 38 Street SE in Calgary: Forest Lawn Apartment for sale : MLS®# A2167076
    $175,000
    Residential
    Status:
    Active
    MLS® Num:
    A2167076
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    810 sq. ft.
    Unlock immediate rental income with this strategically located 2-bedroom, 1-bathroom apartment in the desirable Forest Lawn community. Boasting 810 sqft of well-designed living space, this property is a turnkey investment with an existing tenant secured until 2025 at a rental rate of $1,500 per month. The apartment features a bright, open living area ideal for attracting and retaining tenants. The modern kitchen, equipped with ample cabinet space and appliances, ensures ease of use and low maintenance. Both bedrooms are spacious and include generous closet space, enhancing tenant comfort and appeal. The property also includes valuable underground parking, providing secure and convenient parking for tenants—a highly sought-after feature. Situated in a vibrant neighborhood, the apartment offers proximity to amenities, public transit, and local parks, further increasing its rental desirability. With a reliable tenant in place and a steady rental income stream, this property is an excellent addition to any investment portfolio. Don’t miss this opportunity to acquire a hassle-free income-generating asset. Contact us today to learn more and arrange a viewing. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 702 221 6 Avenue SE in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2166904

    702 221 6 Avenue SE Downtown Commercial Core Calgary T2G 4Z9
    Main Photo: 702 221 6 Avenue SE in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2166904
    $175,000
    Residential
    Status:
    Active
    MLS® Num:
    A2166904
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    691 sq. ft.
    Welcome to this stunning end unit 1 bedroom, 1 bathroom apartment in the highly sought-after Rocky Mountain Court complex in Downtown Calgary! This prime location offers unbeatable convenience, with the C-Train, shopping, and parks just steps away. Residents of this well-managed complex enjoy a host of amenities, including a gym, sauna, racquetball courts, and a 4th-floor rooftop common space. Step inside this expansive end unit and be amazed by the open floor plan. The kitchen boasts plenty of counter and cabinet space, complete with a bar-height eating area. There's also room for a dedicated dining area and a spacious living room, perfect for entertaining or relaxing. The living area flows seamlessly to a massive balcony with stunning views of Downtown Calgary. The primary bedroom is generously sized, comfortably fitting a king-sized bed along with all your furniture. The 4-piece bathroom is conveniently located next to the bedroom for ease of use. Additionally, there's a versatile flex/storage room, ideal for storing your belongings or setting up a home office. Completing this unit is a covered, secured parking stall, offering convenience and peace of mind. Don't miss the opportunity to own this incredible end unit in one of Downtown Calgary's best complexes! More details
    Listed by MaxWell Canyon Creek
    DIANE RICHARDSON
  • 201 1027 12 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2153393

    201 1027 12 Avenue SW Beltline Calgary T2R 0J5
    Main Photo: 201 1027 12 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2153393
    $188,000
    Residential
    Status:
    Active
    MLS® Num:
    A2153393
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    464 sq. ft.
    Exceptional VALUE fo this Beltline condo. Why rent when you can OWN this condo in the heart of downtown Calgary’s vibrant Beltline. You will love the INNERCITY LIFESTYLE with a grocery stores, shops and restaurants just steps away and minutes to Calgary’s trendy 17th Ave which offers tons shops and restaurants. The bike lane is across the street which connects to endless pathways and river pathways throughout the city! This well-designed unit features an open layout. The spacious living room has patio doors that lead to your BALCONY. There is newer flooring throughout. There is a common parking lot in the back of the building (8 stalls for 16 units). You can use any of the available parking stalls otherwise there is typically ample Street parking. The building off the offers common laundry. Don’t miss out on this opportunity to own ! More details
    Listed by RE/MAX Real Estate (Central)
    DIANE RICHARDSON
  • 901 221 6 Avenue SE in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2155350

    901 221 6 Avenue SE Downtown Commercial Core Calgary T2G 4Z9
    Main Photo: 901 221 6 Avenue SE in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2155350
    $194,900
    Residential
    Status:
    Active
    MLS® Num:
    A2155350
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    705 sq. ft.
    Welcome to your new home at Rocky Mountain Court, a south-facing gem with over 700 sq.ft. of space in Calgary’s downtown core. This unit is ideally situated within walking distance of key downtown amenities like the C-train, Central Library, Olympic Plaza, and City Hall. With a practical floor plan, this unit includes a spacious balcony and floor-to-ceiling windows that fill the living room with natural light. A generous bedroom and a storage room that can be transformed into a den provide versatility for your living arrangements. An indoor assigned parking stall is also included in the purchase. The carpets were replaced in 2020 and the unit was repainted in 2021. Enjoy access to the building’s amenities, including a sauna, fitness center, and racquetball courts, which enhance the appeal of this downtown location. Don’t let this chance slip by to own a piece of Calgary's vibrant city life. More details
    Listed by 2% Realty
    DIANE RICHARDSON
  • 403 1334 12 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2175013

    403 1334 12 Avenue SW Beltline Calgary T3C 3R9
    Main Photo: 403 1334 12 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2175013
    $195,000
    Residential
    Status:
    Active
    MLS® Num:
    A2175013
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    561 sq. ft.
    Welcome to The Ravenwood! This 8-storey apartment building is ideally located just minutes from Kensington, the river, and downtown. Perfect for singles or couples, this charming 1-bedroom unit on the 4th floor boasts an inviting open floor plan with elegant hardwood and tile flooring throughout. The kitchen features sleek black appliances, Maple cabients, seamlessly flowing into a spacious living room that opens onto a sun-drenched South-facing balcony—ideal for morning coffee or evening relaxation. The generously sized bedroom includes a large mirrored closet and laminate flooring, conveniently situated next to a full bathroom. Enjoy the added benefits of a spacious in-suite laundry and storage area, as well as a titled parking stall in a secure underground parkade. The building also offers a bike storage room and a well-equipped exercise room. With the vibrant shopping and amenities of the Beltline just a stone's throw away, this unit is the perfect retreat for the urban dweller seeking comfort and convenience, or for a savvy investor looking for a perfect rental opportunity! More details
    Listed by Greater Property Group
    DIANE RICHARDSON
  • 403 313 20 Avenue SW in Calgary: Mission Apartment for sale : MLS®# A2153565

    403 313 20 Avenue SW Mission Calgary T2S 0E6
    Main Photo: 403 313 20 Avenue SW in Calgary: Mission Apartment for sale : MLS®# A2153565
    $199,900
    Residential
    Status:
    Active
    MLS® Num:
    A2153565
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    477 sq. ft.
    Discover your dream home in the heart of Mission, one of the most sought-after neighborhoods. This cozy 1 bedroom, 1 bathroom condo is perfect for first-time home buyers looking to step into the real estate market or savvy investors seeking a prime location. Situated near the beautiful Elbow River, residents can enjoy morning jogs or evening strolls just a short 3-minute walk from their front door. The vibrant food scene on 4th Street, filled with numerous cafes, restaurants, and pubs, is within easy reach, and 17 Avenue SW offers even more dining and entertainment options. For fitness enthusiasts, the renowned MNP Sports Centre provides access to superb pools and fitness facilities. This condo offers an unparalleled lifestyle, combining the convenience of urban living with the tranquillity of a prime location. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 208 1025 14 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2173636

    208 1025 14 Avenue SW Beltline Calgary T2R 0N9
    Main Photo: 208 1025 14 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2173636
    $200,000
    Residential
    Status:
    Active
    MLS® Num:
    A2173636
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    508 sq. ft.
    Welcome to Ellendale just a 5 minute walk from 17th ave! Check out this 1 bedroom - 1 bathroom home located on a beautiful one way street in the heart of the Beltline. Offering just over 500 square feet of bright living space perfect for a first-time buyer, investors or downsizers. This south facing property features a large bedroom with lots of closet space, a spacious kitchen with a peninsula big enough to sit three comfortably, and living space with lots of natural light. Step through your patio doors to your own balcony to enjoy your morning coffee! The unit also features its own in suite laundry with a washer/dryer all-in-one unit. You also get your own assigned parking space that is conveniently located in the rear of the building. Don’t miss out on getting into this property close to the all the excitement downtown has to offer! More details
    Listed by Real Broker
    DIANE RICHARDSON
1-12/495
Data was last updated November 11, 2024 at 04:05 PM (UTC)
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.