Discover Bungalow-Style Homes in Calgary Under $500K — Ideal for First-Time Buyers & Investors
If you’re in the market for a house in Calgary for under $500,000, this is the kind of property you want to be watching. Bungalow style homes in older, established neighbourhoods offer serious advantages—and most can accommodate a basement suite for extra income.
Why these homes are a smart buy
Many of these are bungalows or mature detached homes on larger lots than typical new builds—meaning better location and long-term value.
Potential to convert or use the basement suite: If you don’t use the basement yourself (and many older buyers don’t), you can rent it out, generate extra income, have the tenant cut grass or shovel snow—a very Canadian win-win.
In older neighbourhoods, people tend to hang on rather than flip—so you’re looking at stronger hold value, less volatility.
Great for either living in or investing: Sub-$500K entry means you’re in the game without over-reach; upside is built-in.
Here’s what I specialise in
Finding only the best of these types of homes in Calgary—those that match: bungalow/older style, large lot, basement suite friendly (or already suited), neighbourhood with staying power. If you want to lock in a durable asset that works whether you live there or rent it, let’s connect. The deals that hit this sweet-spot don’t stay around long. I can also help investors with finding awesome tenants.