Southeast Calgary Homes for Sale: $500,000 to $600,000 Price Range (Updated Daily)

For those seeking affordability without sacrificing quality, the southeast quadrant of Calgary offers a wide selection of homes priced between $500,000 and $600,000. This price bracket is perfect for first-time homebuyers, young professionals, and small families, providing access to vibrant communities with plenty of amenities.

Key Highlights of Southeast Calgary Homes for Sale ($500,000 to $600,000):

  • Comfortable Living Spaces: Homes in this range often feature modern layouts, efficient use of space, and are designed with both style and practicality in mind.

  • Contemporary Features: Expect to find homes with updated kitchens, bathrooms, and fixtures, as well as appealing touches like hardwood floors, stainless steel appliances, and energy-efficient systems.

  • Community Amenities: Southeast Calgary is known for its excellent schools, abundant parks, and a variety of community centers that offer programs and services for all ages.

  • Outdoor Recreation: Residents can enjoy easy access to nature trails, public parks, and other outdoor recreational facilities, perfect for active lifestyles and weekend adventures.

  • Proximity to Essentials: The area boasts great connectivity to Calgary's city center and major highways, plus proximity to shopping, dining, and entertainment options, ensuring convenience at every turn.

  • Investment Opportunity: This price range is particularly attractive for those looking to enter the housing market, with potential for property value appreciation due to Calgary’s growing demand and development.

Partner with a Trusted Real Estate Expert: Diane Richardson, with her extensive experience in Southeast Calgary’s real estate market, is ideally positioned to help you navigate your home buying journey. Diane’s commitment to client satisfaction and her knowledge of the market trends make her an invaluable resource for any buyer.

Contact Diane Richardson:

Embark on Your Home Buying Journey in Southeast Calgary

Whether you are a first-time buyer or looking to downsize, the homes in the $500,000 to $600,000 range offer great value and a supportive community environment. Let Diane Richardson assist you in finding a home that meets your needs and budget in one of Calgary’s most appealing areas.

Contact Diane Richardson: 

Get in Touch with Your Questions or to Schedule Viewings via Phone, Email, Contact Form, or Live Chat

Contact Options:

  • Contact Form: Use the form on my website to send me a message directly. Please provide your name, email address, and message, and don't forget to include the property address or MLS® number for the listing you're interested in.

  • Phone Number: Call me directly at 403.397.3706 for any questions or to schedule viewings.

  • Email Address: Send me an email at Diane@Mypadcalgary.com for additional information or questions you may have.

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    This is a great way to get immediate answers to your questions. To ensure a prompt response, please include the property address or MLS® number for the listing you are interested in.

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331 47 Avenue SW
Elboya Calgary T2S 1C1

$798,000
Residential beds: 5 baths: 2.0 1,319 sq. ft. built: 1955

Main Photo: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 1: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 2: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 3: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 4: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 5: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 6: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 7: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 8: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 9: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 10: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 11: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 12: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 13: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 14: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 15: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 16: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 17: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 18: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 19: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 20: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 21: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 22: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 23: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 24: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Photo 25: 331 47 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2191191
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2191191
Bedrooms:
5
Bathrooms:
2
Year Built:
1955
Prime Opportunity in Highly Sought-After Elboya – Ideal for Redevelopment or Renovation! Located in one of Calgary’s most desirable communities, this 50’ x 120’ lot presents an exceptional opportunity for redevelopment or a stunning renovation. Surrounded by extensively updated homes and brand-new builds, this property is perfect for investors, builders, or homeowners looking to create their dream home. This charming mid-century residence offers solid bones, including original oak hardwood floors (sanded in 2022) and a bright, fully fenced, south-facing backyard with mature trees. The main level features a spacious living and dining area with original ceiling details and large picture windows that flood the space with natural light. The upper floor includes three generously sized bedrooms and a four-piece bathroom—ideal for families. The fully developed basement (unregistered illegal secondary suite DP started) provides additional living space with a large recreation/family room with wood burning stove (currently capped), bar, den, bedroom, kitchen appliances, full bathroom and laundry area. The expansive backyard is fully fenced and includes a large patio, perfect for outdoor entertaining. Recent updates include roof, furnace, and hot water tank (2010). Whether you choose to renovate and modernize or redevelop entirely, this property is a rare find in a prime location—just steps from Elboya School, Stanley Park, the Elbow River, and transit, with Chinook Mall and downtown Calgary only minutes away. Don’t miss this chance to secure a premium lot in a rapidly transforming neighborhood!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
Bungalow
Total Living Area:
1,319.46 sq. ft.
Main Level Finished Area:
1,319.46 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,137.55 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,995 sq. ft.
Lot Frontage:
50'
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
Northeast
Reg. Size:
Reg. Size Includes:
Levels:
One
Total Rooms Above Grade:
8
Year built:
1955 (Age: 70)
Bedrooms:
5 (Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
1
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
357GU
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame, Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Hardwood, Linoleum
Cooling:
None
Fireplaces:
1
Fireplace Details:
Wood Burning Stove
Garage:
0
Parking:
Off Street, Parking Pad
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Basement
Elboya
Electric Stove, Range Hood, Refrigerator, Washer/Dryer, Window Coverings
Refrigerator, Stove and range hood in basement
Restrictive Covenant
Floor
Type
Size
Other
Main Floor
Foyer
4'6" × 3'7"
Main Floor
Living Room
20'8" × 12'9"
Main Floor
Dining Room
12'7" × 10'1"
Main Floor
Kitchen
9'10" × 7'
Main Floor
Bedroom
13'2" × 10'2"
Main Floor
Bedroom
13'2" × 10'2"
Main Floor
Bedroom
14'4" × 9'1"
Main Floor
Bedroom - Primary
14'5" × 10'4"
Basement
Bedroom
22'1" × 13'4"
Basement
Den
9'1" × 8'1"
Basement
Dining Room
12'5" × 11'9"
Basement
Kitchen
12'5" × 8'10"
Basement
Laundry
6'9" × 5'3"
Basement
Game Room
25'3" × 14'2"
Basement
Furnace/Utility Room
10'7" × 7'10"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
7'7" x 9'7"
Basement
No
4
9'6" x 4'11"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Storage
Exterior Features:
None
Patio And Porch Features:
Patio
Lot Features:
Back Lane, Back Yard
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
Feb 01, 2025
Days on Mkt:
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    Imagine the possibilities!!!
Listed by RE/MAX First
Data was last updated February 23, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$929,000
Min list price:
$798,000
Max list price:
$3,449,900
Avg days on market:
11
Min days on market:
2
Max days on market:
40
Avg price per sq.ft.:
$782.35
These statistics are generated based on the current listing's property type and located in Elboya. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706