5116 Forego Avenue
- 5 bd
- 2 ba
- 1,039 sq ft
- House
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Under $500,000 is where most first-time buyers start in Calgary. This page shows every residential listing at or below $500K — mostly condos and townhouses, plus some houses and duplexes further from the core.
See all 2,737 homes under $500K →
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Homes in Calgary, under $500K — a short daily e-mail only when something new is listed.
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Calgary Home Buyer’s Guide 2026
Down payment and CMHC rules, first-time buyer programs, Alberta closing costs, prices by district and checklists.
Get the free guideOn homes up to $500,000 the minimum down payment is 5% (with mortgage default insurance). Get pre-approved first so you know your real budget.
First-time buyers can use a First Home Savings Account (FHSA) and the RRSP Home Buyers' Plan towards the down payment.
Alberta has no land transfer tax — closing costs are mainly legal fees, title insurance, registration fees and moving.