Diane Richardson

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Affordable Calgary Homes for Sale Under $500,000 Calgary Homes for Sale Under $500,000

Looking for Calgary homes for sale under $500,000? Discover an array of affordable properties in one of Canada’s most dynamic cities. In Calgary’s thriving real estate market, buyers can enjoy exceptional value without compromising on quality or convenience. Whether you are a first-time buyer, a savvy investor, or someone ready to downsize, affordable Calgary homes provide the perfect opportunity to secure a comfortable lifestyle in a vibrant community.

Our comprehensive listings showcase a variety of properties under $500,000, from cozy condos to charming single-family homes. Each listing is carefully selected for its prime location, modern amenities, and potential for future growth. Many of these homes are situated in family-friendly neighborhoods, close to top-rated schools, parks, shopping centers, and essential services. This makes owning a home not only a smart financial investment but also a gateway to enjoying Calgary’s exceptional quality of life.

By leveraging expert insights and in-depth market knowledge, you can confidently navigate the competitive Calgary market. Explore our selection today and let us help you find the ideal home that fits your budget and lifestyle, turning your dream of homeownership into a reality.

Contact Diane Richardson

Phone: 403.397.3706
Email: diane@mypadcalgary.com

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Get in Touch with Diane Richardson – Your Trusted Calgary Real Estate Professional

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Don't hesitate—reach out today and experience stress-free, professional guidance from Diane Richardson!

Just Listed $1,000,000 Calgary Luxury Homes

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  • 234 Marquis Point SE in Calgary: Mahogany Detached for sale : MLS®# A2242810

    234 Marquis Point SE Mahogany Calgary T3M 1M8
    Main Photo: 234 Marquis Point SE in Calgary: Mahogany Detached for sale : MLS®# A2242810
    $1,000,000
    Residential
    Status:
    Active
    MLS® Num:
    A2242810
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,258 sq. ft.
    Discover this highly coveted home, a true testament to pride of ownership, nestled in Mahogany – consistently one of Calgary's most desirable and family-oriented communities. This property, meticulously cared for and beautiful inside, showcases an immaculate presentation (10/10) with extensive upgrades found throughout. The outdoor space is a spectacular highlight; the backyard is truly a family dream, boasting one of the best yards in Mahogany, complete with a unique putting green for endless enjoyment. A sunny, south-facing deck provides a perfect setting for outdoor living and entertaining. Spanning 2,257 square feet, this residence features a thoughtfully designed, fully finished interior with four spacious bedrooms and three-and-a-half modern bathrooms. The fully developed basement further enhances the living space, offering versatility for every family's needs. Enjoy unparalleled access to Mahogany's signature amenities, with the tranquil wetlands just steps away and the expansive lake a short distance from your front door. This home offers an exceptional blend of sophisticated living and a vibrant community lifestyle. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 6 431029 Range Road 261: Rural Ponoka County Commercial Land for sale : MLS®# A2093468

    6 431029 Range Road 261 Rural Ponoka County Rural Ponoka County T4J 1R4
    Main Photo: 6 431029 Range Road 261: Rural Ponoka County Commercial Land for sale : MLS®# A2093468
    $1,000,000
    Land
    Status:
    Active
    MLS® Num:
    A2093468
    Lot 6. Own a 10 acre parcel of commercial land in the heart of Central Alberta in the County of Ponoka. Build your new business in a newly created subdivision with several large well established companies in a nice industrial area. Dirt work has been brought up to sub grade with some services to the lot line. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 604 56 Avenue SW in Calgary: Windsor Park Detached for sale : MLS®# A2243027

    604 56 Avenue SW Windsor Park Calgary T2V 0G8
    Main Photo: 604 56 Avenue SW in Calgary: Windsor Park Detached for sale : MLS®# A2243027
    $1,000,000
    Residential
    Status:
    Active
    MLS® Num:
    A2243027
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    864 sq. ft.
    This prime 50x120 ft corner lot is ideally located in the heart of Windsor Park - just minutes from Chinook Centre, major transit, schools, parks and offers quick, easy access to downtown. Whether you're a builder, investor, or developer, this is a fantastic opportunity to capitalize on one of Calgary’s most desirable inner city communities. Even more exciting - this lot (604 56 Avenue SW) can be purchased in conjunction with 608 56 Avenue SW and 612 56 Avenue SW, offering a rare chance to assemble three large adjoining lots. Endless potential for a larger scale development (subject to city approval). Opportunities like this don’t come up often - don’t miss out! More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 7 431029 Range Road 261: Rural Ponoka County Commercial Land for sale : MLS®# A2093470

    7 431029 Range Road 261 Rural Ponoka County Rural Ponoka County T4J 1R4
    Main Photo: 7 431029 Range Road 261: Rural Ponoka County Commercial Land for sale : MLS®# A2093470
    $1,000,000
    Land
    Status:
    Active
    MLS® Num:
    A2093470
    Lot #7. Own a 10 acre parcel of commercial land in the heart of Central Alberta in the County of Ponoka. Build your new business in a newly created subdivision with several large well established companies in a nice industrial area. Dirt work has been brought up to sub grade with some services to the lot line. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 4913 16 Avenue SE in Calgary: Forest Lawn Full Duplex for sale : MLS®# A2242445

    4913 16 Avenue SE Forest Lawn Calgary T2A 0P1
    Main Photo: 4913 16 Avenue SE in Calgary: Forest Lawn Full Duplex for sale : MLS®# A2242445
    $1,000,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2242445
    Floor Area:
    1,957 sq. ft.
    Opportunity knocks with this duplex featuring a Duplex with a 4PLEX setup, 4 units in total - a rare and versatile cash-flowing property! Situated on a spacious 120’ x 68’ corner lot (over 8,000 SQFT) and zoned MC-1, this property is loaded with future redevelopment potential including infill, multi-unit, or mixed-use possibilities (all subject to city approval). Located just one block from vibrant International Avenue (17th Ave SE), tenants enjoy easy access to transit, shopping, restaurants, and schools. The property has a strong rental history with zero vacancy, previously generating $6,900/month in rental income with shared utilities. Recently updated on the 4915 side. Whether you're looking to hold for future development, generate cash flow, or reconfigure into a legal fourplex, the potential here is undeniable. Call for more details before it's GONE! More details
    Listed by Skyfort Estate
    DIANE RICHARDSON
  • 5645 Lakeside Way: Innisfail Residential Land for sale : MLS®# A2212432

    5645 Lakeside Way Innisfail Innisfail T4G 0H4
    Main Photo: 5645 Lakeside Way: Innisfail Residential Land for sale : MLS®# A2212432
    $1,000,000
    Land
    Status:
    Active
    MLS® Num:
    A2212432
    **Endless Opportunity Awaits in Innisfail** Location truly makes all the difference, and this 6.57-acre parcel of prime land has it all! Situated directly across from the prestigious Innisfail Golf Course and conveniently located on Hwy 42 within town limits, this property is a golden opportunity to make your mark in one of Alberta's most charming and promising communities. Currently zoned R-3, the possibilities are vast. With town approval, you could develop single-family homes, spacious acreage lots, or even consider other creative projects. This land also boasts a unique feature—a Napoleon Lake frontage area, adding serene natural beauty and incredible potential to your vision. **Welcome to Innisfail** Innisfail offers an unbeatable blend of small-town charm, natural beauty, and modern convenience. From the renowned golf course to the vibrant local culture, parks, and recreational opportunities, Innisfail is the perfect backdrop for a development that enhances the community. Strategically located near major highways, the town is poised for growth and provides the perfect environment for new ventures. **Prime Land, Infinite Possibilities** Whether you're a developer, builder, or dreamer, this exceptional property offers a rare opportunity to create something truly special. With its incredible location and unique features, it’s more than just land—it’s the foundation of your next great project. More details
    Listed by RE/MAX real estate central alberta
    DIANE RICHARDSON
  • 50 Masters Avenue SE in Calgary: Mahogany Detached for sale : MLS®# A2244129

    50 Masters Avenue SE Mahogany Calgary T3M 2B1
    Main Photo: 50 Masters Avenue SE in Calgary: Mahogany Detached for sale : MLS®# A2244129
    $1,000,000
    Residential
    Status:
    Active
    MLS® Num:
    A2244129
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,421 sq. ft.
    OPEN HOUSE Sunday, August 10, 3:00-5:00 - Step into this stunning 4-bedroom Trico built walkout home, offering over 3,300 sq ft of developed living space, and backing directly onto a peaceful pathway with direct access to the Mahogany wetlands—providing rare privacy and scenic views right in your own backyard. The fully fenced yard and elevated balcony make it easy to enjoy your morning coffee or take in breathtaking evening sunsets while overlooking one of the most desirable natural landscapes in the city. Inside, a grand front entry leads into a bright, open-concept main floor where expansive windows flood the kitchen, dining, and living areas with natural light. A central fireplace serves as a cozy focal point of the living room, while the kitchen features a quartz countertop island, generous counter space, and direct access to the upper balcony for effortless indoor-outdoor living. A smart walkaround layout connects seamlessly to the mudroom, attached garage, and convenient half-bath. Throughout the main floor, engineered hardwood flooring enhances the sense of flow and style. Upstairs, you'll find a spacious bonus room ideal for a media area or playroom, along with two additional bedrooms that share a full bath. The standout is the luxurious primary retreat, complete with high tray ceilings, a spa-inspired ensuite featuring a soaker tub, walk-in shower, double vanity, and a large walk-in closet. The fully finished walkout basement has been newly developed with modern style ~ which offers even more living space, including another generous great room with direct access to the backyard and the serene private pathway beyond which takes you through the various nature setting wetlands. You will also find a spacious additional bedroom with outdoor access, a 3-piece bathroom, and a built-in bar area—perfect for entertaining. For further comfort and convenience, the home has dual air-conditioning, perfect for year-round comfort! Located in the vibrant lake community of Mahogany, you can enjoy exclusive access to beaches, swimming, paddleboarding, and year-round recreation with skating as a winter seasonal hi light. With top-rated schools, shops, restaurants, and a lively community center nearby, Mahogany offers the perfect blend of nature, luxury, and convenience. More details
    Listed by RE/MAX Realty Professionals
    DIANE RICHARDSON
  • Range Road 12: Rural Red Deer County Agriculture for sale : MLS®# A2213739

    Range Road 12 Rural Red Deer County Rural Red Deer County T4G 0M9
    Main Photo: Range Road 12: Rural Red Deer County Agriculture for sale : MLS®# A2213739
    $1,000,000
    Agri-Business
    Status:
    Active
    MLS® Num:
    A2213739
    Escape to nearly 99 acres of untouched serenity on the north bank of the Red Deer River, featuring close to a half-mile of pristine river frontage. Perfectly situated on the highway between Innisfail and Gleniffer Lake, this remarkable property offers unmatched privacy and endless recreational opportunities. Whether you're dreaming of building a secluded home, planning family camping trips, or seeking a peaceful vacation escape, this land delivers. With direct river access, the property is ideal for fishing, kayaking, and wildlife watching. Blaze your own path and create your own hiking trails across the diverse terrain, or enjoy hunting on your own private wilderness. The possibilities for adventure and solitude are yours to shape. No reservations required to a truly private retreat where nature, peace, and freedom meet. More details
    Listed by Century 21 Maximum
    DIANE RICHARDSON
  • 13 Meadowview Road SW in Calgary: Meadowlark Park Detached for sale : MLS®# A2245742

    13 Meadowview Road SW Meadowlark Park Calgary T2V 1V9
    Main Photo: 13 Meadowview Road SW in Calgary: Meadowlark Park Detached for sale : MLS®# A2245742
    $1,000,000
    Residential
    Status:
    Active
    MLS® Num:
    A2245742
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,368 sq. ft.
    Welcome to this beautifully maintained and thoughtfully updated home in desirable Meadowlark Park a peaceful inner city neighbourhood known for its tree lined streets, walkability, and unbeatable location. Perfect for working professionals, empty nesters, or anyone seeking an easy care home with style, this property blends timeless charm with modern upgrades for comfort, character, and convenience inside and out. Step inside to a bright, airy layout with large windows, a spacious living room, and a central dining area ideal for entertaining or relaxed evenings. The kitchen features timeless cabinetry, updated lighting, and a smart, efficient design. French doors open directly to the deck, where you’ll find a lush, handcrafted garden oasis and patio space perfect for morning coffee or summer dinners. Facing a park and green space right across the street, you’ll enjoy year round views and a serene, open feel. A skylight above the central staircase floods the home with natural light, while wide plank flooring, modern fixtures, and soft neutral tones create a calming atmosphere. The lower level offers warmth and function, complete with a bar fridge, stackable washer & dryer, and a water filtration system located in the utility room. Year round comfort is ensured with central air conditioning and a hot tub for private relaxation. Outdoors, the fully fenced backyard is a private retreat with hand dug perennial beds (established in 2021), mature trees, and pollinator friendly landscaping. Whether you garden, entertain, or simply relax, this yard offers endless enjoyment. Location is unbeatable: only a 10 minute drive to downtown Calgary, with the current owner noting she enjoys her quick, scenic commute. Easy access to Chinook LRT, Elbow Drive, Macleod Trail, and Glenmore Trail keeps you connected to the city, while being minutes from Chinook Centre, restaurants, and entertainment. Families and pet owners will love proximity to top rated schools, off leash parks, and walking trails. If you’re seeking a move in ready home that offers inner city convenience, lush outdoor living, and a welcoming community, this property delivers it all. Book your showing today and discover why Meadowlark Park is one of Calgary’s hidden gems. More details
    Listed by Real Broker
    DIANE RICHARDSON
  • Range Road 271 TWSP 252A: Rural Rocky View County Commercial Land for sale : MLS®# A2218671

    Range Road 271 TWSP 252A Rural Rocky View County Rural Rocky View County T0J 1Y0
    Main Photo: Range Road 271 TWSP 252A: Rural Rocky View County Commercial Land for sale : MLS®# A2218671
    $1,000,000
    Land
    Status:
    Active
    MLS® Num:
    A2218671
    82.35 acres on one title. Can be purchased alone or together with listing A2218660. Potential opportunity exists to subdivide due to the proximity to Dalroy. More details
    Listed by AGRA Risk Realty
    DIANE RICHARDSON
  • 34186 Township Road 240: Rural Rocky View County Detached for sale : MLS®# A2221957

    34186 Township Road 240 Rural Rocky View County Rural Rocky View County T3Z 2X7
    Main Photo: 34186 Township Road 240: Rural Rocky View County Detached for sale : MLS®# A2221957
    $1,000,000
    Residential
    Status:
    Active
    MLS® Num:
    A2221957
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,331 sq. ft.
    Embrace the best of country living just minutes from the city on this scenic 10-acre parcel in Rocky View County. Set well back from the road behind mature trees and fencing, this 3-bedroom bungalow offers privacy, tranquillity and sweeping views of the Rocky Mountains. Whether you’re starting your acreage journey or downsizing with room to roam, this property delivers the ideal rural lifestyle, with city convenience still within easy reach. Inside, the home has been freshly painted and features all-new plank flooring throughout. Oversized windows in the living and dining areas frame breathtaking mountain views and draw in natural light from dawn to dusk. A charming wood-burning stove set against a brick surround adds warmth and character, complemented by a wood-beam ceiling for a touch of rustic appeal. The kitchen offers functional space to make your own, while the open layout encourages easy flow for everyday life and casual entertaining. Three well-sized bedrooms are tucked down the hall, including a primary with a private 3-piece ensuite. A second 4-piece bath adds family-friendly convenience. The full basement remains undeveloped and ready for your vision. Step outside and experience the full potential of country living. The land is fenced and cross-fenced with a horse shelter and a mix of open pasture and tree shelter. The attached rear storage offers practical utility, while the orientation of the home captures panoramic mountain views and golden prairie sunsets. Located just a short drive from the Calgary city limits, this peaceful property offers space to grow, play, and unwind, with the benefit of proximity to shopping, services, and commuter routes. It is only a short 10 minute drive to Westhills Shopping Centre, with its multitude of shops, restaurants and entertainment. Whether you're looking for your first acreage or a manageable homestead close to the city, this is a rare opportunity to enjoy nature, views and potential on your terms. Water is trucked in to property! More details
    Listed by Real Estate Professionals Inc.
    DIANE RICHARDSON
  • 204069 Township Road 262: Rural Wheatland County Detached for sale : MLS®# A2224290

    204069 Township Road 262 Rural Wheatland County Rural Wheatland County T0J 3G0
    Main Photo: 204069 Township Road 262: Rural Wheatland County Detached for sale : MLS®# A2224290
    $1,000,000
    Residential
    Status:
    Active
    MLS® Num:
    A2224290
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,209 sq. ft.
    35 Acres. Private Pond/Lake 11 Acres for Recreation kayaking and water activities. 13 acres of cultivated grain land. Homestead Property. Portion Zoned AG. 2 Water Sources. Drilled Wells. 3 Hydrants. 220 electrical service for RV SITE. 2 Quonsets. Treed. Land is Grass and pasture. Just 1 hour to Calgary, 30 minutes Strathmore and or Drumheller. This property will check all your boxes. Hobby Farm. Horses. Cattle. Organic Opportunities. Gardening. Workshop. Garage. Chicken Coop. Numerous Outbuildings, concrete floors, power, Bring your Family. Option for a 2nd Dwelling, Man Cave. Opportunity. Pasture. This Quaint Farm awaits you. You'll want to saddle right up when you see this spread. You'll love the amazing Views. Workshop +Double Detached Garage. Grass/Pasture. Green Green Acres. Original Family Homestead Lands. Grass. Bungalow Home Sweet Home. Country Charm. Good usable basement. 4 Bedrooms. 2 Bathrooms. Commuters Dream. Looking for a home with history. Magical. Consider a 1900's homestead upgraded and maintained nestled off the road. All modern conveniences mingled with the quaint Early Canadian touches you will adore. Live the way you've always wanted to. Giving your family the chance to garden, raise animals, know nature's ways. Live off the Land. Come see this delightful Acreage. Enjoy the stars, listen to the birds. Priced to Sell. Central location. Pride of Ownership. Will Not Be Replaced at this PRICE. Move in Now....Free Horse BOARD. Bring your Livestock .2 Quonsets. Treed with paths for Quads, Snowmobiles, Great Recreational Property. Minutes to Severn Dam Reservoir. Year-Round Recreational Property. Views, private. Central Location between Strathmore and Drumheller. More details
    Listed by RE/MAX Landan Real Estate
    DIANE RICHARDSON
1-12/1,500
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