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Affordable 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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HOMES FOR SALE IN RED DEER, RIVERSIDE MEADOWS
When searching Red Deer listings click on DETAILS to view information about the listing and click on MORE... to view the property on a map, schedule a showing, email the listing or check affordability on the mortgage calculator. Every effort is made to make it as easy as possible for you to find and learn about Red Deer houses, townhomes & condos on AlbertaTownandCountry.com.
Diane Richardson @ 403-397-3706 (call or text) or email Diane@drichrealty.com
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5826 57 Street: Red Deer Residential Land for sale : MLS®# A2186787
5826 57 Street Red Deer Red Deer T4N 2L4 $109,999Land- Status:
- Active
- MLS® Num:
- A2186787
Explore this spacious mature lot for your upcoming residential construction project! While the current zoning is R1, there is the potential for rezoning to R2 through the completion of necessary paperwork required with the City of Red Deer. The property is partially fenced and features access to a back alley, complemented by impressive, mature trees. Within a short walk or a quick bike ride, you'll find schools, playgrounds, bus services, the Red Deer River, Bower Ponds, and the newly developed Capstone subdivision! More detailsListed by Royal Lepage Network Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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304 5519 Kerry Wood Drive: Red Deer Apartment for sale : MLS®# A2193360
304 5519 Kerry Wood Drive Red Deer Red Deer T4N 4X3 $117,000Residential- Status:
- Active
- MLS® Num:
- A2193360
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 588 sq. ft.55 m2
This stylish one-bedroom condo boasts a sleek Euro-inspired design and is perfectly situated near bike trails, public transit, and the scenic Bower Ponds. Enjoy stunning sunrise and sunset views right from your home. The condo also features the convenience of in-suite laundry and includes assigned parking for added ease. Whether you love outdoor activities or simply appreciate beautiful surroundings, this condo offers a perfect balance of modern comfort and natural beauty. Condo Fees are all-inclusive with the exception of electricity, TV & internet. More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5827 60 Street: Red Deer Residential Land for sale : MLS®# A2188218
5827 60 Street Red Deer Red Deer T4N 2P7 $129,999Land- Status:
- Active
- MLS® Num:
- A2188218
50x110 Lot in Riverside Meadows with a 22x24 garage about 20 years old currently being rented for $200 per month. More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5806 57 Avenue: Red Deer Residential Land for sale : MLS®# A2067112
5806 57 Avenue Red Deer Red Deer T4N 4S4 $134,900Land- Status:
- Active
- MLS® Num:
- A2067112
Investors – HUGE lot, HUGE opportunity! This oversized lot offers more than just space—it’s a blank canvas bursting with potential to create something extraordinary. The versatile discretionary zoning opens the door to many possibilities. Picture building a duplex, potentially creating multiple income streams from a single property. Approval from the City of Red Deer is required, but the reward is well worth it. See attached zoning details for more information. Location is key, and this property has it all. Conveniently situated near essential amenities like shopping, schools, and recreation, and just a short walk to public transit, it’s the perfect setup to attract tenants or future homeowners looking for easy, connected living. Priced to sell and GST included, this is the kind of opportunity investors dream about. More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2 5812 61 Street: Red Deer Row/Townhouse for sale : MLS®# A2188535
2 5812 61 Street Red Deer Red Deer T4N 6H4 $169,900Residential- Status:
- Active
- MLS® Num:
- A2188535
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 968 sq. ft.90 m2
Take a look at this fully finished 3 bedroom townhouse, backing on to a treed area with fenced backyard! Bright & attractive and very welcoming when you step inside, there is laminate flooring on the main floor, blending well with neutral paint color consistent throughout. Functional u-shaped kitchen has barely used appliances & a window over the sink for added brightness. Lots of cupboards & counter space & an open concept to your dining area & living room. There are sliding doors out to a large back deck overlooking fenced backyard & lovely treed area. Newer carpet is on the 2nd level with 3 good sized bedrooms - the primary has a big window & lots of space for furniture. There is a large 4 piece bathroom with attractive vanity & a window! The fully finished basement is the perfect open place for relaxation & visiting, & TV & Mount are included! New Washer & dryer in laundry alcove finishes this space. TWO assigned parking spaces are directly out front; utility bills are low & location is in the heart of the City! More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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14 5806 61 Street: Red Deer Row/Townhouse for sale : MLS®# A2213377
14 5806 61 Street Red Deer Red Deer T4N 6H4 $197,000Residential- Status:
- Active
- MLS® Num:
- A2213377
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 887 sq. ft.82 m2
Welcome to Unit #14 5806 61 Street, Red Deer, Alberta – the perfect solution to get your kids out of your basement and into a place of their own! This move-in-ready townhouse offers incredible value with 2 spacious bedrooms, 1 fully renovated bathroom and a host of modern upgrades throughout. Step into a freshly painted & updated interior featuring all-new vinyl plank flooring, new kitchen, and new trims and doors. The renovated bathroom adds a touch of luxury, and the functional layout includes a basement laundry area for added convenience. Outside, enjoy a fenced backyard – perfect for small pets, kids, or relaxing on warm summer days. This unit includes 2 dedicated parking stalls, both conveniently marked #14. With monthly condo fees of just $366.78 and annual property taxes of only $1,292, this property is both affordable and manageable. Whether you're a first-time buyer, investor, or helping family members find independence this centrally located townhouse offers excellent access to schools, shopping, public transit and all the amenities Red Deer has to offer. Don't miss this opportunity! More detailsListed by Century 21 Maximum- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5813 60 Avenue: Red Deer Semi Detached (Half Duplex) for sale : MLS®# A2210452
5813 60 Avenue Red Deer Red Deer T4N 5S2 $274,500Residential- Status:
- Active
- MLS® Num:
- A2210452
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 704 sq. ft.65 m2
This Half duplex is available in Riverside Meadows Red Deer. This open concept, 3 bedroom, 2 bath, 704 sq ft bi-level, is ready for some new owners. The U-shaped kitchen is bright with white cabinetry, lino- flooring and great counter space not to mention the large walk in pantry. The living room offers a warm cozy feel with carpeted floors, a large east facing window for all the natural morning sunlight. The dining area is quaint for entertainment with friends and family. The large sliding glass doors open to the covered deck , which is set up for easy living looking over the fully fenced backyard. The basement hosts the extra two nice sized bedrooms a 4 pc bath and a cozy family room. The flooring in the first bedroom was just replaced. The back alley allows for two parking spots, or space for a future garage. The roof was replaced in 2017. More detailsListed by Royal Lepage Network Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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307 5601 KERRYWOOD Drive: Red Deer Apartment for sale : MLS®# A2203101
307 5601 KERRYWOOD Drive Red Deer Red Deer T4N 4X3 $289,900Residential- Status:
- Active
- MLS® Num:
- A2203101
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,087 sq. ft.101 m2
IMMACULATE 3rd Floor 1087 SQ. FT. CONDO! Nice, Bright, Open Plan, New Carpet, New Paint, Corner Gas Fireplace, . Corner Unit With Large Wrap Deck. Lovely Kitchen With Island. Breakfast Bar, Fridge, Stove, Built-In Dishwasher and Pantry,. 2 Spacious Bedrooms Including Primary Bedroom With Walk-in Closet and Full 4 Piece Ensuite. 2nd Bedroom, Main 4 Piece Bathroom and Laundry/Storage Room (Den, Or 3rd Bedroom Possibilities). Heated Underground Parking, Guest Parking, Lots of Above Ground Parking for Occupants, Elevator Service, , Lovely Courtyard. Located A Short Walk From the Downtown, Walking Trails, Bower Ponds, Red Deer River and Across The Street From a Lovely Park & Play Playground. More detailsListed by Royal Lepage Network Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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405 5601 KERRYWOOD Drive: Red Deer Apartment for sale : MLS®# A2203144
405 5601 KERRYWOOD Drive Red Deer Red Deer T4N 4X3 $297,500Residential- Status:
- Active
- MLS® Num:
- A2203144
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 959 sq. ft.89 m2
TOP FLOOR - 2 BEDROOMS, 2 FULL BATHROOMS, HEATED UNDERGROUND PARKING! Open Plan, Corner Gas Fireplace, Kitchen With Island, Fridge, Stove, Built-in Dishwasher And Pantry. Living Room With Access to Balcony Overlooking Lovely Courtyard. Primary Bedroom With Walk Thru Closet and Full 4 Piece Ensuite, 2nd Bedroom, Full 4 Piece Main Bathroom and Large Laundry/Storage Area. Elevator Service, Security Doors, Lots of Guest Parking, 1 Heated Underground Plus Lots of Above Ground Parking For Occupants. Short Walk to Downtown, Bower Ponds Recreation Area, Walking Trails, Red Deer River and Across the Street From a Lovely Park and Playground. More detailsListed by Royal Lepage Network Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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212 5601 Kerrywood Drive: Red Deer Apartment for sale : MLS®# A2207583
212 5601 Kerrywood Drive Red Deer Red Deer T4N 4X3 $307,000Residential- Status:
- Active
- MLS® Num:
- A2207583
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 950 sq. ft.88 m2
Sure to Attract Attention! Bright, Spacious Condominium with an Open Concept Design This beautiful condo offers a generous open plan layout, perfect for comfortable living and entertaining. NEW PAINT AND FLOORING THROUGHOUT!! The large living room features a cozy corner gas fireplace and opens directly onto a good-sized covered balcony with gas hookup for your BBQ — ideal for year-round enjoyment. You'll love the modern kitchen, complete with maple cabinetry, a center island, and breakfast bar—a great space for casual dining and meal prep. The primary bedroom includes a walk-through closet leading to a 4-piece ensuite, while the second bedroom is located on the opposite side of the unit for added privacy, just steps from the main 4-piece bathroom. Bonus: an extra-large laundry room provides ample storage space—something you won’t often find in condo living! Could also be used as possible Den or Flex Room. Located in a well-maintained, modern building featuring elevator access, a fitness room, a beautiful courtyard, and heated underground parking. Fantastic location! Huge park and play ground directly across the street, Patrolled several hours of the day. Just minutes from Bower Ponds, the Red Deer River, BMX Park and a quick hop across the bridge to downtown Red Deer’s shops, restaurants, patios, and the stunning City Hall Park. Whether you’re looking for a quality home or a smart investment, this condo delivers incredible value and style. The Current tenant is mature and lovely and is in process of packing and moving so please be understanding of the disarray. More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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6013 57 Avenue: Red Deer Detached for sale : MLS®# A2207317
6013 57 Avenue Red Deer Red Deer T4N 4S8 $425,000Residential- Status:
- Active
- MLS® Num:
- A2207317
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,709 sq. ft.159 m2
26x30 HEATED GARAGE | HUGE LOT | AMAZING ADDITION - This one is a rare find! This huge bungalow offers over 1700 square feet on the main floor with an amazing primary bedroom and living room addition. Nicely renovated and beautifully cared for, this home shines with pride of ownership. Recent upgrades include a fully renovated main bathroom, updated trim and casings, newer flooring, fresh paint, and many newer windows. As you step inside you're greeted with a huge dining room space that opens up into the addition with beautiful timber ceilings and a cozy wood burning stove that efficiently heats the whole space. The living room then leads into an amazing primary bedroom with vaulted and beamed ceilings, a gas fireplace, 2 pce ensuite, walk in closet, and access to a private covered patio in the backyard. Two more bedrooms sit adjacent to the fully renovated 4 pce main bathroom with a new tub and tile surround, vanity, fixtures, and flooring. A breakfast nook off the kitchen opens up to the rear deck, and the kitchen offers lots of cabinetry, a newer backsplash, and granite sink. The basement is finished with a 4th bedroom, 2 pce bath, and large family/rec room. The amazing yard is fully landscaped with concrete walks, garden beds, planter boxes, and mature trees, and there's additional parking space or room for a trailer behind the garage. The 26x30 heated garage offers a 9' overhead door and 10' ceilings and tons of additional storage and workshop space. This amazing property offers so much and is just steps from a park space and outdoor rink in the winter. This home is a pleasure to show and must be seen to be fully appreciated! More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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6001 56 Avenue: Red Deer 4 plex for sale : MLS®# A2199960
6001 56 Avenue Red Deer Red Deer T4N 4R3 $630,000Multi-Family- Status:
- Active
- MLS® Num:
- A2199960
- Floor Area:
- 2,080 sq. ft.193 m2
Renovated 4-plex 3 bedrooms, 1 bathroom, 2 main floor suites, and 2 basement suites, with great tenants and turn key. Fenced shared yards, with parking off street. Significant renovations over the last year include: flooring, paint, trim, window coverings, new shingles, upgraded electrical panels to 100 amp service, new smoke detectors, some new appliances. Fully tenanted. All utilities are separately metered. The rents are $1200, $1100, $1200+$400 (utilities), and $1125. 3 of the tenants pay their own utilities. More detailsListed by Realty Experts Group Ltd- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email