Diane Richardson

Cell: 403-397-3706 |

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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  • 3 1536 29 Avenue SW in Calgary: South Calgary Row/Townhouse for sale : MLS®# A2210260

    3 1536 29 Avenue SW South Calgary Calgary T2T 1M3
    Main Photo: 3 1536 29 Avenue SW in Calgary: South Calgary Row/Townhouse for sale : MLS®# A2210260
    $800,000
    Residential
    Status:
    Active
    MLS® Num:
    A2210260
    Bedrooms:
    3
    Bathrooms:
    4
    Floor Area:
    1,459 sq. ft.
    **AIRBNB FRIENDLY!** Welcome home to your stylish and spacious townhome that blends clean contemporary design with thoughtful functionality, right in the heart of the city. This front-facing unit offers excellent curb appeal with a fully fenced patio and private entrance, perfect for morning coffee or evening chats with neighbours. Step inside and you’ll find a bright, open-concept main floor with oversized windows, sleek finishes, and a beautifully designed kitchen and living space ideal for entertaining. A convenient 2-piece bath completes this level. Upstairs, two generously sized bedrooms each offer their own private ensuites – including a luxurious 5-piece ensuite with dual sinks, a soaker tub, and a walk-in shower in the primary suite. A full 4-piece ensuite in the second bedroom adds privacy and convenience for guests or roommates. The fully finished lower level adds impressive versatility with a third bedroom, full 4-piece bath, and a welcoming family room complete with a built-in wet bar. Custom shelving and a built-in desk area provide the perfect space for a home office, study nook, or media setup. Additional features include central A/C for year-round comfort, a single detached garage, and designer touches throughout like upgraded cabinetry, modern black hardware, and sleek tile work. Located in a vibrant, walkable neighbourhood close to local amenities, parks, cafes, and transit, this is low-maintenance inner-city living at its best. Whether you're a professional, a small family, or a savvy investor, this is the perfect place to call home. (Seller will sell fully finished ready for short-term rental at additional cost) More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 1215 8 Avenue SE in Calgary: Inglewood Detached for sale : MLS®# A2211572

    1215 8 Avenue SE Inglewood Calgary T2G 0M6
    Main Photo: 1215 8 Avenue SE in Calgary: Inglewood Detached for sale : MLS®# A2211572
    $800,000
    Residential
    Status:
    Active
    MLS® Num:
    A2211572
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,601 sq. ft.
    FIRST TIME ON THE MARKET for this beautiful 1910 character home on an OVERSIZED 43’ X 122.5’ FLAT LOT with a sunny SOUTH-FACING BACKYARD. Incredibly located ACROSS THE STREET FROM THE RIVER and mere moments to the diverse shops, restaurants, breweries and more throughout trendy Inglewood. Enjoy the easy access to major roadways when you do need to leave the community. This classic home is suitable to be lived in, renovated or as a future development site. The FULL-WIDTH FRONT PORCH entices peaceful morning coffees with mature tree and neighbourhood views as the calming backdrop. The ORIGINAL 1911 DOORBELL AND DOOR ushers you inside with a classical charm. A private foyer greets guests and welcomes you into the main floor with GRAND 9’ CEILINGS and endless character. French doors open to the bayed living room with clear sightlines into the dining room, perfect for entertaining. Create culinary masterpieces in the large kitchen that was updated in 2010 and features UPDATED COUNTERTOPS, FULL-HEIGHT CABINETS, A GAS STOVE and access to the backyard for a seamless indoor/outdoor lifestyle. The family room invites relaxation with a DECOMMISSIONED GAS HEATER providing old-world charm. Retreat at the end of the day to the primary bedroom on the upper level with a large WALK-IN CLOSET. 2 additional bedrooms are spacious and bright while the 4th bedroom would make the perfect office space. The enchanting century details continue into the 4-piece bathroom with a gorgeous CAST IRON CLAWFOOT TUB enticing rejuvenating soaks. Awaiting your dream development, the basement is already equipped with rough-ins for a future 3-piece bathroom. Soak up the sunny south exposure on the rear deck while kids and pets play in the FLAT YARD which is fully fenced for privacy. A single detached garage has a HANDY SERVICE PIT for easy vehicle maintenance, a GAS LINE and a PAVED BACK LANE. Additional upgrades include new sewer cleanout, shingles replaced approximately 15 years ago, vinyl windows on the main floor and electrical panel in 1993. Located in an unsurpassable inner-city community encouraging you to enjoy a game of tennis at the courts or a winter skate at the outdoor rink, take a bike ride along the extensive river pathway system, get in touch with nature at the bird sanctuary or stroll along vibrant 9th Avenue. Schools, numerous parks and multiple transit options are all within walking distance. Truly an outstanding location for this turn of the century home! Please note that this area is not in the flood zone and was not affected by the 2013 flood. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 4326 Centre A Street NE in Calgary: Highland Park Semi Detached (Half Duplex) for sale : MLS®# A2180650

    4326 Centre A Street NE Highland Park Calgary T2E 3B1
    Main Photo: 4326 Centre A Street NE in Calgary: Highland Park Semi Detached (Half Duplex) for sale : MLS®# A2180650
    $800,000
    Residential
    Status:
    Active
    MLS® Num:
    A2180650
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    820 sq. ft.
    Discover the potential of this massive 75' x 130' lot located on a quiet street in the vibrant and evolving community of Highland Park. Zoned RC-G, this property offers unparalleled flexibility for future builds, making it a dream for developers and investors alike. Currently home to a side-by-side duplex, each unit features both upper and lower living spaces, providing options for rental income or a holding property with a bit of TLC. The east-facing orientation offers the possibility of stunning views with a future two-storey build, adding to the property's long-term appeal. This prime location puts you in one of Northwest Calgary's most exciting neighborhoods, surrounded by amenities, parks, and easy access to downtown. Please note: Units 4324 and 4326 must be sold together. Don’t miss your chance to secure this exceptional opportunity and be part of Highland Park's growth story! More details
    Listed by Real Estate Professionals Inc.
    DIANE RICHARDSON
  • 3707 14 Street SW in Calgary: Altadore Semi Detached (Half Duplex) for sale : MLS®# A2212913

    3707 14 Street SW Altadore Calgary T2T 3W2
    Main Photo: 3707 14 Street SW in Calgary: Altadore Semi Detached (Half Duplex) for sale : MLS®# A2212913
    $819,900
    Residential
    Status:
    Active
    MLS® Num:
    A2212913
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,953 sq. ft.
    Gorgeous semi-attached 3 bedroom in Altadore! Amazing location, close to parks, walking paths, shopping and restaraunts/bars in this super trendy inner city location. Large 3 bedroom unit with 9 foot ceilings on the main. Open floorplan perfect for gatherings with friends and family, as well as entertaining with the large living room, dining area. Butlers nook off the granite kitchen/dining room with ample storage for wine and cookware. 2 pc bath on the main as well as back mud room area. Large windows and an abundance of light. Walk onto your private back patio area for quiet summer evenings or raving BBQs. Upper level has 3 large bedrooms including a massive primary with walk-in closet plus 5 pc en-suite. Another 3rd full bath up. Basement is unfinished but has high ceilings and tons of storage or perfect for future development. More details
    Listed by Exclusive Home Sales (1973)Ltd
    DIANE RICHARDSON
  • 2204 24 Avenue NW in Calgary: Banff Trail Detached for sale : MLS®# A2194894

    2204 24 Avenue NW Banff Trail Calgary T2M 1Z7
    Main Photo: 2204 24 Avenue NW in Calgary: Banff Trail Detached for sale : MLS®# A2194894
    $824,000
    Residential
    Status:
    Active
    MLS® Num:
    A2194894
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,256 sq. ft.
    Investor/Developer Alert! A rare opportunity in the highly sought-after community of Banff Trail! This property presents a prime investment for those looking to hold for redevelopment in a rapidly growing area. The 50x120 ft lot, zoned RC-2, offers unmatched potential for multi-family or custom development. Situated just minutes from downtown Calgary, this location is a developer's dream with easy access to major amenities and key institutions. You’re steps from the University of Calgary, SAIT, North Hill Mall, McMahon Stadium, and renowned medical facilities including Foothills and Children’s Hospitals. The property also offers proximity to parks, the University District, and a range of recreational amenities. Across from Branton Junior High School, and close to Ecole Banff Trail Elementary & William Aberhart High School, the site offers excellent access to public transportation, with both Banff Trail (9-min walk) and Lion's Park (20-min walk) C-train stations nearby. With access to both U of C and SAIT within minutes, this location is ideal for future tenants or buyers seeking easy transit. This 1200 sq. ft. character bungalow is consistently rented, making it a solid income-producing property in the meantime, but its true value lies in the unlimited redevelopment potential offered by the lot size and location. The home includes three spacious bedrooms, a full bathroom, and a lower level with separate access, a second kitchen, bedroom, bathroom, and laundry. A single garage and rear laneway add further development possibilities. With its exceptional location and unmatched redevelopment potential, this is a rare opportunity you don’t want to miss. Schedule your viewing today to explore the future possibilities of this incredible property! More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 1617 Summer Street SW in Calgary: Scarboro Detached for sale : MLS®# A2194152

    1617 Summer Street SW Scarboro Calgary T3C 2J7
    Main Photo: 1617 Summer Street SW in Calgary: Scarboro Detached for sale : MLS®# A2194152
    $824,750
    Residential
    Status:
    Active
    MLS® Num:
    A2194152
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,047 sq. ft.
    Welcome to this vintage 1945 bungalow located in the sought-after community of Scarboro. This charming home boasts 2 bedrooms, 2 baths, and a 1 bedroom illegal basement suite. Nestled on a picturesque street, this property is perfect for those seeking a blend of character and a canvas for the home of your dreams. Oversized Double Detached Garage has plenty of space for vehicles, storage, or a workshop as well as a Single Detached Garage that would be perfect for storage. Prime Location in prestigious Scarboro community, known for its beautiful tree-lined streets, parks, and proximity to downtown Calgary. Don't miss the opportunity to own a piece of Calgary's history. More details
    Listed by RE/MAX House of Real Estate
    DIANE RICHARDSON
  • 1906 12 Street SW in Calgary: Lower Mount Royal Row/Townhouse for sale : MLS®# A2187518

    1906 12 Street SW Lower Mount Royal Calgary T2T 3N2
    Main Photo: 1906 12 Street SW in Calgary: Lower Mount Royal Row/Townhouse for sale : MLS®# A2187518
    $825,000
    Residential
    Status:
    Active
    MLS® Num:
    A2187518
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,924 sq. ft.
    Are you a professional single or couple?….. Do you desire an extra LOFT space for a home OFFICE / FITNESS area, or art STUDIO, complete with custom BUILT-IN desks and storage? Do you dream of living in an EXECUTIVE neighborhood with multi-million-dollar homes up the street? Do you desire a fully renovated, high-end CUSTOM home featuring exquisite details like CUSTOM cabinetry, hidden FLAT-PANEL fridges, a sleek MAGNETIC GLASS fireplace, INDUCTION cooktop, coffeebar, and a stunning stone island? Do you envision yourself in a home with TWO expansive PRIMARY bedrooms, each with a luxurious ENSUITE’S. Do DUAL sinks and MASSIVE SHOWERS come to mind? Do you deserve the comfort of DUAL FURNACES and AIR CONDITIONING for year-round climate control? Do you like to scrape ice off your car in the winter NO ? Then park in the large DOUBLE attached underdrive garage. Do you want to enjoy the convenience of walking to local RESTAURANTS, bars, and amenities? Do you value the convenience of CONDO LIVING with NO EXTERIOR MAINTENANCE, allowing you to LOCK and LEAVE whenever you travel? Do you deserve to live this inner-city executive lifestyle, just a short walk from downtown. YES ?? WELL, this should be your new home. We can not list of the amazing features here. Call your favorite Realtor with an eyefor detail to view this home for yourself. (Click on the website link for more details) More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 304 605 7 Avenue NE in Calgary: Renfrew Apartment for sale : MLS®# A2188505

    304 605 7 Avenue NE Renfrew Calgary T2E 0N4
    Main Photo: 304 605 7 Avenue NE in Calgary: Renfrew Apartment for sale : MLS®# A2188505
    $825,000
    Residential
    Status:
    Active
    MLS® Num:
    A2188505
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,385 sq. ft.
    Luxury Meets Lifestyle in Renfrew Welcome to LUSSO, where sophistication and comfort come together in this exclusive boutique building. This stunning 2-bedroom + den, 2-bathroom corner unit boasts just under 1,400 sq. ft. of thoughtfully designed living space, complete with sweeping downtown views and finishes that redefine modern luxury. Step into the open floor plan that maximizes light and space, creating a seamless flow perfect for both relaxation and entertaining. The kitchen is a chef's dream, featuring rich walnut cabinetry, sleek quartz countertops, and top-of-the-line Fisher & Paykel appliances. The oversized island provides ample prep space and doubles as an inviting gathering spot for guests. The living and dining areas exude elegance, with large windows offering breathtaking views of the city skyline. The versatile den, accessed through double French doors, adds function and privacy—ideal for a home office or cozy retreat. The second bedroom offers a comfortable sanctuary with a generous closet and easy access to a stylish 4-piece bathroom, perfect for guests or family. The primary suite is the epitome of indulgence, bathed in natural light and boasting panoramic views. A walk-through closet with custom organizers leads to the luxurious ensuite, featuring double sinks, a steam shower, and extensive cabinetry for all your storage needs. Every detail has been meticulously curated, from the neutral paint tones to the timeless white oak flooring, ensuring a space that feels both inviting and refined. Built with concrete and steel construction, the building ensures unmatched privacy and peace of mind. Each unit is equipped with its own air makeup system and air conditioning for optimal comfort. Amenities include a fully equipped main-floor gym, secure bike storage, a storage locker, and titled underground parking. With only 20 units, this building offers an unparalleled sense of exclusivity and community. Nestled in the heart of Renfrew, this gem is surrounded by green space and steps away from Calgary’s finest shops, restaurants, and entertainment. Experience a lifestyle where luxury and convenience meet—schedule your private tour today! More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 408 21 Avenue NE in Calgary: Winston Heights/Mountview Detached for sale : MLS®# A2202292

    408 21 Avenue NE Winston Heights/Mountview Calgary T2E 1S8
    Main Photo: 408 21 Avenue NE in Calgary: Winston Heights/Mountview Detached for sale : MLS®# A2202292
    $825,000
    Residential
    Status:
    Active
    MLS® Num:
    A2202292
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    770 sq. ft.
    This property is being sold in conjunction with 2202 Edmonton Trail NE only. Total Price $2,224,000.00. The land size of the combined properties is 13,745 sq ft or 1277 sq m. Approx. 100ft frontage x 125ft depth and 113ft across the back. This is a great potential development site. Potential Land use MU-1/3.5h26 change to allow for many development options . This current home on the site is a good holding property, as it has a legal basement suite, tenants are month to month and has generated $2700 per month. Buy and hold or build now, these locations don't come available to purchase often. More details
    Listed by Century 21 Bamber Realty LTD.
    DIANE RICHARDSON
  • 1503 1 Street SE in Calgary: Beltline Commercial Land for sale : MLS®# A2207537

    1503 1 Street SE Beltline Calgary T2G 2J4
    Main Photo: 1503 1 Street SE in Calgary: Beltline Commercial Land for sale : MLS®# A2207537
    $829,000
    Land
    Status:
    Active
    MLS® Num:
    A2207537
    Click brochure link for more details. Seize a rare opportunity to break ground in one of Calgary’s hottest infill zones! Located in the heart of the Beltline’s vibrant Entertainment District, 1503 1 St SE is a shovel-ready site just steps from the BMO Centre, Stampede Grounds, and other cultural attractions. This prime lot (zoned CC-X for Centre City Mixed Use) already comes with a full Development Permit (In Progress) for a stylish 7-storey boutique hotel with 12 Suites, complete with an inviting rooftop patio (featuring a BBQ area and fire pit) – all designed by the acclaimed Modern Office of Design + Architecture (MoDA). With approvals in place and no major hurdles, you can hit the ground running on a landmark project in Calgary’s booming Beltline. Highlights Pre Application Done and DP In Progress : for a 7-storey hotel / Short Term Rental development, including a rooftop amenity deck with BBQ area and fire pit – a turnkey plan ready to build. Premier Location: Prime Beltline/Entertainment District address, within walking distance to the expanded BMO Centre, Stampede Park, Scotiabank Saddledome, 17th Avenue, and countless downtown amenities. Your guests or tenants will be at the center of it all. Flexible CC-X Zoning: Centre City Mixed Use (CC-X) zoning with discretionary approval already granted for hotel use. This zoning offers broad mixed-use potential (commercial, residential, etc.) – giving developers flexibility to explore various concepts if desired. Generous Density, No Height Limits: FAR 4.0 (Floor Area Ratio) already approved, allowing ~6,601 sq ft of buildable space as per the plans. No maximum building height restrictions – unleash your vision with unlimited vertical potential. Smart Living, Elevated Each suite integrates premium ORI Living systems—space-optimizing Cloud Beds, Pocket Offices, and full kitchens + in-suite laundry—delivering comfort, style, and tech-forward luxury in every room. Iconic Design by MoDA: Stylish, modern architecture by Modern Office of Design + Architecture ensures a standout building. The planned design features eye-catching aesthetics and an attractive rooftop amenity space – perfect for a boutique hotel experience that will draw attention. Urban Convenience, No Parking Needed: Situated in an ultra-walkable, transit-rich area, this project requires no on-site vehicle parking (none provided) under current regulations – a huge cost saver for development. Includes 2 Class-II bicycle stalls to promote and accommodate cycling in Calgary’s downtown, but have various parking spots which could be rented monthly as needed. This offering is tailor-made for developers, short term rental investors, and builders aiming to make their mark in Calgary’s core. All the heavy lifting has been done – approvals secured, prime location locked in, and design ready. Don’t miss out on this turn-key development opportunity to break ground on a flagship project in the Beltline’s most exciting growth area! More details
    Listed by Honestdoor Inc.
    DIANE RICHARDSON
  • 524 54 Avenue SW in Calgary: Windsor Park Detached for sale : MLS®# A2201150

    524 54 Avenue SW Windsor Park Calgary T2V 0C7
    Main Photo: 524 54 Avenue SW in Calgary: Windsor Park Detached for sale : MLS®# A2201150
    $829,000
    Residential
    Status:
    Active
    MLS® Num:
    A2201150
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,146 sq. ft.
    Charming Bungalow in Desirable Windsor Park – A Perfect Opportunity for Investors and Builders! Nestled in the heart of the sought-after Windsor Park neighborhood, this spacious 1,146 sq. ft. bungalow presents an incredible opportunity for investors, builders, or families looking to create their dream home. With 1,072 sq. ft. on the main level and an additional 1,009 sq. ft. in the basement, there is plenty of space to enjoy and customize. This home has been well-maintained and thoughtfully updated over the years, ensuring comfort and value for its next owner. Nearly all windows were replaced just three years ago, improving energy efficiency and curb appeal. A new furnace was installed six years ago, providing peace of mind for the colder months. The roof on both the house and the double detached garage has also been recently replaced, offering long-term durability. Step inside to discover a bright and inviting open-concept living and dining area, perfect for hosting gatherings or enjoying everyday life. The main bedroom and living room feature new laminate flooring, adding a modern touch to the space. The basement includes a brand-new fridge, adding extra convenience for storage and meal preparation. Situated on a generous lot, this home boasts expansive front and back yards, ideal for gardening, outdoor activities, or future expansion. Adding to its appeal, the house faces a beautiful green space that is part of the school, creating a scenic and peaceful setting. With its prime location, solid updates, and endless potential, this Windsor Park bungalow is a fantastic opportunity. Whether you’re looking to renovate, rebuild, or move in and make it your own, this property is full of possibilities! Prime inner-city location, steps to Windsor Park Community Centre, walking distance to Chinook Centre & Britannia Plaza, close to Stanley Park, Sandy Beach, Calgary Golf & Country Club, schools, shopping, public transit & easy access to Elbow Drive & Macleod Trail. Don’t miss your chance to own in one of the city's most desirable neighborhoods—schedule your viewing today! More details
    Listed by RE/MAX Real Estate (Central)
    DIANE RICHARDSON
  • 810 519 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2208970

    810 519 17 Avenue SW Cliff Bungalow Calgary T2S 0A9
    Main Photo: 810 519 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2208970
    $829,900
    Residential
    Status:
    Active
    MLS® Num:
    A2208970
    Bedrooms:
    1
    Bathrooms:
    2
    Floor Area:
    1,843 sq. ft.
    Stunning Live-Work Penthouse in the Heart of Trendy 17 Ave SW This exceptional penthouse offers a unique opportunity to live, work, and invest in one of Calgary's most desirable locations. Situated on 17 Ave SW, this modern residence is designed with versatility in mind. Featuring top-of-the-line upgrades and state-of-the-art appliances, it’s perfect for a variety of lifestyles. The layout allows you to comfortably live and work, while also offering the option to Airbnb the bedroom side to help offset costs. Whether you're seeking an elegant home, a professional workspace, or a combination of both, this property adapts to your needs. Don’t miss the chance to own a versatile space in one of the city’s most dynamic neighborhoods. More details
    Listed by CIR Realty
    DIANE RICHARDSON
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