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

Unlock Your Calgary Dream Home: Explore Listings by Price Range 

Find Your Perfect Home in Calgary: 3 to 8 Bedroom Homes


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

Looking to chat about a property or have questions about buying or selling in Calgary? Diane Richardson is ready to help! Friendly, knowledgeable, and responsive—Diane is committed to making your real estate experience smooth and enjoyable.

Easy Online Contact Form

Simply head to Diane’s convenient online contact form. Provide your name, email, and message, and include any property addresses or MLS® numbers you're curious about. Diane will respond swiftly, ensuring you get all the answers you need!

Call Diane Directly

Prefer a direct conversation? No problem! Just call Diane at 403.397.3706. She's always happy to answer your questions or arrange viewings at your convenience.

Send an Email

Want to connect via email? Reach Diane directly at Diane@Mypadcalgary.com. She'll gladly provide additional information, answer your questions, and assist with your real estate journey.

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

Bungalows for sale in Lake Bonavista Calgary*

Forgot password Extend Verify Contact
1-5/5
  • 1803 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2241082

    1803 Lake Bonavista Drive SE Lake Bonavista Calgary T2J 2W7
    Main Photo: 1803 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2241082
    $820,000
    Residential
    Status:
    Active
    MLS® Num:
    A2241082
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    1,286 sq. ft.
    Welcome to this well maintained Keith built bungalow in the prestigious community of Lake Bonavista. Located just a short walk from the lake entrance, schools, and shopping, this beautiful home offers over 2,400 sq. ft. of developed living space on a bright east-west exposed lot, backing onto a paved alley with an oversized double detached garage. With a front porch, a private rear patio, and direct access to an open green space next door, this home blends comfort, charm, and community in one of Calgary’s most established lake-access neighbourhoods. Step inside to a warm and inviting main floor featuring hardwood floors and large bright windows. The heart of the home is a spacious living room with a classic brick wood-burning fireplace, which flows into the dining area and bright oak kitchen with bay window, new appliances, and plenty of cabinet space. The main floor includes 3 bedrooms, including a primary suite with its own 4-piece ensuite, plus a second full bathroom for family or guests. The fully developed basement adds incredible versatility with two additional bedrooms, a den/flex room, a 3 and 2-piece bathroom, a large recreation space with electric fireplace, and wet bar area—perfect for entertaining or multi-generational living. There is also a functional laundry area. Outdoors, the large sunny west-facing backyard offers space to relax and entertain with a private patio, lush green space, mature trees, and easy access to the south facing park. Additional highlights include; NEW Furnace (2024), a covered front porch, and strong curb appeal. Set in the heart of Lake Bonavista, with year-round lake access, top-rated schools, playgrounds, transit, and all amenities close by, this is your chance to own a well-cared-for home in one of Calgary’s most sought-after neighbourhoods. Book your private showing today! More details
    Listed by 2% Realty
    DIANE RICHARDSON
  • 783 Lake Twintree Crescent SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2231080

    783 Lake Twintree Crescent SE Lake Bonavista Calgary T2J 2W2
    Main Photo: 783 Lake Twintree Crescent SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2231080
    $849,000
    Residential
    Status:
    Active
    MLS® Num:
    A2231080
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    1,476 sq. ft.
    Homes this close to the lake in Lake Bonavista rarely come to market! Situated just minutes from the lake, this nearly 1,500 sq ft, 5 bedroom bungalow is nestled on a quiet, tree-lined street and offers exceptional access to year-round recreation in one of Calgary’s most established, family-friendly communities. Exterior of Home: The home's curb appeal is undeniable, with mature landscaping, slate hardscape pathways, and a full-width composite front porch- perfect for morning coffee, a porch swing, or simply relaxing outdoors in peaceful privacy. Interior of Home: Inside, a skylit foyer welcomes you into a bright and spacious living room with a charming window bench. Adjacent to the kitchen is a flexible dining space that also works beautifully as a home office, reading nook, or play area. The kitchen and family room enjoy views of the maintenance free hardscaped backyard with composite decking and built in planter beds, offering an inviting, functional layout filled with natural light - ideal for daily living and entertaining alike. Throughout the home, thoughtful architectural details and warm hardwood flooring create an inviting English cottage ambiance. The main floor features a tranquil primary bedroom with bay window and a 4 pc ensuite boasting a soaker tub and dual skylights. A 2nd bedroom and convenient 3-piece bathroom complete the main level. The lower level: the fully finished basement provides excellent additional living space, including a large family room, 3 bedrooms (one currently used as an office), a 3 pc bathroom, and a spacious laundry/utility room with abundant storage. A spacious double detached garage adds convenience and extra storage. The community. Whether it's paddle-boarding in summer or skating in winter, this location lets you enjoy all the lake lifestyle has to offer - just a short walk from your door. Brimming with charm, character, and potential, this home is ready for your family to make it their own.**This is a must-see opportunity in one of Calgary’s best private lake communities. More details
    Listed by Royal LePage Solutions
    DIANE RICHARDSON
  • 1024 Lake Christina Way SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2243235

    1024 Lake Christina Way SE Lake Bonavista Calgary T2J 2R3
    Main Photo: 1024 Lake Christina Way SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2243235
    $870,000
    Residential
    Status:
    Active
    MLS® Num:
    A2243235
    Bedrooms:
    6
    Bathrooms:
    3
    Floor Area:
    1,393 sq. ft.
    ***Open House*** 1:00-4:00 pm Saturday, 9th August. Welcome to your dream home at 1024 Lake Christina Way SE, a meticulously maintained bungalow nestled in the heart of Calgary’s prestigious Lake Bonavista, Canada’s first man-made lake community, built by legendary developer E.V. Keith. This exquisite residence offers approximately 2,692.45 sq ft of total living space, meticulously divided into 1,392.64 sq ft above grade and an additional 1,299.81 sq ft in the fully developed basement. It offers a seamless blend of timeless elegance and modern comfort, perfect for families and empty-nesters alike. Step into the bright, south-facing main floor, where an inviting living room flows effortlessly into a spacious dining area and a cozy family room, anchored by a gas fireplace—ideal for entertaining or quiet evenings at home. The thoughtfully designed kitchen, featuring stainless steel appliances, oak cabinetry, and a new induction range, overlooks the main living space, connecting seamlessly to a sunny breakfast nook. The main floor boasts three generous bedrooms, including a primary suite with a 3-piece ensuite featuring a walk-in shower, complemented by a second 3-piece bathroom. The fully developed basement offers a large recreation room, two additional bedrooms with egress windows, a 3-piece bathroom, and a laundry room with ample storage, providing versatile space for guests or hobbies. Recent upgrades, including a 96% energy-efficient furnace, newer bamboo flooring, and a cedar fence less than three years old, ensure modern efficiency and style. Outside, impeccable front landscaping and vibrant backyard flower beds create a serene oasis, enhanced by a newer awning and an oversized 25’x25’ double garage accessible via a paved lane. Located on a quiet inner street just one block from Lake Sylvan Drive with two bus routes available, this home offers year-round access to Lake Bonavista’s exclusive amenities, including swimming, boating, fishing, skating, tennis, and pickleball, plus proximity to Lake Twintree Park, an off-leash dog park, and the vibrant community centre with ice rinks and indoor sports facilities. Families will appreciate the nearby public and Catholic elementary schools, junior high, and community church, while shoppers and diners will love the close proximity to Lake Bonavista Promenade, Avenida Village, and Southcentre Mall. With quick access to Deerfoot Trail, Anderson LRT, Fish Creek Park, and major routes, this home combines suburban tranquility with urban convenience. Don’t miss this rare opportunity to own a beautifully updated bungalow in one of Calgary’s most sought-after lake communities, where every season brings new adventures and a lifestyle of unparalleled comfort. Schedule your viewing today and experience Lake Bonavista living at its finest. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 1040 Lake Ontario Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2236327

    1040 Lake Ontario Drive SE Lake Bonavista Calgary T2J 3K2
    Main Photo: 1040 Lake Ontario Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2236327
    $1,250,000
    Residential
    Status:
    Active
    MLS® Num:
    A2236327
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    1,631 sq. ft.
    Are you looking for a Bungalow over 1600 square feet, just like NEW in the Mature neighbourhood like Lake Bonavista? Look no further!!! This BRAND NEW Renovated home offers you a complete Makeover home with brand new everything inside. This home boasts BRAND NEW Kitchen, Bathrooms, Engineered Hardwood floor, and a freshly poured concrete pad. Offering a total of 3 + 3 bedrooms, 4 full baths, this home showcases an open floor plan layout, quartz countertop finishes throughout, and a fully finished basement with a separate exterior entry. Featuring a second kitchen and a spacious living/dining area—ideal for large family living. The main level showcases engineered hardwood flooring throughout, adding elegance and warmth to the space. A stylish wood-accented feature wall greets you upon entry enhancing the modern aesthetic. The bright and inviting Living Room features an electric fireplace and an east-facing exposure, maximizing natural light throughout the day. Large window offers an open unobstructed view. The modern gourmet Kitchen is equipped with stainless steel appliances, a built-in oven, floor-to-ceiling soft-closing cabinetry, a large kitchen island with a breakfast bar and a pantry. A well-sized Dining Room includes a built-in shelf, adding both function and character to the space. The Primary Bedroom features an accented wall and a walk-in closet with closet organizers. The luxurious 6-piece ensuite bath includes a double vanity, a standing shower and a jetted tub. Two additional Bedrooms, a full Bathroom, and a main floor Laundry completes this level. The fully finished basement accessible through a separate exterior entry, boasts luxury vinyl plank flooring and a spacious Living/Dining Combo. The Basement Kitchen provides convenience for additional living arrangements, also featuring floor-to-ceiling soft-closing cabinetry for ample storage. The Basement has one Bedroom includes a 4-piece ensuite bath and a walk-in closet. Two additional good-sized Bedrooms, a Full Bathroom, and a second Laundry set complete this level. Outside, enjoy the insulated oversized double detached garage, a large deck, and a fully fenced landscaped backyard. Situated on a slight pie-shaped lot, this property boasts a generously sized backyard, spanning 68 feet at the back—offering exceptional outdoor space. This home has Lake access and all its exclusive amenities. This home is just a short drive to Bow River, Costco, Fish Creek Provincial Park, golf courses, Southcentre Mall, and the Farmers' Market. Enjoy the comfort of central air conditioning, making every season more enjoyable. This exceptional home offers both comfort and luxury finish —don’t miss out! More details
    Listed by Jessica Chan Real Estate & Management Inc.
    DIANE RICHARDSON
  • 13016 Lake Twintree Road SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2232007

    13016 Lake Twintree Road SE Lake Bonavista Calgary T2J 2X3
    Main Photo: 13016 Lake Twintree Road SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2232007
    $1,629,000
    Residential
    Status:
    Active
    MLS® Num:
    A2232007
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    2,202 sq. ft.
    Welcome to an exclusive bungalow nestled in the prestigious community of Lake Bonavista. Boasting over 3400 SQ FT of living space and a front AND back double garage, this luxurious residence is within walking distance to the lake, local schools, shopping and Fish Creek Park nearby. As you enter, soaring vaulted ceilings greet you and run through the living room with gorgeous fireplace to the contemporary loft space. The custom kitchen boasts real wood cabinetry, dovetail drawers, premium quartz counters, a massive island and is flanked by a flex space and a butler pantry. A glass-enclosed wine feature and dinette cabinetry sit just off the dining room which opens out to a bbq area and backyard. The main bathroom exudes elegance, with a custom dual vanity, in-floor heated marble tile, and sits perfectly beside two bedrooms that boast a unique loft space that could be developed to multiple future uses. The primary suite offers a spacious layout, a large walk-in closet, and a luxurious ensuite with a freestanding soaker tub, marble tile, custom double vanity, and a dual shower framed by an exotic backlit illuminated quartz. The basement is an entertainer’s dream with a living room, wet bar, bathroom with walk-in shower, flex room, and two additional bedrooms. The front and backyards await your touch and are ready to take advantage of the supplied personalized landscaping package. Meticulously renovated down to the studs, this home features upgraded insulation, new electrical and plumbing, smart switches, engineered hardwood, and all new doors, trim, and paint. No expense has been spared in creating this luxurious masterpiece, don't miss your chance to make it yours! More details
    Listed by Real Estate Professionals Inc.
    DIANE RICHARDSON
1-5/5
Data was last updated August 5, 2025 at 06:05 PM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.