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!

Forgot password Extend Verify Contact

#158 50516 Range Road 120
NONE Rural Minburn No. 27, County of T0B 2G0

$129,900
Residential beds: 1 baths: 1.0 683 sq. ft. built: 1964

Main Photo: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 1: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 2: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 3: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 4: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 5: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 6: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 7: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 8: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 9: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 10: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 11: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 12: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 13: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 14: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 15: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 16: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 17: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 18: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 19: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 20: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 21: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 22: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 23: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 24: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 25: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 26: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 27: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 28: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 29: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 30: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 31: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 32: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 33: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Photo 34: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2226282
Bedrooms:
1
Bathrooms:
1
Year Built:
1964
Escape to the tranquility of lake life with this beautifully maintained cabin on the shores of Wapasu Lake—just minutes from Highway 16 and under two hours from Edmonton. Perfect as a weekend getaway, this lakeside retreat offers peaceful seclusion with modern comfort and rustic charm. Step inside to discover bright, open living spaces featuring high ceilings, exposed timber beams, and stunning lake views that define the cottage lifestyle. The spacious kitchen boasts butcher block countertops, lots of cabinets for storage, and space for BBQ prep or family meals. The open-concept dining and family room is surrounded by large windows, letting in natural light and framing the scenic outdoors. A generous primary sleeping area able to fit a queen sized bed, makes great use of the cabin’s efficient layout. Additional features include: Two versatile storage sheds—perfect for water toys, kayaks, tools, or garden gear; Outdoor shower room for rinsing off after a day on the lake; A charming converted RV bunkhouse with a queen-size bedroom, a convertible couch and dining table, and a bright living space—ideal for extra guests or a private retreat. Enjoy your evenings at the lakeside fire pit, taking in beautiful water views. Direct access to the lake via a set of stairs makes swimming, paddling, and kayaking easy and inviting. Whether you're looking for a peaceful escape, a family-friendly summer spot, or a vacation rental investment, this property offers it all. The Recreation area offers a park area for the kids to play and walking trails. Don’t miss your chance to own affordable lakefront property close to Edmonton—book your private showing today!
Property Type:
Residential
Property Sub Type:
Recreational
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Cottage/Cabin
Total Living Area:
683 sq. ft.
Lot Area:
5,916 sq. ft.
Lot Frontage:
60'
Front Exposure:
North
Unit Exposure:
North
Entry Level:
0
Levels:
One
Total Rooms Above Grade:
3
Year built:
1964 (Age: 61)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:0, Half:1)
Plan:
5091KS
Electricity:
Single Phase
Heating:
Wood, Wood Stove
Basement:
None
Foundation:
Other
New Constr.:
No
Construction Material:
Mixed, Wood Frame, Wood Siding
Structure Type:
Cabin
Roof:
Metal
Ensuite:
No
Flooring:
Laminate, Vinyl Plank, Wood
Cooling:
None
Fireplaces:
1
Fireplace Details:
Living Room, Wood Burning Stove
Water Supply:
None
Sewer:
None
Utilities:
Electricity Connected, Sewer Not Available
Garage:
No
Parking:
Off Street
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
None
NONE
Electric Stove, Microwave, Refrigerator
Furniture Negotiable
Nature Conservancy, See Remarks
Floor
Type
Size
Other
Main Floor
Kitchen
12'2" × 8'10"
Main Floor
Bedroom - Primary
16'9" × 8'10"
Main Floor
Living/Dining Room Combination
29'2" × 12'2"
Floor
Ensuite
Pieces
Other
Main Floor
No
1
19'8" x 3'7"
Title to Land:
Fee Simple
Community Features:
Playground, Walking/Bike Paths
Interior Features:
Beamed Ceilings, Ceiling Fan(s), High Ceilings, Natural Woodwork, No Smoking Home, Open Floorplan, Wood Counters
Exterior Features:
Barbecue, Storage
Patio And Porch Features:
Deck
Lot Features:
Gentle Sloping, Lake, Low Maintenance Landscape, No Neighbours Behind, Rectangular Lot, Treed, Waterfront
Waterfront Features:
Lake Access, Lake Front, Waterfront
Num. of Parcels:
0
Outbuildings:
Shed, Special Purpose
Fencing:
None
Nearest Town:
Innisfree
Region:
Minburn No. 27, County of
Zoning:
WAPASU REC. CONSERVATION
Listed Date:
May 30, 2025
  • Photo 1: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 1 of 34
  • Photo 2: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 2 of 34
  • Photo 3: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 3 of 34
  • Photo 4: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 4 of 34
  • Photo 5: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 5 of 34
  • Photo 6: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 6 of 34
  • Photo 7: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 7 of 34
  • Photo 8: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 8 of 34
  • Photo 9: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 9 of 34
  • Photo 10: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 10 of 34
  • Photo 11: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 11 of 34
  • Photo 12: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 12 of 34
  • Photo 13: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 13 of 34
  • Photo 14: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 14 of 34
  • Photo 15: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 15 of 34
  • Photo 16: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 16 of 34
  • Photo 17: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 17 of 34
  • Photo 18: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 18 of 34
  • Photo 19: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 19 of 34
  • Photo 20: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 20 of 34
  • Photo 21: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 21 of 34
  • Photo 22: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 22 of 34
  • Photo 23: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 23 of 34
  • Photo 24: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 24 of 34
  • Photo 25: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 25 of 34
  • Photo 26: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 26 of 34
  • Photo 27: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 27 of 34
  • Photo 28: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 28 of 34
  • Photo 29: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 29 of 34
  • Photo 30: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 30 of 34
  • Photo 31: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 31 of 34
  • Photo 32: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 32 of 34
  • Photo 33: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 33 of 34
  • Photo 34: #158 50516 Range Road 120: Rural Minburn No. 27, County of Recreational for sale : MLS®# A2226282
    Photo 34 of 34
Listed by RE/MAX PRAIRIE REALTY
Data was last updated August 7, 2025 at 10:05 AM (UTC)
DIANE RICHARDSON
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.