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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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.

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CALGARY $500,000 NEW LISTINGS

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  • 1620 Shelbourne Street SW in Calgary: Scarboro Residential Land for sale : MLS®# A2216890

    1620 Shelbourne Street SW Scarboro Calgary T3C 2L3
    Main Photo: 1620 Shelbourne Street SW in Calgary: Scarboro Residential Land for sale : MLS®# A2216890
    $500,000
    Land
    Status:
    Active
    MLS® Num:
    A2216890
    "ATTENTION DEVELOPERS & BUILDERS!! Prime corner lot in the highly sought-after inner-city community of Scarboro! This spacious lot, zoned RCG, is ideal for an infill project, with no demolition costs and immediate possession available. Measuring approximately 19.8 x 21.3 meters (corner cut), this location offers a rare opportunity to build a new home or multi-family unit just minutes from downtown Calgary. Enjoy the convenience of nearby amenities including top-rated schools, parks, shopping, dining, and excellent transit access. Don’t miss out—motivated sellers make this upscale neighborhood your next project site!" More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 908 1121 6 Avenue SW in Calgary: Downtown West End Apartment for sale : MLS®# A2209499

    908 1121 6 Avenue SW Downtown West End Calgary T2P 5J4
    Main Photo: 908 1121 6 Avenue SW in Calgary: Downtown West End Apartment for sale : MLS®# A2209499
    $500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2209499
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,385 sq. ft.
    RARE FIND! READY TO MOVE IN ONE OF A KIND URBAN LIVING DOWNTOWN WEST END! 3 BEDROOM, 2 FULL BATHROOM, 1384 SQ FT CONDO UNIT w/ 2 TITLED HEATED PARKING SPOTS, and 2 WEST FACING BALCONIES WITH 180 DEGREE UNOBSTRUCTED MOUNTAIN & BOW RIVER VIEWS. This impeccable unit will impress you with features such as ceramic tile flooring, updated bathrooms, modern kitchen design with granite countertops, knock-down ceilings, and NEW PAINT (all walls, doors, trims & fireplace mantle). Stepping inside, you will notice the meticulously maintained interior with upgraded ceramic tile flooring and fresh paint throughout. The open concept layout seamlessly connects the foyer, kitchen, eating area, dining room and living room, creating the perfect space for gathering with family or friends and everyday living. The gourmet kitchen features stainless steel appliances, modern cabinets offering ample storage and granite countertops with an eating area. The cozy living room features a gas fireplace, with a patio door leading out to your WEST facing balcony and a gas line for your outdoor BBQ needs. The primary bedroom features a double closet and an updated 6-piece ENSUITE bathroom. There are 2 additional bedrooms providing versatility, whether it be for family, guests, a home office, or hobby space, finishing off the unit you will discover the 4-piece bathroom with a new toilet and faucet. This unit comes with the convenience of IN-UNIT LAUNDRY, good sized in-unit storage room, 2 heated underground titled parking spots. This well maintained building comes with 2 elevators and plenty of visitor parking, with on-site security/concierge services, party/games rooms (ping pong & pool table) and a private gym. Excellent location that is minutes walking distance to Kerby LRT station, shops, restaurants, downtown and close to Bow River + pathways. Easy access to Bow Trail, Crowchild and Memorial Drive. Don't miss this fantastic opportunity, be the first to view this amazing unit! Call for your private viewing today! More details
    Listed by RE/MAX Realty Professionals
    DIANE RICHARDSON
  • 1111 Evansridge Park NW in Calgary: Evanston Row/Townhouse for sale : MLS®# A2235874

    1111 Evansridge Park NW Evanston Calgary T3P 0N7
    Main Photo: 1111 Evansridge Park NW in Calgary: Evanston Row/Townhouse for sale : MLS®# A2235874
    $500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2235874
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,584 sq. ft.
    Welcome to 1111 Evansridge Park NW. A bright and spacious end-unit townhome ideally located in the heart of Evanston. This 3-bedroom, 2.5-bathroom townhome offers over 1,500 sq. ft. of thoughtfully designed living space across three levels, bursting with natural light, this home combines style, versatility, and convenience. The entry level features a welcoming foyer, flex room perfect for a fourth bedroom, home office, or gym, along with a double attached garage and extra storage. Upstairs showcases an open-concept layout with large windows on three sides, filling the space with natural light. The kitchen is the heart of the home, complete with granite countertops, a large island, stainless steel appliances, and ample cabinetry. Enjoy outdoor dining or evening relaxation on the west-facing balcony with a built-in gas line. A tucked-away powder room completes this level. On the upper floor, you’ll find a bright primary suite, a walk-in closet, and a private 4-piece ensuite. Two additional bedrooms, a full 4-piece bathroom, and convenient upstairs laundry make everyday living easy. Outside, relax on your east-facing patio, overlooking a beautifully maintained courtyard. Located just steps from the scenic ridge and pathways, this home is also minutes from Evanston's many amenities, including shopping, restaurants, playgrounds, and easy access to Stoney Trail. Whether you're looking for a family-friendly community or a quiet retreat with room to grow, this is a fantastic opportunity that checks all the boxes. More details
    Listed by RE/MAX House of Real Estate
    DIANE RICHARDSON
  • 14568 Mt Mckenzie Drive SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2242730

    14568 Mt Mckenzie Drive SE McKenzie Lake Calgary T2Z 3G9
    Main Photo: 14568 Mt Mckenzie Drive SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2242730
    $500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2242730
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,021 sq. ft.
    This well-maintained bi-level in the desirable community of McKenzie Lake is an excellent fit for first-time buyers, couples, small families, or those looking to downsize. The home features a functional open-concept layout with the living room, kitchen, and dining area flowing together, ideal for both daily living and entertaining. Large windows on all sides of the home provide plenty of natural light throughout. The main floor includes laminate flooring and a stylish kitchen with upgraded cabinetry, countertops, backsplash, and stainless steel appliances. The spacious primary bedroom is surprisingly large for a home of this size, and is accompanied by a second bedroom and a cheater ensuite bathroom. The fully finished basement offers two additional good-sized bedrooms and a full bathroom, offering flexibility for guests, teens, or workspace needs. Outside, a generous backyard provides plenty of space for outdoor fun, and BBQing is easy with access directly from the kitchen and dining area. A gravel parking pad sits at the rear, with room to build a garage if desired. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 18 Richelieu Court SW in Calgary: Lincoln Park Row/Townhouse for sale : MLS®# A2241126

    18 Richelieu Court SW Lincoln Park Calgary T3E 7E9
    Main Photo: 18 Richelieu Court SW in Calgary: Lincoln Park Row/Townhouse for sale : MLS®# A2241126
    $500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2241126
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,314 sq. ft.
    Welcome to this beautifully maintained bungalow-style end unit townhome, thoughtfully designed for comfort and ease of living in the quiet, well-established community of Lincoln Park. Perfectly suited for 40+ buyers, this home is located in a well-managed complex that offers a peaceful setting with flexible living options and mountain views. With over 2,200 sq ft of living space, including 1,314 sq ft on the main level, this home prioritizes accessibility and convenience. The bright, open-concept living and dining area is bathed in natural light, creating a warm and inviting atmosphere. The galley-style kitchen features classic oak cabinetry, updated appliances, and a functional layout with ample prep and storage space—all within easy reach. Two generously sized bedrooms are located on the main floor, including a spacious primary suite with a private ensuite, offering a retreat-like feel. A second full bathroom and main-level laundry add to the convenience, eliminating the need for stairs in daily living. The fully finished basement extends your options with a third bedroom, a large rec room complete with a wet bar, another full bathroom, and a spacious storage room with built-in shelving and an extra fridge—perfect for hosting guests or accommodating extended family. Additional highlights include an attached double garage for easy access, a charming covered front porch, a fully finished walk out basement and low-maintenance landscaping, allowing you to enjoy your home without the hassle of upkeep. The complex is ideally located just minutes from Mount Royal University, shopping, transit, and green spaces, ensuring all your needs are close at hand. Whether you're downsizing, investing, or seeking a low-maintenance lifestyle in a quiet, age-friendly community, this home offers the perfect blend of comfort, accessibility, and flexibility. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 108 3550 45 Street SW in Calgary: Glenbrook Row/Townhouse for sale : MLS®# A2216066

    108 3550 45 Street SW Glenbrook Calgary T3E 3V2
    Main Photo: 108 3550 45 Street SW in Calgary: Glenbrook Row/Townhouse for sale : MLS®# A2216066
    $500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2216066
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,078 sq. ft.
    **ATTENTION FIRST-TIME BUYERS: You could qualify for up to a 100% GST rebate on this new home! Enquire today to find out more!** BRAND NEW TOWNHOME PROJECT COMING SOON TO GLENBROOK! With 5 upper-level units, and 5 lower-level units, this modern townhome project is sure to impress, with an unbeatable inner-city location and time still left to upgrade or customize! This upper-level 2-storey unit features nearly 1,100 sq ft, with 2 beds, 2.5 baths, and a single detached garage. Accessible by a private stairwell, the raised first floor offers a sunny and bright open-concept living space, with sleek, low-maintenance luxury vinyl plank (LVP) flooring and large windows throughout. Fully equipped, the modern kitchen features 2-tone slab-style cabinetry, quartz countertops including a breakfast bar with seating for three, and Samsung stainless steel appliances, including a French-door refrigerator and ceramic-top stove. The adjacent dining room is perfect for family meals and entertaining, while the living room's oversized window fills the space with natural light. Completing this level, a stylish 2-piece powder room offers custom cabinetry, quartz counters, an undermount sink and a full-height mirror – perfect for guests. A lacquered spindled railing leads to the sunny upper floor, where 2 bedrooms and 2 full bathrooms await. The primary bedroom boasts a 3pc ensuite and a private balcony overlooking the residential street out front. Down the hall is a well-sized 2nd bedroom boasting easy access to the main 4pc bathroom. Each bathroom features custom cabinetry, quartz countertops, undermount sinks, and fully tiled showers. The upper floor also houses a conveniently located laundry closet. Durable and stylish, the exterior features Hardie Board and Smart Board detailing, and brushed concrete steps and walks. Located in the heart of the sought-after SW inner-city community of Glenbrook, these brand-new townhomes boast a fantastic location right across the street from Glenbrook School and the Glenbrook Community Association. A number of major amenities are located within an easy 15-min walk, including Safeway, Glamorgan Bakery, and multiple restaurants including Richmond’s Pub. Plus, nearly every imaginable amenity can be found in nearby Westhills and Signal Hill Centres which are just a 6 minute drive away. Although peacefully tucked away on a lovely residential street, Sarcee Trail and Richmond Rd are both readily accessible, making everyday commuting around the city a breeze! Make this new townhome yours! *Interior photos are samples taken from past projects - actual finishes may vary. **RMS measurements derived from the builder’s plans and are subject to change upon completion. *VISIT MULTIMEDIA LINK FOR FULL DETAILS & FLOORPLANS!* More details
    Listed by RE/MAX House of Real Estate
    DIANE RICHARDSON
  • 2401 1111 10 Street SW in Calgary: Beltline Apartment for sale : MLS®# A2241329

    2401 1111 10 Street SW Beltline Calgary T2R 1E3
    Main Photo: 2401 1111 10 Street SW in Calgary: Beltline Apartment for sale : MLS®# A2241329
    $500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2241329
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    950 sq. ft.
    Elevated living perched on the 24th floor and offering river and mountain views, this spacious 2 bed, 2 bath condo offers the best of a downtown lifestyle. A generous foyer blends into the functional kitchen area with recently updated appliances, flush top quartz counters, spacious pantry, gas cook top and convection oven. The large open living space offers versatile furniture layout options and the dining area flows out to the large balcony to enjoy west facing views. Two generous bedrooms are on opposite sides, with the primary boasting a large walk in closet and ensuite featuring marble counters, dual vanities and heated tile flooring. An excellent Titled parking stall and assigned storage compliment the unit. The building offers a great lifestyle with a 9-5 concierge, gym, steam room, owners lounge with billiard table, and a huge outdoor zen courtyard garden. Ideally located near grocery stores, transit, shopping and entertainment, this condo offers elevated downtown living and value! More details
    Listed by Sotheby's International Realty Canada
    DIANE RICHARDSON
  • 211 Taracove Estate Drive NE in Calgary: Taradale Detached for sale : MLS®# A2216482

    211 Taracove Estate Drive NE Taradale Calgary T3J 4R2
    Main Photo: 211 Taracove Estate Drive NE in Calgary: Taradale Detached for sale : MLS®# A2216482
    $500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2216482
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    872 sq. ft.
    Welcome to this charming detached bungalow nestled in a highly sought-after community of Taradale, offering the perfect blend of comfort, convenience, and potential. Situated on a quiet street and just minutes from schools, shopping centers, recreational facilities, and CTrain access, this home is ideal for first-time buyers, downsizers, or investors looking to add a solid property to their portfolio. As you step inside, you'll find a warm and inviting layout filled with natural light. The main level features a spacious living area, a functional kitchen, and cozy bedrooms—ready for your personal touch. The finished basement offers even more living space, perfect for a family room, home office, or guest suite, along with additional storage options. Set on a generous lot, the backyard provides great outdoor space for gardening, entertaining, or relaxing. At the rear of the property, a detached double garage adds extra value with secure parking and plenty of room for tools, equipment, or hobbies. Whether you're looking to move in, renovate, or rent out, this property presents a fantastic opportunity in a location that truly has it all. Enjoy easy access to everyday amenities, nearby parks, and excellent transit options. With strong long-term potential, this is a home not to be missed. Book your private showing today and explore all the possibilities this home has to offer! More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 1 1619 4 Street NW in Calgary: Rosedale Row/Townhouse for sale : MLS®# A2244332

    1 1619 4 Street NW Rosedale Calgary T2M 2Z1
    Main Photo: 1 1619 4 Street NW in Calgary: Rosedale Row/Townhouse for sale : MLS®# A2244332
    $500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2244332
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,482 sq. ft.
    **OPEN HOUSE SUNDAY AUGUST 3, 1PM-3PM** Nestled in the vibrant community of Rosedale, this beautiful 3-story attached townhome offers the perfect blend of urban convenience and modern comfort. Imagine living just a short walk distance from downtown, where shops, restaurants, and amenities cater to professionals, families, and investors alike. With public transit right outside your door and SAIT within walking distance, everything you need is at your fingertips. Inside, you will find 1,482 sq ft of thoughtfully designed living space, recently painted, featuring newer carpets (less than a year old) and Central Air Conditioning. The home is filled with elegant touches, including maple hardwood floors, a cozy gas fireplace, and plush carpeting, creating a warm and inviting atmosphere. The open concept main floor is perfect for entertaining, with a sleek kitchen that boasts glass front cabinets and stainless-steel appliances. Upstairs, two spacious bedrooms each with walk-in closets that provide plenty of storage, while the primary ensuite adds a touch of luxury. The 3rd floor loft is a versatile space, ideal for a home office, family room, or even a third bedroom, while the unfinished basement presents endless possibilities whether you envision a gym, or additional living area. Outside, a detached single car garage and extra parking spot add practicality to this already impressive home. Move-in ready and perfectly positioned, this property won’t last long schedule a viewing today and see for yourself why this could be your dream home! More details
    Listed by RE/MAX iRealty Innovations
    DIANE RICHARDSON
  • 84 Falconridge Place NE in Calgary: Falconridge Detached for sale : MLS®# A2246588

    84 Falconridge Place NE Falconridge Calgary T3J 1A6
    Main Photo: 84 Falconridge Place NE in Calgary: Falconridge Detached for sale : MLS®# A2246588
    $500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2246588
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    984 sq. ft.
    FULL-SIZE LOT, LOTS OF POTENTIAL, GREAT LOCATION. Live up, Rent down! Great investment option to own a DETACHED HOME! Welcome to 84 Falconridge Crescent NE — a spacious and updated bi-level home offering over 1,800 sq. ft. of developed living space in the heart of Falconridge. With 4 bedrooms, 2.5 bathrooms, and a separate entrance to a fully finished illegal basement suite, this home is an ideal fit for first-time buyers, multi-generational families, or savvy investors. The main level features laminate flooring, fresh paint, modern baseboards, stylish LED pot lighting, and a cozy wood-burning fireplace that adds warmth and charm. The open-concept living room is bright and welcoming, anchored by a stone feature fireplace and large windows that fill the space with natural light. The updated kitchen showcases new cabinetry and a beautiful countertop, flowing into the dining area with direct access to the rear deck — perfect for relaxing or entertaining during warmer months. Two spacious bedrooms are found on this level, including a primary suite with a 2-piece ensuite, along with a fully renovated 4-piece main bathroom. Downstairs, the fully developed basement offers over 830 sq. ft. of additional living space, including a large family room, two more bedrooms with egress windows, a second full 4-piece bathroom, a second kitchen, and additional LED pot lighting throughout. The shared laundry area is conveniently located in the common area at the base of the stairs. Outside, the home features a rear parking pad that accommodates 2+ vehicles and a low-maintenance yard. Located just steps from schools, parks, shopping, and public transit, this property offers both convenience and long-term potential. Whether you're looking for a comfortable family home or an income-generating investment, 84 Falconridge Crescent NE is a must-see! More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 297 Mahogany Boulevard SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2236396

    297 Mahogany Boulevard SE Mahogany Calgary T3M 2G6
    Main Photo: 297 Mahogany Boulevard SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2236396
    $500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2236396
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,805 sq. ft.
    2 MASTER BEDROOMS | 2 1/2 BATHROOMS | 3 STOREY | 1,805 SQFT OF LIVING SPACE | DOUBLE ATTACHED GARAGE | Welcome to this beautifully decorated and immaculately maintained home in the family friendly community of Mahogany. This home features central air conditioning, an abundance of storage space and upgraded lighting throughout. As you enter the home you will be impressed with the spacious living room with a large south facing window overlooking the the wetlands and allowing an abundance of natural light into the space. Just steps away, enjoy your dining room opening onto the kitchen with access to the balcony with natural gas hookup. The kitchen features quartz countertops, a convenient breakfast bar, brand new microwave hood fan and plenty of counter and cabinet space. Enjoy the convenience of the kitchen cupboard/pantry with an appliance service station and feature stationary barn doors. You will also enjoy the upgraded dual blinds with black out shades and 2-piece bathroom on the main level. As you head upstairs, you will be impressed with the convenient crawl space storage area just off the landing. Once on the upper level, you are welcomed to two stunning master bedrooms both equipped with their own ensuites and walk-in closets for convenience. Relax in the primary bedroom with 4-piece ensuite bathroom or enjoy the second bedroom with custom textured wallpaper throughout, adding an elegant touch to the room. Additionally, you will enjoy the convenient laundry room on the upper level. The lower level features an open are to use as an office, large storage room and mudroom for ease when entering from the double attached heated garage. Enjoy all that this home has to offer as well as the many amenities that Mahogany has to offer including lake access, beach club, and recreation facilities. The home is conveniently located across the street from an elementary school and playground. Don't miss out on the chance to live in this wonderful lake community and make this home yours today! More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 4904 22 Avenue NW in Calgary: Montgomery Detached for sale : MLS®# A2234266

    4904 22 Avenue NW Montgomery Calgary T3B 0Y7
    Main Photo: 4904 22 Avenue NW in Calgary: Montgomery Detached for sale : MLS®# A2234266
    $500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2234266
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    769 sq. ft.
    Double the Potential – Two Side-by-Side Lots can be Sold Together! This is a rare redevelopment opportunity you won’t want to miss—two adjacent properties being sold as one parcel, offering nearly 200 feet of combined frontage and over 9700 sq' of combined building area in a highly desirable inner-city location. These lots can be purchased together, making this a unique chance to secure a substantial footprint in one of Calgary’s most sought-after infill communities. With both the front and rear of the combined parcel facing main roads, the layout offers incredible flexibility for future planning. Located on an elevated street that already showcases many impressive new builds, this site is positioned to take full advantage of the surrounding views and long-term value. Prefer to hold for now? Each property is currently home to a well-maintained residence, featuring newer furnaces, hot water tanks, and roofs—ideal for minimizing unexpected costs. Plus, exceptional existing tenants are happy to stay, allowing for strong, steady rental income while you plan your next move. Opportunities like this don’t come around often. Secure your place in this thriving redevelopment pocket today! More details
    Listed by LPT Realty
    DIANE RICHARDSON
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