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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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Get in Touch with Diane Richardson – Your Trusted Calgary Real Estate Professional
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RED DEER NEW REAL ESTATE LISTINGS
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, condos, and townhouses on AlbertaTownandCountry.com.
Diane Richardson @ 403-397-3706 (call or text) or email Diane@drichrealty.com
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702 4719 33 Street in Red Deer: South Hill Row/Townhouse for sale : MLS®# A2275933
702 4719 33 Street South Hill Red Deer T4N 0N7 $149,900Residential- Status:
- Active
- MLS® Num:
- A2275933
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 1,105 sq. ft.103 m2
Welcome to this affordable 3-bedroom, 1-bath townhouse condo nestled in the established South Hill community of Red Deer, a solid investment opportunity or affordable entry into the real estate market. Featuring a well-proportioned layout with a functional living space, this property offers comfortable everyday living and strong rental potential with a tenant willing to stay. Inside, you’ll find an inviting living room, eat-in kitchen, and three bedrooms, perfect for tenant appeal or owner occupancy. The full bathroom completes the upstairs layout. With easy maintenance and a practical floor plan, this unit is ideal for first-time buyers or investors. Steps from your front door, enjoy everyday convenience with shopping, services, restaurants and amenities nearby, including the expansive Bower Place Shopping Centre just minutes away, offering over 110 retailers and services to meet daily needs. Downtown Red Deer is also within quick reach for dining, entertainment, and community attractions. Wikipedia Nature lovers and outdoor enthusiasts will appreciate proximity to green spaces and parks while still being moments from transit options and major routes for commuting throughout Central Alberta. Whether you’re growing your investment portfolio or entering the market with long-term rental income, this property walks the perfect line between convenience and value with the added advantage of an existing tenant in place. Don’t miss out an excellent opportunity awaits in a vibrant Red Deer neighbourhood! More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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304 5300 48 Street in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2276402
304 5300 48 Street Downtown Red Deer Red Deer T4N 7C5 $239,000Residential- Status:
- Active
- MLS® Num:
- A2276402
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 749 sq. ft.70 m2
Welcome to this beautiful, renovated condo in the sought after building of Sierras of Heritage Village. Walk into the nice sized entrance and onto the kitchen that has plenty of cabinets and counter space, which is open to the living room, making this a great space to entertain your friends or spend time with family. The primary bedroom is a great size and allows for a king bed with plenty of closet space. Off the living area - there is a covered private deck. There is a beautiful vinyl plank floor throughout, new counter tops, updated plumbing fixtures, appliances, all blinds and window coverings. The condo offers an abundance of large windows throughout the home that lets the natural light soar through making it a bright and sunny space. This building is designed for active adult living, it is a 55+ building and offers an abundance of amenities including a games room, community center with a full kitchen, library, workshop, fitness center, crafts room and a pool with a hot tub. There are several extras and upgrades including , A/C, natural gas to the deck, an underground titled parking stall and storage unit. No pets allowed. Underground parking is titled. Storage spot is labelled DD and the parking stall is 00. More detailsListed by Royal LePage Network Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5919 52 Avenue in Red Deer: Riverside Meadows Detached for sale : MLS®# A2277515
5919 52 Avenue Riverside Meadows Red Deer T4N 4K6 $275,000Residential- Status:
- Active
- MLS® Num:
- A2277515
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 946 sq. ft.88 m2
EXTENSIVELY RENOVATED home on a beautifully landscaped double lot with ample space for RV parking or to build a huge garage! Improvements on this home include all new drywall, insulation, and vapour barrier throughout, updated windows and doors, all new kitchen and upgraded stainless steel appliances including a gas stove, refinished hardwood, vinyl plank flooring upstairs and in the basement, updated trim and casings, a fully renovated bathroom, shingles, eavestroughs, electrical panel, high efficient furnace, and more! This spotless character home offers a large living room, two bedrooms on the main floor including a nicely sized primary bedroom with walk in closet, and a beautifully renovated 4 pce bathroom. Upstairs you'll find a cozy loft space, a great space for a playroom, studio, or whatever else you might need. The basement has also been totally renovated with a family room space, laundry area with storage and shelving, and cold storage with built in shelving. Your backyard oasis is beautifully landscaped and offers a deck with pond area, low maintenance shrubs, newer fence, large RV gate with gravel parking pad, and the large tarp shelter and shed are included! This immaculate home shines with pride of ownership throughout and careful detail was put into all renovations and upgrades. This home is a pleasure to show! More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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56 Gillespie Crescent in Red Deer: Glendale Park Estates Detached for sale : MLS®# A2277136
56 Gillespie Crescent Glendale Park Estates Red Deer T4P 2M8 $289,900Residential- Status:
- Active
- MLS® Num:
- A2277136
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,044 sq. ft.97 m2
Affordable detached home located on a quiet street in Glendale Park Estates! This fully finished home has a very good sized yard, fully fenced, large rear deck plus front paved parking pad. The home itself is fully finished, featuring 4 bedrooms + office and 2 full bathrooms. Plenty of opportunity to add your personal touch to this home - good bones and a great family layout offer plenty of future potential. Walking distances to all amenities, including parks, playgrounds, Glendale skate park and school and the GH Dawe. Get into detached home ownership at a budget price! More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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202 125 Caribou Crescent in Red Deer: Clearview Ridge Row/Townhouse for sale : MLS®# A2277351
202 125 Caribou Crescent Clearview Ridge Red Deer T4P 0V6 $295,000Residential- Status:
- Active
- MLS® Num:
- A2277351
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,153 sq. ft.107 m2
Welcome to this stylish two-story condo located in the desirable Clearview Ridge neighborhood of Red Deer. Close to schools, shopping, and restaurants, and with easy access to Red Deer’s extensive trail system, this location offers both convenience and lifestyle. As you enter the home, you are welcomed into the main living area featuring a bright and inviting living room with large windows overlooking a peaceful field and mature trees. Down the hall, you will find a convenient half bathroom, perfect for guests, followed by the kitchen, which is finished with quartz countertops, ample cabinetry, and a generously sized pantry. Just off the kitchen is your private deck, complete with a gas line for your BBQ and access to the air conditioning unit, making it an ideal space for relaxing or entertaining. Upstairs, the home offers two spacious bedrooms, a full bathroom, and the added convenience of upper level laundry. Both bedrooms are large enough to comfortably accommodate king size beds. To complete the package, this condo includes an attached garage, providing secure parking and additional storage while keeping your vehicle protected from the elements. Visitor parking is conveniently located nearby, making it easy for guests to visit without the hassle of searching for parking. This well maintained condo offers a functional layout, modern finishes, and an excellent location. A great opportunity for first time buyers, downsizers, or investors. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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230 Kendrew Drive in Red Deer: Kingsgate Semi Detached (Half Duplex) for sale : MLS®# A2276470
230 Kendrew Drive Kingsgate Red Deer T4P 3Z1 $295,000Residential- Status:
- Active
- MLS® Num:
- A2276470
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 638 sq. ft.59 m2
IMMACULATE FULLY DEVELOPED 3 BEDROOM, 1.5 BATH HALF DUPLEX ~ CORNER LOT ACROSS FROM A PARK ~ OVERSIZED SHED ~ PRIDE OF OWNERSHIP THROUGHOUT. This exceptionally well-maintained home shows a true 10/10 and is move-in ready. Situated on a desirable corner lot directly across from a park, offering peaceful views and a sense of openness rarely found in duplex living. The beautifully landscaped yard features mature trees, flowering shrubs, and vibrant perennials, creating a welcoming and private outdoor space. An oversized 12’3” x 16’3” shed with an overhead door provides outstanding storage and easily accommodates a golf cart, bikes, tools, or recreational toys. Inside, the home is bright and sunny with a thoughtfully designed open floor plan that maximizes space and functionality. Crisp white cabinetry and neutral finishes create a fresh, timeless look, while Berber carpet throughout adds warmth and comfort. The spacious living and dining areas flow seamlessly into the kitchen, making everyday living and entertaining effortless. The fully developed lower level adds valuable living space with additional bedrooms and flexible use options. Recent updates include a newer hot water tank, updated in-floor heat pump, and shingles replaced in 2023, providing peace of mind for years to come. Ideal for first-time buyers, investors, downsizers, or anyone seeking low-maintenance, easy living without sacrificing comfort or location. Located in a fantastic community close to multiple schools, the YMCA, parks, playgrounds, walking trails, shopping, and a wide range of amenities, making this an excellent place to call home. More detailsListed by LPT Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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44 Dale Close in Red Deer: Deer Park Estates Row/Townhouse for sale : MLS®# A2276194
44 Dale Close Deer Park Estates Red Deer T4R 2L5 $299,900Residential- Status:
- Active
- MLS® Num:
- A2276194
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 1,075 sq. ft.100 m2
Adult living at its best! Welcome to 44 Dale Close – a bungalow-style townhouse backing onto a park and located in a quiet close. Almost NO maintenance front yard with your own private, fenced backyard. This 50+ unit features two bedrooms and one bathroom with an oversized jetted tub. NO CONDO FEES!! Front living room with an East-facing, sunny bay window. The living room is combined with the dining room. The U-shaped kitchen has plenty of cabinet space. The 2nd bedroom (could also serve as a den/office) has a garden door out to the fenced backyard. You will enjoy the peaceful yard backing onto a park. Back, poured concrete patio is covered. The attached garage is fully finished and insulated. Convenient water tap and a handy utility sink. Ring in the New Year with a new property! These properties don’t come along very often. Take advantage while you can. More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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3927 Exeter Crescent in Red Deer: Eastview Detached for sale : MLS®# A2276642
3927 Exeter Crescent Eastview Red Deer T4N 2V2 $300,000Residential- Status:
- Active
- MLS® Num:
- A2276642
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,534 sq. ft.143 m2
Welcome to this charming and exceptionally well-kept 1958 bungalow offering over 1,500 sq ft of comfortable main-floor living. Bursting with curb appeal and classic mid-century character, this solid home has been lovingly maintained and is move-in ready—while also presenting an incredible opportunity for a stunning renovation or modernization project. Step inside and you’ll find a spacious, inviting layout featuring 3 bedrooms, including a primary suite with a convenient 2-piece ensuite. A full 4-piece main bathroom serves the main level, while the lower level adds even more functionality with a 3-piece bathroom and plenty of space for recreation, hobbies and storage. Outside, the fully fenced backyard is ideal for families, pets, and entertaining. Enjoy summer gatherings on the large concrete patio, with plenty of room for outdoor dining and relaxation. A detached double garage and additional garden shed provide excellent storage and workspace options. With its timeless design, immaculate condition, and incredible potential, this home offers a rare opportunity to enjoy classic character today while dreaming up tomorrow’s transformation. A true “step back in time”—beautifully preserved, wonderfully loved, and ready for its next chapter. More detailsListed by Royal LePage Network Realty Corp.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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32 73 Addington Drive in Red Deer: Aspen Ridge Row/Townhouse for sale : MLS®# A2276416
32 73 Addington Drive Aspen Ridge Red Deer T4R 2Z6 $330,000Residential- Status:
- Active
- MLS® Num:
- A2276416
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,218 sq. ft.113 m2
Welcome to this beautiful fully developed townhouse in the sought after neighbourhood of Aspen Ridge with a DOUBLE attached garage! This well maintained property is fantastic for first time home buyers or investors as it offers two primary suites both equipped with walk-in closets and ensuites. The main floor is very spacious and features lovely hardwood floors, large windows and access to the fenced low maintenance yard. The kitchen offers plenty of cabinet and counter space as well as tile backsplash. Ample living space with the basement fully finished offering a large flex space and family room. This home features upgraded carpet and a newer washer/dryer combo and has Central A/C as an added bonus! The attached garage is finished with drywall and paint. Enjoy the easy living lifestyle with snow removal/yard care taken care of for you! This home is completely move-in ready and is a pleasure to view all while being in such a convenient location close to all major amenities. More detailsListed by Century 21 Maximum- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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19 Gibson Close in Red Deer: Glendale Detached for sale : MLS®# A2277522
19 Gibson Close Glendale Red Deer T4P 2Z3 $359,900Residential- Status:
- Active
- MLS® Num:
- A2277522
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,704 sq. ft.158 m2
This legally suited 4 level split offers two self contained suites with reliable, long term tenants already in place. The upper suite offers a spacious, front facing living room, a dedicated dining space, and a renovated kitchen with modern cabinetry and matching white appliances. A private laundry room is conveniently located just off the main living space. Upstairs are three bedrooms, including a generous primary with double closets, plus a 4 piece bathroom with direct access to the primary featuring an updated tub and surround. The lower level suite features a bright, large living room overlooking the spacious private backyard. The dining area sits adjacent to the living room and flows seamlessly to an updated kitchen equipped with maple cabinets, matching white appliances, and a spacious pantry. The basement level includes two bedrooms, a 4 piece bathroom, and a private laundry room off one of the bedrooms. Outside, the property provides separate, fully fenced yard spaces for each suite along with rear parking for up to four vehicles. Located steps to schools, parks, playgrounds, shopping, and the YMCA. More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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79 Oak Street in Red Deer: Oriole Park Detached for sale : MLS®# A2277221
79 Oak Street Oriole Park Red Deer T4P 1R9 $359,900Residential- Status:
- Active
- MLS® Num:
- A2277221
- Bedrooms:
- 6
- Bathrooms:
- 4
- Floor Area:
- 1,328 sq. ft.123 m2
This fully developed 4-level split home in Oriole Park offers enough space for a large family with two separate living areas, each with its own kitchen. This property is ideal for a family home or renting and is located on a corner lot with ample parking. Entering through the front door, you’ll find a bright, spacious living room, and adjacent to it, a kitchen for the main living area. With a few stairs to the upper level, there is a primary bedroom with a 3-piece ensuite, two additional bedrooms and a 4-piece bathroom. This self contained area can also be accessed through a side door to the east. The hallway leads you to the separate kitchen and dining area. A few steps down to the illegal suite on the lower level has 2 more bedrooms, a 3-piece bathroom and utility room for laundry. Then comes the basement level with its own living room, 1 bedroom and full bath. The fully fenced yard and green areas around the house completed the look. More detailsListed by Century 21 Maximum- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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202 148 Vanier Drive in Red Deer: Vanier Woods Row/Townhouse for sale : MLS®# A2277234
202 148 Vanier Drive Vanier Woods Red Deer T4R 0K9 $379,900Residential- Status:
- Active
- MLS® Num:
- A2277234
- Bedrooms:
- 3
- Bathrooms:
- 4
- Floor Area:
- 1,260 sq. ft.117 m2
Situated in the sought after neighbourhood of Vanier Woods, this immaculate 2 storey townhouse is just steps from parks, playgrounds, schools, and the shopping amenities of East Hill Centre. If you're looking for a true no maintenance, worry free living experience, this home allows you to just lock it and leave it as all exterior maintenance is taken care of. The main floor offers a bright and open layout with modern finishes including luxury vinyl plank flooring, an office/den with double doors, and a spacious and comfortable main living space. The modern kitchen offers sleek grey cabinetry, stainless steel appliances, quartz countertops, an undermount sink, and a large island with eating bar. The spacious living room is adjacent to the dining area and garden door leading out to your private deck. Upstairs, you’ll find three bedrooms, including a large primary suite complete with double closets and your own private 4 pce ensuite. A second 4 pce bathroom is shared between the two nicely sized kids' or guest bedrooms, keeping convenience and usability in mind. The fully finished basement adds even more value with a large rec room which is perfect for movie nights or a home gym, or convert it into a fourth bedroom ideal for a teenager or roommate. A 4 pce bathroom, huge utility and laundry space, and plenty of storage complete the basement development. Two reserved parking stalls are included right outside the unit's front door, and condo fees of $448.84 cover water, sewer, garbage, exterior maintenance, snow removal, reserve fund contributions, and professional management. This turn key, low maintenance home shines with pride of ownership and is a pleasure to show! More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email





