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

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CALGARY WALKOUT BASEMENT HOMES FOR SALE

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  • 3804 Centre A Street NE in Calgary: Highland Park Detached for sale : MLS®# A2240103

    3804 Centre A Street NE Highland Park Calgary T3E 3A6
    Main Photo: 3804 Centre A Street NE in Calgary: Highland Park Detached for sale : MLS®# A2240103
    $429,000
    Residential
    Status:
    Active
    MLS® Num:
    A2240103
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    753 sq. ft.
    Here’s your chance to secure unmatched value in a sought-after, quiet cul-de-sac in the heart of the city. Whether you’re looking for a turnkey rental, multi-generational living, or a future redevelopment site, this fully updated legal suited bungalow checks every box! PROPERTY HIGHLIGHTS: 1) LEGAL basement suite with separate entrance 2)Separate laundry & kitchens on both levels 3) 2 bedrooms upstairs + 1 bedroom downstairs 4)2 full bathrooms, 2 living rooms, 2 dining rooms 5) Huge 2-tier walk-out deck rebuilt in 2016 6) Newer furnace & hot water tank (2017) 7) Ample parking & privacy in a quiet cul-de-sac UNBEATABLE LOCATION: 1) Minutes to Deerfoot Trail and Downtown core 2) Steps to Centre Street, schools, shops, and transit 3) Close to major bus routes: #3, #301 (Downtown), #300 (Airport) REDEVELOPMENT POTENTIAL: Located in a high-demand inner-city area with active infill developments nearby — this property offers strong long-term appreciation potential. Exciting News! A major real estate development project is launching nearby — an incredible once-in-a-lifetime opportunity for savvy investors. Buy now and benefit from future growth! Don’t miss out – book your private showing today! Whether you plan to rent out, live in, or rebuild, this is the one you’ve been waiting for! More details
    Listed by First Place Realty
    DIANE RICHARDSON
  • 272 Erin Woods Drive SE in Calgary: Erin Woods Detached for sale : MLS®# A2227036

    272 Erin Woods Drive SE Erin Woods Calgary T2B 3B9
    Main Photo: 272 Erin Woods Drive SE in Calgary: Erin Woods Detached for sale : MLS®# A2227036
    $449,990
    Residential
    Status:
    Active
    MLS® Num:
    A2227036
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    881 sq. ft.
    **OPEN HOUSE SAT JULY 19 1-3PM** Welcome to this exquisite bi-level residence featuring a finished basement with SEPARATE ENTRANCE, nestled in the charming neighborhood of Erin Woods. This property offers an array of features that cater to both comfort and style. As you step inside, you are greeted by a spacious living room adorned with soaring vaulted ceilings that create an airy ambiance. The heart of the home lies in the impressively renovated kitchen, boasting stunning stone countertops and stainless steel appliances. The elegant tile backsplash adds a touch of sophistication, while the adjacent dining nook provides a cozy space for family gatherings or intimate dinners. Step outside onto the beautiful covered deck—an ideal spot for morning coffee or evening relaxation, surrounded by nature. The main floor hosts two generously sized bedrooms, including an impressive primary suite that serves as your personal retreat. With convenient access to a luxurious four-piece bathroom, this suite promises tranquility. Venture downstairs to discover the fully developed basement—a versatile space perfect for entertaining or accommodating guests. Featuring a welcoming family room, an additional bedroom, and another beautifully renovated bathroom, this level offers endless possibilities. For those with accessibility needs in mind, a chairlift has been thoughtfully installed but can be easily removed if desired. The basement also boasts its own separate entrance leading directly to the backyard. Step into your private outdoor oasis where fruit trees abound! Enjoy fresh apples from your very own apple trees or savor sweet pears as they ripen on your pear trees—perfect for garden enthusiasts! Grape vines add charm. A handy shed provides ample storage for gardening tools or outdoor equipment. This property is not just a house; it’s a lifestyle waiting to be embraced. Whether you're seeking space for family gatherings or looking for investment potential with its separate entrance and finished basement layout, this home has it all! More details
    Listed by RE/MAX iRealty Innovations
    DIANE RICHARDSON
  • 46 Applemead Close SE in Calgary: Applewood Park Detached for sale : MLS®# A2239917

    46 Applemead Close SE Applewood Park Calgary T2A 7S6
    Main Photo: 46 Applemead Close SE in Calgary: Applewood Park Detached for sale : MLS®# A2239917
    $499,000
    Residential
    Status:
    Active
    MLS® Num:
    A2239917
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    928 sq. ft.
    Welcome to the heart of Applewood Park, a family-friendly neighbourhood in Southeast Calgary. Step inside the spacious entryway leading to the upper level where large south-facing windows allow natural sunlight to brighten the open floor plan. The kitchen boasts ample cabinetry and counter space, perfect for cooking big family meals and entertaining friends. Privacy and relaxation await you in the primary bedroom complete with its own 3-piece ensuite, separate from an additional bedroom and full bathroom that complete the main floor. The fully finished lower level offers more living space for a home gym, play room, home office, or media room, with another full bathroom and bedroom for family and guests. The walk-up basement gives quick access to a low-maintenance concrete patio in the fully fenced backyard. Gather ‘round a fire and toast marshmallows with the kids on a warm summer evening having peace of mind knowing your toys are safely parked in the detached double garage. Enjoy a short, peaceful stroll to Applewood Recreation Park, where open green space, a playground, various sport courts, and a boarded NHL-sized outdoor rink, bring the local community together. Other nearby amenities include walking/biking paths, Costco in East Hills Shopping Centre, and Elliston Park, where the annual GlobalFest fireworks show is hosted every August. Being located beside Stoney Trail and Memorial Drive, the vibrant city of Calgary has never felt so accessible! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 51 Hunterhorn Crescent NE in Calgary: Huntington Hills Detached for sale : MLS®# A2238157

    51 Hunterhorn Crescent NE Huntington Hills Calgary T2K 6J3
    Main Photo: 51 Hunterhorn Crescent NE in Calgary: Huntington Hills Detached for sale : MLS®# A2238157
    $499,800
    Residential
    Status:
    Active
    MLS® Num:
    A2238157
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    930 sq. ft.
    Charming Walkout Bi-Level in Prime Location! Welcome to this beautifully maintained fully finished walkout bi-level, perfectly situated in close proximity to Deerfoot Mall, schools, public transit, Deerfoot Trail, and the airport — combining convenience with comfort! Step inside and be greeted by an abundance of natural sunlight throughout. The main level features a bright and spacious kitchen, a welcoming dining area, a cozy living room, a second bedroom, a full bathroom, and a generous primary bedroom complete with a large closet and a private 2-piece ensuite. Enjoy tranquil views of the lush green space from the primary bedroom and easy access to the deck, which has a stairway leading down to the beautifully treed backyard — perfect for relaxing or entertaining. The fully developed walkout basement offers excellent versatility with an additional bedroom, a full 4-piece bath, and a spacious living area . You’ll also find a large laundry/storage room for all your organizational needs. Outside, the landscaped yard provides plenty of space to enjoy the outdoors, plus a gravel pad beside the driveway for convenient extra parking. If you’re looking for a bright, spacious, move-in ready, affordable home in a fantastic location, this property truly has it all — come see for yourself, you’ll love what you find! More details
    Listed by MaxWell Capital Realty
    DIANE RICHARDSON
  • 6412 54 Street in Calgary: Castleridge Detached for sale : MLS®# A2217362

    6412 54 Street Castleridge Calgary T3J 1Z5
    Main Photo: 6412 54 Street in Calgary: Castleridge Detached for sale : MLS®# A2217362
    $499,900
    Residential
    Status:
    Active
    MLS® Num:
    A2217362
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,141 sq. ft.
    What a Amazing Detached HOME Located in the neighbourhood of CASTLERIDGE , this charming house offers an ideal setting for families seeking comfort and space. Welcome to your wonderful, freshly painted new 3 bedroom home In CASTLERIDGE! Upstairs you will find 3 bedrooms and a 1 FULL WASHROOM. MAIN FLOOR HAS KITCHEN ;NOOK AND HALF WASHROOM N LAUNDRY. BASEMENT illegal STUDIO SUITE WHICH comes WITH KITCHEN ;FULL WASHROOM; SEPARATE LAUNDRY N SEPARATE ENTRANCE. Both floors are rented .There IS OVERSIZED SINGLE detached CAR garage is like cherry on cake THERE IS SEPARATE PARKING PAD IS APART FROM THE GARAGE IS AVAILABLE FOR RV'S.This home is perfect for your growing family or for your roommates! The main floor is open concept comes with entrance open to below and features a large, lovely living room and kitchen with upgrades including white cabinets . The large backyard is ideal for a family to have room to grow and play with a gorgeous mature evergreen tree beside the new over sized deck. The roof and siding are newer .This home is located on a quiet street. Located just steps away from major amenities and nearby some great shopping. Great value on this real estate investment that is move in ready for your family or your tenants. Outside, the property features a spacious backyard, perfect for outdoor activities and summer barbecues. Children and pets alike will love the freedom to roam and play in this secure outdoor space. Conveniently located NEXT TO JOHN PAUL schools AND NEAR TO parks, shopping, and dining options, this home offers the perfect balance of tranquility and accessibility. With its welcoming atmosphere and functional design, it's the ideal place for a growing family to call this property home. Book your showing Today!!! More details
    Listed by PREP Realty
    DIANE RICHARDSON
  • 632 55 Street SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2242804

    632 55 Street SE Penbrooke Meadows Calgary T2A 3R6
    Main Photo: 632 55 Street SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2242804
    $500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2242804
    Bedrooms:
    7
    Bathrooms:
    3
    Floor Area:
    1,188 sq. ft.
    Investor Alert & Family Gem – Live In, Rent Out, or Flip! At $500,000, this home offers strong value compared to renovated homes in Penbrooke Meadows that have recently sold for around $650,000. Welcome to 632 55 St SE—a spacious 7-bedroom home offering exceptional income potential and redevelopment upside. Whether you're looking to build long-term wealth through rental cash flow or flip and resell for high profit, this is the kind of opportunity investors dream of. The main floor features a bright, open-concept layout with 3 bedrooms and 2 full bathrooms—ideal for family living or attracting quality tenants. Large windows let the sunlight pour in, creating a warm, inviting space that flows effortlessly from room to room. The fully finished basement includes a 3-bedroom illegal suite with a separate entrance, previously rented for $1,800/month—a proven income generator. The converted garage adds even more value as a 7th bedroom with a private entrance, also previously rented for $800/month. Prefer a garage instead? It can easily be converted back to a single attached garage. While many major upgrades have already been taken care of, a little TLC will go a long way—perfect for those looking to add value and boost returns. Recent Upgrades Include: Electrical wiring upgraded to Copper (City-inspected and approved), New electrical meter (City-inspected and approved), All new LED lighting throughout, Six windows replaced in the last 1–2 years, Ceramic & luxury vinyl plank flooring (installed approx. 1–2 years ago), Roof replaced approx. 4–5 years ago. Zoned R-CG = Even More Potential!! This highly flexible zoning allows for future development, legal suites, or increased density—ideal for forward-thinking investors. The sunny yard, mature trees, and Back Lane Access provide space to Build a Brand-New Double Detached Garage to further boost property value. Prime Location Situated close to schools, parks, shopping (Penbrooke Plaza), and offering fast access to 17th Ave, Memorial Drive, Stoney Trail, and Deerfoot Trail, this home is perfectly positioned to attract reliable tenants and maximize rental demand. Highlights: 7 total bedrooms, Fully separate basement suite, Converted garage = bonus income or easy garage conversion, Updated major systems: electrical, roof, flooring, windows, Zoned R-CG for redevelopment and expansion, Proven rental income + strong cash flow potential, Perfect for flipping or long-term holding. Whether you want to cash flow from day one, renovate and resell, or redevelop for greater upside, this property has the bones, location, and numbers to make it work. Don’t wait—book your private showing today and unlock the potential of 632 55 St SE! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 104 Falshire Close NE in Calgary: Falconridge Detached for sale : MLS®# A2215131

    104 Falshire Close NE Falconridge Calgary T3J 3A7
    Main Photo: 104 Falshire Close NE in Calgary: Falconridge Detached for sale : MLS®# A2215131
    $510,000
    Residential
    Status:
    Active
    MLS® Num:
    A2215131
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    978 sq. ft.
    RENOVATED BI LEVEL WITH 2+2 BEDROOMS AND 2 FULL BATHS. MAIN LEVEL LIVING ROOM AND KITCHEN WITH VAULTED CEILING. NEWER OAK KITCHEN CABINETS WITH TEMPERED GLASS.TILE FLOORING.MAIN LEVEL HAS DEN ASWEL. MAIN LEVEL BATH WITH JETTED TUB.FULLY FINISHED BASEMENT WITH 2 BEDROOM ILLEGAL SUITE WITH SEPARATE WALK UP ENTRANCE AND SEPARATE LAUNDRY UP AND DOWN.DOUBLE HEATED GARAGE.BASEMENT LIVING ROOM WITH STONE FACED FIRE PLACE.HOT WATER TANK AND FURNACE HAS BEEN REPLACED OVER THE LAST FEW YEARS.CLOSE TO ALL LEVELS OF SCHOOLS,SHOPPING AND THE BUS ROUTE,CLOSE TO SIKH TEMPLE. VERY EASY TO SHOW.SHOWS VERY WELL. VERY GOOD FOR FIRST TIME BUYERS OR INVESTMENT.NEWER WINDOWS IN 2005. More details
    Listed by Royal LePage METRO
    DIANE RICHARDSON
  • 123 Castleglen Road NE in Calgary: Castleridge Detached for sale : MLS®# A2239173

    123 Castleglen Road NE Castleridge Calgary T3J 1P2
    Main Photo: 123 Castleglen Road NE in Calgary: Castleridge Detached for sale : MLS®# A2239173
    $523,900
    Residential
    Status:
    Active
    MLS® Num:
    A2239173
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    934 sq. ft.
    Welcome to this 4-level split detached home, perfectly situated in the family friendly community of Castleridge! This property is ideal for FIRST TIME HOMEBUYERS, offering a fantastic opportunity to offset your mortgage with a 1-bedroom illegal basement suite, complete with its own separate entrance. Step inside and discover a functional layout across four levels, providing ample space for comfortable living. The main floor features a bright living area, while upper level offer spacious bedrooms and a bathroom. Enjoy the convenience of being just steps away from shopping centers, playgrounds, and schools, making daily errands and family outings a breeze. With its prime location and MORTGAGE HELPER potential, this home truly presents an incredible value. Don't miss out on this excellent opportunity to enter the housing market. More details
    Listed by URBAN-REALTY.ca
    DIANE RICHARDSON
  • 244 Templewood Road NE in Calgary: Temple Detached for sale : MLS®# A2222031

    244 Templewood Road NE Temple Calgary T1Y 4H1
    Main Photo: 244 Templewood Road NE in Calgary: Temple Detached for sale : MLS®# A2222031
    $525,000
    Residential
    Status:
    Active
    MLS® Num:
    A2222031
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,474 sq. ft.
     Welcome to this beautiful, spacious 2-storey family home in the heart of Temple. It has been nicely renovated, featuring vinyl flooring, updated lighting on the main level, newer windows, and a new furnace installed in 2024 with a transferable warranty. The home also includes newer Stainless steel appliances and the bathrooms have been updated with low-flow toilets. As you enter, you'll be greeted by a large dining room and a family-sized eat-in kitchen that offers plenty of counter space, maple cabinetry, and plenty of storage throughout. The living room is warm and inviting, complete with a wood-burning fireplace, the perfect cozy spot for special family gatherings during the holidays. The spacious primary bedroom upstairs features his and her double closets and a stunning three-piece ensuite bathroom with a tile and glass shower. The two additional bedrooms are spacious and painted in contemporary colours. The downstairs features a separate walk-up entrance and a finished basement with versatile potential for a growing family or rental. It also has a staircase to the main floor. Outside, you'll notice the poured concrete sidewalks leading to a good-sized deck and a double-car garage with a good-sized backyard—close to schools, easy access to Stoney Trail, and all your favourite amenities. More details
    Listed by RE/MAX Real Estate (Mountain View)
    DIANE RICHARDSON
  • 635 Penbrooke Road SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2216881

    635 Penbrooke Road SE Penbrooke Meadows Calgary T2A 3S9
    Main Photo: 635 Penbrooke Road SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2216881
    $525,000
    Residential
    Status:
    Active
    MLS® Num:
    A2216881
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,172 sq. ft.
    Pride of ownership shines in this original-owner home built by Cedarglen Homes. Nestled on a quiet street with welcoming neighbors, this solidly built 4-bedroom, 2-bathroom home is ideal for growing families or those seeking a move-in-ready property with lasting value. Step inside to find a newer kitchen, updated windows, shingles, siding, hot water tank, and furnace—big-ticket items already taken care of! Solidly built (fir labeled floorboards seen from underneath) and constructed. Enjoy the convenience of RV parking, easy access to Stoney Trail and Calgary International Airport, and a prime location just 10 minutes from Chestermere’s public beach. Daily errands are a breeze with Costco and other major shopping nearby. Families will love the short walk to the local school and the added bonus of being near a primary bus route. And let’s not forget the unbeatable perk—living just steps from the legendary Atlas Pizza. Yes, your dream of pizza nights made easy is real! Don’t miss your chance to own a well-loved and updated home where your family can tap into the potential of a large lot, separate entrance and new zoning! Book your showing today! More details
    Listed by Century 21 Bravo Realty
    DIANE RICHARDSON
  • 93 Martin Crossing Way NE in Calgary: Martindale Detached for sale : MLS®# A2240675

    93 Martin Crossing Way NE Martindale Calgary T3J 3V3
    Main Photo: 93 Martin Crossing Way NE in Calgary: Martindale Detached for sale : MLS®# A2240675
    $529,999
    Residential
    Status:
    Active
    MLS® Num:
    A2240675
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,454 sq. ft.
    ** Brand New Hardie Board Siding ** 4 Level Split | 3 Bedrooms | 11 Foot Vaulted Ceilings | Open Floor Plan | Large Windows | Incredible Living Space | Stainless Steel Appliances | Gas Stove | Recessed Lighting | Ceiling Fans | Central Air Conditioning | Fresh Paint | New Carpet in 2 Bedrooms | New Linoleum | Basement Laundry | Fully Fenced Backyard | Double Detached Heated Garage | Rear Lane | Additional Street Parking | Close to All Amenities. Welcome to your gorgeous family home nestled in the heart of Martindale NE. The upgraded exterior has brand new hardie board siding which is hail, fire & storm resistant with a 30+ year life span. The upgrades don't end here; inside you'll find fresh paint, new linoleum in the kitchen and bathrooms, fresh carpet in 2 of the bedrooms, stainless steel appliances, a gas stove and central air conditioning! The front door opens to a foyer with closet storage and 3 steps up to the main level. The main level has an open floor plan with 11Ft vaulted ceilings and large windows that emphasize your space. The open concept living encourages a social atmosphere in this home when you are hosting your family dinners and holiday parties. The kitchen is outfitted with a gas stove, stainless steel appliances and ample cabinet storage. The dining room is centred with a ceiling fan great for airflow. Upstairs holds 3 great sized bedrooms and a 4pc bath. The primary bedroom has a walk-through closet with a cheater door to the 4pc bath. The 4pc bath has a tub/shower combo and single vanity with storage below. Downstairs, the walk-out lower level is built for comfort! The spacious family room has a corner gas adding warmth and comfort to this space. Head outside here to a patio perfect for BBQing. This also provides you access to the double detached garage. The lowest basement level holds a 2pc bath, the laundry room, utility room and great storage space. The heated double detached garage with rear lane access provides you with parking for 2 vehicles year round. Additional street parking is also readily available at the front of the home. The location here can't be beat; close to transit, parks, playgrounds and all amenities - this home has everything within minutes! Hurry and book your showing today! More details
    Listed by RE/MAX Crown
    DIANE RICHARDSON
  • 211 31 Avenue NE in Calgary: Tuxedo Park Detached for sale : MLS®# A2237048

    211 31 Avenue NE Tuxedo Park Calgary T2E 2G1
    Main Photo: 211 31 Avenue NE in Calgary: Tuxedo Park Detached for sale : MLS®# A2237048
    $530,000
    Residential
    Status:
    Active
    MLS® Num:
    A2237048
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    676 sq. ft.
    INVESTOR ALERT! Beautiful bungalow nestled in Tuxedo Park. This well-maintained bungalow is situated on a spacious 4508 sqft rectangular lot. With 3 bedrooms and 2 full bathrooms, this home features two separate living units (illegal suite), one on each level. Recent upgrades include two new furnaces and two hot water tanks 2020, basement bathroom and kitchen 2020, new exterior upper unit front and back staircases, new roof 2018. The upper level has two separate private entrances (front and back), newer kitchen cabinets and backsplash, bright main floor has a functional layout with large living area, kitchen with eating nook, 2 spacious bedrooms, and a 4pc bath. The large windows allow for plenty of natural light. The illegal BASEMENT SUITE has two separate private entrances (front and back walk-up to grade), also boasts a sizable living area, large windows throughout allowing ample natural light, a spacious bedroom, upgraded bathroom and kitchen with eating nook. Laundry room has a separate entrance for each unit (upper unit exterior entrance in back), and separate unit connections for washer/dryer, there are also separate utility meters for each unit. The large south facing fenced backyard provides plenty of recreation space, a concrete patio, two large storage sheds providing plenty of storage, and parking stalls (2-4 depending on size of vehicles). Steps from parks, Tuxedo Corner Playground, Balmoral Circus Park, Tuxedo Park Community Association, greenspaces, retail shopping, Safeway, restaurants, The Italian Supermarket, Peter’s Drive-in, and City transit. This incredible opportunity won’t last, schedule your viewing today! More details
    Listed by CIR Realty
    DIANE RICHARDSON
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