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

202 235 Lebel Crescent NW
University District Calgary T3B 6L5

$849,900
Residential beds: 2 baths: 2.0 1,233 sq. ft. built: 2021

Main Photo: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Photo 1: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Photo 2: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Photo 3: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Photo 4: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Photo 5: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Photo 6: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Photo 7: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Photo 8: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Photo 9: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Photo 10: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Photo 11: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Photo 12: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Photo 13: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Photo 14: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Photo 15: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Photo 16: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Photo 17: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Photo 18: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Photo 19: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Photo 20: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Photo 21: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Photo 22: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2224440
Bedrooms:
2
Bathrooms:
2
Year Built:
2021
Welcome to a lifestyle of sophistication and ease at Capella in University District—where upscale design meets the energy of one of Calgary’s most vibrant, walkable neighborhoods. This two-bedroom plus den, two-bathroom residence offers not just a home, but a way of life—complete with a private attached garage, rare in inner-city living. Step inside and be greeted by a stunning open-concept layout, elevated by soaring 10-foot ceilings and oversized windows that bathe the space in natural light. The heart of the home is the gourmet kitchen, a dream for any home chef. Outfitted with sleek stainless steel appliances, a gas cooktop, quartz countertops, and an expansive island, it’s made for both everyday cooking and effortless entertaining. Tucked away for privacy, the primary retreat is a calming sanctuary. It features a spacious walk-in closet and a luxurious five-piece ensuite, complete with dual vanities, quartz counters, and a deep soaker tub—perfect for unwinding after a long day. The second bedroom offers comfort and flexibility for guests or family, paired with its own elegant four-piece bathroom. Whether you're working from home or need a creative space, the versatile den provides the ideal solution—bright, quiet, and adaptable to your lifestyle needs. Capella’s intimate collection of just eight single-level residences ensures peace, privacy, and exclusivity. Step outside to your own private balcony, where you can sip morning coffee or enjoy summer evenings in the fresh air. The attached garage offers both convenience and security, with space for your vehicle and all your gear—whether that’s skis, bikes, or storage bins. Location is everything, and this one delivers. Just steps from the University of Calgary, Alberta Children’s Hospital, parks, and a host of boutique shops, cafés, and restaurants, this home is at the heart of it all. Plus, with quick access to downtown, Winsport, and the mountains, adventure is always within reach.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Apartment-Single Level Unit
Total Living Area:
1,233.3 sq. ft.
Condo Fee:
$617.00
Condo Fee Includes:
Amenities of HOA/Condo, Heat, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Front Exposure:
East
Unit Exposure:
East
Floor Location:
Other
Entry Level:
1
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
6
Year built:
2021 (Age: 4)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
2011854
Heating:
Central, Natural Gas
New Constr.:
No
Construction Material:
Brick, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Ensuite:
Yes
Flooring:
Ceramic Tile, Hardwood
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Electric
Garage:
Yes
Garage Spaces:
1
Parking:
Single Garage Attached
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Capella
University District
Elevator(s), Fitness Center, Parking
Dishwasher, Garage Control(s), Gas Cooktop, Microwave, Oven, Range Hood, Refrigerator, Washer/Dryer, Window Coverings
NA
Condo/Strata Approval
Restrictions
Floor
Type
Size
Other
Main Floor
Entrance
6'1" × 4'10"
Main Floor
Kitchen
19'1" × 8'11"
Main Floor
Dining Room
15'9" × 10'
Main Floor
Living Room
15'9" × 15'4"
Main Floor
Bedroom - Primary
13'4" × 12'1"
Main Floor
Walk-In Closet
5' × 4'9"
Main Floor
Bedroom
10'3" × 10'
Main Floor
Laundry
5'5" × 3'2"
Main Floor
Office
9' × 5'11"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
5
110'5" x 7'10"
Main Floor
No
5
10'5" x 7'1"
Title to Land:
Leasehold
Community Features:
Clubhouse, Playground, Schools Nearby, Shopping Nearby, Street Lights
Interior Features:
Double Vanity, High Ceilings, Kitchen Island, No Smoking Home, Open Floorplan, Stone Counters, Walk-In Closet(s)
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
M-2
Listed Date:
May 30, 2025
  • Photo 1: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
    Photo 1 of 22
  • Photo 2: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
    Photo 2 of 22
  • Photo 3: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
    Photo 3 of 22
  • Photo 4: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
    Photo 4 of 22
  • Photo 5: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
    Photo 5 of 22
  • Photo 6: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
    Photo 6 of 22
  • Photo 7: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
    Photo 7 of 22
  • Photo 8: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
    Photo 8 of 22
  • Photo 9: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
    MASTER BED
  • Photo 10: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
    WALK IN CLOSET
  • Photo 11: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
    MASTER SHOWER
  • Photo 12: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
    MASTER BATH
  • Photo 13: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
    MASTER ENSUITE
  • Photo 14: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
    MASTER ENSUITE
  • Photo 15: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
    DEN OFFICE
  • Photo 16: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
    DEN - OFFICE
  • Photo 17: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
    BEDROOM 2
  • Photo 18: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
    BATHROOM 2
  • Photo 19: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
    Photo 19 of 22
  • Photo 20: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
    LAUNDRY
  • Photo 21: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
    Photo 21 of 22
  • Photo 22: 202 235 Lebel Crescent NW in Calgary: University District Apartment for sale : MLS®# A2224440
    Photo 22 of 22
Listed by Real Estate Professionals Inc.
Data was last updated August 8, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
31
Avg list price:
$449,900
Min list price:
$319,000
Max list price:
$1,439,900
Avg days on market:
66
Min days on market:
1
Max days on market:
147
Avg price per sq.ft.:
$663.72
These statistics are generated based on the current listing's property type and located in University District. Average values are derived using median calculations. This data is not produced by the MLS® system.
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.