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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  • 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
  • 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
  • 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
  • 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
  • 56 Falmead Road NE in Calgary: Falconridge Detached for sale : MLS®# A2244446

    56 Falmead Road NE Falconridge Calgary T3J 1G8
    Main Photo: 56 Falmead Road NE in Calgary: Falconridge Detached for sale : MLS®# A2244446
    $500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2244446
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    863 sq. ft.
    Investor Alert & First-Time Buyer Gem! Welcome to 56 Falmead Road NE — a beautifully renovated 4-bedroom bi-level home in the heart of Falconridge, one of Calgary’s most vibrant and family-friendly communities. Whether you're entering the market or expanding your portfolio, this turnkey property offers unbeatable value and versatility. The main level welcomes you with a bright, open-concept living space featuring knockdown ceilings, pot lights, and large windows that flood the home with natural light. The updated kitchen is a showstopper with quartz countertops, stainless steel appliances, and soft-close cabinetry — combining style and functionality for everyday living. Enjoy the convenience of main floor laundry and three generous bedrooms, including a primary suite with direct access to a two-tiered backyard deck — the perfect spot for morning coffee or evening unwinding. Downstairs, the illegal 1-bedroom suite has its own separate entrance and includes a full kitchen, private laundry, a comfortable living room, a well-sized bedroom with walk-in closet, and a full bathroom. Whether you’re accommodating extended family or looking for rental income potential, this thoughtfully designed lower level is a major bonus. Key upgrades include: New roof (2022) Newer furnace and hot water tank (2018) Updated fascia and finishes throughout The fully fenced backyard offers plenty of space for kids, pets, or weekend barbecues, with a large deck and a storage shed for added convenience. Centrally located near schools, parks, shopping, and transit, this home puts everything you need within easy reach. Don’t miss your chance to own a stylish, income-generating home in one of NE Calgary’s most accessible neighborhoods. Book your private showing today! More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 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
  • 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
  • 25 Silverdale Place NW in Calgary: Silver Springs Semi Detached (Half Duplex) for sale : MLS®# A2245873

    25 Silverdale Place NW Silver Springs Calgary T3B 4C4
    Main Photo: 25 Silverdale Place NW in Calgary: Silver Springs Semi Detached (Half Duplex) for sale : MLS®# A2245873
    $500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2245873
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    979 sq. ft.
    PRICE REDUCED $25,000!! Your new home is a renovated, bright and spacious 3 bedroom (all on the main level), 2 full bath home located on a quiet and safe cul-de-sac in the sought-after community of Silver Springs. You will love the great curb appeal that features an underdrive and oversized (25' deep) garage, beautiful landscaping and balcony. Upon entering you will be in awe with the hardwood floor that flows through the main floor, vaulted knock-down ceiling, open floor plan, some newer windows and much more. The chef in you will notice the abundance of the rich, dark cabinetry, plenty of counter space, newer stainless steel appliances (3 years old) and pantry. The large dining room is a great place to gather with family and friends for gourmet meals and good conversation while the living room is perfect for relaxing and is highlighted by a patio door for easy access to the inviting balcony. Your growing family will appreciated the 3 generous sized bedrooms and the renovated bathroom. On the lower level you will find a huge family room/guest area (also perfect for teenagers) and another full bath for added convenience. The private, fully fenced, south facing yard is complete with a patio and a firepit which makes it truly the ultimate outdoor space. This amazing location is within walking distance of Bowmont Park, botanical gardens, swimming pool, parks, shopping, all other amenities, close to 3 schools and easy access to major thoroughfares. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 68 Applebrook Circle SE in Calgary: Applewood Park Detached for sale : MLS®# A2242639

    68 Applebrook Circle SE Applewood Park Calgary T2A 7T2
    Main Photo: 68 Applebrook Circle SE in Calgary: Applewood Park Detached for sale : MLS®# A2242639
    $500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2242639
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,274 sq. ft.
    **OPEN HOUSES - SAT Aug 2 & SUN Aug 3 12:00 pm - 3:00 pm** Move-in Ready in Abbeydale! This well-kept, vacant 2-storey home is tucked away on a quiet circle and offers great value with room to grow. Surrounded by mature trees in the front, you’ll love the large living room with hardwood floors and big windows that bring in tons of natural light. The rear kitchen is spacious and functional, complete with durable tile flooring, a stainless steel french-door fridge, and built-in cabinetry that flows into the dining area, perfect for family dinners or hosting friends. The dining room overlooks the sunny backyard, featuring a low-maintenance patio setup with garden beds ready for your summer plans. Upstairs, you’ll find 3 good sized bedrooms, all with hardwood floors and neutral paint. The finished basement offers even more space, with a large rec room, separate family room, full bathroom, and laundry. Updates include a new roof, new hot water tank, replaced Poly-B plumbing, and an oversized detached garage built in 2015 - a great spot for storage, hobbies, or a workshop. A solid home in an established neighbourhood with schools, parks, and easy access to major routes nearby. Quick possession is available, bring your furniture and move right in! More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 60 Dover Meadow Close SE in Calgary: Dover Detached for sale : MLS®# A2239277

    60 Dover Meadow Close SE Dover Calgary T2B 2E2
    Main Photo: 60 Dover Meadow Close SE in Calgary: Dover Detached for sale : MLS®# A2239277
    $500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2239277
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    966 sq. ft.
    Discover this well-maintained single-family home perfectly located near schools, parks, and all the essentials for family living. With a thoughtful layout and inviting atmosphere, this home offers comfort, space, and convenience. Inside, you'll find 2 bedrooms on the main floor and 2 additional bedrooms in the fully finished basement—ideal for growing families, guests, or a home office setup. The living spaces are warm and welcoming, perfect for both everyday living and entertaining. Step outside to your own backyard haven—an ideal space for relaxing, gardening, or hosting summer get-togethers. Whether you're looking for a quiet retreat or a place for kids to play, this outdoor space has it all. A double garage adds extra value, providing ample room for vehicles, storage, or workshop space. This home truly combines functionality with lifestyle in a family-friendly neighborhood. Don't miss your chance to own this wonderful home in a prime location—schedule your showing today! More details
    Listed by TREC The Real Estate Company
    DIANE RICHARDSON
  • 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916

    3122 42 Street SW Glenbrook Calgary T3E 3M3
    Main Photo: 3122 42 Street SW in Calgary: Glenbrook Semi Detached (Half Duplex) for sale : MLS®# A2234916
    $500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2234916
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    815 sq. ft.
    PRIME INVESTMENT OPPORTUNITY! Live up and rent down in this updated bungalow on a quiet street in the highly sought after community of Glenbrook. All the major updates have been done such as newer triple pane windows, high efficiency furnace, hot water tank, insulation, electrical panel, and even sewer line. As you enter the property you are greeted by the large living room with new carpet (hardwood underneath) and large picture window. Functional kitchen with white cabinetry and separate entrance out to the private backyard oasis with composite decking and custom designed rock firepit area. Great spot to hang out and enjoy long summer nights with friends. 2 good sized bedrooms and an updated 4-piece bathroom complete the main floor. Head down to the fully finished illegal basement suite with living room, full kitchen, bedroom and floor to ceiling tiled shower 3-piece bathroom. Common area/utility room with a newer Samsung front-loading washer and dryer. A rare oversized 24' long double detached garage with 9-foot ceilings, and 220V power with additional parking pad beside. Great for car enthusiasts with lots of parking options and shop space. This home is just steps from Richmond Road and within walking distance to AE Cross and Glenbrook School. Commuters will appreciate the easy access to Glenmore Trail via 37th Street and Stoney Trail via Sarcee Trail. The home’s unbeatable central location puts you just steps from Glenbrook Playground, Glenbrook School, Glamorgan Elementary—one of Alberta’s top-ranked TLC schools—and A.E. Cross School, with Calgary Christian Schools also nearby. Everyday essentials are within walking distance, including Calgary Co-op, Canadian Tire, Save-On-Foods, and more. Just minutes away, WestHills Towne Centre and Signal Hill Centre offer a variety of shops, restaurants, and entertainment options, including Signal Hill Library and Landmark Cinemas. Enjoy local favorites like Glamorgan Bakery and Richmond Pub or take advantage of nearby green spaces such as Glenbrook Off-Leash Park and WeaselHead Natural Area. With quick access to Richmond Road, Sarcee Trail, and Stoney Trail, as well as a short commute to Mount Royal University, this location is truly unmatched! More details
    Listed by Real Broker
    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
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