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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Homes for Sale in Arbour Lake NW Calgary $500,000-$600,000

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  • 125 Arbour Lake Court NW in Calgary: Arbour Lake Row/Townhouse for sale : MLS®# A2227113

    125 Arbour Lake Court NW Arbour Lake Calgary T3G 2L4
    Main Photo: 125 Arbour Lake Court NW in Calgary: Arbour Lake Row/Townhouse for sale : MLS®# A2227113
    $525,749.70
    Residential
    Status:
    Active
    MLS® Num:
    A2227113
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,155 sq. ft.
    Welcome to your dream home! This beautiful two-bedroom condo, backing onto serene green space, offers a perfect blend of comfort and style. With every detail thoughtfully curated. Enter the home to find a quaint flex space and foyer. Up a short flight of stairs to the main floor which features a living room, dining area, and kitchen area complemented by a half bath. Oversized windows on every level provide abundant natural light and stunning views. The upper floor includes convenient laundry and offers an additional flex space, which can be converted into a full washroom if you choose. The single-car attached garage boasts an oversized overhead door. The home includes rough-in gas line for a BBQ, roughed-in air conditioning, and luxury finishes like vinyl plank flooring, quartz countertops, and your choice of Linen or Slate color palettes. With three floors of above-ground living space, this condo is a must-see! Contact us today to make it yours! ( PLEASE note* photos are of similar models but there are not an exact replication of the home) More details
    Listed by KIC Realty
    DIANE RICHARDSON
  • 372 Arbour Grove Close NW in Calgary: Arbour Lake Detached for sale : MLS®# A2247695

    372 Arbour Grove Close NW Arbour Lake Calgary T3G 4J1
    Main Photo: 372 Arbour Grove Close NW in Calgary: Arbour Lake Detached for sale : MLS®# A2247695
    $549,000
    Residential
    Status:
    Active
    MLS® Num:
    A2247695
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,146 sq. ft.
    Extensively upgraded and move-in ready! This beautifully maintained home is located on a quiet street in a sought-after lake community, offering nearly 1,663 sq ft of developed living space with 3 bedrooms upstairs and a versatile room in the basement. ? Significant upgrades include: • Poly B replaced (2022) • Central air conditioning added (2022) • New hot water tank (2024) • New concrete walkway and rear parking pad (2022) • Underground irrigation system (2022) • Over the years, the home has also seen thoughtful improvements such as updated vinyl plank flooring on both main and basement levels (with insulated subfloor), new baseboards and trims, modernized lighting, and refreshed bathrooms • The kitchen has been tastefully renovated with quartz countertops, backsplash, updated cabinet doors, sink, faucet, and newer appliances • The fireplace was redesigned to add warmth and style to the main living space • Outside, both the front and back decks feature durable composite boards with aluminum railings, and the roof, soffits, fascia, and downspouts have been updated as well The main floor is bright and inviting, thanks to oversized newer windows that bring in abundant natural light. The open-concept layout flows effortlessly from the living room to the kitchen and dining area — perfect for both everyday living and entertaining. The landscaped yard offers privacy, beauty, and a low-maintenance outdoor space for relaxation and gatherings. ??Great location: steps to transit, walking distance to the C-Train, and close to schools, parks, and major roadways including Stoney Trail. More details
    Listed by Top Producer Realty and Property Management
    DIANE RICHARDSON
  • 911 Arbour Lake Road NW in Calgary: Arbour Lake Detached for sale : MLS®# A2247480

    911 Arbour Lake Road NW Arbour Lake Calgary T3G 4Z9
    Main Photo: 911 Arbour Lake Road NW in Calgary: Arbour Lake Detached for sale : MLS®# A2247480
    $589,000
    Residential
    Status:
    Active
    MLS® Num:
    A2247480
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,198 sq. ft.
    Welcome to unbeatable value in Arbour Lake! This 3-bedroom home offers the big-ticket peace of mind first-time buyers dream of. With newer: Roof (2022), Furnace (2018), Water heater (2016), fresh paint on the main level and more — so you can skip the stress and focus on personalizing the space to truly make it your own. Step inside to a bright main floor with laminated floors and a refreshed kitchen featuring a large pantry, tons of storage, and a layout that just works. Upstairs, you'll find three generous bedrooms and a full bath with Jack'n'Jill doors. The lower level adds serious bonus space — perfect for cozy movie nights, a home office, or future development. RV parking, oversized shed, and a private backyard ready for your dream garden, summer BBQs, or even a future garage. Move-in ready and immediate possession is available. This affordable home is close to everything: the YMCA, the public and separate schools, library, shopping, the LRT station and a 10-minute walk to the lake. Enjoy lake privileges and year-round lake access for swimming, fishing, boating, skating, concession, community events and much more. Easy commute to University of Calgary and downtown! This house won't last long, so book your viewing right now! More details
    Listed by Grand Realty
    DIANE RICHARDSON
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Data was last updated August 17, 2025 at 04:05 PM (UTC)
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.