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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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!

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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!

HOMES FOR SALE IN SOUTH HILL RED DEER

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, townhomes & condos 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
    Main Photo: 702 4719 33 Street in Red Deer: South Hill Row/Townhouse for sale : MLS®# A2275933
    $149,900
    Residential
    Status:
    Active
    MLS® Num:
    A2275933
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    1,105 sq. ft.
    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 details
    Listed by Real Broker
    DIANE RICHARDSON
  • 502 4719 33 Street in Red Deer: South Hill Row/Townhouse for sale : MLS®# A2272558

    502 4719 33 Street South Hill Red Deer T4N 0N7
    Main Photo: 502 4719 33 Street in Red Deer: South Hill Row/Townhouse for sale : MLS®# A2272558
    $159,900
    Residential
    Status:
    Active
    MLS® Num:
    A2272558
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    987 sq. ft.
    This Affordable Townhouse is in excellent condition and is the Perfect Starter Home or Investment Property!!! Newly Painted and very well cared for! Kitchen with Stainless Steel Appliances, 2 large bedrooms and lots of storage! The location cannot be beat with close proximity to Red Deer Polytechnic, Kin Canyon Park, Bike Paths, Shopping and Restaurants! The Condo Association is very Strong - making this the perfect Investment or Starter Home or Home for the University Kids!!! With a down payment of $7,995 the mortgage payments would be approximately $800/month!!! Low Condo Fee's and Maintenance free lifestyle! More details
    Listed by Realty Executives Alberta Elite
    DIANE RICHARDSON
  • 202 4719 33 Street in Red Deer: South Hill Row/Townhouse for sale : MLS®# A2271317

    202 4719 33 Street South Hill Red Deer T4N 0N5
    Main Photo: 202 4719 33 Street in Red Deer: South Hill Row/Townhouse for sale : MLS®# A2271317
    $159,999
    Residential
    Status:
    Active
    MLS® Num:
    A2271317
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    1,003 sq. ft.
    Welcome to this bright and inviting 3 bedroom, 1 bath townhouse located just steps away from Kin Canyon. Perfectly situated for nature lovers and outdoor enthusiasts, this home offers comfort, convenience and excellant value. The main floor features a spacious living room, a dedicated dining area, and a functional kitchen - all designed for easy everyday living and entertaining. Upstairs, you'll find a large master bedroom plus two more niced sized bedrooms and a 4-piece bathroom. Off of the one bedroom you will find access to the north facing balcony. The basement offers even more versatility with a partially finished rec room, ideal for a home gym, playroom or cozy media space. There is also a lauadry room and ample storage. Wheather you're a first time homebuyer looking for an affordeable entry into the market or an investor seeking a reliable revenue property, this townhouse is a solid opportunity in a great location. Don't miss your chance to male this wonderful home yours. More details
    Listed by Coldwell Banker OnTrack Realty
    DIANE RICHARDSON
  • 306 4902 37 Street in Red Deer: South Hill Apartment for sale : MLS®# A2269289

    306 4902 37 Street South Hill Red Deer T4N 6M9
    Main Photo: 306 4902 37 Street in Red Deer: South Hill Apartment for sale : MLS®# A2269289
    $240,000
    Residential
    Status:
    Active
    MLS® Num:
    A2269289
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    850 sq. ft.
    Welcome to the sought-after Checkmate Building on Red Deer’s South Hill! This bright and spacious 2-bedroom, 1-bath condo is ideally situated on the 3rd floor and features a balcony that extends the full length of the unit—perfect for enjoying morning coffee or evening sunsets. Step inside to the large entry way which then opens up to the living and kitchen area. The kitchen offers a large island with beautiful marble counters, plenty of oak cabinetry, and ample workspace for cooking and entertaining. Both bedrooms are generously sized and include built-in shelving in the closets for added convenience. Residents of the Checkmate Building enjoy fantastic amenities including a pool, exercise room, and social room—perfect for relaxation and recreation year-round. Stay comfortable with air conditioning throughout the building, and take advantage of the prime location within walking distance to shopping, restaurants, and all amenities. More details
    Listed by Century 21 Maximum
    DIANE RICHARDSON
  • 311 3730 50 Avenue in Red Deer: South Hill Apartment for sale : MLS®# A2275075

    311 3730 50 Avenue South Hill Red Deer T4N 3Y8
    Main Photo: 311 3730 50 Avenue in Red Deer: South Hill Apartment for sale : MLS®# A2275075
    $249,900
    Residential
    Status:
    Active
    MLS® Num:
    A2275075
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    868 sq. ft.
    Welcome to this updated top-floor condo in Red Deer’s South Hill neighbourhood, offering approximately 865 sq ft of functional living space. This 2-bedroom, 1-bath unit combines modern finishes with an exceptionally convenient central location. Situated immediately off Gaetz Avenue and just two blocks from the Red Deer Regional Hospital, the property offers quick access to downtown, shopping, restaurants, public transit, and trail systems—well suited for professionals, healthcare workers, or investors. The interior features luxury vinyl plank flooring, contemporary paint tones, finished baseboards, and updated lighting. The open-concept kitchen includes quartz countertops, upgraded cabinetry, tile accents, an eating bar, and stainless steel appliances, flowing into the living room with an electric fireplace and access to the balcony. Both bedrooms are well sized, and the renovated bathroom includes a fully tiled tub/shower surround, a modern vanity, and updated fixtures. Additional features include in-unit laundry, elevator access, secure entry, and a titled underground parking stall. Condo fees cover heat, water, and common area maintenance. More details
    Listed by RE/MAX real estate central alberta
    DIANE RICHARDSON
  • 411 5110 36 Street in Red Deer: South Hill Apartment for sale : MLS®# A2270628

    411 5110 36 Street South Hill Red Deer T4N 0T2
    Main Photo: 411 5110 36 Street in Red Deer: South Hill Apartment for sale : MLS®# A2270628
    $310,000
    Residential
    Status:
    Active
    MLS® Num:
    A2270628
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    932 sq. ft.
    This Brava unit is one of the very few homes that was purchased at the build stage, giving the original owners the ability to customize it specifically for long term accessible living. On the 4th floor you get 10’ ceilings(!), the larger window package unique to the top level, 7’ doors, and an east facing deck with a gas hookup. The kitchen was upgraded at construction with roughly $20,000 in improvements, including maple Westridge cabinetry, a granite island, automatic lighting, durable laminate counters, and many drawers. The primary suite was intentionally designed for mobility and comfort, complete with a walk-in shower, dual vanities, and a heavy duty comfort height American Standard toilet; need a comfortable tub? Find the 6' tub in the main 4pc bathroom. Bamboo flooring, centralized A/C, and the energy efficient fan coil system keep the home easy to live in. The building adds meaningful convenience with a theatre room, games room, full fitness room, rooftop terrace, heated underground parking, and clean, contemporary common areas. Additional parking on the north side of the building - parking pass included. No doubt you'll find that this home was planned properly from the very beginning, with accessibility built in rather than added later - no DIY work, no retrofits needed. No pet home! If you’re looking for a place already set up for ease, safety, and day to day comfort for you or your family members, this is one of the best opportunities where the important work is already done. More details
    Listed by Real Broker
    DIANE RICHARDSON
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Data was last updated January 14, 2026 at 10:05 AM (UTC)
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