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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Get in Touch with Diane Richardson – Your Trusted Calgary Real Estate Professional

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Walkout basement homes for sale Calgary

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  • 128 ERIN MEADOW Way SE in Calgary: Erin Woods Detached for sale : MLS®# A2269575

    128 ERIN MEADOW Way SE Erin Woods Calgary T2B 3P7
    Main Photo: 128 ERIN MEADOW Way SE in Calgary: Erin Woods Detached for sale : MLS®# A2269575
    $435,000
    Residential
    Status:
    Active
    MLS® Num:
    A2269575
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    843 sq. ft.
    This is THE Home you were looking for: A place where life slows down, where laughter fills every corner, where memories are made. Whether it’s your very first home, a space to nurture your growing family, or a smart investment to secure your future, this beautifully cared-for bi-level in Erin Woods delivers it all. From the moment you arrive, you’ll feel it. From the moment you step inside, you’ll know it. This home has been cherished, upgraded with love, and is waiting for you to step in and thrive. What Makes It Truly Special: * Brand-new roof on both house and garage – start your story with total peace of mind * 360 Solar Guard windows flood every room with sunlight while keeping your home energy-smart and cool * Stylish back entrance door with built-in blinds – modern, secure, and inviting * Practical kitchen island and pantry – the heartbeat of daily meals and family gatherings * Two full bathrooms, one on each level – comfort and convenience for everyone * Two fridges & two hot water tanks – ideal for large families or income suite (illegal) possibilities * Modern basement windows – bright, safe, and polished * Huge basement bedroom (11’6” x 23’9”) that can be divided into two – create extra bedrooms, an office, or whatever your future needs * Cozy backyard firepit – imagine summer nights under the stars with friends and family * Freshly painted back deck – your private retreat for coffee mornings and evening wine * Detached single garage with alley access – secure parking or a workshop for your hobbies * No rear neighbors – just peace, privacy, and endless skies This is the Location You’ll Absolutely Love: Just 5 minutes to Erin Woods School – walk your kids to class with ease Only 12 minutes to East Calgary Twin Arena – perfect for young skaters and hockey stars Steps to restaurants and a convenience store – daily life made effortless Minutes from 17th Avenue’s vibrant energy and East Hills Shopping Centre (Walmart, Costco, and more!) Easy access to Deerfoot Trail, Stoney Trail, and transit – the entire city is at your fingertips This home isn’t just affordable—it’s brimming with income potential. With basement suite possibilities (subject to city approval), your investment could pay you back in more ways than one. 'Your Fresh Start is Here! This is your opportunity to live better, dream bigger, and build the future you deserve. More details
    Listed by RE/MAX Key
    DIANE RICHARDSON
  • 3283 Dover Ridge Drive SE in Calgary: Dover Detached for sale : MLS®# A2278584

    3283 Dover Ridge Drive SE Dover Calgary T2B 2A8
    Main Photo: 3283 Dover Ridge Drive SE in Calgary: Dover Detached for sale : MLS®# A2278584
    $459,000
    Residential
    Status:
    Active
    MLS® Num:
    A2278584
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    973 sq. ft.
    3283 Dover Ridge Drive, a fantastic opportunity in the heart of Dover! This newly renovated bungalow offers 5 bedrooms, 2 bathroom with a basement illegal suite making it ideal for first-time buyers with rental potential or extended family living. The house has been updated with new vinyl plank throughout the house. The main floor boats a spacious living room with brand new windows, a cozy fireplace. Kitchen is equipped with brand new stainless appliances, brand new kitchen window, quartz countertop and stone backsplash. 3 good sized bedrooms, a full washroom, and a new set of laundry for your family's convenience. Basement has been fully finished with a new separate side door, a second wood-burning fireplace in the living room, kitchen with stove, fridge and ample cabinetry, and another set of laundry. Two bedrooms are with brand new egress windows. Laundry and storage room complete the basement. Outside, the sunny, fully fenced backyard provides the perfect setting for summer barbecues, gardening, or creating your dream outdoor oasis. This charming home comes with an insulated double garage making parking easier or adding more storage for your usage. This house sits on a generous lot of nearly 4,000 sqft with close proximity to schools, parks and playgrounds. Bus stops are just a few steps from home. Easy transit options and quick access to major routes including 36 St, Deerfoot Trail. Lots of nearby amenities including shopping, restaurants and recreation centres. This property is a rare find, book your showing today before it's gone. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 144 Whitmire Road NE in Calgary: A-672 Detached for sale : MLS®# A2270446

    144 Whitmire Road NE A-672 Calgary T1Y 5Z3
    Main Photo: 144 Whitmire Road NE in Calgary: A-672 Detached for sale : MLS®# A2270446
    $464,900
    Residential
    Status:
    Active
    MLS® Num:
    A2270446
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    819 sq. ft.
    Can you believe you can own a single detached home for the price of a townhouse? Yes!!! this is your moment! This charming corner-lot. This home is bright, functional, and move-in ready, a rare mix of affordability, flexibility, and long-term value. Step inside to a sun-filled, west-facing family room that welcomes you with warmth and light. The open design makes it perfect for relaxing evenings or family gatherings. The third level features a spacious, versatile loft — perfect for a home office, gym, or cozy lounge. You’ll also find a comfortable bedroom, a full washroom, and a large storage area for added convenience. Enjoy the fully landscaped, fenced backyard, ideal for summer BBQs, playtime, or peaceful evenings under the stars. Investor Alert: The owner is open to staying as a tenant if the buyer agrees — meaning instant rental income from possession day! And let’s talk location — just steps from the LRT station, bus stops, TLC school, shopping centers, restaurants, playgrounds, soccer fields, and major routes like McKnight Boulevard and 36th Street. You’ll be right where everything happens, yet still have the space and comfort of a detached home. Don’t miss this one real property with real potential doesn’t come around often. Book your private viewing today and make it yours! More details
    Listed by URBAN-REALTY.ca
    DIANE RICHARDSON
  • 431 Queen Charlotte Drive SE in Calgary: A-250 Detached for sale : MLS®# A2268040

    431 Queen Charlotte Drive SE A-250 Calgary T2W 4H2
    Main Photo: 431 Queen Charlotte Drive SE in Calgary: A-250 Detached for sale : MLS®# A2268040
    $499,000
    Residential
    Status:
    Active
    MLS® Num:
    A2268040
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,173 sq. ft.
    Please note this home is a Judicial Listing, and the home will be sold "As is" "Where Is". This almost 1200 of total living space bungalow offers a large kitchen, dining room, and living room. Three bedrooms and a four-piece bathroom on the main floor. The basement includes a large living room, laundry area, storage space and a bathroom . Located close to schools, shopping, bike paths, walking paths,... More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 200 Van Horne Crescent NE in Calgary: A-605 Detached for sale : MLS®# A2275432

    200 Van Horne Crescent NE A-605 Calgary T2E 6H1
    Main Photo: 200 Van Horne Crescent NE in Calgary: A-605 Detached for sale : MLS®# A2275432
    $499,900
    Residential
    Status:
    Active
    MLS® Num:
    A2275432
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    923 sq. ft.
    Welcome to Vista Heights, a well-established inner-city community celebrated for its convenience, mature charm, and quick access to everything Calgary has to offer. This wonderful bi-level is tucked away on a quiet street, yet perfectly positioned with easy connections to Deerfoot Trail and 16th Avenue—making commutes and city adventures effortless. You’re just minutes to downtown, the Calgary Zoo, TELUS Spark Science Centre, SAIT, and Calgary International Airport, with transit, schools, and shopping all within walking distance. Proudly offered for the first time ever, this original-owner home has been lovingly maintained in its classic condition, with key updates already completed, including the furnace and hot water tank—a solid foundation for anyone looking to move in and enjoy, renovate over time, or customize to their taste. The main level features a cozy, welcoming living room, a spacious kitchen, a full 4-piece bathroom, and three well-sized bedrooms—an ideal layout for families or those wanting extra space for a home office. Downstairs, a separate side entrance leads to a functional ( Illegal basement suite) with a comfortable common area, laundry, a second kitchen setup (no appliances), one additional bedroom, and another 4-piece bathroom—perfect for extended family, guests, or exploring future rental potential. Step outside to a generous backyard made for summer living, with plenty of room for BBQs, entertaining, and gatherings. Whether you’re seeking an inner-city location, a home with flexibility, or a property you can add value to over time—this is a rare opportunity in a fantastic community. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 214 Martinwood Place NE in Calgary: Martindale Detached for sale : MLS®# A2274044

    214 Martinwood Place NE Martindale Calgary T3J 3H6
    Main Photo: 214 Martinwood Place NE in Calgary: Martindale Detached for sale : MLS®# A2274044
    $519,900
    Residential
    Status:
    Active
    MLS® Num:
    A2274044
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,207 sq. ft.
    Welcome to this beautiful 2-storey home located in the desirable community of Martindale in NE Calgary! Offering a total of 4 bedrooms (3+1) and 2.5 bathrooms, this fully upgraded home is move-in ready and perfect for families, first-time buyers, or investors.Step inside to discover numerous updates, including newer stucco siding, hardwood flooring, modern lighting fixtures, granite countertops, fresh paint, new doors, updated tiles, upgraded bathroom accessories, new baseboards, AC and much more.The finished (illegal) basement, complete with a separate side entrance, features a second kitchen, a 4-piece bathroom, and a spacious bedroom. Previously rented, it is now vacant and ready for your personal use or rental potential.Situated on a quiet street with extra parking on front and Large Lot with gravel parking pad. Close to all major amenities—schools, shopping, transit, parks, and more—this well-maintained property offers both comfort and convenience.Don’t miss your chance to own this wonderful home in an excellent location! More details
    Listed by RE/MAX Real Estate (Mountain View)
    DIANE RICHARDSON
  • 19 Castlepark Way NE in Calgary: Castleridge Detached for sale : MLS®# A2273385

    19 Castlepark Way NE Castleridge Calgary T3J 1R7
    Main Photo: 19 Castlepark Way NE in Calgary: Castleridge Detached for sale : MLS®# A2273385
    $529,900
    Residential
    Status:
    Active
    MLS® Num:
    A2273385
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    953 sq. ft.
    Beautiful Castleridge Bungalow with Separate Entrance to an (Illegal) Suite. Welcome to the Castleridge bungalow you’ve been waiting for! The main floor offers 3 bedrooms, 1.5 bathrooms, a bright living room with a cozy fireplace, a dining area, and an updated kitchen featuring granite countertops and stainless steel appliances. Step outside to a large covered deck, perfect for summer BBQs with friends and family, overlooking a spacious backyard with mature trees. The lower level includes a separate entrance, 2 generous bedrooms, a living area, kitchen, washer and dryer, and a 4-piece bathroom—an ideal setup for extended family or rental potential (illegal suite). Additional features include a long driveway that fits two large vehicles, ample street parking, side/backyard access with possible RV parking, acrylic stucco exterior, and updated windows. Located within walking distance to schools, Calgary Transit, grocery stores, and more! More details
    Listed by First Place Realty
    DIANE RICHARDSON
  • 11 Berwick Close NW in Calgary: Beddington Heights Detached for sale : MLS®# A2273062

    11 Berwick Close NW Beddington Heights Calgary T3K 1C3
    Main Photo: 11 Berwick Close NW in Calgary: Beddington Heights Detached for sale : MLS®# A2273062
    $539,900
    Residential
    Status:
    Active
    MLS® Num:
    A2273062
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    975 sq. ft.
    Excellent opportunity for an investor or first-time home buyer! This is a great potential income-producing property with revenue opportunities. It features a large oversized double detached garage with a 10 ft door, plus additional parking. The upper level features 2 bedrooms, a full bathroom, a bright living room with a brick-faced fireplace, a dining area, and an open-concept kitchen that leads to a massive covered sunroom, perfect for summer enjoyment, and a deck for relaxation. A large west-facing deck is accessible from the dining nook, providing additional outdoor living space. The fully developed lower level includes and Family room, 1 bedroom, a full bath, a laundry area, and a separate entrance, offering excellent potential for a workshop. With a total of 3 bedrooms, 2 Bathrooms, 2 fireplaces, and an oversized garage on a huge lot, this bi-level home checks all the boxes for value, space, and potential. The yard is fully fenced and landscaped, complete with beautiful trees. Located on a quiet street close to fantastic transportation options, bus routes, bike pathways, and major grocery stores, including Safeway, T&T Supermarket, and Superstore. Quick access to parks and only minutes from downtown, offering both convenience and lifestyle. This home has been very well cared for and is ready for you to move in and enjoy. Opportunities like this don’t last long. Act fast to secure this exceptional investment! More details
    Listed by RE/MAX Real Estate (Mountain View)
    DIANE RICHARDSON
  • 3042 31A Street SE in Calgary: Dover Detached for sale : MLS®# A2271381

    3042 31A Street SE Dover Calgary T2B 0S9
    Main Photo: 3042 31A Street SE in Calgary: Dover Detached for sale : MLS®# A2271381
    $545,900
    Residential
    Status:
    Active
    MLS® Num:
    A2271381
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    928 sq. ft.
    **** Fabulous NEW Price **** A Fantastic Investment Opportunity in Dover with immediate possession available. Welcome to 3042–31A Street SE, a well-maintained property offering exceptional income potential and a functional layout that appeals to both homeowners and investors alike. Step inside the spacious main floor, where you’re greeted by gorgeous birch kitchen cabinetry that brings warmth and character to the home. The main level boasts an open, inviting floor plan with loads of countertop space and storage, plus a smart combination of durable ceramic tile flooring in the high-traffic areas and original oak hardwood in the bedrooms—adding charm and longevity. The main floor windows were upgraded to vinyl years ago, enhancing energy efficiency and comfort throughout. This level remains a fully functioning three-bedroom layout, though the third bedroom has been enhanced with a convenient door leading directly to the back deck, offering flexibility for outdoor access, home office potential, or multi-generational living. Downstairs, the earning potential truly shines. The illegal two-bedroom basement suite features a brand-new kitchen with new appliances, making it immediately attractive to tenants. Ceramic tile flooring continues through the suite, offering durability and easy maintenance. Central vacuum system makes for convenient upkeep. A well-appointed three-piece bathroom, "crackling fire" style space heater and separate laundry complete this income-boosting space. Outside is where this property separates itself from the rest. The massive 26’ x 24’ double garage is a dream come true for mechanics, hobbyists, and woodworkers. With 9.5-foot ceilings, an 8-foot overhead door, LED lighting, and two skylights, it’s the perfect year-round workshop. There’s also a two-car paved parking pad, giving you even more secure off-street parking options. Located on a quiet pathway with no street traffic directly in front, this is an ideal setting for families—kids can play up and down the walkway safely between the homes. You will appreciate this addresses proximity to parks, playgrounds, schools, as well as access to major roadways. 3042–31A Street SE offers unbeatable versatility, comfort, and income potential. Properties like this don’t come up often—don’t miss your chance to make it yours! More details
    Listed by TREC The Real Estate Company
    DIANE RICHARDSON
  • 184 Falmere Way NE in Calgary: Falconridge Detached for sale : MLS®# A2276375

    184 Falmere Way NE Falconridge Calgary T3J 2Y2
    Main Photo: 184 Falmere Way NE in Calgary: Falconridge Detached for sale : MLS®# A2276375
    $549,900
    Residential
    Status:
    Active
    MLS® Num:
    A2276375
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    1,108 sq. ft.
    EXCELLENT LOCATION, Great investment or home ownership opportunity in Falconridge. This detached home has a fantastic layout with a LEGAL BASEMENT SUITE. The main floor has just over 1,100 sqft of living space, an open kitchen, dining and living room area with a cozy fireplace. You have a full bathroom, laundry room and two bedrooms off the hallway and a primary bedroom with a 2 piece ensuite, double closets and a sliding door. The Master Bedroom leads to balcony at the back of the home. The LEGAL basement has a WALK UP SEPARATE ENTRANCE at the back of the home. The spacious basement suite was LEGALIZED in 2021 and has all above-grade windows, a full kitchen, living/dining areas, laundry, a full bathroom and two bedrooms. There has been significant work completed at the property in recent years that the future buyers/investors can reap the benefits of. The POLY B PLUMBING was replaced in 2020. NEW FURNACE installed in 2019 and a new roof completed in 2018. WATER TANK was replaced in 2025 and the New REFRIGERATOR upstarirs installed in 2023. Basement WASHER and DRYER replaced in 2023. This property has parking in the back and is ready for a new homeowner or investor to make it their own. Upstairs is vacant. Tenants in basement are on month to month and are willing to stay. Currently they are paying $1300 per month and share 40% of UTILITIES. More details
    Listed by URBAN-REALTY.ca
    DIANE RICHARDSON
  • 54 Taracove Road NE in Calgary: A-684 Detached for sale : MLS®# A2265019

    54 Taracove Road NE A-684 Calgary T3J 5G7
    Main Photo: 54 Taracove Road NE in Calgary: A-684 Detached for sale : MLS®# A2265019
    $550,000
    Residential
    Status:
    Active
    MLS® Num:
    A2265019
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    818 sq. ft.
    RENOVATED BI LEVEL WITH NEW CARPETS,LVP AND PAINT.LEGAL SUITE BILEVEL.LOCATED IN THE HEART OF TARADALE, LIKE HALF BLOCK TO SCHOOLS,BUS ROUTE AND CLOSE TO SHOPPING AND ALL OTHER AMENITIES GENESIS CENTRE,LIBRARY,LRT STATION.THIS HOUSE IS LOADED WITH UPGRADES,LIKE GRANITE COUNTER TOPS AND UPGRADED BACK SPLASH ,VAULTED CEILING.HOUSE COMES WITH 2 BEDROOMS ON THE MAIN LEVEL AND 2 BEDROOM LEGAL SUITE IN THE BASEMENT WITH SEPARATE ENTRANCE. 2 SEPARATE LAUNDRIES. HUGE BACK YARD FEATURES A PRIVATE FENCED OFF AREA.IT IS GOOD FOR FIRST TIME BUYERS OR INVESTMENT PROPERTY.MAIN LEVEL IS RENTED FOR $1500+60% UTILITIES. BASEMENT IS RENTED FOR $1250+40% UTILITIES.IT IS VERY EASY TO SHOW BOTH UP AND DOWN.VERY CO-OPERATINE PEOPLE LIVING UP AND DOWN . CAN BE SHOWN WITH COUPLE HOURS NOTICE. POSSESSION CAN BE QUICK IF YOU TAKE OVER TENANTS. BUT IF YOU WANT VACANT POSSESSION THEN IT COULD NE 90 DAYS OR NEGOTIABLE. More details
    Listed by Royal LePage METRO
    DIANE RICHARDSON
  • 172 Covehaven Road NE in Calgary: Coventry Hills Detached for sale : MLS®# A2271470

    172 Covehaven Road NE Coventry Hills Calgary T3K 5W7
    Main Photo: 172 Covehaven Road NE in Calgary: Coventry Hills Detached for sale : MLS®# A2271470
    $560,000
    Residential
    Status:
    Active
    MLS® Num:
    A2271470
    Bedrooms:
    3
    Bathrooms:
    4
    Floor Area:
    1,578 sq. ft.
    Discover exceptional value and comfort in this meticulously maintained home, perfectly situated on a quiet street just steps from shopping, schools, parks, and public transit. Set on a generous, fully fenced lot with mature landscaping, a spacious deck, and no neighbours behind, this property offers both privacy and convenience. The inviting main level welcomes you with a warm, open entryway that flows into a bright and comfortable family room featuring a stone-accented gas fireplace. The well-designed kitchen includes a corner pantry, ample cabinetry, a centre island with breakfast bar, and a large dining nook overlooking the backyard—an ideal layout for everyday living and entertaining. A conveniently located powder room completes the main floor. Upstairs you’ll find two well-proportioned bedrooms, a full bathroom,built-in shelving, and a dedicated laundry area. The primary suite serves as a true retreat, highlighted by vaulted ceilings, a walk-in closet, and a private 4-piece ensuite. The fully developed lower level adds even more living space, offering a generous recreation room, a full 3-piece bathroom, and a storage/furnace room. Additional features include air conditioning, tile flooring. Pride of ownership is evident throughout—this home is move-in ready and sure to impress. More details
    Listed by Real Broker
    DIANE RICHARDSON
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