Diane Richardson

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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.

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DETACHED HOMES FOR SALE IN RED DEER

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  • 5812 52 Avenue in Red Deer: Riverside Meadows Detached for sale : MLS®# A2269341

    5812 52 Avenue Riverside Meadows Red Deer T4N 4K4
    Main Photo: 5812 52 Avenue in Red Deer: Riverside Meadows Detached for sale : MLS®# A2269341
    $239,000
    Residential
    Status:
    Active
    MLS® Num:
    A2269341
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    741 sq. ft.
    Cozy, Clean, 1935 Bungalow. 2 bedrooms, 4-piece bathroom, modern fridge & stove on main floor, and a 2 bedroom, 3-piece bathroom downstairs with an illegal suite. The laundry is located in the basement next to the furnace room. Each level comes with with kitchen sink, countertop and cupboards. The house has fresh paint throughout, new flooring in kitchen & bathroom main floor, kitchen countertop main floor (2025), HWT (2023), new shingles (2020), 70 amp electrical panel (2014). In addition to a large, fenced yard, the driveway adjacent to the house, can easily accommodate RV parking. In the yard are two large wooden storage sheds, reshingled in 2023, and a stunning mature tree that ads beauty to the overall character of the property. This area of Red Deer, Riverside Meadows underwent an extensive redevelopment plan in 2009. This property was rezoned to DC13 during the planning process. A complete redevelopment plan link can be obtained from the seller's realtor. Page 6 of the Riverside Meadows ARP and Community Plan will provide information on DC 13 zoning specifications. This property is a renovator's/ developer's delight. Many options inside and out. This property sits on a double city lot, zoned Commercial /Residential blend. Book a viewing today. More details
    Listed by Century 21 Maximum
    DIANE RICHARDSON
  • 5630 56 Street in Red Deer: Riverside Meadows Detached for sale : MLS®# A2252633

    5630 56 Street Riverside Meadows Red Deer T4N 2K5
    Main Photo: 5630 56 Street in Red Deer: Riverside Meadows Detached for sale : MLS®# A2252633
    $250,000
    Residential
    Status:
    Active
    MLS® Num:
    A2252633
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    827 sq. ft.
    Set on a large lot on a quiet and tucked away street, this 2-bedroom, 2-bath home offers more than meets the eye. The main floor offers one bedroom, one bath, a well appointed living room and kitchen. Downstairs is partially developed. Outside, you will find an expansive yard with room to garden, build, or just enjoy the space. All this just minutes from local shops, transit, and everyday essentials. RV parking available. More details
    Listed by Royal LePage Network Realty Corp.
    DIANE RICHARDSON
  • 5707 57 Avenue in Red Deer: Riverside Meadows Detached for sale : MLS®# A2274124

    5707 57 Avenue Riverside Meadows Red Deer T4N 4S2
    Main Photo: 5707 57 Avenue in Red Deer: Riverside Meadows Detached for sale : MLS®# A2274124
    $268,900
    Residential
    Status:
    Active
    MLS® Num:
    A2274124
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    858 sq. ft.
    This affordable legally suited home is the Ideal property for Investors or Savvy buyers. The location is on a quiet street in close proximity to a park + the local elementary school is walking distance away. It's a central location giving you great access to all points in the city. The main level of this quaint home has a living room, kitchen, full bathroom and 2 bedrooms. There is shared laundry in the lower level. The legal basement suite has its own back entrance. It offers a kitchen,full bathroom, bedroom and living room. The backyard has space for pets or gardening and offers a single garage. More details
    Listed by Century 21 Maximum
    DIANE RICHARDSON
  • 56 Gillespie Crescent in Red Deer: Glendale Park Estates Detached for sale : MLS®# A2277136

    56 Gillespie Crescent Glendale Park Estates Red Deer T4P 2M8
    Main Photo: 56 Gillespie Crescent in Red Deer: Glendale Park Estates Detached for sale : MLS®# A2277136
    $289,900
    Residential
    Status:
    Active
    MLS® Num:
    A2277136
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,044 sq. ft.
    Affordable detached home located on a quiet street in Glendale Park Estates! This fully finished home has a very good sized yard, fully fenced, large rear deck plus front paved parking pad. The home itself is fully finished, featuring 4 bedrooms + office and 2 full bathrooms. Plenty of opportunity to add your personal touch to this home - good bones and a great family layout offer plenty of future potential. Walking distances to all amenities, including parks, playgrounds, Glendale skate park and school and the GH Dawe. Get into detached home ownership at a budget price! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 65 Gunn Street in Red Deer: Glendale Detached for sale : MLS®# A2270415

    65 Gunn Street Glendale Red Deer T4P 2N1
    Main Photo: 65 Gunn Street in Red Deer: Glendale Detached for sale : MLS®# A2270415
    $290,000
    Residential
    Status:
    Active
    MLS® Num:
    A2270415
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    884 sq. ft.
    Visit REALTOR® website for additional information. Step into this great starter home or investment property—a fully developed bi-level with a side entrance, set on a spacious lot with a huge backyard. Recent updates include newer siding and shingles (2019). Most of the windows have been replaced in 2010, adding long-term value and peace of mind. Inside, you’ll find bamboo floors, a bright kitchen with white appliances and hardwood cabinets, plus two bedrooms and a 4-piece bath upstairs. The lower level offers a large recreation room, an additional bedroom, and a 2-piece bath already roughed-in for a future shower. Enjoy outdoor living on the covered deck overlooking a large landscaped back yard—ideal for relaxing, entertaining, or gardening.Located in a quiet north-end neighbourhood close to schools, playgrounds, and shopping, this home offers excellent value for first-time buyers, investors, or downsizers alike. At this price, you’ll have the freedom to add your personal touch—a perfect opportunity to build equity and bring your vision to life. More details
    Listed by PG Direct Realty Ltd.
    DIANE RICHARDSON
  • 71 Good Crescent in Red Deer: Glendale Detached for sale : MLS®# A2265026

    71 Good Crescent Glendale Red Deer T4P 3L8
    Main Photo: 71 Good Crescent in Red Deer: Glendale Detached for sale : MLS®# A2265026
    $329,900
    Residential
    Status:
    Active
    MLS® Num:
    A2265026
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,102 sq. ft.
    Welcome to 71 Good Crescent ! This would be a great starter home. It has been completely repainted. All the flooring has been replaced. The plumbing has been replaced with PEX. The main bathroom has a new sink & tub. The furnace was replaced in 2011 and shingles replaced were replaced approx. 2012. This house shows well More details
    Listed by RE/MAX real estate central alberta
    DIANE RICHARDSON
  • 99 Dawson Street in Red Deer: Deer Park Village Detached for sale : MLS®# A2273403

    99 Dawson Street Deer Park Village Red Deer T4R 1V8
    Main Photo: 99 Dawson Street in Red Deer: Deer Park Village Detached for sale : MLS®# A2273403
    $349,900
    Residential
    Status:
    Active
    MLS® Num:
    A2273403
    Bedrooms:
    4
    Bathrooms:
    1
    Floor Area:
    947 sq. ft.
    Looking for your next project or investment? This home is located in one of Red Deer's best neighborhoods. Walking distance to schools, shopping and parks with an abundance of greenspace. New windows, shingles, eaves and soffits and facia in 2022. New sidewalks in 2020, fresh paint and flooring on the main. The main floor offers 3 good sized bedrooms one bath, it's own separate laundry and a great open concept living area. The basement development has been started with the intention of building an illegal suite. Framing is completed and all of the appliances and construction materials in the basement stay with the house so you won't go cash poor finishing it, turning it back into a single family dwelling or continuing on with the current development plan. More details
    Listed by Realty Executives Alberta Elite
    DIANE RICHARDSON
  • 108 Brown Close in Red Deer: Bower Detached for sale : MLS®# A2274602

    108 Brown Close Bower Red Deer T4R 1K4
    Main Photo: 108 Brown Close in Red Deer: Bower Detached for sale : MLS®# A2274602
    $349,900
    Residential
    Status:
    Active
    MLS® Num:
    A2274602
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,157 sq. ft.
    Lots of space and loads of potential! This 3 bedroom + den bi-level sits on a corner lot in a desirable Close with green space in the middle. The front entryway is spacious and the living room and kitchen are bright and open with some new windows and impressive vaulted ceiling. The u-shaped kitchen has lots of counter space and built in pantry. Good dining area with patio doors to back deck. 4 piece bathroom has tiled bath-tub & sky-light and both bedrooms are sized well with a 2 piece ensuite & double closets in the Primary. The basement has a separate entry and 1 bedroom, plus a den (needs a closet) with a 3 piece bathroom. Numerous windows let in lots of natural light and the good sized family room has a wood burning stove. Separate entry boot room area accommodates laundry with shelving and storage. The backyard is fully fenced and the detached garage is oversized with shelving and work benches. Close to shopping and transit and easy highway access! More details
    Listed by RE/MAX real estate central alberta
    DIANE RICHARDSON
  • 5626 42 Street in Red Deer: West Park Detached for sale : MLS®# A2261083

    5626 42 Street West Park Red Deer T4N 1C1
    Main Photo: 5626 42 Street in Red Deer: West Park Detached for sale : MLS®# A2261083
    $350,000
    Residential
    Status:
    Active
    MLS® Num:
    A2261083
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,010 sq. ft.
    Fantastic Investment Opportunity in West Park! Introducing a spacious property with incredible flexibility, located in the desirable West Park neighborhood of Red Deer. Perfect for investors, first-time buyers or families, this home comes with an illegal suite with its own private entrance. Step inside the bright and welcoming main floor, where large south-facing windows fill the living and dining areas with natural light. The open dining space includes a charming “peek-a-boo” wall that provides extra counter space and additional kitchen storage. The kitchen itself boasts a sizable layout designed for multiple cooks, offering plenty of room to prep meals without feeling crowded. Completing the main floor are three spacious bedrooms and a 4-piece bath, giving options for bedrooms, a home office, gym, or hobby room. Downstairs, the illegal suite includes 1 bedroom, a full 4-piece bathroom, living room, and kitchen - perfect for extended family or tenants. Shared spaces in the basement include a laundry area with washer/dryer, built-in cupboards and shelving for storage, lockers, plus an additional 3-piece bathroom for added convenience. The seller is updating the property with new flooring, giving the home a fresh start for its next owner. The furnace and hot water tank were replaced. Extra paving tiles will also remain if requested, a great bonus for outdoor projects. Outside, the large lot provides plenty of space to enjoy. The yard is partially fenced on one side, with potential to add more fencing for pets or privacy. A shed offers handy outdoor storage, and the large parking pad ensures ample space for multiple vehicles. Location is key - and this home delivers. Just minutes from Heritage Ranch, the Red Deer River walking trails, West Park School, parks, and Red Deer Polytechnic, this property offers both lifestyle and convenience. Families will love the proximity to schools and recreation, while investors will see the rental potential with steady demand from students and staff. With a versatile layout, large lot, parking and updates already underway, this West Park property is more than just a home, it's an opportunity. Whether you’re looking to invest or enjoy a spacious home with room for everyone, this property is ready to welcome you. More details
    Listed by RE/MAX real estate central alberta
    DIANE RICHARDSON
  • 74 Nichols Crescent in Red Deer: Normandeau Detached for sale : MLS®# A2271594

    74 Nichols Crescent Normandeau Red Deer T4P 1P6
    Main Photo: 74 Nichols Crescent in Red Deer: Normandeau Detached for sale : MLS®# A2271594
    $359,900
    Residential
    Status:
    Active
    MLS® Num:
    A2271594
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,185 sq. ft.
    IMMEDIATE POSSESSION AVAILABLE ~ FULLY DEVELOPED 4 BEDROOM (3up, 1 down), 3 BATHROOM BI-LEVEL ~ SEPARATE BASEMENT ENTRY ~ Recent updates include; Shingles (2011), hot water tank (2011), some windows ~ Stucco exterior and mature landscaping create eye catching curb appeal ~ Covered front entry leads to a welcoming foyer with a mirrored coat closet ~ The living room is a generous size and features large east facing windows that overlook the front yard and allow for plenty of natural light ~ Easily host large gatherings in the dining room with another large window and tile flooring ~ The kitchen offers an abundance of cabinet and counter space, full tile backsplash, updated stainless steel appliances, window above the sink overlooking the backyard, and a wall pantry ~ Mud room just off the kitchen offers a convenient separate entry with access to the west facing patio and backyard ~ The spacious primary bedroom can easily accommodate a king size bed with room for a sitting area, ample closet space and a 2 piece ensuite ~ 2 additional main floor bedrooms are both a generous size and are located across from the 4 piece main bathroom ~ The fully finished basement has large above grade windows and tons of additional space ~ The family room features a cozy wood burning fireplace with a raised hearth, brick surround and built in cabinets and shelving ~ Large fourth bedroom with tons of natural light ~ 4 piece basement bathroom ~ The bright and spacious laundry room features a large window, laundry sink and has space for storage ~ Flex room with cedar wall panels, plus another dedicated storage room, and walk in closet offers plenty of storage space with the potential for future updates ~ The sunny west facing backyard is landscaped with mature trees and shrubs, has tons of yard space, a shed, and is fully fenced with back alley access ~ 23' L x 16' W detached garage with more parking on the rear parking pad ~ Located close to schools, parks, walking trails, and tons of shopping, restaurants and all other amenities within walking distance. More details
    Listed by Lime Green Realty Central
    DIANE RICHARDSON
  • 79 Oak Street in Red Deer: Oriole Park Detached for sale : MLS®# A2277221

    79 Oak Street Oriole Park Red Deer T4P 1R9
    Main Photo: 79 Oak Street in Red Deer: Oriole Park Detached for sale : MLS®# A2277221
    $359,900
    Residential
    Status:
    Active
    MLS® Num:
    A2277221
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    1,328 sq. ft.
    This fully developed 4-level split home in Oriole Park offers enough space for a large family with two separate living areas, each with its own kitchen. This property is ideal for a family home or renting and is located on a corner lot with ample parking. Entering through the front door, you’ll find a bright, spacious living room, and adjacent to it, a kitchen for the main living area. With a few stairs to the upper level, there is a primary bedroom with a 3-piece ensuite, two additional bedrooms and a 4-piece bathroom. This self contained area can also be accessed through a side door to the east. The hallway leads you to the separate kitchen and dining area. A few steps down to the illegal suite on the lower level has 2 more bedrooms, a 3-piece bathroom and utility room for laundry. Then comes the basement level with its own living room, 1 bedroom and full bath. The fully fenced yard and green areas around the house completed the look. More details
    Listed by Century 21 Maximum
    DIANE RICHARDSON
  • 52 Fern Road in Red Deer: Fairview Detached for sale : MLS®# A2275443

    52 Fern Road Fairview Red Deer T4N 4Z4
    Main Photo: 52 Fern Road in Red Deer: Fairview Detached for sale : MLS®# A2275443
    $364,900
    Residential
    Status:
    Active
    MLS® Num:
    A2275443
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    829 sq. ft.
    Welcome to this well-maintained bungalow tucked into the heart of Fairview — one of Red Deer’s most established, tree-lined neighbourhoods. Built in 1963, this home offers just under 900 sq ft above grade with a smart, functional layout and a fully developed basement that adds excellent flexibility. The main floor opens to a bright, comfortable living room before leading into the spacious dining room, where beautiful original hardwood floors and French doors connect seamlessly to the kitchen — an inviting setup for everyday living and entertaining. The kitchen is practical and well laid out, featuring a surprisingly large pantry, along with original built-ins and even a built-in ironing board — charming, functional details that reflect the home’s era and thoughtful design. The primary bedroom is generously sized, complemented by a full main-floor bathroom. The fully developed basement includes the second bedroom with a massive walk-in closet, along with a comfortable rec room that can easily serve as a third bedroom, family room, or home office. A cozy gas fireplace anchors the lower level, complemented by a 3-piece bathroom, dedicated laundry area, and excellent storage throughout. Outside, you’ll appreciate the mature, private yard backing onto a green area, complete with fencing, trees, and space to relax or garden. A large detached double garage (22’ x 26’) with RV parking completes the backyard. Other highlights include newer front and rear doors, while the roof shingles on both the house and garage were replaced approximately two years ago, at the same time the exterior of the home was painted. Quiet location, mature surroundings, and close proximity to Bower Ponds, the Red Deer Golf & Country Club, and walking trails — this is a solid opportunity for anyone looking to enjoy a peaceful neighbourhood with long-term value. More details
    Listed by Century 21 Maximum
    DIANE RICHARDSON
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Data was last updated January 6, 2026 at 06:05 PM (UTC)
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