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

Unlock Your Calgary Dream Home: Explore Listings by Price Range 

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.

Easy Online Contact Form

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!

Call Diane Directly

Prefer a direct conversation? No problem! Just call Diane at 403.397.3706. She's always happy to answer your questions or arrange viewings at your convenience.

Send an Email

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!

Forgot password Extend Verify Contact

101 Indigo Lane
Rainbow Falls Chestermere T1X 0E5

$390,000
Residential beds: 2 baths: 3.0 1,416 sq. ft. built: 2008

Main Photo: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 1: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 2: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 3: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 4: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 5: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 6: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 7: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 8: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 9: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 10: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 11: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 12: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 13: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 14: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 15: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 16: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 17: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 18: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 19: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 20: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 21: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 22: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 23: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 24: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 25: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 26: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 27: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 28: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 29: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 30: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 31: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 32: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 33: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 34: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 35: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 36: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 37: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 38: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 39: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 40: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Photo 41: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2238615
Bedrooms:
2
Bathrooms:
3
Year Built:
2008
OPEN HOUSE SAT. AUG 9 , 2-4:30 PM. Ever wished to live in a modern townhouse, with NO exterior maintenance, have a double car garage, be SUPER close schools/shopping and be able to afford it? Welcome HOME. The heart of the home, the kitchen?, features espresso colored cabinets,exceptional stainless steel appliances (french style refrigerator, space saving over-the-range microwave, easy-to-clean glass stove), and massive central island. The entirety of both the kitchen?, living & dining room, has attractive faux wood flooring. Completing the main level is a convenient 1/2 bath. The upper level has DUAL master suites, both with ensuites, and convenient upper laundry. ?The corner location offers extra windows, allowing for plenty of natural light and a sense of openness. Likely the MOST convenient location in Chestermere. Kids walk 500 feet to an elementary school. Circle K, gas, several restaurants, and pharmacy are 300 feet away. An amazing bike park is 500 feet away. Larger shopping at No-Frills is 1/2 a kilometer; ultimate shopping is under 4 miles to East Hills (Walmart, Costco + more). Picturesque Rainbow Falls is a short walk, where you can then stroll along the pathway system for MILES that connect all of west Chestermere. And, where else can find a DOUBLE (tandem) attached garage for less? You'll be impressed between the affordable price, the amazing location, the double car garage, and the great kitchen/great room. Call today for your viewing.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
3 (or more) Storey
Total Living Area:
1,416.4 sq. ft.
Main Level Finished Area:
699.6 sq. ft.
Upper Level Finished Area:
716.8 sq. ft.
Condo Fee:
$341.40
Condo Fee Includes:
Insurance, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Snow Removal
Front Exposure:
East
Entry Level:
1
Levels:
Three Or More
End Unit:
1 Common Wall
Total Rooms Above Grade:
5
Year built:
2008 (Age: 17)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
0810716
Heating:
Forced Air
Basement:
None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
Triplex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Laminate
Cooling:
None
Fireplaces:
0
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Attached, Enclosed, Garage Door Opener, Insulated, Tandem
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Unit, Upper Level
Condo Fee Frequency:
Monthly
Z-name Not Listed
Rainbow Falls
Visitor Parking
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer
N/A
Condo/Strata Approval
Restrictions
Floor
Type
Size
Other
Main Floor
Living Room
17'5" × 16'2"
Main Floor
Kitchen
12'4" × 10'8"
Main Floor
Dining Room
12'10" × 10'8"
Main Floor
Balcony
11'8" × 4'7"
Main Floor
Entrance
6'8" × 4'6"
Upper Level
Bedroom - Primary
15'10" × 12'8"
Upper Level
Bedroom
12'9" × 12'
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'11" x 5'3"
Upper Level
Yes
4
7'11" x 8'6"
Upper Level
Yes
4
4'11" x 8'6"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Kitchen Island, Laminate Counters
Exterior Features:
Balcony
Patio And Porch Features:
Rear Porch
Lot Features:
Other
Num. of Parcels:
0
Fencing:
None
Region:
Chestermere
Zoning:
R-3
Listed Date:
Jul 09, 2025
  • Photo 1: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 1 of 41
  • Photo 2: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 2 of 41
  • Photo 3: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 3 of 41
  • Photo 4: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 4 of 41
  • Photo 5: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 5 of 41
  • Photo 6: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Virtually Staged
  • Photo 7: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 7 of 41
  • Photo 8: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 8 of 41
  • Photo 9: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 9 of 41
  • Photo 10: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Virtually Staged
  • Photo 11: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 11 of 41
  • Photo 12: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 12 of 41
  • Photo 13: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 13 of 41
  • Photo 14: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 14 of 41
  • Photo 15: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 15 of 41
  • Photo 16: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 16 of 41
  • Photo 17: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 17 of 41
  • Photo 18: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 18 of 41
  • Photo 19: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 19 of 41
  • Photo 20: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Main floor plan
  • Photo 21: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Virtually Staged
  • Photo 22: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 22 of 41
  • Photo 23: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 23 of 41
  • Photo 24: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 24 of 41
  • Photo 25: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 25 of 41
  • Photo 26: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 26 of 41
  • Photo 27: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Virtually Staged 2nd master bedroom
  • Photo 28: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 28 of 41
  • Photo 29: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 29 of 41
  • Photo 30: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 30 of 41
  • Photo 31: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Upper Floorplan
  • Photo 32: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 32 of 41
  • Photo 33: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 33 of 41
  • Photo 34: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 34 of 41
  • Photo 35: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Extra storage space in the garage
  • Photo 36: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 36 of 41
  • Photo 37: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 37 of 41
  • Photo 38: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Visitors parking in the complex
  • Photo 39: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    No neighbours on one side. End unit
  • Photo 40: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 40 of 41
  • Photo 41: 101 Indigo Lane: Chestermere Row/Townhouse for sale : MLS®# A2238615
    Photo 41 of 41
Listed by MaxWell Experts Plus Realty
Data was last updated August 10, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
278
Avg list price:
$698,800
Min list price:
$268,000
Max list price:
$4,405,500
Avg days on market:
38
Min days on market:
1
Max days on market:
171
Avg price per sq.ft.:
$359.01
These statistics are generated based on the current listing's property type and located in Chestermere. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON
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.