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.

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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  • 634 Macewan Drive: Carstairs Detached for sale : MLS®# A2233947

    634 Macewan Drive Carstairs Carstairs T0M 0N0
    Main Photo: 634 Macewan Drive: Carstairs Detached for sale : MLS®# A2233947
    $425,000
    Residential
    Status:
    Active
    MLS® Num:
    A2233947
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    1,080 sq. ft.
    Welcome to 634 MacEwan Drive! A spacious and functional 5-bedroom, 3-bathroom bi-level home offering smart design, a private backyard, and an ultra-convenient location just steps from shopping, dining, parks, and schools. Built in 1975 and offering over 1,080 sq ft above grade, this home blends original charm with thoughtful updates and a flexible layout that suits a variety of family needs. The main floor features three bedrooms, including a primary suite with its own private ensuite, plus an additional 4-piece bathroom. The bright and open living space flows seamlessly into the dining area and kitchen, creating a welcoming environment for family life and entertaining. Downstairs, the fully finished lower level has walk-up access to grade and includes two generously sized bedrooms, a 4-piece bathroom, and a large open rec space. With a wet bar and cabinetry already in place, this level offers excellent kitchenette potential .. perfect for extended family or guests. The layout is ideal for multi-generational living or simply spreading out. Outside, you'll find a lush and private backyard with no rear neighbors thanks to the back lane access. Mature trees surround the property, offering an added sense of privacy and tranquility that’s hard to come by in this price range. Whether you're a growing family or simply looking for a well kept home in an established, amenity rich neighborhood, 634 MacEwan Drive is a little gem that delivers on space, value, and location. More details
    Listed by Quest Realty
    DIANE RICHARDSON
  • 3804 Centre A Street NE in Calgary: Highland Park Detached for sale : MLS®# A2240103

    3804 Centre A Street NE Highland Park Calgary T3E 3A6
    Main Photo: 3804 Centre A Street NE in Calgary: Highland Park Detached for sale : MLS®# A2240103
    $429,000
    Residential
    Status:
    Active
    MLS® Num:
    A2240103
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    753 sq. ft.
    Here’s your chance to secure unmatched value in a sought-after, quiet cul-de-sac in the heart of the city. Whether you’re looking for a turnkey rental, multi-generational living, or a future redevelopment site, this fully updated legal suited bungalow checks every box! PROPERTY HIGHLIGHTS: 1) LEGAL basement suite with separate entrance 2)Separate laundry & kitchens on both levels 3) 2 bedrooms upstairs + 1 bedroom downstairs 4)2 full bathrooms, 2 living rooms, 2 dining rooms 5) Huge 2-tier walk-out deck rebuilt in 2016 6) Newer furnace & hot water tank (2017) 7) Ample parking & privacy in a quiet cul-de-sac UNBEATABLE LOCATION: 1) Minutes to Deerfoot Trail and Downtown core 2) Steps to Centre Street, schools, shops, and transit 3) Close to major bus routes: #3, #301 (Downtown), #300 (Airport) REDEVELOPMENT POTENTIAL: Located in a high-demand inner-city area with active infill developments nearby — this property offers strong long-term appreciation potential. Exciting News! A major real estate development project is launching nearby — an incredible once-in-a-lifetime opportunity for savvy investors. Buy now and benefit from future growth! Don’t miss out – book your private showing today! Whether you plan to rent out, live in, or rebuild, this is the one you’ve been waiting for! More details
    Listed by First Place Realty
    DIANE RICHARDSON
  • 272 Erin Woods Drive SE in Calgary: Erin Woods Detached for sale : MLS®# A2227036

    272 Erin Woods Drive SE Erin Woods Calgary T2B 3B9
    Main Photo: 272 Erin Woods Drive SE in Calgary: Erin Woods Detached for sale : MLS®# A2227036
    $449,990
    Residential
    Status:
    Active
    MLS® Num:
    A2227036
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    881 sq. ft.
    **OPEN HOUSE SAT JULY 19 1-3PM** Welcome to this exquisite bi-level residence featuring a finished basement with SEPARATE ENTRANCE, nestled in the charming neighborhood of Erin Woods. This property offers an array of features that cater to both comfort and style. As you step inside, you are greeted by a spacious living room adorned with soaring vaulted ceilings that create an airy ambiance. The heart of the home lies in the impressively renovated kitchen, boasting stunning stone countertops and stainless steel appliances. The elegant tile backsplash adds a touch of sophistication, while the adjacent dining nook provides a cozy space for family gatherings or intimate dinners. Step outside onto the beautiful covered deck—an ideal spot for morning coffee or evening relaxation, surrounded by nature. The main floor hosts two generously sized bedrooms, including an impressive primary suite that serves as your personal retreat. With convenient access to a luxurious four-piece bathroom, this suite promises tranquility. Venture downstairs to discover the fully developed basement—a versatile space perfect for entertaining or accommodating guests. Featuring a welcoming family room, an additional bedroom, and another beautifully renovated bathroom, this level offers endless possibilities. For those with accessibility needs in mind, a chairlift has been thoughtfully installed but can be easily removed if desired. The basement also boasts its own separate entrance leading directly to the backyard. Step into your private outdoor oasis where fruit trees abound! Enjoy fresh apples from your very own apple trees or savor sweet pears as they ripen on your pear trees—perfect for garden enthusiasts! Grape vines add charm. A handy shed provides ample storage for gardening tools or outdoor equipment. This property is not just a house; it’s a lifestyle waiting to be embraced. Whether you're seeking space for family gatherings or looking for investment potential with its separate entrance and finished basement layout, this home has it all! More details
    Listed by RE/MAX iRealty Innovations
    DIANE RICHARDSON
  • 10808 Hidden Valley Drive NW in Calgary: Hidden Valley Detached for sale : MLS®# A2245803

    10808 Hidden Valley Drive NW Hidden Valley Calgary T3A 5H2
    OPEN HOUSE: Aug 09, 2025
    01:00 PM - 03:00 PM MDT
    Open House on Saturday, August 9, 2025 1:00PM - 3:00PM
    Main Photo: 10808 Hidden Valley Drive NW in Calgary: Hidden Valley Detached for sale : MLS®# A2245803
    $499,000
    Residential
    Status:
    Active
    MLS® Num:
    A2245803
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    814 sq. ft.
    EXCEPTIONAL VALUE in the heart of HIDDEN VALLEY! This well-kept BI-LEVEL offers a WALKOUT basement with an ILLEGAL SUITE, perfect for extended family or mortgage helper. Ideally located directly across the street from Valley Creek School (K–9), St. Elizabeth Seton School (K–9), and Hidden Valley School (K–3). You’re also just minutes from parks, playgrounds, and walking paths, including Hidden Valley Park and scenery pathways. Recent updates include a NEW ROOF (2023) and NEW FURNACE (2022). The main level is BRIGHT and CHEERY with VAULTED CEILINGS and large WINDOWS that let in an abundance of NATURAL LIGHT. The layout features a SPACIOUS KITCHEN with an EATING AREA, a comfortable LIVING ROOM, two BEDROOMS, and a FULL BATHROOM. The WALKOUT basement is developed into a self-contained ILLEGAL SUITE with its own KITCHEN, FULL BATHROOM, BEDROOM, and LAUNDRY. Outside, enjoy a spacious BACKYARD, a SINGLE DETACHED GARAGE, and EXTRA PARKING Don’t miss out on this fantastic opportunity to own a versatile property in an excellent location! More details
    Listed by RE/MAX House of Real Estate
    DIANE RICHARDSON
  • 46 Applemead Close SE in Calgary: Applewood Park Detached for sale : MLS®# A2239917

    46 Applemead Close SE Applewood Park Calgary T2A 7S6
    Main Photo: 46 Applemead Close SE in Calgary: Applewood Park Detached for sale : MLS®# A2239917
    $499,000
    Residential
    Status:
    Active
    MLS® Num:
    A2239917
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    928 sq. ft.
    Welcome to the heart of Applewood Park, a family-friendly neighbourhood in Southeast Calgary. Step inside the spacious entryway leading to the upper level where large south-facing windows allow natural sunlight to brighten the open floor plan. The kitchen boasts ample cabinetry and counter space, perfect for cooking big family meals and entertaining friends. Privacy and relaxation await you in the primary bedroom complete with its own 3-piece ensuite, separate from an additional bedroom and full bathroom that complete the main floor. The fully finished lower level offers more living space for a home gym, play room, home office, or media room, with another full bathroom and bedroom for family and guests. The walk-up basement gives quick access to a low-maintenance concrete patio in the fully fenced backyard. Gather ‘round a fire and toast marshmallows with the kids on a warm summer evening having peace of mind knowing your toys are safely parked in the detached double garage. Enjoy a short, peaceful stroll to Applewood Recreation Park, where open green space, a playground, various sport courts, and a boarded NHL-sized outdoor rink, bring the local community together. Other nearby amenities include walking/biking paths, Costco in East Hills Shopping Centre, and Elliston Park, where the annual GlobalFest fireworks show is hosted every August. Being located beside Stoney Trail and Memorial Drive, the vibrant city of Calgary has never felt so accessible! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 51 Hunterhorn Crescent NE in Calgary: Huntington Hills Detached for sale : MLS®# A2238157

    51 Hunterhorn Crescent NE Huntington Hills Calgary T2K 6J3
    Main Photo: 51 Hunterhorn Crescent NE in Calgary: Huntington Hills Detached for sale : MLS®# A2238157
    $499,800
    Residential
    Status:
    Active
    MLS® Num:
    A2238157
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    930 sq. ft.
    Charming Walkout Bi-Level in Prime Location! Welcome to this beautifully maintained fully finished walkout bi-level, perfectly situated in close proximity to Deerfoot Mall, schools, public transit, Deerfoot Trail, and the airport — combining convenience with comfort! Step inside and be greeted by an abundance of natural sunlight throughout. The main level features a bright and spacious kitchen, a welcoming dining area, a cozy living room, a second bedroom, a full bathroom, and a generous primary bedroom complete with a large closet and a private 2-piece ensuite. Enjoy tranquil views of the lush green space from the primary bedroom and easy access to the deck, which has a stairway leading down to the beautifully treed backyard — perfect for relaxing or entertaining. The fully developed walkout basement offers excellent versatility with an additional bedroom, a full 4-piece bath, and a spacious living area . You’ll also find a large laundry/storage room for all your organizational needs. Outside, the landscaped yard provides plenty of space to enjoy the outdoors, plus a gravel pad beside the driveway for convenient extra parking. If you’re looking for a bright, spacious, move-in ready, affordable home in a fantastic location, this property truly has it all — come see for yourself, you’ll love what you find! More details
    Listed by MaxWell Capital Realty
    DIANE RICHARDSON
  • 6412 54 Street in Calgary: Castleridge Detached for sale : MLS®# A2217362

    6412 54 Street Castleridge Calgary T3J 1Z5
    Main Photo: 6412 54 Street in Calgary: Castleridge Detached for sale : MLS®# A2217362
    $499,900
    Residential
    Status:
    Active
    MLS® Num:
    A2217362
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,141 sq. ft.
    What a Amazing Detached HOME Located in the neighbourhood of CASTLERIDGE , this charming house offers an ideal setting for families seeking comfort and space. Welcome to your wonderful, freshly painted new 3 bedroom home In CASTLERIDGE! Upstairs you will find 3 bedrooms and a 1 FULL WASHROOM. MAIN FLOOR HAS KITCHEN ;NOOK AND HALF WASHROOM N LAUNDRY. BASEMENT illegal STUDIO SUITE WHICH comes WITH KITCHEN ;FULL WASHROOM; SEPARATE LAUNDRY N SEPARATE ENTRANCE. Both floors are rented .There IS OVERSIZED SINGLE detached CAR garage is like cherry on cake THERE IS SEPARATE PARKING PAD IS APART FROM THE GARAGE IS AVAILABLE FOR RV'S.This home is perfect for your growing family or for your roommates! The main floor is open concept comes with entrance open to below and features a large, lovely living room and kitchen with upgrades including white cabinets . The large backyard is ideal for a family to have room to grow and play with a gorgeous mature evergreen tree beside the new over sized deck. The roof and siding are newer .This home is located on a quiet street. Located just steps away from major amenities and nearby some great shopping. Great value on this real estate investment that is move in ready for your family or your tenants. Outside, the property features a spacious backyard, perfect for outdoor activities and summer barbecues. Children and pets alike will love the freedom to roam and play in this secure outdoor space. Conveniently located NEXT TO JOHN PAUL schools AND NEAR TO parks, shopping, and dining options, this home offers the perfect balance of tranquility and accessibility. With its welcoming atmosphere and functional design, it's the ideal place for a growing family to call this property home. Book your showing Today!!! More details
    Listed by PREP Realty
    DIANE RICHARDSON
  • 632 55 Street SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2242804

    632 55 Street SE Penbrooke Meadows Calgary T2A 3R6
    Main Photo: 632 55 Street SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2242804
    $500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2242804
    Bedrooms:
    7
    Bathrooms:
    3
    Floor Area:
    1,188 sq. ft.
    Investor Alert & Family Gem – Live In, Rent Out, or Flip! At $500,000, this home offers strong value compared to renovated homes in Penbrooke Meadows that have recently sold for around $650,000. Welcome to 632 55 St SE—a spacious 7-bedroom home offering exceptional income potential and redevelopment upside. Whether you're looking to build long-term wealth through rental cash flow or flip and resell for high profit, this is the kind of opportunity investors dream of. The main floor features a bright, open-concept layout with 3 bedrooms and 2 full bathrooms—ideal for family living or attracting quality tenants. Large windows let the sunlight pour in, creating a warm, inviting space that flows effortlessly from room to room. The fully finished basement includes a 3-bedroom illegal suite with a separate entrance, previously rented for $1,800/month—a proven income generator. The converted garage adds even more value as a 7th bedroom with a private entrance, also previously rented for $800/month. Prefer a garage instead? It can easily be converted back to a single attached garage. While many major upgrades have already been taken care of, a little TLC will go a long way—perfect for those looking to add value and boost returns. Recent Upgrades Include: Electrical wiring upgraded to Copper (City-inspected and approved), New electrical meter (City-inspected and approved), All new LED lighting throughout, Six windows replaced in the last 1–2 years, Ceramic & luxury vinyl plank flooring (installed approx. 1–2 years ago), Roof replaced approx. 4–5 years ago. Zoned R-CG = Even More Potential!! This highly flexible zoning allows for future development, legal suites, or increased density—ideal for forward-thinking investors. The sunny yard, mature trees, and Back Lane Access provide space to Build a Brand-New Double Detached Garage to further boost property value. Prime Location Situated close to schools, parks, shopping (Penbrooke Plaza), and offering fast access to 17th Ave, Memorial Drive, Stoney Trail, and Deerfoot Trail, this home is perfectly positioned to attract reliable tenants and maximize rental demand. Highlights: 7 total bedrooms, Fully separate basement suite, Converted garage = bonus income or easy garage conversion, Updated major systems: electrical, roof, flooring, windows, Zoned R-CG for redevelopment and expansion, Proven rental income + strong cash flow potential, Perfect for flipping or long-term holding. Whether you want to cash flow from day one, renovate and resell, or redevelop for greater upside, this property has the bones, location, and numbers to make it work. Don’t wait—book your private showing today and unlock the potential of 632 55 St SE! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 104 Falshire Close NE in Calgary: Falconridge Detached for sale : MLS®# A2215131

    104 Falshire Close NE Falconridge Calgary T3J 3A7
    Main Photo: 104 Falshire Close NE in Calgary: Falconridge Detached for sale : MLS®# A2215131
    $510,000
    Residential
    Status:
    Active
    MLS® Num:
    A2215131
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    978 sq. ft.
    RENOVATED BI LEVEL WITH 2+2 BEDROOMS AND 2 FULL BATHS. MAIN LEVEL LIVING ROOM AND KITCHEN WITH VAULTED CEILING. NEWER OAK KITCHEN CABINETS WITH TEMPERED GLASS.TILE FLOORING.MAIN LEVEL HAS DEN ASWEL. MAIN LEVEL BATH WITH JETTED TUB.FULLY FINISHED BASEMENT WITH 2 BEDROOM ILLEGAL SUITE WITH SEPARATE WALK UP ENTRANCE AND SEPARATE LAUNDRY UP AND DOWN.DOUBLE HEATED GARAGE.BASEMENT LIVING ROOM WITH STONE FACED FIRE PLACE.HOT WATER TANK AND FURNACE HAS BEEN REPLACED OVER THE LAST FEW YEARS.CLOSE TO ALL LEVELS OF SCHOOLS,SHOPPING AND THE BUS ROUTE,CLOSE TO SIKH TEMPLE. VERY EASY TO SHOW.SHOWS VERY WELL. VERY GOOD FOR FIRST TIME BUYERS OR INVESTMENT.NEWER WINDOWS IN 2005. More details
    Listed by Royal LePage METRO
    DIANE RICHARDSON
  • 112 Woodside Circle NW: Airdrie Detached for sale : MLS®# A2227927

    112 Woodside Circle NW Airdrie Airdrie T4B 2J8
    Main Photo: 112 Woodside Circle NW: Airdrie Detached for sale : MLS®# A2227927
    $519,000
    Residential
    Status:
    Active
    MLS® Num:
    A2227927
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,688 sq. ft.
    **Quick Possession Available***Perfect Family home in the desirable Woodside Community. Very close to the acclaimed Woodside Golf Course. This 4 Level split has been well maintained and has everything your family needs. There is beautiful laminate flooring throughout the 3 top levels. The spacious South facing Livingroom has a gorgeous bay window providing great natural light. The kitchen has been updated with granite countertops and darker cabinets. The kitchen is completed with matching SS appliances and ample storage. The upper level features 3 good sized bedrooms and a 4pc main bath. You'll find the laundry on the lower level along with a massive family room with a cozy gas Fire Place. This level walks out at grade to a beautiful sloped yard and big deck. The basement level is great for storage and includes a bonus 4th bedroom great for company or sassy teenagers. The home is completed with newer A/C, HVAC, and Hot water tank (All 3 years). You wont have to worry about street parking either with a long gravel pad that runs beside the home. Don't wait...Book your showing today! More details
    Listed by REMAX ACA Realty
    DIANE RICHARDSON
  • 123 Castleglen Road NE in Calgary: Castleridge Detached for sale : MLS®# A2239173

    123 Castleglen Road NE Castleridge Calgary T3J 1P2
    Main Photo: 123 Castleglen Road NE in Calgary: Castleridge Detached for sale : MLS®# A2239173
    $523,900
    Residential
    Status:
    Active
    MLS® Num:
    A2239173
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    934 sq. ft.
    Welcome to this 4-level split detached home, perfectly situated in the family friendly community of Castleridge! This property is ideal for FIRST TIME HOMEBUYERS, offering a fantastic opportunity to offset your mortgage with a 1-bedroom illegal basement suite, complete with its own separate entrance. Step inside and discover a functional layout across four levels, providing ample space for comfortable living. The main floor features a bright living area, while upper level offer spacious bedrooms and a bathroom. Enjoy the convenience of being just steps away from shopping centers, playgrounds, and schools, making daily errands and family outings a breeze. With its prime location and MORTGAGE HELPER potential, this home truly presents an incredible value. Don't miss out on this excellent opportunity to enter the housing market. More details
    Listed by URBAN-REALTY.ca
    DIANE RICHARDSON
  • 244 Templewood Road NE in Calgary: Temple Detached for sale : MLS®# A2222031

    244 Templewood Road NE Temple Calgary T1Y 4H1
    Main Photo: 244 Templewood Road NE in Calgary: Temple Detached for sale : MLS®# A2222031
    $525,000
    Residential
    Status:
    Active
    MLS® Num:
    A2222031
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,474 sq. ft.
     Welcome to this beautiful, spacious 2-storey family home in the heart of Temple. It has been nicely renovated, featuring vinyl flooring, updated lighting on the main level, newer windows, and a new furnace installed in 2024 with a transferable warranty. The home also includes newer Stainless steel appliances and the bathrooms have been updated with low-flow toilets. As you enter, you'll be greeted by a large dining room and a family-sized eat-in kitchen that offers plenty of counter space, maple cabinetry, and plenty of storage throughout. The living room is warm and inviting, complete with a wood-burning fireplace, the perfect cozy spot for special family gatherings during the holidays. The spacious primary bedroom upstairs features his and her double closets and a stunning three-piece ensuite bathroom with a tile and glass shower. The two additional bedrooms are spacious and painted in contemporary colours. The downstairs features a separate walk-up entrance and a finished basement with versatile potential for a growing family or rental. It also has a staircase to the main floor. Outside, you'll notice the poured concrete sidewalks leading to a good-sized deck and a double-car garage with a good-sized backyard—close to schools, easy access to Stoney Trail, and all your favourite amenities. More details
    Listed by RE/MAX Real Estate (Mountain View)
    DIANE RICHARDSON
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