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

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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Don't hesitate—reach out today and experience stress-free, professional guidance from Diane Richardson!

RED DEER REAL ESTATE LISTINGS LONSDALE

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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  • 305 60 Lawford Avenue: Red Deer Apartment for sale : MLS®# A2243014

    305 60 Lawford Avenue Red Deer Red Deer T4R 3E9
    Main Photo: 305 60 Lawford Avenue: Red Deer Apartment for sale : MLS®# A2243014
    $239,900
    Residential
    Status:
    Active
    MLS® Num:
    A2243014
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    832 sq. ft.
    Beautiful West Facing 2 Bedroom, 2 Bath Third Floor Condo in Park Point. Clean, neat kitchen with breakfast nook, great for entertaining. A separate area for a good size dining room table. The living room features a large patio door and covered deck. Another great feature is the heated underground parking. A real bonus-the condo fees include all utilities: Heat, Electricity, Sewer, Water and Garbage. Close to schools, shopping and transit. Possession can be immediate if buyer assumes tenancy! More details
    Listed by Royal Lepage Network Realty Corp.
    DIANE RICHARDSON
  • 83 Lawford Avenue: Red Deer Row/Townhouse for sale : MLS®# A2243715

    83 Lawford Avenue Red Deer Red Deer T4R 3N6
    Main Photo: 83 Lawford Avenue: Red Deer Row/Townhouse for sale : MLS®# A2243715
    $359,900
    Residential
    Status:
    Active
    MLS® Num:
    A2243715
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,150 sq. ft.
    FULLY DEVELOPED ~ 4 BEDROOM 3 BATH 2-STOREY TOWNHOME ~ CLOSE TO SCHOOLS, PARKS, PLAYGROUNDS & SHOPPING ~ Covered front entry welcomes you and leads to the bright two storey foyer ~ The living room is a generous size and is filled with natural light from the west facing picture window ~ 2 piece main floor bath ~ The kitchen offers a functional layout with ample cabinets and counter space, a corner pantry, raised eating bar and a window above the sink overlooking the backyard ~ Easily host large gatherings in the dining room with garden door access to the deck and backyard ~ The primary bedroom can easily accommodate a king size bed plus multiple pieces of furniture, and a walk in closet ~ 2 additional bedrooms are both a generous size, one has built in shelving ~ 4 piece bathroom on the upper level ~ The fully finished basement has a family room, 4th bedroom, 3 piece bathroom, laundry and space for storage ~ The backyard is fully fenced, has a low maintenance landscape, a garden shed and back alley access ~ Rear parking pad ~ Located close to multiple schools, parks, playgrounds, and walking trails with multiple shopping plazas within close proximity. More details
    Listed by Lime Green Realty Central
    DIANE RICHARDSON
  • 593 Lancaster Drive: Red Deer Detached for sale : MLS®# A2247345

    593 Lancaster Drive Red Deer Red Deer T4R 0H2
    OPEN HOUSE: Aug 10, 2025
    02:00 PM - 04:00 PM MDT
    Open House on Sunday, August 10, 2025 2:00PM - 4:00PM
    Main Photo: 593 Lancaster Drive: Red Deer Detached for sale : MLS®# A2247345
    $395,000
    Residential
    Status:
    Active
    MLS® Num:
    A2247345
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    914 sq. ft.
    AMAZING VALUE IN THIS FULLY RENOVATED, FULLY FINISHED BI-LEVEL IN LONSDALE! This beautiful home features 4 bedrooms and two full bathrooms with attractive open design and great renovations. Step inside to discover a living area filled with natural light, a spacious dining room and a modern kitchen with all brand new stainless-steel appliances, new gleaming quartz countertops, and new full splash subway tile. The generous island provides ample cooking space and a perfect spot for casual dining. You will enjoy the newly installed vinyl plank flooring throughout the kitchen, dining and living room, hallway and bathroom. The primary bedroom is a good size with large closets and could accommodate a king size bed. One more fair size bedroom and a renovated full bathroom complete the lovely main floor. The bright spacious basement if fully finished with two more large bedrooms, a huge family room and a full bathroom. The house has roughed in underfloor heating. The property sits on an enormous lot with plenty of room to build your dream garage. The backyard is landscaped and fully fenced. The new upgrades and renovations include the following: new sidewalk, new shingles, 4 new stainless-steel kitchen appliances, new quartz countertop, new tile backsplash, new vanities in both bathrooms, new vinyl plank flooring and the whole house was just freshly painted. Located in one of the most desirable areas in Red Deer - close to schools, parks, and shopping, this home combines comfort, style, and convenience. Don’t miss your chance to make it yours! More details
    Listed by Century 21 Maximum
    DIANE RICHARDSON
  • 140 Lanterman Close: Red Deer Detached for sale : MLS®# A2234465

    140 Lanterman Close Red Deer Red Deer T4R 3N8
    Main Photo: 140 Lanterman Close: Red Deer Detached for sale : MLS®# A2234465
    $409,900
    Residential
    Status:
    Active
    MLS® Num:
    A2234465
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,008 sq. ft.
    WELCOME to your private oasis in the heart of Lonsdale, Red Deer! This beautifully updated 4-bedroom, 2-bathroom home offers a bright open-concept layout with vaulted ceilings and stylish modern finishes throughout. Enjoy upgraded light fixtures, pot lights, custom blinds, carpets on the stairs, and updated vinyl flooring. Large windows in the kitchen, dining, and living areas let in plenty of natural light. You'll love the spacious dual living rooms—ideal for entertaining or relaxing with family. The kitchen features granite countertops, stainless steel appliances, an oversized fridge, and built-in microwave hood fan. Step outside to a backyard designed for both gardeners and food lovers. Enjoy garden beds and a variety of fruit trees or grow your own herbs and produce, and make use from your own chicken coop. New sod in 2024. Downstairs, unwind in the oversized jetted tub—your personal retreat. The shingles and hot water tank were replaced in 2024. This home is located near schools (K–12), playgrounds, parks, and the Collicutt Centre, making it perfect for families. With its rare blend of comfort, sustainability, and convenience, this Lonsdale gem offers a lifestyle you’ll love. More details
    Listed by Realty Experts Group Ltd
    DIANE RICHARDSON
  • 308 Lancaster Drive: Red Deer Detached for sale : MLS®# A2234395

    308 Lancaster Drive Red Deer Red Deer T4R 3R7
    Main Photo: 308 Lancaster Drive: Red Deer Detached for sale : MLS®# A2234395
    $424,900
    Residential
    Status:
    Active
    MLS® Num:
    A2234395
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,184 sq. ft.
    Room to grow, space to play, and a layout that just makes sense—308 Lancaster Drive is ready for your next chapter. With 4 Bedrooms, 3 Bathrooms, and over 1,100 Sq.Ft. above grade, this family-friendly Bi-Level sits in one of Red Deer’s most desirable neighbourhoods, close to top-rated schools, parks, playgrounds, and everything your busy household needs. The main floor features vaulted ceilings, hardwood floors, and an open-concept design that keeps everyone connected. The Kitchen is the heart of the home, offering beautiful wood-tone cabinets, a corner pantry, a centre island with breakfast bar, and a newer microhood (just 6 months old). The Dining Room has direct access to the back deck, making it easy to enjoy meals outdoors or keep an eye on the kids while they play. Two Bedrooms are on the main level, including the Primary Suite with a walk-in closet and private 3-piece Ensuite. The 4-piece main Bath includes an oversized linen closet—perfect for keeping towels and essentials organized. Downstairs, the finished basement gives your family the extra space it needs. A large Rec Room with built-in speakers is ideal for movie nights or hangouts, and two additional Bedrooms mean everyone gets their own space (or you can finally set up that home office or guest room). With a third full Bathroom and in-floor heat for added comfort, the lower level is both practical and cozy. Outside, the fully fenced backyard includes a storage shed and plenty of space for kids, pets, or gardening. You’ll also appreciate the two off-street parking spaces—perfect for a future garage build. Recent updates like a brand-new washer and dryer, new light fixtures, and shingles replaced just three years ago mean less to worry about and more to enjoy. If you’ve been looking for a move-in ready family home in a location that supports your lifestyle, this one is definitely worth a closer look. More details
    Listed by RE/MAX real estate central alberta
    DIANE RICHARDSON
  • 130 Larsen Crescent: Red Deer Detached for sale : MLS®# A2246585

    130 Larsen Crescent Red Deer Red Deer T4R 0J3
    Main Photo: 130 Larsen Crescent: Red Deer Detached for sale : MLS®# A2246585
    $459,900
    Residential
    Status:
    Active
    MLS® Num:
    A2246585
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    890 sq. ft.
    Welcome to this fully finished 4-bedroom, 2-bathroom bi-level located in the sought-after neighbourhood of Lancaster. Backing onto a large green space, this home offers the perfect combination of privacy, open views, and a family-friendly location close to schools, parks, and everyday amenities. The main floor features a bright and functional layout with two bedrooms, a full bathroom, and a spacious living room that flows into the dining area and kitchen. The kitchen is equipped with a new fridge (2024) and offers a great space for cooking and gathering. Downstairs, the walkout basement provides two more bedrooms, a second full bathroom, and a large rec room, perfect for movie nights, a play area, or hosting guests. There’s also in-floor heating throughout the basement, adding comfort during the colder months. The home is heated by a high-efficiency furnace and also includes a hot water tank replaced in 2021. Outside, you'll find a fully fenced backyard, ideal for kids, pets, or enjoying a quiet evening outdoors. The attached double garage adds even more convenience, with plenty of space for parking and storage. This home offers space, comfort, and an unbeatable location, all backed by the bonus of no neighbours behind you. More details
    Listed by RE/MAX real estate central alberta
    DIANE RICHARDSON
  • 60 Long Close: Red Deer Detached for sale : MLS®# A2242073

    60 Long Close Red Deer Red Deer T4R 3N8
    Main Photo: 60 Long Close: Red Deer Detached for sale : MLS®# A2242073
    $460,000
    Residential
    Status:
    Active
    MLS® Num:
    A2242073
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    1,151 sq. ft.
    Fantastic lot and location for this walk-out bi-level in southeast Red Deer! With 5 bedrooms and 3 full bathrooms—including an ensuite in the primary suite—this home has space to grow. The open-concept main floor features a bright kitchen and dining area that leads to a rear deck, overlooking a large pie-shaped lot with tons of room to build your dream garage. Upstairs offers 3 bedrooms and 2 bathrooms, while the walk-out basement includes 2 additional bedrooms, a third bathroom, and a spacious rec room with direct backyard access. Located on a quiet close, just blocks from schools and the Collicutt Centre, and with quick access out of town. **Most of the photos were taken prior to tenants** More details
    Listed by Royal Lepage Network Realty Corp.
    DIANE RICHARDSON
  • 625 Lancaster Drive: Red Deer Detached for sale : MLS®# A2243528

    625 Lancaster Drive Red Deer Red Deer T4R 3N8
    Main Photo: 625 Lancaster Drive: Red Deer Detached for sale : MLS®# A2243528
    $489,900
    Residential
    Status:
    Active
    MLS® Num:
    A2243528
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    1,282 sq. ft.
    Welcome to 625 Lancaster Drive—an exceptionally spacious bungalow in one of Red Deer’s most desirable southeast neighbourhoods, near the Collicutt Centre, public transit, schools, and east-side shopping. With over 2,400 sq ft of developed living space, this home features a bright main floor layout that includes a generous living room, a large kitchen with plenty of cabinet space, and three bedrooms, including a primary with a 3-piece ensuite. A 4-piece main bath completes the main level. The fully developed basement includes a separate walk-up entrance and an illegal suite, complete with a family room with fireplace, kitchenette, and two additional bedrooms. One lower bedroom features a walk-in closet and a large ensuite with soaker tub and separate shower. Shared laundry and mechanical are also located in the basement. Outside you’ll find a heated, insulated double detached garage, a fenced backyard, and RV parking with alley access. If you're looking for a flexible layout with multiple living areas in a well-located home, this one is worth a closer look. More details
    Listed by Royal Lepage Network Realty Corp.
    DIANE RICHARDSON
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Data was last updated August 10, 2025 at 08:05 AM (UTC)
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