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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  • 101 Second Avenue N: Torrington Commercial Land for sale : MLS®# A2245116

    101 Second Avenue N Torrington Torrington T0M 2B0
    Main Photo: 101 Second Avenue N: Torrington Commercial Land for sale : MLS®# A2245116
    $49,900
    Land
    Status:
    Active
    MLS® Num:
    A2245116
    Great opportunity for investor or small business this mixed use land is zoned for commercial, residential and industrial use. Build your dream business on this vacant lot located approximately 25 min east of Olds and 75 min to Calgary. More details
    Listed by RE/MAX Real Estate (Mountain View)
    DIANE RICHARDSON
  • 166 370165 79 Street E: Rural Foothills County Recreational for sale : MLS®# A2245005

    166 370165 79 Street E Rural Foothills County Rural Foothills County T0A 0A0
    Main Photo: 166 370165 79 Street E: Rural Foothills County Recreational for sale : MLS®# A2245005
    $89,000
    Land
    Status:
    Active
    MLS® Num:
    A2245005
    Lot 166 5th Wheel is not included MOVE IN READY. BEAUTIFULLY Landscaped. Paved driveway, concrete area under RV parking , Beautiful Flower tiered unit as a fence , Just park you RV and relax. Comes with Lot, Gazebo, 8 x 10 shed. Swing, and much much more. Country Lane Estates is a gated community and you can live here up to 7 months of the year. The water is turned on for the season when the ground thaws and the water is turned off before it freezes. It is a self-managed condo that is very involved in the community and there are lots of activities to get involved in throughout the week They have an office that is open during the fees will be reduced to $185.00 per month There is a clubhouse that has laundry facilities, gym, library, games room with a pool table, poker / games room, and an rec room. There is a pool and a hot tub . There is a playground on site for the kids. Close to highway 2 and 2A so getting to Okotoks High River is easy. As of June there will be power meters installed on each lot and the power will be billed monthly and power will not be included in the condo fees. The condo map show the lot to be 10.80 m wide by 22.78 meters long (converted to 34 x 74ft) More details
    Listed by Stonemere Real Estate Solutions
    DIANE RICHARDSON
  • 632 11620 Elbow Drive SW in Calgary: Canyon Meadows Apartment for sale : MLS®# A2245232

    632 11620 Elbow Drive SW Canyon Meadows Calgary T2W 3L6
    Main Photo: 632 11620 Elbow Drive SW in Calgary: Canyon Meadows Apartment for sale : MLS®# A2245232
    $189,900
    Residential
    Status:
    Active
    MLS® Num:
    A2245232
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    759 sq. ft.
    Incredible Value! This is one of the best-priced 2-bedroom condos in the entire South Calgary area! Bright, well-laid-out, and move-in ready, this rare top-floor corner unit offers both privacy and functionality. With only one shared wall and large east-facing windows, you'll enjoy abundant natural light throughout the day. The thoughtful layout includes a spacious den/storage room, a welcoming entry with a generous front closet, and an open-concept living and dining area perfect for entertaining. Both bedrooms offer ample closet space, making this home as practical as it is comfortable. Located in Anderson Place, a well-managed complex with significant recent upgrades — so you can move in with peace of mind. Even better, no post-tension cables and pet-friendly (2 pets up to 20 lbs with board approval). Condo fees cover it all—heat, water, electricity, reserve fund contributions, professional management, snow removal, and more! That’s unbeatable value and simplicity, especially for first-time buyers or investors. Additional highlights: Assigned parking with plug-in, just steps from the door. Plenty of visitor parking. Quiet, convenient laundry area with multiple machines. 14-minute walk to Anderson C-Train station. Close to shopping, schools, amenities, and Fish Creek Park Whether you're looking to enter the market or expand your investment portfolio, this is a smart move. Contact your favorite REALTOR® to schedule a showing today! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 215 30 Mchugh Court NE in Calgary: Mayland Heights Apartment for sale : MLS®# A2244704

    215 30 Mchugh Court NE Mayland Heights Calgary T2E 7X3
    Main Photo: 215 30 Mchugh Court NE in Calgary: Mayland Heights Apartment for sale : MLS®# A2244704
    $195,500
    Residential
    Status:
    Active
    MLS® Num:
    A2244704
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    648 sq. ft.
    This is a standout, spacious, and upgraded unit with must-have features. Starting with the CENTRAL LOCATION having easy access to SAIT, downtown, major shopping centre, and YYC airport. Everything you need is close by, including grocery stores like T&T, professional services, a golf course, Calgary Zoo and more. The bus stop in front of the building will take you directly to 2 CTrain stations, Peter Laugheed Hospital, and points in between. Walking distance is green spaces and multiple schools. This suite is truly MOVE-IN READY. It is FULLY UPDATED with modern finishes that match throughout. The big living space allows for many options to suit your lifestyle. The functional kitchen is complete with stainless steel kitchen appliances. The bedroom is big enough for a king bed and features an upgraded closet system with many drawers. The bathroom has additional cabinets and is easy to keep. Completing this full package is the utility room with a combination washer/dryer laundry machine (no venting needed) and storage space. Even more storage is provided in the locker steps from this unit. The large balcony is private and shaded by trees. This is a quiet and solid concrete and brick building with 2 elevators. It is well-maintained and funded. Condo fees covers all utilities: heating, electricity, water, sewer and waste costs. Making budgeting easy and this unit VERY AFFORDABLE. Amenities that set this building apart are the fitness room with an exceptional amount of equipment, a sauna, a recreation room with pool table, car wash bay, and even a mechanics bay in the garage. This home has it all and is a must-see. Quick possession is possible. More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 406C 5601 Dalton Drive NW in Calgary: Dalhousie Apartment for sale : MLS®# A2245316

    406C 5601 Dalton Drive NW Dalhousie Calgary T3A 2E2
    Main Photo: 406C 5601 Dalton Drive NW in Calgary: Dalhousie Apartment for sale : MLS®# A2245316
    $195,900
    Residential
    Status:
    Active
    MLS® Num:
    A2245316
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    545 sq. ft.
    Top-Floor Apartment in Prime Dalhousie Location. Fantastic opportunity to own this affordable top-floor one-bedroom apartment in the desirable community of Dalhousie—just a 10-minute walk to the C-Train, public transit, and countless amenities.This bright and functional unit features an open-concept kitchen with ample cabinet and counter space, flowing seamlessly into the dining and living areas. Patio doors lead to a spacious southwest-facing balcony that overlooks a peaceful green space—perfect for enjoying the afternoon sun.The unit offers a generous primary bedroom, a full 4-piece bathroom, in-suite laundry with storage, and laminate flooring throughout. Additional highlights include a newer fridge, tub surround, and an assigned parking stall (#96) conveniently located just steps from the entrance.Enjoy being within walking distance to Co-Op, Canadian Tire, gas stations, and close to the University of Calgary, Market Mall, Northland Mall, and major roadways for easy access across the city. Immediate possession available—everything you need at an excellent price point! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 1602 221 6 Avenue SE in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2244989

    1602 221 6 Avenue SE Downtown Commercial Core Calgary T2G 4Z9
    Main Photo: 1602 221 6 Avenue SE in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2244989
    $197,500
    Residential
    Status:
    Active
    MLS® Num:
    A2244989
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    721 sq. ft.
    Bright and spacious one bedroom, 721 sq ft corner condo with a massive 275 sq ft approx. balcony offering breathtaking city, river, and skyline views, plus a unique round window feature. Located just steps from City Hall, this open-layout unit is filled with natural light and includes secure underground parking. The well-maintained building offers a gym, sauna, racquet court, three elevators, on-site management, free laundry on every floor, convenient garbage chute, and a full recycling and compost program; urban living at its finest. N.B. Note: Photos shown were taken prior to the current tenant’s occupancy to protect privacy. More details
    Listed by Rekha Realty
    DIANE RICHARDSON
  • 201 2209 14 Street SW in Calgary: Bankview Apartment for sale : MLS®# A2245214

    201 2209 14 Street SW Bankview Calgary T2T 3T2
    Main Photo: 201 2209 14 Street SW in Calgary: Bankview Apartment for sale : MLS®# A2245214
    $203,000
    Residential
    Status:
    Active
    MLS® Num:
    A2245214
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    567 sq. ft.
    This beautifully updated 1-bedroom, 1-bathroom condo is a perfect blend of style, comfort, and unbeatable location — ideal for first-time buyers or investors looking to tap into Calgary’s booming rental market. With a potential rental income of up to $1,800/month and listed at just $203,000, this is a smart opportunity you don’t want to miss. Located in the heart of Bankview, you're only steps from the lively atmosphere of 17th Avenue, filled with restaurants, cafes, and boutique shops. Mount Royal School is right across the street, and a bus stop is just a minute’s walk away, making your downtown commute fast and easy. Inside, the unit has just been freshly repainted and features a bright open-concept layout with large windows that bring in plenty of natural light. The modern kitchen is equipped with rich espresso cabinetry, granite countertops, and stainless steel appliances. Enjoy your mornings or unwind in the evenings on your private glass balcony with stunning views of downtown and green space right across the street. The spacious bedroom includes a huge wardrobe with built-in shelves for optimal organization. For added convenience, the unit comes with an assigned parking stall at the back of the building and an assigned storage space. This is urban living at its best — stylish, functional, and located in one of Calgary’s most walkable neighbourhoods. Book your private viewing today! More details
    Listed by D Gees Realty Inc.
    DIANE RICHARDSON
  • 303 315 50 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2244452

    303 315 50 Avenue SW Windsor Park Calgary T2S 1H3
    Main Photo: 303 315 50 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2244452
    $219,900
    Residential
    Status:
    Active
    MLS® Num:
    A2244452
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    491 sq. ft.
    This affordable and well-maintained condo offers unbeatable value, with low fees that include heat and water! Whether you're a first-time buyer or an investor looking for a solid “buy and hold,” this one's a winner. Prime Location: Steps from Chinook Centre, C-train station, shops, and dining. RMS MEASUREMENT DONE BY SONA VISUAL More details
    Listed by Real Estate Professionals Inc.
    DIANE RICHARDSON
  • 102 324 22 Avenue SW in Calgary: Mission Apartment for sale : MLS®# A2244683

    102 324 22 Avenue SW Mission Calgary T2S 0H4
    Main Photo: 102 324 22 Avenue SW in Calgary: Mission Apartment for sale : MLS®# A2244683
    $225,000
    Residential
    Status:
    Active
    MLS® Num:
    A2244683
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    519 sq. ft.
    This 520 sq.ft home is located in desirable and trendy Mission area. This cute condo is bright and cozy and features a modern kitchen, the open layout flows into a bright living room with floor-to-ceiling windows. French doors lead to a massive sunken patio that faces south and gets gorgeous light all day long. The bedroom is a good size and bathroom is stylish and sleek. This condo includes a laundry closet as a hall closet. Assigned parking stall. Building is pet friendly. You will be steps to some of the hottest eateries and shops in town, and just a few blocks to the Elbow River pathways. Great location and cozy home. Just move in and enjoy ! More details
    Listed by MaxWell Capital Realty
    DIANE RICHARDSON
  • 14 Birch Close: Olds Detached for sale : MLS®# A2245381

    14 Birch Close Olds Olds T4H 1M2
    Main Photo: 14 Birch Close: Olds Detached for sale : MLS®# A2245381
    $225,000
    Residential
    Status:
    Active
    MLS® Num:
    A2245381
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    954 sq. ft.
    Why rent when you can own? This fantastic opportunity offers true home ownership with no monthly lot fees, making it an ideal choice for first-time buyers, downsizers, or investors looking for value and long-term savings. Situated on a massive lot backing onto a beautiful green space, this property combines privacy, nature, and space—something rarely found at this price point. Step outside and enjoy the outdoors on your oversized deck, perfect for summer barbecues, morning coffee, or evening relaxation under the stars. The expansive yard offers endless possibilities—garden, play area, fire pit, or even space to build a garage(it will be the buyers responsibility to confirm the town of Olds will allow a garage to be built) or workshop. Inside, you'll find a bright and functional open-concept layout that makes the most of every square foot. The spacious living and dining areas flow seamlessly into the kitchen, creating a warm and inviting space ideal for everyday living and entertaining. With two comfortable bedrooms, there's room for a small family, guests, or a home office. This home is more than just a place to live—it's a smart investment in your future. With affordability, privacy, and a lot that you actually own, this property checks all the boxes. Don’t miss your chance to step into home ownership in a peaceful setting that feels like home the moment you arrive. More details
    Listed by Coldwell Banker Vision Realty
    DIANE RICHARDSON
  • 314 4944 Dalton Drive in Calgary: Dalhousie Apartment for sale : MLS®# A2240071

    314 4944 Dalton Drive Dalhousie Calgary T3A 2E6
    Main Photo: 314 4944 Dalton Drive in Calgary: Dalhousie Apartment for sale : MLS®# A2240071
    $239,000
    Residential
    Status:
    Active
    MLS® Num:
    A2240071
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    698 sq. ft.
    This well maintained 2-bedroom, 1-bathroom condo combines comfort, style, and convenience in a prime location. The west-facing balcony fills the space with natural light and offers stunning sunset views, while the layout—with only one shared wall—ensures exceptional privacy. Inside, enjoy a modern kitchen with updated countertops and backsplash, an open-concept living and dining area, a spacious storage room, and a bright 4-piece bathroom with ample cabinet space. The master bedroom features brand-new carpet, and the second bedroom overlooks the outdoor tennis court. The building offers fantastic amenities, including an indoor swimming pool, fitness center, secure indoor bike parking room and outdoor tennis court.. Just one block from the C-Train and close to shopping, parks, and green spaces, this condo is a rare find. More details
    Listed by First Place Realty
    DIANE RICHARDSON
  • 109 1000 Citadel Meadow Point NW in Calgary: Citadel Apartment for sale : MLS®# A2243939

    109 1000 Citadel Meadow Point NW Citadel Calgary T3G 5N5
    Main Photo: 109 1000 Citadel Meadow Point NW in Calgary: Citadel Apartment for sale : MLS®# A2243939
    $249,900
    Residential
    Status:
    Active
    MLS® Num:
    A2243939
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    708 sq. ft.
    Immaculate and affordable in desirable Citadel, Calgary. Perfect for first timer buyers, down sizers or the savvy investor. This HUGE 1 bedroom, 1 bathroom suite measures out at 707.90 sq.ft. of total living space. You’ll definitely feel the spaciousness as soon as you walk in. Backing WEST onto a beautiful greenbelt, you’ll love the privacy and views from your living room. This main floor unit also showcases a large patio with direct access to the green space, perfect for pet owners (allowed with board approval). The primary bedroom is EXPANSIVE and offers double closets and plenty of natural sunlight. The 4pc bathroom is around the corner and you’ll appreciate the convenience of in suite laundry and all the extra storage space in this unit. The kitchen boasts a functional layout with island and seamlessly transitions into your dining area and living area, which is also flooded with so much natural sunlight, often rare in an apartment. Need to work from home, you could easily add an office area to the living room. Well managed complex with a proactive board. Condo fees include all utilities, even electricity. Just set up internet, cable and phone and you’ll be set. Assigned parking stall is included, and the complex offers plenty of visitor stalls, along with street parking. St. Brigid School is located across the street with access to a huge park and baseball diamonds. Conveniently located adjacent to many bus routes (including the 138 route), with easy access to Stoney Trail, Country Hills Blvd and minutes to great restaurants, Crowfoot shopping centre, Costco and so many other bespoke amenities nearby. VIRTUAL TOUR AVAILABLE! More details
    Listed by Real Broker
    DIANE RICHARDSON
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Data was last updated August 4, 2025 at 02:05 PM (UTC)
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