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

118 Saddlelake Way NE
Saddle Ridge Calgary T3J 0J9

$885,000
Residential beds: 7 baths: 5.0 2,330 sq. ft. built: 2015

front
Photo 1: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
Photo 2: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
Photo 3: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
Photo 4: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
Photo 5: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
Photo 6: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
Photo 7: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
Photo 8: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
Photo 9: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
Photo 10: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
Photo 11: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
Photo 12: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
Photo 13: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
Photo 14: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
Photo 15: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
Photo 16: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
Photo 17: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
Photo 18: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
Photo 19: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
Photo 20: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
Photo 21: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2237262
Bedrooms:
7
Bathrooms:
5
Year Built:
2015
Welcome to this gem of a home perfectly located on a traditional lot in the heart of Saddleridge community. Brand new roof shingles and brand new carpet installed in June 2025. Rated one of the best communities in Calgary as of July 2025. This is a self contained community featuring endless dining options, all amenities, playgrounds and plenty of walking trails. This home features 7 bedrooms, 4 bathrooms and 1 half bathroom. Main floor features a bedroom and 2 separate living rooms with a fireplace in one of the living rooms. Upstairs you will find 2 master bedrooms, central bonus room with built in custom shelving and a laundry room. Two additional bedrooms and one full bathroom completes the second floor. The 2 bedroom illegal basement suite has a separate entrance with a living room, kitchen, full bathroom and separate laundry, providing the potential for a great mortgage helper. Walking distance to an elementary school, playground and shopping plaza. Fully fenced property with a beautiful deck that can be enjoyed all year round.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Suite - Illegal
Home Style:
2 Storey
Total Living Area:
2,330.17 sq. ft.
Main Level Finished Area:
991.1 sq. ft.
Upper Level Finished Area:
1,339.07 sq. ft.
Below Grade Finished Area:
919.03 sq. ft.
Lot Area:
3,562 sq. ft.
Lot Frontage:
9'7"
Front Exposure:
North
Floor Location:
Ground
Levels:
Two
Total Rooms Above Grade:
9
Year built:
2015 (Age: 10)
Bedrooms:
7 (Above Grd: 5)
Bedrooms Above Grade:
5
Bedrooms Below Grade:
2
Bathrooms:
5.0 (Full:4, Half:1)
Plan:
1510689
Heating:
Central, Fireplace(s), Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Laminate, Vinyl Plank
Cooling:
None
Fireplaces:
1
Fireplace Details:
Family Room, Gas, Other
Garage:
Yes
Garage Spaces:
2
Parking:
Concrete Driveway, Double Garage Attached, Driveway, Front Drive, Garage Faces Front, Parking Pad
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
Lower Level, Upper Level
Saddle Ridge
Convection Oven, Dishwasher, Dryer, Microwave, Range, Washer, Washer/Dryer, Window Coverings
Shed in the back yard
Restrictive Covenant, Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Living Room
12'9" × 12'
Main Floor
Bedroom
10'3" × 9'11"
Main Floor
Family Room
13'10" × 13'9"
Main Floor
Kitchen
14'2" × 9'3"
Main Floor
Breakfast Nook
10'3" × 8'
Upper Level
Bedroom - Primary
16' × 13'4"
Upper Level
Bedroom
10' × 9'6"
Upper Level
Laundry
8'9" × 5'11"
Upper Level
Bonus Room
13'5" × 10'3"
Upper Level
Bedroom
12'1" × 9'9"
Upper Level
Bedroom
18'10" × 11'9"
Upper Level
Walk-In Closet
9'3" × 6'
Basement
Kitchen
13' × 7'8"
Basement
Family Room
27'5" × 13'6"
Basement
Bedroom
13'9" × 12'
Basement
Bedroom
12' × 8'11"
Basement
Furnace/Utility Room
8'7" × 8'4"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
3' x 7'9"
Upper Level
Yes
5
12'10" x 9'5"
Upper Level
No
4
8' x 9'2"
Upper Level
Yes
4
9'10" x 5'11"
Basement
No
4
5'1" x 10'5"
Title to Land:
Fee Simple
Community Features:
Park, Schools Nearby, Shopping Nearby, Street Lights, Walking/Bike Paths
Interior Features:
Crown Molding, Separate Entrance, Soaking Tub, Walk-In Closet(s)
Exterior Features:
Balcony, Private Yard
Patio And Porch Features:
Deck, Enclosed
Lot Features:
Back Yard, Front Yard, Garden, Lawn, Low Maintenance Landscape
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NE
Zoning:
05
Listed Date:
Jul 16, 2025
  • Photo 1: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
    front
  • Photo 2: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
    Photo 2 of 21
  • Photo 3: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
    Photo 3 of 21
  • Photo 4: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
    Photo 4 of 21
  • Photo 5: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
    Photo 5 of 21
  • Photo 6: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
    Photo 6 of 21
  • Photo 7: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
    Photo 7 of 21
  • Photo 8: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
    Photo 8 of 21
  • Photo 9: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
    Photo 9 of 21
  • Photo 10: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
    Photo 10 of 21
  • Photo 11: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
    Photo 11 of 21
  • Photo 12: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
    Photo 12 of 21
  • Photo 13: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
    Photo 13 of 21
  • Photo 14: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
    Photo 14 of 21
  • Photo 15: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
    Photo 15 of 21
  • Photo 16: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
    Photo 16 of 21
  • Photo 17: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
    Photo 17 of 21
  • Photo 18: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
    Photo 18 of 21
  • Photo 19: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
    Photo 19 of 21
  • Photo 20: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
    Photo 20 of 21
  • Photo 21: 118 Saddlelake Way NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2237262
    Photo 21 of 21

Virtual Tour

Virtual Tour

Listed by Real Broker
Data was last updated August 14, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
180
Avg list price:
$561,500
Min list price:
$205,000
Max list price:
$7,000,000
Avg days on market:
46
Min days on market:
1
Max days on market:
282
Avg price per sq.ft.:
$382.88
These statistics are generated based on the current listing's property type and located in Saddle Ridge. 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.