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

221 5 Avenue NE
Crescent Heights Calgary T2E 0K7

$749,900
Residential beds: 2 baths: 1.0 740 sq. ft. built: 1912

Main Photo: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 1: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 2: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 3: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 4: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 5: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 6: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 7: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 8: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 9: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 10: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 11: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 12: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 13: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 14: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 15: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 16: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 17: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 18: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 19: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 20: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 21: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 22: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 23: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 24: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 25: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 26: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 27: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 28: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 29: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 30: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 31: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 32: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 33: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 34: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 35: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 36: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 37: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 38: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 39: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 40: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 41: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 42: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Photo 43: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2231571
Bedrooms:
2
Bathrooms:
1
Year Built:
1912
Welcome to 221 5th Avenue NE... A rare opportunity in one of the most coveted inner-city enclaves of Calgary's Crescent Heights.... This charming 1912 character home sits on a spectacular 4,500 sq. ft. lot, perfectly perched on the preferred side of the street with sweeping, unobstructed views of downtown. Beautifully maintained and full of warmth and original detail, this home is the perfect entry point into the community — whether you're a first-time buyer looking for something truly charming and special or someone searching for the ideal setting to build a dream home. Inside, the home is inviting and full of personality, with hardwood floors, vintage architectural touches, and a cozy layout that’s just bursting with charm. The detached garage offers added convenience and functionality, while the lush backyard and level lot, with alley access, provides the perfect place to relax, entertain or build.... Obviously, what truly sets this property apart is its location; views that go forever, literal steps from iconic Rotary Park, a short walk to downtown Calgary, the Bow River pathway system, and a vibrant mix of community shops, cafes, community centres and everything else that comes with this neighbourhood. It’s an idyllic and aspirational setting — quiet and residential, yet deeply connected to the heartbeat of the city. Whether you're drawn to the potential of the lot, the character of the home, or the lifestyle of the location, this is a once-in-a-generation offering. If you’ve been dreaming of building that forever home but waiting for the perfect site — this is the one. Don’t miss your chance to own a piece of Calgary’s heritage in a truly unbeatable setting.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bungalow
Total Living Area:
739.7 sq. ft.
Main Level Finished Area:
739.7 sq. ft.
Lot Area:
4,499 sq. ft.
Lot Frontage:
37'4½"
Front Exposure:
North
Levels:
One
Total Rooms Above Grade:
6
Year built:
1912 (Age: 113)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
1332N
Heating:
Baseboard
Basement:
Full, Partially Finished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Other
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Hardwood, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
Yes
Garage Spaces:
1
Parking:
Single Garage Detached
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Crescent Heights
Refrigerator, Stove(s)
NA
None Known
Floor
Type
Size
Other
Main Floor
Living Room
15' × 9'11"
Main Floor
Kitchen
17'6" × 12'7"
Main Floor
Dining Room
10'1" × 8'5"
Main Floor
Bedroom - Primary
9'8" × 9'
Main Floor
Bedroom
10'3" × 7'4"
Main Floor
Foyer
9' × 8'3"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'7" x 9'10"
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby
Interior Features:
Crown Molding, See Remarks
Exterior Features:
Other
Patio And Porch Features:
Other
Lot Features:
Front Yard, Garden, Landscaped, Lawn, Private, Rectangular Lot, See Remarks
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
Jun 16, 2025
  • Photo 1: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 1 of 43
  • Photo 2: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 2 of 43
  • Photo 3: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 3 of 43
  • Photo 4: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 4 of 43
  • Photo 5: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 5 of 43
  • Photo 6: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 6 of 43
  • Photo 7: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 7 of 43
  • Photo 8: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 8 of 43
  • Photo 9: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 9 of 43
  • Photo 10: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 10 of 43
  • Photo 11: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 11 of 43
  • Photo 12: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 12 of 43
  • Photo 13: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 13 of 43
  • Photo 14: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 14 of 43
  • Photo 15: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 15 of 43
  • Photo 16: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 16 of 43
  • Photo 17: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 17 of 43
  • Photo 18: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 18 of 43
  • Photo 19: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 19 of 43
  • Photo 20: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 20 of 43
  • Photo 21: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 21 of 43
  • Photo 22: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 22 of 43
  • Photo 23: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 23 of 43
  • Photo 24: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 24 of 43
  • Photo 25: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 25 of 43
  • Photo 26: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 26 of 43
  • Photo 27: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 27 of 43
  • Photo 28: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 28 of 43
  • Photo 29: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 29 of 43
  • Photo 30: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 30 of 43
  • Photo 31: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 31 of 43
  • Photo 32: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 32 of 43
  • Photo 33: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 33 of 43
  • Photo 34: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 34 of 43
  • Photo 35: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 35 of 43
  • Photo 36: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 36 of 43
  • Photo 37: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 37 of 43
  • Photo 38: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 38 of 43
  • Photo 39: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 39 of 43
  • Photo 40: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 40 of 43
  • Photo 41: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 41 of 43
  • Photo 42: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 42 of 43
  • Photo 43: 221 5 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2231571
    Photo 43 of 43
Listed by CIR Realty
Data was last updated August 4, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
53
Avg list price:
$374,800
Min list price:
$169,000
Max list price:
$2,390,000
Avg days on market:
45
Min days on market:
7
Max days on market:
193
Avg price per sq.ft.:
$535.57
These statistics are generated based on the current listing's property type and located in Crescent Heights. 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.