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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Just Listed $1,000,000 Calgary Luxury Homes

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  • 2 431029 Range Road 261: Rural Ponoka County Commercial Land for sale : MLS®# A2093465

    2 431029 Range Road 261 Rural Ponoka County Rural Ponoka County T4J 1R4
    Main Photo: 2 431029 Range Road 261: Rural Ponoka County Commercial Land for sale : MLS®# A2093465
    $1,000,000
    Land
    Status:
    Active
    MLS® Num:
    A2093465
    Lot 2. Own a 10 acre parcel of commercial land in the heart of Central Alberta in the County of Ponoka. Build your new business in a newly created subdivision with several large well established companies in a nice industrial area. Dirt work has been brought up to sub grade with some services to the lot line. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 4913 16 Avenue SE in Calgary: Forest Lawn Full Duplex for sale : MLS®# A2242445

    4913 16 Avenue SE Forest Lawn Calgary T2A 0P1
    Main Photo: 4913 16 Avenue SE in Calgary: Forest Lawn Full Duplex for sale : MLS®# A2242445
    $1,000,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2242445
    Floor Area:
    1,957 sq. ft.
    Opportunity knocks with this duplex featuring a Duplex with a 4PLEX setup, 4 units in total - a rare and versatile cash-flowing property! Situated on a spacious 120’ x 68’ corner lot (over 8,000 SQFT) and zoned MC-1, this property is loaded with future redevelopment potential including infill, multi-unit, or mixed-use possibilities (all subject to city approval). Located just one block from vibrant International Avenue (17th Ave SE), tenants enjoy easy access to transit, shopping, restaurants, and schools. The property has a strong rental history with zero vacancy, previously generating $6,900/month in rental income with shared utilities. Recently updated on the 4915 side. Whether you're looking to hold for future development, generate cash flow, or reconfigure into a legal fourplex, the potential here is undeniable. Call for more details before it's GONE! More details
    Listed by Skyfort Estate
    DIANE RICHARDSON
  • 4 431029 Range Road 261: Rural Ponoka County Commercial Land for sale : MLS®# A2093467

    4 431029 Range Road 261 Rural Ponoka County Rural Ponoka County T4J 1R4
    Main Photo: 4 431029 Range Road 261: Rural Ponoka County Commercial Land for sale : MLS®# A2093467
    $1,000,000
    Land
    Status:
    Active
    MLS® Num:
    A2093467
    Lot 4. Own a 10 acre parcel of commercial land in the heart of Central Alberta in the County of Ponoka. Build your new business in a newly created subdivision with several large well established companies in a nice industrial area. Dirt work has been brought up to sub grade with some services to the lot line. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • Range Road 12: Rural Red Deer County Agriculture for sale : MLS®# A2213739

    Range Road 12 Rural Red Deer County Rural Red Deer County T4G 0M9
    Main Photo: Range Road 12: Rural Red Deer County Agriculture for sale : MLS®# A2213739
    $1,000,000
    Agri-Business
    Status:
    Active
    MLS® Num:
    A2213739
    Escape to nearly 99 acres of untouched serenity on the north bank of the Red Deer River, featuring close to a half-mile of pristine river frontage. Perfectly situated on the highway between Innisfail and Gleniffer Lake, this remarkable property offers unmatched privacy and endless recreational opportunities. Whether you're dreaming of building a secluded home, planning family camping trips, or seeking a peaceful vacation escape, this land delivers. With direct river access, the property is ideal for fishing, kayaking, and wildlife watching. Blaze your own path and create your own hiking trails across the diverse terrain, or enjoy hunting on your own private wilderness. The possibilities for adventure and solitude are yours to shape. No reservations required to a truly private retreat where nature, peace, and freedom meet. More details
    Listed by Century 21 Maximum
    DIANE RICHARDSON
  • Pt. SW-29-39-3-W4: Rural Provost No. 52, M.D. of Detached for sale : MLS®# A2061097

    Pt. SW-29-39-3-W4 Rural Provost No. 52, M.D. of Rural Provost No. 52, M.D. of T0B 3S0
    Main Photo: Pt. SW-29-39-3-W4: Rural Provost No. 52, M.D. of Detached for sale : MLS®# A2061097
    $1,000,000
    Residential
    Status:
    Active
    MLS® Num:
    A2061097
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    3,254 sq. ft.
    Welcome to your dream property! Nestled on 23.02 acres 10 minutes west of Provost , this exceptional property offers a perfect blend of luxury, functionality, and breathtaking natural beauty. Boasting a custom-built home, a spacious garage, numerous outbuildings, and exquisite landscaping, this property is an absolute haven for those seeking an idyllic country lifestyle. The heart of this home is the meticulously designed 3335 sq.ft. residence, featuring 5 bedrooms and 4 baths. The primary bedroom is a true retreat, complete with an immaculate walk-in closet and a lavish 5 pc. ensuite featuring a separate shower and a large double jacuzzi tub. The main level also hosts a large laundry, mudroom, and a convenient entry from the attached double heated garage. You will be captivated by the grandeur of the custom curved staircase leading to the second-level loft. The main living area and staircase boast stunning maple hardwood floors, adding warmth and elegance to the space. In the heart of the main floor's living area, a striking floor-to-ceiling fireplace serves as the focal point, exuding both warmth and architectural elegance. Crafted with meticulous attention to detail, this fireplace creates a cozy ambiance, inviting you to gather around it during those cold winter nights. Throughout the home, triple pane glazed windows flood the rooms with natural light while ensuring optimal energy efficiency. The kitchen is a chef's delight, showcasing beautiful cabinetry, a kitchen island with a built-in gas cooktop, and quartz countertops throughout. Prepare gourmet meals while visiting with family and friends in the adjacent dining room. Entertainment options abound in the walk-out basement, featuring a theatre room, games area, family room, a bedroom, and a well-appointed 4 pc. bath. Imagine hosting movie nights or gathering with friends and family in this fantastic space. Additionally, the walk-out basement offers hook-ups for an outdoor kitchen, perfect for summer BBQs and al fresco dining. The allure of this property extends beyond the main residence, with a host of exceptional amenities. A wrap-around deck, wired for Bluetooth capability, invites you to sip your morning coffee while immersing yourself in the awe-inspiring vistas of Hansmen Lake. A large 50 X 80 shop, complete with a full bathroom and a kitchen/office area, provides ample space for hobbies, storage, or a home-based business. A 24x28 cold storage shed with a metal roof offers additional storage options. For those with equestrian interests, a horse shelter and pasture are included, ensuring your beloved animals are well-cared for. The main yard is meticulously landscaped, creating a serene and inviting atmosphere. Don't miss the opportunity to make this exceptional property your own. Embrace the tranquility of rural living while enjoying the comforts of a luxurious home. Schedule your private viewing today and envision a future of endless possibilities in this remarkable acreage. Check out the virtual tour! More details
    Listed by RE/MAX BAUGHAN REALTY
    DIANE RICHARDSON
  • 6 431029 Range Road 261: Rural Ponoka County Commercial Land for sale : MLS®# A2093468

    6 431029 Range Road 261 Rural Ponoka County Rural Ponoka County T4J 1R4
    Main Photo: 6 431029 Range Road 261: Rural Ponoka County Commercial Land for sale : MLS®# A2093468
    $1,000,000
    Land
    Status:
    Active
    MLS® Num:
    A2093468
    Lot 6. Own a 10 acre parcel of commercial land in the heart of Central Alberta in the County of Ponoka. Build your new business in a newly created subdivision with several large well established companies in a nice industrial area. Dirt work has been brought up to sub grade with some services to the lot line. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 234 Marquis Point SE in Calgary: Mahogany Detached for sale : MLS®# A2242810

    234 Marquis Point SE Mahogany Calgary T3M 1M8
    Main Photo: 234 Marquis Point SE in Calgary: Mahogany Detached for sale : MLS®# A2242810
    $1,000,000
    Residential
    Status:
    Active
    MLS® Num:
    A2242810
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,258 sq. ft.
    Discover this highly coveted home, a true testament to pride of ownership, nestled in Mahogany – consistently one of Calgary's most desirable and family-oriented communities. This property, meticulously cared for and beautiful inside, showcases an immaculate presentation (10/10) with extensive upgrades found throughout. The outdoor space is a spectacular highlight; the backyard is truly a family dream, boasting one of the best yards in Mahogany, complete with a unique putting green for endless enjoyment. A sunny, south-facing deck provides a perfect setting for outdoor living and entertaining. Spanning 2,257 square feet, this residence features a thoughtfully designed, fully finished interior with four spacious bedrooms and three-and-a-half modern bathrooms. The fully developed basement further enhances the living space, offering versatility for every family's needs. Enjoy unparalleled access to Mahogany's signature amenities, with the tranquil wetlands just steps away and the expansive lake a short distance from your front door. This home offers an exceptional blend of sophisticated living and a vibrant community lifestyle. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 50 Masters Avenue SE in Calgary: Mahogany Detached for sale : MLS®# A2244129

    50 Masters Avenue SE Mahogany Calgary T3M 2B1
    Main Photo: 50 Masters Avenue SE in Calgary: Mahogany Detached for sale : MLS®# A2244129
    $1,000,000
    Residential
    Status:
    Active
    MLS® Num:
    A2244129
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,421 sq. ft.
    Step into this stunning 4-bedroom Trico built walkout home, offering over 3,300 sq ft of developed living space, and backing directly onto a peaceful pathway with direct access to the Mahogany wetlands—providing rare privacy and scenic views right in your own backyard. The fully fenced yard and elevated balcony make it easy to enjoy your morning coffee or take in breathtaking evening sunsets while overlooking one of the most desirable natural landscapes in the city. Inside, a grand front entry leads into a bright, open-concept main floor where expansive windows flood the kitchen, dining, and living areas with natural light. A central fireplace serves as a cozy focal point of the living room, while the kitchen features a quartz countertop island, generous counter space, and direct access to the upper balcony for effortless indoor-outdoor living. A smart walkaround layout connects seamlessly to the mudroom, attached garage, and convenient half-bath. Throughout the main floor, engineered hardwood flooring enhances the sense of flow and style. Upstairs, you'll find a spacious bonus room ideal for a media area or playroom, along with two additional bedrooms that share a full bath. The standout is the luxurious primary retreat, complete with high tray ceilings, a spa-inspired ensuite featuring a soaker tub, walk-in shower, double vanity, and a large walk-in closet. The fully finished walkout basement has been newly developed with modern style ~ which offers even more living space, including another generous great room with direct access to the backyard and the serene private pathway beyond which takes you through the various nature setting wetlands. You will also find a spacious additional bedroom with outdoor access, a 3-piece bathroom, and a built-in bar area—perfect for entertaining. For further comfort and convenience, the home has dual air-conditioning, perfect for year-round comfort! Located in the vibrant lake community of Mahogany, you can enjoy exclusive access to beaches, swimming, paddleboarding, and year-round recreation with skating as a winter seasonal hi light. With top-rated schools, shops, restaurants, and a lively community center nearby, Mahogany offers the perfect blend of nature, luxury, and convenience. More details
    Listed by RE/MAX Realty Professionals
    DIANE RICHARDSON
  • 7 431029 Range Road 261: Rural Ponoka County Commercial Land for sale : MLS®# A2093470

    7 431029 Range Road 261 Rural Ponoka County Rural Ponoka County T4J 1R4
    Main Photo: 7 431029 Range Road 261: Rural Ponoka County Commercial Land for sale : MLS®# A2093470
    $1,000,000
    Land
    Status:
    Active
    MLS® Num:
    A2093470
    Lot #7. Own a 10 acre parcel of commercial land in the heart of Central Alberta in the County of Ponoka. Build your new business in a newly created subdivision with several large well established companies in a nice industrial area. Dirt work has been brought up to sub grade with some services to the lot line. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 72 Sage Meadows Green NW in Calgary: Sage Hill Detached for sale : MLS®# A2233736

    72 Sage Meadows Green NW Sage Hill Calgary T3P 0X4
    OPEN HOUSE: Aug 10, 2025
    05:00 PM - 07:00 PM MDT
    Open House on Sunday, August 10, 2025 5:00PM - 7:00PM
    Main Photo: 72 Sage Meadows Green NW in Calgary: Sage Hill Detached for sale : MLS®# A2233736
    $1,000,000
    Residential
    Status:
    Active
    MLS® Num:
    A2233736
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    2,390 sq. ft.
    ***OPEN HOUSE - AUGUST 10, 5-7PM***Welcome to this PRISTINE, one-owner, FORMER MORRISON SHOW HOME offering an impressive 2,781 sqft of beautifully developed living space that truly looks and FEELS BRAND NEW! Perfectly situated in a highly desired location on the RIDGE AT SAGE MEADOWS, this home SIDES AND BACKS ONTO GREEN SPACE and offers PRIVACY, LUXURY, and convenience all in one. From the moment you step into the BRIGHT, EXPANSIVE GRAND FOYER with its soaring 18-foot ceiling, you'll be wowed by the attention to detail and extensive upgrades throughout. The open-concept layout is flooded with natural light thanks to TONS OF LARGE WINDOWS, highlighting the elegant 9’ ceilings, gorgeous hardwood floors, upgraded railing, and plush carpet throughout. The heart of the home features a chef’s dream kitchen with WHITE QUARTZ COUNTERTOPS, a LARGE QUARTZ ISLAND, high-end stainless steel appliances, gas cooktop, built-in oven, pull-out cabinet racks, and a good-sized pantry—all complemented by a handy tech centre for work or school and an elegant powder room. A SPACIOUS LIVING ROOM has a custom ceramic tile-surround fireplace with a mantle, and it opens into an ADDITIONAL FAMILY ROOM for tons of entertainment space. Upstairs, enjoy the versatile bonus room, convenient laundry room, two additional bedrooms, a 4-piece main bathroom and a luxurious primary retreat featuring a 5-piece spa-inspired ensuite with his & her sinks, a deep soaker tub, and a custom tiled stand-up shower and a walk-in closet. Step outside to enjoy not one but TWO DECKS - ideal for entertaining or relaxing. The PRIVATE BACKYARD offers the perfect oasis and with Trimlight outdoor lighting all around, you can create an inviting ambiance year-round. This home is loaded with features such as a HEATED & COOLED GARAGE with pot lights, CENTRAL A/C unit for year-round comfort, BRAND NEW SHINGLES AND DOWNSPOUTS, NEW COMFORT-HEIGHT TOILETS, upgraded tile, mudroom built-in bench, alarm system and tons of extra street parking. Enjoy the executive lifestyle with easy access to walking/biking paths, recreation, shopping, restaurants, and major roadways. This is a rare opportunity to own a SHOWHOME-QUALITY property in an UNBEATABLE LOCATION where there are only 74 homes in total and this is only the 10th home to become available in the last 5 years. This home truly has it all – come see the LUXURY, SPACE, AND STYLE for yourself! More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 5645 Lakeside Way: Innisfail Residential Land for sale : MLS®# A2212432

    5645 Lakeside Way Innisfail Innisfail T4G 0H4
    Main Photo: 5645 Lakeside Way: Innisfail Residential Land for sale : MLS®# A2212432
    $1,000,000
    Land
    Status:
    Active
    MLS® Num:
    A2212432
    **Endless Opportunity Awaits in Innisfail** Location truly makes all the difference, and this 6.57-acre parcel of prime land has it all! Situated directly across from the prestigious Innisfail Golf Course and conveniently located on Hwy 42 within town limits, this property is a golden opportunity to make your mark in one of Alberta's most charming and promising communities. Currently zoned R-3, the possibilities are vast. With town approval, you could develop single-family homes, spacious acreage lots, or even consider other creative projects. This land also boasts a unique feature—a Napoleon Lake frontage area, adding serene natural beauty and incredible potential to your vision. **Welcome to Innisfail** Innisfail offers an unbeatable blend of small-town charm, natural beauty, and modern convenience. From the renowned golf course to the vibrant local culture, parks, and recreational opportunities, Innisfail is the perfect backdrop for a development that enhances the community. Strategically located near major highways, the town is poised for growth and provides the perfect environment for new ventures. **Prime Land, Infinite Possibilities** Whether you're a developer, builder, or dreamer, this exceptional property offers a rare opportunity to create something truly special. With its incredible location and unique features, it’s more than just land—it’s the foundation of your next great project. More details
    Listed by RE/MAX real estate central alberta
    DIANE RICHARDSON
  • 34186 Township Road 240: Rural Rocky View County Detached for sale : MLS®# A2221957

    34186 Township Road 240 Rural Rocky View County Rural Rocky View County T3Z 2X7
    Main Photo: 34186 Township Road 240: Rural Rocky View County Detached for sale : MLS®# A2221957
    $1,000,000
    Residential
    Status:
    Active
    MLS® Num:
    A2221957
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,331 sq. ft.
    Embrace the best of country living just minutes from the city on this scenic 10-acre parcel in Rocky View County. Set well back from the road behind mature trees and fencing, this 3-bedroom bungalow offers privacy, tranquillity and sweeping views of the Rocky Mountains. Whether you’re starting your acreage journey or downsizing with room to roam, this property delivers the ideal rural lifestyle, with city convenience still within easy reach. Inside, the home has been freshly painted and features all-new plank flooring throughout. Oversized windows in the living and dining areas frame breathtaking mountain views and draw in natural light from dawn to dusk. A charming wood-burning stove set against a brick surround adds warmth and character, complemented by a wood-beam ceiling for a touch of rustic appeal. The kitchen offers functional space to make your own, while the open layout encourages easy flow for everyday life and casual entertaining. Three well-sized bedrooms are tucked down the hall, including a primary with a private 3-piece ensuite. A second 4-piece bath adds family-friendly convenience. The full basement remains undeveloped and ready for your vision. Step outside and experience the full potential of country living. The land is fenced and cross-fenced with a horse shelter and a mix of open pasture and tree shelter. The attached rear storage offers practical utility, while the orientation of the home captures panoramic mountain views and golden prairie sunsets. Located just a short drive from the Calgary city limits, this peaceful property offers space to grow, play, and unwind, with the benefit of proximity to shopping, services, and commuter routes. It is only a short 10 minute drive to Westhills Shopping Centre, with its multitude of shops, restaurants and entertainment. Whether you're looking for your first acreage or a manageable homestead close to the city, this is a rare opportunity to enjoy nature, views and potential on your terms. Water is trucked in to property! More details
    Listed by Real Estate Professionals Inc.
    DIANE RICHARDSON
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