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.

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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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Bungalows for sale in Elbow Park Calgary

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  • 601 30 Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2195917

    601 30 Avenue SW Elbow Park Calgary T2S 0P5
    Main Photo: 601 30 Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2195917
    $879,000
    Residential
    Status:
    Active
    MLS® Num:
    A2195917
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    1,160 sq. ft.
    Situated on a prime 50’ x 100’ corner lot across from the Elbow River, this property offers an unparalleled location with shopping, dining, and recreation just steps away. Whether you're looking for a move-in-ready home, a rental investment, or the perfect place to build your dream residence, this opportunity is one you won’t want to miss. The existing renovated bungalow is solid and comfortable, making it an excellent option for immediate occupancy or as a revenue property while you plan your future build. Nestled within walking distance to the trendy Mission district, scenic walking paths, lush gardens, and the exclusive Glencoe Club (just one block away), this location embodies the best of urban living while staying connected to nature. What truly sets this property apart is its extraordinary potential. Surrounded by stunning million-dollar homes, this lot presents an exceptional opportunity to design and build a custom dream home in one of Calgary’s most prestigious and sought-after communities. The corner lot placement and proximity to the river offer endless possibilities for a home that maximizes both functionality and beauty. Don't miss your chance to secure this rare and coveted location in Elbow Park—a property with both immediate appeal and long-term value. Your future starts here! More details
    Listed by Century 21 Masters
    DIANE RICHARDSON
  • 714 Riverdale Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2239511

    714 Riverdale Avenue SW Elbow Park Calgary T2S 0Y3
    Main Photo: 714 Riverdale Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2239511
    $7,800,000
    Residential
    Status:
    Active
    MLS® Num:
    A2239511
    Bedrooms:
    4
    Bathrooms:
    5
    Floor Area:
    3,343 sq. ft.
    A rare offering where modern architecture & meticulous execution meet on one of Elbow Park’s most prized riverfront lots. Situated on a coveted tree-lined street steps from river pathways, parks, top schools, vibrant restaurants & the downtown core, this is a once-in-a-lifetime opportunity to own one of Calgary’s most architecturally significant homes—a perfect harmony of design, craftsmanship, & location.Thoughtfully designed by award winning architect Mark Burkart and custom built by Mission Custom Homes, this extraordinary residence offers over 6,600 sq ft of refined living space. The design is quietly sophisticated, blending natural materials & light-filled spaces to create a home of remarkable beauty & comfort. The exterior, clad in warm silver-to-charcoal Saint Marc limestone, copper roofing, and Meranti hardwood soffits lends a sense of permanence and quiet strength evoking the spirit of a small modern museum. A front courtyard with a tranquil reflecting pool invites you into the home, while the rear terrace creates a serene outdoor retreat overlooking the Elbow River. Inside, elegant proportions and rich finishes create an atmosphere of understated luxury. Soaring 19' ceilings define the great room, where a monumental limestone fireplace serves as a stunning focal point. A 30' retractable glass wall opens entirely to a heated limestone terrace with phantom screens, infrared heaters, & built-in speakers, perfect for year-round enjoyment and effortless indoor-outdoor living. The chef’s kitchen is both functional & striking, featuring custom tigerwood cabinetry, a cantilevered 13’ Caesarstone island, and top-of-the-line Gaggenau and Miele appliances. A walk-in pantry, wet bar, & seamless flow to the dining area make the space ideal for entertaining or everyday living. The primary suite is a private riverside sanctuary with floor-to-ceiling windows, silk wall coverings, & heated marble floors. Its spa-caliber ensuite offers Bianca Carrera marble, a steam shower, a freestanding tub & a walk-in closet with custom cabinetry. Two exceptional home offices, a beautifully appointed laundry room, & an exquisite powder room complete the main floor. The lower level continues the home’s thoughtful design with a floating oak staircase, spacious family/rec room anchored by a stunning four-sided limestone fireplace, three bedrooms each with a full ensuite, a professional-grade gym, a custom wine room & a 12-foot wet bar. Radiant in-floor heating & elevator access ensure comfort & convenience on every level. Advanced mechanical and smart home systems provide comfort & security, Crestron AV, Lutron lighting, triple-pane Lowen windows, a heated driveway, Viessmann boilers, a water filtration system, & backup generator. Professionally landscaped, the outdoor living spaces include three distinct patio areas: a limestone-encased hot tub, a rundle stone firepit patio surrounded by lush perennial gardens & built-in BBQ area. More than a home, this residence is about a lifestyle. More details
    Listed by Real Estate Professionals Inc.
    DIANE RICHARDSON
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Data was last updated August 11, 2025 at 02:05 PM (UTC)
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.