Diane Richardson

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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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Bungalows for sale in Calgary with in-law suites

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  • 1509 Edmonton Trail NE in Calgary: Crescent Heights Detached for sale : MLS®# A2201707

    1509 Edmonton Trail NE Crescent Heights Calgary T2E 3L1
    Main Photo: 1509 Edmonton Trail NE in Calgary: Crescent Heights Detached for sale : MLS®# A2201707
    $350,000
    Residential
    Status:
    Active
    MLS® Num:
    A2201707
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    602 sq. ft.
    Are you interested in inner city living and a great location? This location offers easy access to downtown and Deerfoot Trail. A well priced Single Detached property in sought after Crescent Heights. Renovating the property or the corner lot with alley access offers a unique building site with M-CG zoning potential for a Mixed-Use rezoning subject to the city's approval. The quaint house layout offers 2 bedrooms, a full bath, living room, and a cozy kitchen with eating area on the main level. The lower level layout is a 1 bedroom, 3 piece bath with an open kitchen and living area. The roof and furnace was done in past updates. Call your favourite Realtor to get the opportunity started! More details
    Listed by First Place Realty
    DIANE RICHARDSON
  • 112 Dovertree Place SE in Calgary: Dover Semi Detached (Half Duplex) for sale : MLS®# A2234912

    112 Dovertree Place SE Dover Calgary T3H 5B1
    Main Photo: 112 Dovertree Place SE in Calgary: Dover Semi Detached (Half Duplex) for sale : MLS®# A2234912
    $398,893
    Residential
    Status:
    Active
    MLS® Num:
    A2234912
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    940 sq. ft.
    112 Dovertree Place SE | Nestled On A Quiet Street In The Community Of Dover, This Semi-Detached Bungalow Home Offers 2-Bedrooms & 1-Bath On Main Floor, Plus A Developed Basement, Kitchenette, 2-Bedrooms & A 4 PCE Bathroom & Additional Living Space | Great Value Close To Downtown Calgary | Located On A Quiet Street With Easy Access To Transit, Schools, Parks, & Major Routes Like Deerfoot Trail & 17 Avenue | No Interior Photos As Tenant Occupied | Currently Rented To One Tenant (Up & Down). More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 3804 Centre A Street NE in Calgary: Highland Park Detached for sale : MLS®# A2240103

    3804 Centre A Street NE Highland Park Calgary T3E 3A6
    Main Photo: 3804 Centre A Street NE in Calgary: Highland Park Detached for sale : MLS®# A2240103
    $429,000
    Residential
    Status:
    Active
    MLS® Num:
    A2240103
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    753 sq. ft.
    Here’s your chance to secure unmatched value in a sought-after, quiet cul-de-sac in the heart of the city. Whether you’re looking for a turnkey rental, multi-generational living, or a future redevelopment site, this fully updated legal suited bungalow checks every box! PROPERTY HIGHLIGHTS: 1) LEGAL basement suite with separate entrance 2)Separate laundry & kitchens on both levels 3) 2 bedrooms upstairs + 1 bedroom downstairs 4)2 full bathrooms, 2 living rooms, 2 dining rooms 5) Huge 2-tier walk-out deck rebuilt in 2016 6) Newer furnace & hot water tank (2017) 7) Ample parking & privacy in a quiet cul-de-sac UNBEATABLE LOCATION: 1) Minutes to Deerfoot Trail and Downtown core 2) Steps to Centre Street, schools, shops, and transit 3) Close to major bus routes: #3, #301 (Downtown), #300 (Airport) REDEVELOPMENT POTENTIAL: Located in a high-demand inner-city area with active infill developments nearby — this property offers strong long-term appreciation potential. Exciting News! A major real estate development project is launching nearby — an incredible once-in-a-lifetime opportunity for savvy investors. Buy now and benefit from future growth! Don’t miss out – book your private showing today! Whether you plan to rent out, live in, or rebuild, this is the one you’ve been waiting for! More details
    Listed by First Place Realty
    DIANE RICHARDSON
  • 35 Abingdon Road NE in Calgary: Abbeydale Detached for sale : MLS®# A2246489

    35 Abingdon Road NE Abbeydale Calgary T2A 6X5
    Main Photo: 35 Abingdon Road NE in Calgary: Abbeydale Detached for sale : MLS®# A2246489
    $439,990
    Residential
    Status:
    Active
    MLS® Num:
    A2246489
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    936 sq. ft.
    If you’ve been searching for a renovated bungalow on a wide R-CG lot with the potential for two suites and a separate entrance, single garage—this is the property you’ve been waiting for. This single-family home features 5 bedrooms (3 up, 2 down), 2 full bathrooms, and an illegal suite with its own separate entrance and laundry—offering immediate rental income or multi-generational living options. Brand-new Kitchen Appliances installed in the upstairs kitchen. Brand New Washer and 2 years old Dryer upstair. Updated around 2016 with a modern kitchen, bathrooms, flooring, light fixtures, and windows. The roof was replaced in around 2015. The basement kitchen was renovated in 2024, including the installation of new appliances. The fully developed basement boasts new egress windows, making it ready for conversion to a legal secondary suite. Zoning is R-CG, allowing for maximum flexibility and future redevelopment potential. Enjoy low operating costs with a high-efficiency furnace and hot water tank (installed approx. 5 years ago). The home’s optimal supply air and return air configuration ensures balanced heating and comfort on both levels. The single detached garage is conveniently connected to the side entrance, perfect for suite or tenant access. The large lot provides ample outdoor space and future development options. Steps away from Abbeydale School, playgrounds, just minutes’ walk to shopping, transit, and community amenities. Quick 3-minute drive to Stoney Trail, 7minutes to Marlborough Mall, and under 15 minutes to downtown Calgary—ensuring strong rental demand and convenience for all occupants. Whether you’re looking to maximize cash flow, house-hack by living upstairs and renting the basement, or invest in Calgary’s growing rental market, this property delivers unmatched value and flexibility. More details
    Listed by Royal LePage Blue Sky
    DIANE RICHARDSON
  • 143 Falton Drive NE in Calgary: Falconridge Semi Detached (Half Duplex) for sale : MLS®# A2242592

    143 Falton Drive NE Falconridge Calgary T3J 1W7
    Main Photo: 143 Falton Drive NE in Calgary: Falconridge Semi Detached (Half Duplex) for sale : MLS®# A2242592
    $449,900
    Residential
    Status:
    Active
    MLS® Num:
    A2242592
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    990 sq. ft.
    Introducing this BEAUTIFULLY UPDATED bungalow-style semi-detached home in the heart of Falconridge. This exceptional property features a fully finished two-bedroom illegal basement suite. Upon arrival, you are greeted by a freshly painted interior and new laminate flooring throughout, enhancing the home’s bright and inviting atmosphere. The main level offers a spacious family room, a well-appointed kitchen, three bedrooms, one 4-piece bathroom, and a 2-piece ensuite. The lower level features a sizable family room—ideal for relaxation—along with two comfortable bedrooms, a 4-piece bathroom, and a laundry room. This home is ideally located within walking distance to parks and several schools. Don’t miss the opportunity to own this bungalow-style home with an income-generating basement. RECENT UPDATES include: newer paint, laminate flooring, newer roof, and new basement windows. More details
    Listed by Royal LePage Blue Sky
    DIANE RICHARDSON
  • 6060 Madigan Drive NE in Calgary: Marlborough Park Detached for sale : MLS®# A2234032

    6060 Madigan Drive NE Marlborough Park Calgary T2A 5P8
    Main Photo: 6060 Madigan Drive NE in Calgary: Marlborough Park Detached for sale : MLS®# A2234032
    $452,000
    Residential
    Status:
    Active
    MLS® Num:
    A2234032
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    980 sq. ft.
    COURT ORDERED SALE! HANDYMAN SPECIAL WITH LOTS OF POTENTIAL!! Fully Developed Bungalow in the heart of Marlborough Park. Located on a great street across from the school, parks & playground. Main floor layout features a large living room, kitchen, 4 pc bathroom and 3 bedrooms. The lower level has a separate entrance leading to an ILLEGAL 2 bedroom basement suite the a spacious rec room, 2nd kitchen, 4 pc bathroom and 2 additional bedrooms. The large backyard features a deck and an oversized 2 car garage (30x20) with additional room for 2 cars to park beside or can be used for parking a trailer, boat or RV. There is a new roof on the main part of the house. This home requires a lot of work but also has lots of potential. More details
    Listed by Charles
    DIANE RICHARDSON
  • 5435 Valentine Crescent SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2243198

    5435 Valentine Crescent SE Penbrooke Meadows Calgary T2A 2K8
    Main Photo: 5435 Valentine Crescent SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2243198
    $475,000
    Residential
    Status:
    Active
    MLS® Num:
    A2243198
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,084 sq. ft.
    Welcome to Valentine Crescent - one of the most pristine "pride of ownership" streets in Penbrooke Meadows! Offered for the first time on the market in decades, this perfect example of a solid mid-century bungalow has so much to offer its new owners including an illegal SUITE in the basement. Situated on a large rectangular lot offering both a beautiful front and back yard, the upper level of this charming home features original red oak hardwood floors, a renovated bathroom, 3 full bedrooms and a suite of stainless steel appliances in the kitchen. Below, and accessed by a SEPARATE ENTRANCE from the rear/backyard door, a SECOND FULL KITCHEN is found (including dishwasher!), along with two more spacious bedrooms and a large living room in between. Note that NEW Washer and Dryer have just been installed. Live up and rent below, or this could be an ideal set up for other family members looking to downsize and share living costs. The massive SUNNY SOUTH facing backyard not only has plenty of room to enjoy everything Calgary’s weather has to offer, but you’ll also find a mechanic’s dream garage! This HEATED 26x24 oversized double car garage is the perfect spot to safely park your rides or work on those projects. A large parking area right next to it is ideal for additional vehicles or even an RV or boat. Located only steps away from the many shops and restaurants of 17th/International Ave, and walking distance to schools and even beautiful Elliston Park, you’ll love being able to watch the yearly fireworks of GlobalFest so close to home! This home will NOT last so be sure to visit as soon as you can! More details
    Listed by Stonemere Real Estate Solutions
    DIANE RICHARDSON
  • 2103 72 Avenue SE in Calgary: Ogden Detached for sale : MLS®# A2245145

    2103 72 Avenue SE Ogden Calgary T2C 0G3
    Main Photo: 2103 72 Avenue SE in Calgary: Ogden Detached for sale : MLS®# A2245145
    $479,900
    Residential
    Status:
    Active
    MLS® Num:
    A2245145
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    904 sq. ft.
    4 Bedrooms | 2 Bathrooms | Green Space | Finished Basement | Separate Entrance. Beautifully updated home in quiet Ogden community. Discover this inviting 4-bedroom, 2-bathroom gem nestled on a spacious lot with open green space right out front. Step inside to find a bright and functional layout, including a finished basement illegal suite with a separate entrance and second kitchen. Enjoy the peace and privacy of a quiet neighborhood while being just minutes from schools, parks, shopping, and transit. Don't miss your chance to own this versatile and well-located home—book your showing today! More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 1117 36 Street SE in Calgary: Albert Park/Radisson Heights Semi Detached (Half Duplex) for sale : MLS®# A2244689

    1117 36 Street SE Albert Park/Radisson Heights Calgary T2A 1C1
    Main Photo: 1117 36 Street SE in Calgary: Albert Park/Radisson Heights Semi Detached (Half Duplex) for sale : MLS®# A2244689
    $497,500
    Residential
    Status:
    Active
    MLS® Num:
    A2244689
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    999 sq. ft.
    RENOVATED HALF DUPLEX IN ALBERT PARK WITH TONS OF GREAT FEATURES - AMAZING STARTER HOME / INVESTMENT PROPERTY - 2 BEDROOM ILLEGAL SUITE WITH UPDATES - SEPARATE ENTRANCE - SEPARATE LAUNDRIES - BRAND NEW CONCRETE PARKING PAD IN THE REAR - BACK LANE ACCESS - NEW EXTERIOR PAINT AND SOME NEW WINDOWS - APPROXIMATELY 10 MINUTES TO DOWNTOWN CALGARY - EASY ACCESS TO ALL THE AMENITIES ON INTERNATIONAL AVENUE & THE LINE UP OF STORES IN MARLBOROUGH (ALONG 36 ST NE) - EASY ACCESS TO TRANSIT, SCHOOLS & PARKS - Offering 1800+ SQFT of luxurious living space with 5 bedrooms, 2 FULL baths and BRAND NEW CONCRETE PARKING PAD - The main level offers a spacious family room with a large window, kitchen with stainless steel appliances, dining, FULL bath and 3 bedrooms! The illegal suite in the basement has its own SEPARATE ENTRANCE and features a rec/living room, kitchen with updated appliances and updated cabinetry, NEW FULL BATH and 2 well sized bedrooms! Some of the landscaping in the backyard has been refreshed with sod and newer fencing; the home also boasts NEW EXTERIOR PAINT. Another HIGHLIGHT OF THIS HOME IS THE LOCATION - close proximity to Downtown YYC, easy access to major roads such as International Ave (17 Ave SE), Memorial Drive and Deerfoot Trail; public transportation included! LOTS OF POTENTIAL WITH THIS HOME - LIVE UP & RENT DOWN OR USE IT AS AN INVESTMENT PROPERTY AND RENT OUT BOTH SPACES! Call your favourite realtor for a viewing today! More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 183 Penbrooke Close SE in Calgary: Penbrooke Meadows Semi Detached (Half Duplex) for sale : MLS®# A2220335

    183 Penbrooke Close SE Penbrooke Meadows Calgary T2A 3N9
    Main Photo: 183 Penbrooke Close SE in Calgary: Penbrooke Meadows Semi Detached (Half Duplex) for sale : MLS®# A2220335
    $499,000
    Residential
    Status:
    Active
    MLS® Num:
    A2220335
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    999 sq. ft.
    Investors and First time home Buyers Alert! This spacious half duplex boasts 5 generously sized bedrooms and 2 full bathrooms. Offering exceptional value and income potential. With a well thought out layout that easily accommodates large families or tenants, this property is an ideal addition to any portfolio. The upper and lower levels provide flexible living arrangements. Situated in a desirable, well connected neighbourhood close to schools, public transport, parks, and shopping, this home is sure to be the perfect rental performer as well as great home to settle down in. Whether you are looking to live up and rent down, or have it as a full investment, DO NOT miss this rare opportunity to own a property with endless potential! More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 2602 44 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2239922

    2602 44 Street SE Forest Lawn Calgary T2B 1J6
    Main Photo: 2602 44 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2239922
    $499,500
    Residential
    Status:
    Active
    MLS® Num:
    A2239922
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    984 sq. ft.
    Looking for a new home and or investment property, please check out this brand new listing that just hit the market. It has had many upgrades and yes a brand new roof has just happened. This home features a large living room and a huge kitchen and three spacious bedrooms on the main floor plus a 4 piece bath, tile floors in the kitchen and hardwood floors through out. The kitchen cabinets and counter tops have been upgraded as have the windows. The lower level features a illegal two bedroom suite, three piece bathroom, upgraded HE furnace and upgraded electrical panel and a shared laundry room. The illegal suite has a large living room and quite a large bedroom plus a full kitchen and good appliances. The second bedroom is being used as a office . The previous tenants have just moved out and so the house has had a complete overhaul, deep cleaning, fresh paint, etc. totally move min ready .The lot is huge, 5875 square feet, perfect for redevelopment in the future. Forest Lawn is being rediscovered as a good investment area and as a place to find a truly affordable home to live in and enjoy the many amenities that are nearby, schools galore, parks, shopping and restaurants, very good transit service and quite close into downtown plus Chestermere Lake recreation area is very close by . PLease come and have a look. Very quick possession possible. More details
    Listed by Calgary West Realty
    DIANE RICHARDSON
  • 6422 Ranchview Drive NW in Calgary: Ranchlands Row/Townhouse for sale : MLS®# A2227997

    6422 Ranchview Drive NW Ranchlands Calgary T3G 1A1
    Main Photo: 6422 Ranchview Drive NW in Calgary: Ranchlands Row/Townhouse for sale : MLS®# A2227997
    $499,981
    Residential
    Status:
    Active
    MLS® Num:
    A2227997
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,079 sq. ft.
    No CONDO FEES! Welcome to your new move-in ready well maintained 4 bed 2 bath 2 laundry home, complete with an illegal suite right across the street from the bus stop. You will love Its family friendly neighbourhood of Ranchlands and appreciate overlooking a playground right outside your backyard. The $50,000 project of the retaining wall & fencing & new sod were just completed in 2025. You will love having so much privacy & space. You will also appreciate the enormous 30’ X 6’ covered deck for friends & family gatherings. Your new home comes complete with 2 full kitchens, 2 full bathrooms and 2 full & separate laundry areas. Your well maintained & good-sized home has 3 bedrooms on the main, the master comes complete with a newer window & a huge walk-in closet. A completely separate entrance to the lower level. . You will appreciate all the storage in the home. Do not forget 3- parking stalls at the back and plenty of street parking available. The home has been freshly painted both inside and out in 2025. The hot water tank was replaced in 2024. You can just move in and enjoy the whole summer. Come in today, before this hidden gem is scooped up. COMMUNITY: Ranchlands is a serene residential neighborhood located in the northwest quadrant of Calgary, Alberta. Established in 1977 after being annexed to the City of Calgary in 1961, It has grown to become a vibrant community, offering a blend of residential amenities and natural beauty. The community is geographically positioned with John Laurie Boulevard to the north, Sarcee Trail to the east, Crowchild Trail to the south, and Nose Hill Drive to the west. It is family oriented with 12 parks & playgrounds and an abundance of day cares and close to the Crowfoot LRT with plenty of amenities & shopping along with great access to the university. DID YOU KNOW: Ranchlands Park is in the community of Ranchlands It occupies about 12 hectares. The park was established when the community was developed in the 1970s. Hobnob amidst the knobs and kettles. This parkland was set aside to maintain a sense of "ranch land" for residents in the surrounding community. Fortunately, the park also preserves geological features called "knobs and kettles." Much of northwest Calgary was once a field of knobs and kettles but Ranchlands Park is among the last remnants left in a natural state. The knobs, which are small, rounded hilltops and the kettles, which are depressions formed in glacial deposits when a buried block of ice, left behind by a retreating glacier melt, form a field of steeply undulating hills. 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)
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