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.

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BUNGALOWS FOR SALE FOREST LAWN CALGARY

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1-12/22
  • 2423 39 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2204059

    2423 39 Street SE Forest Lawn Calgary T2B 1A8
    Main Photo: 2423 39 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2204059
    $519,900
    Residential
    Status:
    Active
    MLS® Num:
    A2204059
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    988 sq. ft.
    Double Garage | 5 Beds 2 Baths | Illegal Basement Suite | Move in Ready | Large Lot | Welcome to 2423 39 St SE, a delightful 5 bedroom, 2 bathroom home nestled in the heart of the vibrant Forest Lawn community. This bungalow has been thoroughly renovated from top to bottom and make is ready to move in. Lots of updates have been made, including fresh paint for the house and garage, brand new vinyl flooring throughout the house, beautiful lights in the kitchen, newer laundry set on main floor. Basement has a separate side entrance, kitchen, 2 bedrooms, the washroom has a jet tub for truly relaxing experience. The house also comes with an attached sunroom overlooking the backyard, providing more space to enjoy the quality time with family/friends. Located in a prime location, this house is close to everything: schools and bus are within 3 mins walking, Franklin LRT train station is 7mins drive, 3 mins to the closet medical clinic as well as other grocery stores. This is a must-see, book your private showing today. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 2236 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2190499

    2236 47 Street SE Forest Lawn Calgary T2B 1L6
    Main Photo: 2236 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2190499
    $524,900
    Residential
    Status:
    Active
    MLS® Num:
    A2190499
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,054 sq. ft.
    This detached home will be of interest to new Investor looking to increase their number of retal units. This home has good Cash Flow for investors and first time owner with interest in getting experience and involvement in Real Estate Rental business. the long term existing tenants are willing to stay and new owners might take immediate possession if the Buyer assumes existing tenants.. The four separate living units in this grande fathered Non conforming illegal units generates good monthly revenue and has potential for more, should the rent be adjusted to current monthly rent of similar suites in the city. There are One Two-Bedroom and One Bachelor suites on the Mainfloor and the basement has One One-bedroom and One Bachelor suites. Every suite has one 4-piece bathroom. three suites has full functional kitchens with fridge and stoves. Other features of the property, with Southwest facing frontage are paved two RV Parking stall which may be coveeted to Four Cars parling stalls. The backyard is dominated with a massive Garage/Workshop that boasts a 10 foot Single garage door, a second floor Office/Mezzani that was once an Upholstry?Antique Furniture workshop. The potential for more income generation is huge with some TLC ; to take care of some deferred maintenance that exist in the property. More details
    Listed by Elephant Realty Services
    DIANE RICHARDSON
  • 1827 43 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2187114

    1827 43 Street SE Forest Lawn Calgary T2B 1H1
    Main Photo: 1827 43 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2187114
    $525,000
    Residential
    Status:
    Active
    MLS® Num:
    A2187114
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    857 sq. ft.
    MC-1 LOT | 50 x 121 FOOT LOT | Development Opportunity | Attention builders and developers! This is a rare opportunity to acquire a prime piece of MC-1 land in the bustling city of Calgary, with the potential for multi-family development. Located just a minute walk away from the vibrant 17th Avenue, one of Calgary’s most dynamic and amenity-rich areas. Enjoy easy access to a plethora of shops, restaurants, cafes, and essential services, all just a short walk away! With the ongoing development and revitalization of the surrounding area, this property is a solid investment opportunity with potential for growth. More details
    Listed by URBAN-REALTY.ca
    DIANE RICHARDSON
  • 1511 43 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2201176

    1511 43 Street SE Forest Lawn Calgary T2A 1M3
    Main Photo: 1511 43 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2201176
    $529,000
    Residential
    Status:
    Active
    MLS® Num:
    A2201176
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    912 sq. ft.
    Investor Alert - 6092 sqfeet - RCG - Welcome to 1511 43 Street SE, a fantastic investment opportunity or a perfect home for a growing family! This bungalow sits on a spacious 6,000+ sq. ft. lot in a well-established neighborhood. Key Features: 4 Bedrooms, 2 Full Bathrooms – Three bedrooms on the main level, plus an additional bedroom and den in the basement. Illegal Basement Suite – With a separate entrance Single Detached Garage – Conveniently located at the back of the property. Beautiful Yard – A large, private outdoor space perfect for gardening or relaxation. Located in a family-friendly community, this home is just minutes from schools, parks, shopping, and transit. Enjoy easy access to International Avenue (17th Ave SE), grocery stores, restaurants, and major roadways like Deerfoot Trail and Stoney Trail. Don’t miss out on this versatile property with end! Contact us today for a private showing! More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 4612 Fortune Road SE in Calgary: Forest Heights Detached for sale : MLS®# A2205604

    4612 Fortune Road SE Forest Heights Calgary T2A 2A8
    Main Photo: 4612 Fortune Road SE in Calgary: Forest Heights Detached for sale : MLS®# A2205604
    $539,900
    Residential
    Status:
    Active
    MLS® Num:
    A2205604
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    977 sq. ft.
    REDUCED TO SELL!!!. Welcome to a well maintain and well located bungalow, this fully developed bungalow is move in ready, and has undergone renovation over the past years including an upgraded kitchen with upgraded cabinets, updated baseboards, updated main bath, vinyl plank flooring throughout, 3 bedrooms up and sliding patio doors lead from the dining area to the rear large backyard deck, including easy-maintenance yard features, which is ideal for entertainment, and lots of room for the kids to hangout. The finished basement features a shared common laundry and offers a separate entrance to the basement, huge rec room/family living room, beautiful 5 piece spa quality bath accented with double sink vanity, 6' jetted tub and vinyl plank flooring. High efficiency furnace and hot water tank. The massive yard allows for future RV storage. Close to schools, transit and shopping. A must see. More details
    Listed by D Gees Realty Inc.
    DIANE RICHARDSON
  • 2617 43 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2200856

    2617 43 Street SE Forest Lawn Calgary T2B 1H6
    Main Photo: 2617 43 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2200856
    $549,000
    Residential
    Status:
    Active
    MLS® Num:
    A2200856
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,071 sq. ft.
    Open House This Sunday April 6th from 1- 2:30 pm. Endless possibilities await you in the heart of Forest Lawn! Nestled in a vibrant and family-friendly community, this charming bungalow presents an exceptional opportunity for investors, developers, or homeowners seeking a place to make their own. Step inside and discover a well-designed layout that features three spacious bedrooms upstairs and a fully developed basement with a separate entrance. The basement boasts a cozy wood-burning fireplace, the perfect spot to unwind after a long day. Hardwood flooring beneath the laminate adds timeless character to this solidly built home. The main features include a spacious living room, kitchen, and dining room area, all with ample room for entertaining. The lower level features a fourth bedroom, a family room with a wood-burning fireplace, a 4 piece bathroom, and plenty of storage space. The garage roof and door were upgraded (2016), a brand-new deck was added (2024). The oversized single detached garage has gas and electrical outlets and ample parking, with a front driveway that can fit two cars and double parking in the back. The bungalow’s prime location near schools, restaurants, and amenities, coupled with its future development potential, makes it more than just a home—it’s an investment in your future. Whether you plan to live, rent, or build, this bungalow offers the perfect opportunity for you. More details
    Listed by RE/MAX Real Estate (Mountain View)
    DIANE RICHARDSON
  • 2211 43 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2200530

    2211 43 Street SE Forest Lawn Calgary T2B 1H4
    Main Photo: 2211 43 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2200530
    $549,999
    Residential
    Status:
    Active
    MLS® Num:
    A2200530
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    1,148 sq. ft.
    Attention Builders and investors - WELCOME to this R-CG 50x122 ft Lot in the heart of forest lawn.This 1148 Sq Ft home with Double detached Car Garage is perfect for a Growing Family, Revenue Property and Future Development. Bright and Spacious with 2 Side Entrances. Few UPGRADES are Furnace, Hot Water Tank & AC. New Shingles, Siding, Garage Doors, In Garage Concrete Floor & Roughed In. Welcome to Large Entrance into your Spacious Living Room, Dining Room, With Built in Cabinet, Kitchen with Back Splash and Stainless Steel Appliances, Pantry and Pull Out Shelves in a Lower Cabinet. Primary Bedroom Features 2 Closets, 2 Additonal Bedrooms and Main Bath. Separate Side Entrance to Upstairs Kitchen, Lower Level and Back yard. Downstairs you will find a Rec Room with a Pool Table & Pool Cues, A Family Room and a Den Area. As well, A Cold Room tucked away between the Rec Room and Den. There is a Workshop, Laundry Room/Utility Room and a Partially Finished Bathroom. The West Back Yard is Sunny and Large with Double Car Garage with an Additional Parking Space . Private, Well Maintained and Ready for your Family! Please book your showing and own this beautiful house. More details
    Listed by TREC The Real Estate Company
    DIANE RICHARDSON
  • 4824 8 Avenue SE in Calgary: Forest Heights Detached for sale : MLS®# A2207434

    4824 8 Avenue SE Forest Heights Calgary T2A 0A9
    Main Photo: 4824 8 Avenue SE in Calgary: Forest Heights Detached for sale : MLS®# A2207434
    $554,999
    Residential
    Status:
    Active
    MLS® Num:
    A2207434
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    947 sq. ft.
    Charming 3+2 -bedroom bungalow with an illegal basement suite, open floor plan and an oversized double detached garage. This home has been totally renavated few years ago with new vinyl windows, New Vinyl Plank flooring throughout, New shingles (roof) and new kitchens cabinets and quartz counterops & stylish mosaic backsplash on both kitchens. The 4-pcs bathroom has also been updated. The property includes a separate entrance leading to an illegal 2-bedroom basement suite, complete with a large family room, second kitchen, shared laundry, and a 4 pcs bathroom. Enjoy a large maintenance free backyard , Conveniently located within walking distance to schools, playgrounds, shopping, transportation, and across from Calgary public Library,. A fantastic turnkey opportunity for first-time homebuyers and investors. Book your showing today! More details
    Listed by RE/MAX Real Estate (Central)
    DIANE RICHARDSON
  • 2235 46 Street in Calgary: Forest Lawn Detached for sale : MLS®# A2208211

    2235 46 Street Forest Lawn Calgary T2B 1K7
    OPEN HOUSE: Apr 05, 2025
    12:00 PM - 02:00 PM MDT
    Open House on Saturday, April 5, 2025 12:00PM - 2:00PM
    OPEN HOUSE: Apr 06, 2025
    02:00 PM - 04:00 PM MDT
    Open House on Sunday, April 6, 2025 2:00PM - 4:00PM
    Main Photo: 2235 46 Street in Calgary: Forest Lawn Detached for sale : MLS®# A2208211
    $565,000
    Residential
    Status:
    Active
    MLS® Num:
    A2208211
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,157 sq. ft.
    Situated on the quiet part of Forest Lawn, this home is just steps away from Elliston Park, offering you access to green space, walking trails, and recreational areas. Plus, it’s conveniently located near schools, shopping, and public transit. Upon entering, you’ll be greeted by a spacious living room with large windows that flood the space with natural light. The real wood fireplace adds a touch of warmth and charm, becoming a rare commodity in today’s homes. It’s the perfect spot to unwind during those colder months. Perhaps you want to watch TV and wind down before bed, you can do that in the primary suite with a designated living area before entering your master bedroom. The well-appointed kitchen features modern appliances, ample cabinetry, and plenty of counter space. With three generously sized bedrooms, this home provides ample space for family and guests. The updated bathrooms offer sleek finishes and a clean, modern feel. One of the standout features of this property is the separate basement entrance, providing great potential for a rental suite to generate revenue and help pay the mortgage. This added flexibility makes the home a smart investment for anyone looking for a secondary income stream. The property also boasts new landscaping and drainage work, ensuring water is properly diverted away from the house. The large backyard is a private oasis, featuring a concrete terrace perfect for outdoor entertaining, a storage shed, and additional storage space beside the HEATEAD garage, which could easily be converted into a small RV parking spot. The front yard and backyards are fully fenced, offering a secure space for children or pets – especially ideal if you have a dog. Key upgrades include a new roof and hot water tank, both just two years old, as well as brand new vinyl flooring throughout, making this home move-in ready and low-maintenance. Don’t miss out on this fantastic opportunity to own a well-maintained home with incredible potential. Schedule your private viewing today! More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 2202 41 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2204145

    2202 41 Street SE Forest Lawn Calgary T2B 1C7
    Main Photo: 2202 41 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2204145
    $595,000
    Residential
    Status:
    Active
    MLS® Num:
    A2204145
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    906 sq. ft.
    INVESTOR, BUILDER, AND DEVELOPER ALERT! Don’t miss out on this exceptional opportunity to own a rare corner lot with a back lane, measuring 50 x 121.99 ft (15.23 x 37.18 meters) and zoned RC-G in a highly sought-after area. The lot size is approximately 6,092 sq. ft. (571 m²) in total. Whether you’re ready to develop or looking for a property to hold, this is the perfect investment! This fantastic home offers incredible income potential with a LEGAL basement suite featuring a separate entrance for privacy and convenience. Upstairs, you’ll find a spacious 2-bedroom, 1-bathroom layout, while the lower level offers a fully self-contained 2-bedroom, 1-bathroom —ideal for tenants or guests. Both units share access to a laundry area, adding extra convenience for the tenants. Enjoy the bright and welcoming sunroom, perfect for year-round relaxation, and a large, beautifully landscaped yard providing plenty of space for outdoor activities. The oversized, heated garage offers additional storage or workspace. The potential is limitless – you can apply for a Development Permit (DP) to build a 4-plex with legal suites, offering a total of 8 units (subject to City of Calgary approval). The location is prime, just 1 block from 17 Ave, putting you in the heart of a vibrant neighborhood with close access to public transit, schools, restaurants, and shopping. With huge growth potential and the opportunity for strong rental income, this is a fantastic buy, rent, and hold opportunity. Don’t wait—secure your future development project in this prime area today! More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 1510 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2197630

    1510 47 Street SE Forest Lawn Calgary T2A 1R4
    Main Photo: 1510 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2197630
    $598,000
    Residential
    Status:
    Active
    MLS® Num:
    A2197630
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    956 sq. ft.
    Attention investors and developers! This property is being sold together with 1516 47 St SE, creating a substantial 100' x 120' (12,000 sf) combined lot with immense development potential. There is potential to get up to 8 townhomes with 8 legal basement suites, for a total of 16 units. This redevelopment project could cater to Calgary's growing demand for housing. Currently featuring a LEGAL SUITED HOME, with tenants in place. The functional main floor offers a spacious living room, a bright white kitchen, a full bathroom, and three generously sized bedrooms. The lower level features a fully developed legal suite with its own separate entry, full kitchen, shared laundry, full bathroom, and one bedroom. The exterior of the home is equally impressive, with an oversized detached double garage, an additional parking pad, and a beautifully landscaped private yard perfect for entertaining. Whether you're an experienced builder or developer seeking your next project or an investor looking to capitalize on cash flow and future development possibilities, this offering is truly exceptional. More details
    Listed by Royal LePage METRO
    DIANE RICHARDSON
  • 1516 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2197631

    1516 47 Street SE Forest Lawn Calgary T2A 1R4
    Main Photo: 1516 47 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2197631
    $598,000
    Residential
    Status:
    Active
    MLS® Num:
    A2197631
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    904 sq. ft.
    Attention investors and developers! This property is being sold together with 1510 47 St SE, creating a substantial 100' x 120' (12,000 sf) combined lot with immense development potential. There is potential to get up to 8 townhomes with 8 legal basement suites, for a total of 16 units. This redevelopment project could cater to Calgary's growing demand for housing. Currently featuring a ILLEGAL SUITED HOME, with tenants in place. The functional main floor offers a spacious living room, a bright kitchen, a full bathroom, and three generously sized bedrooms. The lower level features a fully developed illegal suite with its own separate entry, full kitchen, shared laundry, full bathroom, and two bedrooms. The exterior of the home is equally impressive, with an oversized detached double garage, an additional parking pad, and a beautifully landscaped private yard perfect for entertaining. Whether you're an experienced builder or developer seeking your next project or an investor looking to capitalize on cash flow and future development possibilities, this offering is truly exceptional. Owner is unaware of any permits for the basement development. More details
    Listed by Royal LePage METRO
    DIANE RICHARDSON
1-12/22
Data was last updated April 3, 2025 at 04:05 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.