Diane Richardson

Cell: 403-397-3706 |

Search All Listings

Browse listings now

Seller Resources

See how I can get you more

Buyer Resources

Expert advice and guidance

Mortgage Calculator

Calculate your payments

About Me

Get to know me better

Real Estate Blog

What's new in real estate?

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 

Under $300,000 $800,000 - $900,000 $300,000 - $400,000 $900,000 - $1,000,000 $400,000 - $500,000 $1,000,000 $500,000 - $600,000 Calgary new listings $600,000 - $700,000 Calgary new build homes for sale $700,000 - $800,000 

Find Your Perfect Home in Calgary: 3 to 8 Bedroom Homes

3 Bedroom Homes Calgary 5 Bedroom Homes Calgary 7 Bedroom Homes Calgary
4 Bedroom Homes Calgary 6 Bedroom Homes Calgary 8 Bedroom Homes Calgary


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!

Calgary homes for sale under $500,000-Calgary properties under $500KLower Mount Royal

Red Deer homes for sale

Forgot password Extend Verify Contact
1-12/281

  • 202 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2201372

    202 4820 47 Avenue Red Deer Red Deer T4N 6B9
    Main Photo: 202 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2201372

    202 4820 47 Avenue Red Deer T4N 6B9 Red Deer

    $89,999
    Residential
    Status:
    Active
    MLS® Num:
    A2201372
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    489 sq. ft.
    Lexington place! Affordable living close to downtown, walking distance to transit, medical services, Red Deer hospital, Coronation park and retail shopping centres. Cozy 1 bedroom 1 full bathroom apartment. Good sized front entryway, large west facing living room with laminate flooring & lots of natural light. Spacious bedroom with ample closet space. Galley style kitchen with white appliances. Located on the second floor. Fresh paint. Laundry room is conveniently located on the same floor. ALL UTILITIES ARE INCLUDED IN THE CONDO FEES ($383/mo). Perfect for a first time homebuyer or investment property. More details
    Listed by Century 21 Maximum
    LISTING DETAILS
    DIANE RICHARDSON

  • 607 4700 55 Street: Red Deer Apartment for sale : MLS®# A2201054

    607 4700 55 Street Red Deer Red Deer T4N 2H8
    Main Photo: 607 4700 55 Street: Red Deer Apartment for sale : MLS®# A2201054

    607 4700 55 Street Red Deer T4N 2H8 Red Deer

    $94,900
    Residential
    Status:
    Active
    MLS® Num:
    A2201054
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    590 sq. ft.
    Experience urban living at its finest with this top-floor one-bedroom apartment condo located in the heart of Red Deer. Situated in the scenic neighbourhood of Waskasoo, the Willow Estates Apartment Condominium offers a peaceful retreat from the bustling downtown core. The building is nestled next to Waskasoo Creek, which is where the area gets its name, and it is conveniently located near bicycle paths, making it easy to explore the city and enjoy the great outdoors. The building is professionally managed and meticulously maintained, ensuring a hassle-free living experience. This particular unit has been used as a rental property, with a long-standing quality tenant. It's an excellent investment opportunity for those looking to start building wealth. As you step inside the unit, you'll be greeted by a cozy and inviting living space, perfect for relaxing after a long day. The bedroom is spacious and features ample closet space. The kitchen is well appointed with all the necessary appliances to whip up a home-cooked meal. The unit also boasts stunning views of the surrounding neighbourhood. Located in a historic part of downtown, the original homestead willow tree that the building gets its name from is rumoured to have been planted in 1906. It still stands out front, making it a landmark of the area. The story of the tree is intriguing, as it is Red Deer’s oldest planted tree, adding to the charm of the neighbourhood. This one-bedroom unito in Willow Estates Apartment Condominium is a fantastic investment opportunity for those looking to build wealth or for those seeking a peaceful retreat in the heart of Red Deer. With its convenient location near downtown businesses and shopping, professionally managed building, and historic charm, this unit is sure to impress. More details
    Listed by Century 21 Advantage
    LISTING DETAILS
    DIANE RICHARDSON

  • 5826 57 Street: Red Deer Residential Land for sale : MLS®# A2186787

    5826 57 Street Red Deer Red Deer T4N 2L4
    Main Photo: 5826 57 Street: Red Deer Residential Land for sale : MLS®# A2186787

    5826 57 Street Red Deer T4N 2L4 Red Deer

    $109,999
    Land
    Status:
    Active
    MLS® Num:
    A2186787
    Explore this spacious mature lot for your upcoming residential construction project! While the current zoning is R1, there is the potential for rezoning to R2 through the completion of necessary paperwork required with the City of Red Deer. The property is partially fenced and features access to a back alley, complemented by impressive, mature trees. Within a short walk or a quick bike ride, you'll find schools, playgrounds, bus services, the Red Deer River, Bower Ponds, and the newly developed Capstone subdivision! More details
    Listed by Royal Lepage Network Realty Corp.
    LISTING DETAILS
    DIANE RICHARDSON

  • 204 7164 Parke Avenue: Red Deer Apartment for sale : MLS®# A2198670

    204 7164 Parke Avenue Red Deer Red Deer T4P 1M9
    Main Photo: 204 7164 Parke Avenue: Red Deer Apartment for sale : MLS®# A2198670

    204 7164 Parke Avenue Red Deer T4P 1M9 Red Deer

    $113,900
    Residential
    Status:
    Active
    MLS® Num:
    A2198670
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    810 sq. ft.
    Fully Furnished condo for sale. Two bedrooms, One bathroom located in the mature neighborhood of the Pines. Close to transit, shopping, walking paths and restaurants. More details
    Listed by Royal Lepage Network Realty Corp.
    LISTING DETAILS
    DIANE RICHARDSON

  • 304 5519 Kerry Wood Drive: Red Deer Apartment for sale : MLS®# A2193360

    304 5519 Kerry Wood Drive Red Deer Red Deer T4N 4X3
    Main Photo: 304 5519 Kerry Wood Drive: Red Deer Apartment for sale : MLS®# A2193360

    304 5519 Kerry Wood Drive Red Deer T4N 4X3 Red Deer

    $117,000
    Residential
    Status:
    Active
    MLS® Num:
    A2193360
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    588 sq. ft.
    This stylish one-bedroom condo boasts a sleek Euro-inspired design and is perfectly situated near bike trails, public transit, and the scenic Bower Ponds. Enjoy stunning sunrise and sunset views right from your home. The condo also features the convenience of in-suite laundry and includes assigned parking for added ease. Whether you love outdoor activities or simply appreciate beautiful surroundings, this condo offers a perfect balance of modern comfort and natural beauty. Condo Fees are all-inclusive with the exception of electricity, TV & internet. More details
    Listed by RE/MAX real estate central alberta
    LISTING DETAILS
    DIANE RICHARDSON

  • 103 103 Hermary Street: Red Deer Apartment for sale : MLS®# A2192477

    103 103 Hermary Street Red Deer Red Deer T4N 6G2
    Main Photo: 103 103 Hermary Street: Red Deer Apartment for sale : MLS®# A2192477

    103 103 Hermary Street Red Deer T4N 6G2 Red Deer

    $119,000
    Residential
    Status:
    Active
    MLS® Num:
    A2192477
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    572 sq. ft.
    This is a great condominium for a single person or a couple and offers affordable living. It is in amazing shape and pride of ownership is evident. Walk into the spacious entrance and into the nicely laid out kitchen, which offers plenty of cabinets and counterspace, the wall has an open area, so it's open to the dining area and living room, making this a great space to spend time with the family or entertain your friends. Off the living room, you'll find patio doors that lead to an outside space that is very private and has a great view too. The primary bedroom is a decent size and there is also a full bathroom. There is plenty of closets and storage options within the unit. There is one assigned parking stall (#16) and a good amount of visitor parking. No pets allowed. More details
    Listed by Royal Lepage Network Realty Corp.
    LISTING DETAILS
    DIANE RICHARDSON

  • 401 4700 55 Street: Red Deer Apartment for sale : MLS®# A2208591

    401 4700 55 Street Red Deer Red Deer T4N 2H8
    Main Photo: 401 4700 55 Street: Red Deer Apartment for sale : MLS®# A2208591

    401 4700 55 Street Red Deer T4N 2H8 Red Deer

    $119,950
    Residential
    Status:
    Active
    MLS® Num:
    A2208591
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    840 sq. ft.
    This well-maintained condo features 2 spacious bedrooms, updated tile and vinyl flooring, and the added privacy of an end unit. Large windows fill the home with natural light, creating a warm and inviting atmosphere. The kitchen is well-equipped with a fridge, stove, dishwasher, and ample cupboard and counter space—perfect for everyday living. Enjoy a large balcony, in-suite storage and assigned parking for your convenience. Ideal for first-time buyers, investors, or those looking to downsize. More details
    Listed by Maxwell Real Estate Solutions Ltd.
    LISTING DETAILS
    DIANE RICHARDSON

  • 302 4904 54 Street: Red Deer Apartment for sale : MLS®# A2205316

    302 4904 54 Street Red Deer Red Deer T4N 2G7
    Main Photo: 302 4904 54 Street: Red Deer Apartment for sale : MLS®# A2205316

    302 4904 54 Street Red Deer T4N 2G7 Red Deer

    $129,900
    Residential
    Status:
    Active
    MLS® Num:
    A2205316
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    994 sq. ft.
    TOP FLOOR CORNER UNIT APARTMENT IN DOWNTOWN RED DEER! Offerings a spacious 994 square feet of living space this unit offers 3 bedrooms and 1 full four piece bathroom. Galley style kitchen with lots of counter and cabinet space, all appliances and a dining area. Huge family room allows for lots of space for a big cozy sectional and has sliding doors which lead to the east exposed balcony. One of the three bedrooms is located off of the family room and can easily accommodate a king bed along with extra furniture. The opposite side of the home offers two bedrooms, four piece bathroom, laundry and additional storage. Incredibly convenient location with access to the beautiful trail systems and all main amenities. This home is great for investors, students, and first time buyers. Low condo fee of $498.10/month which includes all utilities except for power & cable. More details
    Listed by Royal Lepage Network Realty Corp.
    LISTING DETAILS
    DIANE RICHARDSON

  • 204 49 Bennett Street: Red Deer Apartment for sale : MLS®# A2212734

    204 49 Bennett Street Red Deer Red Deer T4R 1V4
    Main Photo: 204 49 Bennett Street: Red Deer Apartment for sale : MLS®# A2212734

    204 49 Bennett Street Red Deer T4R 1V4 Red Deer

    $129,900
    Residential
    Status:
    Active
    MLS® Num:
    A2212734
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    620 sq. ft.
    Great Starter or Investment on the South Hill! Check out this gem - located close to shopping, restaraunts and bars, transit, and Bower Mall including the new SunTerra Market! Walking trails and bike trails only a few blocks away. A nice second floor unit faces North and has generous living spaces and insuite storage. The exterior of this building has seen alot of upgrades over the past few years including upgrades to siding, balconies, windows and sliding doors, concrete upgrades, and an upgraded drainage system. A great unit to call your own or start your investment portfolio More details
    Listed by Maxwell Real Estate Solutions Ltd.
    LISTING DETAILS
    DIANE RICHARDSON

  • 5827 60 Street: Red Deer Residential Land for sale : MLS®# A2188218

    5827 60 Street Red Deer Red Deer T4N 2P7
    Main Photo: 5827 60 Street: Red Deer Residential Land for sale : MLS®# A2188218

    5827 60 Street Red Deer T4N 2P7 Red Deer

    $129,999
    Land
    Status:
    Active
    MLS® Num:
    A2188218
    50x110 Lot in Riverside Meadows with a 22x24 garage about 20 years old currently being rented for $200 per month. More details
    Listed by Real Broker
    LISTING DETAILS
    DIANE RICHARDSON

  • 5806 57 Avenue: Red Deer Residential Land for sale : MLS®# A2067112

    5806 57 Avenue Red Deer Red Deer T4N 4S4
    Main Photo: 5806 57 Avenue: Red Deer Residential Land for sale : MLS®# A2067112

    5806 57 Avenue Red Deer T4N 4S4 Red Deer

    $134,900
    Land
    Status:
    Active
    MLS® Num:
    A2067112
    Investors – HUGE lot, HUGE opportunity! This oversized lot offers more than just space—it’s a blank canvas bursting with potential to create something extraordinary. The versatile discretionary zoning opens the door to many possibilities. Picture building a duplex, potentially creating multiple income streams from a single property. Approval from the City of Red Deer is required, but the reward is well worth it. See attached zoning details for more information. Location is key, and this property has it all. Conveniently situated near essential amenities like shopping, schools, and recreation, and just a short walk to public transit, it’s the perfect setup to attract tenants or future homeowners looking for easy, connected living. Priced to sell and GST included, this is the kind of opportunity investors dream about. More details
    Listed by RE/MAX real estate central alberta
    LISTING DETAILS
    DIANE RICHARDSON

  • 6002 63A Street: Red Deer Residential Land for sale : MLS®# A2190813

    6002 63A Street Red Deer Red Deer T4N 5P2
    Main Photo: 6002 63A Street: Red Deer Residential Land for sale : MLS®# A2190813

    6002 63A Street Red Deer T4N 5P2 Red Deer

    $135,000
    Land
    Status:
    Active
    MLS® Num:
    A2190813
    This great lot has lots of potential and is close to Gaetz Avenue and all amenities. Previously, there was a house on this property, but it has been removed. There is an existing single garage on the lot. The property is sold - "as is - where is - on possession". More details
    Listed by Royal Lepage Network Realty Corp.
    LISTING DETAILS
    DIANE RICHARDSON
1-12/281
 <  123...24  > 
Data was last updated April 22, 2025 at 08:10 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.
Powered by myRealPage.com
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.