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


Get in Touch with Diane Richardson – Your Trusted Calgary Real Estate Professional

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  • 130 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2210046

    130 6919 Elbow Drive SW Kelvin Grove Calgary T2V 0E6
    Main Photo: 130 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2210046
    $249,900
    Residential
    Status:
    Active
    MLS® Num:
    A2210046
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    1,121 sq. ft.
    Discover affordable, spacious living in the heart of Kelvin Grove! This charming home boasts over 1,100 square feet of thoughtfully designed space, featuring three bedrooms conveniently located on one level. The oversized, fenced patio offers a private retreat, perfect for outdoor relaxation or entertaining. Inside, newer laminate flooring and sleek stainless steel appliances create a modern yet cozy ambiance. A European-style washer/dryer combo adds ultimate convenience, right in the unit. The generously sized primary bedroom provides a comfortable and inviting sanctuary, while the full bathroom completes the interior with practicality and style. Located in a popular family-friendly complex, this home is steps away from Chinook Mall, shopping, transit, and an array of amenities, ensuring everything you need is within easy reach. With condo fees that include heat, water, and sewer, this is an exceptional opportunity for affordable living in one of Calgary's most sought-after communities. Don’t miss your chance to call this home! More details
    Listed by Real Estate Professionals Inc.
    DIANE RICHARDSON
  • 335 5404 10 Avenue SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2207778

    335 5404 10 Avenue SE Penbrooke Meadows Calgary T2A 5G4
    Main Photo: 335 5404 10 Avenue SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2207778
    $265,000
    Residential
    Status:
    Active
    MLS® Num:
    A2207778
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    992 sq. ft.
    Welcome to this charming and affordable 3-bedroom townhome in the heart of Penbrooke Meadows, offering 992.4 sq. ft. of functional living space. Whether you're a first-time homebuyer looking for a place to call your own or an investor seeking a great rental opportunity, this home checks all the boxes! The main floor features an inviting living room, a dedicated dining area, and a well-equipped kitchen, making it perfect for everyday living and entertaining. A laundry/utility room adds extra convenience, ensuring everything is within easy reach. Upstairs, you'll find three comfortable bedrooms and a full bathroom, providing ample space and comfort. Step outside to enjoy the large porch, perfect for relaxing with your morning coffee or hosting summer BBQs. With assigned parking, you’ll never have to worry about finding a spot. Located in the convenient community of Penbrooke Meadows, this home offers easy access to schools, parks, shopping, and transit, with quick routes to downtown Calgary and major roadways. With an affordable price tag, this is a fantastic opportunity to step into homeownership or expand your investment portfolio. Don’t miss out—schedule your viewing today! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 61 3705 Fonda Way SE in Calgary: Forest Heights Row/Townhouse for sale : MLS®# A2207801

    61 3705 Fonda Way SE Forest Heights Calgary T2A 6G9
    Main Photo: 61 3705 Fonda Way SE in Calgary: Forest Heights Row/Townhouse for sale : MLS®# A2207801
    $279,000
    Residential
    Status:
    Active
    MLS® Num:
    A2207801
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    1,235 sq. ft.
    This spacious townhome features select updates and an amazing location NEAR TRAIN, Bus and all amenities, making this an amazing find for first-time buyers or rental investors. ***UPGRADES*** include Windows 2011, Complex Shingles 2022, Refrigerator (Sept 2024), Hood Fan (2022), Washer/ Dryer (Aug 2024), 50 Gallon Hot Water Tank (2024), Furnace (2019). ***MAIN FLOOR*** Inside, a large living and dining room enjoys plenty of light through East-facing sliding glass doors, and attractive laminate plank floors add to the welcoming aesthetic. A covered balcony is great for year-round grilling, with lovely views of the Eastern skies. In the kitchen, plentiful cabinetry and counter space are highlights, while updated backsplashes and stainless appliances are stylish modern touches. The fridge and hood fan are both newer. A bedroom on this level has hardwood floors and has the option of a home office or hobby room, and this unit also includes in-suite laundry with a brand-new washer and dryer in the utility room, which also includes a new hot water tank and a newer furnace. A rough-in for a central vac makes additional upgrades a breeze. ***UPPER FLOOR*** Upstairs, both bedrooms offer big closets. This level also holds the 4 Pc bathroom and a linen closet. A large storage area here gives this home impressive functionality that will appeal to organization enthusiasts. This home has had numerous upgrades over the years, including the windows, and it also received a new roof just two years ago. ***THE AREA*** The Forest Grove complex is exceedingly well-located, with Marlborough Mall just across Memorial Drive, where both bus and C-train stops make a walkable lifestyle easy. The area also boasts an array of excellent restaurants, including hidden gems like Tacos Mexico right next to the complex. Parks, playgrounds, daycares, and schools are also within walking distance, making this one of the most convenient communities to live in. Car commuters will love the short drive to downtown along Memorial Drive, while nearby Highway 1 and Deerfoot Trail connect this neighbourhood to the rest of the city easily. You can also hop onto Stoney Trail to get out of town via the airport or skip the traffic on the way out west into the mountains. See this one today! (ASK ME ABOUT RENT-TO-OWN; only for those without Mortgage) More details
    Listed by Greater Calgary Real Estate
    DIANE RICHARDSON
  • 117 21 Dover Point SE in Calgary: Dover Apartment for sale : MLS®# A2198061

    117 21 Dover Point SE Dover Calgary T2B 3K4
    Main Photo: 117 21 Dover Point SE in Calgary: Dover Apartment for sale : MLS®# A2198061
    $280,000
    Residential
    Status:
    Active
    MLS® Num:
    A2198061
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,028 sq. ft.
    VERY RARE 3 bedroom, 2 bathroom condo - only one of its kind currently on the market! BRAND NEW coat of FRESH PAINT and is in IMMACULATE condition, ready for you to move in tomorrow! Offering over 1,000 sq. ft. of living space, the unit features large windows, laminate flooring throughout and in all but one bedroom, bright West facing offers ample natural light, with a modern decor. As you enter, you will be pleasantly surprised by how airy the space is for an apartment condo. A generously sized dining area and large living room with double doors extending the living space outdoors to the patio. The galley kitchen provides ample cabinet and counter space, making it both functional and convenient for everyday cooking. Three spacious bedrooms are methodically laid out to ensure privacy for everyone. Primary bedroom has a 3 pc ensuite. This unit comes with one assigned parking stall, and the current owners rent a second stall for just $50/month, potentially transferrable to the new owner. Additional features include in-suite storage and laundry, and all utilities are covered in the condo fees (except electricity). Located in a secure, recently updated building, this condo offers additional peace of mind with modernized hallways, newer security cameras, and a fob entry system. While dogs are not allowed, cats are permitted with board approval. Conveniently located, this condo is just a 5-minute walk to Wendy’s and McDonald’s, with a gas station and local shops only steps away. Outdoor lovers will appreciate the nearby Valleyview Park, while commuters benefit from quick access to Deerfoot Trail and Stoney Trail, making travel to downtown Calgary a breeze. Whether you’re a first-time buyer, investor, or looking to downsize, this affordable and well-located condo is a fantastic opportunity! More details
    Listed by Grand Realty
    DIANE RICHARDSON
  • 113 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2208212

    113 6919 Elbow Drive SW Kelvin Grove Calgary T2V 0E6
    Main Photo: 113 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2208212
    $300,000
    Residential
    Status:
    Active
    MLS® Num:
    A2208212
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    1,111 sq. ft.
    Beautifully RENOVATED THREE-bedroom unit in the sought-after Kelvin Grove Condominiums offers 1,110 square feet of well-designed living space. Featuring a full bathroom, in-suite laundry, and STAINLESS STEEL appliances, this home combines comfort and functionality. The unit also includes TWO STORAGE LOCKERS and one assigned parking stall. Whether purchasing this home for yourself or as an investment, you won’t find a better location! Proximity to major roadways, Chinook Mall, downtown, and convenient access to public transit puts everything you need right at your fingertips. Bright, clean, and exceptionally well-maintained, this vacant unit is move-in ready and a fantastic opportunity in an established community. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 54 5520 1 Avenue SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2210275

    54 5520 1 Avenue SE Penbrooke Meadows Calgary T2A 5Z7
    Main Photo: 54 5520 1 Avenue SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2210275
    $314,900
    Residential
    Status:
    Active
    MLS® Num:
    A2210275
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,070 sq. ft.
    Location, Location, Location! This fantastic townhouse is situated close to all amenities, including Marlborough Mall, the C-Train, schools, parks, and offers quick access to Stoney Trail and Memorial Drive—making travel north, south, and west a breeze. Featuring two assigned parking spots right in front, this home also backs onto a park for added privacy and outdoor enjoyment. Step inside to a spacious foyer leading to a bright country-style kitchen, complete with a stove, fridge, and plenty of room for a table and chair set. The main level boasts a huge living room, a partially updated half bath, and stylish laminate flooring that continues up the staircase and throughout the three upstairs bedrooms. The upper level offers a generously sized master bedroom with large windows and double closets, along with a renovated 4-piece bathroom. 2 more spacious bedrooms up with ample closet space as well as a linen closet in the hallway up. The basement is mostly finished, featuring two den areas, storage rooms, and a large laundry space—just awaiting ceiling completion. Enjoy outdoor living on the east-facing deck, which opens directly to the park. A fantastic opportunity at this price—don’t miss out! More details
    Listed by Diamond Realty & Associates LTD.
    DIANE RICHARDSON
  • 18 100 Pennsylvania Road SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2210311

    18 100 Pennsylvania Road SE Penbrooke Meadows Calgary T2A 4Y8
    Main Photo: 18 100 Pennsylvania Road SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2210311
    $319,900
    Residential
    Status:
    Active
    MLS® Num:
    A2210311
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,098 sq. ft.
    lovely townhouse with some newer updates: vinyl floor , paints, lighting, hot watertank 1year old, ready to move in , good for starter with 3 bedrooms and 1 full bathroom plus 2pc half bath on mainfloor. front door and back door to good size yard, dinning room and kitchen, spacious living room with huge window , lot of nature light. Home is vacant for quick possession. More details
    Listed by TREC The Real Estate Company
    DIANE RICHARDSON
  • 35 5425 Pensacola Crescent SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2201828

    35 5425 Pensacola Crescent SE Penbrooke Meadows Calgary T2A 2G7
    Main Photo: 35 5425 Pensacola Crescent SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2201828
    $320,000
    Residential
    Status:
    Active
    MLS® Num:
    A2201828
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,167 sq. ft.
    Perfect for First-Time Homebuyers or Investors! This charming home features a spacious living room with large windows that flood the space with natural light, complemented by stylish ENGINEER HARDWOOD flooring on main & upper level, open floor plan. The gourmet kitchen is equipped with stainless steel appliances and offers ample storage. Upstairs, you'll find 3 cozy bedrooms and a 4-piece bathroom. The fully finished basement includes a generous recreation room, an additional bedroom, and convenient laundry facilities. Enjoy your summer BBQs on the large deck in the private backyard. Ideally located near shops, schools, walking paths, and parks, with easy access to Stoney and Deerfoot Trails, and just a 12-minute drive to downtown. More details
    Listed by RE/MAX Real Estate (Central)
    DIANE RICHARDSON
  • 1206 53B Street SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2211763

    1206 53B Street SE Penbrooke Meadows Calgary T2A 1W2
    Main Photo: 1206 53B Street SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2211763
    $335,000
    Residential
    Status:
    Active
    MLS® Num:
    A2211763
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    472 sq. ft.
    NO CONDO FEE!! This rare find, recently renovated townhouse comes with a total of three bedrooms and one and a half bath. Its renovation includes new doors and windows, paint, laminate flooring and new lighting throughout the entire home. It’s located in the heart of the Penbrooke Meadows community. Perfect for first time buyers or use as a rental property. Arrange your showing with your favourite realtor soon! More details
    Listed by TREC The Real Estate Company
    DIANE RICHARDSON
  • 4544 7 Avenue SE in Calgary: Forest Heights Row/Townhouse for sale : MLS®# A2210470

    4544 7 Avenue SE Forest Heights Calgary T2A 4X1
    Main Photo: 4544 7 Avenue SE in Calgary: Forest Heights Row/Townhouse for sale : MLS®# A2210470
    $339,800
    Residential
    Status:
    Active
    MLS® Num:
    A2210470
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,131 sq. ft.
    RARE OPPORTUNITY – NO CONDO FEE! This affordable and spacious 4-bedroom, 2.5-bath townhome offers incredible value with two rear parking stalls and a fantastic location! The main floor features a bright, open concept living room with stylish laminate flooring, a functional kitchen, and a cozy dining area. Step outside to your large private deck – ideal for summer BBQs and entertaining! Upstairs, you'll find three generously sized bedrooms and a full 4 pcs bathroom. The fully finished basement adds even more space with a 4th bedroom, a large family room, and an additional 3pcs bathroom – perfect for guests or growing families. Located within walking distance to schools, Lucky Supermarket & close to Walmart Supercentre, and just steps from public transit, this home is perfect for first-time buyers or investors. Book your private showing today! More details
    Listed by RE/MAX Real Estate (Central)
    DIANE RICHARDSON
  • 30 75 Erin Croft Crescent SE in Calgary: Erin Woods Row/Townhouse for sale : MLS®# A2205397

    30 75 Erin Croft Crescent SE Erin Woods Calgary T2B 2T8
    Main Photo: 30 75 Erin Croft Crescent SE in Calgary: Erin Woods Row/Townhouse for sale : MLS®# A2205397
    $340,000
    Residential
    Status:
    Active
    MLS® Num:
    A2205397
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,109 sq. ft.
    Welcome to this end unit with a private yard that backs on to a park like greenspace/common area! Perfect location! There are 3 bedrooms and 2 bathrooms here as well as a large living room/dining space as you enter this home and lots of natural light. Through to the rear of the home you have a kitchen with views of the yard, a pantry and a half bathroom. Upstairs there are 3 bedrooms with the primary boasting enough space for a king sized bed and your furniture as well as a wall to wall closet! Two additional bedrooms as well as a full bathroom completes the upper level. The finished basement has tons of storage and a rec room with updated furnace and laundry area. Outside you will love the private yard with no neighbours directly behind you, updated vinyl fencing and a patio area to relax in as well as a grassed area! The location is great, close to tons of the areas amenities, easy access to downtown, Stoney Trail and so much more! Come and have a look today :) More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 4308 1317 27 Street SE in Calgary: Albert Park/Radisson Heights Apartment for sale : MLS®# A2190729

    4308 1317 27 Street SE Albert Park/Radisson Heights Calgary T2A 4Y5
    Main Photo: 4308 1317 27 Street SE in Calgary: Albert Park/Radisson Heights Apartment for sale : MLS®# A2190729
    $344,900
    Residential
    Status:
    Active
    MLS® Num:
    A2190729
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    916 sq. ft.
    TOP-FLOOR UNIT | 2 BED + DEN (OR 3 BED) | 2 FULL BATHS | INNER-CITY LIVING | OPEN FLOORPLAN | GRANITE COUNTERS | IN-SUITE LAUNDRY | TITLED UNDERGROUND PARKING | PET-FRIENDLY (UP TO 15KG) Welcome to Alberta Park Station, where affordability meets convenience just 7 minutes from downtown! This spacious top-floor unit features one of the largest layouts in the complex, offering 2 bedrooms + a den (or 3rd bedroom), 2 full bathrooms, and an open-concept design perfect for modern living. The primary suite boasts a 12x10 layout, a walk-through closet, and a private 3-piece ensuite with a stand-up shower, easily fitting a king-size bed. The additional bedrooms provide flexibility for kids, guests, or a home office. The kitchen shines with granite countertops, ample storage, and a breakfast bar, while the bright living and dining area opens to a large balcony, ideal for unwinding with a glass of wine and enjoying the sunset. Additional perks include in-suite laundry, extra storage, and titled heated underground parking (one of the best spots in the building, plus bike and tire storage). With a FOB-secured entry, security cameras, and a prime location near Franklin LRT, parks, schools, and shopping, this unit offers unbeatable value. Immediate possession available—book your private viewing today! More details
    Listed by TrustPro Realty
    DIANE RICHARDSON
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Data was last updated April 23, 2025 at 02:05 PM (UTC)
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