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.

Contact Diane Richardson

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

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.

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HOMES FOR SALE IN SW CALGARY PRICED FROM $400,000 to $500,000

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  • 909 188 15 Avenue SW in Calgary: A-003 Apartment for sale : MLS®# A2275545

    909 188 15 Avenue SW A-003 Calgary T2R 1S4
    Main Photo: 909 188 15 Avenue SW in Calgary: A-003 Apartment for sale : MLS®# A2275545
    $394,900
    Residential
    Status:
    Active
    MLS® Num:
    A2275545
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    925 sq. ft.
    *CHECK OUT 360 VIRTUAL TOUR* West-Facing, Corner Unit with Modern Upgrades & Central A/C! Soak in the incredible downtown views from this sleek 2 bedroom condo, where floor-to-ceiling windows bring the city skyline right into your living room. Located in The Chocolate building in the heart of The Beltline, enjoy the ultimate urban lifestyle just off 1st Street and 17th Ave, offering incredible restaurants, cocktail bars, and coffee shops, all while just a short distance from the Calgary Saddledome and Stampede Park. Designed for both comfort and style, the open-concept layout features polished concrete floors and a fully upgraded kitchen complete with quartz countertops, sleek stainless steel appliances, bright cabinetry, and a large island offering plenty of space to host and entertain. The main living area is the perfect spot to relax and enjoy the city views with floor-to-ceiling windows throughout. Wake up each morning to breathtaking views of the iconic Calgary Tower, perfectly framed from your NW facing patio, the ideal spot to enjoy your morning coffee, or enjoy evening BBQs. The second bedroom offers versatile space, perfect for a comfortable home office or guest room. The updated 4-piece bathroom features a sleek modern vanity and ample storage. Additional features include in-suite laundry, a titled underground parking stall, complimentary bike storage, and a common courtyard patio for you to enjoy during the summer months. Whether you're a first-time buyer, urban professional, or investor, this condo delivers exceptional value and an unbeatable location! More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 707 77 Spruce Place SW in Calgary: A-023 Apartment for sale : MLS®# A2268996

    707 77 Spruce Place SW A-023 Calgary T3C 3X6
    Main Photo: 707 77 Spruce Place SW in Calgary: A-023 Apartment for sale : MLS®# A2268996
    $394,900
    Residential
    Status:
    Active
    MLS® Num:
    A2268996
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,023 sq. ft.
    Experience elevated urban living in this beautifully updated 2-bedroom, 2-bath corner unit in the sought-after Spruce Grove building, just steps from Shaganappi Point Golf Course. With over 1,024 sq. ft. of bright, functional space, this 7th-floor condo offers breathtaking downtown and river valley views from nearly every room—plus two private balconies for morning coffee or relaxing evenings with a view. Natural light pours through the expansive windows in this Southwest-facing corner unit, enhancing the open-concept layout. The kitchen features newly upgraded cabinetry, durable granite countertops, and a sleek electric range, ideal for everyday cooking. The primary bedroom offers a peaceful retreat with a walk-through closet and full ensuite, while the second bedroom is positioned near a stylish 3-piece bathroom—perfect for guests or a home office setup. Additional features include in-suite laundry, a separate storage locker, and a titled underground parking stall very close to the elevator for ultimate convenience. Residents enjoy exclusive access to fantastic amenities, including a large indoor pool, hot tub, fitness centre, and a vibrant social lounge with games and entertainment space. Located directly across from the Westbrook LRT, and just minutes to Bow River pathways, Edworthy Park, shopping, restaurants, and downtown, this home combines lifestyle and location in one of Calgary’s most convenient communities. Book your private showing today and see what makes this corner unit so special! More details
    Listed by RE/MAX Landan Real Estate
    DIANE RICHARDSON
  • 3506 40 Avenue SW in Calgary: A-028 Semi Detached (Half Duplex) for sale : MLS®# A2262969

    3506 40 Avenue SW A-028 Calgary T3E 1E3
    Main Photo: 3506 40 Avenue SW in Calgary: A-028 Semi Detached (Half Duplex) for sale : MLS®# A2262969
    $394,900
    Residential
    Status:
    Active
    MLS® Num:
    A2262969
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,000 sq. ft.
    **Judicial Listing Alert: Rutland Park Complex** Nestled within the sought-after community of Rutland Park, this well-maintained 12-unit complex presents a unique opportunity for discerning buyers. Offering an inner-city retreat, the property is conveniently located within walking distance of Mount Royal University, providing easy access to educational facilities and numerous amenities. With its advantageous proximity to downtown, residents will enjoy the best of urban living combined with the tranquility of a park-like setting, surrounded by mature trees. This particular unit features a charming garden door that opens from the living room to a private fenced yard, creating an ideal space for relaxation and outdoor entertaining. Additionally, the vaulted cedar ceilings enhance the aesthetic appeal, complemented by a skylight and large windows that flood the living area with natural light. The functional kitchen is conveniently designed for everyday use, while the lower-level master bedroom includes a practical two-piece en-suite, ensuring comfort and privacy. Encompassing a total of 1,400 square feet of living space, this home also offers two side-by-side parking stalls just outside the unit. While the property retains its original condition and may require some updates, its prime location and potential make it an attractive option for investment or personal residence. Location, location, location—this Rutland Park complex embodies it all. More details
    Listed by Real Estate Professionals Inc.
    DIANE RICHARDSON
  • 252 110 18A Street NW in Calgary: A-410 Apartment for sale : MLS®# A2273328

    252 110 18A Street NW A-410 Calgary T2N 5G5
    Main Photo: 252 110 18A Street NW in Calgary: A-410 Apartment for sale : MLS®# A2273328
    $394,900
    Residential
    Status:
    Active
    MLS® Num:
    A2273328
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    438 sq. ft.
    Step into modern urban living at Frontier, Truman’s latest boutique condo development located in the heart of Kensington—one of Calgary’s most walkable and culturally rich neighbourhoods. This brand-new 1-Bedroom, 1-Bathroom condo offers a refined blend of style, comfort, and smart design, perfect for professionals, first-time buyers, or investors looking to be in the centre of it all. The open-concept layout is filled with natural light and features a sleek kitchen complete with quartz countertops, premium stainless steel appliances, and full-height cabinetry, flowing seamlessly into the bright living space. The spacious bedroom offers a private retreat, while the beautifully finished bathroom includes modern fixtures and thoughtful detailing. A private balcony extends your living space outdoors—ideal for enjoying your morning coffee or evening unwind. This home also includes a titled underground parking stall, offering convenience and peace of mind year-round. Residents at Frontier enjoy access to a landscaped terrace, a state-of-the-art fitness centre, and stylish co-working areas —all within a well-managed, design-forward building. With boutique shops, popular cafés, acclaimed restaurants, scenic river pathways, and the downtown core just minutes away, this is inner-city living at its finest. *Photo Gallery of similar unit* More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 316 220 11 Avenue SE in Calgary: Beltline Apartment for sale : MLS®# A2275129

    316 220 11 Avenue SE Beltline Calgary T2G 0X8
    Main Photo: 316 220 11 Avenue SE in Calgary: Beltline Apartment for sale : MLS®# A2275129
    $395,000
    Residential
    Status:
    Active
    MLS® Num:
    A2275129
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,144 sq. ft.
    Nestled in the heart of Calgary's Beltline, this extraordinary red brick loft offers a rare opportunity to own a piece of the city’s rich history. Constructed in 1912 for the Imperial Tobacco Company by the renowned A. Dale and Associates, the architectural firm behind the iconic Calgary Tower, this building underwent a stunning conversion to lofts in 1995. For the first time ever, these timeless residences are available for sale, blending historical charm with modern sophistication. Offering over 1,100 SqFt, this expansive loft exudes character with its original brick walls, exposed wood beams, and soaring ceilings. A wall of windows floods the space with natural light, creating a warm and inviting ambiance reminiscent of a classic New York City loft. The open-concept layout is thoughtfully designed, offering endless possibilities for both living and working. A private den provides the perfect space for a home or business office, while two generously sized bedrooms are complemented by a five-piece Jack and Jill bathroom plus there is an additional three-piece bathroom. The galley-style kitchen features freshly sprayed maple cabinetry with under mount lighting, moveable island, and a seamless flow into the dining and living areas. Whether you envision this space as your personal sanctuary or a dynamic live/work environment, the possibilities are as limitless as your imagination. Beyond the loft itself, the building offers an array of amenities, including a gym, a games room, and a rooftop patio with breathtaking views of the Downtown Skyline. A titled underground parking spot is also included, ensuring convenience in this vibrant urban setting. This is more than a home; it’s a lifestyle. A rare blend of history, elegance, and modernity, this loft is a once-in-a-lifetime opportunity to own a truly unique piece of Calgary’s architectural heritage. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 311 1108 6 Avenue SW in Calgary: A-012 Apartment for sale : MLS®# A2264739

    311 1108 6 Avenue SW A-012 Calgary T2P 5K1
    Main Photo: 311 1108 6 Avenue SW in Calgary: A-012 Apartment for sale : MLS®# A2264739
    $395,000
    Residential
    Status:
    Active
    MLS® Num:
    A2264739
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,281 sq. ft.
    Welcome to urban luxury by the river! This 1,281 sq ft two-bedroom, two-bathroom suite in The Marquis offers an airy, light-filled living experience right in the heart of downtown Calgary. From the moment you step in, you’re greeted by an open layout accentuated by walls of large windows that flood the space with natural light and frame gorgeous views of the city and surrounding tree canopies. The home boasts updated flooring underfoot and modern appliances in the sleek, functional kitchen — a perfect balance of style and comfort. Each of the two bedrooms offers generous proportions and abundant light; the primary suite features its own bathroom for added convenience. The second bath services guests and the second bedroom, completing the thoughtful floor plan. Parking is never a concern with a tandem underground stall that accommodates two vehicles — a rare and highly desirable feature in this central location. But perhaps one of the greatest draws is the address itself. You’re just steps away from the Bow River pathways, parks, and greenspaces, making daily walks or weekend rides an everyday indulgence. The building is ideally positioned for downtown living, with access to restaurants, shopping, transit, and Calgary’s core attractions. This is your chance to live in a spacious, move-in ready condo that brings the best of riverside serenity and downtown vibrancy together. Contact your agent today for a showing. More details
    Listed by Charles
    DIANE RICHARDSON
  • 20 123 Queensland Drive SE in Calgary: Queensland Row/Townhouse for sale : MLS®# A2272201

    20 123 Queensland Drive SE Queensland Calgary T2J 5J4
    Main Photo: 20 123 Queensland Drive SE in Calgary: Queensland Row/Townhouse for sale : MLS®# A2272201
    $395,000
    Residential
    Status:
    Active
    MLS® Num:
    A2272201
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    947 sq. ft.
    Welcome to #20 123 Queensland Drive SE! Set in the heart of Queensland, Calgary, this 4 bedroom, 1.5 bath condo offers an excellent opportunity for growing families or buyers looking to add value in an established, character-filled neighbourhood. With over 1,200 sq. ft. of fully finished living space, there’s plenty of room to grow, personalize, and make it your own. The main floor features updated luxury vinyl plank flooring and a functional layout ideal for busy family life. The kitchen comes equipped with new black stainless steel appliances, providing a solid starting point for future cosmetic upgrades. With four bedrooms, a finished lower level, and a blank canvas in the unfinished basement, this home offers flexibility for kids’ rooms, a home office, or play space. As an end unit, this home truly stands out with its sizable backyard, offering extra privacy and outdoor space rarely found in condo living. Located right beside a playground and just minutes from Fish Creek Provincial Park, this is a lifestyle-focused home where kids can play, explore, and thrive. Close to schools, shopping amenities, transit, and highly walkable pathways, the location is hard to beat. Whether you’re a family looking to build equity over time or a buyer seeking a well-located fixer-upper with strong potential, this property presents an exciting opportunity. Immediate possession available – book your showing today to start your next chapter. More details
    Listed by MaxWell Canyon Creek
    DIANE RICHARDSON
  • 217 30 Walgrove SE in Calgary: A-290 Apartment for sale : MLS®# A2275241

    217 30 Walgrove SE A-290 Calgary T2X 4M9
    Main Photo: 217 30 Walgrove SE in Calgary: A-290 Apartment for sale : MLS®# A2275241
    $398,000
    Residential
    Status:
    Active
    MLS® Num:
    A2275241
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    841 sq. ft.
    WELCOME TO THIS SPECTACULAR SECOND-FLOOR CONDO nested in this desirable neighborhood of Walden, Calgary. Step inside this beauty and experience the premium touches, lovely VINYL PLANK Flooring, White SHAKER-STYLE CABINETS, and gleaming QUARTZ COUNTERTOPS throughout. The kitchen features a BREAKFAST BAR for casual meals, FULL CORNER PANTRY, undermounted DOUBLE SINKS, and STAINLESS STEEL APPLIANCES that brings it all together. The primary bedroom is a sanctuary featuring DOUBLE-SIDED WALK-THROUGH CLOSET, and direct access to your own 4-piece Ensuite. A second bedroom, and full bath gives flexibility for guests, or multi-generational living. This unit comes with its own TITLED UNDERGROUND PARKING and a handy STORAGE LOCKER, plus VISITOR PARKING just steps from the lobby for convenience. Well situated in Walden, you’re steps from grocery stores, restaurants, coffee shops, and quick access to schools, parks, bus stops, and South Health Campus. COME CHECK THIS OUT, QUICK AND IMMEDIATE POSSESSION More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 1807 920 5 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2262863

    1807 920 5 Avenue SW Downtown Commercial Core Calgary T2P 5P6
    Main Photo: 1807 920 5 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2262863
    $398,900
    Residential
    Status:
    Active
    MLS® Num:
    A2262863
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    946 sq. ft.
    Sophisticated urban condo living is yours in this freshly painted, bright & stylish, very desirable, 2 bdrm + den/2 full bath, south east CORNER, CITY VIEW suite, wrapped in windows, at Five West – one of Calgary’s PREMIER executive condo buildings. You’ll be impressed with the hardwood floors throughout the main living areas and the efficient floor plan as soon as you walk in – spacious front entry with den space, great sized kitchen with luxurious granite counters, sleek stainless steel appliances and lots of cabinets, dining area with glass door to the south facing balcony with gas BBQ line, cozy corner gas fireplace in the living room all surrounded in windows! Primary bedroom offers lots of space to easily accommodate a king-sized bedroom, walk in closet and 4 pc main ensuite. Second bedroom, set apart from the primary, offers a cheater ensuite bath - so convenient for a room mate or guests. The abundance of natural light throughout the suite is truly memorable! There is of course central air conditioning, an in-suite laundry room with extra storage area, extra storage locker and one titled parking stall is included. Five West building amenities incl. concierge service (so nice!), owners lounge, car wash bay & indoor visitor parking for when friends stop by for a drink or dinner. The location is superb, an easy walk to your DT work, restaurants & coffee shops, 2 blocks from the LRT free downtown zone. The river pathway is a block away for a walk, jog or bike ride at the end of the day or to enjoy your weekend, and just across the bridge is the vibrancy of all Kensington has to offer. This suite is move in ready - Call to view today! More details
    Listed by RE/MAX Realty Professionals
    DIANE RICHARDSON
  • 205 1811 34 Avenue SW in Calgary: A-019 Apartment for sale : MLS®# A2239863

    205 1811 34 Avenue SW A-019 Calgary T2T 2B9
    Main Photo: 205 1811 34 Avenue SW in Calgary: A-019 Apartment for sale : MLS®# A2239863
    $399,000
    Residential
    Status:
    Active
    MLS® Num:
    A2239863
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    876 sq. ft.
    Welcome to this beautifully updated 2-bedroom, 2-bathroom condo in the heart of Calgary’s vibrant Altadore community. Perfectly located just minutes from Marda Loop's shops, cafes, and parks, this second-floor unit offers modern comfort with a touch of sophistication. Step inside to discover newly installed luxury vinyl plank flooring that flows through the spacious main living areas. The kitchen is both functional and stylish, featuring warm maple cabinetry, a central island with raised breakfast bar, sleek appliances, and a garburator. The inviting living room is anchored by a cozy corner gas fireplace—ideal for Calgary’s cooler evenings—and bathed in natural light thanks to west-facing windows and a large private balcony that’s perfect for relaxing or entertaining well into the evening. Both bathrooms have been updated with Italian ceramic tile and new fixtures. The primary suite includes a 3-piece ensuite, while the second bedroom and 4-piece main bathroom offer flexible living arrangements for guests, roommates, or a home office. Additional highlights include: In-suite laundry and generous storage space, heated underground parking (Stall A29, which is steps away from the elevator), Quiet, well-maintained building with elevator access and ample visitor parking and Low-maintenance condo living with fees that include heat, electricity, water, and more. With over 880 sq. ft. of thoughtfully designed living space and a location that can’t be beat, this home is ideal for young professionals, couples, or anyone seeking the ultimate inner-city lifestyle. Don’t miss your opportunity to own in one of Calgary’s most desirable neighborhoods. Book your private showing today! More details
    Listed by Graham Realty Inc.
    DIANE RICHARDSON
  • 402 8230 Broadcast Avenue in Calgary: A-075 Apartment for sale : MLS®# A2248279

    402 8230 Broadcast Avenue A-075 Calgary T3H 6M1
    Main Photo: 402 8230 Broadcast Avenue in Calgary: A-075 Apartment for sale : MLS®# A2248279
    $399,000
    Residential
    Status:
    Active
    MLS® Num:
    A2248279
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    455 sq. ft.
    Modern Corner Unit in West District | Tenant in Place – Turnkey Investment Opportunity Welcome to Unit 402 at the Mondrian – a bright, modern corner unit in the award-winning West District community of West Springs. With a tenant already in place for the past two years, this is a perfect turnkey investment opportunity in one of Calgary’s most sought-after urban developments. This 1-bedroom + den, 1-bathroom air-conditioned home features 9’ ceilings, luxury vinyl plank flooring, and expansive NW-facing windows that flood the space with natural light. The open-concept layout is anchored by a chef-inspired kitchen with quartz countertops, upgraded stainless steel appliances (including gas cooktop), and a generous island—ideal for both everyday living and entertaining. Situated steps from boutique shopping, top restaurants, cafes, fitness studios, and green spaces, and just 15 minutes to downtown or a short drive to the mountains, this location balances lifestyle and convenience. Whether you're looking to grow your real estate portfolio or secure a stylish home in a thriving community, this modern corner unit with stable rental income checks all the boxes. Contact us today to schedule a viewing and learn more. More details
    Listed by Charles
    DIANE RICHARDSON
  • 106 8531 8A Avenue SW in Calgary: A-075 Apartment for sale : MLS®# A2271404

    106 8531 8A Avenue SW A-075 Calgary T3H 1V4
    Main Photo: 106 8531 8A Avenue SW in Calgary: A-075 Apartment for sale : MLS®# A2271404
    $399,000
    Residential
    Status:
    Active
    MLS® Num:
    A2271404
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    844 sq. ft.
    Welcome to the Vivace South on West 85th in the desirable community of West Springs. This bright, well laid out, easy access main floor condo unit boasts 2 separate garden level patios backing onto a green space. Both bedrooms have walk-in closets and ensuite bathrooms, while the main living space features a built-in desk, shelving nook and kitchen table. Upgraded modern fixtures and finishes throughout, including quartz countertops with soft close drawers and cabinets, luxury vinyl plank flooring and matching ceramic tile floors in the bathrooms, upgraded tiled showers and backsplash. Stainless-steel Samsung appliances are included like a recently upgraded dishwasher, and the spacious laundry closet houses stackable washer and dryer units. Enjoy the convenience of a titled underground parking spot, assigned underground storage cage and a flex-use bike storage cage. West Springs community amenities include multiple retail centers with major grocery stores, trendy restaurants, recreation and professional services as well as nearby schools and churches. Easy access to Stoney Trail’s west leg for city wide commutes, and just a 45 minute drive to the mountains. More details
    Listed by LB Hubbard Realty Group
    DIANE RICHARDSON
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