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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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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Don't hesitate—reach out today and experience stress-free, professional guidance from Diane Richardson!

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When searching Red Deer listings click on DETAILS to view information about the listing and click on MORE... to view the property on a map, schedule a showing, email the listing or check affordability on the mortgage calculator. Every effort is made to make it as easy as possible for you to find and learn about Red Deer houses, condos, and townhouses on AlbertaTownandCountry.com.


Diane Richardson @ 403-397-3706 (call or text) or email Diane@drichrealty.com


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  • 671 6940 63 Avenue: Red Deer Mobile for sale : MLS®# A2244811

    671 6940 63 Avenue Red Deer Red Deer T4P 1K5
    Main Photo: 671 6940 63 Avenue: Red Deer Mobile for sale : MLS®# A2244811
    $22,500
    Mobile
    Status:
    Active
    MLS® Num:
    A2244811
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    952 sq. ft.
    Clean Mobile on one of the Biggest Lots in Mustang Acres. Lots of room for kids and pets. Playground structure is included. Kitchen and Livingroom both have laminate flooring. 2nd Bedroom was 2 bedrooms and the wall was removed between them, it can easily be put back to make this a 3 bedroom Mobile. Hot water tank was upgraded. Water/Sewer, Garbage/Recycle included in Lot rent. Quick possession for clean safe housing. More details
    Listed by RE/MAX real estate central alberta
    DIANE RICHARDSON
  • 667 6940 63 Avenue: Red Deer Mobile for sale : MLS®# A2246545

    667 6940 63 Avenue Red Deer Red Deer T4P 1K5
    Main Photo: 667 6940 63 Avenue: Red Deer Mobile for sale : MLS®# A2246545
    $39,000
    Mobile
    Status:
    Active
    MLS® Num:
    A2246545
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    980 sq. ft.
    Updated and well maintained 1975 mobile home in Mustang Acres. Great older floor plan with 2 bedrooms and 2 washrooms, this being the second owner. The landscaped yard is beautifully landscaped with two apple trees and many perennials providing much privacy. The 2 sheds are ideal for all your storage needs. This mobile is cute and cozy and adds much warmth with the wood burning stove. Close to park and playground. Water, sewer and garbage costs are included in you lot fees of $910/mo. Small pets are welcome with park approval. More details
    Listed by Royal LePage Tamarack Trail Realty
    DIANE RICHARDSON
  • 207 4811 55 Street: Red Deer Apartment for sale : MLS®# A2247782

    207 4811 55 Street Red Deer Red Deer T4N 2J2
    Main Photo: 207 4811 55 Street: Red Deer Apartment for sale : MLS®# A2247782
    $64,500
    Residential
    Status:
    Active
    MLS® Num:
    A2247782
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    623 sq. ft.
    Bright & Spacious South facing unit, with a functional floor plan, good size bedroom and living room, large storage,.......... excellent opportunity for a first time buyer or an investor. More details
    Listed by RE/MAX Real Estate (Mountain View)
    DIANE RICHARDSON
  • 202 4811 55 Street: Red Deer Apartment for sale : MLS®# A2245807

    202 4811 55 Street Red Deer Red Deer T4N 2J2
    Main Photo: 202 4811 55 Street: Red Deer Apartment for sale : MLS®# A2245807
    $67,500
    Residential
    Status:
    Active
    MLS® Num:
    A2245807
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    636 sq. ft.
    Specious and bright one bedroom South facing unit, offers a functional floor plan, huge in-suite storage, assigned parking on the back on the building, coin laundry on the same floor, clean and well kept common area, easy commute to downtown. Perfect for a first time home buyer or an investor. More details
    Listed by RE/MAX Real Estate (Mountain View)
    DIANE RICHARDSON
  • 206 41 Bennett Street: Red Deer Apartment for sale : MLS®# A2245781

    206 41 Bennett Street Red Deer Red Deer T4R 1V3
    Main Photo: 206 41 Bennett Street: Red Deer Apartment for sale : MLS®# A2245781
    $119,500
    Residential
    Status:
    Active
    MLS® Num:
    A2245781
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    618 sq. ft.
    Welcome to Unit 206 at 41 Bennett Street — a well-maintained 1-bedroom, 1-bath condo offering comfort, convenience, and an unbeatable location. Situated directly across from Bower Mall and just minutes to Highway 2, this home is perfect for anyone who loves having amenities at their doorstep. Inside, you’ll find a bright, open-concept living space with large windows that fill the room with natural light. The functional kitchen features plenty of cabinet storage, stainless steel appliances, and an easy flow into the dining area. The spacious bedroom offers a peaceful retreat, while the updated bathroom is clean and move-in ready. Step outside to your private, north-facing balcony, perfect for enjoying your morning coffee in the shade or winding down after a summer day. This well-kept building offers secure entry and is close to parks, walking trails, and transit. Whether you’re a first-time buyer, investor, or looking to downsize, this condo delivers an affordable opportunity in one of Red Deer’s most sought-after locations. More details
    Listed by Century 21 Maximum
    DIANE RICHARDSON
  • 305 5519 Kerry Wood Drive: Red Deer Apartment for sale : MLS®# A2247248

    305 5519 Kerry Wood Drive Red Deer Red Deer T4N 4X3
    Main Photo: 305 5519 Kerry Wood Drive: Red Deer Apartment for sale : MLS®# A2247248
    $138,900
    Residential
    Status:
    Active
    MLS® Num:
    A2247248
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    805 sq. ft.
    Top Floor 2 Bedroom Condo in Riverside Meadows – Furnished & Updated. Welcome to this well-maintained top floor 2 bedroom, 1 bathroom condo located in the heart of Riverside Meadows. This furnished unit offers a bright and functional layout, with numerous updates over the years. Enjoy the outdoors with a large private balcony, and benefit from the convenience of in-suite laundry and one off-street parking stall. Situated in a quiet, well-managed building, the location is ideal – close to river trails, public transit, and minutes from downtown. Currently rented for $1,450/month, this unit presents an excellent opportunity for investors or first-time buyers. More details
    Listed by Royal LePage Network Realty Corp.
    DIANE RICHARDSON
  • 202 49 Bennett Street: Red Deer Apartment for sale : MLS®# A2246920

    202 49 Bennett Street Red Deer Red Deer T4R 1V4
    Main Photo: 202 49 Bennett Street: Red Deer Apartment for sale : MLS®# A2246920
    $156,900
    Residential
    Status:
    Active
    MLS® Num:
    A2246920
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    873 sq. ft.
    Nice South Facing unit with recent upgrades. Bright and Spacious on the inside with laminate flooring, paint upgrades including freshly painted cabinets, and newer lighting throughout. The exterior has new balconies and upgrades to the siding and building drainage. The windows here have also been done! Whether you are looking to start out, downsize, or add a great unit to your portfolito, this one is ready to go and could be yours!!! Great Bower Location is close to shopping, transit, bike/walking trails, and new SunTerra Market More details
    Listed by Maxwell Real Estate Solutions Ltd.
    DIANE RICHARDSON
  • 33 20 Jacobs Close: Red Deer Row/Townhouse for sale : MLS®# A2244883

    33 20 Jacobs Close Red Deer Red Deer T4P 3C9
    Main Photo: 33 20 Jacobs Close: Red Deer Row/Townhouse for sale : MLS®# A2244883
    $189,900
    Residential
    Status:
    Active
    MLS® Num:
    A2244883
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    913 sq. ft.
    TOP FLOOR CORNER UNIT ~ 2 BEDROOMS, 1 BATHROOM ~ COVERED WEST FACING BALCONY ~ Open concept main floor layout complemented by large west facing windows that fill the space with natural light ~ The Kitchen offers a functional layout with plenty of light stained cabinets, ample counter space, full tile backsplash and a raised eating bar ~ Easily host gatherings in the dining room ~ The living room is a generous size and features sliding patio doors to the covered west facing deck with no neighbours behind ~ The primary bedroom can easily accommodate a king size bed plus multiple pieces of furniture and is conveniently located next to the 4 piece bathroom ~ Second bedroom has two closets (one walk in closet) ~ Newer front load laundry pair ~ Ample storage throughout ~ 1 powered parking stall just outside the front door plus ample guest parking ~ Located close to parks, playgrounds, multiple schools, rec centre's, excellent shopping & dining, and highway access. More details
    Listed by Lime Green Realty Central
    DIANE RICHARDSON
  • 101 5823 57 Street: Red Deer Row/Townhouse for sale : MLS®# A2245686

    101 5823 57 Street Red Deer Red Deer T4N 2L5
    Main Photo: 101 5823 57 Street: Red Deer Row/Townhouse for sale : MLS®# A2245686
    $199,000
    Residential
    Status:
    Active
    MLS® Num:
    A2245686
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,271 sq. ft.
    Great opportunity! This 2 storey condo in Riverside Meadows has new vinyl plank flooring on the main level, there are beautiful contemporary newer kitchen cabinets and countertops, and a 2pce main bath. The upper floor features 3 large bedrooms and a full bath, and an undeveloped basement offers ample storage and room for future development. There are 2 assigned parking spaces, one at the front and the other at the back, both with plug ins. The yard is enclosed with vinyl fencing and there is a rear deck! Small pets are permitted with approval. This would make a great first home or investment property!! More details
    Listed by RE/MAX real estate central alberta
    DIANE RICHARDSON
  • 305 3730 50 Avenue: Red Deer Apartment for sale : MLS®# A2244928

    305 3730 50 Avenue Red Deer Red Deer T4N 3Y8
    Main Photo: 305 3730 50 Avenue: Red Deer Apartment for sale : MLS®# A2244928
    $215,000
    Residential
    Status:
    Active
    MLS® Num:
    A2244928
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    862 sq. ft.
    Welcome to Valley View Condominiums. This top-floor, west-facing unit is located on the quiet side of the building, away from Gaetz Avenue traffic. Situated on the South Hill, it features an electric fireplace, in-suite laundry, a corner pantry, and all working appliances. Enjoy heated underground parking near the elevator, along with shared storage rooms for bikes and tires. The building is well maintained and just minutes from the hospital, Red Deer Polytechnic, Rotary Picnic Park, and a variety of restaurants and shopping. Perfect for students, professionals, or anyone looking to downsize without compromising on location or convenience. Come see what this unit has to offer. More details
    Listed by Royal LePage Network Realty Corp.
    DIANE RICHARDSON
  • 4411 55 Street: Red Deer Residential Land for sale : MLS®# A2247719

    4411 55 Street Red Deer Red Deer T4N 2H3
    Main Photo: 4411 55 Street: Red Deer Residential Land for sale : MLS®# A2247719
    $219,000
    Land
    Status:
    Active
    MLS® Num:
    A2247719
    Build your new home on this charming and well treed lot in sought after Waskasoo More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 408 69 Ironstone Drive: Red Deer Apartment for sale : MLS®# A2245513

    408 69 Ironstone Drive Red Deer Red Deer T4R 0J9
    Main Photo: 408 69 Ironstone Drive: Red Deer Apartment for sale : MLS®# A2245513
    $229,900
    Residential
    Status:
    Active
    MLS® Num:
    A2245513
    Bedrooms:
    1
    Bathrooms:
    2
    Floor Area:
    886 sq. ft.
    Beautiful TOP floor unit in Iron Creek Lofts with UNDERGROUND PARKING! This extremely well maintained one bedroom unit showcases a well thought out design. The functional kitchen offers granite countertops, full tile backsplash and ample cabinet space. There is a large dining room space and the charming living room with vaulted ceilings. The oversized primary suite has a 4pc ensuite and walk-in closet as well as an additional closet. Your guests will enjoy the convenience of an additional 4pc bathroom and in-suite laundry with additional storage space. This property is equipped with central A/C, a BBQ gas line on your balcony and low condo fees that cover your heat, water, garbage, maintenance, snow removal and more. More details
    Listed by Century 21 Maximum
    DIANE RICHARDSON
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Data was last updated August 13, 2025 at 06:05 AM (UTC)
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