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

ALL CALGARY HOMES FOR SALE FROM $400,000 to $500,000

When searching Calgary real estate listings from $400,000 to $500,000 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 Calgary real estate, houses, acreages and ranches on AlbertaTownandCountry.com.


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


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  • 6437 19 Street SE in Calgary: Ogden Detached for sale : MLS®# A2143385

    6437 19 Street SE Ogden Calgary T2C 0N8
    Main Photo: 6437 19 Street SE in Calgary: Ogden Detached for sale : MLS®# A2143385
    $400,000
    Residential
    Status:
    Active
    MLS® Num:
    A2143385
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    604 sq. ft.
    *ATTENTION ALL DEVELOPERS & INVESTORS* This 25 x 120 – R-C2 lot nestled in the vibrant and rapidly evolving neighborhood of Ogden. With easy access to Deerfoot, Stoney and Glenmore Trails. Mostly land value only, this property is being sold “as-is where-is” condition. Excellent location – close to the Bow River, Schools, Jack Setters Arena, Shopping and Amenities. New Green Line (Lynnwood/Millican Station will be only minutes away (Green Line completion is estimated in 2027). More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 103 3550 45 Street SW in Calgary: Glenbrook Row/Townhouse for sale : MLS®# A2216067

    103 3550 45 Street SW Glenbrook Calgary T3E 3V2
    Main Photo: 103 3550 45 Street SW in Calgary: Glenbrook Row/Townhouse for sale : MLS®# A2216067
    $400,000
    Residential
    Status:
    Active
    MLS® Num:
    A2216067
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    542 sq. ft.
    **ATTENTION FIRST-TIME BUYERS: You could qualify for up to a 100% GST rebate on this new home! Enquire today to find out more!** BRAND NEW TOWNHOME PROJECT COMING SOON TO GLENBROOK! With 5 upper-level units, and 5 lower-level units, this modern townhome project is sure to impress, with an unbeatable inner-city location and time still left to upgrade or customize! This lower-level unit boasts a sunny main floor plus a FULLY FINISHED BASEMENT totalling nearly 1,000 sq ft of developed living space, with 2 beds & 2.5 baths. Accessible by a private entrance facing the street, the sunny main floor showcases low-maintenance luxury vinyl plank (LVP) flooring, and an open-concept living space with large windows. The modern kitchen features 2-tone slab-style cabinetry, quartz counters, and a Samsung stainless steel appliance package including a French-door refrigerator and ceramic top stove. The adjacent dining room is perfect for family meals and entertaining, while the living room's oversized window fills the space with natural light. A stylish 2-pc powder room completes this level. Downstairs, 2 bedrooms and 2 full bathrooms reside. Each bathroom boasts custom cabinetry, quartz counters, undermount sinks, and tiled tub/showers. Completing the basement is a convenient laundry closet. Durable and stylish, the exterior features Hardie Board and Smart Board detailing, and brushed concrete steps and walks. Located in the heart of the sought-after SW inner-city community of Glenbrook, these brand-new townhomes boast a fantastic location right across the street from Glenbrook School and the Glenbrook Community Association. A number of major amenities are located within an easy 15-min walk, including Safeway, Glamorgan Bakery, and multiple restaurants including Richmond’s Pub. Plus, nearly every imaginable amenity can be found in nearby Westhills and Signal Hill Centres which are just a 6 minute drive away. Although peacefully tucked away on a lovely residential street, Sarcee Trail and Richmond Rd are both readily accessible, making everyday commuting around the city a breeze! Make this new townhome yours! *Interior photos are samples taken from a past project - actual finishes may vary. **RMS measurements derived from the builder’s plans and are subject to change upon completion. *VISIT MULTIMEDIA LINK FOR FULL DETAILS & FLOORPLANS!* More details
    Listed by RE/MAX House of Real Estate
    DIANE RICHARDSON
  • 1104 910 5 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2215993

    1104 910 5 Avenue SW Downtown Commercial Core Calgary T2P 0C3
    Main Photo: 1104 910 5 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2215993
    $400,000
    Residential
    Status:
    Active
    MLS® Num:
    A2215993
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    951 sq. ft.
    Stunning Bow River views from this 2 BEDROOM, 2 BATHROOM, TITLED UNDERGROUND PARKING with NEW PAINT AND CARPETS with expansive windows in this two-bedroom condo in the desirable Five West building! Open and bright floor plan with modern features throughout. The living room has a corner fireplace, and the dining room provides access to the balcony with fantastic views of the Bow River. The spacious kitchen features STAINLESS STEEL APPLIANCES, tile backsplash, GRANITE COUNTERTOPS , breakfast bar, and a large WALK-IN PANTRY. The large master bedroom boasts its own FOUR PIECE ENSUITE, while the second bedroom offers access to the additional 3-piece main bath. IN-SUITE LAUNDRY offers storage galore! Enjoy all the amenities in this fantastic building with HEATED UNDERGROUND PARKING, ON-SITE MANAGER, a community recreation room with a large patio, perfect for entertaining. This executive unit is a must-see! Walk to work, fine dining and trendy shopping and just steps to the Bow River Pathways! More details
    Listed by RE/MAX Realty Professionals
    DIANE RICHARDSON
  • 411 881 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2230791

    411 881 15 Avenue SW Beltline Calgary T2R 1R8
    Main Photo: 411 881 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2230791
    $400,000
    Residential
    Status:
    Active
    MLS® Num:
    A2230791
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    913 sq. ft.
    Welcome to The Residences of Mount Royal – The Pinnacle of Urban Living. This exceptional unit offers the perfect blend of sophistication and comfort, making it an ideal retreat for those seeking the best in city living. The open-concept layout is thoughtfully designed to maximize space, with a kitchen that's perfect for both daily living and entertaining guests. The spacious dining area provides an inviting setting for your meals, while the living room boasts a stunning gas fireplace, adding a touch of warmth and elegance. Large patio doors lead out to your expansive private patio, offering a seamless transition between indoor and outdoor spaces. The master bedroom is generously sized and includes a luxurious 4-piece ensuite, providing a serene space for relaxation. The second bedroom is equally spacious, ensuring comfort for family or guests. But what truly sets this unit apart is its remarkable outdoor space. The private deck, spanning over 1,100 square feet, is an entertainer's dream. Imagine the possibilities: a large dining area, comfortable lounge seating, raised garden beds, or any number of custom touches to create your personal urban oasis. This unique feature offers unparalleled outdoor living in the heart of the city. Additional perks include a titled underground parking stall and proximity to a wealth of amenities, putting convenience at your doorstep. Don’t miss the chance to make this stunning unit your home. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 402 1088 6 Avenue SW in Calgary: Downtown West End Apartment for sale : MLS®# A2242762

    402 1088 6 Avenue SW Downtown West End Calgary T2P 5N3
    Main Photo: 402 1088 6 Avenue SW in Calgary: Downtown West End Apartment for sale : MLS®# A2242762
    $400,000
    Residential
    Status:
    Active
    MLS® Num:
    A2242762
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,132 sq. ft.
    TWO BALCONIES | 2 BED + DEN (OR 3 BEDROOMS) | FIREPLACE | RIVER VIEWS | INDOOR POOL & GYM | IN-SUITE LAUNDRY | BRAND NEW FLOORING Welcome to Riverwest—where downtown convenience meets comfort and style. This spacious condo in the sought-after Barclay building offers a flexible layout with two large bedrooms, a full-sized den that easily converts to a third bedroom, and two private balconies overlooking the Bow River. The just-installed luxury vinyl plank flooring sets the tone for the bright, open-concept living space, complete with floor-to-ceiling windows and a cozy gas fireplace. The kitchen checks every box with granite counters, new stainless steel appliances, and plenty of storage. Both bathrooms feature heated floors, and the primary suite includes a walk-through closet and private ensuite. You'll also love the in-suite laundry, underground parking, and separate storage locker. As a resident, you’ll have access to top-tier amenities: indoor pool and hot tub, fitness centre, owner’s lounge, concierge, and heated visitor parking. All this just steps from the Bow River pathways, the free LRT zone, and the best of downtown living. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 67 5625 Silverdale Drive NW in Calgary: Silver Springs Row/Townhouse for sale : MLS®# A2244911

    67 5625 Silverdale Drive NW Silver Springs Calgary T3B 4N5
    Main Photo: 67 5625 Silverdale Drive NW in Calgary: Silver Springs Row/Townhouse for sale : MLS®# A2244911
    $400,000
    Residential
    Status:
    Active
    MLS® Num:
    A2244911
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,140 sq. ft.
    Welcome to the home you’ve been dreaming of! From the moment you step inside this beautifully maintained 3-bedroom end unit, you’ll be captivated by the striking hardwood staircase—a standout feature that instantly sets it apart. Hardwood floors flow throughout both the main and upper levels, creating a warm and cohesive feel. The spacious living and dining area is filled with natural light from an oversized front window that offers a clear view of the park directly across the street. The large gourmet kitchen features wood cabinetry, sleek countertops, a stylish backsplash, upgraded lighting, and high-end stainless steel appliances. A convenient half-bath is located near the rear entrance, which opens onto your private, treed backyard with a well-maintained deck—perfect for outdoor relaxation and entertaining. Upstairs, you’ll find an oversized primary bedroom with dual closets, two additional bedrooms, and a well-appointed main bathroom. The basement includes a partially finished space with laundry and a newer hot water tank (2023) for added peace of mind. Unlike many other townhomes, this unit faces the street, allowing for easy street parking. And with a beautiful park right across the road, you’ll enjoy picturesque views and a peaceful setting year-round. Don’t miss this opportunity to own a truly special home in a desirable location. More details
    Listed by Century 21 Masters
    DIANE RICHARDSON
  • 908 10060 46 Street NE in Calgary: Saddle Ridge Row/Townhouse for sale : MLS®# A2244222

    908 10060 46 Street NE Saddle Ridge Calgary T3J 0Y2
    OPEN HOUSE: Aug 16, 2025
    12:00 PM - 02:00 PM MDT
    Open House on Saturday, August 16, 2025 12:00PM - 2:00PM
    Main Photo: 908 10060 46 Street NE in Calgary: Saddle Ridge Row/Townhouse for sale : MLS®# A2244222
    $400,000
    Residential
    Status:
    Active
    MLS® Num:
    A2244222
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,331 sq. ft.
    Don’t miss this opportunity to own a stunning 3-BEDROOM, 2.5-BATH townhome with LOW CONDO FEE in the vibrant community of Savanna. This home offers a bright, open-concept layout with a modern kitchen, stainless steel appliances, and a spacious primary bedroom complete with a walk-in closet and private ensuite. Enjoy the convenience of upper-level laundry, a large balcony perfect for relaxing, and low condo fees that help keep ownership affordable. Located just steps from schools, parks, walking paths, and public transit, everything you need is close by. Whether you’re a first-time buyer, downsizing, or looking for an investment, this home delivers comfort, style, and exceptional value in a growing neighbourhood. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 406 35 Walgrove Walk SE in Calgary: Walden Apartment for sale : MLS®# A2246533

    406 35 Walgrove Walk SE Walden Calgary T2X 4S6
    Main Photo: 406 35 Walgrove Walk SE in Calgary: Walden Apartment for sale : MLS®# A2246533
    $400,000
    Residential
    Status:
    Active
    MLS® Num:
    A2246533
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    844 sq. ft.
    Imagine waking up every morning in this SPECTACULAR TOP-FLOOR CONDO nestled in the lively, nature-embraced neighbourhood of Walden, Calgary. Flooded with sun from its SW-FACING WINDOWS, this two-bedroom, two-bathroom home glows with natural brightness throughout the day. Step inside and be greeted by an elegant, CALMING PALETTE complemented by premium touches like LUXURY VINYL PLANK FLOORING, ALL-WHITE SHAKER-STYLE CABINETRY, and gleaming QUARTZ COUNTERTOPS throughout. The kitchen is a highlight—offering a BREAKFAST BAR for casual meals, a FULL CORNER PANTRY for your storage needs, undermounted DOUBLE SINKS, and STAINLESS STEEL APPLIANCES that elevate everyday tasks. Seamlessly, it flows into the dining area and airy living room, which extend onto your private balcony—ideal for soaking in the outdoors. Retreat to the primary bedroom, a peaceful sanctuary featuring GENEROUS WINDOWS, a DOUBLE-SIDED WALK-THROUGH CLOSET, and direct access to your own spa-like 5-piece ensuite. A thoughtfully placed second bedroom and full bath provide flexibility for guests, a home office, or multi-generational living. Everyday conveniences shine with a FULL-SIZE STACKED WASHER/DRYER hidden neatly in the laundry closet and an ENTRY CLOSET ready to catch your outerwear and gear. Beyond your front door, you’ll enjoy TITLED UNDERGROUND PARKING and a handy STORAGE LOCKER, plus VISITOR PARKING just steps from the lobby. The charm continues outdoors with a tranquil courtyard—perfect for unwinding. Location is everything, with quick walks to the vibrant Gates of Walden retail hub and LEGACY VILLAGE SHOPPING CENTRE for groceries, dining, and café delights—while in the opposite direction, the serene WALDEN PONDS PARK beckons for leisurely strolls. This gorgeous, light-filled condo brings together refined finishing, thoughtful layout, and exceptional convenience. Reach out to see it in person—your new beginning awaits! More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 96 740 Bracewood Drive SW in Calgary: Braeside Row/Townhouse for sale : MLS®# A2248359

    96 740 Bracewood Drive SW Braeside Calgary T2W 3N3
    Main Photo: 96 740 Bracewood Drive SW in Calgary: Braeside Row/Townhouse for sale : MLS®# A2248359
    $400,000
    Residential
    Status:
    Active
    MLS® Num:
    A2248359
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,024 sq. ft.
    Welcome to this beautifully finished 3-bedroom CORNER UNIT townhome in one of the city’s most desirable and established neighborhoods. Perfectly positioned across from a tranquil greenspace with a park just steps from your front door, this home offers an ideal blend of style, comfort, and convenience. Inside, you’ll find a bright, welcoming layout enhanced by extra end-unit windows, thoughtful updates, and cozy, functional living spaces. You’ll love the natural light that floods in from extra corner-unit windows, filling the home with warmth from top to bottom The updated kitchen features quartz countertops, stylish cabinetry, a pantry, and an eat-in dining space, while the spacious living room provides the perfect spot to gather with family and friends. A conveniently located half bath completes the main level. Upstairs, three spacious bedrooms offer plenty of room for everyone, with the primary suite boasting impressive square footage. The fully developed basement adds even more versatility with a family room, home office, or hobby space, plus in-suite laundry. Outdoors, you’ll love your private fenced front yard with a large deck and a small green space, perfect for enjoying morning coffee, hosting barbecues, or watching children play. An assigned parking stall and ample street parking make life even easier. Notable updates include a high-efficiency furnace (2015), quartz kitchen countertops with an extended island, ceramic tile backsplash, upgraded windows and front door, a newer washer and dryer, and the addition of a dishwasher. Low condo fees add to the value of this well managed complex. Set in a friendly, close-knit community where neighbors know each other and create a sense of connectivity, you’ll enjoy mature tree-lined streets, parks, walkable pathways, and nearby amenities that make daily living a breeze. The location is excellent, Braeside is a well-established, family friendly area, located just minutes from the Southland Leisure Centre, Fish Creek Park, Southcentre Mall, Canyon Meadows Aquatic & Fitness Centre, and the Glenmore Reservoir. Within walking distance to parks, schools, off-leash dog areas, and local dining options. Quick access to Stoney Trail and public transit makes commuting around the city effortless. Whether you’re starting your homeownership journey, looking for more space, or seeking to downsize without compromise, this townhome is a rare opportunity to own in a location that truly feels like HOME! More details
    Listed by Century 21 Bamber Realty LTD.
    DIANE RICHARDSON
  • 16 5315 53 Avenue NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2248250

    16 5315 53 Avenue NW Varsity Calgary T3A 2E7
    OPEN HOUSE: Aug 16, 2025
    12:00 PM - 02:00 PM MDT
    Open House on Saturday, August 16, 2025 12:00PM - 2:00PM
    OPEN HOUSE: Aug 16, 2025
    12:00 PM - 02:00 PM MDT
    Open House on Saturday, August 16, 2025 12:00PM - 2:00PM
    Main Photo: 16 5315 53 Avenue NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2248250
    $400,000
    Residential
    Status:
    Active
    MLS® Num:
    A2248250
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    960 sq. ft.
    * OPEN HOUSE SAT, AUG 16TH 12-2 PM * BEST VALUE UNDER $400,000 l CORNER UNIT l KITCHEN & WASHROOMS RECENTLY UPDATED l Welcome to Varsity Estates Villas – A beautifully updated townhome in one of Calgary’s most coveted communities! This spacious home offers over 1,400 sq ft of total living space with 2 large bedrooms, 1.5 bathrooms, and a fully developed basement. The main floor features a bright, & white, renovated kitchen with butcher block countertops and stainless steel appliances, a cozy living room with a wood burning fireplace, and a stylishly updated half bath. Upstairs you'll find two generous bedrooms with charming wainscoting and a recently refreshed full bathroom. Downstairs, the finished basement provides a versatile space for a home office, gym, or family room. Enjoy your private west facing patio, backing onto a green space with mature trees and a nearby playground, perfect for relaxing or entertaining. Located just minutes from the University of Calgary, Foothills & Children’s Hospitals, Dalhousie LRT, and Market Mall, with easy access to parks, bike trails, and more. Don’t miss this fantastic opportunity - Book your showing today! More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 139 New Brighton Walk SE in Calgary: New Brighton Row/Townhouse for sale : MLS®# A2246711

    139 New Brighton Walk SE New Brighton Calgary T2Z 5C7
    Main Photo: 139 New Brighton Walk SE in Calgary: New Brighton Row/Townhouse for sale : MLS®# A2246711
    $401,900
    Residential
    Status:
    Active
    MLS® Num:
    A2246711
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,166 sq. ft.
    OPEN HOUSE SATURDAY AUG 9 FROM 12 UNTIL 2 PM. Welcome home! You've been looking for a place to call your own, and this end-unit townhome is it - with spacious open concept living, 2 primary bedrooms, 2 full and 1 half bathroom, and attached hugely oversized single garage. Your new home is naturally bright thanks to windows on three sides including N, S and E facing. The main living floor features generously size living room, dining room and kitchen in an open layout, as well a perfect spot for your desk, and a powder room. Light and cool colors give the entire home a relaxing vibe. The layout is perfect for spending time with family or entertaining - the kitchen has loads of functional counterspace including eating bar at the large island! You'll love backing an open lawn from your private deck with gas BBQ hookup for grillin' and chillin'. If you get a little to hot, don't forget that you have central air conditioning to set the perfect temperature to keep cool. When it's time to relax privately, take your moments in either of TWO primary suites on the upper level, each with its own ensuite bathroom. The upper level also has your laundry room - how convenient! The lower level is where you'll find a cozy entrance, as well as your oversized garage - perfect for keeping vehicles warm and snow free in winter, as well as loads of storage. You also have a driveway into the garage, offering a dedicated second parking stall. Your beautiful home is located with quick access to practically everything! You are conveniently located close to shopping, restaurants, schools, and many other services including great community amenities, as well as quick access to major routes like Deerfoot and Stoney, making travel easy! Doesn't get much more convenient than that, so book your showing before this one is gone! More details
    Listed by Real Estate Professionals Inc.
    DIANE RICHARDSON
  • 411 20 Sage Hill Walk NW in Calgary: Sage Hill Apartment for sale : MLS®# A2208936

    411 20 Sage Hill Walk NW Sage Hill Calgary T3R 1Z5
    Main Photo: 411 20 Sage Hill Walk NW in Calgary: Sage Hill Apartment for sale : MLS®# A2208936
    $403,000
    Residential
    Status:
    Active
    MLS® Num:
    A2208936
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    853 sq. ft.
    Welcome to this beautifully upgraded 2-bedroom, 2-full-bathroom condo in the vibrant community of Sage Hill, built in 2022—offering modern living at its finest! Prime Location: Nestled in the sought-after Sage Hill neighborhood, this home is just steps away from Sage Hill Shopping Centre and T&T Supermarket, providing ultimate convenience for daily essentials, dining, and entertainment. With easy access to major routes, commuting is a breeze. Bright & Spacious Living: Flooded with natural sunlight from large windows, this condo feels warm and inviting. The upgraded kitchen boasts sleek finishes and high-quality appliances, perfect for home chefs. Enjoy your morning coffee or evening unwind on the beautiful balcony—a perfect private retreat. Modern Comforts: This like-new condo offers contemporary finishes, ample storage, and a functional layout ideal for professionals, couples, or small families. With two full bathrooms, mornings are effortless. Don’t miss this opportunity to own a low-maintenance, stylish condo in one of Calgary’s most convenient and growing communities! Schedule your viewing today! More details
    Listed by CIR Realty
    DIANE RICHARDSON
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