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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BUNGALOWS FOR SALE IN HIGHLAND PARK CALGARY

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  • 3520 Centre Street NE in Calgary: Highland Park Detached for sale : MLS®# A2262801

    3520 Centre Street NE Highland Park Calgary T2E 2Y1
    Main Photo: 3520 Centre Street NE in Calgary: Highland Park Detached for sale : MLS®# A2262801
    $579,000
    Residential
    Status:
    Active
    MLS® Num:
    A2262801
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    1,192 sq. ft.
    This property is being sold as is for land value only. It comes with a conditional Development Permit for a 6-plex, offering excellent potential and flexibility for redevelopment. The lot measures 47’ x 120’ and is ideally located on Centre Street, providing convenient access to Downtown, Deerfoot Trail, and other major city routes. Public transit is just steps away, including access to the future Green Line. More details
    Listed by Homecare Realty Ltd.
    DIANE RICHARDSON
  • 340 33 Avenue NE in Calgary: Highland Park Detached for sale : MLS®# A2240095

    340 33 Avenue NE Highland Park Calgary T2E 2H8
    Main Photo: 340 33 Avenue NE in Calgary: Highland Park Detached for sale : MLS®# A2240095
    $600,000
    Residential
    Status:
    Active
    MLS® Num:
    A2240095
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    766 sq. ft.
    FABULOUS INNER CITY HOME.2+ Bedrooms. Full Basement. EXCELLENT ACCESS TO EDMONTON TRAIL AND DOWNTOWN. UPDATES GALORE! INCLUDING MODERN KITCHEN, BATHROOM with Soaker Tub. Cast Iron. HARDWOOD FLOORS. DOUBLE DETACHED (22' X 26') GARAGE HEATED & PARKING PAD. LOADS OF CHARM & CHARACTER. PERFECT FOR SINGLE PERSON OR PROFESSIONAL COUPLE. YOUNG FAMILY, Downsize Retire. Relocate Here. More details
    Listed by RE/MAX Landan Real Estate
    DIANE RICHARDSON
  • 4308 2 Street NW in Calgary: Highland Park Detached for sale : MLS®# A2263846

    4308 2 Street NW Highland Park Calgary T2K 0Z1
    Main Photo: 4308 2 Street NW in Calgary: Highland Park Detached for sale : MLS®# A2263846
    $649,900
    Residential
    Status:
    Active
    MLS® Num:
    A2263846
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,114 sq. ft.
    Opportunity awaits on a quiet street in the popular and mature neighbourhood of Highland Park! This three bedroom and two-bathroom 1117 square foot raised bungalow situated on a 667 square metre lot offers plenty of potential for a renovation project that has the potential for a basement suite or a complete redevelopment like many other new infills recently built in the community. This home features original hardwood floors, spacious bedrooms, plenty of natural light in the basement with numerous windows and a huge, oversized double detached garage measuring in at 25’4” x 23’8”. Located close to schools, shops, playgrounds, restaurants, transit and a quick commute to downtown, the airport and Nose Hill Park. Book your viewing today! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 427 35 Avenue NW in Calgary: Highland Park Detached for sale : MLS®# A2253818

    427 35 Avenue NW Highland Park Calgary T2K 0C2
    Main Photo: 427 35 Avenue NW in Calgary: Highland Park Detached for sale : MLS®# A2253818
    $649,900
    Residential
    Status:
    Active
    MLS® Num:
    A2253818
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    920 sq. ft.
    50 Ft x 120 Ft Property | 5,995 SqFt Lot | Incredible Location | Steps Away from Queen's Park Greenspace & Walking Paths | South Backyard | Close to CBE James Fowler & Buchanan School | Bungalow | 3 Bedrooms | 2 Baths | Studio Basement Suite(illegal) | Massive Backyard | Double Detached Garage | Rear Lane | Front Driveway/Parking Pad | Close to All Transit | Quick Commute to Downtown. Welcome to 427 35 Avenue NW; a property with an incredible location of inner city NW Calgary surrounded by amenities in a family friendly neighbourhood. This 3 bed 2 bath bungalow has a studio basement suite(illegal) with a separate entry. The main level opens to the front living room which has a wood burning fireplace with a floor to ceiling stone accent wall behind. The main level kitchen has great cabinet storage and a dining nook. The 3 main level bedrooms are all a great size and share the main 4pc bath with a tub/shower combo. Downstairs, the studio basement suite(illegal) has a separate entry through the rear of the home. The studio basement kitchen has ample cabinet storage. The basement rec room is a studio layout where the rec room is the flex space for a bedroom/living space. The laundry for this home is located in the shared space in the basement. The utility room is accessible to both the main and basement levels. Outside, this home has a concrete patio, massive lawn space and detached double garage. The double detached garage has an extended front driveway that allows for additional parking. This home is steps away from 4 St NW and Centre St making it an easy commute to downtown. The neighbourhood has multiple transit points that head to all parts of the city too. Hurry and book a showing at this home today! More details
    Listed by RE/MAX Crown
    DIANE RICHARDSON
  • 3707 Centre A Street NE in Calgary: Highland Park Detached for sale : MLS®# A2244548

    3707 Centre A Street NE Highland Park Calgary T2E 3A5
    Main Photo: 3707 Centre A Street NE in Calgary: Highland Park Detached for sale : MLS®# A2244548
    $729,900
    Residential
    Status:
    Active
    MLS® Num:
    A2244548
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    1,405 sq. ft.
    Open House on Oct 18, 2025, 2 to 4 pm. What a hidden gem in the Inner City! This fully renovated 1,405 sq.ft. walkout bungalow with a spacious Legal Suite is perfect for Live Up, Rent Down living. The main floor features 9-foot ceilings, vinyl plank flooring throughout, 3 bedrooms, and a brand-new Kitchen with quartz countertops and a centre island. Enjoy the peaceful east-facing view from the Living Room, and step out from the Master Bedroom onto a deck overlooking the sunny south-facing yard. The lower level offers a bright front walkout legal suite with 2 bedrooms (over 1,200 sq.ft.) and separate laundry—ideal for rental income or extended family. This property also includes a detached garage, a large concrete parking pad, and three separate decks—with back alley access providing easy entry to the garage and additional parking. Recent exterior upgrades include all new windows, new front steps, decks, and fencing. Situated at the end of a quiet street on a generous 5,995 sq.ft. lot, this home is just one block from Centre Street with easy transit access. It’s also close to downtown, near major routes like Deerfoot Trail, and located in a desirable area with nearby schools, parks, and everyday amenities. A fully renovated, move-in-ready bungalow under $800,000—don’t miss this rare opportunity! More details
    Listed by Jessica Chan Real Estate & Management Inc.
    DIANE RICHARDSON
  • 223 41 Avenue NW in Calgary: Highland Park Detached for sale : MLS®# A2248706

    223 41 Avenue NW Highland Park Calgary T2K 0G9
    Main Photo: 223 41 Avenue NW in Calgary: Highland Park Detached for sale : MLS®# A2248706
    $819,900
    Residential
    Status:
    Active
    MLS® Num:
    A2248706
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,031 sq. ft.
    Wonderful URBAN Living Meets PRIME Investment Potential in Highland Park!! Welcome to 223 41 AVE NW, a hidden gem tucked away on a quiet, tree-lined street in the highly sought-after inner-city community of Highland Park. This detached bungalow, sitting on a PREMIUM & generous 50 x 120 ft lot, is much more than a home—it’s a lifestyle opportunity, an income generator, and a canvas for future development in one of Calgary’s most promising up-and-coming neighbourhoods. Whether you’re an investor looking to expand your portfolio with a solid revenue property, a homeowner seeking multi-generational living, or a visionary ready to explore infill development possibilities, this RARE offering checks every box. Zoned R-CG, with a fully LEGAL basement suite (223B 41 AVE NW) and located just minutes from downtown, this property effortlessly blends function, flexibility, and future potential. Step through the front door and into the main level—a space defined by GLEAMING hardwood floors, oversized windows, and a bright layout that feels both WARM and MODERN. The 3-bedroom upper level is ideal for a growing family, urban professionals, or tenants seeking comfort and style in a well-established neighborhood. The living room is flooded with natural light, creating a cozy yet spacious environment PERFECT for entertaining, relaxing, or working from home. Large windows provide a picturesque view of the quiet residential street, where mature trees line the sidewalks. A functional eat-in kitchen is well-appointed with ample cabinetry, full-size appliances, and room for a family table—ideal for casual breakfasts, homework sessions, or weekend brunches with friends. The flow between rooms is seamless, creating a sense of openness without sacrificing privacy. Three generously sized bedrooms, each with large closets and plenty of natural light from the South-facing sundrenched backyard, make up the sleeping quarters. Whether you need a nursery, a guest room, or a dedicated home office, this layout offers MAXIMUM flexibility for your lifestyle needs. Downstairs, you’ll find the kind of bonus that savvy buyers dream about—a fully LEGAL basement suite. With a private entrance, this space is ideal for tenants, in-laws, or adult children who want independence without being too far from home. The suite currently features one large bedroom, a spacious living and dining area, a 3-piece bathroom, and a beautiful full kitchen with modern cabinetries and appliances. The lower level is also large enough to easily accommodate a potential second bedroom, further increasing rental income potential or personal use flexibility. Highland Park is in HIGH DEMAND for renters, thanks to its central location and quick access to transit, downtown, SAIT, University of Calgary, and much more. If development is more your style, the R-CG zoning allows for potential future infill developments. The generous lot dimensions (50x120) provide ample space for new builds. Don't miss out - CALL TODAY for your PRIVATE TOUR!! More details
    Listed by MaxWell Capital Realty
    DIANE RICHARDSON
  • 107 40 Avenue NE in Calgary: Highland Park Detached for sale : MLS®# A2256063

    107 40 Avenue NE Highland Park Calgary T2E 2M6
    Main Photo: 107 40 Avenue NE in Calgary: Highland Park Detached for sale : MLS®# A2256063
    $999,900
    Residential
    Status:
    Active
    MLS® Num:
    A2256063
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,220 sq. ft.
    Perfect for Builders and Investors! Situated in the inner city community of Highland Park, this property offers an excellent investment and development opportunity. Recently rezoned M-H1 allowing for a maximum of 8 storeys with commercial/retail option on the main floor. The lot measures 57' x 120' (Approx 6,840 sq ft). With some fixing up, the existing single family home would be excellent investment property. Currently offers a 2 bedroom unit on the main floor with 2 units in the basement, a 1 bedroom and a studio. Located a block of Centre Street and the BRT 301 (future green line C-Train). Close to all amenities, schools, shopping and restaurants. Great location for investment properties. Call for more information. More details
    Listed by Royal LePage Benchmark
    DIANE RICHARDSON
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Data was last updated October 19, 2025 at 12:05 AM (UTC)
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