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

Unlock Your Calgary Dream Home: Explore Listings by Price Range 

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.

Easy Online Contact Form

Simply head to Diane’s convenient online contact form. Provide your name, email, and message, and include any property addresses or MLS® numbers you're curious about. Diane will respond swiftly, ensuring you get all the answers you need!

Call Diane Directly

Prefer a direct conversation? No problem! Just call Diane at 403.397.3706. She's always happy to answer your questions or arrange viewings at your convenience.

Send an Email

Want to connect via email? Reach Diane directly at Diane@Mypadcalgary.com. She'll gladly provide additional information, answer your questions, and assist with your real estate journey.

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

Forgot password Extend Verify Contact

261 Royal Elm Road NW
Royal Oak Calgary T3G 0G8

$549,900
Residential beds: 2 baths: 1.0 1,233 sq. ft. built: 2024

Photo from a similar unit
Photo 1: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
Photo 2: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
Photo 3: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
Photo 4: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
Photo 5: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
Photo 6: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
Photo 7: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
Photo 8: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
Photo 9: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
Photo 10: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
Photo 11: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
Photo 12: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
Photo 13: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
Photo 14: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
Photo 15: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
Photo 16: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
Photo 17: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
Photo 18: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
Photo 19: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2257006
Bedrooms:
2
Bathrooms:
1
Year Built:
2024
Ravines of Royal Oak by Janssen Homes offers unmatched quality & design, located on the most scenic & tranquil of sites in the mature NW community of Royal Oak. This 2BR, 1-full bath 1,233sf (1,233RMS) 24’-wide stacked townhouse with single attached garage boasts superior finishings. Open-concept-plan features a fresh, modern kitchen with full-height cabinets, soft close doors/drawers & full extension glides, quartz counters, undermount sink, plus 4 S/S appliances & convenient peninsula island opening onto both dining area with access to rear balcony & spacious living room. With over 900sf on the second living level there is ample space for a roomy master retreat, 4-pce bath with tile floor & quartz vanity, an additional bedroom which can be used as an office, & ultra-convenient laundry area. Convenient flex room on the main level along with a single attached garage with room to park an extra car on front driveway completes the package. Ravines of Royal Oak goes far beyond typical townhome offerings; special attention has been paid to utilizing high quality, maintenance free, materials to ensure long-term, worry-free living. Acrylic stucco with underlying 'Rainscreen' protection, stone, & Sagiwall vertical planks (ultra-premium European siding) ensure not only that the project will be one of the most beautiful in the city, but that it will stand the test of time with low maintenance costs. Other premium features include triple-pane, argon filled low-e, aluminum clad windows, premium grade cabinetry with quartz countertops throughout, 9' wall height on all levels, premium Torlys LV Plank flooring, 80-gal hot water tank, a fully insulated & drywalled attached garage that includes a hose bib & smart WiFi door opener, among other features. Condo fees include building insurance, exterior building maintenance & long-term reserve/replacement fund, road & driveway maint., landscaping maint., driveway & sidewalk snow removal, landscaping irrigation, street & pathway lighting, garbage/recycling/organics service. Bordered by ponds, natural ravine park, walking paths & only minutes to LRT station, K-9 schools, YMCA & 4 major shopping centres. Note - photos from a similar model in the complex.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
2 Storey
Total Living Area:
1,233 sq. ft.
Main Level Finished Area:
328 sq. ft.
Upper Level Finished Area:
905 sq. ft.
Condo Fee:
$206.27
Condo Fee Includes:
Common Area Maintenance, Insurance, Reserve Fund Contributions, Snow Removal, Trash
Front Exposure:
South
Unit Exposure:
South
Entry Level:
1
Levels:
Two
End Unit:
1 Common Wall, End Unit, No One Above
Total Rooms Above Grade:
4
Year built:
2024 (Age: 1)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
2011246
Heating:
Forced Air, Natural Gas
Basement:
None
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Composite Siding, See Remarks, Stone, Stucco
Structure Type:
Five Plus
Roof:
Asphalt Shingle, Membrane
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Vinyl
Cooling:
None
Fireplaces:
0
Water Supply:
Public
Sewer:
Public Sewer
Garage:
Yes
Garage Spaces:
1
Parking:
Concrete Driveway, Garage Door Opener, Garage Faces Front, Single Garage Attached
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
Main Level
Condo Fee Frequency:
Monthly
Z-name Not Listed
Royal Oak
Snow Removal, Trash, Visitor Parking
Dishwasher, Dryer, Electric Stove, Garage Control(s), Humidifier, Microwave Hood Fan, Refrigerator, Washer
na
Condo/Strata Approval
Restrictions
Floor
Type
Size
Other
2nd Floor
Living Room
15'5" × 14'5"
2nd Floor
Kitchen
10'1" × 9'
2nd Floor
Bedroom - Primary
12' × 12'
2nd Floor
Bedroom
12'7" × 9'5"
2nd Floor
Laundry
3'8" × 3'
2nd Floor
Balcony
14'4" × 7'11"
Lower Level
Flex Space
13'1" × 10'6"
Floor
Ensuite
Pieces
Other
2nd Floor
No
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Golf, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
High Ceilings, Kitchen Island, Low Flow Plumbing Fixtures, No Animal Home, No Smoking Home, Open Floorplan, Recessed Lighting, Stone Counters, Storage
Exterior Features:
Private Entrance
Patio And Porch Features:
Balcony(s)
Lot Features:
Environmental Reserve, Landscaped, Views
Num. of Parcels:
0
Fencing:
None
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
DC29Z99 SITE 3
Listed Date:
Sep 14, 2025
  • Photo 1: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
    Photo from a similar unit
  • Photo 2: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
    Photo from a similar unit
  • Photo 3: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
    Photo 3 of 19
  • Photo 4: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
    Photo from a similar unit
  • Photo 5: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
    Photo from a similar unit
  • Photo 6: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
    Photo from a similar unit
  • Photo 7: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
    Photo from a similar unit
  • Photo 8: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
    Photo from a similar unit
  • Photo 9: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
    Photo from a similar unit
  • Photo 10: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
    Photo from a similar unit
  • Photo 11: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
    Photo from a similar unit
  • Photo 12: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
    Photo from a similar unit
  • Photo 13: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
    Photo from a similar unit
  • Photo 14: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
    Photo from a similar unit
  • Photo 15: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
    Photo from a similar unit
  • Photo 16: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
    Photo from a similar unit
  • Photo 17: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
    Photo from a similar unit
  • Photo 18: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
    Photo from a similar unit
  • Photo 19: 261 Royal Elm Road NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2257006
    Photo 19 of 19
Listed by RE/MAX House of Real Estate
Data was last updated October 19, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
46
Avg list price:
$657,450
Min list price:
$245,000
Max list price:
$1,391,250
Avg days on market:
41
Min days on market:
3
Max days on market:
108
Avg price per sq.ft.:
$395.77
These statistics are generated based on the current listing's property type and located in Royal Oak. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.