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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DETACHED CALGARY HOMES FOR SALE $400,000 to $500,000

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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
  • 276 Fallswater Road NE in Calgary: Falconridge Detached for sale : MLS®# A2229260

    276 Fallswater Road NE Falconridge Calgary T3J 1B3
    Main Photo: 276 Fallswater Road NE in Calgary: Falconridge Detached for sale : MLS®# A2229260
    $419,900
    Residential
    Status:
    Active
    MLS® Num:
    A2229260
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    856 sq. ft.
    PRICE REDUCED by FIFTY THOUSAND DOLLARS ($50,000)! Discover this delightful bungalow (with a big double garage!) nestled on a quiet street, just a short walk away from a dog park, perfect for pet lovers! Boasting exceptional curb appeal, this home features a spacious and sun-lit living room, creating an inviting atmosphere for relaxing and entertaining. The generously sized backyard offers endless possibilities for gardening or outdoor activities, while the double detached garage provides ample storage and convenience. Though this home would shine with some upgrades and personal touches, it is priced competitively for a quick sale. Don’t miss the opportunity to transform this gem into your dream home! Schedule your viewing today! More details
    Listed by RE/MAX Realty Professionals
    DIANE RICHARDSON
  • 39 erin ridge Road SE in Calgary: Erin Woods Detached for sale : MLS®# A2246859

    39 erin ridge Road SE Erin Woods Calgary T2B 2W9
    Main Photo: 39 erin ridge Road SE in Calgary: Erin Woods Detached for sale : MLS®# A2246859
    $424,999
    Residential
    Status:
    Active
    MLS® Num:
    A2246859
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    932 sq. ft.
    Welcome home to incredible value in Erin Woods! Boasting a total of 1738 Square Feet this detached property is the lowest-priced detached home in the area, making it a fantastic opportunity for first-time buyers or savvy investors. Tucked away on a quiet street and just 1.2 km from a nearby park, it offers the perfect mix of comfort and convenience. Inside, you’ll love the gorgeous, fully renovated 5-piece bathroom on the second floor, designed with modern style and quality finishes. The kitchen shines with all stainless steel appliances and a matching sink, giving it a fresh, contemporary look. A finished basement provides versatile extra space—ideal for a rec room, home office, or guest area. Move-in ready and full of potential, this home is a rare find at this price. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 3804 Centre A Street NE in Calgary: Highland Park Detached for sale : MLS®# A2240103

    3804 Centre A Street NE Highland Park Calgary T3E 3A6
    Main Photo: 3804 Centre A Street NE in Calgary: Highland Park Detached for sale : MLS®# A2240103
    $429,000
    Residential
    Status:
    Active
    MLS® Num:
    A2240103
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    753 sq. ft.
    Here’s your chance to secure unmatched value in a sought-after, quiet cul-de-sac in the heart of the city. Whether you’re looking for a turnkey rental, multi-generational living, or a future redevelopment site, this fully updated legal suited bungalow checks every box! PROPERTY HIGHLIGHTS: 1) LEGAL basement suite with separate entrance 2)Separate laundry & kitchens on both levels 3) 2 bedrooms upstairs + 1 bedroom downstairs 4)2 full bathrooms, 2 living rooms, 2 dining rooms 5) Huge 2-tier walk-out deck rebuilt in 2016 6) Newer furnace & hot water tank (2017) 7) Ample parking & privacy in a quiet cul-de-sac UNBEATABLE LOCATION: 1) Minutes to Deerfoot Trail and Downtown core 2) Steps to Centre Street, schools, shops, and transit 3) Close to major bus routes: #3, #301 (Downtown), #300 (Airport) REDEVELOPMENT POTENTIAL: Located in a high-demand inner-city area with active infill developments nearby — this property offers strong long-term appreciation potential. Exciting News! A major real estate development project is launching nearby — an incredible once-in-a-lifetime opportunity for savvy investors. Buy now and benefit from future growth! Don’t miss out – book your private showing today! Whether you plan to rent out, live in, or rebuild, this is the one you’ve been waiting for! More details
    Listed by First Place Realty
    DIANE RICHARDSON
  • 928 Pensdale Crescent SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2247183

    928 Pensdale Crescent SE Penbrooke Meadows Calgary T2A 2G1
    Main Photo: 928 Pensdale Crescent SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2247183
    $429,999
    Residential
    Status:
    Active
    MLS® Num:
    A2247183
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,047 sq. ft.
    Nestled on a quiet, family-friendly street in the heart of Penbrooke Meadows, this charming detached home offers the perfect blend of comfort, space, and convenience. Featuring 3 spacious bedrooms and 2 full bathrooms, it sits on a generous lot that provides ample room for outdoor activities, gardening, or future development potential. The property boasts a double detached garage, ideal for secure parking and extra storage. Enjoy easy access to nearby grocery stores, gas stations, parks, schools, church and public transit, making daily commutes and weekend outings a breeze. Whether you’re relaxing in your private backyard, hosting family gatherings, or exploring the community, this home offers an ideal lifestyle in a sought-after location. More details
    Listed by Royal LePage Solutions
    DIANE RICHARDSON
  • 4249 Catalina Boulevard NE in Calgary: Monterey Park Detached for sale : MLS®# A2219298

    4249 Catalina Boulevard NE Monterey Park Calgary T1Y 6Y5
    Main Photo: 4249 Catalina Boulevard NE in Calgary: Monterey Park Detached for sale : MLS®# A2219298
    $439,000
    Residential
    Status:
    Active
    MLS® Num:
    A2219298
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    684 sq. ft.
    AFFORDABLE BI-LEVEL WITH LOFT | FULLY DEVELOPED | PRIME LOCATION IN MONTEREY PARK Ready to move in or rent out! This bright and spacious bi-level home with a unique loft design offers over 1,000 sq. ft. of living space, ideal for first-time buyers or savvy investors looking for strong rental potential. Key Features: 2 bedrooms on the upper level + developed basement with additional living space Soaring ceilings and large windows flood the home with natural light Spacious kitchen with ample cabinet space and great countertop layout Private side entry with easy access via side stairs – perfect for separate living areas Huge master bedroom plus two more well-sized bedrooms Fully finished basement for added functionality or rental income Rear parking pad with plenty of room for vehicles or recreational toys Excellent Location: Walk to parks, schools, daycare, and transit Quick access to major routes like 16 Ave and Stoney Trail Whether you're looking for your first home or a great investment, this home delivers value, space, and potential. Priced to Sell – Book Your Showing Today Before It's Gone! More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 35 Abingdon Road NE in Calgary: Abbeydale Detached for sale : MLS®# A2246489

    35 Abingdon Road NE Abbeydale Calgary T2A 6X5
    Main Photo: 35 Abingdon Road NE in Calgary: Abbeydale Detached for sale : MLS®# A2246489
    $439,990
    Residential
    Status:
    Active
    MLS® Num:
    A2246489
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    936 sq. ft.
    If you’ve been searching for a renovated bungalow on a wide R-CG lot with the potential for two suites and a separate entrance, single garage—this is the property you’ve been waiting for. This single-family home features 5 bedrooms (3 up, 2 down), 2 full bathrooms, and an illegal suite with its own separate entrance and laundry—offering immediate rental income or multi-generational living options. Brand-new Kitchen Appliances installed in the upstairs kitchen. Brand New Washer and 2 years old Dryer upstair. Updated around 2016 with a modern kitchen, bathrooms, flooring, light fixtures, and windows. The roof was replaced in around 2015. The basement kitchen was renovated in 2024, including the installation of new appliances. The fully developed basement boasts new egress windows, making it ready for conversion to a legal secondary suite. Zoning is R-CG, allowing for maximum flexibility and future redevelopment potential. Enjoy low operating costs with a high-efficiency furnace and hot water tank (installed approx. 5 years ago). The home’s optimal supply air and return air configuration ensures balanced heating and comfort on both levels. The single detached garage is conveniently connected to the side entrance, perfect for suite or tenant access. The large lot provides ample outdoor space and future development options. Steps away from Abbeydale School, playgrounds, just minutes’ walk to shopping, transit, and community amenities. Quick 3-minute drive to Stoney Trail, 7minutes to Marlborough Mall, and under 15 minutes to downtown Calgary—ensuring strong rental demand and convenience for all occupants. Whether you’re looking to maximize cash flow, house-hack by living upstairs and renting the basement, or invest in Calgary’s growing rental market, this property delivers unmatched value and flexibility. More details
    Listed by Royal LePage Blue Sky
    DIANE RICHARDSON
  • 119 Pinecliff Way NE in Calgary: Pineridge Detached for sale : MLS®# A2235722

    119 Pinecliff Way NE Pineridge Calgary T1Y 3X2
    Main Photo: 119 Pinecliff Way NE in Calgary: Pineridge Detached for sale : MLS®# A2235722
    $442,000
    Residential
    Status:
    Active
    MLS® Num:
    A2235722
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    817 sq. ft.
    This detached home sits on a spacious ~46x100ft rectangular lot with sought-after R-CG zoning, offering huge potential for future development—whether it’s backyard suites, semi-detached homes, or multi-unit infills. Perfect for first-time buyers, builders, or renovators, the property is a blank canvas full of opportunity, priced to sell and ready for someone to unlock its value with a little care and vision. Investors & Handymen Special in Pineridge - BOOK YOUR SHOWINGS TODAY! Enjoy a large insulated double garage, ample RV and off-street parking, a quiet, tree-lined street, and paved back lane access. The sunny west-facing backyard is ideal for entertaining or expansion, while the east-facing front welcomes natural morning light. Located in the heart of Pineridge, you’re just minutes from schools, Village Square Leisure Centre, shopping, transit, parks, and more. No condo fees or HOA—just affordable ownership with long-term upside in a mature, amenity-rich community. More details
    Listed by Royal LePage Benchmark
    DIANE RICHARDSON
  • 98 Martindale Drive NE in Calgary: Martindale Detached for sale : MLS®# A2230876

    98 Martindale Drive NE Martindale Calgary T3J 2M8
    Main Photo: 98 Martindale Drive NE in Calgary: Martindale Detached for sale : MLS®# A2230876
    $444,900
    Residential
    Status:
    Active
    MLS® Num:
    A2230876
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    1,064 sq. ft.
    Welcome to 98 Martindale Drive NE, a well-kept two-storey detached home offering comfort, functionality, and great value in one of northeast Calgary’s most vibrant communities. Just a short walk from the Dashmesh Culture Centre, nearby schools, parks, and transit options, this home is perfectly situated for growing families or savvy investors. The main floor features a bright and inviting living area with large windows that fill the space with natural light. A spacious dining area and functional kitchen offer a practical layout that suits everyday living and entertaining. The updated flooring and neutral paint make this home move-in ready with room for your personal touches. Upstairs, you’ll find three bedrooms and a full bathroom. The primary bedroom is generously sized and includes ample closet space, while the two additional bedrooms provide flexibility for children, guests, or a home office. The undeveloped basement offers excellent potential for future development to add more living space. The property has a large backyard with rear lane access, off-street parking, and space for a future garage. This is a great opportunity to enter the Calgary real estate market in a well-connected and established neighbourhood. Schedule your viewing today! More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 126 Martin Crossing Manor NE in Calgary: Martindale Detached for sale : MLS®# A2243628

    126 Martin Crossing Manor NE Martindale Calgary T3J 3S3
    Main Photo: 126 Martin Crossing Manor NE in Calgary: Martindale Detached for sale : MLS®# A2243628
    $449,900
    Residential
    Status:
    Active
    MLS® Num:
    A2243628
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    812 sq. ft.
    >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>OPEN HOUSE SUNDAY 1:00-3:00 More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 6060 Madigan Drive NE in Calgary: Marlborough Park Detached for sale : MLS®# A2234032

    6060 Madigan Drive NE Marlborough Park Calgary T2A 5P8
    Main Photo: 6060 Madigan Drive NE in Calgary: Marlborough Park Detached for sale : MLS®# A2234032
    $452,000
    Residential
    Status:
    Active
    MLS® Num:
    A2234032
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    980 sq. ft.
    COURT ORDERED SALE! HANDYMAN SPECIAL WITH LOTS OF POTENTIAL!! Fully Developed Bungalow in the heart of Marlborough Park. Located on a great street across from the school, parks & playground. Main floor layout features a large living room, kitchen, 4 pc bathroom and 3 bedrooms. The lower level has a separate entrance leading to an ILLEGAL 2 bedroom basement suite the a spacious rec room, 2nd kitchen, 4 pc bathroom and 2 additional bedrooms. The large backyard features a deck and an oversized 2 car garage (30x20) with additional room for 2 cars to park beside or can be used for parking a trailer, boat or RV. There is a new roof on the main part of the house. This home requires a lot of work but also has lots of potential. More details
    Listed by Charles
    DIANE RICHARDSON
  • 6423 28 Avenue NE in Calgary: Pineridge Detached for sale : MLS®# A2232271

    6423 28 Avenue NE Pineridge Calgary T1Y 4S2
    Main Photo: 6423 28 Avenue NE in Calgary: Pineridge Detached for sale : MLS®# A2232271
    $456,000
    Residential
    Status:
    Active
    MLS® Num:
    A2232271
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    859 sq. ft.
    ATTENTION HANDYMEN & FLIPPERS! SUNNY SOUTH-FACING BACKYARD | STEPS TO THE PARK | LARGE LOT Welcome to the highly sought-after community of Pineridge! This spacious 4-level split offers over 2,000 SQFT of developed living space, featuring 2 bedrooms, 1.5 bathrooms, and endless potential for customization. The main level offers a functional layout with an open-concept kitchen, breakfast bar, and direct access to the east-facing deck from the dining room—perfect for enjoying your morning coffee in the sun. Upstairs, you’ll find two generous bedrooms, including a larger primary suite with a walk-in closet, and a full bathroom. The lower levels feature a massive family room and rec room with large, bright windows that flood the space with natural sunlight—ideal for entertaining or future development. Additional features include, Heated single attached garage, Gas BBQ hookup and Newer furnace & on-demand hot water system. This is a perfect opportunity for investors, renovators, or anyone looking to build equity in a fantastic location. Don’t miss out—schedule your showing today! More details
    Listed by Royal LePage Blue Sky
    DIANE RICHARDSON
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Data was last updated August 12, 2025 at 08:05 PM (UTC)
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