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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  • 4326 Centre A Street NE in Calgary: Highland Park Semi Detached (Half Duplex) for sale : MLS®# A2180650

    4326 Centre A Street NE Highland Park Calgary T2E 3B1
    Main Photo: 4326 Centre A Street NE in Calgary: Highland Park Semi Detached (Half Duplex) for sale : MLS®# A2180650
    $800,000
    Residential
    Status:
    Active
    MLS® Num:
    A2180650
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    820 sq. ft.
    Discover the potential of this massive 75' x 130' lot located on a quiet street in the vibrant and evolving community of Highland Park. Zoned RC-G, this property offers unparalleled flexibility for future builds, making it a dream for developers and investors alike. Currently home to a side-by-side duplex, each unit features both upper and lower living spaces, providing options for rental income or a holding property with a bit of TLC. The east-facing orientation offers the possibility of stunning views with a future two-storey build, adding to the property's long-term appeal. This prime location puts you in one of Northwest Calgary's most exciting neighborhoods, surrounded by amenities, parks, and easy access to downtown. Please note: Units 4324 and 4326 must be sold together. Don’t miss your chance to secure this exceptional opportunity and be part of Highland Park's growth story! More details
    Listed by Real Estate Professionals Inc.
    DIANE RICHARDSON
  • 2127 17A Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2204124

    2127 17A Street SW Bankview Calgary T2T 4R9
    Main Photo: 2127 17A Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2204124
    $819,900
    Residential
    Status:
    Active
    MLS® Num:
    A2204124
    Bedrooms:
    3
    Bathrooms:
    4
    Floor Area:
    2,190 sq. ft.
    OPEN HOUSE SATURDAY 12-2pm - Welcome to this well upgraded home in the sought-after community of Bankview. With breathtaking unobstructed downtown views and a fully equipped illegal basement suite, this property is perfect for a variety of buyers, from those seeking a vibrant urban lifestyle to savvy investors. Just steps from the lively 17th Avenue, you'll enjoy unparalleled access to trendy shops, restaurants, and all the excitement the inner city has to offer. This wonderful home spans four levels! Starting with the main floor featuring a bright and inviting living room, dining area, and an upgraded modern kitchen complete with a gas stove/oven. A convenient 2-piece bath completes the main level. The second level offers a spacious bonus room with unobstructed city views and a private balcony, a large bedroom with its own ensuite, and a versatile den/office that can be tailored to your needs. At the top of the home, the master suite takes center stage, occupying an entire floor for maximum privacy and luxury. It features a generous bedroom with its own private balcony, a large walk-in closet, and a 4-piece ensuite bathroom, creating the ultimate sanctuary to unwind. The fully equipped 1-bedroom basement suite is a standout feature, offering its own heating source, private entrance, a sizable bedroom with a walk-in closet, and a spacious living/dining area—ideal for guests or tenants. Recent upgrades since 2023 include a new room/den with closet, vinyl flooring throughout, fresh paint, a new hot water tank, and a new roof. Additionally, this home offers the added benefits of an attached garage and a private, fenced-in yard—providing the perfect outdoor space for relaxation and entertainment. This home is the perfect combination of style, comfort, and functionality. Call now to schedule your private showing and make this remarkable property your own!  More details
    Listed by Real Estate Professionals Inc.
    DIANE RICHARDSON
  • 416 Sovereign Common SW in Calgary: Shaganappi Row/Townhouse for sale : MLS®# A2184390

    416 Sovereign Common SW Shaganappi Calgary T3C 3Y3
    Main Photo: 416 Sovereign Common SW in Calgary: Shaganappi Row/Townhouse for sale : MLS®# A2184390
    $819,900
    Residential
    Status:
    Active
    MLS® Num:
    A2184390
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,800 sq. ft.
    This brand-new home is ready for IMMEDIATE POSSESSION, featuring 3 bedrooms, 2.5 bathrooms, an office/flex space, a double attached garage, and two outdoor living areas, including an impressive 300-square-foot rooftop patio! The ‘Rouge’ is an urban townhome at Crown Park, offering nearly 2,200 square feet of interior living space and almost 500 square feet of outdoor space. The open-concept main living area is thoughtfully designed with a spacious layout, showcasing 9' ceilings and oversized windows that flood the home with natural light from morning to night. At the center of this home is the gourmet kitchen, perfectly positioned between the dining area and the main living room, making it an ideal space for entertaining. It features a gas cooktop, built-in microwave and oven, range hood, a large quartz island with seating, and elegant design details throughout. A generous west-facing ground-level patio stretches across the home, overlooking the central courtyard, with direct access from the main living area. Upstairs, the expansive primary bedroom includes a walk-in closet and a full ensuite with dual sinks and a walk-in shower with tile surround. Two additional well-sized bedrooms, a laundry area, and a full bathroom complete the second level. The 17' x 18' rooftop patio offers breathtaking views with east and west exposure, perfect for soaking up the sun year-round. The lower level features a welcoming foyer with storage and an office/flex room, ideal for a home office, media room, or gym. The private double attached garage ensures your vehicles and valuables stay safe and warm throughout the year. Additional upgrades include A/C rough-in, natural gas lines for BBQs on both patios, and a comprehensive 3-year extended workmanship warranty program. This stunning property provides all the conveniences of downtown living without the congestion. Located just minutes from downtown Calgary, Crown Park offers a unique opportunity to own a beautiful, brand-new home in a picturesque setting. More details
    Listed by Charles
    DIANE RICHARDSON
  • 2204 24 Avenue NW in Calgary: Banff Trail Detached for sale : MLS®# A2194894

    2204 24 Avenue NW Banff Trail Calgary T2M 1Z7
    Main Photo: 2204 24 Avenue NW in Calgary: Banff Trail Detached for sale : MLS®# A2194894
    $824,000
    Residential
    Status:
    Active
    MLS® Num:
    A2194894
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,256 sq. ft.
    Investor/Developer Alert! A rare opportunity in the highly sought-after community of Banff Trail! This property presents a prime investment for those looking to hold for redevelopment in a rapidly growing area. The 50x120 ft lot, zoned RC-2, offers unmatched potential for multi-family or custom development. Situated just minutes from downtown Calgary, this location is a developer's dream with easy access to major amenities and key institutions. You’re steps from the University of Calgary, SAIT, North Hill Mall, McMahon Stadium, and renowned medical facilities including Foothills and Children’s Hospitals. The property also offers proximity to parks, the University District, and a range of recreational amenities. Across from Branton Junior High School, and close to Ecole Banff Trail Elementary & William Aberhart High School, the site offers excellent access to public transportation, with both Banff Trail (9-min walk) and Lion's Park (20-min walk) C-train stations nearby. With access to both U of C and SAIT within minutes, this location is ideal for future tenants or buyers seeking easy transit. This 1200 sq. ft. character bungalow is consistently rented, making it a solid income-producing property in the meantime, but its true value lies in the unlimited redevelopment potential offered by the lot size and location. The home includes three spacious bedrooms, a full bathroom, and a lower level with separate access, a second kitchen, bedroom, bathroom, and laundry. A single garage and rear laneway add further development possibilities. With its exceptional location and unmatched redevelopment potential, this is a rare opportunity you don’t want to miss. Schedule your viewing today to explore the future possibilities of this incredible property! More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 1617 Summer Street SW in Calgary: Scarboro Detached for sale : MLS®# A2194152

    1617 Summer Street SW Scarboro Calgary T3C 2J7
    Main Photo: 1617 Summer Street SW in Calgary: Scarboro Detached for sale : MLS®# A2194152
    $824,750
    Residential
    Status:
    Active
    MLS® Num:
    A2194152
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,047 sq. ft.
    Welcome to this vintage 1945 bungalow located in the sought-after community of Scarboro. This charming home boasts 2 bedrooms, 2 baths, and a 1 bedroom illegal basement suite. Nestled on a picturesque street, this property is perfect for those seeking a blend of character and a canvas for the home of your dreams. Oversized Double Detached Garage has plenty of space for vehicles, storage, or a workshop as well as a Single Detached Garage that would be perfect for storage. Prime Location in prestigious Scarboro community, known for its beautiful tree-lined streets, parks, and proximity to downtown Calgary. Don't miss the opportunity to own a piece of Calgary's history. More details
    Listed by RE/MAX House of Real Estate
    DIANE RICHARDSON
  • 10 4907 8 Street SW in Calgary: Britannia Apartment for sale : MLS®# A2185383

    10 4907 8 Street SW Britannia Calgary T2S 2P1
    Main Photo: 10 4907 8 Street SW in Calgary: Britannia Apartment for sale : MLS®# A2185383
    $824,900
    Residential
    Status:
    Active
    MLS® Num:
    A2185383
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,175 sq. ft.
    This extraordinary 2-bedroom, 2-bath penthouse has been completely renovated to offer the perfect fusion of timeless luxury and style. Situated in the highly sought-after Britannia neighbourhood, this residence boasts sophisticated finishes, walnut doors, paneling, and flooring. The light-filled open-concept space features custom moulding details that frame the ceilings and floors. The gourmet kitchen is a true showpiece; it is equipped with top-of-the-line professional appliances, including an induction cook-top, dual Gaggenau ovens, a wine fridge, a warming drawer, dishwasher drawers, and Sub-Zero fridge. Anchoring the space is an impressive 8-foot custom island crafted with a stunning Natural Stone Quartzite Cristallo, offering both beauty and function. The seamless flow from the kitchen to the living and dining areas makes this home ideal for entertaining in style. The spacious living and dining areas are defined by exquisite walnut paneled millwork and a striking gas fireplace. The open layout is perfect for gatherings and offers a warm and inviting space to relax. Large Lux windows fill the home with natural light and offer tranquil and serene views. Step outside onto your expansive private patio—perfect for enjoying your morning coffee or evening cocktail in complete privacy. The luxurious primary suite is a retreat unto itself and with a spacious bedroom, custom-designed walk-in closet, and a spa-inspired ensuite bath. The ensuite features heated floors, glass-enclosed multi-head shower, deep soaker tub, and a heated towel rack for ultimate comfort. The second bedroom has been expertly milled to serve as both a beautiful home office/den and a flexible guest suite. The inclusion of a Murphy bed allows for overnight guests without compromising on space. An adjacent full bath is equally impressive, offering high-end finishes and thoughtful design. Automated Hunter Douglas blinds, expansive separate storage unit and in-suite laundry complete this impressive property. This boutique building is ideally located just steps from Britannia Plaza and borders the picturesque Britannia Park. Enjoy the convenience of being within walking distance to local shops, cafes, and restaurants while having easy access to all amenities. With only two suites on each floor, this residence offers a rare combination of tranquility and exclusivity. This penthouse is a must-see for anyone seeking a home that blends elegance, modern design, and a truly exceptional living experience. Book your private showing today! More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 1623 9 Street NW in Calgary: Rosedale Detached for sale : MLS®# A2195084

    1623 9 Street NW Rosedale Calgary T2M 3L5
    Main Photo: 1623 9 Street NW in Calgary: Rosedale Detached for sale : MLS®# A2195084
    $824,900
    Residential
    Status:
    Active
    MLS® Num:
    A2195084
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,148 sq. ft.
    Attention builders, investors or homeowners looking to build your dream house. This is an amazing and RARE re-development opportunity! Lot is 50' X 120' with west facing backyard and rear lane in the prestigious inner city community of ROSEDALE. Owner lived here since 1973 in it's present condition. Charm and character abound in this 1950 built bungalow in mostly original condition with hardwood floors, sculpted ceilings and arched doorways. 2 spacious bedrooms on the main floor with another 2 bedrooms in the finished basement with walkout entrance and enclosed porch to the backyard. Single attached garage. Rosedale is a highly sought after neighborhood for executive, single family home redevelopments. Superb location within walking/biking distance to SAIT, downtown, Kensington shops & restaurants, Rosedale K-9 school, and Crescent Road Ridge (McHugh Bluff) walking paths with amazing city/downtown views. Close proximity to Foothills and Children's Hospitals, University of Calgary, Market Mall. Call today for your private showing. More details
    Listed by RE/MAX House of Real Estate
    DIANE RICHARDSON
  • 1906 12 Street SW in Calgary: Lower Mount Royal Row/Townhouse for sale : MLS®# A2187518

    1906 12 Street SW Lower Mount Royal Calgary T2T 3N2
    Main Photo: 1906 12 Street SW in Calgary: Lower Mount Royal Row/Townhouse for sale : MLS®# A2187518
    $825,000
    Residential
    Status:
    Active
    MLS® Num:
    A2187518
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,924 sq. ft.
    Are you a professional single or couple?….. Do you desire an extra LOFT space for a home OFFICE / FITNESS area, or art STUDIO, complete with custom BUILT-IN desks and storage? Do you dream of living in an EXECUTIVE neighborhood with multi-million-dollar homes up the street? Do you desire a fully renovated, high-end CUSTOM home featuring exquisite details like CUSTOM cabinetry, hidden FLAT-PANEL fridges, a sleek MAGNETIC GLASS fireplace, INDUCTION cooktop, coffeebar, and a stunning stone island? Do you envision yourself in a home with TWO expansive PRIMARY bedrooms, each with a luxurious ENSUITE’S. Do DUAL sinks and MASSIVE SHOWERS come to mind? Do you deserve the comfort of DUAL FURNACES and AIR CONDITIONING for year-round climate control? Do you like to scrape ice off your car in the winter NO ? Then park in the large DOUBLE attached underdrive garage. Do you want to enjoy the convenience of walking to local RESTAURANTS, bars, and amenities? Do you value the convenience of CONDO LIVING with NO EXTERIOR MAINTENANCE, allowing you to LOCK and LEAVE whenever you travel? Do you deserve to live this inner-city executive lifestyle, just a short walk from downtown. YES ?? WELL, this should be your new home. We can not list of the amazing features here. Call your favorite Realtor with an eyefor detail to view this home for yourself. (Click on the website link for more details) More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 408 21 Avenue NE in Calgary: Winston Heights/Mountview Detached for sale : MLS®# A2202292

    408 21 Avenue NE Winston Heights/Mountview Calgary T2E 1S8
    Main Photo: 408 21 Avenue NE in Calgary: Winston Heights/Mountview Detached for sale : MLS®# A2202292
    $825,000
    Residential
    Status:
    Active
    MLS® Num:
    A2202292
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    770 sq. ft.
    This property is being sold in conjunction with 2202 Edmonton Trail NE only. Total Price $2,224,000.00. The land size of the combined properties is 13,745 sq ft or 1277 sq m. Approx. 100ft frontage x 125ft depth and 113ft across the back. This is a great potential development site. Potential Land use MU-1/3.5h26 change to allow for many development options . This current home on the site is a good holding property, as it has a legal basement suite, tenants are month to month and has generated $2700 per month. Buy and hold or build now, these locations don't come available to purchase often. More details
    Listed by Century 21 Bamber Realty LTD.
    DIANE RICHARDSON
  • 1503 1 Street SE in Calgary: Beltline Commercial Land for sale : MLS®# A2207537

    1503 1 Street SE Beltline Calgary T2G 2J4
    Main Photo: 1503 1 Street SE in Calgary: Beltline Commercial Land for sale : MLS®# A2207537
    $829,000
    Land
    Status:
    Active
    MLS® Num:
    A2207537
    Click brochure link for more details. Seize a rare opportunity to break ground in one of Calgary’s hottest infill zones! Located in the heart of the Beltline’s vibrant Entertainment District, 1503 1 St SE is a shovel-ready site just steps from the BMO Centre, Stampede Grounds, and other cultural attractions. This prime lot (zoned CC-X for Centre City Mixed Use) already comes with a full Development Permit (In Progress) for a stylish 7-storey boutique hotel with 12 Suites, complete with an inviting rooftop patio (featuring a BBQ area and fire pit) – all designed by the acclaimed Modern Office of Design + Architecture (MoDA). With approvals in place and no major hurdles, you can hit the ground running on a landmark project in Calgary’s booming Beltline. Highlights Pre Application Done and DP In Progress : for a 7-storey hotel / Short Term Rental development, including a rooftop amenity deck with BBQ area and fire pit – a turnkey plan ready to build. Premier Location: Prime Beltline/Entertainment District address, within walking distance to the expanded BMO Centre, Stampede Park, Scotiabank Saddledome, 17th Avenue, and countless downtown amenities. Your guests or tenants will be at the center of it all. Flexible CC-X Zoning: Centre City Mixed Use (CC-X) zoning with discretionary approval already granted for hotel use. This zoning offers broad mixed-use potential (commercial, residential, etc.) – giving developers flexibility to explore various concepts if desired. Generous Density, No Height Limits: FAR 4.0 (Floor Area Ratio) already approved, allowing ~6,601 sq ft of buildable space as per the plans. No maximum building height restrictions – unleash your vision with unlimited vertical potential. Smart Living, Elevated Each suite integrates premium ORI Living systems—space-optimizing Cloud Beds, Pocket Offices, and full kitchens + in-suite laundry—delivering comfort, style, and tech-forward luxury in every room. Iconic Design by MoDA: Stylish, modern architecture by Modern Office of Design + Architecture ensures a standout building. The planned design features eye-catching aesthetics and an attractive rooftop amenity space – perfect for a boutique hotel experience that will draw attention. Urban Convenience, No Parking Needed: Situated in an ultra-walkable, transit-rich area, this project requires no on-site vehicle parking (none provided) under current regulations – a huge cost saver for development. Includes 2 Class-II bicycle stalls to promote and accommodate cycling in Calgary’s downtown, but have various parking spots which could be rented monthly as needed. This offering is tailor-made for developers, short term rental investors, and builders aiming to make their mark in Calgary’s core. All the heavy lifting has been done – approvals secured, prime location locked in, and design ready. Don’t miss out on this turn-key development opportunity to break ground on a flagship project in the Beltline’s most exciting growth area! More details
    Listed by Honestdoor Inc.
    DIANE RICHARDSON
  • 524 54 Avenue SW in Calgary: Windsor Park Detached for sale : MLS®# A2201150

    524 54 Avenue SW Windsor Park Calgary T2V 0C7
    Main Photo: 524 54 Avenue SW in Calgary: Windsor Park Detached for sale : MLS®# A2201150
    $829,000
    Residential
    Status:
    Active
    MLS® Num:
    A2201150
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,146 sq. ft.
    Charming Bungalow in Desirable Windsor Park – A Perfect Opportunity for Investors and Builders! Nestled in the heart of the sought-after Windsor Park neighborhood, this spacious 1,146 sq. ft. bungalow presents an incredible opportunity for investors, builders, or families looking to create their dream home. With 1,072 sq. ft. on the main level and an additional 1,009 sq. ft. in the basement, there is plenty of space to enjoy and customize. This home has been well-maintained and thoughtfully updated over the years, ensuring comfort and value for its next owner. Nearly all windows were replaced just three years ago, improving energy efficiency and curb appeal. A new furnace was installed six years ago, providing peace of mind for the colder months. The roof on both the house and the double detached garage has also been recently replaced, offering long-term durability. Step inside to discover a bright and inviting open-concept living and dining area, perfect for hosting gatherings or enjoying everyday life. The main bedroom and living room feature new laminate flooring, adding a modern touch to the space. The basement includes a brand-new fridge, adding extra convenience for storage and meal preparation. Situated on a generous lot, this home boasts expansive front and back yards, ideal for gardening, outdoor activities, or future expansion. Adding to its appeal, the house faces a beautiful green space that is part of the school, creating a scenic and peaceful setting. With its prime location, solid updates, and endless potential, this Windsor Park bungalow is a fantastic opportunity. Whether you’re looking to renovate, rebuild, or move in and make it your own, this property is full of possibilities! Prime inner-city location, steps to Windsor Park Community Centre, walking distance to Chinook Centre & Britannia Plaza, close to Stanley Park, Sandy Beach, Calgary Golf & Country Club, schools, shopping, public transit & easy access to Elbow Drive & Macleod Trail. Don’t miss your chance to own in one of the city's most desirable neighborhoods—schedule your viewing today! More details
    Listed by RE/MAX Real Estate (Central)
    DIANE RICHARDSON
  • 810 519 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2208970

    810 519 17 Avenue SW Cliff Bungalow Calgary T2S 0A9
    Main Photo: 810 519 17 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2208970
    $829,900
    Residential
    Status:
    Active
    MLS® Num:
    A2208970
    Bedrooms:
    1
    Bathrooms:
    2
    Floor Area:
    1,843 sq. ft.
    Stunning Live-Work Penthouse in the Heart of Trendy 17 Ave SW This exceptional penthouse offers a unique opportunity to live, work, and invest in one of Calgary's most desirable locations. Situated on 17 Ave SW, this modern residence is designed with versatility in mind. Featuring top-of-the-line upgrades and state-of-the-art appliances, it’s perfect for a variety of lifestyles. The layout allows you to comfortably live and work, while also offering the option to Airbnb the bedroom side to help offset costs. Whether you're seeking an elegant home, a professional workspace, or a combination of both, this property adapts to your needs. Don’t miss the chance to own a versatile space in one of the city’s most dynamic neighborhoods. More details
    Listed by CIR Realty
    DIANE RICHARDSON
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Data was last updated April 9, 2025 at 12:05 AM (UTC)
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