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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Email: diane@mypadcalgary.com

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Elboya SW Calgary Homes & Condos for sale

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1-11/11
  • 103 4704 Stanley Road SW in Calgary: Elboya Apartment for sale : MLS®# A2267749

    103 4704 Stanley Road SW Elboya Calgary T2S 2R2
    Main Photo: 103 4704 Stanley Road SW in Calgary: Elboya Apartment for sale : MLS®# A2267749
    $284,900
    Residential
    Status:
    Active
    MLS® Num:
    A2267749
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    876 sq. ft.
    Welcome to “The Stanley”, nestled in the highly desirable community of Elboya! This bright & inviting 876 sq ft 2 bedroom condo offers a warm, open concept layout highlighted by large windows that fill the home with beautiful natural light, creating an ideal space for relaxing or entertaining. The stylish kitchen features granite countertops, stainless steel appliances, expresso cabinets, & a generous corner pantry-perfect for preparing your favourite meals or hosting friends. A cozy corner fireplace, high ceilings (knockdown), & in-suite laundry add to the comfort & convenience. Step outside to your private balcony with access to a shared terrace, offering extra room to enjoy morning coffee or summer evenings. The unit includes a heated underground parking stall in a wheelchair-accessible building. All of this in an unbeatable location-just steps to Stanley Park, close to Chinook Centre, schools, restaurants, the LRT, and only minutes to downtown. A wonderful opportunity to enjoy comfortable inner-city living in a truly exceptional community. Vacant and ready for a quick possession! More details
    Listed by Century 21 Bamber Realty LTD.
    DIANE RICHARDSON
  • 4617 Stanley Road SW in Calgary: Elboya Detached for sale : MLS®# A2276653

    4617 Stanley Road SW Elboya Calgary T2S 2R1
    Main Photo: 4617 Stanley Road SW in Calgary: Elboya Detached for sale : MLS®# A2276653
    $729,900
    Residential
    Status:
    Active
    MLS® Num:
    A2276653
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,036 sq. ft.
    Prime investment opportunity in the heart of Elboya on a 50 ft x 120 ft R-CG lot. This raised bungalow with a legal walk-out suite offers dual rental income in one of Calgary’s most desirable inner-city communities, with excellent long-term holding and redevelopment potential. The main floor features two spacious bedrooms, a four-piece bathroom, a bright living room, dining area, and a well-appointed kitchen. The legal lower suite offers two additional bedrooms, a four-piece bathroom, and a full kitchen, with separate private entrances for each unit. Shared spaces include a large utility room with two furnaces, two hot water tanks, and common laundry. Utilities are split between tenants, helping reduce ownership costs. Both leases renew in June, and the tenants have expressed interest in extending their stay with a modest rent increase, providing immediate and stable cash flow for the next owner. Recent upgrades include new egress windows in the basement bedrooms, updated LVP flooring, hardwired smoke and carbon monoxide detectors, a sprinkler system in common areas, new alarm bells, furnace servicing, and yard improvements. The oversized lot offers a large private yard with mature trees, back alley access, and a parking pad. Combined with the front driveway, there is parking for up to six vehicles. Ideally located minutes from downtown, the C-Train, Chinook Centre, parks, schools, and everyday amenities. Whether you are looking to live upstairs and offset ownership costs by renting the legal suite, or secure a strong investment in a high-demand neighbourhood, this property delivers flexibility, income, and long-term value. More details
    Listed by 2% Realty
    DIANE RICHARDSON
  • 3226 7 Street SW in Calgary: A-005 Detached for sale : MLS®# A2272327

    3226 7 Street SW A-005 Calgary T2T 2X7
    Main Photo: 3226 7 Street SW in Calgary: A-005 Detached for sale : MLS®# A2272327
    $1,159,000
    Residential
    Status:
    Active
    MLS® Num:
    A2272327
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,843 sq. ft.
    A lovely residence in highly sought after Elbow Park. Florence’s house is a vintage 1,843 square foot 2-storey on a private 33 X 125 foot lot, a few homes in from Christ Church park. Last sold in 1955, consider this property + house to be a blank canvas at an attractive entry level price; in a prime location. The current home is solid, functional, + comfortable., as it was occupied by one family for 25 years. A formal entry leads to living/dining spaces, family room, full bathroom, and galley style kitchen. Upstairs are 4 good sized bedrooms + full bath, which could be re-configured to a fabulous 3 bedroom with master/walk-in closet/ensuite. The lower level is fully finished and provides plenty of storage, a 2-piece bath, kids play/hobby room, and laundry space. With no structure’s immediately adjacent on the south side, the lot enjoys incredible sun throughout the day. Don’t miss the paved alley way, private back deck, single detached garage, and quiet streetscape. More details
    Listed by RE/MAX Realty Professionals
    DIANE RICHARDSON
  • 1225 Riverdale Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2272388

    1225 Riverdale Avenue SW Elbow Park Calgary T2S 0Z1
    Main Photo: 1225 Riverdale Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2272388
    $1,950,000
    Residential
    Status:
    Active
    MLS® Num:
    A2272388
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,884 sq. ft.
    One of the last remaining building opportunities on the coveted cul-de-sac block of Riverdale Avenue before Sandy Beach, this 63' x 125' south-backing lot offers an exceptional canvas for your future dream home. Surrounded by executive level residences, the property offers privacy and unmatched access to Calgary’s parks and pathways. Located just half a block from Sandy Beach and the Elbow River Pathway System, you’ll find yourself in the heart of Elbow Park, one of Calgary’s most desirable inner-city communities. Families will appreciate being only 600m from top-rated Elbow Park Elementary School and just 2km from the Glencoe Club—an easy, scenic stroll through beautifully tree-lined streets. Walkability and lifestyle are outstanding, with quick access to the boutiques, cafés, and restaurants along 4th Street and 17th Avenue, while remaining within walking distance of schools at all levels: this address sits within the highly sought-after Elbow Park Elementary, Rideau Park, and Western Canada High School catchment area. The existing home is a ~1884 sq. ft. bungalow featuring a 2+2 bedroom layout, a bright open kitchen, vaulted family room with rear yard access, and a primary bedroom with 3-piece ensuite. While the property is being marketed for its land value and redevelopment potential, the home includes a newer furnace and hot water tank and with a little TLC it could serve as a rental during the planning and design phase. This is a rare opportunity to secure a premier lot in one of Calgary’s most prestigious neighbourhoods, just steps from the river, pathways, parks, schools, and some of the cities finest amenities. Contact us for more information on this rare opportunity! More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 3025 Elbow Drive SW in Calgary: A-005 Detached for sale : MLS®# A2240454

    3025 Elbow Drive SW A-005 Calgary T2S 2J3
    Main Photo: 3025 Elbow Drive SW in Calgary: A-005 Detached for sale : MLS®# A2240454
    $2,350,000
    Residential
    Status:
    Active
    MLS® Num:
    A2240454
    Bedrooms:
    4
    Bathrooms:
    6
    Floor Area:
    4,246 sq. ft.
    Introducing the Campbell Residence – A Rare Offering in the Heart of Elbow Park! Built in 1912, The Campbell Residence is a beautifully restored example of Georgian Revival-style architecture in Calgary. Situated on a 60' x 126' lot across from the Elbow River and surrounded by mature trees and lush landscaping, this 4,250 sq.ft. red-brick estate blends timeless architectural charm with modern functionality for contemporary living. Its dignified exterior—defined by formal symmetry, quality pressed brick, and a full-width veranda with classical balustrades—recalls the grace of substantial American colonial homes. But step inside, and you’ll find a residence that has been thoughtfully and extensively restored to today’s standards while preserving its historic soul. This home also has a storied past. Joseph Campbell acquired the lot in 1911, and in the decades that followed, it was occupied by several notable Calgarians, including Percy Carson, Mrs. Adelaide E. Parker, and Mrs. W.A. Stevens. From 1924 to 1927, it was the residence of John Burns, and nephew of Senator Patrick Burns. From 1929 to 1957, the home was owned by industrialist Frederick L. Irving and his family—marking over four decades of prominence in Calgary’s social and business history. Inside, expansive principal rooms offer exceptional flow for everyday living and elegant entertaining. The formal living room features original millwork, a fireplace, and French doors that open to a private southwest-facing patio with an outdoor fireplace. The formal dining room is ideal for hosting, while a cozy family room with its own fireplace provides a relaxed retreat. The beautifully updated kitchen pairs heritage style with high-end functionality—featuring classic white cabinetry, a generous walk-in pantry, top-tier appliances, a hearth-style sitting area with fireplace, and heated floors. The upper floors include four bedrooms—three with ensuites—highlighted by a luxurious primary suite with a 5-piece ensuite and a spacious laundry room. The third floor offers flexible space for a gym or quiet retreat, complete with a large bedroom and full bathroom—ideal for teens, guests, or a live-in nanny. A den or home office completes this versatile level. Modern upgrades are seamlessly integrated throughout, including new electrical and plumbing systems, built-in Sonos surround speakers, Nest thermostats, and secure electronic entry and car gates—all enhancing daily comfort. The lower level is currently undeveloped but includes full architectural plans, offering the opportunity to tailor additional living space to your needs. A triple heated attached garage with an oversized door also includes a lofted bonus space—perfect for a gym, art studio, or music retreat. Enjoy a walkable lifestyle just steps to top schools, parks, river pathways, the Glencoe Club, and the shops and restaurants of 4th Street. With its rich history, modern upgrades and unbeatable location, The Campbell Residence is a true legacy home. More details
    Listed by Sotheby's International Realty Canada
    DIANE RICHARDSON
  • 420 49 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2253807

    420 49 Avenue SW Elboya Calgary T2A 1G2
    Main Photo: 420 49 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2253807
    $2,585,000
    Residential
    Status:
    Active
    MLS® Num:
    A2253807
    Bedrooms:
    6
    Bathrooms:
    6
    Floor Area:
    3,617 sq. ft.
    Exquisite Custom Home in the Heart of Elboya. Welcome to an unparalleled offering in the prestigious community of Elboya—an architecturally significant, custom-built residence that seamlessly blends timeless elegance with modern sophistication. Designed by renowned Vancouver architect Alex Voth in collaboration with esteemed interior designer Paul Lavoie, this masterfully curated home showcases over 5,200 sq ft of luxurious living space across three levels. Set on an expansive lot just minutes from downtown Calgary and steps from the shops and amenities of Britannia, this property offers the rare combination of inner-city convenience and refined residential living. From the moment you enter, you are greeted by a classic centre hall plan that exudes elegance and balance. The formal living and dining rooms are perfect for entertaining, while the light-filled office near the entry provides a serene workspace. At the heart of the home lies a chef’s kitchen featuring premium appliances, bespoke cabinetry, and luxurious finishes—flowing seamlessly into a warm and inviting family room. The upper level hosts four generously sized bedrooms, including a lavish primary suite with a spa-inspired ensuite and thoughtfully designed walk-in closet. The lower level is equally impressive, offering a large recreation space, additional bedrooms, and a unique second basement beneath the garage—constructed with a suspended slab and radiant in-floor heating. This extraordinary flex space is ideal for a private gym, studio, workshop, or seasonal storage. Every detail in this residence speaks to its superior craftsmanship and design integrity—offering understated luxury in one of Calgary’s most desirable neighbourhoods. This is a rare opportunity to acquire a truly one-of-a-kind home in Elboya—where architectural pedigree meets lifestyle excellence. More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 625 Britannia Drive SW in Calgary: A-103 Detached for sale : MLS®# A2264194

    625 Britannia Drive SW A-103 Calgary T2S 1J2
    Main Photo: 625 Britannia Drive SW in Calgary: A-103 Detached for sale : MLS®# A2264194
    $2,950,000
    Residential
    Status:
    Active
    MLS® Num:
    A2264194
    Bedrooms:
    4
    Bathrooms:
    7
    Floor Area:
    4,621 sq. ft.
    A rare offering on Britannia Drive, this exquisite estate captures the essence of modern luxury with over 4,600 square feet above grade of thoughtfully designed living space. Every element has been curated with precision—from its statement steel entry door to the seamless flow of sun-filled interiors overlooking the south backyard. The main level blends warmth and sophistication through its open design and natural textures. Expansive windows flood the home with light, highlighting brushed cashmere hardwood floors, exposed timber accents, and rich custom millwork. The kitchen is a showpiece in both style and function, featuring professional-grade appliances, Caesarstone countertops, an oversized island, and a butler’s pantry with stand-up freezer. The adjoining dining and great room, framed by a gas fireplace, invite effortless entertaining and relaxed everyday living. A well-appointed main-floor office with built-ins provides privacy and focus. The second level is dedicated to rest and retreat. The primary suite features dual walk-in closets, a spa-inspired ensuite with steam shower and freestanding tub, and a private balcony that welcomes morning light. Two additional bedrooms—each with ensuite baths and custom walk-in closets—offer comfort and independence. A bonus room with a gas fireplace opens to a front balcony with downtown views, while an additional flex space adapts perfectly to a home office, playroom, or study nook. The third floor is an adaptable hideaway ideal for guests, teens, or a media lounge, complete with a built-in bar and Murphy bed desk. The fully developed lower level enhances the home’s entertaining appeal, offering heated concrete floors, a glass-enclosed wine cellar, a wet bar, and an expansive recreation area. A private living quarters with kitchen, laundry, and full bath provides private accommodation for a nanny, extended family, or guests. Outdoors, the south-facing backyard is designed for easy enjoyment with multi-level decks and newly added turf—perfect for low-maintenance living. Car enthusiasts will appreciate the heated, oversized triple garage with capacity for up to five vehicles when equipped with lifts, offering ample space for storage and collection. Additional features include three fireplaces, concrete stair treads, 9- and 10-ft ceilings, a hidden loft above the laundry room, and exceptional built-ins throughout. Perfectly positioned near the Elbow River pathways, The Glencoe Club, Calgary Golf & Country Club, top schools, and downtown’s finest amenities, this Britannia Drive residence offers an extraordinary lifestyle in one of Calgary’s most distinguished settings. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 412 40 Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2276516

    412 40 Avenue SW Elbow Park Calgary T2S 0X6
    Main Photo: 412 40 Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2276516
    $3,149,000
    Residential
    Status:
    Active
    MLS® Num:
    A2276516
    Bedrooms:
    5
    Bathrooms:
    5
    Floor Area:
    3,073 sq. ft.
    OPEN HOUSE – Jan 3 & Jan 4, 2 - 4 PM!! Welcome to 412 40 Avenue SW, a rare opportunity to own a brand new home by Platinum Build Homes in prestigious East Elbow Park. With nearly 4,450 sq. ft. of thoughtfully designed living space, this timeless home blends classic architecture with luxurious modern details. Situated on a mature, tree-lined street with unobstructed front views and steps from the Elbow River, the setting offers both tranquility and a true inner-city lifestyle. A beautiful stone exterior, heated driveway, and grand front steps create exceptional curb appeal. Inside, a soaring entryway welcomes you to a bright and open main floor featuring a private office with custom millwork, and an elegant kitchen and family area with built-in cabinetry and top-of-the-line Wolf and Miele appliances. Upstairs, the primary suite features a sunny south-facing balcony, a spa-like ensuite, and a walk-in closet. Two additional bedrooms each have their own ensuite and walk-in closet, along with a laundry room and a bonus room for extra flexibility. The lower level is built for entertaining and relaxation, featuring a stunning bar with a glass wine room, radiant-heated epoxy floors, a large recreation room, home gym, and two additional bedrooms with a full bath. With so many thoughtful features and exquisite details throughout, this home is truly best experienced in person.. Book your private showing today. More details
    Listed by Comox Realty
    DIANE RICHARDSON
  • 3637 13 Street SW in Calgary: A-005 Detached for sale : MLS®# A2271531

    3637 13 Street SW A-005 Calgary T2T 3R2
    Main Photo: 3637 13 Street SW in Calgary: A-005 Detached for sale : MLS®# A2271531
    $3,390,000
    Residential
    Status:
    Active
    MLS® Num:
    A2271531
    Bedrooms:
    6
    Bathrooms:
    6
    Floor Area:
    3,640 sq. ft.
    Welcome to this exquisite custom Maillot home, nestled in coveted upper Elbow Park, just steps from the expansive River Park pathway and William Reid French Immersion School. With over 5,000 sq.ft. of beautifully designed living space, this 6-bedroom, 6-bathroom home offers the perfect balance of modern elegance and family functionality. Upon entry, you’ll be greeted by an open, airy floor plan featuring 10’ ceilings, elegant light fixtures, and polished chrome details. The chef-inspired kitchen, equipped with top-of-the-line Wolf and Sub-Zero appliances, is the heart of the home. The spacious great room, with its cozy gas fireplace, and adjoining dining area make this space ideal for both relaxed family living and sophisticated entertaining. A large mudroom and walk-through pantry lead directly to the kitchen, making meal prep a breeze. The main level also includes a convenient den, perfect for a home office or dining room. Upstairs, the second level boasts 4 generously sized bedrooms, each with ample closet space, along with a cozy sitting area and a full laundry room. The opulent master suite features a luxurious 5-piece ensuite, complete with a steam shower and in floor heating for ultimate relaxation. The lower level is designed for fun and relaxation, with radiant in-floor heating, a large family room, full bar, private powder room, and 2 additional bedrooms that share a Jack & Jill bath. Outside, the west-facing backyard is fully landscaped and features a covered deck with a motorized awning, offering the perfect space to unwind. The oversized triple garage is heated, with an EV charger and ample storage space. Additional highlights of this home include double air conditioning units, 8” white oak engineered hardwood flooring, a Hans Grohe/Grohe/Brizo plumbing package, and triple-glazed windows throughout. With its prime location, elegant finishes, and family-friendly design, this home is truly a must-see. More details
    Listed by RE/MAX House of Real Estate
    DIANE RICHARDSON
  • 1128 Riverdale Avenue SW in Calgary: A-005 Detached for sale : MLS®# A2269719

    1128 Riverdale Avenue SW A-005 Calgary T2S 0Y8
    Main Photo: 1128 Riverdale Avenue SW in Calgary: A-005 Detached for sale : MLS®# A2269719
    $3,900,000
    Residential
    Status:
    Active
    MLS® Num:
    A2269719
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    3,795 sq. ft.
    Welcome to Elbow Park! Nestled along the banks of the Elbow River and located on the prestigious Riverdale Avenue—one of Calgary’s most desirable streets—this stunning 3,795 sq ft home offers breathtaking river views, exceptional design, and the ideal spaces your family has been dreaming of. Designed with openness and elegance in mind, the home features soaring vaulted ceilings, floor-to-ceiling windows, and two cozy fireplaces that enhance the inviting atmosphere. The open-concept main level boasts a bright living room, a quiet home office, a formal dining room, and a spacious family room. The gourmet kitchen is a chef’s dream with granite countertops, a breakfast nook, and a casual eating area. Upstairs, the luxurious primary suite overlooks the river and includes a private retreat, two generous walk-in closets, and a spa-like 6-piece ensuite. Two additional bedrooms share a 4-piece bathroom, and a bright loft area offers views over the family room below. The fully developed lower level includes a media/family room, two more bedrooms, an exercise room, and a 3-piece bathroom. Step outside to enjoy the peaceful setting featuring river views, a large concrete patio, and a professionally landscaped yard perfect for relaxation and entertaining. More details
    Listed by Grand Realty
    DIANE RICHARDSON
  • 4116 Crestview Road SW in Calgary: A-005 Detached for sale : MLS®# A2274179

    4116 Crestview Road SW A-005 Calgary T2T 2L4
    Main Photo: 4116 Crestview Road SW in Calgary: A-005 Detached for sale : MLS®# A2274179
    $4,500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2274179
    Bedrooms:
    5
    Bathrooms:
    9
    Floor Area:
    5,417 sq. ft.
    Understated elegance & sophistication describe this gorgeous property located on one of Elbow Park’s most sought after streets. Offering 4+1 bedroom’s, 9 bathrooms and 7,136 SF of livable space this home has been meticulously brought to life by DWK Interiors and was a finalist for Western Living’s ‘Interior Designer of the Year’ Award. You are welcomed in to a large foyer and will immediately feel the bespoke finishing as your view takes in the Pearl White Epoxy floor and smoky finished mirrors. The heart of a home is the kitchen where Black Dekton Stone is freely used for countertops, backsplash and cabinetry that is beautifully contrasted with walnut features. The 60” Wolf Range and SubZero Refrigerator are best in class. The Dekton continues into the Butler Pantry which offers augmented prep space and an oversized 2nd Fridge and Freezer. Take your eyes off of the 16’ Island and oversized rain-drop light fixture and you won’t miss the temperature controlled wine cellar (220 Bottles) that leads right into the rear wall which is a full Nano Accordion Door that fully opens to the outdoor space. A custom wall bar compliments all these spaces as you move into the living room which makes a statement with the Walnut feature wall! From the living room you can easily walk past a chic powder room and find yourself immersed in the event space set up with entertainment in mind. This room exudes class with White Oak herringbone patterned hardwood grounded by a black & gold diamond design built-in. The ceiling is covered in black leather-like wall paper and all leads to a formal dining area lit up by a 10’ gold custom chain link layered fixture. Venture upstairs to 3 secondary bedrooms that are all Suite-Like with exclusive ensuites and customized perfectly for the whole family. The Primary Suite offers 2 separate walk-in closets and an ensuite which features more Dekton counters with accents of gold and white & full slab tiled walls. LOVE the floating bath and the steam shower showcasing Italian wood textured tile. Upstairs laundry room with double washer and dryers completes this floor. The 3rd story loft is perfect as a bonus room, office or craft room with private bathroom and roof-top patio. It offers a fridge, sink and mini dishwasher with custom millwork and built-ins. The walk-up lower level functions perfectly as a family retreat and games space with a full service bar area. A Large fitness room also showcases a custom one-of-kind wall mural by internationally known artist Michelle Hoogsveld. The 5th bedroom and private ensuite is set up for a live-in nanny or house guests. Huge mud-room with lockers and cabinetry allow for hiding all your gear. Oversized triple/tandem garage has slat walks to assist with storage, dog or bike wash and heated epoxy floors. The rear yard offers multiple multiple options for play-time or relaxation with an oversized pool with swim up bar and fully appointed outdoor kitchen including pizza oven! Call for private showing today! More details
    Listed by RE/MAX First
    DIANE RICHARDSON
1-11/11
Data was last updated January 5, 2026 at 12:05 PM (UTC)
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