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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Find Your Perfect Home in Calgary: 3 to 8 Bedroom Homes


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Penbrooke Homes & Condos $200,000 +

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1-12/25
  • 408 1727 54 Street SE in Calgary: Penbrooke Meadows Apartment for sale : MLS®# A2207212

    408 1727 54 Street SE Penbrooke Meadows Calgary T2A 1B7
    Main Photo: 408 1727 54 Street SE in Calgary: Penbrooke Meadows Apartment for sale : MLS®# A2207212
    $205,000
    Residential
    Status:
    Active
    MLS® Num:
    A2207212
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    517 sq. ft.
    Welcome home to this beautifully renovated 1 bed and 1 bath condo, vacant and ready for immediate possession! This excellent condo would make a good investment property or is suitable for a first time buyer or retired couple. Upon entrance, the foyer is spacious and gives access to the large laundry room, offering a stacking washer and dryer unit and plenty of storage space. The Kitchen boasts plenty of cabinet and counter space for all your cooking needs, offers a centre island/sink so you can easily entertain your guests from this room. This top floor unit has a spacious balcony overlooking the courtyard, offering a private exposure to the outdoors. The bedroom is a good size with plenty of closet space and direct access to the bathroom. This unit has undergone recent paint, new flooring and is sparkling clean! One titled, underground parking stall is included and is steps away from the elevator. This is a pet friendly building with board approval/restrictions. This prime location offers easy access to the bus or city transit, and is steps away from shopping, amenities and schools. Don't wait, book your private showing today! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 205 1727 54 Street SE in Calgary: Penbrooke Meadows Apartment for sale : MLS®# A2192921

    205 1727 54 Street SE Penbrooke Meadows Calgary T2A 1B7
    Main Photo: 205 1727 54 Street SE in Calgary: Penbrooke Meadows Apartment for sale : MLS®# A2192921
    $209,900
    Residential
    Status:
    Active
    MLS® Num:
    A2192921
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    527 sq. ft.
    INVESTOR AND FIRST-TIME BUYER ALERT. This unit is perfect. 1 BDRM, 1 BATH, INSUITE LAUNDRY, WITH ITS OWN LARGE 2ND FLOOR PATIO WITH GARDEN PLANTERS AND PRIVACY! TITLED PARKING UNDERGROUND AND SECURE, AND BIKE STORAGE UNDERGROUND. LOTS OF VISITOR PARKING UNDERGROUND AS WELL, 12 IN TOTAL. NO PET OR SMOKING RESTRICTIONS. ALL OF THIS IS A REALLY NICE BUILDING, nestled into a quiet neighbourhood, close to everything. Well kept and well run, with secure dial in entry, SECURITY CAMERAS, BEAUTIFUL SITTING AREA ON THE SECOND FLOOR AND ADDITIONAL PRIVATE COURTYARD ON THE SECOND FLOOR WITH GREENERY AND BBQ'S AND FREE PROPANE TO FOR OWNERS TO BBQ AND VISIT. The unit itself is an open-concept design, a really functional, modern kitchen with a breakfast bar to seat 2 at least. ELECTRIC fireplace, sliding door to the patio, in-suite laundry, a nice sized bdrm with his and her closets, and a bathroom that’s a cheater ensuite. Well run with over $500,000 in reserves. Transportation is a breeze: 1# bus to downtown, 23# bus goes up 52nd, close to East Hills shopping center, Costco, Walmart, Cineplex, walking distance to Elliston Park, Bob Bahan swimming pool, Public Library, Sobeys, Lucky Supermarket, Day Care and Kumon after school on the main floor of the building. Don't miss this, it's a rare find. More details
    Listed by One Percent Realty
    DIANE RICHARDSON
  • 211 1727 54 Street SE in Calgary: Penbrooke Meadows Apartment for sale : MLS®# A2198995

    211 1727 54 Street SE Penbrooke Meadows Calgary T2A 1B7
    Main Photo: 211 1727 54 Street SE in Calgary: Penbrooke Meadows Apartment for sale : MLS®# A2198995
    $238,888
    Residential
    Status:
    Active
    MLS® Num:
    A2198995
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    719 sq. ft.
    Exceptional value and opportunity to own or invest in the family-oriented community of Penbrooke Meadows within walking distance to schools, Elliston Park, Bob Bahan Aquatic & Fitness Centre and endless amenities including the ones found on the street level – no need to even leave the complex! This 2 bedroom second floor level includes a private patio nestled amongst garden planters for a tranquil outdoor space. Inside is the perfect layout for privacy with the main living spaces separating the bedrooms. The kitchen is well laid out with loads of cabinets and counterspace plus a raised breakfast bar on the peninsula island. Put your feet up and relax in front of the fireplace in the inviting living room on cool winter evenings. Spend the warmer months barbequing and unwinding on the expansive patio. The primary bedroom is equipped with a large walk-in closet and is conveniently located near the 4-piece bathroom. The second bedroom is ideally located on the other side of the unit for ultimate privacy. In-suite laundry and titled underground parking further add to your comfort and convenience. The complex is well run and beautifully maintained with a fantastic lobby to meet up with neighbours and a breathtaking courtyard to gather under the gazebo. Phenomenally located mere moments from the revitalized International Avenue with diverse shops, limitless restaurants and vast amenities plus the convenient rapid transit line. Less than a 10 minute drive to East Hills Shopping Centre with numerous big box retailers, great restaurants and a Costco. Truly an unsurpassable location for this wonderful home! More details
    Listed by RE/MAX Real Estate (Central)
    DIANE RICHARDSON
  • 335 5404 10 Avenue SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2207778

    335 5404 10 Avenue SE Penbrooke Meadows Calgary T2A 5G4
    Main Photo: 335 5404 10 Avenue SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2207778
    $265,000
    Residential
    Status:
    Active
    MLS® Num:
    A2207778
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    992 sq. ft.
    Welcome to this charming and affordable 3-bedroom townhome in the heart of Penbrooke Meadows, offering 992.4 sq. ft. of functional living space. Whether you're a first-time homebuyer looking for a place to call your own or an investor seeking a great rental opportunity, this home checks all the boxes! The main floor features an inviting living room, a dedicated dining area, and a well-equipped kitchen, making it perfect for everyday living and entertaining. A laundry/utility room adds extra convenience, ensuring everything is within easy reach. Upstairs, you'll find three comfortable bedrooms and a full bathroom, providing ample space and comfort. Step outside to enjoy the large porch, perfect for relaxing with your morning coffee or hosting summer BBQs. With assigned parking, you’ll never have to worry about finding a spot. Located in the convenient community of Penbrooke Meadows, this home offers easy access to schools, parks, shopping, and transit, with quick routes to downtown Calgary and major roadways. With an affordable price tag, this is a fantastic opportunity to step into homeownership or expand your investment portfolio. Don’t miss out—schedule your viewing today! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 35 5425 Pensacola Crescent SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2201828

    35 5425 Pensacola Crescent SE Penbrooke Meadows Calgary T2A 2G7
    Main Photo: 35 5425 Pensacola Crescent SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2201828
    $320,000
    Residential
    Status:
    Active
    MLS® Num:
    A2201828
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,167 sq. ft.
    Perfect for First-Time Homebuyers or Investors! This charming home features a spacious living room with large windows that flood the space with natural light, complemented by stylish ENGINEER HARDWOOD flooring on main & upper level, open floor plan. The gourmet kitchen is equipped with stainless steel appliances and offers ample storage. Upstairs, you'll find 3 cozy bedrooms and a 4-piece bathroom. The fully finished basement includes a generous recreation room, an additional bedroom, and convenient laundry facilities. Enjoy your summer BBQs on the large deck in the private backyard. Ideally located near shops, schools, walking paths, and parks, with easy access to Stoney and Deerfoot Trails, and just a 12-minute drive to downtown. More details
    Listed by RE/MAX Real Estate (Central)
    DIANE RICHARDSON
  • 54 5520 1 Avenue SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2199236

    54 5520 1 Avenue SE Penbrooke Meadows Calgary T2A 5Z7
    Main Photo: 54 5520 1 Avenue SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2199236
    $329,900
    Residential
    Status:
    Active
    MLS® Num:
    A2199236
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,070 sq. ft.
    Location, Location, Location! This fantastic townhouse is situated close to all amenities, including Marlborough Mall, the C-Train, schools, parks, and offers quick access to Stoney Trail and Memorial Drive—making travel north, south, and west a breeze. Featuring two assigned parking spots right in front, this home also backs onto a park for added privacy and outdoor enjoyment. Step inside to a spacious foyer leading to a bright country-style kitchen, complete with a stove, fridge, and plenty of room for a table and chair set. The main level boasts a huge living room, a partially updated half bath, and stylish laminate flooring that continues up the staircase and throughout the three upstairs bedrooms. The upper level offers a generously sized master bedroom with large windows and double closets, along with a renovated 4-piece bathroom. 2 more spacious bedrooms up with ample closet space as well as a linen closet in the hallway up. The basement is mostly finished, featuring two den areas, storage rooms, and a large laundry space—just awaiting ceiling completion. Enjoy outdoor living on the east-facing deck, which opens directly to the park. A fantastic opportunity at this price—don’t miss out! More details
    Listed by Diamond Realty & Associates LTD.
    DIANE RICHARDSON
  • 203 Pennsylvania Road SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2208838

    203 Pennsylvania Road SE Penbrooke Meadows Calgary T2A 5A8
    Main Photo: 203 Pennsylvania Road SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2208838
    $339,900
    Residential
    Status:
    Active
    MLS® Num:
    A2208838
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,108 sq. ft.
    Attention savvy homebuyers! 3 bedroom townhouse, NO CONDO FEES! Start owning your own home with over 1100 square feet of affordable living. With only 5% down, your mortage payments are cheaper than rentals. This home has good bones, however some TLC is needed (flooring and paint). Fenced backyard with lots of room to roam. Ideally located near shops, schools, parks, with easy access to Deerfoot and Stoney, and only 12 minutes from downtown! Easy to show with notice, through ShowingTime. Pictures and RMS measurements to follow. More details
    Listed by RE/MAX Real Estate (Mountain View)
    DIANE RICHARDSON
  • 128 Pennsylvania Road SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2209250

    128 Pennsylvania Road SE Penbrooke Meadows Calgary T2A 6R2
    Main Photo: 128 Pennsylvania Road SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2209250
    $349,000
    Residential
    Status:
    Active
    MLS® Num:
    A2209250
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,380 sq. ft.
    This bright and updated 4-bedroom corner unit townhouse in Penbrooke Meadows offers exceptional value with a rare 4-bedroom layout upstairs, ideal for families or investors. The fully renovated kitchen features stylish white cabinetry, stainless steel appliances, and plenty of counter space, flowing seamlessly into the dining area and open living room with durable laminate flooring throughout. A 2-piece bath completes the main floor for added convenience. Upstairs, you’ll find four well-proportioned bedrooms and a central 4-piece bathroom, easily accessible from all rooms. The unfinished basement offers excellent potential for future development, whether for extra living space, a home gym, or storage. Enjoy the added privacy and space of a corner unit, complete with a large fenced backyard and a paved front driveway for easy parking. This pet-friendly, well-managed complex is located near schools, parks, shopping, and offers quick access to major roadways, making daily life easy and connected. Don’t miss this affordable opportunity in a growing community—book your showing today! More details
    Listed by 2% Realty
    DIANE RICHARDSON
  • 61 5425 Pensacola Crescent SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2206665

    61 5425 Pensacola Crescent SE Penbrooke Meadows Calgary T2A 2G7
    Main Photo: 61 5425 Pensacola Crescent SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2206665
    $349,900
    Residential
    Status:
    Active
    MLS® Num:
    A2206665
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,121 sq. ft.
    QUALITY IS LIKE SHOWHOME ! YOU WON'T FIND THIS QUALITY WORK OFTEN IN THIS PRICE RANGE ! | Brand New LVP Flooring | Custom Fireplace with Tile | All Brand New Kitchen Appliances | New Quarzt Countertop | New Backflash | New Lightning | New Vanity | New 2 Toilets | New Faucet | New Standing Bathroom | New Door Hardware and Bathroom Hardware | Fresh Paint | Newer Windows and Siding | ALL SPECIAL ASSESSMENT HAS BEEN PAID | You will appreciate when seeing in person ! Discover this inviting 3-bedroom, 1.5-bathroom townhouse located in the serene Penbrooke Meadows neighborhood. This home has been fully renovated with new vinyl plank flooring throughout, high end brand-new kitchen appliances, fireplaces, lighting system, washroom vanities. The main floor is flooded with natural lights and it is spacious for dining and living room. The cozy electric fireplace is a highlight in this living room, friendly designed with a built-in TV wall-mount available for your usage. Upstairs you will find one full washroom with exceptional quality luxury bathroom tiles for floors and walls, brand new sinks and toilet. 3 bedrooms on this floor: the primary bedroom is of large size with big windows, the other two are good sized. There's a back door leading to your private yard for outdoor activities or relaxing. The assigned parking slot number 61 is just behind your yard for your convenience. The whole exterior of the building (roof, windows, siding) was redone within the last few years, landscape has always been well maintained by the condo board. This townhouse combines comfort, practicality, and an excellent location, making it a perfect choice for families, first-time homebuyers, or investors. Don't miss the opportunity to make this delightful property your new home. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 39 100 Pennsylvania Road SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2209455

    39 100 Pennsylvania Road SE Penbrooke Meadows Calgary T2A 4Y8
    Main Photo: 39 100 Pennsylvania Road SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2209455
    $365,000
    Residential
    Status:
    Active
    MLS® Num:
    A2209455
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,102 sq. ft.
    Very affordable, spacious, fully finished townhouse in a very well maintained complex. This home, with 3 bedrooms, 1 1/2 bathrooms plus two more rooms in the finished basement, offers a lot of living space for a family. A large living room warmly welcomes you into the home - perfect for family time and to entertain friends and guests. The dining room is perfect for cozy family dinners, games night or just sitting around the table talking. Kitchen is bright with good amount of cabinets and counter space. A 2 piece guest bathroom on this floor too. Three very decent size bedrooms and a 4 piece bathroom on the top level. The basement has a large Rec room and another room with a window that is not egress. One of the stand out features of this home is the large private fenced backyard with a beautiful patio. Here you can relax, enjoy your barbeque and let the children play safely. Parking is right outside the front door. There is lots of visitor parking. Excellent location, walking distance to several schools, shopping, transit and many other amenities. This home is ideal for a first time home-buyer at this affordable price. Always better to Own than rent, so do not miss the opportunity to make this your home. More details
    Listed by URBAN-REALTY.ca
    DIANE RICHARDSON
  • 55 Penworth Close SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2198369

    55 Penworth Close SE Penbrooke Meadows Calgary T2A 5N4
    Main Photo: 55 Penworth Close SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2198369
    $384,500
    Residential
    Status:
    Active
    MLS® Num:
    A2198369
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,096 sq. ft.
    Welcome to this fantastic four-bedroom, 2.5-bathroom gem that offers incredible potential for both investors and first-time homebuyers alike! This property is a real find, featuring a fully finished basement that provides extra living space perfect for entertaining or relaxing with family. One of the standout features of this home is that there are currently tenants in place who are eager to stay, providing you with immediate rental income if you’re looking to invest. Alternatively, if you’re a first-time buyer, this home could be the perfect opportunity to enter the real estate market without the burden of condo fees! The furnace is working but there is a brand new furnace that can be installed. Conveniently located near schools, shopping, public transit, and various amenities, this property is perfect for anyone seeking a vibrant community setting. Whether you enjoy family gatherings in the spacious living areas or take advantage of the nearby facilities, it's all here waiting for you. Don’t miss out on this incredible opportunity! More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 6054 8 Avenue SE in Calgary: Penbrooke Meadows Semi Detached (Half Duplex) for sale : MLS®# A2205187

    6054 8 Avenue SE Penbrooke Meadows Calgary T2A 3V6
    Main Photo: 6054 8 Avenue SE in Calgary: Penbrooke Meadows Semi Detached (Half Duplex) for sale : MLS®# A2205187
    $449,900
    Residential
    Status:
    Active
    MLS® Num:
    A2205187
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    978 sq. ft.
    Ideal for both investors and first-time buyers, this well-located semi-detached home offers easy access to a variety of amenities, including Marlborough Mall, the C-Train, Sobeys, schools, parks, and East Village. Commuters will appreciate the convenient proximity to Highway 1, Stoney Trail, and just a 10-minute drive to Deerfoot Trail. The upper level of the home underwent renovations in 2022, featuring a brand-new kitchen with modern cabinetry, quartz countertops, and newer black appliances. The flooring has been updated to stylish vinyl plank, and the entire level has been freshly painted. This upper level includes a bright and spacious living room with sliding patio doors leading to a south-facing deck, a dining area with built-in shelving for extra storage, three well-sized bedrooms (one currently used for storage), and a fully updated four-piece bathroom with new cabinetry and tile. A washer and dryer are conveniently located down the stairs in the landing to the bottom level to have shared laundry with the lower illegal suite. Additionally, the upstairs windows have been replaced. The lower level features an illegal suite with a separate entrance, offering excellent rental potential. This space includes a generously sized living and dining area, currently utilized as an office, a kitchen with heating plate. the fridge is very large and is located outside the kitchen area. Two bedrooms, and a four piece bathroom are also part of the lower level. The illegal suite also has its own door to the shared washer and dryer for added convenience. The property boasts a spacious backyard with ample parking space. Please note that the home is currently tenant-occupied, and all showings require a minimum of 24 hours' notice. More details
    Listed by Diamond Realty & Associates LTD.
    DIANE RICHARDSON
1-12/25
Data was last updated April 9, 2025 at 12:05 AM (UTC)
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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.