Diane Richardson

Cell: 403-397-3706 |

Affordable Calgary Homes for Sale Under $500,000 Calgary Homes for Sale Under $500,000

Looking for Calgary homes for sale under $500,000? Discover an array of affordable properties in one of Canada’s most dynamic cities. In Calgary’s thriving real estate market, buyers can enjoy exceptional value without compromising on quality or convenience. Whether you are a first-time buyer, a savvy investor, or someone ready to downsize, affordable Calgary homes provide the perfect opportunity to secure a comfortable lifestyle in a vibrant community.

Our comprehensive listings showcase a variety of properties under $500,000, from cozy condos to charming single-family homes. Each listing is carefully selected for its prime location, modern amenities, and potential for future growth. Many of these homes are situated in family-friendly neighborhoods, close to top-rated schools, parks, shopping centers, and essential services. This makes owning a home not only a smart financial investment but also a gateway to enjoying Calgary’s exceptional quality of life.

By leveraging expert insights and in-depth market knowledge, you can confidently navigate the competitive Calgary market. Explore our selection today and let us help you find the ideal home that fits your budget and lifestyle, turning your dream of homeownership into a reality.

Contact Diane Richardson

Phone: 403.397.3706
Email: diane@mypadcalgary.com

Unlock Your Calgary Dream Home: Explore Listings by Price Range 

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


Get in Touch with Diane Richardson – Your Trusted Calgary Real Estate Professional

Looking to chat about a property or have questions about buying or selling in Calgary? Diane Richardson is ready to help! Friendly, knowledgeable, and responsive—Diane is committed to making your real estate experience smooth and enjoyable.

Easy Online Contact Form

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

Call Diane Directly

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

Send an Email

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

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

Forgot password Extend Verify Contact

4503 Bowness Road NW
Montgomery Calgary T3B 0A9

$979,900
Residential beds: 3 baths: 1.0 666 sq. ft. built: 1951

Main Photo: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 1: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 2: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 3: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 4: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 5: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 6: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 7: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 8: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 9: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 10: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 11: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 12: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 13: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 14: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 15: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 16: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 17: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 18: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 19: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 20: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 21: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 22: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Photo 23: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2252614
Bedrooms:
3
Bathrooms:
1
Year Built:
1951
MU-1 f3.0 h16 | 50x120 FT CORNER LOT. This is your opportunity to shape the future of one of Calgary’s most dynamic inner-city corridors. Situated on a prominent corner along Bowness Rd NW, this 50x120 ft parcel offers exceptional potential for developers looking to capitalize on the city’s push for vibrant, walkable, mixed-use communities. With MU-1 f3.0 h16 zoning, the site offers the ideal balance of density, flexibility, & neighborhood integration, making it perfectly suited for a range of residential & commercial redevelopment options. CORNER LOT ADVANTAGE – MAXIMUM VISIBILITY & DESIGN FLEXIBILITY. This high-exposure corner lot enhances architectural possibilities, increases natural light, & offers dual street frontage—ideal for activating both facades with retail, townhomes, or a signature multifamily entrance. Corner sites like this are increasingly rare in inner-city redevelopment & provide long-term value through visual prominence & efficient site access. MU-1 ZONING – INFILL-FRIENDLY & FLEXIBLE. Zoned MU-1 with a 3.0 Floor Area Ratio & a maximum building height of 16 metres, this site allows developers the freedom to build up to 18,000+ sq ft (depending on design). Permitted uses include multi-family apartments or condominiums, street-oriented townhomes, live/work units, & boutique medical, office, or retail. This zoning supports a versatile mixed-use format aligned with Calgary’s long-term l& use strategy & provides the flexibility to adapt to changing market dem&s. BOWNESS ROAD NW – A NEIGHBOURHOOD MAIN STREET ON THE RISE. Located within a designated Neighbourhood Main Street in the Calgary Municipal Development Plan, the site benefits from public investment, infrastructure improvements, & strong community engagement. The area is surrounded by shops, parks, transit, schools, & the Bow River Pathway, making it one of Calgary’s most desirable growth corridors. Directly across the street, a 176-unit condo is underway—boosting density and foot traffic that could support two retail bays on this lot. DEVELOPMENT POTENTIAL. Subject to city approval, redevelopment options include mid-rise residential with 12–18 units, a mixed-use building with retail at grade & housing above, or ground-oriented townhomes designed for families, working professionals, or downsizers. A site-specific design could incorporate rooftop patios, green features, & modern architecture to maximize value. Calgary’s continued westward population growth & strong dem& for urban living outside the downtown core position this site perfectly to meet both investor goals & community needs. WHY INVEST HERE? Proven area growth with strong absorption in adjacent developments. Built-in dem& from professionals, families, & downsizers seeking urban lifestyle. Excellent transit connectivity & walkable access to amenities support higher density. City-backed redevelopment vision offers long-term upside. Corner exposure makes this a rare infill with curb appeal & strong development potential.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bungalow
Total Living Area:
666 sq. ft.
Below Grade Finished Area:
712 sq. ft.
Acreage:
No
Lot Area:
5,995 sq. ft.
Lot Frontage:
49'10"
Front Exposure:
Northeast
Levels:
One
Total Rooms Above Grade:
7
Year built:
1951 (Age: 74)
Bedrooms:
3 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
5439FW
Heating:
Forced Air
Basement:
Full, Partially Finished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Hardwood
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Off Street, Parking Pad
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Montgomery
Electric Stove, Refrigerator, Washer/Dryer
None
None Known
Floor
Type
Size
Other
Main Floor
Living Room
15' × 12'
Main Floor
Kitchen
11'10" × 9'9"
Main Floor
Dining Room
6'9" × 4'9"
Main Floor
Foyer
6'3" × 5'8"
Main Floor
Other
7'4" × 5'11"
Main Floor
Bedroom - Primary
12' × 8'9"
Main Floor
Bedroom
9'10" × 6'10"
Basement
Family Room
11'1" × 9'4"
Basement
Laundry
9'6" × 7'1"
Basement
Bedroom
20'7" × 9'7"
Basement
Furnace/Utility Room
7'7" × 6'9"
Basement
Storage
7'4" × 5'9"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
5'6" x 7'9"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
See Remarks
Exterior Features:
Other
Patio And Porch Features:
None
Lot Features:
Corner Lot, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
MU-1 f3.0h16
Listed Date:
Sep 11, 2025
  • Photo 1: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 1 of 23
  • Photo 2: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 2 of 23
  • Photo 3: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 3 of 23
  • Photo 4: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 4 of 23
  • Photo 5: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 5 of 23
  • Photo 6: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 6 of 23
  • Photo 7: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 7 of 23
  • Photo 8: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 8 of 23
  • Photo 9: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 9 of 23
  • Photo 10: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 10 of 23
  • Photo 11: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 11 of 23
  • Photo 12: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 12 of 23
  • Photo 13: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 13 of 23
  • Photo 14: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 14 of 23
  • Photo 15: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 15 of 23
  • Photo 16: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 16 of 23
  • Photo 17: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 17 of 23
  • Photo 18: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 18 of 23
  • Photo 19: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 19 of 23
  • Photo 20: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 20 of 23
  • Photo 21: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 21 of 23
  • Photo 22: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 22 of 23
  • Photo 23: 4503 Bowness Road NW in Calgary: Montgomery Detached for sale : MLS®# A2252614
    Photo 23 of 23
Listed by eXp Realty
Data was last updated October 19, 2025 at 05:30 AM (UTC)
Area Statistics
Listings on market:
28
Avg list price:
$662,450
Min list price:
$429,900
Max list price:
$1,198,000
Avg days on market:
44
Min days on market:
8
Max days on market:
247
Avg price per sq.ft.:
$466.65
These statistics are generated based on the current listing's property type and located in Montgomery. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.