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.

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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


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

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Homes for Sale in Arbour Lake NW Calgary $500,000-$600,000

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  • 911 Arbour Lake Road NW in Calgary: Arbour Lake Detached for sale : MLS®# A2259679

    911 Arbour Lake Road NW Arbour Lake Calgary T3G 4Z9
    Main Photo: 911 Arbour Lake Road NW in Calgary: Arbour Lake Detached for sale : MLS®# A2259679
    $520,000
    Residential
    Status:
    Active
    MLS® Num:
    A2259679
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,200 sq. ft.
    Welcome to unbeatable value in Arbour Lake! This 3-bedroom home offers the big-ticket peace of mind first-time buyers dream of. With newer: Roof (2022), Furnace (2018), Water heater (2016), fresh paint on the main level and more — so you can skip the stress and focus on personalizing the space to truly make it your own. Step inside to a bright main floor with laminated floors and a refreshed kitchen featuring a large pantry, tons of storage, and a layout that just works. Upstairs, you'll find three generous bedrooms and a full bath with Jack'n'Jill doors. The lower level adds serious bonus space — perfect for cozy movie nights, a home office, or future development. RV parking, oversized shed, and a private backyard ready for your dream garden, summer BBQs, or even a future garage. Move-in ready and immediate possession is available. This affordable home is close to everything: the YMCA, the public and separate schools, library, shopping, the LRT station and a 10-minute walk to the lake. Enjoy lake privileges and year-round lake access for swimming, fishing, boating, skating, concession, community events and much more. Easy commute to University of Calgary and downtown! This house won't last long, so book your viewing right now! More details
    Listed by Grand Realty
    DIANE RICHARDSON
  • 64 Arbour Lake Court NW in Calgary: Arbour Lake Row/Townhouse for sale : MLS®# A2261955

    64 Arbour Lake Court NW Arbour Lake Calgary T3G 0H6
    Main Photo: 64 Arbour Lake Court NW in Calgary: Arbour Lake Row/Townhouse for sale : MLS®# A2261955
    $527,348.70
    Residential
    Status:
    Active
    MLS® Num:
    A2261955
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,163 sq. ft.
    Welcome to your dream home! This beautiful two-bedroom condo, backing onto serene green space, offers a perfect blend of comfort and style. With every detail thoughtfully curated. Enter the home to find a quaint flex space and foyer. Up a short flight of stairs to the main floor which features a living room, dining area, and kitchen area complemented by a half bath. Oversized windows on every level provide abundant natural light and stunning views. The upper floor includes convenient laundry and offers an additional flex space, which can be converted into a full washroom if you choose. The single-car attached garage boasts an oversized overhead door. The home includes rough-in gas line for a BBQ, roughed-in air conditioning, and luxury finishes like vinyl plank flooring, quartz countertops, and your choice of Linen or Slate color palettes. With three floors of above-ground living space, this condo is a must-see! Contact us today to make it yours! ( PLEASE note* photos are of similar models but there are not an exact replication of the home) More details
    Listed by KIC Realty
    DIANE RICHARDSON
  • 173 Arbour Grove Close NW in Calgary: Arbour Lake Detached for sale : MLS®# A2254913

    173 Arbour Grove Close NW Arbour Lake Calgary T3G 4J2
    Main Photo: 173 Arbour Grove Close NW in Calgary: Arbour Lake Detached for sale : MLS®# A2254913
    $599,900
    Residential
    Status:
    Active
    MLS® Num:
    A2254913
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,563 sq. ft.
    Welcome to this gorgeous 3-bedroom walkout four-level split, ideally located just steps from everyday amenities, including C-Train station, shopping center, recreational activities, and schools. Designed with an open-concept loft floor plan, the main level features a bright living room, spacious dining area, and a well-appointed kitchen with a corner pantry—perfect for gatherings and entertaining. Upstairs, you’ll find the primary suite with direct access to the main 4-piece bath, a second bedroom, and a versatile loft overlooking the main floor. The fully developed walkout third level offers even more living space with a cozy corner gas fireplace, wet bar, third bedroom, and an additional 4-piece bath. The fourth level is undeveloped, ready for your personal touch and future plans. Modern décor and finishes flow throughout the home, complemented by a sunny south-facing backyard complete with a private hot tub that will stay with the property. Additional highlights include a rear paved lane and double detached garage. Beautifully priced in a prime location, this home is the perfect fit for families, professionals, or anyone looking to enjoy a vibrant lifestyle. More details
    Listed by KT Capital Realty Inc.
    DIANE RICHARDSON
  • 246 Arbour Grove Close NW in Calgary: Arbour Lake Detached for sale : MLS®# A2255193

    246 Arbour Grove Close NW Arbour Lake Calgary T3G 4J4
    Main Photo: 246 Arbour Grove Close NW in Calgary: Arbour Lake Detached for sale : MLS®# A2255193
    $599,900
    Residential
    Status:
    Active
    MLS® Num:
    A2255193
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    894 sq. ft.
    Beautiful Home with Very Unique Floor Plan, Backing to a Greenbelt with Walking/Bike Paths. Gorgeous Open Ceiling concept with Large Bright Windows For an Abundance of Natural Light. Situated on a Quiet Street in the Desirable Community of Arbour Lake. Open Floor Plan with Dining Room Overlooking the Great Room Below. Kitchen Has Ample Cabinets and Counter Space and a Corner Pantry. Spacious Primary Suite Has Large Walk In Closet and 4 Pce. Bath. 2nd Bedroom and 3 Pce. Bathroom Complete This Level. Lower Level Features Great Room with Soaring Ceilings and a Wall of Windows, Which Provide a Spacious Airy Feel. Cozy Gas Fireplace with Circulating Fan for Those Cooler Winter Evenings. 3rd Bedroom, Exercise/Flex Room, Laundry /Utility Room and 4 Pce. Bathroom Complete the Lower Level. Recent Upgrades Include Dishwasher, Electric Range, Washer/Dryer and Central A/C (2021 -2022) Other Upgrades Include Triple Pane Tinted Windows, Shingles, Front and Back Exterior Doors and Vinyl Plank Flooring. Double Detached Garage is Insulated and Drywalled with Access From a Paved Alley. Private Back Yard with Patio and Raised Garden Beds. Very Walkable Neighbourhood with Interconnecting Walkways. Ideally Located Near Schools, Playgrounds and Public Transit. (Walking Distance to LRT). Steps to Crowfoot Shopping Centre for All of Your Shopping and Dining Needs. YMCA and Library are Close By. As a Community Resident You'll Enjoy Exclusive Access to the Private Lake with Active Recreation Programs. Easy Access to Stoney Trail for City Connectivity and Minutes to the Trans Canada Hwy for Mountain Access. More details
    Listed by Real Estate Professionals Inc.
    DIANE RICHARDSON
  • 74 Arbour Stone Rise NW in Calgary: Arbour Lake Detached for sale : MLS®# A2263678

    74 Arbour Stone Rise NW Arbour Lake Calgary T3G 4N3
    Main Photo: 74 Arbour Stone Rise NW in Calgary: Arbour Lake Detached for sale : MLS®# A2263678
    $599,900
    Residential
    Status:
    Active
    MLS® Num:
    A2263678
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,233 sq. ft.
    Located in the family-friendly community of Arbour Lake — the only lake community in Northwest Calgary — this well-maintained modified bi-level is just a short walk to both Arbour Lake School and St. Ambrose School. Residents enjoy year-round lake access with swimming, skating, and community events all close to home. Inside, the bright front living room features large windows that fill the space with natural light, and the open dining area overlooks the living room, creating a comfortable layout for family life. The kitchen offers plenty of counter space and direct access to the back deck and yard. The main level includes three bedrooms, including a primary suite with a walk-in closet and full ensuite. There is no carpet throughout the home—hardwood flooring extends across most of the main floor, and the lower level features newer vinyl plank flooring. The finished basement adds a spacious family room, a fourth bedroom, a full bathroom, and ample storage. This property features central air conditioning for extra comfort on hot summer days and a newer furnace. Situated on a corner lot with no sidewalk to shovel and a front double attached garage. Arbour Lake offers convenient access to Crowfoot Shopping Centre, the Crowfoot C-Train Station, and major routes including Stoney Trail and Crowchild Trail, making it easy to get anywhere in the city. More details
    Listed by RE/MAX iRealty Innovations
    DIANE RICHARDSON
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Data was last updated October 16, 2025 at 10:05 PM (UTC)
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