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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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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CALGARY 5 BEDROOM HOMES FOR SALE

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  • 99 Applegrove Crescent SE in Calgary: Applewood Park Detached for sale : MLS®# A2248123

    99 Applegrove Crescent SE Applewood Park Calgary T2A 7R5
    Main Photo: 99 Applegrove Crescent SE in Calgary: Applewood Park Detached for sale : MLS®# A2248123
    $275,000
    Residential
    Status:
    Active
    MLS® Num:
    A2248123
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,184 sq. ft.
    Half Ownership of Property for Sale. Disclosure: this is a civil enforcement listing and access for measurements isn’t possible at this time, all information contained has been taken from a previous listing. Showings may be permitted however not at this time. This property was previously listed so feel free to get more details from that. Once we receive an offer, the lawyer will request a judge to grant access to the property for a viewing/ home inspection provided that is a condition. Home being 'sold as is, where is'. More details
    Listed by Royal LePage Benchmark
    DIANE RICHARDSON
  • 104 19 Street: Fort Macleod Detached for sale : MLS®# A2246203

    104 19 Street Fort Macleod Fort Macleod T0L 0Z0
    Main Photo: 104 19 Street: Fort Macleod Detached for sale : MLS®# A2246203
    $299,000
    Residential
    Status:
    Active
    MLS® Num:
    A2246203
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,392 sq. ft.
    Spacious 4-Bedroom Home in Fort Macleod! This bright corner-lot home features new flooring, air conditioning, and tons of natural light. Single detached garage .Down stairs could be a suite if desired. Great value with loads of potential More details
    Listed by eXp Realty of Canada
    DIANE RICHARDSON
  • 35 West Civic Avenue: Magrath Full Duplex for sale : MLS®# A2245829

    35 West Civic Avenue Magrath Magrath T0K 1J0
    Main Photo: 35 West Civic Avenue: Magrath Full Duplex for sale : MLS®# A2245829
    $300,000
    Residential
    Status:
    Active
    MLS® Num:
    A2245829
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    2,295 sq. ft.
    RARE Magrath Duplex Opportunity! Whether you’re an investor, multi-generational family, or someone dreaming of rental income potential—this FULL duplex in the heart of Magrath is a rare gem you won’t want to miss! Sitting on a massive lot just steps from the school, pool, library, and church, this solid brick exterior property offers two distinct living spaces: Side A: A charming bungalow with 2 bedrooms, full bath & main floor laundry Side B: A spacious 2-storey with 3 bedrooms & full bathroom upstairs, plus a full basement with potential for a 4th bedroom or extra family room Yes, it could use a little TLC, but that’s exactly what makes this such an incredible value. With good bones, curb appeal, and tons of potential, this is the kind of opportunity that doesn’t come around often. Live on one side & rent the other, renovate & flip, or hold as a long-term investment — the possibilities are endless! Don’t miss your chance to own a unique, income-generating property in beautiful Magrath. More details
    Listed by Grassroots Realty Group
    DIANE RICHARDSON
  • 3 Columbia Place W: Lethbridge Detached for sale : MLS®# A2241289

    3 Columbia Place W Lethbridge Lethbridge T1K 5A8
    Main Photo: 3 Columbia Place W: Lethbridge Detached for sale : MLS®# A2241289
    $309,900
    Residential
    Status:
    Active
    MLS® Num:
    A2241289
    Bedrooms:
    6
    Bathrooms:
    2
    Floor Area:
    842 sq. ft.
    Welcome to 3 Columbia Place West—a fantastic opportunity for first-time home buyers or investors looking to expand their portfolio. Located in the highly sought-after community of Varsity Village, this bi-level home offers exceptional value and income potential. Featuring 6 bedrooms, all currently rented out, this property provides strong cash flow from day one. It includes a finished basement, sits on a 2,920 sq ft lot, and is occupied by long-term tenants, making it a turnkey investment with minimal hassle. Perfectly positioned near schools, parks, shopping, and just minutes from the University of Lethbridge, this location is ideal for student rentals or multi-family living. Whether you’re looking to live in part of the home and rent out the rest or hold it as a fully tenanted asset, the flexibility and earning potential are hard to beat. Don’t miss your chance to own a high-yield property in one of Lethbridge’s most desirable neighbourhoods. Contact your favourite Realtor® to book a showing today! More details
    Listed by Century 21 Foothills South Real Estate
    DIANE RICHARDSON
  • 817 2 Street E: Cardston Detached for sale : MLS®# A2202160

    817 2 Street E Cardston Cardston T0K 0K0
    Main Photo: 817 2 Street E: Cardston Detached for sale : MLS®# A2202160
    $320,000
    Residential
    Status:
    Active
    MLS® Num:
    A2202160
    Bedrooms:
    6
    Bathrooms:
    2
    Floor Area:
    1,120 sq. ft.
    Here is a very well-kept bungalow, with beautiful wainscotting and natural hardwood floors!! This home features a brand-new, stylish basement suite that is perfect for extended family, guests, or rental income potential. Complete with its own private entrance, kitchen, and bathroom, this space is a rare find and adds incredible value to the property. Not only that, but the dual laundry facilities (upstairs and downstairs) for added convenience, is a huge plus!! The freshly painted interiors and modern finishes throughout make this home ready for you to move in! More details
    Listed by SUTTON GROUP - LETHBRIDGE
    DIANE RICHARDSON
  • 1301 9 Avenue N: Lethbridge Detached for sale : MLS®# A2239449

    1301 9 Avenue N Lethbridge Lethbridge T1H 1H3
    Main Photo: 1301 9 Avenue N: Lethbridge Detached for sale : MLS®# A2239449
    $340,000
    Residential
    Status:
    Active
    MLS® Num:
    A2239449
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,307 sq. ft.
    This 5 bedroom house offers tons of space and has so much potential. It has 3 bedrooms up with a large living room and another 2 bedrooms down with a large family room providing plenty of space for everybody. The main floor has hardwood floors throughout except for the kitchen which has tile. The kitchen is simple and functional with a bright dining room right off of it. The large living room is open and bright thanks to large windows facing the front fenced courtyard area of the yard. There are 3 large bedrooms on this level, a 4 piece bathroom, and the laundry conveniently located in the hallway. As you make your way downstairs you will notice a second laundry hook-up from when they relocated the laundry upstairs for better convenience. The downstairs offers a large open family room and den area along with 2 more bedrooms and a 3 piece bathroom. There are 3 separate entrances to the home, 2 just off the mudroom that is between the single attached garage and the house, and the front door within the fenced yard. The home and yard are large and have so much potential. Located near parks, schools, and the Logan Boulet Arena. More details
    Listed by RE/MAX REAL ESTATE - LETHBRIDGE
    DIANE RICHARDSON
  • 20 Purdue Court W: Lethbridge Detached for sale : MLS®# A2248321

    20 Purdue Court W Lethbridge Lethbridge T1K 4R8
    Main Photo: 20 Purdue Court W: Lethbridge Detached for sale : MLS®# A2248321
    $345,500
    Residential
    Status:
    Active
    MLS® Num:
    A2248321
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,289 sq. ft.
    Whether you’re a first-time buyer with big dreams, a hammer-slinging handyman, or an investor hungry to expand your rental empire, this 5-bedroom, 2-bath, 4-level split is here to fulfill — your vision. This home can be “move-in ready” if you’re into that cozy, pre-loved vibe… or it can be the perfect canvas for a HGTV-worthy facelift if you’ve got a vision. We’ve priced it under $350,000 because, frankly, there are a few charming quirks and unfinished tasks we’ve generously left for you (you’re welcome). The 4-level design means everyone gets their own space: teenagers can sulk undisturbed, in-laws can visit without overstaying, and you can binge Netflix without hearing someone yell “Where’s the mayonnaise?” from the kitchen. Outside, the yard’s got a swing gate for all your oversized ambitions — like building a massive hobby shed for your tools, ATVs, or that hot tub you swear you’ll use more than twice. Or skip all that and turn it into a Pinterest-perfect garden green space to read a book in and relax. And remember: stand-alone homes on the west side of Lethbridge are rarer than a calm day at IKEA. Don’t let this one get away. So, if you’ve been waiting for a sign, consider this it! Book a showing ASAP with any lovely agent so you don't miss this opportunity! More details
    Listed by Century 21 Foothills South Real Estate
    DIANE RICHARDSON
  • 257 3 Street W: Cardston Detached for sale : MLS®# A2245597

    257 3 Street W Cardston Cardston T0K 0K0
    Main Photo: 257 3 Street W: Cardston Detached for sale : MLS®# A2245597
    $349,000
    Residential
    Status:
    Active
    MLS® Num:
    A2245597
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,430 sq. ft.
    ONLY 1/2 BLOCK FROM THE TEMPLE, THIS 3 BEDROOM WITH A MAIN FLOOR LAUNDRY WOULD BE PERFECT FOR A RETIRED COUPLE. THE BASEMENT IS COMPLETELY FINISHED WITH A 2 BEDROOM SUITE AND ITS OWN SEPARATE ENTRANCE. VAULTED CEING IN LIVING AREA, 2 WOOD BURNING FIREPLACES 1 UP AND 1 DOWN. FULL BATH UP AND A 3/4 BATH DOWN. LOTS OF STORAGE THRU OUT. ILLEGAL SUITE IN BASEMENT. More details
    Listed by RE/MAX CARDSTON REALTY
    DIANE RICHARDSON
  • 716 2 Avenue: Cowley Detached for sale : MLS®# A2243616

    716 2 Avenue Cowley Cowley T0K 0P0
    Main Photo: 716 2 Avenue: Cowley Detached for sale : MLS®# A2243616
    $349,500
    Residential
    Status:
    Active
    MLS® Num:
    A2243616
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,176 sq. ft.
    Great family home located on a beautiful oversized, fenced lot in the hamlet of Cowley in the Foothills of Alberta, 20 minutes from the Crowsnest Pass. This bi-level home has three bedrooms and a bathroom on the main floor with two additional bedrooms and a bathroom on the lower level. Fantastic huge lot with back lane access offers the rare possibility of building an X-large garage. This very sunny hamlet is a gardener’s paradise. Close to Castle Mountain ski resort and the many mountain trails in the Castle area. More details
    Listed by ROYAL LEPAGE SOUTH COUNTRY - Crowsnest Pass
    DIANE RICHARDSON
  • 409 9 Street E: Drumheller Detached for sale : MLS®# A2246899

    409 9 Street E Drumheller Drumheller T0J 0Y5
    Main Photo: 409 9 Street E: Drumheller Detached for sale : MLS®# A2246899
    $349,900
    Residential
    Status:
    Active
    MLS® Num:
    A2246899
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,090 sq. ft.
    Great Buy in Riverside ! Just steps from the Valleys Trail system, Park, River and Playground. This Bungalow offers 3 Bedrooms on the main with a 4pc bathroom, formal dining, kitchen with pass through to living room. Downstairs a rec room, den, 2 bedrooms and another bathroom. Attached tandem 26.5x17 garage, fenced yard with patio, and shed, off street parking in the back. With upgraded Shingles, windows, flooring, Newer Furnace and Sewer line makes this home move in ready. More details
    Listed by RE/MAX Now
    DIANE RICHARDSON
  • 520 6 Street W: Cardston Detached for sale : MLS®# A2248817

    520 6 Street W Cardston Cardston T0K 0K0
    Main Photo: 520 6 Street W: Cardston Detached for sale : MLS®# A2248817
    $360,000
    Residential
    Status:
    Active
    MLS® Num:
    A2248817
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,040 sq. ft.
    This well-maintained home offers comfort, functionality, and excellent potential for added value. Featuring new flooring throughout and a renovated main bathroom, the property is move-in ready with modern updates already completed. The layout includes 3 bedrooms on the main level and 2 additional bedrooms downstairs, providing ample space for families of all sizes. The home was previously suited, and with minimal effort, it could easily be converted back, perfect for generating extra rental income or accommodating extended family. Situated on a quiet street, the property boasts a fenced yard, carport, and plenty of off-street parking, including space for your RV, camper, or boat. Most of the windows have already been updated, adding to the home’s efficiency and appeal. This property checks all the boxes for a family home or investment opportunity—don’t miss your chance to make it yours! More details
    Listed by SUTTON GROUP - LETHBRIDGE
    DIANE RICHARDSON
  • 1505 6A Avenue N: Lethbridge Detached for sale : MLS®# A2244060

    1505 6A Avenue N Lethbridge Lethbridge T1H 0V9
    Main Photo: 1505 6A Avenue N: Lethbridge Detached for sale : MLS®# A2244060
    $363,000
    Residential
    Status:
    Active
    MLS® Num:
    A2244060
    Bedrooms:
    6
    Bathrooms:
    2
    Floor Area:
    1,375 sq. ft.
    This large 6 bedroom brick bungalow is ideal for the busy family. Most of the bedrooms are spacious with lots of built in storage. There is Main Floor laundry as well as additional laundry in the basement, making it Ideal for large family convenience or as an investment property. Located on a quiet street with a spacious front and back yard, separate basement entry and an older detached super single garage. Upgrades include; furnace, hot water tank, a new roof in 2020, new kitchen, paint and new flooring throughout the home. Bring your finishing ideas to make this home your own. More details
    Listed by SUTTON GROUP - LETHBRIDGE
    DIANE RICHARDSON
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