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

120 5 Avenue SW
NONE Falher T0H 1M0

$170,000
Residential beds: 3 baths: 2.0 1,081 sq. ft. built: 1980

Main Photo: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 1: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 2: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 3: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 4: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 5: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 6: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 7: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 8: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 9: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 10: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 11: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 12: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 13: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 14: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 15: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 16: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 17: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 18: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 19: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 20: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 21: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 22: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 23: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 24: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 25: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 26: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 27: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 28: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 29: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 30: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 31: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 32: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Photo 33: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2232726
Bedrooms:
3
Bathrooms:
2
Year Built:
1980
Well-Maintained 3-Bedroom, 2-Bathroom Home with Triple Garage in Falher! This move-in-ready home offers the perfect blend of comfort, space, and functionality. Featuring 3 bedrooms and 2 bathrooms, it’s ideal for families or those seeking a spacious layout. Step inside to an open floor plan with a large living room that flows effortlessly into the kitchen. The kitchen boasts plenty of cabinet and countertop space, an eat-up island, and a dedicated dining area perfect for hosting. A large pantry with built-in shelving adds extra convenience, while the bonus room or boot room provides additional flexibility for storage or workspace. The primary bedroom includes a generous walk-in closet and steps from the main 4-piece bathroom. Downstairs, you’ll find a cozy rec room, laundry area, 2 additional bedrooms, a 3-piece bathroom, and a large storage room complete with built-in shelving. Outside, you’ll find a triple-car garage with back alley access and ample parking space for vehicles, trailers, or toys. Nestled in the peaceful community of Falher, this well-maintained home is a wonderful opportunity to settle into a move-in-ready property with room to grow. Don’t miss out—schedule your showing today!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,081 sq. ft.
Lot Area:
8,630 sq. ft.
Lot Frontage:
66'11"
Front Exposure:
South
Levels:
One
Total Rooms Above Grade:
1
Year built:
1980 (Age: 45)
Bedrooms:
3 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
2
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
7621500
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Tile, Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
Yes
Garage Spaces:
2
Parking:
Triple Garage Detached
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
In Basement
NONE
Dishwasher, Refrigerator, Stove(s), Washer/Dryer
n/a
None Known
Floor
Type
Size
Other
Main Floor
Bedroom - Primary
14'5" × 11'6"
Basement
Bedroom
10'10" × 10'9"
Basement
Bedroom
11'8" × 10'10"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5' x 8'
Basement
No
3
4'2" x 6'11"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Central Vacuum, Kitchen Island, Open Floorplan, Pantry
Exterior Features:
Storage
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Back Yard, Landscaped, Lawn, Level, Low Maintenance Landscape, Many Trees
Num. of Parcels:
0
Fencing:
None
Region:
Smoky River No. 130, M.D. of
Zoning:
R1
Listed Date:
Jun 23, 2025
  • Photo 1: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 1 of 33
  • Photo 2: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 2 of 33
  • Photo 3: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 3 of 33
  • Photo 4: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 4 of 33
  • Photo 5: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 5 of 33
  • Photo 6: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 6 of 33
  • Photo 7: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 7 of 33
  • Photo 8: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 8 of 33
  • Photo 9: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 9 of 33
  • Photo 10: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 10 of 33
  • Photo 11: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 11 of 33
  • Photo 12: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 12 of 33
  • Photo 13: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 13 of 33
  • Photo 14: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 14 of 33
  • Photo 15: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 15 of 33
  • Photo 16: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 16 of 33
  • Photo 17: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 17 of 33
  • Photo 18: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 18 of 33
  • Photo 19: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 19 of 33
  • Photo 20: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 20 of 33
  • Photo 21: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 21 of 33
  • Photo 22: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 22 of 33
  • Photo 23: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 23 of 33
  • Photo 24: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 24 of 33
  • Photo 25: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 25 of 33
  • Photo 26: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 26 of 33
  • Photo 27: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 27 of 33
  • Photo 28: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 28 of 33
  • Photo 29: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 29 of 33
  • Photo 30: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 30 of 33
  • Photo 31: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 31 of 33
  • Photo 32: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 32 of 33
  • Photo 33: 120 5 Avenue SW: Falher Detached for sale : MLS®# A2232726
    Photo 33 of 33

Virtual Tour

3D Tour

Listed by Sutton Group Grande Prairie Professionals
Data was last updated August 10, 2025 at 10:05 AM (UTC)
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.