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

306 5326 47 Avenue
Downtown Red Deer Red Deer T4N 3R2

$149,900
Residential beds: 2 baths: 1.0 786 sq. ft. built: 1978

Main Photo: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
Photo 1: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
Photo 2: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
Photo 3: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
Photo 4: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
Photo 5: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
Photo 6: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
Photo 7: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
Photo 8: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
Photo 9: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
Photo 10: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
Photo 11: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
Photo 12: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
Photo 13: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
Photo 14: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
Photo 15: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
Photo 16: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
Photo 17: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
Photo 18: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
Photo 19: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
Photo 20: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
Photo 21: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2272526
Bedrooms:
2
Bathrooms:
1
Year Built:
1978
Discover exceptional value in this top-floor, 2-bedroom condo located in the heart of downtown Red Deer—all for under $150,000. Whether you’re searching for the perfect starter home, downsizing, or a smart cash-flowing rental investment, this property checks every box. Step inside to a bright, comfortable layout with an inviting living area, functional kitchen, and two well-sized bedrooms that offer flexibility for families, roommates, or a dedicated home office. Access to your spacious and private west facing balcony, and a covered underground garage are additional bonuses! Being on the top floor means extra privacy, peaceful living, and no noise from above, all within a quiet building on an equally quiet street. The location is just minutes from transit routes, major employers, downtown shops, restaurants, parks, and everyday amenities. Commuting is simple and errands are effortless—making life easier for both homeowners and future tenants alike. With affordable condo fees and an ideal price point, this property offers an incredible opportunity to build equity instead of paying rent. For investors, the strong demand in the area means you can easily generate rental income. Whether you’re just entering homeownership or adding a reliable asset to your investment portfolio, this condo delivers comfort, convenience, and long-term potential.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
Apartment-Single Level Unit
Total Living Area:
785.5 sq. ft.
Condo Fee:
$597.22
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Gas, Heat, Insurance, Interior Maintenance, Parking, Professional Management, Reserve Fund Contributions, Snow Removal, Trash
Front Exposure:
East
Unit Exposure:
West
Floor Location:
Top
Entry Level:
3
Stories Total:
3
Levels:
Single Level Unit
End Unit:
1 Common Wall, End Unit
Total Rooms Above Grade:
6
Year built:
1978 (Age: 47)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
9621519;20
Heating:
Baseboard, Fireplace(s)
New Constr.:
No
Construction Material:
Concrete, Stucco, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Hardwood, Laminate, Tile
Cooling:
Wall Unit(s)
Fireplaces:
1
Fireplace Details:
Gas, Living Room
Garage:
No
Parking:
Parkade, Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
Laundry Room, Upper Level
Condo Fee Frequency:
Monthly
Imperial Place I
Downtown Red Deer (Red Deer)
Elevator(s), Laundry, Secured Parking, Snow Removal, Storage
Dishwasher, Electric Range, Microwave Hood Fan, Refrigerator, Wall/Window Air Conditioner
Some additional paint, light coverings and flooring.
Board Approval, Condo/Strata Approval, Pet Restrictions or Board approval Required
Restrictions
Floor
Type
Size
Other
Main Floor
Living Room
17'5" × 13'5"
Main Floor
Dining Room
9' × 7'10"
Main Floor
Kitchen
8'2" × 7'3"
Main Floor
Bedroom - Primary
12'10" × 11'4"
Main Floor
Foyer
7'10" × 3'3"
Main Floor
Bedroom
10'8" × 8'3"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5' x 7'4"
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby, Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Open Floorplan, Storage
Exterior Features:
Balcony, BBQ gas line
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Red Deer
Zoning:
R-H
Listed Date:
Dec 05, 2025
  • Photo 1: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
    Photo 1 of 21
  • Photo 2: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
    Photo 2 of 21
  • Photo 3: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
    Photo 3 of 21
  • Photo 4: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
    Photo 4 of 21
  • Photo 5: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
    Photo 5 of 21
  • Photo 6: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
    Photo 6 of 21
  • Photo 7: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
    Photo 7 of 21
  • Photo 8: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
    Photo 8 of 21
  • Photo 9: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
    Photo 9 of 21
  • Photo 10: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
    Photo 10 of 21
  • Photo 11: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
    Photo 11 of 21
  • Photo 12: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
    Photo 12 of 21
  • Photo 13: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
    Photo 13 of 21
  • Photo 14: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
    Photo 14 of 21
  • Photo 15: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
    Photo 15 of 21
  • Photo 16: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
    Photo 16 of 21
  • Photo 17: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
    Photo 17 of 21
  • Photo 18: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
    Photo 18 of 21
  • Photo 19: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
    Photo 19 of 21
  • Photo 20: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
    Photo 20 of 21
  • Photo 21: 306 5326 47 Avenue in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2272526
    Photo 21 of 21
Listed by Manor Hill Realty YYC Inc.
Data was last updated December 18, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
250
Avg list price:
$424,900
Min list price:
$87,500
Max list price:
$1,999,900
Avg days on market:
41
Min days on market:
1
Max days on market:
199
Avg price per sq.ft.:
$337.41
These statistics are generated based on the current listing's property type and located in Red Deer. 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.