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Affordable 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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RED DEER PROPERTY FOR SALE IN PARKVALE
When searching Red Deer listings click on DETAILS to view information about the listing and click on MORE... to view the property on a map, schedule a showing, email the listing or check affordability on the mortgage calculator. Every effort is made to make it as easy as possible for you to find and learn about Red Deer houses, townhomes & condos on AlbertaTownandCountry.com.
Diane Richardson @ 403-397-3706 (call or text) or email Diane@drichrealty.com
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307 4820 47 Avenue in Red Deer: Parkvale Apartment for sale : MLS®# A2274319
307 4820 47 Avenue Red Deer T4N 6B9 
$87,500Multi-Family- Status:
- Active
- MLS® Num:
- A2274319
- Floor Area:
- 496 sq. ft.
Discover this hidden gem in historic Downtown Red Deer, just steps from Coronation Park, the Recreation Centre, and some of the best walking trails in the city. This inviting 5th-floor condo offers a peaceful retreat with spectacular east-facing views overlooking mature trees and parkland — a rare find at this price point! (Top-floor units are valued at approximately $5,000 per floor.) Inside, the home feels warm and refreshed with newer flooring and light paint tones, creating a bright and welcoming ambiance. Enjoy your morning coffee or a relaxing afternoon tea in the private nook perfectly positioned to take in the views. The kitchen features crisp white cabinetry paired with a clean white appliance package, offering a timeless and functional space. The primary bedroom is spacious, and the bathroom next to it. Two generously sized hallway closets provide excellent storage, complemented by an additional in-unit storage area, making organization effortless. This well-designed condo offers incredible convenience with a laundry room just down the hall and an elevator located across from the unit, making daily living simple and accessible. The building itself is well managed with a long-standing, reliable condo association and affordable condo fees that include all utilities. Ample parking is available behind the building, with the option to rent an assigned powered stall for just $25/month. Those without a vehicle will love being within walking distance to downtown shops, services, and the beautiful natural pathways along the creek. This pet-friendly building is also wonderfully suited for those considering rental income. On-site manager Tony, who lives in the building, oversees rentals for owners — a huge advantage for investors looking for hands-off management and excellent building security. Whether you’re a busy professional, first-time buyer, downsizer, nature lover, or someone looking for affordable home ownership, this condo delivers unbeatable value. A perfect choice for anyone seeking comfort, convenience and a budget-friendly lifestyle in the heart of Red Deer. More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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307 4820 47 Avenue in Red Deer: Parkvale Apartment for sale : MLS®# A2275530
307 4820 47 Avenue Red Deer T4N 6B9
$87,500Residential- Status:
- Active
- MLS® Num:
- A2275530
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 496 sq. ft.
Discover this hidden gem in historic Downtown Red Deer, just steps from Coronation Park, the Recreation Centre, and some of the best walking trails in the city. This inviting 5th-floor condo offers a peaceful retreat with spectacular east-facing views overlooking mature trees and parkland — a rare find at this price point! (Top-floor units are valued at approximately $5,000 per floor.) Inside, the home feels warm and refreshed with newer flooring and light paint tones, creating a bright and welcoming ambiance. Enjoy your morning coffee or a relaxing afternoon tea in the private nook perfectly positioned to take in the views. The kitchen features crisp white cabinetry paired with a clean white appliance package, offering a timeless and functional space. The primary bedroom is spacious, and the bathroom next to it. Two generously sized hallway closets provide excellent storage, complemented by an additional in-unit storage area, making organization effortless. This well-designed condo offers incredible convenience with a laundry room just down the hall and an elevator located across from the unit, making daily living simple and accessible. The building itself is well managed with a long-standing, reliable condo association and affordable condo fees that include all utilities. Ample parking is available behind the building, with the option to rent an assigned powered stall for just $25/month. Those without a vehicle will love being within walking distance to downtown shops, services, and the beautiful natural pathways along the creek. This pet-friendly building is also wonderfully suited for those considering rental income. On-site manager Tony, who lives in the building, oversees rentals for owners — a huge advantage for investors looking for hands-off management and excellent building security. Whether you’re a busy professional, first-time buyer, downsizer, nature lover, or someone looking for affordable home ownership, this condo delivers unbeatable value. A perfect choice for anyone seeking comfort, convenience and a budget-friendly lifestyle in the heart of Red Deer. Parking spot available for rent outside of the building. More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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4617 46 Street in Red Deer: Parkvale Detached for sale : MLS®# A2270279
4617 46 Street Red Deer T4N 1M7
$274,900Residential- Status:
- Active
- MLS® Num:
- A2270279
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,002 sq. ft.
Property has had a number of updates done , New Siding and paint,newer shingles, windows, exterior doors . Illegal basement suite has SEPARATE rear entry from the back deck. Property at back corners to nice playground /Park area .Parkvale is a sought after subdivision with short walk to Waskasoo Creek, with it's scenic paths, playgrounds, tennis courts, recreation Centre , and close to downtown. More detailsListed by RE/MAX House of Real Estate- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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4313 46A Avenue in Red Deer: Parkvale Row/Townhouse for sale : MLS®# A2261639
4313 46A Avenue Red Deer T4N 6T7
$357,900Residential- Status:
- Active
- MLS® Num:
- A2261639
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,291 sq. ft.
Welcome to Parkvale, a quiet mature location. Whether your looking to down size to a home with less maintenance, or may be getting ready to retire and looking for a home that is easy care with the park and trail system just steps away, all in a sought after neighborhood. This well maintained home has many upgrades over the years that your sure to enjoy. Spacious functional floor plan that is fully developed with 2 large bedrooms, 3 bathrooms, den and plenty of storage complete with built in shelving. Good size living and dining room overlooking the front yard and green space across the street. Upgrades include flooring through out, laminate, carpets, bathrooms, windows, interior doors, kitchen, cabinets, appliances, shingles and more. Spacious kitchen that has been totally upgraded with newer cabinets, soft close hardware, counter tops, backsplash, island with a swing appliance garage, pull out pantry and extra corner cabinets that finish of the kitchen. 2nd floor features 2 large bedrooms with laundry and lots of closet space. Main 4 Pc bathroom with fully tiled tub & shower. Basement offers a den area, 3PC bathroom and storage area with lots built in shelving. Enjoy the screened in rear porch and the private interlocking brick patio area. Beautifully landscaped back yard with a large single garage and a paved rear alley. No condo fees, no association fees, close to the bus stop, shopping, recreation center, tennis courts and seniors Golden circle center. More detailsListed by RE/MAX real estate central alberta- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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4611 50 Street in Red Deer: Parkvale Row/Townhouse for sale : MLS®# A2258892
4611 50 Street Red Deer T4N 2C2
$1,599,000Multi-Family- Status:
- Active
- MLS® Num:
- A2258892
- Floor Area:
- 8,488 sq. ft.
An exceptional investment opportunity with these EIGHT units, fully rented Condo Townhouse, located in a prime location, just steps away from the park, walking trail, shopping center, and all essential amenities. With ample stall parking on site, this building is perfectly positioned for renters. All eight units are two bed/1.5 bath units, with the potential of adding one extra in the main level. one of the units have been completely renovated. New roofing replaced in 2013. Property has 24 hour video surveillance system. The building has been condominiumized with all 8 individually titled allowing the investor to hold as a long term investment or can sell individually in future. $250/unit/month condo fee currently. $8150/month is the rent income. We have some tenants who stayed in the unit for more than 10 years and we haven't increased their rent yet. Tenants pay their own utilities. More detailsListed by Grand Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
