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

8308 Bowness Road NW
Bowness Calgary T3B 0H6

$875,000
Residential beds: 2 baths: 2.0 968 sq. ft. built: 1957

Main Photo: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
Photo 1: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
Photo 2: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
Photo 3: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
Photo 4: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
Photo 5: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
Photo 6: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
Photo 7: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
Photo 8: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
Photo 9: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
Photo 10: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
Photo 11: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
Photo 12: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
Photo 13: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
Photo 14: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
Photo 15: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2221629
Bedrooms:
2
Bathrooms:
2
Year Built:
1957
ATTENTION BUILDERS & INVESTORS!! PRIME 10 UNIT DP APPROVED MULTI-FAMILY DEVELOPMENT OPPORTUNITY | This development qualifies for CMHC’s MLI Select program, making it eligible for up to 50-year amortization and as little as 5% down—an attractive financing option for maximizing ROI. Exceptional opportunity for investors and developers—this DP-approved multi-family site in the heart of Bowness is ready to build and primed for success. The project features five thoughtfully designed townhomes, each with a legal basement suite, offering a total of 10 income-generating units. Located on a rare 8,300+ square foot M-C1 reverse pie lot with 90 feet of frontage, this property combines size, zoning, and location to deliver outstanding potential. Unit sizes range from approximately 1,500 to 1,650 square feet spread over three storeys, each offering rooftop patios and unobstructed south-facing views of Canada Olympic Park. The inclusion of basement suites adds rental flexibility and significantly boosts revenue potential. Located close to public transit, shopping, Bowness Park, the River Pathway system, and the new Farmers Market West, this site offers not only convenience but a vibrant community lifestyle. Site plan and DP drawings are available upon request. An ideal opportunity to break ground this spring and capitalize on Calgary’s growing multi-family market.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bungalow
Total Living Area:
967.89 sq. ft.
Lot Area:
8,299 sq. ft.
Lot Frontage:
90'
Front Exposure:
South
Levels:
One
Total Rooms Above Grade:
4
Year built:
1957 (Age: 68)
Bedrooms:
2 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
1
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
2074HB
Heating:
Forced Air
Basement:
Full, Partially Finished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame, Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Ceramic Tile, Laminate
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Off Street
Parking Places:
3
Parking Total/Covered:
3 / -
Laundry Features:
In Basement
Bowness
Dishwasher, Electric Oven, Refrigerator
None
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
16'10" × 11'5"
Main Floor
Dining Room
11'5" × 10'10"
Main Floor
Living Room
17'10" × 11'9"
Main Floor
Bedroom - Primary
11'5" × 10'8"
Basement
Game Room
35'4" × 9'6"
Basement
Laundry
11'7" × 9'10"
Basement
Bedroom
9'10" × 9'7"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
7'10" x 5'5"
Basement
No
3
9'4" x 7'
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Open Floorplan
Exterior Features:
Private Yard
Patio And Porch Features:
None
Lot Features:
Back Lane, Back Yard, Irregular Lot, Reverse Pie Shaped Lot
Num. of Parcels:
0
Fencing:
Partial
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
M-C1
Listed Date:
Jun 02, 2025
  • Photo 1: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
    Photo 1 of 15
  • Photo 2: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
    Photo 2 of 15
  • Photo 3: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
    Photo 3 of 15
  • Photo 4: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
    Photo 4 of 15
  • Photo 5: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
    Photo 5 of 15
  • Photo 6: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
    Photo 6 of 15
  • Photo 7: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
    Photo 7 of 15
  • Photo 8: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
    Photo 8 of 15
  • Photo 9: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
    Photo 9 of 15
  • Photo 10: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
    Photo 10 of 15
  • Photo 11: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
    Photo 11 of 15
  • Photo 12: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
    Photo 12 of 15
  • Photo 13: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
    Photo 13 of 15
  • Photo 14: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
    Photo 14 of 15
  • Photo 15: 8308 Bowness Road NW in Calgary: Bowness Detached for sale : MLS®# A2221629
    Photo 15 of 15
Listed by Real Broker
Data was last updated June 27, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
57
Avg list price:
$724,900
Min list price:
$155,000
Max list price:
$1,650,000
Avg days on market:
24
Min days on market:
1
Max days on market:
238
Avg price per sq.ft.:
$523.84
These statistics are generated based on the current listing's property type and located in Bowness. Average values are derived using median calculations.
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.