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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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.

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  • 51 Richelieu Court SW in Calgary: Lincoln Park Row/Townhouse for sale : MLS®# A2218539

    51 Richelieu Court SW Lincoln Park Calgary T3E 7E9
    Main Photo: 51 Richelieu Court SW in Calgary: Lincoln Park Row/Townhouse for sale : MLS®# A2218539
    $629,000
    Residential
    Status:
    Active
    MLS® Num:
    A2218539
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,303 sq. ft.
    Welcome to this fully renovated walk out bungalow townhome villa!! Amazing location in Lincoln Park only minutes from Mount Royal University, Rockyview Hospital, Marda Loop and Downtown. Rare Find here as this home has been fully renovated with over $150K spent in recent upgrades, this is not grandma's house! Royal Park Estates is a +40 adult community with 15+ children and a pet friendly policy that takes care of your outdoor maintenance allowing you to sit back and enjoy. Many interior walls have been removed to make this a true open concept home with 1320 sq ft on the main floor and a professional fully developed walk out basement as well. Hardwood floors on the entire main floor, Chefs kitchen with top line appliances, quartz countertops and two fireplaces. This is the corner unit so you have 10 extra windows and a large yard. Double Attached garage that's fully insulated and drywalled and room for 2 cars on the driveway as well. The List goes on and on so come tour this incredible home today!! More details
    Listed by Boutique Properties Inc.
    DIANE RICHARDSON
  • 1526 34 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2200167

    1526 34 Avenue SW Altadore Calgary T2T 2A9
    Main Photo: 1526 34 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2200167
    $679,000
    Residential
    Status:
    Active
    MLS® Num:
    A2200167
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    890 sq. ft.
    Charming 2-Bedroom Character Home in the Heart of Marda Loop – A Rare Investment Opportunity! Welcome to 1526 34 Ave SW, a fantastic property offering 890 SqFt of living space in one of Calgary’s most vibrant and sought-after neighborhoods, Marda Loop. This charming older character home features 2 bedrooms, 1 bathroom, and a large unfinished basement, offering significant potential for redevelopment or customization. With its prime location and lot, this property was selected for a brand new future single family bungalow to be built. The property is being sold primarily for its location and lot value, providing an exciting opportunity for those looking to invest in Calgary’s high-demand real estate market. The home currently has a tenant who is willing to stay, allowing you to generate rental income while planning your next steps. The expansive unfinished basement offers endless possibilities, whether you choose to finish it for additional living space or use it for storage. The original plan for the property was for an new build, making it a rare find in the area. Located in the heart of Marda Loop, this property places you just steps from one of Calgary’s most desirable and eclectic communities. Marda Loop is known for its vibrant, walkable streets filled with trendy boutiques, independent shops, and local dining options. Residents enjoy a variety of unique cafés like Caffe Beano, Little Empire Coffee, and The Noodle Shop, as well as incredible restaurants such as Blush Lane Organic Market, Osteria de Medici, and The Coup—perfect for foodies and coffee lovers alike. With Safeway, Calgary Co-op, and several farmer's markets nearby, grocery shopping and daily errands couldn’t be easier. Families and young professionals will appreciate the close proximity to top-rated schools such as Marda Loop School, Mount Royal Junior High, Mount Royal University and Western Canada High School. The area is also rich with parks and recreational spaces, including River Park, Altadore Park, and Glenmore Reservoir, perfect for outdoor enthusiasts and those who enjoy weekend strolls or bike rides. The Marda Loop Community Association offers a variety of activities and events throughout the year, fostering a strong sense of community and connection. Marda Loop's prime location also provides quick access to major transit routes, making commuting to downtown Calgary a breeze. Whether you're enjoying a night out in the neighborhood or heading into the city for work, everything you need is within reach. Whether you’re looking to hold for future development, restore the charm of the existing home, or build your dream property, 1526 34 Ave SW offers unmatched potential in an unbeatable location. Don’t miss out on this rare opportunity in one of Calgary’s most sought-after neighborhoods! More details
    Listed by Greater Property Group
    DIANE RICHARDSON
  • 4001 17 Street SW in Calgary: Altadore Detached for sale : MLS®# A2225541

    4001 17 Street SW Altadore Calgary T2T 4P5
    Main Photo: 4001 17 Street SW in Calgary: Altadore Detached for sale : MLS®# A2225541
    $1,000,000
    Residential
    Status:
    Active
    MLS® Num:
    A2225541
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    1,474 sq. ft.
    Discover a rare and exciting development opportunity in the heart of Altadore, one of Calgary’s most coveted inner-city communities. This elevated 5,425 sq ft corner lot comes with an approved Development Permit for a stunning custom single-family home. Zoned R-CG, the property offers remarkable flexibility—pursue the approved single-family build, apply to develop two semi-detached homes or three townhomes, or renovate the existing structure to suit your needs. Perched to capture potential downtown views from a second level, the current home features 3 bedrooms and 2 bathrooms on the main floor, along with an illegal basement suite that includes 2 bedrooms, a 3-piece bath, kitchen, and laundry. Ideally located just steps from Marda Loop’s vibrant shops, cafes, parks, and top-rated schools, this property presents endless possibilities in a thriving, high-demand neighborhood. More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 2039 37 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2218747

    2039 37 Avenue SW Altadore Calgary T2T 2H6
    Main Photo: 2039 37 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2218747
    $1,298,892
    Residential
    Status:
    Active
    MLS® Num:
    A2218747
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    1,902 sq. ft.
    2039 37 Avenue SW | Location Location Location! | Prime 50’ x 125’ R-CG Lot In The Most Desirable Inner-City Community With Zoning That Allows For Various Development Options | Vibrant Marda Loop Shopping District Just Steps Away Known For Its Walkable Streets Filled With Trendy Boutiques & Dining | A Community With Plenty Of Parks & Recreation, Including River Park, Altadore Park, Sandy Beach & Glenmore Reservoir, Perfect For The Outdoor Enthusiasts | Mount Royal University Is Only A 6 Minute Drive | Fantastic Revenue or Holding Property or Redevelopment. More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 1612 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2160441

    1612 48 Avenue SW Altadore Calgary T2T 2S8
    Main Photo: 1612 48 Avenue SW in Calgary: Altadore Detached for sale : MLS®# A2160441
    $2,250,000
    Residential
    Status:
    Active
    MLS® Num:
    A2160441
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    2,227 sq. ft.
    Immaculate oversized brick bungalow backing onto a playground and green space on the most family friendly quiet tree lined street in Altadore. Featuring 4108 sq ft of living space, 5 bedrooms and 3.5 bathrooms. The home provides bungalow style living, with a rentable suite on lower level with its additional full kitchen, bathroom & bedrooms, in a family-friendly setting. The upper level features a spacious living room with natural light, a spacious dining room, updated gourmet kitchen with newer appliances, family room, primary bedroom suite with large ensuite, and two additional bedrooms and family washroom. Beautiful crown moulding adorns the main floor entertaining spaces. The lower level offers a second kitchen with dining area, a large recreation room complete with wet bar and stone fireplace. A large flex room provides additional space that can be a gym, or hobby room. The spacious washroom features a corner tub, shower, and a full sauna, offering a spa-like experience in the comfort of your own home. There are two additional bedrooms and plenty of storage space that complete the lower level. The attached two car garage has room for all your outdoor gear, while the additional driveway parking is great for family vehicles or an RV. The sunny yard is great for kids to enjoy and perfect for growing a home garden. Great schools nearby including Altadore School, Rundle Academy, St. James School, Dr. Oakley School, Connect Charter School, Masters Academy and College, Central Memorial High School, and Mount Royal University. Strategically located near River Park off-leash dog park, Sandy Beach, Glenmore Athletic Park, the Aforza Tennis Club, Earl Grey Golf Club, Lakeview Golf Course and the trendy Marda Loop shopping district. More details
    Listed by Sotheby's International Realty Canada
    DIANE RICHARDSON
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Data was last updated June 4, 2025 at 12:05 PM (UTC)
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