Diane Richardson

Office Location

703 64 Ave SE #130
Calgary, AB T2H 2C3

Cell: 403.397.3706

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New Homes for Sale in Calgary Under $500K | MLS® Listings

Explore new homes for sale in Calgary under $500,000, including new construction, quick-possession homes, townhomes and condos when available. Compare current MLS® listings by price, property type, community, construction status, condo fees, parking and included features.

New homes for sale in Calgary under $500K

Explore current new homes in Calgary under $500K and compare properties that meet both a newer-home search and a defined maximum price. Depending on current MLS® inventory, buyers may find newly constructed townhomes, condominium apartments, semi-detached properties and other housing types below $500,000.

At this price point, the available housing mix can change considerably. Buyers should compare the individual property rather than assume every listing is a detached house, builder-direct purchase or completed new construction. Construction status, ownership structure, condo fees, parking, specifications and possession timing should all be verified.

  • Stay Within the Price Ceiling Confirm the current asking price and account for upgrades, condo fees, parking, landscaping and other costs that may affect the complete budget.
  • Compare Property Types New inventory under $500K may include townhomes, condos and other housing forms depending on market availability and the individual search criteria.
  • Understand What Is Included Review appliances, finishes, parking, storage, basement status, landscaping and possession timing rather than assuming these items are part of the purchase price.

A property priced below $500,000 does not necessarily mean the complete cost of buying and finishing the home will remain below that amount. Lot premiums, upgrades, appliances, window coverings, landscaping, fencing, parking costs or post-possession improvements can increase the overall expenditure depending on the property.

What to Review in a New Calgary Home Under $500K

Start by confirming whether the property is completed new construction, a quick-possession home, still under construction or a recently built resale. The transaction type can affect possession timing, specifications, available warranty information and what work remains after purchase.

If the property is condominium-titled, review the monthly condo fee and exactly what it includes, along with bylaws, parking and storage arrangements, corporation insurance, financial information, reserve-fund information where applicable, planned repairs and any current or proposed special assessments.

Townhome and condo listings can have very different parking arrangements. Confirm whether a stall or garage is titled, assigned, leased, common property or subject to another arrangement. Storage should be verified in the same way.

For builder or new-construction inventory, compare the written specifications with the advertised price. Features shown in model homes, renderings or marketing photographs may be upgrades or may not be included with the specific property.

If a separate entrance, additional kitchen or lower-level living area is advertised, verify municipal records, applicable permits and approved use. These features do not by themselves establish that a secondary suite is legal or approved.

New-home inventory under $500,000 can change quickly. Asking prices, construction status, specifications, condo fees, parking, possession timing, included upgrades and MLS® availability should be verified for each individual property.

Questions about new homes in Calgary under $500K?

Contact Diane Richardson at 403.397.3706, email diane@mypadcalgary.com or use the online contact form.

New Homes for Sale in Calgary Under $500K

New Home Developments in Calgary Under $500K, Affordable New Homes in Calgary Under $500,000

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  • 803 90 Corner Meadows Manor NE in Calgary: Cornerstone Row/Townhouse for sale : MLS®# A2304704

    803 90 Corner Meadows Manor NE Cornerstone Calgary T3N 2N8
    Main Photo: 803 90 Corner Meadows Manor NE in Calgary: Cornerstone Row/Townhouse for sale : MLS®# A2304704
    $460,000
    Residential
    Status:
    Active
    MLS® Num:
    A2304704
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,832 sq. ft.
    Brand New ,3 Storey Townhome with double car garage (19.5 X 19) attached In Cornerstone. With total of 4 Bedrooms and 4 washrooms. Stainless steel appliances, quartz countertop throughout the house. Huge balcony with gas line for summer BBQ. Walking distance to shopping center and many more facilities. Just 10 minutes' drive to Airport, easy access to Stoney trail and Deerfoot trail More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 105 28 Red Embers Plaza NE in Calgary: Redstone Row/Townhouse for sale : MLS®# A2323129

    105 28 Red Embers Plaza NE Redstone Calgary T3N 2W1
    OPEN HOUSE: Sep 19, 2026
    12:00 PM - 05:00 PM MDT
    Open House on Saturday, September 19, 2026 12:00PM - 5:00PM
    OPEN HOUSE: Sep 20, 2026
    12:00 PM - 05:00 PM MDT
    Open House on Sunday, September 20, 2026 12:00PM - 5:00PM
    Main Photo: 105 28 Red Embers Plaza NE in Calgary: Redstone Row/Townhouse for sale : MLS®# A2323129
    $440,300
    Residential
    Status:
    Active
    MLS® Num:
    A2323129
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,810 sq. ft.
    OPEN HOUSE on Saturday and Sunday from 12-5pm. Please go to the show home located at 101, 28 Red Embers Plaza NE for access. StreetSide proudly presents this highly desired interior-unit townhome that offers a sophisticated blend of expansive living space and elegant modern finishes. Designed with versatility in mind, the residence features four spacious bedrooms—including a convenient lower level bedroom ideal for guests or a home office—and two and a half well appointed bathrooms. The heart of the home is an open-concept main floor that flows seamlessly onto a private balcony, perfect for indoor-outdoor entertaining. Culinary enthusiasts will appreciate the chef-inspired kitchen, which comes standard with modern Dark slab-style cabinetry, a full bank of storage drawers, polished white quartz countertops, and premium stainless steel appliances. The interior aesthetic is defined by contemporary durability, featuring luxury vinyl flooring throughout the primary areas and premium 8lb underlay carpet for added comfort on the stairs and upper level. Practicality meets luxury with a dedicated upper-level laundry room and an attached double car garage. Located within Redstone Square this home places you at the heart of the dynamic Redstone neighborhood. Enjoy the ease of a convenient location with quick access to major routes, including Stoney Trail, ensuring you are never far from the city's best. The community is strategically positioned near future commercial developments, promising shops, services, dining, and entertainment options just moments from your doorstep. More details
    Listed by RE/MAX Realty Professionals
    DIANE RICHARDSON
  • 121 Red Embers Gate NE in Calgary: Redstone Row/Townhouse for sale : MLS®# A2343903

    121 Red Embers Gate NE Redstone Calgary T3N 2W2
    OPEN HOUSE: Sep 19, 2026
    12:00 PM - 05:00 PM MDT
    Open House on Saturday, September 19, 2026 12:00PM - 5:00PM
    OPEN HOUSE: Sep 20, 2026
    12:00 PM - 05:00 PM MDT
    Open House on Sunday, September 20, 2026 12:00PM - 5:00PM
    Main Photo: 121 Red Embers Gate NE in Calgary: Redstone Row/Townhouse for sale : MLS®# A2343903
    $445,577
    Residential
    Status:
    Active
    MLS® Num:
    A2343903
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,769 sq. ft.
    OPEN HOUSE on Saturday and Sunday from 12-5pm. Please go to the show home located at 101, 28 Red Embers Plaza NE for access. StreetSide proudly presents this highly desired interior-unit townhome that offers a sophisticated blend of expansive living space and elegant modern finishes. Designed with versatility in mind, the residence features four spacious bedrooms—including a convenient lower level bedroom ideal for guests or a home office—and three and a half well appointed bathrooms. The heart of the home is an open-concept main floor that flows seamlessly onto a private balcony, perfect for indoor-outdoor entertaining. Culinary enthusiasts will appreciate the chef-inspired kitchen, which comes standard with modern Dark slab-style cabinetry, a full bank of storage drawers, polished white quartz countertops, and premium stainless steel appliances. The interior aesthetic is defined by contemporary durability, featuring luxury vinyl flooring throughout the primary areas and premium 8lb underlay carpet for added comfort on the stairs and upper level. Practicality meets luxury with a dedicated upper-level laundry room and an attached double car garage. Located within Redstone Square this home places you at the heart of the dynamic Redstone neighborhood. Enjoy the ease of a convenient location with quick access to major routes, including Stoney Trail, ensuring you are never far from the city's best. The community is strategically positioned near future commercial developments, promising shops, services, dining, and entertainment options just moments from your doorstep. More details
    Listed by RE/MAX Realty Professionals
    DIANE RICHARDSON
  • 703 30 Creekside Villas SW in Calgary: Pine Creek Row/Townhouse for sale : MLS®# A2324427

    703 30 Creekside Villas SW Pine Creek Calgary T1T 1Z1
    Main Photo: 703 30 Creekside Villas SW in Calgary: Pine Creek Row/Townhouse for sale : MLS®# A2324427
    $492,415
    Residential
    Status:
    Active
    MLS® Num:
    A2324427
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,733 sq. ft.
    Experience maintenance-free luxury in this stunning, brand-new Driftwood model by Morrison Homes. Offering over 1,600 square feet of meticulously designed living space, this 3-bedroom, 2.5-bathroom home features a highly coveted location backing directly onto a tranquil pond with spectacular unobstructed views. The open-concept main floor is showcased by premium finishes, large windows and an unmatched 20 foot wide floorplan, akin to a single family home. Entertain with ease in the expansive, chef-inspired kitchen, complete with a bright walk-in pantry. Retreat upstairs to a brilliantly designed layout featuring all three bedrooms alongside a versatile central flex space, which is perfect for a second living room or a home office. The primary suite serves as your ultimate private sanctuary, offering direct pond views, a spacious walkthrough closet, and a stunning luxury ensuite. The upper level is seamlessly completed by a well-appointed full bathroom and a highly convenient dedicated laundry closet. Adding exceptional value, the uniquely deep oversized single-car garage presents the rare option to frame in a fourth bedroom or an expansive hobby space at the back. Purchasing now affords you the exciting opportunity to make all of your own interior design selections, ensuring you get the exact look and finishes you desire. Beyond the home, Pinegate Park offers an elevated lifestyle within the master-planned SW Calgary community of Sirocco. This maintenance-free development means your landscaping and exterior upkeep are fully managed, allowing you more time to explore the 176 acres of surrounding community space. You are steps away from five kilometres of interconnected multi-use pathways, four landscaped parks, and protected environmental reserves. For golf enthusiasts, the pristine fairways of the Sirocco Golf Club are just a short walk or drive from your front door. The location places you at the centre of exceptional convenience with immediate access to Macleod Trail and the Stoney Trail ring road. Everyday errands and weekend outings are effortless with Shawnessy Village, the sprawling Township Shopping Centre, and the artisanal Granary Road Farmers Market all located just minutes away. You will also benefit from proximity to the South Health Campus, while the community's future plans include a middle school, sports fields, and a new City of Calgary Fieldhouse and Library. This is a rare opportunity to secure premium waterfront living in one of Calgary's most desirable and connected new neighbourhoods. Purchasing a property crafted by Morrison Homes means investing with Calgary's most decorated homebuilder, boasting an impressive 65-year legacy and an unmatched 16-time Builder of the Year title. Their proven track record ensures that every residence is built with consistency, established trade partnerships, and stringent quality control standards that often exceed minimum building codes. Homebuyers also benefit from Morrison Home's unmatched after care service. More details
    Listed by LPT Realty and Ally Realty
    DIANE RICHARDSON
  • 1005 200 Belvedere Boulevard SE in Calgary: Belvedere Row/Townhouse for sale : MLS®# A2330532

    1005 200 Belvedere Boulevard SE Belvedere Calgary T2A 8A7
    Main Photo: 1005 200 Belvedere Boulevard SE in Calgary: Belvedere Row/Townhouse for sale : MLS®# A2330532
    $489,800
    Residential
    Status:
    Active
    MLS® Num:
    A2330532
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,728 sq. ft.
    THE TRIBECCA – Priced at $489,800 (before GST), GST rebate can be done upfront if first time home buyer. Modern Living, Thoughtfully Designed. This spacious 3-bedroom, 2.5-bathroom townhome offers 1,728 sq ft of elevated living, featuring a double attached garage, two balconies, and multiple flex spaces including a first-floor flex room and main-floor den—perfect for a home office or additional living area. The main floor impresses with 10’ ceilings, an open-concept kitchen with island, quartz countertops, full-height ceramic tile backsplashes, tall upper cabinets with under-cabinet lighting, and premium Samsung stainless steel appliances, highlighted by a French-door fridge with built-in water pitcher. A stained feature wall enhances the modern aesthetic, while luxury vinyl plank flooring adds both durability and style. Upstairs, all bedrooms are generously sized, including a private balcony off the secondary bedroom. Bathrooms offer a spa-like finish with quartz counters, full-height ceramic tile surrounds, and contemporary fixtures. Additional conveniences include automated zebra blinds, vinyl decking with aluminum railing + glass panels, and full landscaping already completed. Located in **Belvedere—one of Calgary’s fastest-growing communities—**this home provides quick access to shopping, restaurants, entertainment, parks, and commuter routes. Downtown is only 15–20 minutes away. A rare combination of space, design, and long-term value—The Tribecca delivers modern living at its best. We do have other models as well: • Soho – Main Floor Studio | 1 Bed, 1 Bath | 580 SF - Starting at $238,100 + GST – Net New Housing Rebate • Astor – Main Floor Studio | 2 Bed, 1 Bath | 690 SF - Starting at $276,900 + GST – Net New Housing Rebate • Essex – Two-Storey Townhome | 2 Bed, 2.5 Baths | 1,170 SF - Starting at $359,800 + GST – Net New Housing Rebate • Chelsea – Two-Storey Townhome | 3 Bed, 2.5 Baths | 1,417 SF - Starting at $399,800 + GST – Net New Housing Rebate • Lenox – Three-Storey Townhome | 2 Bed, 2.5 Baths | 1,359 SF - Starting at $414,278 + GST – Net New Housing Rebate • Hudson – Three-Storey Townhome | 3 Bed, 2.5 Baths | 1,411 SF - Starting at $439,000 + GST – Net New Housing Rebate LIMITED TIME OFFERS Reward 1 — No Condo Fees ! We pay your condo fees for the first 12 months. More details
    Listed by MaxWell Central
    DIANE RICHARDSON
  • 4909 88 Avenue NE in Calgary: Saddle Ridge Row/Townhouse for sale : MLS®# A2305025

    4909 88 Avenue NE Saddle Ridge Calgary T3J 5N8
    Main Photo: 4909 88 Avenue NE in Calgary: Saddle Ridge Row/Townhouse for sale : MLS®# A2305025
    $499,990
    Residential
    Status:
    Active
    MLS® Num:
    A2305025
    Bedrooms:
    3
    Bathrooms:
    4
    Floor Area:
    1,717 sq. ft.
    **First-time home buyer GST Rebate Available**. Show Home For Sale | 4 beds | 3.5 bath | Single Car Garage Attached Experience the ideal mix of comfort, style, and convenience in this stunning townhome in Saddlepeace (Saddleridge NE). The bright main floor offers an open-concept layout with a modern kitchen featuring quartz countertops, stainless steel appliances, full-height cabinets, and a large island. Upstairs includes 3 spacious bedrooms, a primary suite with a walk-in closet and ensuite, plus convenient laundry. The ground-level 4th bedroom comes with its own ensuite and separate laundry—perfect for extended family or rental income. An attached garage adds extra convenience. Located close to shopping, schools, parks, transit, and the Sikh Temple, with easy access to Stoney Trail and Metis Trail. Only 5 minutes to Calgary International Airport and 15 minutes to CrossIron Mills. Schedule your private viewing today! More details
    Listed by RE/MAX Complete Realty
    DIANE RICHARDSON
  • 802 195 Belvedere Drive SE in Calgary: Belvedere Row/Townhouse for sale : MLS®# A2321483

    802 195 Belvedere Drive SE Belvedere Calgary T2A 0V9
    Main Photo: 802 195 Belvedere Drive SE in Calgary: Belvedere Row/Townhouse for sale : MLS®# A2321483
    $479,900
    Residential
    Status:
    Active
    MLS® Num:
    A2321483
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,716 sq. ft.
    THE BEST TOWNHOMES DON’T JUST PHOTOGRAPH WELL—THEY SOLVE REAL-LIFE PROBLEMS. The Alden by Fifth Avenue Homes does exactly that, packing four bedrooms, 3.5 bathrooms, a DOUBLE ATTACHED GARAGE and 1,716 sq. ft. of genuinely useful space into one sharp, nearly complete home. Possession is anticipated in late July. The clever planning starts on the ground floor. A private GROUND-FLOOR BEDROOM with its own closet sits beside a THREE-PIECE BATHROOM with a shower—perfect for guests, an older child, extended family or a home office that does not have to compete with the kitchen table. One level up, the kitchen, dining and living areas flow together in a bright, open layout built for busy mornings, casual dinners and everyone who inevitably gathers around the island. The rear kitchen features white cabinetry, white quartz countertops, pantry storage and STAINLESS-STEEL SAMSUNG APPLIANCES. There is a gas rough-in for a future range and a BBQ gas line on the balcony—because carrying propane tanks upstairs is nobody’s idea of fun. Warm greige wood-look flooring and matte-black fixtures keep the look current without trying too hard. A DEDICATED OFFICE SPACE gives work, homework and household paperwork a place to land, while the powder room keeps the main level guest-ready. Up top, the primary bedroom includes a walk-in closet and FOUR-PIECE ENSUITE with a DOUBLE VANITY and shower. Two more bedrooms share another full bathroom, and the laundry lives where the clothes do. Revolutionary? No. Deeply appreciated on laundry day? Absolutely. Some of the best upgrades are working quietly behind the scenes: TRIPLE-PANE WINDOWS, a 95% high-efficiency furnace with humidifier, heat-recovery ventilator, TANKLESS HOT-WATER SYSTEM and central air-conditioning rough-in. They may not steal the show in photos, but they will make everyday life a little more comfortable. Belvedere puts East Hills Shopping Centre, neighbourhood shops and dining, PARKS, PATHWAYS AND OPEN SPACE CLOSE TO HOME, with quick connections to 17 Avenue, Glenmore Trail and Deerfoot Trail. Smart layout. Strong finishes. Future-ready features. Very little left on the wish list. Visit the Fifth Avenue Homes sales centre at 10 Belvedere Terrace SE, or contact a real estate agent to arrange a private showing. Already working with an agent? PLEASE BRING THEM WITH YOU FOR ALL SHOW HOME VISITS. • PLEASE NOTE: Photos are of a DIFFERENT Spec Home of a similar model – fit and finish may differ. Interior selections and floorplans shown in photos. More details
    Listed by MaxWell Central
    DIANE RICHARDSON
  • 150 Wild Rose Way SE in Calgary: Ricardo Ranch Row/Townhouse for sale : MLS®# A2323866

    150 Wild Rose Way SE Ricardo Ranch Calgary T3M 4A1
    Main Photo: 150 Wild Rose Way SE in Calgary: Ricardo Ranch Row/Townhouse for sale : MLS®# A2323866
    $489,900
    Residential
    Status:
    Active
    MLS® Num:
    A2323866
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,715 sq. ft.
    ** Brand New No Condo Fee Townhome Built by Genesis Homes ** Spring 2027 Completion | 1,715 SqFt | 3 Beds | 2.5 Baths | Double Attached Garage | Interior Unit | Open Concept Layout | Elevated Finishes Throughout | Quartz Countertops | Designer Backsplash | Full Height Cabinetry | Stainless Steel Builder Appliance Package | Walk-in Pantry | Wide Plank LVP Flooring | Upper Level Laundry | Smart Home Features | Private Balcony | BBQ Gas Line | James Hardie Siding. Welcome to the Alicia model by Genesis Homes—offering 1,715 SqFt of thoughtfully designed living space in a brand new interior unit townhome with NO condo fees. Perfectly suited for families, professionals, or investors, this home blends modern style with everyday functionality. The main level welcomes you with a spacious foyer and direct access to your double attached garage, providing convenience and extra storage. Head upstairs to a bright and airy open-concept living space where large windows fill the home with natural light. The kitchen is beautifully appointed with quartz countertops, full height cabinetry, a designer backsplash, stainless steel builder appliances, and a walk-in pantry—ideal for both daily living and entertaining. The central island with bar seating seamlessly connects to the dining area and spacious living room, Head upstairs to a bright and airy open-concept living space where large windows flood the home with natural light. The kitchen is beautifully appointed with quartz countertops, full height cabinetry, a designer backsplash, stainless steel appliances, and a walk-in pantry—ideal for both daily living and entertaining. The central island with bar seating seamlessly connects to the dining area and spacious living room, creating the perfect flow for hosting or relaxing. Step out onto your private balcony complete with a BBQ gas line—perfect for summer evenings. The upper level features three sizeable bedrooms, including a comfortable primary retreat with a walk-in closet and a private ensuite bath. Bedrooms two and three share a well-appointed full bathroom, and the upper floor laundry adds everyday convenience right where you need it most. Finished with durable James Hardie siding and equipped with smart home features, this home offers both style and peace of mind. Located just moments from essential amenities and nestled close to a picturesque park, you’ll enjoy easy access to shops, dining, and outdoor activities. Take in breathtaking mountain views and sunsets as you stroll by the serene pond. Don’t miss your opportunity to own this stunning Alicia model—book your showing today! **Photos are representative of Show Home Alicia Model of Genesis Builders Group Inc. Colors Pallets & Finishes May Differ. More details
    Listed by RE/MAX Crown
    DIANE RICHARDSON
  • 8808 48 Street NE in Calgary: Saddle Ridge Row/Townhouse for sale : MLS®# A2281594

    8808 48 Street NE Saddle Ridge Calgary T3J 5N8
    Main Photo: 8808 48 Street NE in Calgary: Saddle Ridge Row/Townhouse for sale : MLS®# A2281594
    $499,900
    Residential
    Status:
    Active
    MLS® Num:
    A2281594
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,707 sq. ft.
    **END UNIT FOR SALE** Brand-new modern 3-storey end unit townhouse in the desirable Saddlepeace (Saddleridge) community. Just a 5-minute walk to Gobind Sarvar High Shool, minutes from major roadways including Metis Trail and Stoney Trail, and only a 5-minute drive to the Calgary International Airport, this home offers exceptional accessibility to work, travel, schools, shopping plazas, and Gurdwaras. Featuring a bright open-concept design with 9-foot ceilings and durable luxury vinyl plank flooring throughout, the main level showcases a stunning kitchen with quartz countertops, stainless steel appliances, a gas stove, and ample cabinetry, ideal for everyday living and entertaining. The open living and dining space flows to a private balcony, perfect for relaxing or hosting gatherings. This versatile layout includes 4 bedrooms and 3.5 bathrooms. The upper floor boasts a spacious primary suite with a walk-in closet and ensuite, plus two additional bedrooms, a full bath, and convenient upstairs laundry. The entry-level bedroom features its own private entrance, ensuite, and roughed-in laundry, making it perfect for extended family, guests, or rental income potential. Completing this exceptional home is a single attached garage. This townhouse is a must-see for families and investors alike. **BUILDER HAS ONE INTERIOR UNIT AVAILABLE, PRICED AT $499,900** More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 4917 88 Avenue NE in Calgary: Saddle Ridge Row/Townhouse for sale : MLS®# A2309916

    4917 88 Avenue NE Saddle Ridge Calgary T3J 5N8
    Main Photo: 4917 88 Avenue NE in Calgary: Saddle Ridge Row/Townhouse for sale : MLS®# A2309916
    $499,900
    Residential
    Status:
    Active
    MLS® Num:
    A2309916
    Bedrooms:
    3
    Bathrooms:
    4
    Floor Area:
    1,698 sq. ft.
    *GST REBATE AVAILABLE FOR FIRST TIME HOMEBUYERS* Welcome to this brand new 2026-built townhome in the vibrant community of Saddle Ridge NE Calgary! This beautifully designed home offers modern finishes, functional living space, and an excellent location close to all amenities. The main floor features a versatile office/flex room (9 FT ceiling) with an attached full bathroom and convenient laundry area, along with access to the single attached garage. The second level with 9ft ceiling showcases an open-concept layout with a bright living room, spacious dining area, and a stunning dual-tone kitchen complete with quartz countertops, an extended island, stainless steel appliances, and a built-in microwave. Large windows provide plenty of natural light, while the private balcony with BBQ gas line is perfect for outdoor enjoyment. A convenient 2-piece bathroom completes this level. The upper floor offers a spacious primary bedroom with a walk-in closet and private ensuite bathroom, along with two additional good-sized bedrooms, another 4-piece bathroom, and upstairs laundry for added convenience. Ideally located close to the airport, schools, Sikh Temple, shopping plazas, LRT station, public transit, parks, and major roadways, minutes to Stoney trail and Deerfoot Hwy, 15 minute drive to Cross Iron Mills. Perfect opportunity for first-time buyers, investors, or growing families! NOTE:-Fewer units are left, some middle units have different plans available a bedroom with full bath on 2nd floor and 2 master bedrooms on 3rd floor. More details
    Listed by TREC The Real Estate Company
    DIANE RICHARDSON
  • 106 95 Saddlecrest Circle NE in Calgary: Saddle Ridge Row/Townhouse for sale : MLS®# A2312759

    106 95 Saddlecrest Circle NE Saddle Ridge Calgary T3J 0Z2
    Main Photo: 106 95 Saddlecrest Circle NE in Calgary: Saddle Ridge Row/Townhouse for sale : MLS®# A2312759
    $499,000
    Residential
    Status:
    Active
    MLS® Num:
    A2312759
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    1,679 sq. ft.
    NO CONDO FEES FOR 2026 & 2027 | FIRST-TIME HOME BUYER GST REBATE ELIGIBLE (SAVE $20,000+) | MOVE-IN READY | RARE 5 BEDROOM END UNIT | 4 FULL BATH | OVER 1,950 TOTAL SQ FT | PRIVATE MAIN FLOOR GUEST SUITE WITH SEPARATE ENTRY | Welcome to Unit 106 at Saddlecrest Living, a rare END UNIT townhome designed for growing families, multigenerational living, and long-term flexibility in one of Northeast Calgary’s fastest-growing communities. This move-in ready home offers OVER 1,950 TOTAL SQ FT across three thoughtfully designed levels with an attached garage, 5 BEDROOMS, and 4 FULL BATHROOMS, a layout rarely found at this price point. As an END UNIT, enjoy additional privacy, extra windows, and more natural light throughout the home. One of the standout features is the MAIN FLOOR PRIVATE GUEST SUITE complete with a FULL BATHROOM and SEPARATE REAR ENTRY, ideal for extended family, visiting parents, older children, guests, a home office, or future rental income potential. The main living level is bright and open with 9-FOOT CEILINGS, TRIPLE-PANE WINDOWS, and an OPEN-CONCEPT LAYOUT designed for both entertaining and everyday living. The kitchen features FLOOR-TO-CEILING CABINETRY, PREMIUM QUARTZ COUNTERTOPS, STAINLESS STEEL APPLIANCES, and generous prep and storage space, creating a clean and elevated finish. Upstairs, the spacious primary bedroom features a CUSTOM SHOWER WITH A BUILT-IN SEAT, while all bathrooms are finished with FULL-HEIGHT TILE for a modern, polished look. Carpeted bedrooms add comfort, while durable LUXURY VINYL PLANK FLOORING throughout the main living areas offers both style and practicality. Built for Calgary’s climate, the exterior combines STUCCO and HARDIE SIDING for enhanced durability, hail resistance, and low maintenance. For eligible first-time home buyers, this property may qualify for the FIRST-TIME HOME BUYER GST REBATE, representing POTENTIAL SAVINGS OF OVER $20,000, making homeownership even more attainable. Located in family-friendly Saddle Ridge, Saddlecrest Living is close to schools, parks, playgrounds, Saddletowne LRT, shopping, medical clinics, fitness centres, and major routes including Stoney Trail and Deerfoot Trail, with quick access to Calgary International Airport, Costco, CrossIron Mills, and New Horizon Mall. Whether you're purchasing your first home, upsizing for a growing family, accommodating multigenerational living, or seeking a smart long-term investment, Unit 106 offers exceptional space, versatility, and long-term value in a connected community. Images are from the neighbouring showhome and are for illustrative purposes only. Finishes are similar in quality and style. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 134 Belmont Street SW in Calgary: Belmont Row/Townhouse for sale : MLS®# A2334768

    134 Belmont Street SW Belmont Calgary T2X 5X5
    Main Photo: 134 Belmont Street SW in Calgary: Belmont Row/Townhouse for sale : MLS®# A2334768
    $479,000
    Residential
    Status:
    Active
    MLS® Num:
    A2334768
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,670 sq. ft.
    OPEN HOUSE - Sunday, September 6 between 2 and 4PM ****** Like New Townhome With Pond Views*** Double Attached Garage *** Flex Room Ideal For Home Office Or 4th Bedroom *** Bright Open Concept Main Floor *** Granite Countertops Throughout *** Large Kitchen Island *** Breakfast Bar *** Huge Cabinet Style Pantry *** Stainless Steel Appliances *** Vinyl Plank Flooring *** Balcony With BBQ Gas Line *** Upper Floor Laundry *** Large Primary Bedroom with Walk In Closet and 5 Piece Ensuite With Double Vanity *** Two Additional Bedrooms *** Certified New Home Warranty Remaining *** Facing Beautiful Walking Trail and a Pond *** Safe And Family Friendly Community *** Newly Built Retail Plaza Across The Street *** Close To Shopping, Restaurants And Everyday Amenities *** Landscaped Complex *** Playground Nearby *** Scenic Pond *** Walking Paths *** Minutes To Stoney Trail *** Easy Access To Macleod Trail *** Close To Township Shopping Centre *** Designated For Ethel M. Johnson School (K To 6) *** Designated For Dr. E.P. Scarlett High School (10 To 12) *** Close To All Saints High School *** Move In Ready *** More details
    Listed by 2% Realty
    DIANE RICHARDSON
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Data was last updated September 16, 2026 at 08:05 PM (UTC)

Buying a New Home in Calgary Under $500K

A $500,000 purchase ceiling changes how buyers should compare new construction. The goal is not simply to find a listing priced below $500K, but to understand what is actually included, what remains to be completed and what the property will cost to own after possession.

Current new homes in Calgary under $500K may include townhomes, condominium apartments, semi-detached properties and other housing types depending on available MLS® inventory. Detached new construction may also appear when available, but buyers should not assume a particular housing type will consistently fall within the price range.

Two listings with similar asking prices can have very different ownership costs. Condo fees, parking arrangements, appliance packages, landscaping, upgrades and unfinished work can materially affect the complete budget.

  • Protect the $500K Budget Compare the advertised price with upgrades, parking, condo fees, landscaping and other costs that may be required to complete or operate the home.
  • Understand the Property Type Verify whether the listing is a condo, townhome, semi-detached home or another housing form and determine the applicable ownership structure.
  • Review What Is Included Confirm appliances, finishes, garage or parking, storage, basement status, landscaping and possession timing for the individual property.

What Can “New Home Under $500K” Mean?

A listing can meet the price ceiling while representing several different types of newer property. Before comparing two homes, determine what each listing actually represents.

  • Completed new construction.
  • Quick-possession builder inventory.
  • A property still under construction.
  • A newly completed condominium unit.
  • A new or recently completed townhome.
  • A recently built resale property included by the search criteria.
A recent construction year does not automatically mean the property is current builder inventory or has never been occupied. Verify the construction, seller and occupancy status of the individual listing.

Listing Price vs Complete Purchase Cost

For buyers working with a firm $500,000 ceiling, the asking price is only the starting point. A home advertised below the limit may still require additional spending before it functions the way the buyer expects.

Potential additional costs can include:

  • Builder upgrades.
  • Lot premiums.
  • Appliances not included with the home.
  • Window coverings.
  • Air conditioning.
  • Garage finishing.
  • Deck or patio construction.
  • Landscaping.
  • Fencing.
  • Basement development.
  • Parking or storage costs.
A home listed at $495,000 is not automatically a lower-cost option than one listed at $485,000. Compare what is already included and what still needs to be purchased or completed.

Townhome, Condo or Other New Construction?

At a defined price ceiling, buyers may need to compare several property types rather than limiting the search to one housing form.

New Townhome

Can provide multi-level living, private entrances and different parking arrangements depending on the project. Some are condominium-titled while others may have another ownership structure, so title and maintenance responsibilities should be confirmed.

New Condominium Apartment

May provide a lower purchase price than some ground-oriented housing options, but buyers should compare condominium fees, parking, storage, bylaws, insurance responsibilities and total monthly ownership cost.

Townhome Does Not Automatically Mean Condo

A townhome describes the physical form of a property, while condominium describes an ownership structure. Buyers should verify both.

A townhouse may be:

  • A conventional condominium.
  • A bare-land condominium.
  • Individually titled under another ownership arrangement.

The distinction can affect exterior maintenance, insurance, landscaping, parking, condo fees and responsibility for future repairs.

Condo Fees Matter More Than the Purchase Price Alone

When comparing a new condominium property under $500K with another home at a similar price, examine the monthly fee and exactly what it includes.

Depending on the development, condominium fees may contribute toward:

  • Common-area maintenance.
  • Landscaping.
  • Snow removal.
  • Corporation insurance.
  • Professional management.
  • Reserve-fund contributions.
  • Common utilities where applicable.
  • Exterior maintenance where specified.

A lower condominium fee is not automatically better if the owner remains responsible for more expenses separately.

Review the Condominium Documents

For condominium properties, buyers should consider the financial and operational condition of the corporation in addition to the condition of the individual unit.

Review applicable information such as:

  • Current condominium fee.
  • What the fee includes.
  • Condominium bylaws.
  • Reserve-fund study or related reserve information.
  • Financial statements.
  • Corporation insurance information.
  • Recent board and annual meeting minutes.
  • Planned repairs.
  • Existing or proposed special assessments.

Parking Can Change the Value Equation

Parking arrangements can differ significantly among new homes below $500K. One property may include an attached garage while another includes a surface stall or underground parking.

Confirm whether parking is:

  • Titled.
  • Assigned.
  • Leased.
  • Common property.
  • Included in the purchase price.
  • Subject to a separate monthly cost.

Storage should be verified in the same way.

Quick-Possession Homes

Quick-possession homes are generally already under construction or substantially completed. They can reduce the uncertainty of waiting for an earlier-stage build, but many design decisions may already have been made.

Confirm:

  • Actual completion status.
  • Expected possession timing.
  • Included finishes.
  • Appliances.
  • Parking or garage.
  • Landscaping.
  • Outstanding construction work.

Completed vs Under Construction

Completed Home

Allows buyers to inspect the actual finishes, layout and many visible property features. Confirm whether exterior work, deficiency items or other completion work remains outstanding.

Under Construction

May involve written specifications, estimated completion timing and features that are not yet visible. Understand which selections are included and how changes or upgrades affect the price.

Builder Specifications & Upgrades

Model-home displays, renderings and marketing images can contain features that are not included in the base property price.

Confirm the written specifications for:

  • Cabinetry.
  • Countertops.
  • Flooring.
  • Appliances.
  • Lighting.
  • Plumbing fixtures.
  • Heating and cooling equipment.
  • Garage or parking.
  • Basement completion.
  • Exterior finishes.
Buyers trying to remain below $500K should establish the price of required upgrades before relying on an advertised base price.

Landscaping, Fencing & Exterior Costs

A new property's interior may be complete while exterior work remains unfinished. Determine whether landscaping, fencing, decks and exterior stairs are included.

If they are not included, estimate those expenses before comparing the home with a resale property where the work is already complete.

Basement Development

A new home below $500K may have an unfinished basement or no conventional basement depending on the property type.

If future basement development is important, review:

  • Ceiling height.
  • Window locations.
  • Mechanical equipment.
  • Plumbing rough-ins.
  • Electrical-panel location.
  • Potential bedroom areas.
  • Storage needs.

Future basement development should be evaluated against applicable municipal requirements rather than assuming a particular layout can be approved.

Separate Entrances & Secondary Suites

Some newer properties may include a separate entrance, basement bedrooms or an additional kitchen. These features may provide household flexibility but do not automatically establish legal secondary-suite status.

A separate entrance, additional kitchen or basement bedroom arrangement does not establish that a secondary suite is legal or approved. Verify applicable municipal records, permits and approved use for the individual property.

New Home Warranty Information

Ask what warranty information applies to the individual property, including the applicable dates, reporting procedures and responsibilities.

Keep copies of:

  • Purchase documents.
  • Builder specifications.
  • Upgrade selections.
  • Warranty documentation.
  • Walkthrough records.
  • Deficiency lists.
  • Correspondence regarding incomplete work.

New Construction Still Deserves an Inspection

New does not mean defect-free. Buyers can consider an appropriate professional property inspection and should carefully review the home during any applicable pre-possession process.

Areas worth examining may include:

  • Roofing and exterior finishes.
  • Windows and doors.
  • Foundation and visible concrete.
  • Plumbing.
  • Electrical systems.
  • Heating and ventilation.
  • Interior finishes.
  • Parking or garage components.
  • Grading and drainage where applicable.

Pets, Rentals & Bylaws

For condominium properties, review the actual current bylaws if pets, renovations, parking or rental arrangements are important to your plans.

Listing remarks should not replace review of the applicable condominium documents.

HOA Fees & Other Ongoing Charges

Some properties may have homeowners' association obligations in addition to property taxes or condominium fees. Where applicable, confirm the amount, services provided and owner responsibilities.

Calculate the Real Monthly Cost

A $475,000 condominium with monthly fees may have a different ownership cost from a $495,000 property without the same fee structure. Compare the complete monthly budget rather than the purchase price alone.

  • Mortgage payment.
  • Property taxes.
  • Condo fees where applicable.
  • HOA fees where applicable.
  • Insurance.
  • Utilities.
  • Parking costs.
  • Storage costs.
  • Maintenance responsibilities.

What If Upgrades Push the Price Over $500K?

This is an important question for buyers searching within a strict price ceiling. A base property can initially appear within budget but exceed the target after required or preferred upgrades.

Before committing, separate selections into:

  • Features already included.
  • Required additional costs.
  • Optional builder upgrades.
  • Items that can be completed later.

This makes it easier to determine whether the home genuinely fits the $500K target or only appears to fit before completion costs are considered.

Compare New Construction With Resale Under $500K

New Construction

May offer newer building systems and contemporary layouts, but buyers should account for specifications, completion timing, landscaping, upgrades and condominium or HOA costs where applicable.

Resale Home

May already include landscaping, window coverings, developed living space and established surroundings. Buyers should instead evaluate property age, condition, renovations and future maintenance requirements.

Questions to Ask Before Buying Under $500K

  • Is the current asking price actually below $500,000?
  • Is the property completed or under construction?
  • What is included in the advertised price?
  • Are upgrades required or optional?
  • Are appliances included?
  • Is parking included?
  • Is storage included?
  • Are landscaping and fencing complete?
  • What are the condo fees where applicable?
  • Are any HOA fees applicable?
  • What warranty information applies?
  • What will the complete monthly ownership cost be?

Guidance for Buyers

Start with the maximum purchase price, then compare property type, ownership structure, condo fees, parking, construction status and included features. A property should fit both the purchase budget and the expected monthly ownership budget.

Guidance for Sellers

Owners selling recently built properties near the $500K price point should clearly identify upgrades, parking, storage, condo fees, warranty information, landscaping and improvements completed after purchase so buyers can compare the property accurately with current new construction.

Explore More Calgary Homes

New-home inventory below $500,000, asking prices, construction status, property types, specifications, condo fees, parking, possession timing and MLS® availability can change. Verify the current listing and property-specific documentation before making a purchase decision.

Questions about new homes in Calgary under $500K?

Contact Diane Richardson at 403.397.3706, email diane@mypadcalgary.com or use the online contact form.

Contact Diane Richardson About Calgary New Homes Under $500K

Ask about a new Calgary home priced under $500,000, request a showing or discuss which current new-construction, quick-possession, townhome or condo options may fit your budget and ownership needs.

When contacting Diane about a specific property, include the MLS® number, property address or listing link where available. Buyers can also provide their maximum purchase price, preferred Calgary areas, housing type, possession timing, parking requirements and whether they are considering completed new construction, a quick-possession home or a recently built resale.

Contact Form

Use the online contact form to submit your property questions, search criteria or showing request.

Phone or Text

Call or text Diane Richardson at 403.397.3706 to discuss available new-home options within your price range.

Email

Email diane@mypadcalgary.com with the listing details or new-home requirements you would like reviewed.

Information to Include With Your Inquiry

For a new-home search under $500,000, useful criteria can include:

  • Your maximum purchase price and whether that limit must include upgrades or other property-related costs.
  • Preferred Calgary communities or quadrants.
  • Condo, townhome, semi-detached or detached preference.
  • Minimum bedroom and bathroom count.
  • Garage, underground parking or surface-stall requirements.
  • Storage requirements.
  • Completed, quick-possession or under-construction preference.
  • Preferred possession timing.
  • Maximum acceptable condominium fee where applicable.
  • Pet requirements or other important condominium-bylaw considerations.

For builder or new-construction listings, buyers should confirm what is included in the advertised price. Appliances, parking, storage, upgraded finishes, landscaping, fencing, decks, air conditioning and basement development can vary from one property to another.

If the property is condominium-titled, review the condo fee and what it includes, bylaws, reserve-fund information, financial statements, corporation insurance, recent meeting minutes, planned repairs, special assessments, parking and storage arrangements and applicable pet, rental or renovation rules.

Buyers working with a firm $500,000 ceiling should also consider the complete ownership budget. A listing priced below $500K can still involve additional expenses for upgrades, condo fees, HOA fees where applicable, parking, landscaping, legal costs, inspections or post-possession improvements.

If a listing includes a separate entrance, additional kitchen or lower-level living space, verify municipal records, applicable permits and approved use. These features do not by themselves establish that a secondary suite is legal or approved.

Sellers of recently built properties near the $500K price point can provide information about upgrades, warranty documentation, condo fees where applicable, parking and storage arrangements, landscaping, permits and improvements completed after the original purchase.

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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.