Unveiling Your Dream Home: New Calgary Homes for Sale Under $500K (Updated Daily)
If you're searching for a brand-new home in Calgary without breaking the bank, you've come to the right place! Our website is updated daily with the newest listings for New Homes in Calgary Under $500K. Explore a variety of modern properties boasting the latest features and layouts, all conveniently priced within your budget.
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Brand-New Appeal: Experience the joy of owning a brand-new home with the latest energy-efficient features, modern finishes, and open floor plans. Enjoy a fresh start in a home designed for today's lifestyle.
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Variety of Options: Discover a diverse range of new builds under $500K, including single-family homes, townhomes, and condos. Find the perfect fit for your needs, whether you're a young couple, a growing family, or a professional seeking a low-maintenance lifestyle.
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Peace of Mind with Warranty: Benefit from the security and peace of mind that comes with a new home warranty, ensuring quality construction and protection for your investment.
Effortless Search for Your Perfect New Home:
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Targeted Listings: Our website provides a comprehensive selection of new homes in Calgary under $500K, complete with detailed descriptions, high-resolution photos, and virtual tours (if available). These listings give you the information you need to make informed decisions and find your dream home.
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Expert Guidance: Partner with Diane Richardson, your trusted Calgary real estate expert. Diane's local knowledge and understanding of the new home market will help you find the perfect property that aligns with your needs and vision. With her expertise, she will guide you through every step of the buying process.
Unlock the Door to Your Dream Lifestyle:
Ready to find your brand-new dream home in Calgary without exceeding your budget? Contact Diane Richardson today! With her in-depth market knowledge and unwavering dedication to her clients, Diane will help you find the perfect new home under $500K and guide you through every step of the buying process.
Call Diane Richardson at 403.397.3706 or send her an email for a personalized consultation.
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Sep 20, 2025
02:00 PM
-
04:00 PM
MDT
1305 (PH5) 225 25 Avenue SW
Calgary
T2S 2V2
$469,900
Residential
beds: 2
baths: 2.0
1,072 sq. ft.
built: 1984
Open House
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Sep 20, 2025
02:00 PM
-
04:00 PM
MDT
NOTES: Open House on Saturday, September 20, 2025 2:00PM - 4:00PM
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2252359
- Bedrooms:
- 2
- Bathrooms:
- 2
- Year Built:
- 1984
- Photos (32)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
OPEN HOUSE | SATURDAY SEPT.20 | 2:00-4:00PM | Welcome to Penthouse 5 at Riverscape Condominiums—a rare top-floor corner unit in the heart of Mission. This 2-bedroom, 2-bath home offers 1,072 sq.ft. of stylish, allergy-conscious living with thoughtful updates throughout. The modern kitchen features sleek white cabinetry, quartz countertops, stainless steel appliances (including wall oven, cooktop, and built-in microwave), and abundant storage for the avid home cook. An open-concept living and dining area flows seamlessly to your large southwest balcony with sweeping downtown and Elbow River valley views—the perfect spot for morning coffee or evening sunsets. The king-sized primary suite (14’0” x 11’0”) boasts a walk-through closet and 4-piece ensuite, while the spacious second bedroom (11’6” x 10’4”) rivals most primaries in newer builds. A full second bath, plus a surprisingly large laundry room (8’6” x 5’1”), add to the everyday convenience. Additional features include one assigned underground parking stall, out-of-suite storage, and allergy-conscious flooring throughout. Residents enjoy a fitness room, outdoor terrace, and beautifully landscaped grounds with direct access to the Elbow River pathways. Step outside and immerse yourself in Mission’s vibrant lifestyle—grab your morning latte at Purple Perk, enjoy brunch at OEB Breakfast Co. or Boulangerie, and wind down over dinner at My Little Italia or Bodega by Sabor. With 4th Street and 17th Avenue just minutes away, you’ll find endless cafés, restaurants, boutique shops, and fitness studios at your doorstep, plus easy transit and C-Train connections nearby - bus route #3, 17 & 449 and Elrton C-train station by the Stampede grounds. Discover penthouse living in one of Calgary’s most iconic inner-city communities. Don’t miss this exceptional opportunity in Mission.
- Property Type:
- Residential
- Property Sub Type:
- Apartment
- Condo Type:
- Conventional Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- No
- Home Style:
- Apartment-Penthouse
- Total Living Area:
- 1,072 sq. ft.
- Main Level Finished Area:
- 1,072 sq. ft.
- Lower Level Finished Area:
- Signup
- Above Grade Finished Area:
- Signup
- Taxes:
- Signup
- Tax Assessed Value:
- Signup
- Condo Fee:
- $776.53
- Condo Fee Includes:
- Common Area Maintenance, Gas, Heat, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
- HOA Fee Includes:
- Signup
- Acres Cleared:
- Signup
- Acres Cultivated:
- Signup
- Acres Irrigated:
- Signup
- Acres Leasehold:
- Signup
- Acres Not Cultivated:
- Signup
- Acres Freehold:
- Signup
- Acres Seeded:
- Signup
- Acres Tame Hay:
- Signup
- Acres Treed:
- Signup
- Acres Waste:
- Signup
- Acres Water Rights:
- Signup
- Front Exposure:
- North
- Reg. Size:
- Signup
- Reg. Size Includes:
- Signup
- Unit Exposure:
- South
- Floor Location:
- Top
- Entry Level:
- 13
- Stories Total:
- 13
- Levels:
- Single Level Unit
- End Unit:
- 2+ Common Walls
- Total Rooms Above Grade:
- 6
- Year built:
- 1984 (Age: 41)
- Bedrooms:
- 2 (Above Grd: 2)
- Bedrooms Above Grade:
- 2
- Bedrooms Below Grade:
- 0
- Bathrooms:
- 2.0 (Full:2, Half:0)
- Plan:
- 8410915
- Heating:
- Baseboard, Boiler, Hot Water, Natural Gas
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Brick, Concrete, Metal Siding
- Structure Type:
- High Rise (5+ stories)
- Roof:
- Asphalt, Membrane
- Ensuite:
- Yes
- Flooring:
- Laminate
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- No
- Parking:
- Assigned, Stall, Underground
- Parking Places:
- 1
- Parking Total/Covered:
- 1 / -
- Laundry Features:
- In Unit, Laundry Room
- Condo Fee Frequency:
- Monthly
- Riverscape
- Mission
- Bicycle Storage, Fitness Center, Garbage Chute, Park, Picnic Area, Secured Parking, Snow Removal, Storage, Trash
- Dishwasher, Dryer, Electric Range, Range Hood, Refrigerator, Washer, Window Coverings
- None
- Board Approval, Condo/Strata Approval, Pet Restrictions or Board approval Required, Short Term Rentals Not Allowed
- Restrictions, Cats OK
- Floor
- Type
- Size
- Other
- Main Floor
- Living Room
- 16'6" × 15'
- Main Floor
- Kitchen
- 12'3" × 8'6"
- Main Floor
- Dining Room
- 11' × 8'6"
- Main Floor
- Bedroom - Primary
- 14'10" × 12'3"
- Main Floor
- Walk-In Closet
- 6'4" × 4'5"
- Main Floor
- Bedroom
- 11'6" × 10'4"
- Main Floor
- Laundry
- 8'6" × 5'1"
- Main Floor
- Foyer
- 8'10" × 4'
- Main Floor
- Balcony
- 20'11" × 13'2"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- Yes
- 4
- 4'11" x 8'8"
- Main Floor
- No
- 4
- 4'11" x 8'1"
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
- Interior Features:
- Closet Organizers, Dry Bar, Open Floorplan, Quartz Counters, Storage, Vinyl Windows
- Exterior Features:
- Balcony, Storage
- Patio And Porch Features:
- Balcony(s), See Remarks
- Num. of Parcels:
- 0
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- M-H2
- Listed Date:
- Aug 28, 2025
- Days on Mkt:
- Signup
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Virtual Tour
Listed by KIC Realty
Data was last updated September 17, 2025 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 43
- Avg list price:
- $349,900
- Min list price:
- $189,900
- Max list price:
- $1,550,000
- Avg days on market:
- 43
- Min days on market:
- 1
- Max days on market:
- 217
- Avg price per sq.ft.:
- $431.13
These statistics are generated based on the current listing's property type
and located in
Mission. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Diane Richardson 403.397.3706
Diane@mypadCalgary.com
Cell:
403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary
AB
T2H 2C3
CA
Featured Listing
Location: Rural Wheatland County
220048 RR 212
$549,900
MLS®#: A2224407
Bedrooms: 4
Bathrooms: 2.0
CIR Realty