Calgary Condos for Sale Under $500,000 | Affordable & Modern Options Calgary Condos for Sale Under $500,000

Discover a wide variety of Calgary condos for sale under $500,000, ideal for first-time buyers, professionals, and those looking for a convenient and modern lifestyle. Calgary offers a diverse selection of affordable condominiums across its vibrant neighborhoods.

Explore affordable Calgary condos for sale under $500,000 in downtown neighborhoods, offering easy access to shopping, dining, and entertainment. Neighborhoods like Beltline, Mission, and Kensington provide urban living at an affordable price. Mid-range condosThese are typically larger units, with more bedrooms and bathrooms, and can include newer buildings with more amenities. Prices for mid-range condos in Calgary Condos for sale can range from around $300,000 - $500,000.
Entry-level condos: These are typically the most affordable condos in the area, and can include smaller units in older buildings or those that are farther from the city center. Prices for entry-level condos in Calgary can start around $150,000 - $300,000.
If you’re looking for pet-friendly spaces, check out pet-friendly Calgary condos under $500,000 in top neighborhoods. These properties cater to your furry friends while offering proximity to parks and pet-friendly amenities.
For those seeking contemporary living, browse modern Calgary condos under $500,000 with open-concept designs and amenities. These condos often feature updated kitchens, energy-efficient systems, and access to fitness centers and recreational facilities.

Start your journey to owning a condo in Calgary today and find the perfect combination of affordability and modern comfort.

Contact Diane Richardson

Phone: 403.397.3706

Email: diane@mypadcalgary.com

A few things to consider purchasing a Calgary condo under $500,000?

If you're considering purchasing a condo in Calgary for under $500,000, there are several factors to keep in mind:

  1. Affordability: Even though the price range is lower, you still need to ensure that the condo you're considering is within your budget. Consider all costs associated with the purchase, such as condo fees, taxes, and utilities.

  2. Location: Look for a condo located in a desirable neighbourhood that's convenient for your lifestyle. Consider its proximity to public transportation, shopping, dining, and other amenities that you need.

  3. Building quality: Check the quality of the building, including its age, condition, and any potential repairs or maintenance that might be required. This is particularly important if you're purchasing an older unit.

  4. Condo association: Look into the condo association and the management company overseeing the property. Check their financial stability, responsiveness to residents, and any recent or ongoing legal issues.

  5. Building amenities: Consider the building's amenities, such as a gym, pool, rooftop terrace, or concierge. Be sure to weigh the cost of the amenities against their value to you.

  6. Condo size and layout: Look for a condo that fits your needs in terms of space, layout, and functionality.

  7. Financing: Work with a mortgage broker to understand your financing options and to get the best possible interest rate.

  8. Home inspection: Consider hiring a professional home inspector to identify any potential issues with the condo before making an offer.

    I am alway here to answer your question, whether you are looking to sell your Calgary condo or purchase a condo in Calgary. You can reach Diane Richardson by email or call or text me at 403.397.3706 

Here are a few ways to make it easy for you to get in touch with Diane Richardson:

  1. Contact form: A contact form on my website can allow you to send me a message directly from this page. Be sure to include your name, email address, and a message.

  2. Phone number: Included is my phone number here on the page can allow you to call you me directly with any questions or to schedule viewings. 403.397.3706

  3.  Email address: an email address ( Diane@Mypadcalgary.com )can allow you to reach out to me with any questions or to request more information.

  4. Live chat: I have a live chat feature on this website, you can get in touch with me in real-time and get immediate answers to your questions.

    Please be sure to include the property address or MLS® number for the listing you are interested in.

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166 99 Arbour Lake Road NW
Arbour Lake Calgary T3G 4E4

$175,000
Mobile beds: 2 baths: 2.0 1,018 sq. ft. built: 1973

Main Photo: 166 99 Arbour Lake Road NW in Calgary: Arbour Lake Mobile for sale : MLS®# A2226901
Photo 1: 166 99 Arbour Lake Road NW in Calgary: Arbour Lake Mobile for sale : MLS®# A2226901
Photo 2: 166 99 Arbour Lake Road NW in Calgary: Arbour Lake Mobile for sale : MLS®# A2226901
Photo 3: 166 99 Arbour Lake Road NW in Calgary: Arbour Lake Mobile for sale : MLS®# A2226901
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Photo 21: 166 99 Arbour Lake Road NW in Calgary: Arbour Lake Mobile for sale : MLS®# A2226901
Status:
Active
Prop. Type:
Mobile
MLS® Num:
A2226901
Bedrooms:
2
Bathrooms:
2
Year Built:
1973
MOUNTAIN VIEWS, SPACE TO BREATHE, AND A PRICE THAT WORKS! Looking for a cozy home that actually fits your budget? This charming corner-lot gem in the 45+ Watergrove Park might be exactly what you’ve been searching for. Tucked among mature trees with a peaceful mountain view, this spacious 2-bedroom home is perfect if you’re ready to stop renting—or just want to simplify without giving up comfort. Originally a 3-bedroom, it’s been converted to offer two generous bedrooms (hello, walk-in closet potential!) and wide open living spaces. Light floods the front-facing living room, with big windows and a layout that flows easily into the eat-in kitchen and separate dining room—ideal for hosting friends. Out back? A covered deck that’s made for morning coffee or private evening BBQs with a mountain backdrop. You also get a covered front entrance—because no one likes standing in the rain with groceries. Bonus features include: 2-piece ensuite off the primary bedroom Large laundry room Almost-new gas furnace Plenty of storage And the best part? Lot rent is just $855/month (includes water, sewer, recycling, garbage pickup, plus access to a heated pool, hot tub, and community clubhouse). Homes like this don’t last. Come see it before someone else grabs it!
Property Type:
Mobile
Property Sub Type:
Mobile
Transaction Type:
For Sale
Home Style:
Mobile Home-Single Wide
Total Living Area:
1,018 sq. ft.
Levels:
One
Total Rooms Above Grade:
5
Year built:
1973 (Age: 52)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:1, Half:1)
Heating:
Forced Air
Structure Type:
Manufactured House
Roof:
Membrane, Metal
Ensuite:
Yes
Flooring:
Laminate
Garage:
No
Parking:
Parking Pad
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
Laundry Room
Arbour Lake
Clubhouse, Coin Laundry, Fitness Center, Laundry, Parking, Party Room, Recreation Facilities, Snow Removal
Dryer, Electric Stove, Refrigerator, Washer
Shed
Adult Living, Board Approval, Pet Restrictions or Board approval Required, Pets Allowed
Restrictions
Floor
Type
Size
Other
Main Floor
Entrance
6'10" × 4'
Main Floor
Living Room
17' × 13'3"
Main Floor
Kitchen
11'10" × 7'2"
Main Floor
Dining Room
13'4" × 8'
Main Floor
Bedroom - Primary
13'3" × 10'4"
Main Floor
Bedroom
13'2" × 10'5"
Main Floor
Laundry
5'4" × 5'2"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
2
Main Floor
No
4
Community Features:
Clubhouse, Pool, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Patio And Porch Features:
Awning(s), Deck, Porch
Lot Features:
Back Yard, Close to Clubhouse, Lawn, Near Public Transit, Near Shopping Center, Street Lighting, Views
Land Lease Fee:
$855.00
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone NW
Listed Date:
Jun 11, 2025
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Listed by CIR Realty
Data was last updated July 30, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
48
Avg list price:
$150,000
Min list price:
$36,900
Max list price:
$318,900
Avg days on market:
45
Min days on market:
1
Max days on market:
364
Avg price per sq.ft.:
$135.55
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations. This data is not produced by the MLS® system.
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.