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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405 33 Arbour Grove Close NW
Arbour Lake Calgary T3G 4K2

$309,900
Residential beds: 2 baths: 2.0 848 sq. ft. built: 1997

Main Photo: 405 33 Arbour Grove Close NW in Calgary: Arbour Lake Apartment for sale : MLS®# A2237773
Photo 1: 405 33 Arbour Grove Close NW in Calgary: Arbour Lake Apartment for sale : MLS®# A2237773
Photo 2: 405 33 Arbour Grove Close NW in Calgary: Arbour Lake Apartment for sale : MLS®# A2237773
Photo 3: 405 33 Arbour Grove Close NW in Calgary: Arbour Lake Apartment for sale : MLS®# A2237773
Photo 4: 405 33 Arbour Grove Close NW in Calgary: Arbour Lake Apartment for sale : MLS®# A2237773
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Photo 30: 405 33 Arbour Grove Close NW in Calgary: Arbour Lake Apartment for sale : MLS®# A2237773
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2237773
Bedrooms:
2
Bathrooms:
2
Year Built:
1997
Location, Location, Location! This beautiful 2-bedroom, 2-bathroom condo is ideally situated in the sought-after Arbour Lake community, just a short walk from the LRT station and Crowfoot Crossing Shopping Centre. Located on the 4th floor and facing northeast, this unit features stylish laminate flooring throughout. The bright and spacious living room includes a cozy fireplace and opens to a balcony where you can enjoy morning sunshine and an open view—perfect for sipping your coffee. A BBQ gas line is also installed and ready for use. The thoughtfully designed floor plan places the primary bedroom and second bedroom on opposite sides of the living room, providing added privacy. The primary suite features a walk-through closet and a 4-piece ensuite. The second full bathroom is conveniently located near the second bedroom. An oversized laundry room offers additional storage space, and your vehicle will be secure in the titled underground parking stall. Families will appreciate the close proximity to Arbour Lake School (Grades 6–9) and Robert Thirsk High School (Grades 10–12), both within walking distance. As Calgary’s only Northwest lake community, Arbour Lake offers year-round activities including swimming, boating, fishing, and ice skating. All essential amenities—restaurants, banks, shops, cinema, library, and scenic pathways—are just moments away. Don’t miss your chance to view this gem—explore more with the included 3D virtual tour!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Apartment-Single Level Unit
Total Living Area:
847.93 sq. ft.
Main Level Finished Area:
847.93 sq. ft.
Condo Fee:
$471.25
Condo Fee Includes:
Common Area Maintenance, Gas, Heat, Insurance, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
HOA Fee Frequency:
Annually
Front Exposure:
Northeast
Unit Exposure:
Northeast, Northwest
Floor Location:
Other
Entry Level:
1
Stories Total:
5
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
1997 (Age: 28)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
9712202
Heating:
Baseboard, Hot Water, Natural Gas
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
Low Rise (2-4 stories)
Ensuite:
Yes
Flooring:
Ceramic Tile, Laminate
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas
Garage:
No
Parking:
Secured, See Remarks, Stall, Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit, Main Level
HOA Fee:
$231.00
Condo Fee Frequency:
Monthly
Arbour Grove
Arbour Lake
Beach Access, Boating, Clubhouse, Party Room, Recreation Facilities
Dryer, Electric Stove, Garage Control(s), Microwave, Range Hood, Refrigerator, Washer, Window Coverings
n/a
None Known
Yes
Floor
Type
Size
Other
Main Floor
Living Room
15'5" × 12'5"
Main Floor
Kitchen
8'2" × 7'6"
Main Floor
Dining Room
11'8" × 8'7"
Main Floor
Bedroom - Primary
13'10" × 11'2"
Main Floor
Bedroom
11'3" × 9'9"
Main Floor
Laundry
7'3" × 6'
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
5' x 7'7"
Main Floor
No
4
4'11" x 7'4"
Title to Land:
Fee Simple
Community Features:
Clubhouse, Lake, Park, Sidewalks
Interior Features:
See Remarks
Exterior Features:
Balcony, BBQ gas line
Patio And Porch Features:
Balcony(s), See Remarks
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
M-C2
Listed Date:
Jul 07, 2025
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    Dining Room
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    Dinning Room
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Virtual Tour

Virtual Tour

Listed by CIR Realty
Data was last updated July 25, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
38
Avg list price:
$436,503
Min list price:
$257,999
Max list price:
$2,099,500
Avg days on market:
22
Min days on market:
1
Max days on market:
129
Avg price per sq.ft.:
$433.26
These statistics are generated based on the current listing's property type and located in Arbour Lake. 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.