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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16 1516 24 Avenue SW
Bankview Calgary T2T 0Y1

$164,900
Residential beds: 1 baths: 1.0 415 sq. ft. built: 1962

Main Photo: 16 1516 24 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2238006
Photo 1: 16 1516 24 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2238006
Photo 2: 16 1516 24 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2238006
Photo 3: 16 1516 24 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2238006
Photo 4: 16 1516 24 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2238006
Photo 5: 16 1516 24 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2238006
Photo 6: 16 1516 24 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2238006
Photo 7: 16 1516 24 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2238006
Photo 8: 16 1516 24 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2238006
Photo 9: 16 1516 24 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2238006
Photo 10: 16 1516 24 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2238006
Photo 11: 16 1516 24 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2238006
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2238006
Bedrooms:
1
Bathrooms:
1
Year Built:
1962
Contemporary one bedroom condo situated on a quiet street in the heart of the lively inner city community of Bankview. Very open and well-designed layout with over 414 SQFT of updated living space with lots of natural light. Absolutely immaculate + beautifully maintained! Bright, white kitchen cabinetry & island with breakfast bar in this well designed kitchen with a complete appliance package including dishwasher, open to a cozy great room featuring laminate floors & patio door access to a deck spanning the full length of the unit. Double door access to the primary bedroom with an oversized double closet. The 4 pc bath features bright, white fixtures & ceiling height ceramic tiles. Location, location, location: Nestled just off 14th St SW, this gem is a hop, skip, & a jump away from the vibrant pulse of 17th Avenue and the charm of Marda Loop. Café’s boutiques, & all the good stuff - within walking distance. While in-unit laundry isn’t part of the deal, fear not! The laundry room is only steps away. And guess what? The tenant consensus is: no laundry wars. Bonus Storage: You get your very own storage unit in the laundry room. Lots of room to stash away those out of season or seldom used items. Let’s turn this charming suite into your cozy sanctuary, no more landlord, this is your chance to build equity for your future.
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:
414.51 sq. ft.
Main Level Finished Area:
414.51 sq. ft.
Condo Fee:
$320.05
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Gas, Insurance, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Front Exposure:
South
Unit Exposure:
North
Floor Location:
Other
Entry Level:
2
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
3
Year built:
1962 (Age: 63)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
0012329
Heating:
Baseboard, Natural Gas
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Composite Siding, Stucco
Structure Type:
Low Rise (2-4 stories)
Roof:
Membrane
Ensuite:
No
Flooring:
Laminate, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Stall
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
Common Area
Condo Fee Frequency:
Monthly
Hardwood View
Bankview (Calgary)
Coin Laundry, Storage, Trash
Dishwasher, Electric Stove, Range Hood, Refrigerator, Window Coverings
N/A
Easement Registered On Title, Utility Right Of Way
Restrictions
Floor
Type
Size
Other
Main Floor
Living Room
10'7" × 10'6"
Main Floor
Kitchen
10'6" × 9'
Main Floor
Bedroom - Primary
10'8" × 8'
Main Floor
Storage
5' × 2'4"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Clubhouse, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s)
Interior Features:
Breakfast Bar, No Animal Home, No Smoking Home, Storage
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C2
Listed Date:
Jul 08, 2025
  • Photo 1: 16 1516 24 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2238006
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  • Photo 11: 16 1516 24 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2238006
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Listed by RE/MAX Landan Real Estate
Data was last updated July 19, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
40
Avg list price:
$264,900
Min list price:
$164,900
Max list price:
$1,489,000
Avg days on market:
28
Min days on market:
1
Max days on market:
142
Avg price per sq.ft.:
$385.91
These statistics are generated based on the current listing's property type and located in Bankview. 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.