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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2205 550 Belmont Street SW
Belmont Calgary T2X 6A5

$424,900
Residential beds: 2 baths: 2.0 1,052 sq. ft. built: 2025

Main Photo: 2205 550 Belmont Street SW in Calgary: Belmont Apartment for sale : MLS®# A2239063
Photo 1: 2205 550 Belmont Street SW in Calgary: Belmont Apartment for sale : MLS®# A2239063
Photo 2: 2205 550 Belmont Street SW in Calgary: Belmont Apartment for sale : MLS®# A2239063
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Photo 36: 2205 550 Belmont Street SW in Calgary: Belmont Apartment for sale : MLS®# A2239063
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2239063
Bedrooms:
2
Bathrooms:
2
Year Built:
2025
Welcome to this stunning, brand-new corner unit in the vibrant community of Belmont, built by award-winning Cedarglen Living! This thoughtfully designed 2-bedroom, 2-bathroom home offers 1,052 sq ft (RMS) of bright, open-concept living with 9’ knock-down ceilings and an abundance of natural light. Enjoy over $27,000 in premium builder upgrades, including a GORGEOUS extended kitchen island, stylish two-toned cabinetry, upgraded kitchen tile, luxury vinyl plank flooring throughout, soft-close hinges, built-in recycle center, upgraded appliance package (with water line to fridge), and upgraded closet shelving. The upgraded cozy electric fireplace and 1.5-ton A/C unit add comfort year-round. The spacious primary bedroom features a dual-sink ensuite and a large walk-in closet. A versatile second bedroom is perfect for guests, a home office, or a creative space. The open living and dining areas extend seamlessly to the east-facing patio, complete with a BBQ gas line—ideal for enjoying your morning coffee and sunrises. Additional features include triple-glazed Low E windows, electric baseboard heating, in-suite laundry, a separate storage unit, and a titled underground parking stall. Located in a pet-friendly and rental-friendly building surrounded by parks, shopping, and restaurants, with easy access to MacLeod Trail and Stoney Trail—this is modern, low-maintenance living at its best. Just move in and enjoy!
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:
1,052.44 sq. ft.
Main Level Finished Area:
1,052.44 sq. ft.
Condo Fee:
$457.05
Condo Fee Includes:
Common Area Maintenance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash
Front Exposure:
South
Unit Exposure:
West
Floor Location:
Other
Entry Level:
1
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
2025 (Age: 0)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
2411131
Heating:
Baseboard, Electric, Fireplace(s)
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Flat
Ensuite:
Yes
Flooring:
See Remarks, Vinyl Plank
Cooling:
Wall Unit(s)
Fireplaces:
1
Fireplace Details:
Electric, Family Room
Garage:
No
Garage Spaces:
1
Parking:
Titled, Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Z-name Not Listed
Belmont
Bicycle Storage, Elevator(s), Secured Parking, Storage, Visitor Parking
Dishwasher, Dryer, Electric Stove, Microwave, Range Hood, Refrigerator, Washer, Window Coverings
Key FOB x 2, 3 Keys
Easement Registered On Title, Pet Restrictions or Board approval Required, Restrictive Covenant
Restrictions
Floor
Type
Size
Other
Main Floor
Entrance
10'4" × 4'6"
Main Floor
Kitchen
12'7" × 10'4"
Main Floor
Living Room
13'1" × 13'
Main Floor
Dining Room
13'1" × 8'9"
Main Floor
Laundry
7'8" × 5'6"
Main Floor
Bedroom - Primary
12' × 10'3"
Main Floor
Bedroom
9'9" × 9'
Main Floor
Balcony
21' × 6'8"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
8'5" x 8'1"
Main Floor
No
4
8'2" x 5'
Title to Land:
Fee Simple
Community Features:
Park, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Breakfast Bar, Double Vanity, Kitchen Island, Open Floorplan, Pantry, 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 S
Zoning:
DC
Listed Date:
Jul 18, 2025
  • Photo 1: 2205 550 Belmont Street SW in Calgary: Belmont Apartment for sale : MLS®# A2239063
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    Open Design
  • Photo 4: 2205 550 Belmont Street SW in Calgary: Belmont Apartment for sale : MLS®# A2239063
    Upgraded Kitchen
  • Photo 5: 2205 550 Belmont Street SW in Calgary: Belmont Apartment for sale : MLS®# A2239063
    Massive Island
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    Great for entertaining
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    Refrigerator w/ water line
  • Photo 8: 2205 550 Belmont Street SW in Calgary: Belmont Apartment for sale : MLS®# A2239063
    Recycle Station in Island
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  • Photo 13: 2205 550 Belmont Street SW in Calgary: Belmont Apartment for sale : MLS®# A2239063
    Living Room w/ Fireplace
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    2nd Bedroom / Flex Room
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    In-Unit Storage / Laundry
  • Photo 20: 2205 550 Belmont Street SW in Calgary: Belmont Apartment for sale : MLS®# A2239063
    Primary Bed fits King Bed
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  • Photo 22: 2205 550 Belmont Street SW in Calgary: Belmont Apartment for sale : MLS®# A2239063
    Dual Sink Ensuite
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  • Photo 24: 2205 550 Belmont Street SW in Calgary: Belmont Apartment for sale : MLS®# A2239063
    Large Walk-In Closet
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    Open View East Facing
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    Large Balcony
  • Photo 28: 2205 550 Belmont Street SW in Calgary: Belmont Apartment for sale : MLS®# A2239063
    Storage Unit# 84
  • Photo 29: 2205 550 Belmont Street SW in Calgary: Belmont Apartment for sale : MLS®# A2239063
    Parking Stall #444
  • Photo 30: 2205 550 Belmont Street SW in Calgary: Belmont Apartment for sale : MLS®# A2239063
    Bike Storage
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    Nearby Amenities
  • Photo 34: 2205 550 Belmont Street SW in Calgary: Belmont Apartment for sale : MLS®# A2239063
    Public Schools
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    Separate Schools
  • Photo 36: 2205 550 Belmont Street SW in Calgary: Belmont Apartment for sale : MLS®# A2239063
    Private Schools
Listed by CIR Realty
Data was last updated July 29, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
42
Avg list price:
$589,450
Min list price:
$279,000
Max list price:
$898,900
Avg days on market:
47
Min days on market:
3
Max days on market:
179
Avg price per sq.ft.:
$373.84
These statistics are generated based on the current listing's property type and located in Belmont. 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.