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.

Bonavista DownsSouthCalgary

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  • 1348 Lake Michigan Crescent SE in Calgary: Bonavista Downs Detached for sale : MLS®# A2207709

    1348 Lake Michigan Crescent SE Bonavista Downs Calgary T2J 3G1
    Main Photo: 1348 Lake Michigan Crescent SE in Calgary: Bonavista Downs Detached for sale : MLS®# A2207709
    $570,000
    Residential
    Status:
    Active
    MLS® Num:
    A2207709
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    980 sq. ft.
    LOCATED ON A QUIET , MATURE, STREET WITH WEST BACK YARD ; THIS HOME FEATURES SPACIOUS MASTER BEDROOM EXPANSION , A DECK OFF THE KITCHEN, FUNCTIONAL LOWER DEVELOPMENT THAT INCLUDES A HUGE RECROOM , A CONVENIENT 3 PIECE BATHROOM , AND STORAGE. RECENT UPGRADES INCLUDE NEWER WINDOWS, VINYL SIDING, SHINGLES , AND A CENTRAL AIR CONDIONING UNIT AND FURNACE IN 2023. OUTSIDE HAS A FRONT DRIVE WAY , A HEATED DOUBLE GARAGE , POURED CONCRETE RV PARKING , ATTACHED DECK , BRICK PATIO , AND PAVED BACK ALLY . JUST A GREAT HOME A HUGE ,GEORGOUS LOT. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 1349 Lake Sylvan Drive SE in Calgary: Bonavista Downs Detached for sale : MLS®# A2221064

    1349 Lake Sylvan Drive SE Bonavista Downs Calgary T2J 3Z5
    Main Photo: 1349 Lake Sylvan Drive SE in Calgary: Bonavista Downs Detached for sale : MLS®# A2221064
    $849,990
    Residential
    Status:
    Active
    MLS® Num:
    A2221064
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,054 sq. ft.
    Step into this impressively renovated home, gutted and transformed inside and out approximately two years ago, where a wide open floor plan immediately captivates. The heart of this home is the stunning kitchen, part of the extensive renovation completed around mid-2023, boasting a massive island with a striking waterfall quartz countertop. It's fully equipped with stainless steel appliances, ample storage in a large pantry, and sleek quartz counters throughout. Don't be deceived by the exterior; this home offers surprisingly spacious rooms. The master suite is a true retreat, measuring 14'5"x11'8". It features a luxurious full ensuite, also part of the home's comprehensive renovation, complete with dual sinks, a beautifully tiled glass shower, a separate soaker tub, and a walk-in closet outfitted with custom shelving. The main floor also includes a large second bedroom, another full bathroom, and an inviting open-concept dining and living area. A cozy fireplace and gleaming hardwood floors, all updated during the renovation, enhance the warmth and elegance of this space. Descend to the fully finished basement to discover an expansive family room, perfect for entertaining or relaxing. This level, also fully renovated, houses a stylish laundry room, a full bathroom with a tiled glass shower, and two additional generously sized bedrooms. The layout here offers excellent potential to create an in-law suite or a separate second unit by adding a kitchen, A secondary suite would be subject to approval and permitting by the city/ municipality. The exterior, completely redone roughly two years ago, features durable Hardie siding, concrete walkways, and landscaping. A double detached garage provides ample parking and storage. Investment Opportunity & Versatility: This property has a proven track record as a successful Airbnb rental, boasting excellent ratings, making it a turnkey option for those interested in a short-term rental business. Alternatively, its thoughtful layout easily lends itself to multi-generational living or conversion into two separate units. This exceptional, fully renovated home is a rare find, offering both a beautiful living space and significant income potential. An absolute must-see. More details
    Listed by HouseSigma Inc.
    DIANE RICHARDSON
  • 157 Lake Sylvan Close SE in Calgary: Bonavista Downs Semi Detached (Half Duplex) for sale : MLS®# A2211076

    157 Lake Sylvan Close SE Bonavista Downs Calgary T2J 3E5
    Main Photo: 157 Lake Sylvan Close SE in Calgary: Bonavista Downs Semi Detached (Half Duplex) for sale : MLS®# A2211076
    $1,080,000
    Residential
    Status:
    Active
    MLS® Num:
    A2211076
    Bedrooms:
    6
    Bathrooms:
    5
    Floor Area:
    2,065 sq. ft.
    Click brochure link for more details. This duplex is currently under construction and getting build by the experienced owner. Discover this STUNNING and LUXURIOUS semi-detached infill in the sought-after Bonavista community, offering an incredible mortgage helper with a LEGAL SUITE basement! Live in the expansive 2,064 SQ FT upper level, featuring 3 BEDROOMS and 2.5 BATHROOMS, while renting out the PRIVATE 3 BEDROOM, 1260 SQ FT LEGAL basement full legal suite. The basement comes with 4" thick rigid insulation under the concrete slab together with the INFLOOR HEATING SYSTEM. Bonavista is an ideal neighbourhood for both young professionals and families, conveniently located near shopping, amenities, restaurants, public transit, and excellent schools and parks. The Bonavista community is one of the QUIETEST and SAFEST community in Calgary. This home is set on a spacious 125 ft deep lot and boasts an open-concept design, high ceilings (10 ft on the main level and 9 ft upstairs), stunning lighting and plumbing fixtures, European windows, and an abundance of natural light. The backyard has 40 ft long space and completed with a concrete patio. The back alley is double lined and paved. Upon entry, you’ll be welcomed by a spacious foyer and front closet with built-in shelving and hanging racks. The kitchen is a chef’s dream with a beautiful farmhouse hood fan, ceiling-height cabinetry, QUARTZ backsplash, a MASSIVE island with gorgeous quartz countertops and ample seating, and stainless-steel appliances, including a cooler. The living room is flooded with natural light through large windows and features a GAS fireplace with elegant tile for cozy gatherings. There is plenty of built-in cabinetry and shelving, offering ample storage space throughout. The upper level is home to the primary bedroom, complete with a feature wall, walk-in closet with built-in shelving and hanging racks, and a luxurious ensuite bathroom with heated floors, a freestanding soaker tub, and a fully tiled shower with glass doors. This floor also includes the laundry room, two additional generously-sized bedrooms, and a 5-piece bathroom. The legal basement suite has its own private separate entrance—accessible from the side of the house and the kitchen on the main level. The legal suite features a primary and 2 spacious bedrooms, 2 - 4-piece bathrooms, linen closet, and additional storage under the stairs. The kitchen includes ceiling-height cabinets, quartz countertops, a built-in pantry, dual undermount sink, fridge, electric range, and dishwasher. The legal suite also offers a large living/dining area and in-suite laundry. More details
    Listed by Honestdoor Inc.
    DIANE RICHARDSON
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Data was last updated May 31, 2025 at 10:05 AM (UTC)
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.