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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48 Chancellor Way NW
Cambrian Heights Calgary T2K 1Y1

$749,900
Residential beds: 5 baths: 2.0 1,169 sq. ft. built: 1957

Main Photo: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 1: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 2: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 3: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 4: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 5: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 6: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 7: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 8: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 9: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 10: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 11: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 12: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 13: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 14: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 15: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 16: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 17: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 18: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
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Photo 22: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 23: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 24: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 25: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
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Photo 38: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 39: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Photo 40: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2252712
Bedrooms:
5
Bathrooms:
2
Year Built:
1957
Welcome to this beautifully maintained bungalow in the desirable community of Cambrian Heights. Offering a total of five bedrooms and two full bathrooms, this home is perfect for families or those needing extra space. The bright main floor features a large living room with a cozy gas fireplace, a functional kitchen with Corian counters and newer appliances, and generous dining and living areas for everyday living and entertaining. Notable upgrades include most windows replaced, a newer furnace (5 years), hot water tank (February 2025), central air conditioning, and a water softener system. The sewer line was replaced eight years ago, and the backyard has a concrete pad and is wired, ready for a hot tub. Additional touches such as Gemstone exterior lights add to the curb appeal. Outside, you’ll love the spacious yard and the convenience of both a single attached garage and a double detached garage, a rundlestone patio, and gas BBQ line! Beyond the home itself, Cambrian Heights is a welcoming and established community. You’ll appreciate the proximity to excellent schools, churches, a nearby pharmacy, and even a medical clinic with a new doctor currently accepting patients. Outdoor enthusiasts and pet owners will enjoy easy access to dog parks and green spaces, while commuters and students benefit from excellent transit connections to SAIT and the University of Calgary. Within walking distance to the Calgary Winter Club, this property truly combines comfort, function, and a fantastic location. Don’t miss out on this wonderful opportunity!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,169 sq. ft.
Acreage:
No
Lot Area:
6,197 sq. ft.
Lot Frontage:
61'
Front Exposure:
Southeast
Levels:
One
Total Rooms Above Grade:
6
Year built:
1957 (Age: 68)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
9043HA
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame, Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Hardwood
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Gas
Garage:
Yes
Garage Spaces:
3
Parking:
Double Garage Detached, Single Garage Attached
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
In Basement
Cambrian Heights
Central Air Conditioner, Dishwasher, Garage Control(s), Range Hood, Refrigerator, Washer/Dryer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Living Room
19'3" × 14'8"
Main Floor
Dining Room
9'4" × 9'3"
Main Floor
Kitchen
11'10" × 10'6"
Main Floor
Bedroom - Primary
13' × 10'7"
Main Floor
Bedroom
13' × 11'1"
Main Floor
Bedroom
11'9" × 11'7"
Basement
Bedroom
10'11" × 10'1"
Basement
Bedroom
10'8" × 9'1"
Basement
Game Room
17'6" × 16'4"
Basement
Storage
5'6" × 3'9"
Basement
Furnace/Utility Room
18'8" × 15'
Floor
Ensuite
Pieces
Other
Main Floor
No
4
7'9" x 7'9"
Basement
No
3
7'1" x 6'6"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
No Smoking Home, Vinyl Windows
Exterior Features:
Private Entrance, Private Yard, Rain Gutters
Patio And Porch Features:
Patio
Lot Features:
Back Lane, Back Yard, Flag Lot, Front Yard, Garden, Landscaped, Lawn, Private, Street Lighting
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-RG
Listed Date:
Sep 03, 2025
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    Living room
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    Gas fireplace
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    Corian counters
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    Mid century modern door!
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    Large family room downstairs
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    Spectacular backyard!
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    Oversize double detatched garage
  • Photo 39: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
    Floor plan main
  • Photo 40: 48 Chancellor Way NW in Calgary: Cambrian Heights Detached for sale : MLS®# A2252712
    Floor plan basement

Virtual Tour

Virtual Tour

Listed by RE/MAX Real Estate (Mountain View)
Data was last updated September 30, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$825,000
Min list price:
$649,900
Max list price:
$1,750,000
Avg days on market:
26
Min days on market:
5
Max days on market:
123
Avg price per sq.ft.:
$641.49
These statistics are generated based on the current listing's property type and located in Cambrian Heights. 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.