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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206 540 18 Avenue SW
Cliff Bungalow Calgary T2S 0C5

$358,800
Residential beds: 2 baths: 2.0 961 sq. ft. built: 1982

Main Photo: 206 540 18 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2207047
Photo 1: 206 540 18 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2207047
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Photo 47: 206 540 18 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2207047
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2207047
Bedrooms:
2
Bathrooms:
2
Year Built:
1982
Welcome to this beautifully newer thorough renovated 2-Bedroom 2-Bathroom unit 206 with 2 Assigned Underground Parking Lots located in the highly sought-after community of Cliff Bungalow. The Pet and Smoke Free Unit with perfect open concept layouts features 961 square feet of living space, thorough vinyl plank flooring, a modern updated functional kitchen with an island, quartz counters, steel stainless appliances, and tons of white cabinet space. The nice cozy dining area is just beside the Kitchen. A walk-in storage crossing the Kitchen can be used as a laundry room, pantry and your daily storage. The master bedroom with walk in closet and updated 4-pc ensuite is enough for a king-size bed with side tables or a dresser. Another bedroom is a perfect option for your kid, guests, a roommate, or your home office. The second updated 4-pc full bathroom is beside the second bedroom. The spacious living room with new installed ceiling lights and a large French Door leading to a balcony with gorgeous City View can easily fit a sectional sofa and TV table. The large triple glazed vinyl French Door and Windows replaced in 2018 keep 2 Bedrooms and Living Room warm, quiet and bright all day long. The 2 assigned underground parking spots with two front large storage cages are just located near the elevator. The condo building is equipped with a modern lobby, parcel locker, a gym and courtyard. Condo Fees include Heat, Water, and access to Gym. Great Location within walking distance to top ranking Western Canada High School, Restaurants. Cafes, Shops and Walk-In Doctor’s Clinics along 17th Avenue SW and 4th Street SW. Minutes walking distance to the nature and unwind pathways and parks along the Elbow River, Tennis Court and Sports Center. Easily accessible to Crowchild Trail and Macleod Trail. Check out the 3D tour and book your own showing now.
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:
961.05 sq. ft.
Condo Fee:
$647.91
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Heat, Insurance, Maintenance Grounds, Parking, 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:
6
Year built:
1982 (Age: 43)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
8410403
Heating:
Baseboard
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle, Membrane
Ensuite:
Yes
Flooring:
Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Assigned, Parkade, Underground
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Cambridge Square
Cliff Bungalow
Elevator(s), Fitness Center, Secured Parking, Storage
Dishwasher, Dryer, Electric Stove, Range Hood, Refrigerator, Washer, Window Coverings
Shelves in Laundry Room/Closets
Board Approval, Pets Allowed
Restrictions, Call, Yes
Floor
Type
Size
Other
Main Floor
Foyer
16'4" × 6'8"
Main Floor
Kitchen
8'5" × 8'2"
Main Floor
Laundry
7'8" × 6'11"
Main Floor
Living Room
13'2" × 12'
Main Floor
Dining Room
17'3" × 10'10"
Main Floor
Bedroom - Primary
12'10" × 10'4"
Main Floor
Bedroom
14'6" × 11'4"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
5'1" x 7'10"
Main Floor
No
4
5' x 7'7"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Kitchen Island, No Animal Home, No Smoking Home, Quartz Counters, Storage, Vinyl Windows, Walk-In Closet(s)
Exterior Features:
Courtyard, Lighting
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C2
Listed Date:
Apr 01, 2025
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3D Tour

Listed by Homecare Realty Ltd.
Data was last updated May 21, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$475,000
Min list price:
$179,900
Max list price:
$1,350,000
Avg days on market:
46
Min days on market:
4
Max days on market:
112
Avg price per sq.ft.:
$423.95
These statistics are generated based on the current listing's property type and located in Cliff Bungalow. Average values are derived using median calculations.
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.