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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12 Deerbrook Bay SE
Deer Run Calgary T2J 5Z8

$699,000
Residential beds: 4 baths: 4.0 1,815 sq. ft. built: 1981

Front
Photo 1: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 2: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 3: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 4: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 5: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 6: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 7: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 8: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 9: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 10: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 11: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 12: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 13: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 14: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 15: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 16: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 17: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 18: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 19: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 20: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 21: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 22: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 23: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 24: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 25: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 26: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 27: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 28: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 29: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 30: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 31: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 32: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 33: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 34: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 35: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 36: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 37: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Photo 38: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2254781
Bedrooms:
4
Bathrooms:
4
Year Built:
1981
Welcome to this one-of-a-kind family home tucked away on a quiet bay in the highly desirable community of Deer Run—just steps from Fish Creek Park! Offering over 1,800 sq ft above grade, this charming 2 Storey Split combines character, function, and thoughtful updates throughout. Step inside to an open entry with soaring vaulted ceilings and skylight filling the sunken living room with natural light. An open doorway leads to a versatile front office or sunroom, while the formal dining room is the perfect spot for gatherings. The bright kitchen with eating nook overlooks the cozy family room with updated fireplace and mantle, and provides direct access to the expansive deck and wide pie-shaped backyard —ideal for entertaining. Upstairs, you’ll find 3 bedrooms, including a spacious primary retreat with a 4-piece ensuite, private balcony, and unique shuttered opening overlooking the living room. The partially finished basement offers additional space with a 4th room/den, rec area, and bathroom, along with plenty of storage space. In total, the home offers 3.5 bathrooms. Recent renovations and upgrades include: Freshly painted throughout Kitchen cabinets replaced Hardwood treads on stairs All windows replaced (2015) Roof replaced (2013) Deck replaced (2018) Fireplace tile & mantle updated Toilets & vanities refreshed Hot water tank (2021) Nearly all flooring is engineered hardwood, making it both stylish and allergy-friendly. Community Highlights: Deer Run is one of Calgary’s hidden gems—bordering Fish Creek Park, which offers endless outdoor recreation including paved/unpaved trails, Sikome Lake, fishing, hiking, biking, and wildlife viewing. Residents enjoy nearby schools, playgrounds, tennis courts, shopping, restaurants, and easy transit access. It’s a true family-oriented community with a small-town feel, yet minutes from major routes for a quick commute. Don’t miss this incredible opportunity to own a home with character, space, and a location that can’t be beat!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
2 Storey Split
Total Living Area:
1,815.49 sq. ft.
Main Level Finished Area:
1,115.44 sq. ft.
Upper Level Finished Area:
700.05 sq. ft.
Below Grade Finished Area:
863.54 sq. ft.
Acreage:
No
Lot Area:
7,190 sq. ft.
Lot Frontage:
31'11⅞"
Front Exposure:
Northwest
Levels:
Two
Total Rooms Above Grade:
9
Year built:
1981 (Age: 44)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
7910655
Heating:
Forced Air, Natural Gas
Basement:
Full, Partially Finished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Wood Frame, Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Hardwood
Cooling:
None
Fireplaces:
1
Fireplace Details:
Mantle, Mixed, Wood Burning
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Attached, Driveway
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
Laundry Room, Main Level
Deer Run
Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer, Window Coverings
Hot Tub
Restrictive Covenant, Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Den
11'3" × 9'10"
Main Floor
Dining Room
11'2" × 10'2"
Main Floor
Family Room
17' × 14'6"
Main Floor
Foyer
8' × 7'5"
Main Floor
Kitchen
20'11" × 9'9"
Main Floor
Laundry
7'9" × 5'1"
Main Floor
Living Room
15'1" × 11'2"
2nd Floor
Bedroom
13'5" × 9'2"
2nd Floor
Bedroom - Primary
16'10" × 11'9"
2nd Floor
Bedroom
13'5" × 9'6"
Basement
Bedroom
15' × 8'
Basement
Game Room
27'5" × 19'9"
Basement
Storage
10'2" × 8'9"
Basement
Storage
5'1" × 4'1"
Basement
Storage
19'6" × 7'7"
Basement
Other
7'8" × 7'
Basement
Workshop
15'7" × 9'1"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'10" x 6'8"
2nd Floor
No
4
5' x 8'8"
2nd Floor
Yes
4
8'6" x 5'8"
Basement
No
3
8'10" x 5'11"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Natural Woodwork, No Smoking Home, Vaulted Ceiling(s)
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s), Deck
Lot Features:
Back Yard, Cul-De-Sac, Fruit Trees/Shrub(s), Pie Shaped Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
R-CG
Listed Date:
Sep 12, 2025
  • Photo 1: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Front
  • Photo 2: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Porch
  • Photo 3: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Entrance
  • Photo 4: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Entrance
  • Photo 5: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Foyer
  • Photo 6: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Den
  • Photo 7: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Family Room
  • Photo 8: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Family Room
  • Photo 9: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Dining
  • Photo 10: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Living Room
  • Photo 11: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Living Room
  • Photo 12: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Kitchen
  • Photo 13: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Kitchen
  • Photo 14: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Kitchen
  • Photo 15: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Kitchen
  • Photo 16: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Main bathroom
  • Photo 17: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Laundry Room
  • Photo 18: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Bedroom 1
  • Photo 19: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Bedroom 2
  • Photo 20: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Bedroom 2
  • Photo 21: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Upper Hallway
  • Photo 22: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Upper Bathroom
  • Photo 23: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Primary
  • Photo 24: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Primary
  • Photo 25: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Ensuite Bathroom
  • Photo 26: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Basement Rec Room
  • Photo 27: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Storage
  • Photo 28: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Basement Bathroom
  • Photo 29: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Basement Utility
  • Photo 30: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Upper Balcony
  • Photo 31: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Back Deck
  • Photo 32: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Back Yard
  • Photo 33: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Photo 33 of 38
  • Photo 34: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Photo 34 of 38
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  • Photo 37: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Photo 37 of 38
  • Photo 38: 12 Deerbrook Bay SE in Calgary: Deer Run Detached for sale : MLS®# A2254781
    Community

3D Tour

Listed by eXp Realty
Data was last updated September 30, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
7,272
Avg list price:
$575,450
Min list price:
$120,000
Max list price:
$13,500,000
Avg days on market:
37
Min days on market:
1
Max days on market:
730
Avg price per sq.ft.:
$410.56
These statistics are generated based on the current listing's property type and located in Calgary. 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.