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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63 Diamond Terrace SE
Diamond Cove Calgary T2J 7B1

$1,100,000
Residential beds: 5 baths: 4.0 2,051 sq. ft. built: 1990

Main Photo: 63 Diamond Terrace SE in Calgary: Diamond Cove Detached for sale : MLS®# A2246415
Photo 1: 63 Diamond Terrace SE in Calgary: Diamond Cove Detached for sale : MLS®# A2246415
Photo 2: 63 Diamond Terrace SE in Calgary: Diamond Cove Detached for sale : MLS®# A2246415
Photo 3: 63 Diamond Terrace SE in Calgary: Diamond Cove Detached for sale : MLS®# A2246415
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Photo 5: 63 Diamond Terrace SE in Calgary: Diamond Cove Detached for sale : MLS®# A2246415
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Photo 49: 63 Diamond Terrace SE in Calgary: Diamond Cove Detached for sale : MLS®# A2246415
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2246415
Bedrooms:
5
Bathrooms:
4
Year Built:
1990
Welcome to this one-of-a-kind executive bungalow in the prestigious community of Diamond Cove, offering nearly 4,000 sq ft of beautifully developed space on a ¼-acre lot, just moments from the Bow River and scenic pathways. Set on a private, treed lot, the backyard is a true oasis, with mature landscaping and ample space to relax, entertain, and enjoy the peace of nature. Inside, you’ll be immediately impressed by the luxurious primary retreat, thoughtfully designed with a spa-inspired ensuite, soaker tub, and generous walk-in closet—your personal haven of comfort and elegance. The main floor also features two additional spacious bedrooms, a full bathroom, a powder room, a large laundry room, and a bright, open-concept living and dining area. The stunning chef’s kitchen is outfitted with high-end appliances, extensive cabinetry, and an oversized island—perfect for entertaining and everyday living. The fully finished basement expands your living space with two more bedrooms, a full bathroom, a massive rec room, and multiple storage areas. Completing this exceptional home is a double attached garage and an oversized driveway. This property blends elegance, functionality, and natural beauty in one of Calgary’s most exclusive riverside neighborhoods. Don’t miss the opportunity to call this truly unique home your own!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bungalow
Total Living Area:
2,050.54 sq. ft.
Lot Area:
11,065 sq. ft.
Lot Frontage:
30'8⅞"
Front Exposure:
Southeast
Unit Exposure:
Southeast
Levels:
One
Total Rooms Above Grade:
7
Year built:
1990 (Age: 35)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
8911475
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile
Cooling:
None
Fireplaces:
0
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
Main Level
Diamond Cove
Built-In Oven, Dishwasher, Gas Stove, Microwave, Range Hood, Refrigerator, Washer/Dryer
N/A
Restrictive Covenant, Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Laundry
10'1" × 5'9"
Main Floor
Bedroom
11'11" × 9'9"
Main Floor
Bedroom
11'10" × 9'
Main Floor
Bedroom - Primary
15' × 12'10"
Main Floor
Foyer
8'9" × 6'2"
Main Floor
Living Room
19'2" × 12'
Main Floor
Dining Room
17' × 14'8"
Main Floor
Kitchen
20'5" × 20'3"
Lower Level
Other
12'10" × 5'1"
Lower Level
Game Room
25'7" × 14'7"
Lower Level
Game Room
26'6" × 14'11"
Lower Level
Bedroom
9'8" × 9'7"
Lower Level
Storage
9'10" × 6'11"
Lower Level
Furnace/Utility Room
21' × 13'1"
Lower Level
Bedroom
19'9" × 10'11"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
5
10'11" x 13'5"
Main Floor
No
4
6'4" x 7'10"
Main Floor
No
2
6'4" x 4'1"
Lower Level
No
3
6'7" x 8'3"
Title to Land:
Fee Simple
Community Features:
Fishing, Park, Playground, Schools Nearby, Walking/Bike Paths
Interior Features:
Double Vanity, Open Floorplan, Pantry, Quartz Counters, Soaking Tub
Exterior Features:
Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Yard, Fruit Trees/Shrub(s), Private
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
RCG
Listed Date:
Aug 06, 2025
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Virtual Tour

Virtual Tour

Listed by Renzo Real Estate Inc.
Data was last updated August 10, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
7,049
Avg list price:
$569,900
Min list price:
$120,000
Max list price:
$13,500,000
Avg days on market:
34
Min days on market:
1
Max days on market:
744
Avg price per sq.ft.:
$413.02
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.