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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456 Discovery Place SW
Discovery Ridge Calgary T3H 3Y3

$1,395,000
Residential beds: 6 baths: 5.0 3,343 sq. ft. built: 2022

Main Photo: 456 Discovery Place SW in Calgary: Discovery Ridge Detached for sale : MLS®# A2228926
Photo 1: 456 Discovery Place SW in Calgary: Discovery Ridge Detached for sale : MLS®# A2228926
Photo 2: 456 Discovery Place SW in Calgary: Discovery Ridge Detached for sale : MLS®# A2228926
Photo 3: 456 Discovery Place SW in Calgary: Discovery Ridge Detached for sale : MLS®# A2228926
Photo 4: 456 Discovery Place SW in Calgary: Discovery Ridge Detached for sale : MLS®# A2228926
Photo 5: 456 Discovery Place SW in Calgary: Discovery Ridge Detached for sale : MLS®# A2228926
Photo 6: 456 Discovery Place SW in Calgary: Discovery Ridge Detached for sale : MLS®# A2228926
Photo 7: 456 Discovery Place SW in Calgary: Discovery Ridge Detached for sale : MLS®# A2228926
Photo 8: 456 Discovery Place SW in Calgary: Discovery Ridge Detached for sale : MLS®# A2228926
Photo 9: 456 Discovery Place SW in Calgary: Discovery Ridge Detached for sale : MLS®# A2228926
Photo 10: 456 Discovery Place SW in Calgary: Discovery Ridge Detached for sale : MLS®# A2228926
Photo 11: 456 Discovery Place SW in Calgary: Discovery Ridge Detached for sale : MLS®# A2228926
Photo 12: 456 Discovery Place SW in Calgary: Discovery Ridge Detached for sale : MLS®# A2228926
Photo 13: 456 Discovery Place SW in Calgary: Discovery Ridge Detached for sale : MLS®# A2228926
Photo 14: 456 Discovery Place SW in Calgary: Discovery Ridge Detached for sale : MLS®# A2228926
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2228926
Bedrooms:
6
Bathrooms:
5
Year Built:
2022
Welcome to your dream home nestled in the prestigious neighbourhood of Discovery Ridge, adjacent to the stunning Griffith Woods Park. This exquisite residence is a haven of luxury and sophistication, designed to impress even the most discerning buyer. As you step inside, you are welcomed by soaring 10' ceilings and beautiful engineered hardwood flooring that set the tone for elegance. The ambiance is enriched by pot lighting and chic light fixtures, creating a warm and inviting atmosphere throughout the home. The kitchen is a chef's delight, boasting an abundance of premium cabinetry and countertop space. Equipped with stainless steel appliance package and an oversized quartz island, it’s perfect for both entertaining and everyday cooking. Every detail has been considered, with luxury features such as large triple-pane windows, all-black fixtures, in-floor heating in the primary bedroom, a stylish tiled fireplace, under-cabinet lighting, built-in speakers,and two furnaces. On the second level, discover three generously sized bedrooms, a 4-piece bathroom, and a 3-piece ensuite. The luxurious primary retreat is a sanctuary of relaxation, featuring a custom-designed walk-in closet with convenient access to the laundry room. The lavish 5-piece ensuite is designed for indulgence, complete with a deep soaker tub and rain head showers that make leaving this oasis a challenge. The bonus room on the second level is perfect for family movie nights, offering a picturesque view of the open foyer below. The expansive basement is thoughtfully designed with two large bedrooms, a 4-piece bathroom, a games room, and a rec room, creating an ideal space for family gatherings or entertaining guests. The home features an oversized double car garage, ensuring ample space for your vehicles and storage. Zoning accommodates a legal suite, providing flexible living options. Conveniently located just 3 minutes from Stoney Trail and less than 10 minutes from Signal Hill Shopping Centre, this home offers easy access to a variety of amenities. Golf enthusiasts will appreciate the proximity to Elbow Springs and Pinebrook Golf & Country Clubs, making it a perfect location for leisure and recreation. Don’t miss this opportunity to own a one-of-a-kind property in Discovery Ridge. This exceptional home combines luxury, innovation, and a prime location, making it the perfect place to call home. Please note pictures are from past projects. Finishings of this home are similar but not exact.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Suite - Legal
Home Style:
2 Storey
Total Living Area:
3,343 sq. ft.
Main Level Finished Area:
1,402.5 sq. ft.
Below Grade Finished Area:
1,131.6 sq. ft.
Lot Area:
4,833 sq. ft.
Lot Frontage:
33'9⅛"
Front Exposure:
West
Levels:
Two
Total Rooms Above Grade:
8
Year built:
2022 (Age: 3)
Bedrooms:
6 (Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
2
Bathrooms:
5.0 (Full:4, Half:1)
Plan:
1810359
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Cement Fiber Board
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Vinyl Plank
Cooling:
Sep. HVAC Units
Fireplaces:
1
Fireplace Details:
Electric
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
Laundry Room
Discovery Ridge
Dishwasher, Electric Oven, Range Hood, Refrigerator, See Remarks
N/A
None Known
Floor
Type
Size
Other
Main Floor
Living Room
64'10" × 50'4"
Main Floor
Dining Room
53'4" × 27'11"
Main Floor
Office
33'1" × 29'6"
Upper Level
Bedroom - Primary
58' × 44'
Upper Level
Bedroom
39'1" × 35'10"
Upper Level
Bedroom
37'9" × 36'4"
Upper Level
Bonus Room
52'3" × 45'8"
Upper Level
Bedroom
39'4" × 35'10"
Upper Level
Laundry
50'10" × 23'
Lower Level
Bedroom
39'1" × 37'9"
Lower Level
Game Room
46'9" × 39'4"
Lower Level
Game Room
47'7" × 35'3"
Lower Level
Bedroom
42'8" × 31'2"
Lower Level
Dining Room
47'4" × 20'9"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
19'5" x 17'
Upper Level
Yes
4
16'2" x 29'
Upper Level
Yes
5
34'2" x 52'3"
Upper Level
No
4
0' x 0'
Lower Level
No
3
34'5" x 27'8"
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby
Interior Features:
See Remarks, Separate Entrance
Exterior Features:
None
Patio And Porch Features:
Deck
Lot Features:
Back Yard, No Neighbours Behind, Rectangular Lot, See Remarks
Num. of Parcels:
0
Fencing:
None
Region:
Calgary
Zone:
CAL Zone W
Zoning:
R-G
Listed Date:
Jun 07, 2025
  • Photo 1: 456 Discovery Place SW in Calgary: Discovery Ridge Detached for sale : MLS®# A2228926
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  • Photo 4: 456 Discovery Place SW in Calgary: Discovery Ridge Detached for sale : MLS®# A2228926
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  • Photo 14: 456 Discovery Place SW in Calgary: Discovery Ridge Detached for sale : MLS®# A2228926
    Photo 14 of 14
Listed by LPT Realty
Data was last updated August 11, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$1,098,000
Min list price:
$329,000
Max list price:
$2,288,000
Avg days on market:
35
Min days on market:
5
Max days on market:
165
Avg price per sq.ft.:
$443.4
These statistics are generated based on the current listing's property type and located in Discovery Ridge. 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.