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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509 624 8 Avenue SE
Downtown East Village Calgary T2G 0M1

$214,900
Residential beds: 0 baths: 1.0 373 sq. ft. built: 2018

Main Photo: 509 624 8 Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2219062
Photo 1: 509 624 8 Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2219062
Photo 2: 509 624 8 Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2219062
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Photo 26: 509 624 8 Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2219062
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2219062
Bathrooms:
1
Year Built:
2018
Welcome to INK, an architecturally striking development by award-winning builder Battistella, perfectly situated in the heart of Calgary’s vibrant East Village. Known for its forward-thinking design and walkable urban lifestyle, East Village is one of Calgary’s most exciting and rapidly evolving communities—offering a dynamic mix of arts, culture, dining, and green spaces right outside your door. This stylish studio unit presents a rare opportunity in a short-term rental–friendly building, making it ideal for investors looking to generate income, first-time buyers seeking an affordable entry into the downtown market, or professionals who value flexibility and convenience. With immediate possession available, this home offers the ultimate in move-in-ready living. In Suite Washer/Dryer. Step inside and be greeted by soaring 9-foot ceilings, modern industrial finishes, and an abundance of natural light pouring in through expansive floor-to-ceiling windows. From this elevated vantage point, enjoy unobstructed views of the iconic Calgary Tower and surrounding skyline. The open-concept layout is anchored by sleek polished concrete floors that enhance the home’s contemporary, urban-loft vibe while providing durability and easy maintenance. The kitchen is thoughtfully designed for both form and function, featuring high-end stainless steel appliances, elegant quartz countertops, full-height upper cabinets, and a streamlined layout that maximizes space without sacrificing style. Whether you're preparing a quick breakfast or entertaining friends, this kitchen is up to the task. A spacious and well-appointed 4-piece bathroom adds to the home’s comfort and livability. Residents of INK benefit from a host of exceptional building amenities designed to elevate your lifestyle. Enjoy the breathtaking rooftop patio complete with a gas fireplace and panoramic city views—perfect for evening relaxation or social gatherings. Host friends in the vibrant 15th-floor games and social lounge, or take advantage of the secure bike storage garage, which includes a wash bay and air pump—ideal for active urban dwellers. With its unbeatable location just steps from iconic Calgary landmarks such as the Saddledome, Studio Bell (home of the National Music Centre), the stunning Central Library, and the scenic river pathway system, INK offers a truly walkable lifestyle. You're also surrounded by an ever-growing selection of local restaurants, cafés, breweries, shops, and the CTrain, making it easy to get around the city without a car. Whether you're investing in Calgary’s rental market, purchasing your first property, or looking for a low-maintenance downtown retreat, this modern, short-term rental–friendly studio offers incredible value, immediate availability, and a lifestyle that’s hard to match.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Apartment-Loft/Bachelor/Studio
Total Living Area:
373.09 sq. ft.
Condo Fee:
$261.35
Condo Fee Includes:
Common Area Maintenance, Gas, Heat, Insurance, Trash, Water
Front Exposure:
East
Unit Exposure:
East
Floor Location:
Top
Entry Level:
5
Stories Total:
15
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
3
Year built:
2018 (Age: 7)
Bedrooms:
0 (Above Grd: 0)
Bedrooms Above Grade:
0
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
1811769
Heating:
Central
New Constr.:
No
Construction Material:
Concrete
Structure Type:
High Rise (5+ stories)
Ensuite:
No
Flooring:
Concrete
Cooling:
Central Air
Fireplaces:
0
Garage:
No
Parking:
None
Parking Places:
0
Parking Total/Covered:
0 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
INK
Downtown East Village
Bicycle Storage, Party Room, Recreation Room, Trash
Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer
N/A
None Known
Restrictions
Floor
Type
Size
Other
Main Floor
Living Room
11'7" × 7'
Main Floor
Dining Room
12'10" × 8'2"
Main Floor
Kitchen
13'2" × 6'6"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Quartz Counters
Exterior Features:
Courtyard, Private Entrance
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
CC-EPR
Listed Date:
May 08, 2025
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Listed by Real Broker
Data was last updated August 6, 2025 at 06:05 AM (UTC)
Area Statistics
Listings on market:
59
Avg list price:
$360,000
Min list price:
$214,900
Max list price:
$1,250,000
Avg days on market:
53
Min days on market:
1
Max days on market:
165
Avg price per sq.ft.:
$522.61
These statistics are generated based on the current listing's property type and located in Downtown East Village. 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.