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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1010 39 Avenue SW
Elbow Park Calgary T2T 2K5

$2,990,000
Residential beds: 5 baths: 6.0 4,347 sq. ft. built: 2004

Main Photo: 1010 39 Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2250559
Photo 1: 1010 39 Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2250559
Photo 2: 1010 39 Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2250559
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Photo 43: 1010 39 Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2250559
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2250559
Bedrooms:
5
Bathrooms:
6
Year Built:
2004
This gorgeous custom home is located in the heart of Elbow Park sitting on a 75 x 125 lot close to schools, restaurants, tennis courts, parks, The Glencoe Club and walking/riding pathways. This home boasts over 6000 square feet of developed living space including 5 bedrooms, (4 BEDROOMS UP)4 full bathrooms, 2 half baths and a three car ATTACHED GARAGE with green roof. As you enter this magnificent home through the stunning glass doors, you're welcomed by a large open foyer with in floor heating. This level is also home to a games/tv room, laundry room, as well as a large bedroom with ensuite perfect for guests. There is a bonus room which may be used as a home office or gym. The main floor has 14 foot ceilings and is ideal for entertaining with the Chef's kitchen placed at the heart of the home. The kitchen has ample storage, high end professional appliances and an informal dining area. To the right of the kitchen is where you step down into the great room where there is a gas fireplace, built ins as well as access to the front and back yards and spectacular floor to ceiling windows. To the left of the kitchen, you will find the large formal dining room with a two sided fireplace which is shared with a bonus room/library. The powder room is conveniently tucked away near the rear doors which allow access to the private, treed back yard. Upstairs host four very large bedrooms. The primary bedroom has a huge walk-in closet, large seating area, access to your own private deck and an ensuite with STEAM SHOWER, BIDET and IN_FLOOR HEATING. Two of the three other bedrooms share a good sized Jack and Jill and the third has an ensuite also with in floor heat. The second laundry room is conveniently located on this level. The focus point of this home is the dramatic steel staircase wrapped in hardwood spanning all levels as well as the MASSIVE PRIVATE BACKYARD. This home is luxury and elegance through and through. Brand new HVAC system and Central Air conditioning added May 2025.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
2 Storey
Total Living Area:
4,346.75 sq. ft.
Main Level Finished Area:
2,202.6 sq. ft.
Below Grade Finished Area:
1,896.79 sq. ft.
Acreage:
No
Lot Area:
9,364 sq. ft.
Lot Frontage:
242'9½"
Front Exposure:
South
Levels:
Two
Total Rooms Above Grade:
10
Year built:
2004 (Age: 21)
Bedrooms:
5 (Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
1
Bathrooms:
6.0 (Full:4, Half:2)
Plan:
5584R
Heating:
Fireplace(s), Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
House
Roof:
Flat
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile
Cooling:
Central Air
Fireplaces:
2
Fireplace Details:
Gas
Garage:
Yes
Garage Spaces:
3
Parking:
Triple Garage Attached
Parking Places:
3
Parking Total/Covered:
3 / -
Laundry Features:
Multiple Locations
Elbow Park
Built-In Oven, Dishwasher, Dryer, Garage Control(s), Garburator, Gas Cooktop, Microwave, Refrigerator, Washer, Window Coverings
N/A
None Known
Floor
Type
Size
Other
Main Floor
Great Room
20'7" × 14'5"
Main Floor
Exercise Room
19'1" × 13'10"
Main Floor
Breakfast Nook
9'11" × 8'4"
Main Floor
Dining Room
22'10" × 18'2"
Main Floor
Family Room
31'2" × 22'5"
Main Floor
Kitchen
19'11" × 9'8"
Main Floor
Living Room
22'6" × 14'8"
Upper Level
Bedroom
18'10" × 16'2"
Upper Level
Bedroom
17'6" × 12'9"
Upper Level
Bedroom
16'11" × 16'
Upper Level
Bedroom - Primary
31'2" × 13'9"
Upper Level
Walk-In Closet
11'8" × 9'4"
Upper Level
Walk-In Closet
8'8" × 6'5"
Lower Level
Bedroom
13'10" × 11'9"
Lower Level
Foyer
20'9" × 9'1"
Lower Level
Laundry
8'6" × 7'2"
Lower Level
Game Room
22'1" × 18'3"
Lower Level
Storage
18'9" × 7'7"
Lower Level
Furnace/Utility Room
11'9" × 6'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5'4" x 7'6"
Upper Level
No
4
8'7" x 8'4"
Upper Level
Yes
4
8'9" x 10'2"
Upper Level
Yes
6
17'7" x 14'1"
Lower Level
No
2
6'1" x 5'
Lower Level
Yes
4
9'9" x 5'1"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Interior Features:
Bidet, Built-in Features, Ceiling Fan(s), Closet Organizers, Double Vanity, High Ceilings, Kitchen Island, Low Flow Plumbing Fixtures, No Smoking Home, Open Floorplan, Pantry, Soaking Tub, Stone Counters, Storage, Walk-In Closet(s)
Exterior Features:
Balcony, Private Yard
Patio And Porch Features:
Balcony(s), Patio
Lot Features:
Back Yard, Landscaped, Many Trees, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
Aug 21, 2025
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    Lower Powder
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    Lower Laundry
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    Lower Bedroom
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    Lower Ensuite
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    Main Powder
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    Upper Laundry
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    Primary Bedroom
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    Primary Ensuite
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    Jack and Jill Bathroom
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    Bedroom Ensuite
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Listed by Century 21 Bravo Realty
Data was last updated September 29, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$2,699,999
Min list price:
$879,000
Max list price:
$6,999,000
Avg days on market:
62
Min days on market:
17
Max days on market:
332
Avg price per sq.ft.:
$757.95
These statistics are generated based on the current listing's property type and located in Elbow Park. 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.