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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2439 46 Street SE
Forest Lawn Calgary T2B 1L1

$509,900
Residential beds: 4 baths: 2.0 1,050 sq. ft. built: 1960

Main Photo: 2439 46 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2228707
Photo 1: 2439 46 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2228707
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Photo 19: 2439 46 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2228707
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2228707
Bedrooms:
4
Bathrooms:
2
Year Built:
1960
Calling all first-time home buyers, savvy investors, and visionary builders! Discover an extraordinary gem in the vibrant heart of Forest Lawn—a residence that redefines excellence in this rejuvenated community. This stunning 4-bedroom, 2-bathroom masterpiece boasts a fully permitted LEGAL suite, unlocking endless possibilities for comfortable living or lucrative income potential. Nestled on a serene street, this home is mere steps from a sprawling park and playground, with top-rated schools, trendy shops, and everyday conveniences just a short stroll away. Its striking curb appeal captivates from the moment you arrive, with sophisticated stucco, natural stone, and cedar shake accents, paired with energy-efficient PVC low-E windows that blend style and sustainability. Step inside to a radiant, open-concept interior that exudes modern elegance. Renovated with sleek flooring, contemporary paint, updated windows and doors, and bathrooms, every detail reflects meticulous craftsmanship. The fully renovated lower-level LEGAL suite mirrors the same impeccable standard, offering flexibility for guests, tenants, or extended family. The expansive west-facing backyard is your private oasis, basking in sunlight and featuring a chic concrete patio, an oversized double garage, and gated RV parking—perfect for entertaining or relaxing in style. This rare combination of premium upgrades, prime location, and versatile potential makes this home an absolute must-see. Don’t miss your chance to own this unparalleled treasure! Schedule your exclusive private tour today and step into a world of opportunity and refined living.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Suite - Legal
Home Style:
Bungalow
Total Living Area:
1,050 sq. ft.
Lot Area:
5,995 sq. ft.
Lot Frontage:
50'
Front Exposure:
East
Levels:
One
Total Rooms Above Grade:
7
Year built:
1960 (Age: 65)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
4920HN
Heating:
Central
Basement:
See Remarks, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Laminate, Vinyl
Cooling:
None
Fireplaces:
0
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
Lower Level, Main Level
Forest Lawn
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Living Room
14'5" × 14'5"
Main Floor
Kitchen With Eating Area
8'9" × 7'3"
Main Floor
Dining Room
11'10" × 10'9"
Main Floor
Foyer
4'6" × 3'
Main Floor
Bedroom - Primary
11'1" × 7'10"
Main Floor
Bedroom
10'11" × 9'10"
Main Floor
Bedroom
10' × 8'5"
Suite
Game Room
14' × 13'4"
Suite
Furnace/Utility Room
11'2" × 8'7"
Suite
Bedroom
11'1" × 10'7"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 8'5"
Suite
No
3
4'9" x 7'9"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
See Remarks
Exterior Features:
Other
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Back Yard
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone E
Zoning:
R-CG
Listed Date:
Jun 06, 2025
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Listed by Real Broker
Data was last updated August 6, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$527,500
Min list price:
$157,000
Max list price:
$714,999
Avg days on market:
43
Min days on market:
12
Max days on market:
676
Avg price per sq.ft.:
$491.59
These statistics are generated based on the current listing's property type and located in Forest Lawn. 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.