Calgary Condos for Sale Under $500,000 | Affordable & Modern Options 
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 condos: These 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
FIND YOUR PERFECT HOME: CALGARY HOMES FOR SALE
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:
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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.
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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.
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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.
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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.
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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.
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Condo size and layout: Look for a condo that fits your needs in terms of space, layout, and functionality.
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Financing: Work with a mortgage broker to understand your financing options and to get the best possible interest rate.
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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:
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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.
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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
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Email address: an email address ( Diane@Mypadcalgary.com )can allow you to reach out to me with any questions or to request more information.
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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.
382 8948 Elbow Drive SW
Calgary
T2V 0H9
$224,900
Residential
beds: 1
baths: 1.0
706 sq. ft.
built: 1974
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2251012
- Bedrooms:
- 1
- Bathrooms:
- 1
- Year Built:
- 1974
- Photos (29)
- Schedule / Email
- Send listing
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Schedule a viewing:
- Property Type:
- Residential
- Property Sub Type:
- Apartment
- Condo Type:
- Conventional Condo
- Transaction Type:
- For Sale
- Suite:
- No
- Home Style:
- Apartment-Single Level Unit
- Total Living Area:
- 706 sq. ft.
- Main Level Finished Area:
- 706 sq. ft.
- Condo Fee:
- $472.79
- Condo Fee Includes:
- Amenities of HOA/Condo, Caretaker, Common Area Maintenance, Gas, Heat, Insurance, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
- Front Exposure:
- West
- Unit Exposure:
- West
- Floor Location:
- Other
- Entry Level:
- 3
- Stories Total:
- 4
- Levels:
- Single Level Unit
- End Unit:
- 2+ Common Walls
- Total Rooms Above Grade:
- 4
- Year built:
- 1974 (Age: 51)
- Bedrooms:
- 1 (Above Grd: 1)
- Bedrooms Above Grade:
- 1
- Bedrooms Below Grade:
- 0
- Bathrooms:
- 1.0 (Full:1, Half:0)
- Plan:
- 7410943
- Heating:
- Baseboard, Natural Gas
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Brick, Wood Frame, Wood Siding
- Structure Type:
- Low Rise (2-4 stories)
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Laminate, Linoleum, Vinyl Plank
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- No
- Parking:
- Stall
- Parking Places:
- 1
- Parking Total/Covered:
- 1 / -
- Laundry Features:
- Upper Level
- Condo Fee Frequency:
- Monthly
- Hays Farm
- Haysboro
- Coin Laundry, Elevator(s), Outdoor Pool, Park, Parking, Party Room, Picnic Area, Recreation Facilities, Recreation Room, Storage, Trash, Visitor Parking
- Electric Stove, Range Hood, Refrigerator
- None
- Pet Restrictions or Board approval Required
- Restrictions, Cats OK
- Floor
- Type
- Size
- Other
- Main Floor
- Living Room
- 18'2" × 13'5"
- Main Floor
- Dining Room
- 9' × 8'5"
- Main Floor
- Kitchen
- 8' × 7'7"
- Main Floor
- Bedroom - Primary
- 12'9" × 12'3"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 4'11" x 7'8"
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Tennis Court(s)
- Interior Features:
- Ceiling Fan(s)
- Exterior Features:
- Balcony
- Patio And Porch Features:
- Balcony(s)
- Num. of Parcels:
- 0
- Region:
- Calgary
- Zone:
- CAL Zone S
- Zoning:
- M-C1
- Listed Date:
- Sep 04, 2025
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- Listings on market:
- 49
- Avg list price:
- $295,900
- Min list price:
- $205,000
- Max list price:
- $829,999
- Avg days on market:
- 24
- Min days on market:
- 2
- Max days on market:
- 108
- Avg price per sq.ft.:
- $386
- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
