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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3611 11811 Lake Fraser Drive SE
Lake Bonavista Calgary T2J 7J4

$299,000
Residential beds: 2 baths: 1.0 745 sq. ft. built: 2008

Main Photo: 3611 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2241009
Photo 1: 3611 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2241009
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2241009
Bedrooms:
2
Bathrooms:
1
Year Built:
2008
Welcome to this beautifully appointed south-facing condo in the sought-after Gateway South Centre complex. This 2-bedroom, 1-bath unit offers a functional layout filled with natural light and modern finishes throughout. The kitchen features solid surface countertops, stainless steel appliances, and ample cabinetry perfect for both everyday living and entertaining. Step outside to a spacious balcony, ideal for enjoying your morning coffee or evening unwind. The unit also includes secure underground parking with storage for added convenience. Gateway South Centre is a concrete-built complex offering top-tier amenities including onsite management, a fully equipped fitness centre, two social rooms, a meeting room, and expansive landscaped grounds creating the perfect balance of comfort, lifestyle, and community. Whether you're a first-time buyer, investor, or looking to downsize without compromise, this unit offers incredible value in an unbeatable location.
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:
745.42 sq. ft.
Main Level Finished Area:
745.42 sq. ft.
Condo Fee:
$678.91
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Electricity, Gas, Heat, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Front Exposure:
East
Unit Exposure:
South
Floor Location:
Other
Entry Level:
3
Stories Total:
5
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
2008 (Age: 17)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
0614475
Heating:
Geothermal
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Concrete, Stucco
Structure Type:
High Rise (5+ stories)
Roof:
Flat
Ensuite:
No
Flooring:
Vinyl
Cooling:
Central Air
Fireplaces:
0
Garage:
No
Parking:
Secured, Titled, Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Gateway Southcentre
Lake Bonavista
Elevator(s), Fitness Center, Park, Parking, Recreation Room, Storage, Visitor Parking
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
None
Easement Registered On Title, Restrictive Covenant
Restrictions
Floor
Type
Size
Other
Main Floor
Bedroom
14'6" × 8'8"
Main Floor
Dining Room
13' × 5'2"
Main Floor
Kitchen
12'5" × 10'5"
Main Floor
Laundry
7'4" × 4'9"
Main Floor
Living Room
15'4" × 12'10"
Main Floor
Bedroom - Primary
15'6" × 10'4"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 8'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Breakfast Bar, Granite Counters, No Animal Home, No Smoking Home
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone S
Zoning:
M-H1 d247
Listed Date:
Jul 18, 2025
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    Storage cage in parking stall
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3D Tour

Listed by RE/MAX First
Data was last updated August 6, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$515,000
Min list price:
$259,900
Max list price:
$2,349,900
Avg days on market:
22
Min days on market:
5
Max days on market:
96
Avg price per sq.ft.:
$482.37
These statistics are generated based on the current listing's property type and located in Lake Bonavista. 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.