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

Calgary Condos for Sale Under $500,000 | Affordable Urban Living

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407 823 Royal Avenue SW
Upper Mount Royal Calgary T2T 0L4

$292,000
Residential beds: 1 baths: 1.0 727 sq. ft. built: 1962

LR/KIT/DIN
Photo 1: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
Photo 2: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
Photo 3: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
Photo 4: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
Photo 5: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
Photo 6: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
Photo 7: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
Photo 8: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
Photo 9: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
Photo 10: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
Photo 11: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
Photo 12: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
Photo 13: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
Photo 14: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
Photo 15: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
Photo 16: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
Photo 17: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
Photo 18: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
Photo 19: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
Photo 20: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
Photo 21: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
Photo 22: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2237756
Bedrooms:
1
Bathrooms:
1
Year Built:
1962
PLEASE ENJOY VIDEO. OPEN HOUSES SAT & SUN JULY 26 & 27 . NOON-2 pm. Urban Elegance in Upper Mount Royal | Concrete Building | Downtown Views | Titled Covered Parking | Pets Welcome! ?Welcome to The Hardwood Estates on Royal Ave, where timeless sophistication meets modern convenience in one of Calgary’s most prestigious neighbourhoods. This bright and airy one-bedroom condo offers 724 square feet of stylish living space, nestled in the sought-after community of Upper Mount Royal—just steps from the vibrant energy of 17th Avenue, yet tucked away in a quiet, concrete-constructed building for true peace and privacy. Step inside to discover a freshly painted interior, brand-new, never-used Samsung stainless steel appliances, and newer luxury vinyl plank flooring throughout that enhances the light-filled, east-facing space. The open-concept layout features a spacious living room, a dedicated dining area, and a tastefully appointed kitchen with ample cupboard space—perfect for entertaining or relaxing at home. The generously sized primary bedroom offers ample closet space and tranquil comfort, while in-suite laundry, a private balcony with stunning downtown views, and a large designated storage locker add everyday convenience. Enjoy peace of mind with recent building upgrades, including newer windows and patio doors for enhanced energy efficiency. This condo also includes a TITLED, covered parking stall, secure bike storage, and access to a secluded, tree-lined courtyard—a rare retreat in the heart of the city. Additional highlights: PET-FRIENDLY building, TWO elevators. Condo fees include heat, water, and sewer. Plenty of free 2-hour street parking for guests in front and behind the building. Ideally located within walking distance to the trendy shops, restaurants, and cafes of 17th Ave and 4th Street, with easy access to downtown, public transit, and the Elbow River pathways, this home offers the perfect blend of luxury, location, and lifestyle. ?? Don’t miss this opportunity to own a beautifully updated home in a well-maintained building surrounded by heritage charm, mature trees, and upscale urban amenities. Immediate possession available. Schedule your private showing today and make Upper Mount Royal your new home!
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:
727.3 sq. ft.
Main Level Finished Area:
727.3 sq. ft.
Condo Fee:
$584.85
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Front Exposure:
North
Unit Exposure:
Southeast
Floor Location:
Ground
Entry Level:
4
Stories Total:
5
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
1962 (Age: 63)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
9812553
Heating:
Baseboard, Electric
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Concrete
Structure Type:
High Rise (5+ stories)
Roof:
Flat
Ensuite:
No
Flooring:
Tile, Vinyl Plank
Cooling:
None
Fireplaces:
0
Utilities:
Electricity Not Paid For, Heating Paid For, Water Paid For
Garage:
No
Garage Spaces:
1
Parking:
Attached Carport, Covered, Drive Through, Garage Faces Side, Plug-In, Titled
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Hardwood Estates
Upper Mount Royal
Elevator(s), Park, Picnic Area, Storage
Dishwasher, Electric Stove, Microwave, Refrigerator, Washer/Dryer Stacked, Window Coverings
N/A
Pet Restrictions or Board approval Required, Restrictive Covenant, Utility Right Of Way
Restrictions
Floor
Type
Size
Other
Main Floor
Kitchen
9'1" × 8'7"
Main Floor
Dining Room
8'8" × 8'6"
Main Floor
Living Room
16'5" × 14'7"
Main Floor
Foyer
7'2" × 4'11"
Main Floor
Laundry
3'6" × 2'8"
Main Floor
Balcony
13'6" × 4'6"
Main Floor
Bedroom - Primary
14' × 10'7"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 7'5"
Title to Land:
Fee Simple
Community Features:
Park, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Breakfast Bar, Laminate Counters, No Animal Home, No Smoking Home, Open Floorplan
Exterior Features:
Balcony, Courtyard, Garden, Storage
Patio And Porch Features:
Balcony(s)
Accessibility Features:
Accessible Common Area, Accessible Doors
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C2
Listed Date:
Jul 24, 2025
  • Photo 1: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
    LR/KIT/DIN
  • Photo 2: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
    Living
  • Photo 3: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
    LIving
  • Photo 4: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
    Foyer
  • Photo 5: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
    LIT/DR
  • Photo 6: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
    KIT
  • Photo 7: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
    KIT
  • Photo 8: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
    KIT
  • Photo 9: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
    KIT/DR
  • Photo 10: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
    KIT
  • Photo 11: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
    DR/KIT
  • Photo 12: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
    BATH
  • Photo 13: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
    PRIMARY
  • Photo 14: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
    PRIMARY
  • Photo 15: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
    LAUNDRY
  • Photo 16: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
    BAL
  • Photo 17: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
    BAL
  • Photo 18: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
    BAL VIEW
  • Photo 19: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
    LOBBY
  • Photo 20: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
    LOCKER
  • Photo 21: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
    PARK
  • Photo 22: 407 823 Royal Avenue SW in Calgary: Upper Mount Royal Apartment for sale : MLS®# A2237756
    FRONT

Virtual Tour

Listed by CIR Realty
Data was last updated July 28, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$2,975,000
Min list price:
$292,000
Max list price:
$6,950,000
Avg days on market:
47
Min days on market:
4
Max days on market:
136
Avg price per sq.ft.:
$945.42
These statistics are generated based on the current listing's property type and located in Upper Mount Royal. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON

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.

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.