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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2106 4001B 49 Street NW
Varsity Calgary T3A 2C9

$149,900
Residential beds: 1 baths: 1.0 610 sq. ft. built: 1976

Main Photo: 2106 4001B 49 Street NW in Calgary: Varsity Apartment for sale : MLS®# A2276917
Photo 1: 2106 4001B 49 Street NW in Calgary: Varsity Apartment for sale : MLS®# A2276917
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2276917
Bedrooms:
1
Bathrooms:
1
Year Built:
1976
Welcome to Varsity Villas — a hidden gem in the heart of Calgary’s highly sought-after Varsity community. This charming complex offers a unique lifestyle that appeals to everyone from young professionals to retirees seeking a quiet, well-connected home. Perfectly located across from Market Mall, you’ll enjoy unmatched convenience with shopping, dining, and services just steps away. Outdoor enthusiasts will appreciate strolling through Varsity Village Park or Dale Hodges Park, biking along the Bow River pathways, or simply enjoying the mature tree-lined streets surrounding the property. Free street parking on 50 St NW and excellent transit options make getting around effortless, while quick access to major roads keeps commuting to downtown and the University of Calgary stress-free. Inside Varsity Villa, you’ll find thoughtful amenities including a secure entry system, well-maintained elevators, heated underground parking, and assigned covered stalls. This main-floor corner unit offers a spacious layout featuring: Private entry with a large storage room, 4-piece bathroom with in-suite laundry, Bright kitchen and oversized primary bedroom, Expansive living room with gas fireplace, Large windows and balcony that flood the space with natural light. A private patio overlooking green space — perfect for relaxing outdoors. As a corner unit, you’ll enjoy added privacy while still being only steps from both underground and unlimited street parking. Whether you’re looking for your first home or a smart investment, this property delivers comfort, convenience, and unbeatable value in one of Calgary’s most desirable neighborhoods. Make Varsity Villas your new home today and experience the perfect blend of nature, community, and city living. Call today.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
Apartment-Single Level Unit
Total Living Area:
610 sq. ft.
Condo Fee:
$614.66
Condo Fee Includes:
Common Area Maintenance, Heat, Professional Management, Reserve Fund Contributions, Snow Removal
Acreage:
No
Front Exposure:
North
Unit Exposure:
East
Floor Location:
Ground
Entry Level:
1
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
3
Year built:
1976 (Age: 50)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
7711582
Heating:
Baseboard
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
Low Rise (2-4 stories)
Ensuite:
No
Flooring:
Carpet, Linoleum
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas
Garage:
No
Parking:
Assigned, Stall
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Varsity Villas
Varsity
None
Dishwasher, Electric Stove, Range Hood, Refrigerator, Washer/Dryer, Window Coverings
N/A
Adult Living, Pets Not Allowed
No
Floor
Type
Size
Other
Main Floor
Living Room
13'8" × 12'11"
Main Floor
Kitchen
7'4" × 6'8"
Main Floor
Bedroom - Primary
10'7" × 10'
Main Floor
Storage
6'11" × 5'2"
Main Floor
Laundry
2'7" × 2'3"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5' x 7'3"
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Interior Features:
No Smoking Home
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
M-C2
Listed Date:
Jan 04, 2026
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Listed by RE/MAX House of Real Estate
Data was last updated January 21, 2026 at 04:05 PM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$480,000
Min list price:
$149,900
Max list price:
$2,399,900
Avg days on market:
75
Min days on market:
5
Max days on market:
270
Avg price per sq.ft.:
$381.14
These statistics are generated based on the current listing's property type and located in Varsity. 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.