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 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

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

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31 821 3 Avenue SW
Downtown Commercial Core Calgary T2P 0H1

$147,000
Residential beds: 2 baths: 1.0 737 sq. ft. built: 1979

Superbly located building close to the river, downtown, Prince's Island Park and Kensington area.
Photo 1: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
Photo 2: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
Photo 3: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
Photo 4: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
Photo 5: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
Photo 6: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
Photo 7: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
Photo 8: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
Photo 9: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
Photo 10: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
Photo 11: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
Photo 12: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
Photo 13: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
Photo 14: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
Photo 15: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2333426
Bedrooms:
2
Bathrooms:
1
Year Built:
1979
Imagine owning a downtown apartment for $147,000—now it’s possible. Welcome to this 2-bedroom corner unit situated a block away from the river in the sought-after Eau Claire community. Situated on the top floor, this bright corner suite offers a smart, efficient layout with no wasted space and generous storage throughout. Durable laminate flooring—easy to maintain and naturally hypoallergenic—extends seamlessly from the entryway through the entire home. The living room opens onto a sunny south-facing balcony, perfect for relaxing at the end of the day. The unit includes an assigned heated underground parking stall, with the option to rent additional storage. Enjoy an unbeatable location steps from the Bow River pathways, Prince’s Island Park, Kensington, and downtown office towers. The +15 downtown indoor network is a few blocks away. The complex is no longer age-restricted, and it’s pet-friendly (with board approval): up to two small dogs (max 25 lbs each) or one medium dog (max 40 lbs). Short-term stays, including bed and breakfasts, VRBO, AirBnBs, and similar short-term rentals, may be permitted with prior Board approval. This is an exceptional entry point for investors or first-time buyers looking to enjoy downtown living.
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:
737.33 sq. ft.
Condo Fee:
$732.18
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, Parking, Professional Management, Reserve Fund Contributions, Sewer, Trash, Water
Acreage:
No
Front Exposure:
North
Unit Exposure:
South
Floor Location:
Top
Entry Level:
4
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
4
Year built:
1979 (Age: 47)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms On Main:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Num Ensuite Baths:
0
Plan:
7910352
Heating:
Baseboard, Natural Gas
New Constr.:
No
Construction Material:
Wood Frame, Wood Siding
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Laminate, Tile
Cooling:
None
Fireplaces:
1
Fireplace Details:
Living Room, Wood Burning
Garage:
No
Garage Spaces:
1
Parking:
Assigned, Heated Garage, Parkade, Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Basement
Condo Fee Frequency:
Monthly
Southwest
Livingstone House
Downtown Commercial Core
Coin Laundry, Elevator(s)
Dishwasher, Electric Stove, Range Hood, Refrigerator
None
Pet Restrictions or Board approval Required, Short Term Rentals Allowed
Restrictions
Floor
Type
Size
Other
Main Floor
Living Room
17'9" × 11'7"
Main Floor
Kitchen
10'5" × 8'4"
Main Floor
Bedroom - Primary
13'7" × 10'
Main Floor
Bedroom
9'8" × 7'10"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
None
Interior Features:
Closet Organizers, No Smoking Home
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
DC (pre 1P2007)
Listed Date:
Jul 30, 2026
  • Photo 1: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
    Superbly located building close to the river, downtown, Prince's Island Park and Kensington area.
  • Photo 2: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
    Unit features a wood-burning fireplace.
  • Photo 3: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
    Living room opens to a large south-facing balcony.
  • Photo 4: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
    Durable laminate floor extends from the entryway through the entire apartment.
  • Photo 5: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
    The view from the living room towards the kitchen.
  • Photo 6: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
    This is the living room.
  • Photo 7: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
    The kitchen offers plenty of countertop and cupboards space.
  • Photo 8: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
    This is a full bathroom.
  • Photo 9: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
    The primary bedroom.
  • Photo 10: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
    Another look at the primary bedroom.
  • Photo 11: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
    The second bedroom.
  • Photo 12: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
    The second bedroom.
  • Photo 13: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
    The entrance to the unit is on the left.
  • Photo 14: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
    The large balcony is facing south-west.
  • Photo 15: 31 821 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2333426
    The assigned underground parking belongs to the unit.
Listed by RE/MAX Complete Realty
Data was last updated September 25, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
35
Avg list price:
$299,900
Min list price:
$147,000
Max list price:
$1,595,000
Avg days on market:
79
Min days on market:
1
Max days on market:
159
Avg price per sq.ft.:
$406.97
These statistics are generated based on the current listing's property type and located in Downtown Commercial Core. 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.