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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706 108 3 Avenue SW
Chinatown Calgary T2P 0E7

$115,000
Residential beds: 1 baths: 1.0 358 sq. ft. built: 1977

Main Photo: 706 108 3 Avenue SW in Calgary: Chinatown Apartment for sale : MLS®# A2354132
Photo 1: 706 108 3 Avenue SW in Calgary: Chinatown Apartment for sale : MLS®# A2354132
Photo 2: 706 108 3 Avenue SW in Calgary: Chinatown Apartment for sale : MLS®# A2354132
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Photo 21: 706 108 3 Avenue SW in Calgary: Chinatown Apartment for sale : MLS®# A2354132
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2354132
Bedrooms:
1
Bathrooms:
1
Year Built:
1977
Perfect for First-Time Homebuyers or Investors!Condo fees include water, heat, and electricity. Why pay rent when you can own an affordable apartment or invest in a property with rental income potential? Located in a consistently competitive rental market, this studio unit is an excellent opportunity for both homeowners and investors. Situated on the 7th floor of 5 Harvest Plaza in the heart of Chinatown, this unit features laminate flooring, a combined living and sleeping area, and a patio door leading to the balcony. The functional kitchen offers a spacious adjacent storage room, while the unit also includes a full 4-piece bathroom. Enjoy the convenience of living in a vibrant, densely populated neighbourhood surrounded by restaurants, bars, and convenience stores. Even during Calgary’s cold winter months, you can easily access downtown offices and the city centre on foot via the +15 Skywalk system. Affordable, convenient, and full of potential — an excellent opportunity to own in a sought-after downtown location!
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:
358 sq. ft.
Main Level Finished Area:
358 sq. ft.
Condo Fee:
$428.00
Condo Fee Includes:
Electricity, Heat, Insurance, Interior Maintenance, Professional Management, Reserve Fund Contributions, Water
Front Exposure:
North
Unit Exposure:
North
Floor Location:
Ground
Entry Level:
1
Stories Total:
12
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
3
Year built:
1977 (Age: 49)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms On Main:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Num Ensuite Baths:
0
Plan:
9311533
Heating:
Forced Air
New Constr.:
No
Construction Material:
Concrete, See Remarks, Stucco
Structure Type:
High Rise (5+ stories)
Roof:
Clay Tile
Ensuite:
No
Flooring:
Ceramic Tile
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
None
Parking Places:
0
Parking Total/Covered:
0 / -
Condo Fee Frequency:
Monthly
Southwest
Z-name Not Listed
Chinatown
Elevator(s), Laundry
Electric Stove, Refrigerator
N/A
Board Approval
Restrictions
Floor
Type
Size
Other
Main Floor
Bedroom
15'9" × 10'3"
Main Floor
Kitchen
6'6" × 6'4"
Main Floor
Dining Room
6'10" × 6'6"
Main Floor
Storage
5'2" × 4'7"
Main Floor
Balcony
9'8" × 4'8"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 7'4"
Title to Land:
Fee Simple
Community Features:
Shopping Nearby, Walking/Bike Paths
Interior Features:
See Remarks
Exterior Features:
Playground
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
Direct Control (DC)
Listed Date:
Oct 22, 2026
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Listed by URBAN-REALTY.ca
Data was last updated October 24, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$329,000
Min list price:
$115,000
Max list price:
$2,580,000
Avg days on market:
66
Min days on market:
1
Max days on market:
426
Avg price per sq.ft.:
$553.94
These statistics are generated based on the current listing's property type and located in Chinatown. 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.