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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8 218 Village Terrace SW
Patterson Calgary T3H 2L4

$339,900
Residential beds: 2 baths: 2.0 1,047 sq. ft. built: 1988

Main Photo: 8 218 Village Terrace SW in Calgary: Patterson Apartment for sale : MLS®# A2253157
Photo 1: 8 218 Village Terrace SW in Calgary: Patterson Apartment for sale : MLS®# A2253157
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2253157
Bedrooms:
2
Bathrooms:
2
Year Built:
1988
Welcome to “The News” – a highly sought-after complex perched in the hills of Calgary’s vibrant west side. This beautifully maintained multi-level apartment offers a rare combination of space, function, and sweeping city views in one of the city’s most established communities of Patterson This unique 2-bedroom, 2-bathroom home features a bright and open floor plan with soaring ceilings and large windows that flood the space with natural light. The main level offers a spacious living and dining area anchored by a cozy wood burning fireplace, perfect for relaxing or entertaining. The well-appointed kitchen includes ample cabinetry, brand new stainless steel appliances, granite counters, and a private deck, just perfect more morning coffee! Upstairs you will find two bedrooms with downtown views, a 4 pc bathroom, and an open to below that has light natural light coming in at all times of the day. Beautifully updated with new flooring, cabinets and appliances, along side 2 underground parking stalls and a storage locker, this home is the total package. Residents of The News enjoy access to a fantastic array of amenities including an indoor pool, fitness centre, tennis court, and clubhouse. With easy views and access to downtown, nearby pathways, parks, shopping, and transit, this location offers both lifestyle and convenience. Don’t miss your opportunity to own in this established, well-managed complex. Book your private showing today and experience everything this exceptional home has to offer.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Apartment-Multi Level Unit
Total Living Area:
1,047.13 sq. ft.
Main Level Finished Area:
631.72 sq. ft.
Condo Fee:
$674.99
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Heat, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Acreage:
No
Front Exposure:
West
Unit Exposure:
East, West
Floor Location:
Ground
Entry Level:
1
Stories Total:
4
Levels:
Multi Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
1988 (Age: 37)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:1, Half:1)
Plan:
8910469
Heating:
Baseboard
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Clay Tile, Tar/Gravel
Ensuite:
No
Flooring:
Laminate
Cooling:
None
Fireplaces:
1
Fireplace Details:
Wood Burning
Garage:
No
Garage Spaces:
2
Parking:
Assigned, Heated Garage, Parkade, Underground
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
The News
Patterson
Fitness Center, Indoor Pool, Racquet Courts, Recreation Facilities, Spa/Hot Tub, Visitor Parking
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
N/A
Pet Restrictions or Board approval Required
Restrictions
Floor
Type
Size
Other
Main Floor
Dining Room
9'6" × 9'4"
Main Floor
Kitchen
9'8" × 9'5"
Main Floor
Living Room
19'3" × 12'9"
2nd Floor
Bedroom
11'11" × 9'1"
2nd Floor
Bedroom - Primary
11'8" × 9'9"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5'1" x 4'4"
2nd Floor
No
4
8'1" x 8'8"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Granite Counters, High Ceilings, Laminate Counters, No Smoking Home, Open Floorplan
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Lot Features:
Landscaped, Views
Num. of Parcels:
0
Fencing:
None
Region:
Calgary
Zone:
CAL Zone W
Zoning:
M-C1 d37
Listed Date:
Sep 02, 2025
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Listed by eXp Realty
Data was last updated October 1, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
27
Avg list price:
$429,900
Min list price:
$225,000
Max list price:
$2,448,000
Avg days on market:
43
Min days on market:
1
Max days on market:
131
Avg price per sq.ft.:
$347.81
These statistics are generated based on the current listing's property type and located in Patterson. 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.