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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215 550 Prominence Rise SW
Patterson Calgary T3H 5J1

$225,000
Residential beds: 1 baths: 1.0 678 sq. ft. built: 2003

Main Photo: 215 550 Prominence Rise SW in Calgary: Patterson Apartment for sale : MLS®# A2257936
Photo 1: 215 550 Prominence Rise SW in Calgary: Patterson Apartment for sale : MLS®# A2257936
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2257936
Bedrooms:
1
Bathrooms:
1
Year Built:
2003
Don’t miss out on this top floor, 1-bedroom plus a Den. It is ideally located in a professionally managed, 55+ age-restricted complex. It offers both a comfortable and low-maintenance lifestyle. Perfect for those seeking a peaceful living environment It has a well designed layout with many features including a Kitchen with ample counter space and cabinets. The adjacent dining area is perfect for entertaining family and friends. The Living Room is a quiet retreat featuring lots of windows and a glass door to access the balcony extending the living space to the outdoors. The Bedroom includes a wall wardrobe closet, and the large full bathroom offers additional storage with two large moveable cabinets (included) and a generous linen closet. The Den is currently used for storage but offers flexibility and could easily be set up as a separate computer room or study. Cabinets in Den are included for extra storage. Convenient in the suite laundry (building also has a separate laundry room for Residents). You will be amazed with the many amenities and activities this complex offers! Stay active with the fitness room, relax in the library or TV room, or play a game of pool or shuffleboard in the games room. There’s also a dining room for social gatherings, hair salon, emergency calling device and a guest suite for visitors. This is a pet friendly complex with Board Approval (restrictions apply). There is an outdoor sitting area for residents to enjoy and lots of visitor parking. Condo Fee includes utilities (Heat, water & Electricity). Excellent location, close to community parks, walking paths, transit, shopping, restaurants and easy access to major roads through out the city. This is a great opportunity to add your personal touch and make this unit your own. A pleasure to show!
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:
677.62 sq. ft.
Main Level Finished Area:
677.62 sq. ft.
Condo Fee:
$544.60
Condo Fee Includes:
Common Area Maintenance, Electricity, Heat, Insurance, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Water
Front Exposure:
East
Unit Exposure:
North
Floor Location:
Top
Entry Level:
2
Stories Total:
2
Levels:
Single Level Unit
End Unit:
2+ Common Walls, No One Above
Total Rooms Above Grade:
6
Year built:
2003 (Age: 22)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
0311145
Heating:
Hot Water
New Constr.:
No
Construction Material:
Brick, Stucco, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Off Street
Parking Places:
0
Parking Total/Covered:
0 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Legacy Estates - Patterson Heights
Patterson
Elevator(s), Laundry, Recreation Room, Visitor Parking
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer, Window Coverings
Shelves in Den, 2 Cabinets in Den, & 2 Bathroom Cabinets
Adult Living
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Living Room
16'1" × 9'6"
Main Floor
Kitchen
9'1" × 7'5"
Main Floor
Dining Room
13'11" × 12'
Main Floor
Bedroom - Primary
10'9" × 9'3"
Main Floor
Den
9'6" × 8'2"
Main Floor
Foyer
4'11" × 4'8"
Main Floor
Laundry
2'11" × 2'9"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
6'4" x 12'7"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Shopping Nearby, Sidewalks, Walking/Bike Paths
Interior Features:
Elevator, Recreation Facilities
Exterior Features:
Balcony
Patio And Porch Features:
Deck
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone W
Zoning:
DC (pre 1P2007)
Listed Date:
Sep 17, 2025
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Listed by RE/MAX Complete Realty
Data was last updated September 30, 2025 at 10:05 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.