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.

Penbrooke MeadowsEastCalgary

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  • 401 1727 54 Street SE in Calgary: Penbrooke Meadows Apartment for sale : MLS®# A2256887

    401 1727 54 Street SE Penbrooke Meadows Calgary T2A 1B7
    Main Photo: 401 1727 54 Street SE in Calgary: Penbrooke Meadows Apartment for sale : MLS®# A2256887
    $220,000
    Residential
    Status:
    Active
    MLS® Num:
    A2256887
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    622 sq. ft.
    Discover the perfect blend of comfort and convenience in this bright and spacious one-bedroom condo at Bella Casa. Situated on the top floor, this corner unit offers an open layout with 9 ft. ceilings and plenty of natural light. The kitchen features ample cabinetry and a raised breakfast bar, opening into a cozy living room complete with an electric fireplace. Step outside onto your private balcony to enjoy breathtaking views of downtown Calgary and the mountains. The generous primary bedroom includes a walk-through “His & Hers” closet leading to a 4-piece bathroom. This home also comes with titled underground parking, plus visitor and handicapped parking for your guests. Bella Casa residents enjoy access to a central courtyard with a gazebo and BBQ area, perfect for relaxing or entertaining. The building is pet-friendly (with board approval) and ideally located close to shops, restaurants, and transit, with quick access to downtown Calgary. Condo fees conveniently cover all utilities except electricity. Available for immediate possession – don’t miss this opportunity to make Bella Casa your new home. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 111 5404 10 Avenue SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2245720

    111 5404 10 Avenue SE Penbrooke Meadows Calgary T2A 5G4
    Main Photo: 111 5404 10 Avenue SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2245720
    $254,900
    Residential
    Status:
    Active
    MLS® Num:
    A2245720
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    990 sq. ft.
    Welcome to this beautifully updated and move-in-ready townhome offering nearly 1,000 sq.ft. of stylish living space in a highly sought-after location. Whether you're a first-time homebuyer or savvy investor, this is an opportunity you won’t want to miss! Step inside your private entry to a spacious and bright living room with brand new LVP flooring throughout the main level, highlighted by a cozy wood-burning fireplace—the perfect spot to relax or entertain. The adjacent dining area and renovated kitchen feature brand-new cabinets, countertops and appliances, including a refrigerator and stove, making this space both functional and inviting. This thoughtfully designed home offers plenty of storage and convenience, with in-suite laundry and an abundance of closet space throughout. The main floor layout ensures ease of living with modern upgrades and a smart flow. Upstairs, you'll find two generous bedrooms plus a versatile den/home office that could easily serve as a third bedroom. A fully renovated 4-piece bathroom adds to the home's appeal and comfort. Enjoy the outdoors with your oversized private patio, complete with new fencing, a gate, and a separate storage shed—ideal for bikes, tools, or seasonal items. This unit also comes with one assigned parking stall and is tucked into a quiet and private corner of the complex for added peace and comfort. All the major work has been done—just move in and enjoy! Unbeatable value, unmatched location—book your private showing today! More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 21 5425 Pensacola Crescent SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2244651

    21 5425 Pensacola Crescent SE Penbrooke Meadows Calgary T2A 2G7
    Main Photo: 21 5425 Pensacola Crescent SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2244651
    $258,000
    Residential
    Status:
    Active
    MLS® Num:
    A2244651
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    1,001 sq. ft.
    Outstanding opportunity for first-time buyers, families or investors! Discover this beautifully maintained corner townhome offering exceptional value in a prime location. This bright and inviting home features a thoughtfully designed main level with a functional layout that includes a spacious kitchen, dining area and comfortable living room. Upstairs, you will find two generously sized bedrooms and a full four-piece bathroom. The partially finished basement provides added flexibility and includes a dedicated laundry area. Step outside to your own private, fenced and fully landscaped yard which is a special feature ideal for relaxing, entertaining and enjoying outdoor activities. The yard is one of the largest in the complex. One assigned parking stall is included with a dedicated plug. The complex is professionally managed for peace of mind. Recent extensive exterior upgrades throughout the complex include new windows, vinyl siding, doors, shingles, gutters, fencing, concrete porches, and refreshed landscaping which offer long-term value and curb appeal. Conveniently located near schools, parks, restaurants, grocery stores, shopping centers, aquatic and leisure facilities. With easy access to public transit, downtown, Deerfoot Trail, and Stoney Trail, this is a premium location. This seller occupied home is available for quick possession. Don’t miss out - schedule your private showing today! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 221 5404 10 Avenue SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2256324

    221 5404 10 Avenue SE Penbrooke Meadows Calgary T2A 5G4
    Main Photo: 221 5404 10 Avenue SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2256324
    $269,900
    Residential
    Status:
    Active
    MLS® Num:
    A2256324
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    928 sq. ft.
    Welcome to this well maintained two storey townhouse condominium in a quiet, family friendly area of Penbrooke in South east Calgary. Professionally managed, maintained and offering low condo fees, this home is perfect for families, first time buyers or investors. Enter the home through your private fenced patio, creating a welcoming outdoor space ideal for relaxing or entertaining. The main floor offers a bright, functional layout with comfortable living and kitchen area. The Large west facing window is perfect for enjoying the evening sun or watching kids play outside. Upstairs you will find 2 spacious bedrooms plus a versatile den, ideal for a home office or craft room. The property has seen many upgrades, including flooring, a new furnace (2023) and dishwasher (2023) and brand new shingles. Enjoy a smoke free, pet free environment ensuring a clean and well cared for home. Located close to schools, shopping and amenities this townhouse offers both convenience and community. Don't miss your chance to own this affordable updated townhouse in a fantastic south east Calgary location,. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 1201 53B Street SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2257682

    1201 53B Street SE Penbrooke Meadows Calgary T2A 1W1
    Main Photo: 1201 53B Street SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2257682
    $285,000
    Residential
    Status:
    Active
    MLS® Num:
    A2257682
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    486 sq. ft.
    Affordable Bi-Level Gem in Penbrooke Meadows – No Condo Fees! Welcome to 1201 53B Street SE, Calgary AB, a charming bi-level home nestled on a sunny corner lot in the heart of Penbrooke Meadows. This property offers exceptional value with no condo fees, making it perfect for first-time buyers, families, or savvy investors.Step into a bright and inviting living room featuring a large window that fills the space with natural light. The main floor boasts recently updated laminate flooring, a spacious dining area that flows seamlessly onto a generous deck—ideal for summer BBQs and entertaining. With 3 bedrooms and 1.5 baths, this home offers comfort and flexibility. The lower level includes two good bedrooms, a modern 4-piece bathroom, and convenient basement laundry. Enjoy ample parking with space for two vehicles right out front, and take advantage of the unbeatable location—close to schools, shopping, hospitals, restaurants, and LRT/transit access. Don’t miss your chance to own this fabulous home in a well-established community. Book your showing today! More details
    Listed by Real Estate Professionals Inc.
    DIANE RICHARDSON
  • 43 5425 Pensacola Crescent SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2227926

    43 5425 Pensacola Crescent SE Penbrooke Meadows Calgary T2A 2G7
    Main Photo: 43 5425 Pensacola Crescent SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2227926
    $325,000
    Residential
    Status:
    Active
    MLS® Num:
    A2227926
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,146 sq. ft.
    This beautifully maintained and updated end-unit townhouse in Penbrooke Meadows is ideally located on the edge of the complex right next to Penbrooke School Park, with ample street parking right outside the front door on Pensdale Road, offering the perfect blend of comfort and convenience. Featuring 3 bedrooms, 1.5 bathrooms, and an upgraded kitchen boasting stainless steel appliances, modern cabinetry and plenty of counter space. The spacious master bedroom includes a walk-in closet with a sunny south view of the yard and grass field. The private fenced backyard with mature Lilacs and other perennials next to acres of green space provides for outdoor relaxation and sports with the kids, gardening or entertaining. Recently upgraded with a new high efficiency furnace and humidifier as well as central air-conditioning ensuring year-round comfort and efficiency. Located near schools, shopping, dining, and major transit routes, this home combines outdoor serenity with urban convenience. Don't miss out on your opportunity to call it home! More details
    Listed by MaxWell Capital Realty
    DIANE RICHARDSON
  • 3 100 Pennsylvania Road SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2249909

    3 100 Pennsylvania Road SE Penbrooke Meadows Calgary T2A 4Y8
    Main Photo: 3 100 Pennsylvania Road SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2249909
    $329,000
    Residential
    Status:
    Active
    MLS® Num:
    A2249909
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,124 sq. ft.
    Welcome to Penworth Court! This bright and spacious 3-bedroom, 1.5-bathroom townhouse offers over 1,100 sq. ft. of comfortable living space in a convenient location. Just minutes from Memorial Drive, Stoney Trail, schools, shopping, and parks, and only 9 km to downtown Calgary, this home is perfect for first-time buyers, young families, or investors. The main floor features a functional layout with a spacious living room, updated kitchen, dining area, and a half bath. Upstairs, you’ll find three generous bedrooms and a full bathroom, ideal for family living. The lower level offers plenty of potential for storage, a home gym, or a 4th bedroom for extra living. With an excellent location close to transit, amenities, and major routes, this townhouse is a fantastic opportunity in an established community. Book your showing today! More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 55 Penworth Close SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2239575

    55 Penworth Close SE Penbrooke Meadows Calgary T2A 5N4
    Main Photo: 55 Penworth Close SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2239575
    $330,000
    Residential
    Status:
    Active
    MLS® Num:
    A2239575
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,098 sq. ft.
    Welcome to this amazing four-bedroom, 2.5-bathroom home that presents fantastic potential for both investors and first-time homebuyers! This property is a true gem, showcasing a fully finished basement that offers additional living space ideal for entertaining or enjoying time with family. For first-time buyers, this residence represents an excellent opportunity to enter the real estate market without the hassle of condo fees. Conveniently located near schools, shopping, public transit, and various amenities, this property is perfect for anyone looking for a vibrant community setting. Whether you love hosting family gatherings in the spacious living areas or taking advantage of the nearby facilities, everything you need is right here. Don’t let this incredible opportunity pass you by! More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 224 Pensville Close SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2256712

    224 Pensville Close SE Penbrooke Meadows Calgary T2J 6K8
    Main Photo: 224 Pensville Close SE in Calgary: Penbrooke Meadows Row/Townhouse for sale : MLS®# A2256712
    $369,900
    Residential
    Status:
    Active
    MLS® Num:
    A2256712
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    795 sq. ft.
    Welcome to this beautifully updated bi-level townhome, perfectly situated on a quiet street in the community of Penbrooke Meadows. Freshly painted and featuring brand-new vinyl flooring throughout, this spacious bi-level residence offers 5 bedrooms, 2 full bathrooms, and a functional layout ideal for families of all sizes. Step into a bright and inviting main floor, where large windows fill the generous living room with natural light. The stylish, modern kitchen is equipped with brand-new white cabinetry, sleek quartz countertops, stainless steel appliances, and plenty of storage, perfect for any home chef. A spacious dining area adjacent to the kitchen provides a warm setting for everyday meals or entertaining guests. Two well-appointed bedrooms and a contemporary 4-piece bathroom complete the main level. Downstairs, the fully finished basement offers a versatile family or recreation room, along with three additional bedrooms and a 3-piece bathroom, ideal for guests, older children, or a home office setup. Outside, enjoy the benefits of a private, low-maintenance backyard and a designated parking pad for added convenience. Located close to schools, parks, playgrounds, shopping, dining, and public transit, this home combines comfort, functionality, and accessibility - making it a fantastic opportunity for growing families or savvy investors. Don’t miss out - book your private showing today! More details
    Listed by 2% Realty
    DIANE RICHARDSON
  • 5522 8 Avenue SE in Calgary: Penbrooke Meadows Semi Detached (Half Duplex) for sale : MLS®# A2252445

    5522 8 Avenue SE Penbrooke Meadows Calgary T2A 3P7
    Main Photo: 5522 8 Avenue SE in Calgary: Penbrooke Meadows Semi Detached (Half Duplex) for sale : MLS®# A2252445
    $370,000
    Residential
    Status:
    Active
    MLS® Num:
    A2252445
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    979 sq. ft.
    Disclosure: this is a civil enforcement listing, measurements and most of the information for this listing have been taken from a previous listing. Once we receive an offer, the lawyer will request a judge to book a court date at which time all offers will be presented and may grant access to the property for a viewing/ home inspection provided that is a condition. Home being 'sold as is, where is'. More details
    Listed by Royal LePage Benchmark
    DIANE RICHARDSON
  • 928 Pensdale Crescent SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2247183

    928 Pensdale Crescent SE Penbrooke Meadows Calgary T2A 2G1
    Main Photo: 928 Pensdale Crescent SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2247183
    $399,999
    Residential
    Status:
    Active
    MLS® Num:
    A2247183
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,047 sq. ft.
    Nestled on a quiet, family-friendly street in the heart of Penbrooke Meadows, this charming detached home offers the perfect blend of comfort, space, and convenience. Featuring 3 spacious bedrooms and 2 full bathrooms, it sits on a generous lot that provides ample room for outdoor activities, gardening, or future development potential. The property boasts a double detached garage, ideal for secure parking and extra storage. Enjoy easy access to nearby grocery stores, gas stations, parks, schools, church and public transit, making daily commutes and weekend outings a breeze. Whether you’re relaxing in your private backyard, hosting family gatherings, or exploring the community, this home offers an ideal lifestyle in a sought-after location. More details
    Listed by Royal LePage Solutions
    DIANE RICHARDSON
  • 6103 Penbrooke Drive SE in Calgary: Penbrooke Meadows Semi Detached (Half Duplex) for sale : MLS®# A2260487

    6103 Penbrooke Drive SE Penbrooke Meadows Calgary T2A 3P2
    Main Photo: 6103 Penbrooke Drive SE in Calgary: Penbrooke Meadows Semi Detached (Half Duplex) for sale : MLS®# A2260487
    $425,000
    Residential
    Status:
    Active
    MLS® Num:
    A2260487
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    980 sq. ft.
    Amazing opportunity to own a wonderful starter home conveniently located in Penbrooke. 3 bedrooms and full bath on main. Illegal 2 bedroom basement suite walks out to the street level. Shared laundry, amazing layout. Some updates include Roof (2025), Granite counters, Furnace (2020), Electrical panel upgraded (2021). Amazing bones, just needs a clean up. All levels of school within walking distance. Conveniently located 15 minutes to downtown Calgary. Easy access to Deerfoot Trail, 16th Avenue, Stoney Trail. Minutes to malls, grocery, tennis courts. Bus stop right in front of the home. Make this one yours with a little bit of elbow grease, it's cheaper than paying rent!! More details
    Listed by CIR Realty
    DIANE RICHARDSON
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Data was last updated September 28, 2025 at 08:05 PM (UTC)
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.