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.

Forgot password Extend Verify Contact

42 2511 38 Street NE
Rundle Calgary T1Y 4M7

$245,000
Residential beds: 2 baths: 1.0 807 sq. ft. built: 1978

Main Photo: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 1: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 2: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 3: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 4: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 5: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 6: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 7: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 8: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 9: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 10: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 11: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 12: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 13: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 14: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 15: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 16: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 17: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 18: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 19: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 20: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 21: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 22: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 23: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 24: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 25: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Photo 26: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2227256
Bedrooms:
2
Bathrooms:
1
Year Built:
1978
Welcome to the most affordable 2-bedroom townhouse. Whether you're a first-time buyer looking to break into homeownership or an investor searching for a smart addition to your portfolio, this bungalow-style unit is full of potential. Inside, you’ll find a functional layout featuring modern white kitchen cabinets, a spacious open-concept living and dining area with a wood-burning fireplace, and a generously sized primary bedroom. The fenced-in private yard offers a great space for relaxing and barbequing. This location can’t be beat, walking distance to groceries, shopping malls, restaurants, PLC Hospital, gyms, movie theatres, schools, the train station, and more. With quick access to Trans Canada Highway (16th Ave), Deerfoot Trail, Stoney Trail, and less than 15 minutes to downtown, you're well-connected to every corner of the city. A perfect opportunity to build equity or create a desirable rental property. Book your private showing today!
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Townhouse-Stacked
Total Living Area:
806.81 sq. ft.
Condo Fee:
$273.42
Condo Fee Includes:
Insurance, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Front Exposure:
South
Entry Level:
1
Levels:
One
End Unit:
1 Common Wall
Total Rooms Above Grade:
5
Year built:
1978 (Age: 47)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
7911116
Heating:
Forced Air, Natural Gas
Basement:
None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Wood Frame
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Laminate, Linoleum
Cooling:
None
Fireplaces:
1
Fireplace Details:
Living Room, Wood Burning
Garage:
No
Parking:
Off Street, Stall
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Rundlemere Green
Rundle
Parking
Dryer, Oven, Range Hood, Refrigerator, Stove(s), Washer, Window Coverings
N/A
Board Approval
Restrictions
Floor
Type
Size
Other
Main Floor
Kitchen
9'10" × 7'5"
Main Floor
Living Room
11'3" × 10'11"
Main Floor
Dining Room
12'3" × 8'5"
Main Floor
Bedroom - Primary
16'2" × 10'6"
Main Floor
Bedroom
11'2" × 8'6"
Main Floor
Furnace/Utility Room
9'4" × 5'
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 7'6"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Tennis Court(s), Walking/Bike Paths
Interior Features:
Separate Entrance, Storage
Exterior Features:
Private Entrance, Private Yard
Patio And Porch Features:
None
Lot Features:
Back Yard
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NE
Zoning:
M-C1 d100
Listed Date:
Jun 05, 2025
  • Photo 1: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 1 of 26
  • Photo 2: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 2 of 26
  • Photo 3: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 3 of 26
  • Photo 4: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 4 of 26
  • Photo 5: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 5 of 26
  • Photo 6: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 6 of 26
  • Photo 7: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 7 of 26
  • Photo 8: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 8 of 26
  • Photo 9: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 9 of 26
  • Photo 10: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 10 of 26
  • Photo 11: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 11 of 26
  • Photo 12: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 12 of 26
  • Photo 13: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 13 of 26
  • Photo 14: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 14 of 26
  • Photo 15: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 15 of 26
  • Photo 16: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 16 of 26
  • Photo 17: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 17 of 26
  • Photo 18: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 18 of 26
  • Photo 19: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 19 of 26
  • Photo 20: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 20 of 26
  • Photo 21: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 21 of 26
  • Photo 22: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 22 of 26
  • Photo 23: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 23 of 26
  • Photo 24: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 24 of 26
  • Photo 25: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 25 of 26
  • Photo 26: 42 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2227256
    Photo 26 of 26
Listed by Real Broker
Data was last updated August 3, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$559,900
Min list price:
$245,000
Max list price:
$725,000
Avg days on market:
10
Min days on market:
2
Max days on market:
71
Avg price per sq.ft.:
$474.73
These statistics are generated based on the current listing's property type and located in Rundle. 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.