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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5420 Silverdale Drive NW
Silver Springs Calgary T3B 3M8

$780,000
Residential beds: 4 baths: 3.0 1,358 sq. ft. built: 1973

Main Photo: 5420 Silverdale Drive NW in Calgary: Silver Springs Detached for sale : MLS®# A2242312
Photo 1: 5420 Silverdale Drive NW in Calgary: Silver Springs Detached for sale : MLS®# A2242312
Photo 2: 5420 Silverdale Drive NW in Calgary: Silver Springs Detached for sale : MLS®# A2242312
Photo 3: 5420 Silverdale Drive NW in Calgary: Silver Springs Detached for sale : MLS®# A2242312
Photo 4: 5420 Silverdale Drive NW in Calgary: Silver Springs Detached for sale : MLS®# A2242312
Photo 5: 5420 Silverdale Drive NW in Calgary: Silver Springs Detached for sale : MLS®# A2242312
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Photo 50: 5420 Silverdale Drive NW in Calgary: Silver Springs Detached for sale : MLS®# A2242312
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2242312
Bedrooms:
4
Bathrooms:
3
Year Built:
1973
Welcome to this beautifully cared-for home in the heart of Silver Springs—with over 2200 sqft. of living space this is a property that has been thoughtfully updated over the years and exudes pride of ownership throughout. Step inside to find an inviting and functional layout featuring knockdown ceilings and a blend of updated flooring, including warm wood, durable Jura ceramic tile, and plush carpet upstairs. Triple-pane windows on the main floor help keep the home cool in the summer and cozy in the winter, while a **brand new furnace (2025)** and **newer power vented hot water tank (2020)** offer peace of mind for years to come. The heart of the home is the bright, open-concept kitchen with a clear view to the backyard—perfect for keeping an eye on the kids as they enjoy the playground just steps away. The **separate side entrance** provides flexibility and potential for a secondary seperate living space (subject to city approval). Other thoughtful upgrades include **professional electrical updates**, **new lighting fixtures** throughout that elevate the home’s ambiance. A **paved back alley** adds convenience and bonus space for parking or play. Location-wise, it doesn’t get better: you're walking distance to **three schools within the community**, with easy access to both junior high and high schools. Enjoy daily strolls through the **Silversprings Botanical Gardens**, explore **Bowmont Park’s** trails, or simply unwind in your peaceful backyard setting. Whether you’re starting out, growing your family, or downsizing to something manageable yet spacious, this is a home that fits all stages of life. **Don’t miss your chance—this one won’t last long!**
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,358.49 sq. ft.
Main Level Finished Area:
1,358.49 sq. ft.
Below Grade Finished Area:
939.53 sq. ft.
Lot Area:
6,157 sq. ft.
Lot Frontage:
56'⅛"
Front Exposure:
South
Floor Location:
Ground
Levels:
One
Total Rooms Above Grade:
6
Year built:
1973 (Age: 52)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
1449LK
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
None
Fireplaces:
1
Fireplace Details:
Family Room, Gas
Garage:
Yes
Garage Spaces:
1
Parking:
Single Garage Detached
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Silver Springs (Calgary)
Convection Oven, Dishwasher, Electric Range, Microwave Hood Fan, Refrigerator, Water Softener
Pathway Lighting, Bird Bath warmer, Backyard Shed, garage shelving, light fixtures, window coverings, Select furniture available for resale can be inquired separately.
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
11'5" × 9'
Main Floor
Bedroom
10'9" × 8'
Main Floor
Dining Room
12'1" × 11'9"
Main Floor
Kitchen
11'10" × 11'9"
Main Floor
Living Room
19'5" × 16'
Main Floor
Bedroom - Primary
12'6" × 11'7"
Basement
Bedroom
14'10" × 11'1"
Basement
Game Room
19'10" × 12'11"
Basement
Game Room
31'11" × 12'5"
Basement
Storage
7'8" × 7'2"
Basement
Storage
10'11" × 9'4"
Basement
Furnace/Utility Room
10'11" × 10'10"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
3
7'8" x 4'7"
Main Floor
No
4
7'1" x 6'7"
Basement
No
3
6'7" x 6'7"
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:
Ceiling Fan(s), Closet Organizers, Granite Counters, Kitchen Island, No Animal Home, No Smoking Home, Recessed Lighting, Storage, Track Lighting
Exterior Features:
BBQ gas line, Garden, Lighting, Playground
Patio And Porch Features:
Rear Porch
Lot Features:
Back Lane, Back Yard, Fruit Trees/Shrub(s), Garden, Landscaped, Lawn, Many Trees, Rectangular Lot, Secluded, Underground Sprinklers
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
R-CG
Listed Date:
Jul 29, 2025
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Virtual Tour

Virtual Tour

Listed by Royal LePage Benchmark
Data was last updated August 4, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$709,900
Min list price:
$400,000
Max list price:
$889,900
Avg days on market:
22
Min days on market:
3
Max days on market:
116
Avg price per sq.ft.:
$552.55
These statistics are generated based on the current listing's property type and located in Silver Springs. 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.