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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206 1505 27 Avenue SW
South Calgary Calgary T2T 1G5

$350,000
Residential beds: 1 baths: 2.0 988 sq. ft. built: 2001

Main Photo: 206 1505 27 Avenue SW in Calgary: South Calgary Apartment for sale : MLS®# A2232798
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2232798
Bedrooms:
1
Bathrooms:
2
Year Built:
2001
Welcome to Unit 206 at The Southside Lofts: a stunning 1-bedroom, 1.5-bathroom loft-style condo that perfectly blends industrial character with modern comfort, just steps from vibrant Marda Loop. Inside, you'll find soaring vaulted ceilings and wall-to-wall floor-to-ceiling windows that flood the open-concept layout with natural light. Durable slate tile flooring runs throughout the unit, complementing the warm tones and clean lines of the kitchen — which features ample cabinetry, generous counter space, and a large island that’s ideal for cooking, dining, or entertaining. The highlight of the living area? A custom-built, full-length bookshelf with a rolling ladder — a true statement piece that adds function, personality, and architectural charm to the space. Step outside to your oversized 3rd-floor deck, where you’ll enjoy unobstructed treetop views, plenty of space to relax, and thoughtful upgrades including a built-in awning for shade and a tinted privacy screen, perfect for keeping the space cool and comfortable all summer long. The main floor also offers a half bath, in-suite laundry, and great storage. Upstairs, the loft-style primary suite overlooks the living area with a beautiful glass railing and features a his & her closets and built-in cabinets and a sleek 3-piece ensuite. This unit includes TITLED HEATED underground parking and one of the largest adjacent storage lockers in the building for maximum convenience. The building is secure, well-managed, and includes elevator access. Located minutes from 17th Avenue, River Park, transit, and all the shops, cafés, and energy of Marda Loop — this is your chance to own a truly unique home in a prime inner-city location. Modern loft living with space, style, and views. Book a showing today!
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:
988.07 sq. ft.
Condo Fee:
$702.20
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Water
Front Exposure:
South
Unit Exposure:
South
Floor Location:
Ground
Entry Level:
1
Stories Total:
3
Levels:
Multi Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
4
Year built:
2001 (Age: 24)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:1, Half:1)
Plan:
0111647
Heating:
In Floor, Natural Gas
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Tile
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Z-name Not Listed
South Calgary
Elevator(s), Park, Parking, Playground
Dishwasher, Microwave, Microwave Hood Fan, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
N/A
None Known
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Living Room
16'2" × 15'
Main Floor
Kitchen With Eating Area
16' × 12'8"
Main Floor
Foyer
7'1" × 7'
Main Floor
Laundry
7' × 5'5"
Main Floor
Balcony
16'5" × 6'6"
Upper Level
Bedroom - Primary
16' × 14'
Floor
Ensuite
Pieces
Other
Main Floor
No
2
7'3" x 3'
Upper Level
Yes
3
5'2" x 6'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
High Ceilings, Kitchen Island, Open Floorplan, Stone Counters
Exterior Features:
Balcony
Patio And Porch Features:
Deck
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C1 d144
Listed Date:
Jun 19, 2025
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Listed by 2% Realty
Data was last updated July 24, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
40
Avg list price:
$572,450
Min list price:
$165,000
Max list price:
$3,250,000
Avg days on market:
36
Min days on market:
2
Max days on market:
190
Avg price per sq.ft.:
$448.83
These statistics are generated based on the current listing's property type and located in South Calgary. 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.