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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102 1505 27 Avenue SW
South Calgary Calgary T2T 1G5

$375,000
Residential beds: 2 baths: 2.0 1,091 sq. ft. built: 1999

Main Photo: 102 1505 27 Avenue SW in Calgary: South Calgary Apartment for sale : MLS®# A2240628
Photo 1: 102 1505 27 Avenue SW in Calgary: South Calgary Apartment for sale : MLS®# A2240628
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Photo 24: 102 1505 27 Avenue SW in Calgary: South Calgary Apartment for sale : MLS®# A2240628
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2240628
Bedrooms:
2
Bathrooms:
2
Year Built:
1999
Welcome to this bright and airy 2-bedroom, 2-bath loft-style condo offering over 1,000 sq. ft. of stylish living space in one of Calgary’s most sought-after inner-city communities. This south-facing corner unit features soaring ceilings and a stunning wall of windows that flood the home with natural light. The open concept main floor includes a well appointed kitchen with granite countertops, maple cabinetry, and stainless-steel appliances perfect for cooking and entertaining. The spacious living and dining area flows seamlessly to the outdoor patio, ideal for enjoying sunny afternoons or hosting friends. Upstairs, the primary suite offers a private retreat with its own full bathroom and generous closet space. A second bedroom and full bath on the main level add flexibility for guests, a home office, or a roommate setup. Additional highlights include in-floor heating throughout, two titled underground parking stalls, a separate storage locker, and in-suite laundry for added convenience. Located in vibrant South Calgary, you're just minutes to Marda Loop, parks, shopping, restaurants, and transit.
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:
1,091.44 sq. ft.
Main Level Finished Area:
712.12 sq. ft.
Upper Level Finished Area:
379.31 sq. ft.
Condo Fee:
$868.62
Condo Fee Includes:
Common Area Maintenance, Gas, Heat, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Trash, Water
Lot Frontage:
150'
Front Exposure:
North
Unit Exposure:
South, Southwest, West
Floor Location:
Ground
Entry Level:
1
Stories Total:
4
Levels:
Multi Level Unit
End Unit:
1 Common Wall
Total Rooms Above Grade:
4
Year built:
1999 (Age: 26)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
0111647
Heating:
In Floor, Hot Water, Natural Gas
Basement:
None
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, Ceramic Tile, Hardwood
Cooling:
None
Fireplaces:
0
Garage:
No
Garage Spaces:
2
Parking:
Parkade, Underground
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Unit, Main Level
Condo Fee Frequency:
Monthly
Z-name Not Listed
South Calgary
Elevator(s)
Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer Stacked, Window Coverings
Patio Furniture
None Known
Yes
Floor
Type
Size
Other
Main Floor
Bedroom
12'5" × 10'9"
Main Floor
Kitchen
15'1" × 8'11"
Main Floor
Living/Dining Room Combination
18' × 10'2"
2nd Floor
Bedroom - Primary
18'1" × 12'4"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5'1" x 10'
2nd Floor
Yes
3
10' x 7'4"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Granite Counters, High Ceilings, Kitchen Island, Track Lighting
Exterior Features:
Private Yard
Patio And Porch Features:
Patio
Lot Features:
Back Yard
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C1 d144
Listed Date:
Jul 17, 2025
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3D Tour

Listed by RE/MAX First
Data was last updated September 30, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
49
Avg list price:
$810,000
Min list price:
$225,000
Max list price:
$2,498,000
Avg days on market:
38
Min days on market:
3
Max days on market:
257
Avg price per sq.ft.:
$510.2
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.