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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308 8604 48 Avenue NW
Bowness Calgary T3B 5E6

$234,800
Residential beds: 2 baths: 1.0 815 sq. ft. built: 1981

Main Photo: 308 8604 48 Avenue NW in Calgary: Bowness Apartment for sale : MLS®# A2255215
Photo 1: 308 8604 48 Avenue NW in Calgary: Bowness Apartment for sale : MLS®# A2255215
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2255215
Bedrooms:
2
Bathrooms:
1
Year Built:
1981
Welcome to Silverwood on the Park in the heart of Bowness - a community known for its charm, riverside pathways, and access to both nature and city amenities. This 2-bedroom, 1-bathroom condo offers 815 sq.ft. of comfortable living space with an inviting layout that maximizes both functionality and comfort. Inside, you’ll find a bright living room that opens to a west-facing balcony, perfect for enjoying evening sun and views. The dining area flows easily into a well-appointed kitchen, while the primary bedroom and second bedroom provide plenty of private space for rest or a home office. A full 4-piece bathroom and a rare in-suite storage room complete the unit, ensuring convenience and extra functionality. The building itself is known for its amenities and strong community feel. Residents enjoy a fitness centre, sauna, social/party room, secured underground heated parking, visitor parking, and elevator access. The condo fees include heat, electricity, water, and sewer, providing peace of mind and simplifying monthly budgeting. The location is one of the biggest draws: step outside to access Bowness Park, pathways along the Bow River, and nearby shops and services. Bowness is a vibrant, growing community with a unique small-town character - home to markets, cafes, schools, and year-round outdoor activities. For commuters, downtown Calgary and the mountains are both within easy reach. Whether you’re a first-time buyer, investor, or downsizer, this condo delivers incredible value with its spacious layout, secure amenities, and unbeatable location next to one of Calgary’s most beloved parks. Don’t miss the chance to make this your new home in Bowness!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Apartment-Single Level Unit
Total Living Area:
815.1 sq. ft.
Main Level Finished Area:
815.1 sq. ft.
Condo Fee:
$821.26
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Electricity, Gas, Heat, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Front Exposure:
East
Unit Exposure:
West
Floor Location:
Other
Entry Level:
3
Stories Total:
10
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
6
Year built:
1981 (Age: 44)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
8310407
Heating:
Baseboard
New Constr.:
No
Construction Material:
Brick, Concrete
Structure Type:
High Rise (5+ stories)
Ensuite:
No
Flooring:
Laminate, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
Common Area
Condo Fee Frequency:
Monthly
Silverwood On The Park
Bowness
Elevator(s), Fitness Center, Laundry, Party Room, Recreation Room, Sauna, Secured Parking, Visitor Parking
Dishwasher, Electric Stove, Range Hood, Refrigerator, Window Coverings
None
Adult Living, Pet Restrictions or Board approval Required
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Foyer
10'6" × 3'10"
Main Floor
Kitchen
8'1" × 7'6"
Main Floor
Living Room
14'11" × 13'5"
Main Floor
Dining Room
8'10" × 8'8"
Main Floor
Bedroom - Primary
12'11" × 10'3"
Main Floor
Bedroom
10'8" × 8'
Main Floor
Storage
12' × 4'6"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 9'9"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Interior Features:
No Animal Home, No Smoking Home
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
C-COR2 f3.0h46
Listed Date:
Sep 09, 2025
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Listed by Royal LePage Solutions
Data was last updated November 1, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
66
Avg list price:
$675,000
Min list price:
$15,000
Max list price:
$1,775,000
Avg days on market:
37
Min days on market:
3
Max days on market:
354
Avg price per sq.ft.:
$508.88
These statistics are generated based on the current listing's property type and located in Bowness. 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.