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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164 Deerview Way SE
Deer Ridge Calgary T2J 6K3

$410,000
Residential beds: 4 baths: 2.0 885 sq. ft. built: 1981

Main Photo: 164 Deerview Way SE in Calgary: Deer Ridge Row/Townhouse for sale : MLS®# A2263459
Photo 1: 164 Deerview Way SE in Calgary: Deer Ridge Row/Townhouse for sale : MLS®# A2263459
Photo 2: 164 Deerview Way SE in Calgary: Deer Ridge Row/Townhouse for sale : MLS®# A2263459
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Photo 38: 164 Deerview Way SE in Calgary: Deer Ridge Row/Townhouse for sale : MLS®# A2263459
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2263459
Bedrooms:
4
Bathrooms:
2
Year Built:
1981
Investors alert or first-time home buyer! Here’s a fantastic, affordable East-facing bungalow located in a quiet area in the heart of Deer Ridge. It’s within easy walking distance to schools, shopping center, and city bus transportation. The property has seen recent upgrades and renovations, including new large windows throughout, a relatively new roof, and decorative light fixtures. The home is spacious and bright. The main floor features three decent-sized bedrooms, all adorned with stylish colours and large windows that let in plenty of light. The master bedroom includes a sliding glass door that opens to the back deck and offers a private, west-facing backyard. The main floor also hosts a 4-piece bathroom equipped with an extra-deep soaker tub and a tile surround. The kitchen and breakfast nook are bright and inviting, providing ample counter and cabinet space along with black appliances. The living room is generously sized and boasts a wood-burning fireplace, creating a cozy atmosphere enhanced by natural light. The lower level is fully finished and features an impressive fourth bedroom complete with a new three-piece ensuite. Additionally, there is a large recreation room with enough space for a pool table and a movie theatre area, as well as a spacious utility/laundry room. This home is in a prime location! Close to Fish Creek Provincial Park, one of North America's largest urban parks, located in the southern part of Calgary, Alberta, it offers visitors an escape into nature with extensive trails, diverse wildlife, and recreational activities like hiking, biking, Fishing, swimming, and birding. 
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Attached-Side by Side, Bungalow
Total Living Area:
884.68 sq. ft.
Below Grade Finished Area:
819.59 sq. ft.
Lot Area:
2,917 sq. ft.
Lot Frontage:
33'
Front Exposure:
East
Unit Exposure:
East
Entry Level:
1
Levels:
One
End Unit:
1 Common Wall
Total Rooms Above Grade:
3
Year built:
1981 (Age: 44)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
7910518
Heating:
Forced Air
Basement:
Full, Finished, None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Vinyl Siding, Wood Frame
Structure Type:
Triplex
Roof:
Asphalt
Ensuite:
No
Flooring:
Carpet, Laminate, Linoleum
Cooling:
None
Fireplaces:
1
Fireplace Details:
Wood Burning
Garage:
No
Parking:
Off Street, Parking Pad
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Unit
Deer Ridge
Dishwasher, Electric Stove, Refrigerator, Washer
none
Restrictive Covenant
Floor
Type
Size
Other
Main Floor
Bedroom - Primary
11'3" × 9'3"
Main Floor
Bedroom
12'7" × 7'7"
Main Floor
Bedroom
9'8" × 7'10"
Basement
Bedroom
23'9" × 8'8"
Basement
Game Room
19'10" × 18'3"
Basement
Furnace/Utility Room
16'5" × 9'9"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
0' x 0'
Basement
No
3
0' x 0'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Laminate Counters, No Animal Home, No Smoking Home, Open Floorplan
Exterior Features:
Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Lane
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
M-CG d38
Listed Date:
Oct 26, 2025
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Listed by RE/MAX Real Estate (Mountain View)
Data was last updated November 1, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
6,698
Avg list price:
$569,900
Min list price:
$15,000
Max list price:
$13,500,000
Avg days on market:
42
Min days on market:
1
Max days on market:
762
Avg price per sq.ft.:
$408.41
These statistics are generated based on the current listing's property type and located in 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.