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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504 2011 University Drive NW
University Heights Calgary T2N 4T4

$299,900
Residential beds: 2 baths: 2.0 929 sq. ft. built: 1991

Welcome to Laureate Place!
Photo 1: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 2: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 3: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 4: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 5: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 6: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 7: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 8: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 9: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 10: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 11: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 12: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 13: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 14: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 15: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 16: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 17: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 18: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 19: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 20: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 21: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 22: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 23: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 24: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 25: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 26: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 27: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 28: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 29: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Photo 30: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2242374
Bedrooms:
2
Bathrooms:
2
Year Built:
1991
Welcome to Laureate Place, a quiet concrete building in an unbeatable location. This bright and spacious 2-bedroom, 2-bathroom condo is just an 8-minute walk to the University of Calgary, 1.6 km from Banff Trail LRT station, and a 20-minute walk to Foothills Hospital—perfect for students, professionals, and healthcare workers alike. The functional kitchen provides ample cupboard and counter space, complete with a large pantry and a pass-through to the dining area for easy entertaining. The open concept living room extends to a private balcony with views of McMahon Stadium and surrounding recreational fields. Both generously sized bedrooms feature walk-in closets, while the primary suite includes a full ensuite bath. A second full bathroom, in-suite laundry with extra storage, and a heated underground parking stall add to the convenience and comfort. Ideally situated close to shopping, restaurants, coffee shops, and with a bus stop directly in front of the building, this condo offers the perfect blend of lifestyle and location.
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:
928.8 sq. ft.
Main Level Finished Area:
928.8 sq. ft.
Condo Fee:
$783.04
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, Interior Maintenance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Front Exposure:
Northeast
Unit Exposure:
Northeast
Floor Location:
Other
Entry Level:
5
Stories Total:
8
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
1991 (Age: 34)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
9012444
Heating:
Baseboard, Boiler
New Constr.:
No
Construction Material:
Brick, Concrete
Structure Type:
High Rise (5+ stories)
Ensuite:
Yes
Flooring:
Laminate
Cooling:
None
Fireplaces:
0
Garage:
No
Garage Spaces:
1
Parking:
Parkade, Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Laureate Place
University Heights
Elevator(s), Parking, Recreation Room, Visitor Parking
Dishwasher, Dryer, Electric Stove, Garage Control(s), Microwave, Range Hood, Washer, Window Coverings
n/a
Pet Restrictions or Board approval Required
Restrictions
Floor
Type
Size
Other
Main Floor
Laundry
6'8" × 6'5"
Main Floor
Bedroom
11'2" × 9'1"
Main Floor
Bedroom - Primary
11'8" × 10'
Main Floor
Kitchen
8'10" × 8'5"
Main Floor
Dining Room
8'10" × 7'11"
Main Floor
Living Room
18'9" × 11'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5' x 8'
Main Floor
Yes
4
4'11" x 8'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby
Interior Features:
Pantry, Storage, Walk-In Closet(s)
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
M-H2
Listed Date:
Jul 23, 2025
  • Photo 1: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Welcome to Laureate Place!
  • Photo 2: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Photo 2 of 30
  • Photo 3: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Plenty of counter space
  • Photo 4: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
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    Photo 5 of 30
  • Photo 6: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    There is a pantry just across the hallway from the kitchen
  • Photo 7: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Very spacious dining area
  • Photo 8: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Photo 8 of 30
  • Photo 9: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Watch the prairie skies roll in!
  • Photo 10: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Photo 10 of 30
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    Photo 11 of 30
  • Photo 12: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Open concept living
  • Photo 13: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Photo 13 of 30
  • Photo 14: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Pantry/extra storage space
  • Photo 15: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Primary bedroom
  • Photo 16: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Photo 16 of 30
  • Photo 17: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Walk in closet
  • Photo 18: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Primary ensuite
  • Photo 19: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Second bedroom
  • Photo 20: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Photo 20 of 30
  • Photo 21: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Photo 21 of 30
  • Photo 22: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Walk in closet
  • Photo 23: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Second full bathroom
  • Photo 24: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Laundry and insuite storage
  • Photo 25: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Closet storage in entranceway
  • Photo 26: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Photo 26 of 30
  • Photo 27: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
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  • Photo 28: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Recreation area across the street
  • Photo 29: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    McMahon Stadium
  • Photo 30: 504 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242374
    Bus stop conveniently outside the building!
Listed by Real Estate Professionals Inc.
Data was last updated August 4, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
6,925
Avg list price:
$569,900
Min list price:
$118,000
Max list price:
$1,149,900,000
Avg days on market:
34
Min days on market:
1
Max days on market:
737
Avg price per sq.ft.:
$414.78
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.