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.

Forgot password Extend Verify Contact

306 2011 University Drive NW
University Heights Calgary T2N 4T4

$289,000
Residential beds: 2 baths: 2.0 938 sq. ft. built: 1991

Main Photo: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
Photo 1: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
Photo 2: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
Photo 3: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
Photo 4: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
Photo 5: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
Photo 6: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
Photo 7: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
Photo 8: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
Photo 9: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
Photo 10: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
Photo 11: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
Photo 12: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
Photo 13: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
Photo 14: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
Photo 15: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
Photo 16: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
Photo 17: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
Photo 18: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
Photo 19: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
Photo 20: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2242988
Bedrooms:
2
Bathrooms:
2
Year Built:
1991
**Open house Sunday July 27 from 2-4pm**Welcome to this beautifully maintained 2-bedroom, 2-bathroom condo in the desirable and well-connected community of University Heights. Perfectly located on the 3rd floor, offering about 900sqft living space. This apartment unit offers exceptional walkability to McMahon Stadium, the University of Calgary, Foothills Hospital, Alberta Children’s Hospital, Market Mall and public transit. This spacious unit feature a large living and dining area with direct access to your private balcony. The kitchen equips ample cabinetry and generous counter space. The oversized primary suite boasts a 4-piece ensuite, and walk-in closet. A second bedroom, another full 4-piece bathroom, and a second walk-in closet provide excellent flexibility for families or guests. Additional highlights include in-suite laundry with washer and dryer and assigned underground parking. The entire unit has been upgraded with durable vinyl plank flooring in 2023. The building features secure entry, visitor parking, energy-efficient upgrades, and rentable storage units. This is an outstanding opportunity to own in a well-managed and maintained apartment—ideal for investors, first-time home buyers, young professionals, and new immigrants.
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:
938.3 sq. ft.
Condo Fee:
$783.04
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Front Exposure:
Northeast
Unit Exposure:
Southeast
Floor Location:
Other
Entry Level:
3
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
New Constr.:
No
Construction Material:
Concrete, Stucco
Structure Type:
High Rise (5+ stories)
Roof:
Tar/Gravel
Ensuite:
Yes
Flooring:
Tile, Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Assigned, Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Laureate Place
University Heights
Elevator(s), Roof Deck, Storage, Visitor Parking
Dishwasher, Electric Stove, Microwave, Range Hood, Refrigerator, Washer/Dryer Stacked
N/A
Pet Restrictions or Board approval Required
Restrictions
Floor
Type
Size
Other
Main Floor
Kitchen With Eating Area
8'10" × 8'9"
Main Floor
Dining Room
9'11" × 7'10"
Main Floor
Bedroom
11'1" × 9'1"
Main Floor
Bedroom - Primary
11'6" × 10'1"
Main Floor
Balcony
10'9" × 5'4"
Main Floor
Living Room
15'4" × 11'6"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
8' x 4'11"
Main Floor
Yes
4
4'11" x 8'
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby, Tennis Court(s)
Interior Features:
Breakfast Bar, No Animal Home, No Smoking Home, 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 24, 2025
  • Photo 1: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
    Photo 1 of 20
  • Photo 2: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
    Photo 2 of 20
  • Photo 3: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
    Photo 3 of 20
  • Photo 4: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
    Photo 4 of 20
  • Photo 5: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
    Photo 5 of 20
  • Photo 6: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
    Photo 6 of 20
  • Photo 7: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
    Photo 7 of 20
  • Photo 8: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
    Photo 8 of 20
  • Photo 9: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
    Photo 9 of 20
  • Photo 10: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
    Photo 10 of 20
  • Photo 11: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
    Photo 11 of 20
  • Photo 12: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
    Photo 12 of 20
  • Photo 13: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
    Photo 13 of 20
  • Photo 14: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
    Photo 14 of 20
  • Photo 15: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
    Photo 15 of 20
  • Photo 16: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
    Photo 16 of 20
  • Photo 17: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
    Photo 17 of 20
  • Photo 18: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
    Photo 18 of 20
  • Photo 19: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
    Photo 19 of 20
  • Photo 20: 306 2011 University Drive NW in Calgary: University Heights Apartment for sale : MLS®# A2242988
    Photo 20 of 20
Listed by Homecare Realty Ltd.
Data was last updated August 3, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
6,938
Avg list price:
$569,995
Min list price:
$99,999
Max list price:
$1,149,900,000
Avg days on market:
36
Min days on market:
1
Max days on market:
736
Avg price per sq.ft.:
$414.87
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.