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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2401 3500 Varsity Drive
Varsity Calgary T2L 1Y3

$349,900
Residential beds: 2 baths: 1.0 1,081 sq. ft. built: 1976

Main Photo: 2401 3500 Varsity Drive in Calgary: Varsity Row/Townhouse for sale : MLS®# A2236139
Photo 1: 2401 3500 Varsity Drive in Calgary: Varsity Row/Townhouse for sale : MLS®# A2236139
Photo 2: 2401 3500 Varsity Drive in Calgary: Varsity Row/Townhouse for sale : MLS®# A2236139
Photo 3: 2401 3500 Varsity Drive in Calgary: Varsity Row/Townhouse for sale : MLS®# A2236139
Photo 4: 2401 3500 Varsity Drive in Calgary: Varsity Row/Townhouse for sale : MLS®# A2236139
Photo 5: 2401 3500 Varsity Drive in Calgary: Varsity Row/Townhouse for sale : MLS®# A2236139
Photo 6: 2401 3500 Varsity Drive in Calgary: Varsity Row/Townhouse for sale : MLS®# A2236139
Photo 7: 2401 3500 Varsity Drive in Calgary: Varsity Row/Townhouse for sale : MLS®# A2236139
Photo 8: 2401 3500 Varsity Drive in Calgary: Varsity Row/Townhouse for sale : MLS®# A2236139
Photo 9: 2401 3500 Varsity Drive in Calgary: Varsity Row/Townhouse for sale : MLS®# A2236139
Photo 10: 2401 3500 Varsity Drive in Calgary: Varsity Row/Townhouse for sale : MLS®# A2236139
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Photo 13: 2401 3500 Varsity Drive in Calgary: Varsity Row/Townhouse for sale : MLS®# A2236139
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2236139
Bedrooms:
2
Bathrooms:
1
Year Built:
1976
Priced under assessment. Bike score 81, transit score 69, walk score 65. Unit #2401 in McLaurin Village. A two storey, end unit spacious and bright townhome in Varsity is conveniently located near the U of C, transit, hospitals, and shopping centers. An Excellent investment property, a starter home, or downsize, this one is very versatile! Step inside the front entry and head upstairs to the main floor. Spacious, bright, and open, this space is perfect for entertaining family and friends. A corner fireplace creates a cozy setting with an adjacent balcony with sliding doors. The kitchen has been updated with white cabinets, backsplash, vinyl flooring. Newer appliances. Further into the kitchen is a convenient laundry/storage room. Head upstairs to the top level which offers a large primary bedroom, private upper floor Balcony, and a lot of closet space for storage. Second bed Bedroom and a 4-piece bath complete the top level. The property has a newer hot water tank and A/C. A green space surrounding the complex offers plenty of room to enjoy the outdoors. Landscaping and snow removal are done by the condo management. Low condo fee. Pets are allowed and welcomed with board approval. Dont miss out, call your favorite realtor today.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
2 Storey
Total Living Area:
1,081 sq. ft.
Condo Fee:
$278.48
Condo Fee Includes:
Common Area Maintenance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Snow Removal
Front Exposure:
Southeast
Unit Exposure:
Southeast
Entry Level:
1
Levels:
Two
End Unit:
2+ Common Walls
Total Rooms Above Grade:
4
Year built:
1976 (Age: 49)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
7810237
Heating:
Forced Air, Natural Gas
Basement:
None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Vinyl Siding, Wood Frame
Structure Type:
Five Plus
Roof:
Tar/Gravel
Ensuite:
No
Flooring:
Carpet, Vinyl
Cooling:
Rooftop
Fireplaces:
1
Fireplace Details:
Wood Burning
Garage:
No
Parking:
Stall
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Mclaurin Village
Varsity
Parking, Snow Removal, Visitor Parking
Dryer, Electric Stove, Refrigerator, Washer, Window Coverings
N/A
Pet Restrictions or Board approval Required
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Kitchen
8'6" × 8'4"
Main Floor
Living/Dining Room Combination
23'3" × 17'11"
Main Floor
Laundry
9'4" × 8'6"
Upper Level
Bedroom - Primary
14'6" × 10'6"
Upper Level
Bedroom
9'4" × 8'4"
Floor
Ensuite
Pieces
Other
Upper Level
No
4
8' x 7'5"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Ceiling Fan(s), No Animal Home, No Smoking Home, Open Floorplan, Storage
Exterior Features:
Balcony, Lighting
Patio And Porch Features:
Balcony(s)
Lot Features:
Landscaped, Lawn, Many Trees
Num. of Parcels:
0
Fencing:
None
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
M-C1 d100
Listed Date:
Jul 01, 2025
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Listed by First Place Realty
Data was last updated August 7, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
45
Avg list price:
$509,500
Min list price:
$209,000
Max list price:
$2,499,000
Avg days on market:
37
Min days on market:
1
Max days on market:
118
Avg price per sq.ft.:
$468.65
These statistics are generated based on the current listing's property type and located in Varsity. 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.