Discover Your New Condo in Southeast Calgary: Affordable Entry-level, Spacious Mid-Range, and Luxurious High-End Options Available

SE Calgary condos Entry-level: 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 Southeast Calgary can start around $150,000 - $300,000.
SE Calgary condos Mid-range: These are typically larger units, with more bedrooms and bathrooms, and can include newer buildings with more amenities. Prices for mid-range condos in Southeast Calgary Condos for sale can range from around $300,000 - $500,000.
SE Calgary Luxury condos: These are the most expensive condos in the area and can include large units in newer buildings with high-end finishes and amenities, such as concierge service, gym and pool. Prices for luxury condos in Southeast Calgary can start around $500,000 and go up to several millions.
Townhomes: These are attached homes that are typically two or three stories tall. They are often a more affordable option than single-family homes and offer a lower maintenance lifestyle.
I am alway here to answer your question, whether you are looking to sell your Southeast Calgary home or purchase a home in Southeast Calgary. You can reach Diane Richardson by email or call or text me at 403.397.3706  With so many wonderful properties up for grabs here in Southeast Calgary, Alberta, anybody would be lucky enough to call one their own.

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Consider a few key factors before making your Calgary Condo purchase.

Buying a condo in Calgary can be an exciting and rewarding experience, but it's important to consider a few key factors before making your purchase. Here are some things to keep in mind:

  1. Location: Consider the neighborhood where the condo is located. Is it close to the amenities and services you need? Is it in a safe and desirable area? Is it easily accessible by public transportation or major roads?

  2. Building amenities: Take a look at the amenities offered by the building. Does it have a gym, pool, or common areas? Is there a concierge or security system? Are these amenities included in your condo fees, and are they something you will use and enjoy?

  3. Condo fees: Speaking of condo fees, make sure to understand what they include and how much they will cost. These fees are used to maintain the building and common areas, so it's important to factor them into your budget.

  4. Unit size and layout: Think about the size and layout of the condo unit itself. Does it have enough space for your needs, and is the layout functional for your lifestyle? Consider things like the number of bedrooms and bathrooms, storage space, and the size of the kitchen and living areas.

  5. Condition of the unit: When viewing the condo, pay attention to its condition. Are there any repairs or updates needed? Is there any visible damage or wear and tear? You'll want to make sure the unit is in good condition before making your purchase.

  6. Parking and storage: If you have a car or need extra storage space, consider the availability of parking and storage options. Does the condo come with a parking spot or storage locker, and are there additional spots available for purchase or rent?

  7. Resale value: While you may not be thinking about selling your condo right now, it's important to consider its potential resale value. Look at the trends in the local real estate market and consider the desirability of the building and location when thinking about future value.

By keeping these factors in mind, you'll be able to make an informed decision when buying a condo in Calgary.

CONTACT DIANE RICHARDSON

When a SE Calgary Real Estate Listings looks interesting and you’d like a closer look please email, text or call and I’ll arrange your private viewing, at your convenience. You can reach me by phone or text at 403-397-3706 and email. Please be sure to include the property address or MLS® number for the listing you are interested in.

Take advantage of our proven marketing systems to list your home for sale in Calgary or contact me today to arrange a private showing of any property you see here on mypadcalgary.com.

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509 1 Street SE
Diamond Valley Diamond Valley T0L 0H0

$449,900
Residential beds: 2 baths: 1.0 793 sq. ft. built: 1949

Main Photo: 509 1 Street SE in Diamond Valley: Detached for sale : MLS®# A2289449
Photo 1: 509 1 Street SE in Diamond Valley: Detached for sale : MLS®# A2289449
Photo 2: 509 1 Street SE in Diamond Valley: Detached for sale : MLS®# A2289449
Photo 3: 509 1 Street SE in Diamond Valley: Detached for sale : MLS®# A2289449
Photo 4: 509 1 Street SE in Diamond Valley: Detached for sale : MLS®# A2289449
Photo 5: 509 1 Street SE in Diamond Valley: Detached for sale : MLS®# A2289449
Photo 6: 509 1 Street SE in Diamond Valley: Detached for sale : MLS®# A2289449
Photo 7: 509 1 Street SE in Diamond Valley: Detached for sale : MLS®# A2289449
Photo 8: 509 1 Street SE in Diamond Valley: Detached for sale : MLS®# A2289449
Photo 9: 509 1 Street SE in Diamond Valley: Detached for sale : MLS®# A2289449
Photo 10: 509 1 Street SE in Diamond Valley: Detached for sale : MLS®# A2289449
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Photo 32: 509 1 Street SE in Diamond Valley: Detached for sale : MLS®# A2289449
Photo 33: 509 1 Street SE in Diamond Valley: Detached for sale : MLS®# A2289449
Photo 34: 509 1 Street SE in Diamond Valley: Detached for sale : MLS®# A2289449
Photo 35: 509 1 Street SE in Diamond Valley: Detached for sale : MLS®# A2289449
Photo 36: 509 1 Street SE in Diamond Valley: Detached for sale : MLS®# A2289449
Photo 37: 509 1 Street SE in Diamond Valley: Detached for sale : MLS®# A2289449
Photo 38: 509 1 Street SE in Diamond Valley: Detached for sale : MLS®# A2289449
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2289449
Bedrooms:
2
Bathrooms:
1
Year Built:
1949
Opportunity knocks with this 1949 bungalow situated on a rare double-wide 1,112 square meter lot in the heart of Diamond Valley. This 2-bedroom, 1-bathroom, 792 square foot home is a true handyman’s special and is being offered primarily for land value making it an incredible opportunity for builders, investors, or anyone dreaming of creating their perfect home in a charming small town setting. The existing home features single level living, with a charming front porch, spacious living room, generous kitchen, as well as a large mudroom equipped with laundry hook-ups. The roof was replaced approx. 15 years ago, the hot water tank is only 5 years old and although the furnace is on the older side, it has been well maintained and runs perfectly. The property been rented to long-term tenants for many years, offering immediate holding potential. Whether you're considering building your dream home, undertaking a renovation, or seeking an immediate rental the possibilities here are endless. Build your custom dream home while continuing to live in the existing residence during construction. With the generous double lot, there’s also exciting potential to build a second home while keeping the current property as a future in-law suite, income property, or Airbnb, subject to the approval and permitting by the town or municipality. Lots of this size and flexibility are a rare find in this desirable community. Diamond Valley offers the perfect blend of small-town charm and modern convenience. Families will appreciate local schools such as Turner Valley School and Oilfields High School, along with nearby amenities including shops, cafes and essential services right in town. Outdoor enthusiasts will love proximity to parks, pathways, and the Sheep River valley, as well as easy access to Kananaskis Country for year-round recreation. Located just minutes from Okotoks and an easy commute to Calgary, this property offers a peaceful escape from the city without sacrificing convenience. If you’ve been waiting for a large lot with unlimited potential in a growing and welcoming community, this is your chance.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
Bungalow
Total Living Area:
792.64 sq. ft.
Main Level Finished Area:
792.64 sq. ft.
Acreage:
No
Lot Area:
11,977 sq. ft.
Lot Frontage:
100'4"
Front Exposure:
East
Levels:
One
Total Rooms Above Grade:
4
Year built:
1949 (Age: 77)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
5533EF
Heating:
Forced Air
Basement:
Crawl Space
Foundation:
Block, None, Piling(s)
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
House
Roof:
Asphalt
Ensuite:
Yes
Flooring:
Carpet, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Alley Access, Driveway, Off Street, Parking Pad
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
Washer Hookup
Southeast
Dishwasher, Electric Range, Refrigerator, Window Coverings
N/A - All Inclusions are sold AS-IS
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
9'8" × 9'6"
Main Floor
Bedroom
9'8" × 9'8"
Main Floor
Kitchen
15'1" × 10'2"
Main Floor
Living Room
15'2" × 12'8"
Main Floor
Mud Room
11'9" × 11'7"
Basement
Furnace/Utility Room
12'4" × 6'4"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
5' x 7'9"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
See Remarks
Exterior Features:
Private Yard
Patio And Porch Features:
Front Porch
Lot Features:
Back Lane, Back Yard, Front Yard, Interior Lot
Num. of Parcels:
0
Fencing:
Partial
Region:
Foothills County
Zoning:
BD - SINGLE DETATCHED - R
Listed Date:
Feb 27, 2026
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Listed by Charles
Data was last updated April 17, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$668,500
Min list price:
$369,000
Max list price:
$995,000
Avg days on market:
38
Min days on market:
1
Max days on market:
106
Avg price per sq.ft.:
$506.81
These statistics are generated based on the current listing's property type and located in Diamond Valley. 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.