Calgary Condos for Sale Under $500,000
Explore Affordable Calgary Condos, Apartments & Low-Maintenance Homes Under $500K
Updated in real time: View the latest Calgary condos for sale under $500,000, including apartment-style condos, modern units, and low-maintenance homes across the city.
Explore Calgary condos for sale under $500,000, including apartment-style condos, low-maintenance units, and budget-friendly options in communities across the city. This price range is popular with first-time buyers, downsizers, investors, and anyone looking for a more affordable way to own real estate in Calgary.
Listings below are updated regularly from the MLS® system and may include condos in downtown Calgary, inner-city neighbourhoods, established suburbs, and newer communities with modern buildings and convenient amenities. Use the search tools to compare price, bedrooms, bathrooms, condo fees, square footage, parking, and location.
Whether you want a walkable condo close to restaurants and transit, a newer suburban unit with parking and storage, or a simple lock-and-leave home, Calgary offers a wide range of condo options under $500K.
Browse current Calgary condo MLS® listings under $500,000, save your favourites, and request more information or showings when a property looks like the right fit.
Search Calgary Condos Under $500K
Use the listings below to browse active Calgary condos priced under $500,000. Refine your search by neighbourhood, building style, number of bedrooms, parking, amenities, condo fees, and other features that matter most to your lifestyle or investment goals.
Calgary Condos for Sale Under $500,000
Calgary condos under $500K, condos for sale in Calgary under 500000
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7101 14 Hemlock Crescent SW in Calgary: Spruce Cliff Apartment for sale : MLS®# A2322746
7101 14 Hemlock Crescent SW Calgary T3C 2Z1 
$259,900Residential- Status:
- Active
- MLS® Num:
- A2322746
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 748 sq. ft.
Welcome to Spruce Cliff, one of Calgary’s most desirable inner-city communities, where urban convenience meets an active outdoor lifestyle. Located in the sought-after Copperwood complex, this beautifully maintained main-floor one-bedroom residence offers nearly 750 square feet of thoughtfully designed living space in an exceptional location. The functional open-concept layout is complemented by a built-in workspace, providing the perfect spot for working from home or managing day-to-day tasks. Large windows fill the home with natural light, while the private fenced patio creates an inviting outdoor retreat—ideal for morning coffee, relaxing with a book, or providing easy outdoor access for pet owners. This home includes titled underground heated parking, a private storage locker, and access to an impressive array of building amenities, including a fitness centre, guest suite, party room, workshop, car wash bay, bike storage, and beautifully maintained grounds. Surrounded by mature trees and backing onto the Shaganappi Golf Course, Copperwood offers a unique setting rarely found this close to the city core. Enjoy direct access to walking and cycling pathways, nearby parks, and year-round recreation. Westbrook C-Train Station is just a short walk away, providing convenient access to downtown Calgary, while nearby shopping, restaurants, grocery stores, and everyday amenities are all within easy reach. For those who love to explore, quick access to Bow Trail and Sarcee Trail makes commuting simple and provides a direct route west to the Rocky Mountains, Canmore, and Banff National Park. Whether you’re seeking a low-maintenance lifestyle, a lock-and-leave property, or a home in an unbeatable location, this exceptional Spruce Cliff residence delivers the perfect balance of comfort, convenience, and connectivity. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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225 20 SETON Park SE in Calgary: Seton Apartment for sale : MLS®# A2316480
225 20 SETON Park SE Calgary T3M 2V4
$319,000Residential- Status:
- Active
- MLS® Num:
- A2316480
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 803 sq. ft.
WELCOME HOME! Spacious and stylish 2nd floor condo in a modern 4 storey building, ideally located within a 5-minute walk to South Health Campus and close to the Seton YMCA, shopping, restaurants, and schools. Offering over 1,315 sq. ft. of living space, this bright unit features large windows throughout that fill the home with natural light. The stylish kitchen is complete with white quartz countertops, stainless steel appliances, a smooth induction cooktop with stainless steel hood fan, built-in wall oven and microwave, and a large island with undermount sink. A walk-in pantry provides excellent storage and convenience. The open-concept layout connects the kitchen, dining area, and living room, creating a comfortable space for both everyday living and entertaining. Patio doors lead to your private balcony with open views, a great spot to relax and unwind. This home offers 3 spacious bedrooms and the primary bedroom includes a walk-in closet, private 4-piece ensuite, a SECOND private patio off the primary bedroom, while a second full bathroom is perfect for overnight guests. A laundry room with full-size washer and dryer and built-in shelving provides additional storage and functionality rarely found in condo living. The unit also includes TWO titled parking stalls in the secure underground parkade, keeping your vehicles protected year-round. An excellent opportunity to own a spacious condo in one of Calgary’s fastest-growing communities, with quick access to healthcare, recreation, shopping, and major roadways. A fantastic option for professionals, down sizers, or investors alike! Book your showing today! This ones a gem! More detailsListed by Royal LePage METRO- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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107 3101 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2322758
107 3101 34 Avenue NW Calgary T2L 2A3
$299,900Residential- Status:
- Active
- MLS® Num:
- A2322758
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 764 sq. ft.
***OPEN HOUSE SATURDAY, JUNE 20, 11-1 PM*** EXCEPTIONAL LOCATION DIRECTLY ACROSS FROM THE UNIVERSITY OF CALGARY! Welcome to this spacious, fully upgraded 1-bedroom, 1-bathroom condo blending modern luxury with ultimate convenience. Step inside to find soaring 10½-foot ceilings that create a grand, open-concept feel, beautifully accented by premium luxury vinyl plank and ceramic tile flooring. The gourmet kitchen is an entertainer's dream, boasting elegant contemporary maple cabinetry, granite countertops, a central island with a breakfast eating bar, and a black appliance package featuring a Bosch dishwasher, wall oven, cooktop, refrigerator, and an over-the-range microwave. The spacious primary bedroom serves as a quiet retreat, complete with a walk-through closet leading to a 4-piece ensuite bathroom with a convenient cheater door for guest access. Enjoy your morning coffee or summer BBQs on the spacious, covered private patio featuring a built-in gas hookup. Additional features include an in-suite laundry and storage room, a wall-mounted air-conditioning unit in the primary bedroom, a secure titled underground parking stall, and a separate titled storage unit. The building also offers covered guest parking right by the front door. An unbeatable location for professionals, students, or investors—walk to the University of Calgary and Research Park, with the Foothills & Alberta Children’s Hospitals, Brentwood & Market Malls, and downtown Calgary all just minutes away via nearby University or Brentwood LRT Stations. More detailsListed by REMAX Innovations- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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705 1020 9 Avenue SE in Calgary: Inglewood Apartment for sale : MLS®# A2322271
705 1020 9 Avenue SE Calgary T2G 0S7
$399,900Residential- Status:
- Active
- MLS® Num:
- A2322271
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 627 sq. ft.
This stunning top floor end unit in the sought-after Avli on Atlantic building is ready for its new owner! Perched on the 7th floor with no one above and only 1 shared wall, this immaculate 2-bedroom, 2-bathroom home offers breathtaking panoramic south and westerly downtown views. With no buildings directly opposite at this level, the views are truly unobstructed in every direction. Only 6 units share this level, with soaring 9' ceilings exclusive to the penthouse floor. The floor-to-ceiling glass windows flood the open-concept layout with an abundance of natural light and south exposure. Every square foot has been thoughtfully utilized, with a smart layout that eliminates wasted space and maximizes livability, complemented by a generous amount of in-suite storage throughout. The designer galley kitchen is a chef's dream, featuring full-height gloss cabinetry, a striking wood-grain backsplash, premium gas range with stainless appliances and a generous centre island with wraparound seating, all finished with sleek quartz countertops. A stylish double undermount sink anchors the island, perfectly positioned to overlook the living area. The sun-drenched living room opens to a spacious glass-railed balcony that runs the length of the unit with a gas line, ideal for entertaining with protected downtown views as your backdrop. A perfect spot to watch the action on 9th Avenue. A beautiful wood barn slider door leads to the serene primary suite, which enjoys its own private balcony access, a large built-in wardrobe, and a luxuriously upgraded ensuite. The second room is versatile, bathed in natural light with sweeping views, it can function beautifully as a second bedroom or inspiring home office. The 4-piece main bath with floor-to-ceiling tile and a bathtub is great for guests. In-suite stacked laundry, titled underground parking, and a separate storage locker complete the package. Building amenities include a third floor communal patio, guest suite, and secured parking. Central air conditioning keeps things comfortable year-round. Located on vibrant 9th Avenue in trendy Inglewood, walk to award-winning restaurants, boutique shops, breweries, the Bow River pathway, bird sanctuary, East Village, and downtown. This is inner-city living at its best! More detailsListed by Charles- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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306 735 56 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2313372
306 735 56 Avenue SW Calgary T2V 0G9
$315,000Residential- Status:
- Active
- MLS® Num:
- A2313372
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 975 sq. ft.
Beautiful, bright, and sunny updated 2-bedroom, 2-bathroom corner unit in an outstanding location within walking distance of both Chinook Centre and Britannia Plaza. Recent upgrades over the past 3-4 years include luxury vinyl plank flooring, carpeting, blinds, and all newer appliances, including washer and dryer. The excellent floor plan features a spacious open-concept living area (with gas fireplace) separating the bedrooms for added privacy. Additional features include granite countertops, air conditioning, a large private deck with gas BBQ hookup, underground parking, and a separate storage locker. The low-rise building has well-lit, wide hallways, professional management, and a healthy reserve fund. This excellently-situated building is around the corner from both Chinook Centre, Calgary’s premier shopping destination, and Britannia Plaza, home to numerous upscale shops and services, including Lina’s Italian Market and Sunterra Market. Just a short distance away is Stanley Park with its outdoor swimming pool, sports field, tennis courts, and the Elbow River Sandy Beach picnic area. Commuting is effortless, having a bus stop only steps away which services multiple routes including the frequent #3 providing direct northbound service through downtown up to Sandstone terminal, and southbound service to Heritage station. Chinook LRT station is also conveniently close by. Impeccably maintained and move-in ready, this beautiful home is just waiting for you to make it your own. More detailsListed by RE/MAX Realty Professionals- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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6305 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2322353
6305 755 Copperpond Boulevard SE Calgary T2Z 4R2
$269,900Residential- Status:
- Active
- MLS® Num:
- A2322353
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 801 sq. ft.
Underground Heated Parking | 2 Bedrooms + 2 Full Bathrooms | Pet Friendly | Bright Open Layout | Stone Countertops | Stainless Steel Appliances | Welcome to this exceptionally well-maintained and beautifully bright 2-bedroom, 2 full bathroom condo in the heart of Copperfield. Thoughtfully designed for both comfort and functionality, the layout places the bedrooms on opposite sides of the unit, offering excellent privacy for guests, roommates, or a dedicated home office setup. The open-concept floor plan seamlessly connects the kitchen, dining, and living areas, while large patio doors flood the space with natural light. The kitchen is equipped with stone countertops throughout, stainless steel appliances, laminate flooring, and a central island that provides additional workspace and seating for everyday living or entertaining. The spacious primary retreat easily accommodates a king-sized bed and features a walk-through closet leading to a private 4-piece ensuite. The second bedroom is conveniently located beside another full bathroom, and both bedrooms have been finished with brand-new carpet. Additional highlights include in-suite laundry, ample storage, and a private patio overlooking green space. Complete with a natural gas line for your BBQ, it's the perfect outdoor space to enjoy throughout the summer months. The unit also includes a secure heated underground parking stall, providing year-round comfort and convenience. Ideally situated close to parks, schools, restaurants, and the extensive shopping and amenities along 130th Avenue, with quick access to Stoney Trail, Deerfoot Trail, and South Health Campus just minutes away. Clean, upgraded, and truly move-in ready, this is an outstanding opportunity in one of Calgary's most convenient and well-connected communities. More detailsListed by MaxWell Capital Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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809 225 11 Avenue SE in Calgary: Beltline Apartment for sale : MLS®# A2317276
809 225 11 Avenue SE Calgary T2G 0G3
$285,000Residential- Status:
- Active
- MLS® Num:
- A2317276
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 574 sq. ft.
Welcome to Keynote 2, one of downtown Calgary’s most sought-after residential towers. This well-appointed 1-bedroom, 1-bathroom condo includes titled underground parking and titled storage for added convenience. Residents enjoy access to a fully equipped fitness centre and premium building amenities. Ideally located in the heart of the Beltline, this home offers an exceptional walkability score with easy access to restaurants, cafés, shopping, grocery stores, transit, and the CTrain. Whether you're a first-time buyer, investor, or urban professional, you'll appreciate being just steps from everything downtown Calgary has to offer. More detailsListed by Nineteen 88 Real Estate- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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4308 215 Legacy Boulevard SE in Calgary: Legacy Apartment for sale : MLS®# A2322485
4308 215 Legacy Boulevard SE Calgary T2X 3Z7
$299,900Residential- Status:
- Active
- MLS® Num:
- A2322485
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 796 sq. ft.
Welcome to this beautifully designed 2-bedroom, 2-bathroom condo offering the perfect blend of modern style and functional living in the award-winning southeast community of Legacy. Spanning a thoughtfully executed layout, this home is ideal for roommates, couples, or small families seeking both privacy and a vibrant shared space. Step inside to a bright, open-concept central living and dining area, accented by durable, contemporary vinyl flooring that flows seamlessly throughout the common spaces. The chef-ready kitchen is a standout feature, boasting elegant quartz countertops paired with rich, dark cabinetry, an abundance of cabinet storage, a dedicated pantry conveniently located next to the refrigerator, and a sleek, modern stainless steel appliance package. Privacy is maximized by a clever floor plan positioning the common areas in the center, with a bedroom and bathroom on either side. The primary suite features cozy carpet, a massive walk-in closet, and a private, full ensuite bathroom with tile flooring. On the opposite side, the second bedroom also features comfortable carpet and boasts direct, cheater-suite access to the second full tile bathroom, which also opens to the main living space for guests. This unit is packed with practical features, including full in-suite laundry, plenty of extra storage solutions throughout, a private covered balcony perfect for year-round enjoyment, and a titled parking stall. Legacy boasts incredible amenities and natural beauty. Enjoy over 15 km of scenic walking paths, a 300-acre environmental reserve, manicured green spaces, and community gardens right outside your door. Everyday essentials are just minutes away at the Township Shopping Centre, featuring Sobeys, Winners, PetSmart, and a great mix of fitness studios and dining spots. You are also just a short drive from the extensive retail hubs in nearby Shawnessy and Walden, the pristine trails of Fish Creek Provincial Park, nearby golf courses, and the South Health Campus hospital. With fast access to Macleod Trail and Stoney Trail, commuting around Calgary is effortless. More detailsListed by Royal LePage Benchmark- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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2415 215 Legacy Boulevard SE in Calgary: Legacy Apartment for sale : MLS®# A2321609
2415 215 Legacy Boulevard SE Calgary T2X 3Z5
$255,000Residential- Status:
- Active
- MLS® Num:
- A2321609
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 635 sq. ft.
Stylish, low maintenance, and move-in ready, this top floor two bedroom, two bathroom condo offers the perfect blend of comfort, convenience and modern design. Perfectly suited for first-time buyers, savvy investors, or those looking to simplify their lifestyle, this beautifully maintained unit delivers exceptional value in a turn-key package. Offering 635 sq. ft. of thoughtfully designed living space, this unit features neutral finishes, numerous upgrades, and a clean aesthetic that provides the perfect backdrop for your personal style. The open-concept layout is both functional and inviting, with a handsome kitchen showcasing dark cabinetry, quartz countertops, subway tile backsplash, stainless steel appliances, a central island with seating, and durable low-maintenance flooring. The kitchen flows seamlessly into the bright living area, where patio doors lead to a private balcony, an ideal spot to enjoy your morning coffee or unwind at the end of the day. The versatile interior bedroom offers flexibility as a guest room, home office, or space for a roommate, while the spacious primary bedroom features two large windows, a convenient ensuite and a walk-through closet. Additional highlights include a second bathroom, in-suite laundry, a titled parking stall in the heated underground parkade, and the peace and quiet that comes with a top-floor location and no neighbours above. Extensive upgrades throughout include flooring, cabinetry, countertops, tile, and appliances. Conveniently located close to shopping, grocery stores, restaurants, and everyday amenities, this stylish condo delivers exceptional value for buyers seeking comfort, convenience, and low-maintenance living. More detailsListed by RE/MAX House of Real Estate- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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2305 2371 Eversyde Avenue SW in Calgary: Evergreen Apartment for sale : MLS®# A2322628
2305 2371 Eversyde Avenue SW Calgary T2Y 4S3
$274,900Residential- Status:
- Active
- MLS® Num:
- A2322628
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 856 sq. ft.
Welcome to this bright and inviting top-floor condo in the sought-after community of Evergreen. Offering 2 bedrooms, 2 full bathrooms, and titled underground parking, this well-designed home combines comfort, convenience, and a peaceful setting. The open-concept layout creates a seamless flow between the kitchen, dining, and living areas, making everyday living and entertaining effortless. The centrally located kitchen features ample counter space, a breakfast bar, and excellent sightlines throughout the main living space. Large patio doors fill the home with natural light and lead to a covered balcony, the perfect place to enjoy your morning coffee or unwind while taking in the quiet surroundings. The spacious primary retreat features a walk-through closet and private 4-piece ensuite, while the second bedroom and full bathroom are thoughtfully positioned on the opposite side of the unit, providing ideal separation for guests, roommates, or a home office. You'll also appreciate the generous in-suite laundry and storage room, underground parking, and the convenience of having all utilities included in the condo fees. Nestled in the established community of Evergreen, this home offers a balance of urban convenience and natural beauty. Enjoy easy access to shopping, restaurants, schools, parks, and public transit, while nearby Fish Creek Provincial Park provides endless opportunities for walking, cycling, and outdoor recreation. Commuters will appreciate the quick connection to Stoney Trail, making travel throughout Calgary simple and efficient. Whether you're a first-time buyer, downsizer, or investor, this move-in-ready home offers exceptional value in a quiet, well-maintained community you'll love coming home to. Book your showing today. More detailsListed by Century 21 Bravo Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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203 3111 34 Avenue NW in Calgary: Varsity Apartment for sale : MLS®# A2322775
203 3111 34 Avenue NW Calgary T2L 0Y2
$319,900Residential- Status:
- Active
- MLS® Num:
- A2322775
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 569 sq. ft.
Welcome to "Varsity 3111" — This second-floor, east-facing Varsity condo is just steps from the University of Calgary, Brentwood Village Shopping Centre, transit, restaurants, coffee shops and everything you really need!. Foothills Hospital and Alberta Children's Hospital are also both close-by (10 minutes), making this a convenient spot for students, healthcare professionals or anyone wanting easy access to the university and hospital corridor. That east exposure means cool summertime comfort. The open-concept layout makes good use of space, with a maple kitchen and spacious breakfast bar perfect for casual dining, entertaining or working from home. In-suite laundry adds everyday convenience, and secure titled underground parking and a titled storage locker are included. The building itself is secure, professionally managed and well looked after, with controlled access, underground visitor parking, bike storage and a fitness gym. There’s a healthy reserve fund for long-term peace of mind. The low condo fees include heat and water. Whether you're looking for a low-maintenance lock-and-leave lifestyle or a well-located home close to transit, parks and amenities — this condo puts you right in the middle of one of Calgary's most connected Northwest communities! More detailsListed by RE/MAX Complete Realty- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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707 1410 1 Street SE in Calgary: Beltline Apartment for sale : MLS®# A2319090
707 1410 1 Street SE Calgary T2G 5T7
$250,000Residential- Status:
- Active
- MLS® Num:
- A2319090
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 587 sq. ft.
Welcome to Sasso, where urban living meets unbeatable convenience in the heart of Calgary's Beltline. Perched high above the city, this bright corner-unit condo offers incredible views of Downtown, the Stampede Grounds, and even the mountains beyond. With 587 square feet of thoughtfully designed living space, this one-bedroom, one-bathroom home is the perfect fit for professionals, first-time buyers, or investors looking for a premium downtown location. Floor-to-ceiling windows flood the home with natural light, while the open-concept layout creates a spacious and inviting feel throughout. The kitchen offers ample cabinetry, generous prep space, sleek black appliances, and a functional design that seamlessly connects to the living and dining areas—ideal for entertaining or simply enjoying the view after a long day. The spacious primary bedroom is bright and comfortable, while the convenience of in-suite laundry makes everyday living effortless. This unit also includes a titled underground parking stall and an assigned storage locker for added practicality. Residents of Sasso enjoy an impressive lineup of amenities, including a fitness centre, hot tub, recreation room, and air conditioning for those warm Calgary summer days. Step outside and you're just moments from 17th Avenue, the Saddledome, Stampede Park, MNP Community & Sport Centre, Sunterra Market, Olympic Plaza, great restaurants, coffee shops, nightlife, and the Victoria Park/Stampede C-Train Station. If you've been searching for a move-in-ready downtown condo with views, amenities, and walkable access to everything Calgary has to offer, this is one you'll want to see. More detailsListed by Royal LePage Benchmark- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Data was last updated June 20, 2026 at 10:05 AM (UTC)
What Kind of Calgary Condo Can You Buy Under $500,000?
In Calgary, a budget under $500,000 can open the door to a wide range of condo options. Buyers may find compact downtown apartments, larger two-bedroom units, newer suburban condos, and select properties with underground parking, balconies, storage, fitness rooms, or concierge-style amenities.
The best fit often depends on your priorities. Inner-city condos may offer shorter commutes, walkable restaurants, and access to the CTrain or river pathways, while suburban condos may provide newer construction, larger floor plans, lower price per square foot, and quieter residential settings.
Popular Areas for Condos Under $500K in Calgary
Calgary condos under $500,000 can be found in many parts of the city, from established inner-city neighbourhoods to newer suburban communities. Availability changes with market conditions, but buyers often compare areas based on commute time, building age, condo fees, walkability, transit access, parking, and nearby amenities.
- Downtown Calgary: High-rise and apartment-style condos close to offices, restaurants, transit, and entertainment.
- Beltline: A popular choice for walkability, nightlife, newer condo towers, and quick access to the downtown core.
- Mission and Erlton: Inner-city condo options near the Elbow River, 4th Street, shops, cafes, and pathways.
- Seton and Mahogany: Newer southeast communities with modern condo buildings, shopping, recreation, and lake-community appeal nearby.
- Sage Hill and Evanston: North Calgary areas with newer developments, larger floor plans, and convenient access to major roads.
- University District and Brentwood: Strong options for buyers who want access to the University of Calgary, Foothills Medical Centre, transit, and northwest amenities.
Tips for Buying a Calgary Condo Under $500,000
When comparing condos under $500,000, the purchase price is only one part of the decision. Condo fees, reserve fund health, parking, storage, building age, bylaws, pet rules, rental restrictions, insurance coverage, and upcoming maintenance can all affect the true cost and long-term value of a property.
- Review condo fees carefully: Check what is included, such as heat, water, insurance, parking, amenities, or utilities.
- Look at the reserve fund: A healthy reserve fund can help reduce the risk of unexpected special assessments.
- Confirm parking and storage: Underground parking, titled stalls, assigned stalls, and storage lockers can make a major difference.
- Check building bylaws: Pet restrictions, short-term rental rules, age restrictions, and renovation rules vary by building.
- Compare price per square foot: This can help you understand value between buildings, neighbourhoods, and unit sizes.
- Think about resale: Layout, natural light, balcony space, views, noise, transit access, and building reputation can affect future demand.
Calgary Condo Fees and Monthly Costs
Condo fees are an important part of buying a Calgary condo under $500,000. A lower purchase price does not always mean a lower monthly cost, especially if the building has higher fees, upcoming repairs, or limited services included. Comparing the full monthly payment can help you choose a condo that fits your budget more comfortably.
Common monthly costs may include your mortgage payment, condo fees, property taxes, home insurance, electricity, internet, and any parking or storage costs that are not included with the unit. Some buildings include heat, water, gas, amenities, or professional management in the condo fee, while others separate more costs out.
Who Buys Condos Under $500K in Calgary?
Condos under $500,000 appeal to many different Calgary buyers. First-time buyers often like the lower entry price compared with detached homes, while downsizers may prefer less maintenance and easier access to amenities. Investors may also look at this price range for rental potential, especially near transit, schools, hospitals, downtown offices, and major employment areas.
This price range can also work well for buyers relocating to Calgary who want a manageable home base while they learn the city. Whether you want a walkable inner-city condo, a newer suburban unit, or a low-maintenance property close to work, comparing buildings and neighbourhoods carefully can help you find the right fit.
Calgary Condos Under $500K by Lifestyle
The right condo often depends on how you want to live day to day. Some buyers want a lock-and-leave home near restaurants, pathways, and entertainment, while others prefer a quieter building with more space, parking, and easy access to major roads. Calgary offers both styles, and the under-$500,000 range can include a surprisingly broad mix of options.
- Walkable urban living: Look at Beltline, Downtown, Eau Claire, East Village, Mission, Kensington, and Sunnyside.
- Transit-friendly condos: Compare buildings near CTrain stations, major bus routes, downtown, the University of Calgary, SAIT, and Chinook.
- Newer suburban condos: Search areas such as Seton, Mahogany, Sage Hill, Nolan Hill, Walden, Legacy, and Livingston.
- Investor-friendly locations: Consider areas near downtown, hospitals, post-secondary schools, business parks, and future transit growth.
- Downsizer-friendly buildings: Focus on elevator access, titled parking, storage, quiet layouts, visitor parking, and nearby shopping or medical services.
Questions to Ask Before Buying a Calgary Condo
Before writing an offer on a condo, it is important to understand both the unit and the building. A great-looking condo can still come with rules, costs, or future repairs that affect your decision. Reviewing the right documents and asking the right questions can help you avoid surprises after possession.
- What do the condo fees include? Confirm utilities, insurance, amenities, management, reserve fund contributions, and maintenance responsibilities.
- Are there any planned special assessments? Ask about upcoming building repairs, major projects, or funding concerns.
- How healthy is the reserve fund? Review the reserve fund study, financial statements, and recent board minutes.
- Are pets allowed? Check the bylaws for size, breed, number of pets, and approval requirements.
- Can the unit be rented? Confirm rental rules, short-term rental restrictions, and any building policies that may affect investors.
- Is parking titled, assigned, leased, or optional? Parking ownership can affect value, resale, and financing.
- What is the building’s insurance deductible? Higher deductibles may affect your personal condo insurance needs.
Calgary Condo Market Considerations Under $500,000
The Calgary condo market can move differently from detached homes, townhomes, and luxury properties. Condos under $500,000 often attract first-time buyers, investors, downsizers, students, and relocation buyers, so demand can change quickly based on interest rates, rental conditions, inventory levels, and affordability.
When comparing listings, look beyond the asking price. Recent comparable sales, days on market, building history, condo fees, unit condition, parking, views, floor level, and available inventory in the same neighbourhood can all influence whether a condo is priced well. A local market review can help you decide when to act quickly and when there may be room to negotiate.
Get Help Finding a Calgary Condo Under $500,000
If you are comparing Calgary condos under $500,000, having local guidance can make the search much easier. The right condo is not only about price; it is also about the building, monthly costs, bylaws, location, resale potential, and how well the property fits your plans.
Contact us for help narrowing your options, reviewing condo documents, comparing recent sales, and finding Calgary condos that match your budget, lifestyle, and timeline.
Calgary Condos Under $500,000 FAQ
Can I buy a condo in Calgary for under $500,000?
Yes. Calgary regularly has condo listings under $500,000, including one-bedroom, two-bedroom, and select larger units depending on the neighbourhood, building age, amenities, and market conditions.
What areas have Calgary condos under $500K?
Condos under $500,000 may be available in areas such as Beltline, Downtown, East Village, Mission, Sunnyside, Brentwood, Sage Hill, Seton, Mahogany, Walden, Legacy, and other communities across Calgary.
Are condo fees included in the $500,000 price?
No. The list price is separate from monthly condo fees. Condo fees vary by building and may include items such as heat, water, insurance, maintenance, amenities, management, or reserve fund contributions.
Are Calgary condos under $500,000 good for first-time buyers?
They can be. Condos under $500,000 are often attractive to first-time buyers because they may offer a lower entry price than detached homes or larger townhomes, with less exterior maintenance.
Should I get condo documents reviewed before buying?
Yes. Condo documents can reveal important details about the building’s finances, bylaws, reserve fund, insurance, meeting minutes, maintenance plans, and possible special assessments.
Location
130, 703 - 64th Ave. S.E.
Calgary, AB, T2H 2C3