Calgary Condos for Sale: Great Options Under $500,000

Welcome to our Calgary Condos for sale ranging in price from $300,000 to $500,000 real estate page, where you will find the most up-to-date listings of condos for sale in Calgary under $500,000. Condominiums in Calgary are diverse and offer a wide range of options to potential buyers. Calgary has a mix of condo/apartments, with a range of different styles and prices to suit different budgets and preferences. Condos for sale in Calgary can also vary in price depending on factors such as location, size, and condition of the property.
Mid-range condos: These 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.

I am alway here to answer your question, whether you are looking to sell your Calgary home or purchase a home in 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 Calgary, Alberta, anybody would be lucky enough to call one their own.

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 

CONTACT DIANE RICHARDSON

When any Calgary Real Estate Listing 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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302 4820 47 Avenue
Downtown Red Deer (Red Deer) Red Deer T4N 6B9

$99,000
Residential beds: 1 baths: 1.0 495 sq. ft. built: 1977

Main Photo: 302 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2162795
Photo 1: 302 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2162795
Photo 2: 302 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2162795
Photo 3: 302 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2162795
Photo 4: 302 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2162795
Photo 5: 302 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2162795
Photo 6: 302 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2162795
Photo 7: 302 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2162795
Photo 8: 302 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2162795
Photo 9: 302 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2162795
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2162795
Bedrooms:
1
Bathrooms:
1
Year Built:
1977
Lexington Place offers a unique combination of affordable quality living in a central location near the heart of downtown. The building is walking distance to transit, the main city bus depot, medical services, Red Deer Hospital and Retail shopping centers. The building contains 55 units and was purchased in 2009 by Platinum Properties Group Corporation and is currently managed by Laidley Management Ltd. This is a great opportunity for a potential buyer to enter the housing market, stop paying rent and start building equity. The one bedroom is located on the 3rd floor of the five- story building and faces West, so you can enjoy the afternoon sun. Accessible by elevator or stairs, the suite is approximately 505 sq ft and contains ceramic tile in the entrance and kitchen, laminate hardwood in the living room and carpet in the bedroom. It has been painted a neutral cream throughout within the past five years. The galley kitchen includes a fridge and stove, with plenty of storage. The bedroom is roomy and contains ample closet space. The suite was updated in 2010 and while it could use a few cosmetic updates, it is move in ready and ready for someone to call it home!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional
Transaction Type:
For Sale
Suite:
No
Home Style:
Apartment
Total Living Area:
495 sq. ft.
Condo Fee:
$325.95
Condo Fee Includes:
Caretaker, Common Area Maintenance, Electricity, Gas, Heat, Parking, Professional Management, Reserve Fund Contributions, Residential Manager, Sewer, Snow Removal, Trash, Water
HOA Fee Frequency:
Monthly
Front Exposure:
East
Unit Exposure:
West
Floor Location:
Top
Entry Level:
1
Stories Total:
5
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
3
Year built:
1977 (Age: 47)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
0921807
Heating:
Boiler
New Constr.:
No
Construction Material:
Concrete
Structure Type:
High Rise (5+ stories)
Roof:
Tar/Gravel
Ensuite:
No
Flooring:
Carpet, Laminate
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Asphalt, Parking Pad
Parking Places:
2.0
Parking Total/Covered:
2 / -
HOA Fee:
$394.60
Condo Fee Frequency:
Monthly
Z-name Not Listed
Downtown Red Deer (Red Deer)
Coin Laundry
Electric Stove, Refrigerator
None
Call Lister
Restrictions
Floor
Type
Size
Other
Main Floor
Living Room
17'2" × 10'5"
Main Floor
Kitchen
6'8" × 6'4"
Main Floor
Bedroom - Primary
14'9" × 10'3"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
Title to Land:
Fee Simple
Community Features:
None
Interior Features:
No Smoking Home, Open Floorplan
Exterior Features:
Balcony
Patio And Porch Features:
None
Num. of Parcels:
0
Region:
Red Deer
Zoning:
C1
Listed Date:
Sep 10, 2024
  • Photo 1: 302 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2162795
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  • Photo 2: 302 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2162795
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  • Photo 3: 302 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2162795
    Photo 3 of 9
  • Photo 4: 302 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2162795
    Photo 4 of 9
  • Photo 5: 302 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2162795
    Photo 5 of 9
  • Photo 6: 302 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2162795
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  • Photo 7: 302 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2162795
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  • Photo 8: 302 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2162795
    Photo 8 of 9
  • Photo 9: 302 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2162795
    Photo 9 of 9
Listed by CIR Realty
Data was last updated November 11, 2024 at 06:05 AM (UTC)
Area Statistics
Listings on market:
212
Avg list price:
$472,450
Min list price:
$79,900
Max list price:
$2,200,000
Avg days on market:
37
Min days on market:
2
Max days on market:
294
Avg price per sq.ft.:
$324.84
These statistics are generated based on the current listing's property type and located in Red Deer. Average values are derived using median calculations.
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.