New Homes in Calgary Under $500,000 | Calgary new build homes under $500K New homes in Calgary under $500,000

Discover a variety of new homes in Calgary under $500,000, offering modern designs, energy-efficient features, and exceptional value. Whether you are a first-time homebuyer or looking for a budget-friendly upgrade, Calgary's real estate market has plenty to offer.

Explore Calgary new build homes under $500K, including affordable townhomes in Calgary’s vibrant neighborhoods, energy-efficient homes with smart technology, and stylish condos with open-concept layouts. These properties are designed to suit various lifestyles and budgets.

Calgary is home to an array of new developments, each offering proximity to top-rated schools, recreational facilities, and shopping centers. Whether you’re seeking a family-friendly community or a modern urban condo, Diane Richardson is here to assist you in navigating the Calgary real estate market and finding the perfect home under $500,000.

Contact Diane Richardson

Phone: 403.397.3706

Email: diane@mypadcalgary.com

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504 116 3 Avenue SE
Chinatown Calgary T2G 5A9

$119,500
Residential beds: 1 baths: 1.0 355 sq. ft. built: 1981

Main Photo: 504 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2192833
Photo 1: 504 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2192833
Photo 2: 504 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2192833
Photo 3: 504 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2192833
Photo 4: 504 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2192833
Photo 5: 504 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2192833
Photo 6: 504 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2192833
Photo 7: 504 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2192833
Photo 8: 504 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2192833
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Photo 20: 504 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2192833
Photo 21: 504 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2192833
Photo 22: 504 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2192833
Photo 23: 504 116 3 Avenue SE in Calgary: Chinatown Apartment for sale : MLS®# A2192833
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2192833
Bedrooms:
1
Bathrooms:
1
Year Built:
1981
Location! Location! Location! Don't miss this incredible opportunity to own an one bedroom condo in the heart of Calgary’s vibrant Chinatown, offering breathtaking Bow River and city skyline views. This well-maintained 1-bedroom, 1-bathroom unit spans over 355 sq. ft. and is perfect for first-time home buyers, investors, or those looking to downsize. Featuring a North-facing balcony, this bright and functional space ensures both comfort and convenience, with ALL utilities (heat, water, sewer and electricity) included in the condo fees, making budgeting effortless. Situated just steps from the Bow River, enjoy scenic river walks, biking paths, and outdoor leisure. The prime downtown location provides easy access to top-rated restaurants, bakeries, supermarkets, banks, and excellent transit connectivity, while being just minutes from Prince’s Island Park, Superstore, shopping, and entertainment. Whether you're looking for a great rental investment or your first home, this is a fantastic opportunity in a highly sought-after location. Only asking for $127,000, you probably need cash to purchase because of the size under 400 sqft.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Apartment-High-Rise (5+)
Total Living Area:
355 sq. ft.
Main Level Finished Area:
355 sq. ft.
Condo Fee:
$400.50
Condo Fee Includes:
Common Area Maintenance, Electricity, Heat, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Water
Front Exposure:
South
Unit Exposure:
Northeast
Floor Location:
Other
Entry Level:
5
Stories Total:
10
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
3
Year built:
1981 (Age: 44)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
9810495
Heating:
Baseboard, Natural Gas
Builder:
Sunrise Apartment
New Constr.:
No
Construction Material:
Brick
Structure Type:
High Rise (5+ stories)
Roof:
Asphalt/Gravel
Ensuite:
No
Flooring:
Laminate, Tile, Wood
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
None
Parking Places:
0
Parking Total/Covered:
0 / -
Laundry Features:
Common Area, Laundry Room
Condo Fee Frequency:
Monthly
Z-name Not Listed
Chinatown
Coin Laundry, Elevator(s)
Electric Stove, Range Hood, Refrigerator, Window Coverings
n/a
Pets Not Allowed
No
Floor
Type
Size
Other
Main Floor
Kitchen
8' × 7'6"
Main Floor
Living Room
13' × 7'11"
Main Floor
Bedroom
11'4" × 5'8"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5' x 8'
Title to Land:
Fee Simple
Community Features:
Playground, Shopping Nearby, Street Lights, Walking/Bike Paths
Interior Features:
No Animal Home, No Smoking Home
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
DC
Listed Date:
Feb 10, 2025
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Listed by First Place Realty
Data was last updated April 24, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
34
Avg list price:
$349,900
Min list price:
$115,000
Max list price:
$1,950,000
Avg days on market:
29
Min days on market:
9
Max days on market:
241
Avg price per sq.ft.:
$619.11
These statistics are generated based on the current listing's property type and located in Chinatown. 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.