If you’ve been watching Calgary’s condo market climb over the past few years, you’ve probably wondered — is there anywhere left in this city where a buyer can still find a deal? The answer is yes.
Based on MLS® data from the past 12 months, these 10 Calgary communities offered some of the lowest average sold prices for apartment-style condos — and not just the odd one-off sale. Each community also saw a healthy number of transactions, proving there’s still real activity at the entry level.
$174,000 Forest Lawn
$192,000 Banff Trail
$202,000 Greenview
$208,000 Chinook Park
$208,000 Penbrooke Meadows
$210,000 Thorncliffe
$214,000 Bowness
$219,000 Canyon Meadows
$221,000 Southwood
$223,000 Rosscarrock
What These Numbers Tell Us
Each of these communities has its own character and advantages — but they share one thing in common: affordability with upside.
Forest Lawn continues to be Calgary’s value leader. For buyers willing to look past reputation and focus on fundamentals, this area offers some of the best cash-flow potential in the city.
Banff Trail and Chinook Park surprise many people by showing up on this list — proximity to the University of Calgary and Chinook Centre makes these pockets interesting for students, staff, and investors alike.
Bowness and Canyon Meadows bring lifestyle value — near parks, transit, and established amenities — all while staying within reach of first-time buyers.
Communities like Southwood, Rosscarrock, and Thorncliffe often attract renovators and smart investors looking for older buildings in strong, central locations.
📈 Why It Matters
Condos remain the gateway into Calgary real estate ownership, especially with detached and semi-detached homes now averaging well north of $700,000.
In a market where affordability is tightening, condos in these 10 communities continue to provide options for:
First-time buyers priced out of other segments
Downsizers looking to cash out equity but stay in Calgary
Investors who want low maintenance and strong rental demand
With population growth and in-migration still fueling Calgary’s housing demand, today’s affordable condo could be tomorrow’s smart investment.
🤝 Final Thoughts
If you’re looking to get started in real estate ownership — or add a solid rental to your portfolio — these communities are where the smart money’s quietly moving in.
As always, I can help you dig deeper into each area’s current listings, building histories, condo fees, and rental potential before you write an offer.