Nowadays, the gap between rental prices and mortgage payments is ever-changing, especially in Vancouver. Fortunately, if you’re looking for a new place to call home, there are some fantastic condos for sale in Vancouver for under $500k – if you can believe it!

Not only are these homes well-maintained, but they’re also well-located, with close access to transit, amenities, and nature.

So with that in mind, here are a few condos for sale in Vancouver for under $500k that are worth checking out.

17661 58A Avenue 313, Surrey – $399,988

condos for sale vancouver
Photo via Royal LePage – Wolstencroft / Point2Homes

We’re starting off with the most affordable property on the list – and it also happens to be the only listing that’s two-bedroom! Located in the heart of Cloverdale, Wyndham Estate is conveniently located within walking distance of plenty of great eats, shopping, and entertainment.

If you’re keen on checking it out in person, the open house is coming up on Saturday, March 25th.

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20834 80 Avenue A611, Langley – $420,000

condos for sale vancouver
Photo via Stonehaus Realty Corp. / Point2Homes

This Langley penthouse is perfect for a single-family, centrally located in the heart of Willoughby, and built by award-winning RDG Development. The modern, airy space is pet-friendly, and there’s a storage locker, shared exercise centre, recreation room, and laundry in the building.

836 Twelfth Street 117, New Westminster – $418,000

Photo via Team 3000 Realty Ltd. / Point2Homes

Located at the West End of New West (try saying that five times fast…) this one-bed/one-bath condo boasts new appliances, flooring, and a completely renovated washroom. It’s centrally located near transit and school, including Douglas College, Moody Park, Royal City Shopping Centre, and much more.

And that’s a wrap on some condos for sale in Vancouver for under $500K. Happy house hunting!