Downtown East Village, Calgary · MLS® A2323297
11
411 sq ft · Condo · Single Family · built 2017 · 123 days on market
listed by Michael Burton, RE/MAX Realty Professionals
Welcome to N3 in East Village, a groundbreaking high rise apartment literally steps from the central library, shops and amenities, transit, and more! This simple unit is perfect for a new homeowner or for an investment property. A one-bed, one-bath unit with a kitchen and living room space provides a space to call your own for an amazing entry price. The surprisingly spacious kitchen provides plenty of storage, and the lower left cabinet also contains the in-unit washer/dryer. A balcony overlooks the central library for a unique Calgary Downtown view! Windows throughout provide great light as well. Further benefits of N3 are the bike storage and assigned storage unit in the basement level, as well as an exercise area, visiting area, and outdoor roof patio with barbecue area and more amazing views of the bow river, studio bell, and city skylines. Designed with intention, N3 capitalizes on its location and provisions, giving you everything you need just a block or two away. From the superstore around the corner for your day-to-day shopping; to the c-train (freefare zone) for easy access anywhere nearby, especially with both the red and blue line connections; to the Saddledome and Stampede grounds for those Summer rodeo days or Winter hockey games; East Village's N3 comes with all of the downtown conveniences you can wish for, and then some!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $823 · tax $133 · strata $366 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Calgary: CMHC's average there ($1,581) lowered by what new tenants pay against everyone in the Calgary area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
Nearest public (CBE) and Catholic schools, by distance
The nearest school isn't always the designated one, and Calgary's boards don't publish their boundaries as open data. Check this address with the CBE school finder or Calgary Catholic's. School locations: City of Calgary open data.
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Rapid transit: City Hall/Bow Valley College CTrain station, 200 m (about 4 min walk); Centre Street CTrain station, 600 m (about 9 min walk).
Rapid transit: City Hall/Bow Valley College CTrain station, 200 m (about 4 min walk); Centre Street CTrain station, 600 m (about 9 min walk).
Walkability 97/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 33 places to eat or drink, 18 cafes, 10 parks and playgrounds, 1 pharmacy, 38 transit stops.
mihom score from OpenStreetMap places, by straight line distance.
$239,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $239,500 |
| 2025 | $254,500 |
| 2024 | $217,500 |
| 2023 | $205,000 |
| 2022 | $202,500 |
| 2021 | $195,000 |
| 2020 | $213,500 |
| 2019 | $229,500 |
From City of Calgary open data (property assessments), matched to 1003 450 8 AV SE. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,593 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,592 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.