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1005, 205 Riverfront Avenue SW
homes for sale · Calgary · Chinatown
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$695,000

1005, 205 Riverfront Avenue SW

Chinatown, Calgary · MLS® A2352852

221

1,401 sq ft · Condo · Single Family · built 2001 · 1 day on market

listed by Matt Williams, RE/MAX Realty Professionals

realtor's description

With approximately $200,000 invested in renovations since purchased, this extensively updated SUB-PENTHOUSE offers nearly 1,400 square feet of living space, a size increasingly difficult to find in Calgary’s inner-city condominium market. Constructed of red brick + concrete, the building is solid and creates a quiet residential environment. The thoughtfully renovated interior features two bedrooms, two full bathrooms, engineered red oak hardwood flooring, and expansive floor-to-ceiling windows offering abundant natural light alongside panoramic downtown views. The open-concept floor plan includes a completely redesigned kitchen with custom cabinetry, quartz countertops, an induction cooktop, and contemporary hood fan. Adjoining living and dining areas provide generous space for everyday use or entertaining, complemented by a fireplace overlooking the city skyline. The primary suite features a large walk-in closet and renovated ensuite with dual vanities and a spacious shower. A second bedroom offers excellent flexibility with a custom $25,000 Italian wall bed by Ciel, allowing the room to function as guest accommodation, a home office, or additional lounge area. This versatile space also includes floor-to-ceiling windows, ample closet storage, and convenient access to another beautifully renovated bathroom featuring a bathtub and upgraded finishes. A separate laundry room provides extensive built-in cabinetry and additional storage. One of the property's most notable features is its 300-square-foot private terrace, providing substantial outdoor living space with sweeping downtown views. Additional amenities include central air conditioning, remote-controlled window blinds, a titled parking stall in a premium location within the heated parkade, and full-time concierge service. Combining generous interior proportions, extensive improvements, and exceptional outdoor space, this sub-penthouse offers the advantages of concrete construction within one of Calgary's most w alkable inner-city communities.

property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
1,401 sq ft
parking
1
year built
2001
property tax
$4,788 / yr
strata fee
$1,204 / mo ($0.86 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
1
MLS®
A2352852

features

  • Closet Organizers
  • No Animal Home
  • No Smoking Home
  • Parking
  • Pets Allowed With Restrictions
  • Refrigerator

monthly cost

$4,631/mo
Mortgage $3,028 · Tax $399 · Strata $1,204

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$3,028/ monthly
loan $556,000
25-year amortization
total interest
$352,415
land title fees
$1,355
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$140,355
down + land title fees
total paid
$908,415

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent
$1,840/mo
after all costs
−$2,973/mo
cap rate
0.1%
yearly net rent ÷ price

Costs: mortgage $3,028 · tax $399 · strata $1,204 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Calgary: CMHC's average there ($1,908) 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

location

Chinatown, CalgaryGoogle Maps ↗

Rapid transit: 1 Street Southwest CTrain station, 600 m (about 9 min walk); 3 Street Southwest CTrain station, 700 m (about 10 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Sunnyside School1.1 km
  • Middle · CBE Riverside School1.2 km
  • Secondary · CBE Crescent Heights High School1.1 km
  • Elementary · Catholic St. Monica School1.7 km
  • Secondary · Catholic St. Mary's High School1.7 km

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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Matt Williams
RE/MAX Realty Professionals
call Matt · 403-259-4141
Powered by: REALTOR.ca

similar homes nearby

property tax

about $4,622 a year

The asking price times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).

The listing shows $4,788 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. Without the city's assessment this uses the asking price, so it's a rough guide.

location

Chinatown, CalgaryGoogle Maps ↗

Rapid transit: 1 Street Southwest CTrain station, 600 m (about 9 min walk); 3 Street Southwest CTrain station, 700 m (about 10 min walk).

Drive times
  • Calgary Chinese Private1 min
  • Downtown Calgary3 min
  • Lady Fatima Academy3 min
  • Bow Valley College3 min
  • Sheldon M. Chumir Health Centre5 min
  • YYC airport19 min
96

Walkability 96/100 · Very walkable: most errands on foot

Within a 10 minute walk: 1 grocery store, 66 places to eat or drink, 23 cafes, 15 parks and playgrounds, 1 pharmacy, 41 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

301, 51 Waterfront Mews SW, Calgary
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301, 51 Waterfront Mews SW, Calgary, photo 6
301, 51 Waterfront Mews SW, Calgary, photo 7
301, 51 Waterfront Mews SW, Calgary, photo 8
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913, 222 Riverfront Avenue SW, Calgary, photo 2
913, 222 Riverfront Avenue SW, Calgary, photo 3
913, 222 Riverfront Avenue SW, Calgary, photo 4
913, 222 Riverfront Avenue SW, Calgary, photo 5
913, 222 Riverfront Avenue SW, Calgary, photo 6
913, 222 Riverfront Avenue SW, Calgary, photo 7
913, 222 Riverfront Avenue SW, Calgary, photo 8
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913, 222 Riverfront Avenue SW
Chinatown, Calgary19 days on market
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22
1615, 222 Riverfront Avenue SW, Calgary
1615, 222 Riverfront Avenue SW, Calgary, photo 2
1615, 222 Riverfront Avenue SW, Calgary, photo 3
1615, 222 Riverfront Avenue SW, Calgary, photo 4
1615, 222 Riverfront Avenue SW, Calgary, photo 5
1615, 222 Riverfront Avenue SW, Calgary, photo 6
1615, 222 Riverfront Avenue SW, Calgary, photo 7
1615, 222 Riverfront Avenue SW, Calgary, photo 8
Condo
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1126, 222 Riverfront Avenue SW, Calgary
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104, 128 Waterfront Court SW, Calgary
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104, 128 Waterfront Court SW, Calgary, photo 3
104, 128 Waterfront Court SW, Calgary, photo 4
104, 128 Waterfront Court SW, Calgary, photo 5
104, 128 Waterfront Court SW, Calgary, photo 6
104, 128 Waterfront Court SW, Calgary, photo 7
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