Downtown East Village, Calgary · MLS® A2346075
111
641 sq ft · Condo · Single Family · built 2015 · 38 days on market
listed by Joshua Chow, Grand Realty
Welcome to Evolution, a bright, spacious, upscale 1-bedroom + den condo in Calgary’s vibrant East Village. Recently refreshed throughout, the entire unit has been freshly repainted and thoughtfully touched up, creating a clean, bright, like-new feel that truly sets this home apart. Built by Vancouver-based Embassy Bosa, this quality concrete-and-glass tower offers refined downtown living just steps from the RiverWalk, Bow River pathways, the Simmons Building, Phil & Sebastian, Studio Bell, the Central Library, Superstore, the Saddledome, the C-Train, and some of Calgary’s most walkable neighborhoods including Inglewood, Bridgeland, Chinatown, and Eau Claire. This south-facing home is filled with natural light year-round through floor-to-ceiling windows, with views toward the Saddledome and even glimpses of the Bow River from the balcony. In July, enjoy the rare luxury of watching Stampede fireworks from the comfort of home. The open-concept layout features high-end finishes throughout, including a spacious kitchen with bar seating, gas range, garburator, Samsung fridge with icemaker, and upgraded LG appliances including an LG WashTower, dishwasher, and microwave. The separate den is ideal for a home office, nursery, or flex space. The spa-inspired bathroom stands out with heated floors, a deep soaker tub, and a quiet Panasonic WhisperChoice fan. Year-round comfort comes from the Mitsubishi-based heating and air conditioning system, while summer evenings are made for the balcony with the included Weber gas BBQ. Additional highlights include: Heated underground parking stall in a premium end-corner location near the elevators; Storage locker; Blackout curtains in the bedroom; Concrete construction for enhanced comfort and quiet. Evolution residents enjoy premium amenities including concierge service, overnight security, two fitness centres, steam room, sauna, party room, heated visitor parking, and an elevated garden terrace with BBQs. Move-in ready and exceptionally well-appointed, this is an outstanding opportunity to own in one of Calgary’s most sought-after downtown communities.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,416 · tax $195 · strata $563 · 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, 400 m (about 6 min walk); Bridgeland/Memorial CTrain station, 700 m (about 11 min walk).
$348,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $348,000 |
| 2025 | $379,500 |
| 2024 | $354,000 |
| 2023 | $335,500 |
| 2022 | $314,000 |
| 2021 | $312,000 |
| 2020 | $307,500 |
| 2019 | $346,000 |
From City of Calgary open data (property assessments), matched to 1006 519 RIVERFRONT 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 $2,314 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $2,345 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.
Rapid transit: City Hall/Bow Valley College CTrain station, 400 m (about 6 min walk); Bridgeland/Memorial CTrain station, 700 m (about 11 min walk).
Walkability 98/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 20 places to eat or drink, 12 cafes, 12 parks and playgrounds, 2 pharmacies, 24 transit stops.
mihom score from OpenStreetMap places, by straight line distance.