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101, 550 Westwood Drive SW
homes for sale · Calgary · Westgate
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$200,000

101, 550 Westwood Drive SW

Westgate, Calgary · MLS® A2350654

211

821 sq ft · Condo · Single Family · built 1981 · 13 days on market

listed by Stephanie Campbell, Royal LePage Benchmark

realtor's description

Welcome to Sandhurst Village in the established and desirable community of Westgate! This spacious, freshly painted main floor corner unit offers an abundance of natural light with extra windows, along with a private patio and convenient access to covered parking. The functional layout features a walk-through kitchen that opens to the dining area and living room, creating a comfortable space for everyday living and entertaining. The generous primary bedroom accommodates a king-sized bed and additional furniture, with a walk-through closet leading to the cheater ensuite. The spacious second bedroom offers flexibility for guests or a home office. The kitchen features a newer refrigerator, and a large in-suite storage room provides additional space for your belongings. One covered assigned parking stall is included, with easy access from the unit and additional street parking available nearby. Residents enjoy excellent building amenities, including a fitness centre and recreation room, along with shared laundry facilities. The building has seen several important upgrades in recent years, including the boiler, intercom system, siding, windows, and doors. Professionally managed, the condominium also offers reasonable condo fees. Enjoy a convenient location just minutes walk from 45 Street C-Train Station, with easy access to downtown, Bow Trail, Sarcee Trail, and 17th Avenue SW. Nearby amenities include Westbrook Mall, Westhills Shopping Centre, schools, parks, restaurants, Edworthy Park, the Bow River pathway system, and Shaganappi Point Golf Course. With its spacious layout, desirable corner-unit location, and easy access to transit, shopping, and recreation, this home is an excellent opportunity for first-time buyers, downsizers, or investors alike.

property details

type
Condo, Single Family
bedrooms
2
bathrooms
1
living area
821 sq ft
parking
1
year built
1981
property tax
$1,632 / yr
strata fee
$529 / mo ($0.64 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
13
MLS®
A2350654

features

  • See remarks
  • Other
  • Guest Suite
  • Parking
  • Pets Allowed With Restrictions
  • Refrigerator

monthly cost

$1,537/mo
Mortgage $871 · Tax $136 · Strata $529

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

estimated payment
$871/ monthly
loan $160,000
25-year amortization
total interest
$101,414
land title fees
$460
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$40,460
down + land title fees
total paid
$261,414

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
$121/mo
cap rate
6.0%
yearly net rent ÷ price

Costs: mortgage $871 · tax $136 · strata $529 · 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

Westgate, CalgaryGoogle Maps ↗

Rapid transit: 45 Street CTrain station, 100 m (about 2 min walk); Sirocco CTrain station, 1 km (about 16 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Glenmeadows School593 m
  • Middle · CBE Vincent Massey School539 m
  • Secondary · CBE Ernest Manning High School2.5 km
  • Elementary · Catholic St. Michael School643 m
  • Secondary · Catholic Bishop Carroll High School3.8 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
Stephanie Campbell
Royal LePage Benchmark
call Stephanie · 403-860-9895
Powered by: REALTOR.ca
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similar homes nearby

city assessment

$245,500

2026 assessment · market value as of July 1, 2025

  • Down 3.9% from $255,500 in 2025
  • $239,500 in 2016 (3% over ten years)
  • Asking price is 19% below the assessment
  • Built 1981
  • Lot 11,250 m² (121,094 sq ft)
roll yearassessed
2026$245,500
2025$255,500
2024$193,000
2023$167,500
2022$166,500
2021$171,000
2020$194,500
2019$227,000

From City of Calgary open data (property assessments), matched to 101 550 WESTWOOD DR SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $1,633 a year

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

The listing shows $1,632 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.

location

Westgate, CalgaryGoogle Maps ↗
Drive times
  • Glenmeadows Elementary2 min
  • Calgary Christian High3 min
  • Ambrose University7 min
  • Downtown Calgary10 min
  • Foothills Medical Centre13 min
  • YYC airport29 min

Rapid transit: 45 Street CTrain station, 100 m (about 2 min walk); Sirocco CTrain station, 1 km (about 16 min walk).

65

Walkability 65/100 · Walkable: many errands on foot

Within a 10 minute walk: 15 parks and playgrounds, 3 schools, 16 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

305, 550 Westwood Drive SW, Calgary
305, 550 Westwood Drive SW, Calgary, photo 2
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305, 550 Westwood Drive SW, Calgary, photo 6
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305, 550 Westwood Drive SW, Calgary, photo 8
Condo
$249,900
4methe deep dive
305, 550 Westwood Drive SW
Westgate, Calgary10 days on market
listed by CIR Realty
2211,293 sq ft
MLS® A2352389
112, 11230 104, Grande Prairie
112, 11230 104, Grande Prairie, photo 2
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112, 11230 104, Grande Prairie, photo 6
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112, 11230 104, Grande Prairie, photo 8
Condo
$259,000
4methe deep dive
112, 11230 104
Westgate, Grande Prairie3 days on market
listed by Royal LePage - The Realty Group
222894 sq ft
MLS® A2353564