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105, 345 4 Avenue NE
homes for sale · Calgary · Crescent Heights
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$199,500

105, 345 4 Avenue NE

Crescent Heights, Calgary · MLS® A2332532

111

783 sq ft · Condo · Single Family · built 1979 · 88 days on market

listed by Alex Hripko, Royal LePage Benchmark

realtor's description

Larger than your typical one-bedroom, and it shows. Welcome to this spacious 783 sqft condo in the heart of Crescent Heights, offering a rare blend of size, comfort, and unbeatable inner-city walkability. From the moment you step inside, you’ll notice how much natural light fills the space, enhanced by brand new windows that not only elevate the look of the home but also improve energy efficiency and comfort year-round. It’s a meaningful upgrade you can feel immediately. The open-concept layout is both functional and inviting. The living room is anchored by a feature fireplace with an electric insert, creating a warm focal point, and flows seamlessly onto your oversized private patio. Framed by a stone privacy wall and set along an exceptionally quiet street, this outdoor space feels like a true extension of your living area, perfect for a full patio setup, BBQs, and slow morning coffees. The kitchen offers a great balance of style and practicality, with granite countertops, generous cabinetry, and mostly updated appliances. (The wall oven isn’t new, but it’s solid, reliable, and performs exactly as it should.) The adjacent dining area makes entertaining easy and everyday living comfortable. The bedroom is genuinely oversized, room for a king-sized bed plus a desk, reading nook, or lounge space by the windows, and even features direct access to the patio. A thoughtfully designed walk-through closet connects to the spacious bathroom, creating a functional and private flow. Additional highlights include in-suite laundry with extra storage, modern laminate flooring, and an underground assigned parking stall with the option to add a storage cage. And then there’s the main-floor advantage: no elevators, effortless grocery drop-offs, easy pet access, and a seamless indoor-outdoor lifestyle. something buyers consistently value. The building is secure, well-managed, and impressively quiet, with excellent soundproofing between units. All of this just steps from downtown, the Bow River pathways, and some of Calgary’s best restaurants, cafés, and shops. This isn’t just a one-bedroom, it’s a smart, spacious inner-city home with upgrades that actually matter.

property details

type
Condo, Single Family
bedrooms
1
bathrooms
1
living area
783 sq ft
parking
1
year built
1979
property tax
$1,362 / yr
strata fee
$707 / mo ($0.90 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
88
MLS®
A2332532

features

  • Parking
  • Pets Allowed With Restrictions
  • Refrigerator
  • Cooktop - Electric
  • Dishwasher
  • Oven - Built-In

monthly cost

$1,689/mo
Mortgage $869 · Tax $114 · Strata $707

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

estimated payment
$869/ monthly
loan $159,600
25-year amortization
total interest
$101,161
land title fees
$460
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$40,360
down + land title fees
total paid
$260,761

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
$1,560/mo
after all costs
−$289/mo
cap rate
3.5%
yearly net rent ÷ price

Costs: mortgage $869 · tax $114 · strata $707 · 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

location

Crescent Heights, CalgaryGoogle Maps ↗

Rapid transit: City Hall/Bow Valley College CTrain station, 1.1 km (about 17 min walk); Centre Street CTrain station, 1.2 km (about 18 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Riverside School598 m
  • Secondary · CBE Crescent Heights High School1.0 km
  • Elementary · Catholic St. Alphonsus Elementary Junior High School1.3 km
  • Secondary · Catholic St. Isidore Online School2.1 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
Alex Hripko
Royal LePage Benchmark
call Alex · 403-888-8662
Powered by: REALTOR.ca
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similar homes nearby

city assessment

$201,500

2026 assessment · market value as of July 1, 2025

  • Down 8.6% from $220,500 in 2025
  • $204,500 in 2016 (-1% over ten years)
  • Asking price is 1% below the assessment
  • Built 1979
  • Lot 1,531 m² (16,480 sq ft)
roll yearassessed
2026$201,500
2025$220,500
2024$188,000
2023$163,000
2022$147,500
2021$133,500
2020$149,500
2019$166,500

From City of Calgary open data (property assessments), matched to 105 345 4 AV NE. 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 $1,340 a year

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

The listing shows $1,362 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

Crescent Heights, CalgaryGoogle Maps ↗
Drive times
  • Italian School of Calgary1 min
  • Calgary Classical Academy2 min
  • Bow Valley College3 min
  • Downtown Calgary6 min
  • Sheldon M. Chumir Health Centre8 min
  • YYC airport18 min

Rapid transit: City Hall/Bow Valley College CTrain station, 1.1 km (about 17 min walk); Centre Street CTrain station, 1.2 km (about 18 min walk).

83

Walkability 83/100 · Very walkable: most errands on foot

Within a 10 minute walk: 18 places to eat or drink, 15 parks and playgrounds, 2 schools, 1 pharmacy, 20 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

404, 222 5 Avenue NE, Calgary
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404, 222 5 Avenue NE, Calgary, photo 7
404, 222 5 Avenue NE, Calgary, photo 8
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