Saddle Ridge, Calgary · MLS® A2350661
111
601 sq ft · Condo · Single Family · built 2014 · 15 days on market
listed by Jay Sanchez Valencia, RE/MAX First
Spacious 1-Bedroom + Den | Main-Floor Condo | Titled Heated Underground ParkingWelcome to this spacious and well-maintained **1-bedroom + den, 1-bathroom main-floor condo** in the desirable community of Saddle Ridge. Offering a functional layout, modern finishes, and excellent location, this move-in-ready home is an ideal opportunity for first-time buyers, downsizers, or investors.The modern kitchen features **granite countertops, upgraded appliances, ample cabinetry, and plenty of workspace**, making it both stylish and practical for everyday living and entertaining. The bright and inviting living room benefits from large windows that fill the space with natural light.The generously sized primary bedroom provides a comfortable retreat and features a **convenient walk-through closet**. The versatile den offers an excellent space for a home office, study, or additional flex space. A full **4-piece bathroom** and convenient **in-suite laundry** add to the functionality of the home.Enjoy the added convenience of a **titled underground heated parking stall**, providing secure parking and protection from Calgary's winter weather.Located in the heart of **Saddle Ridge**, this home is close to schools, LRT access, major roadways, shopping, restaurants, and the Genesis Centre. With everyday amenities and transportation options nearby, this is a fantastic location for both homeowners and investors.**Move-in ready, well maintained, and ideally located—this is an opportunity you won't want to miss!**
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $741 · tax $158 · strata $497 · 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
Rapid transit: Saddletowne CTrain station, 1.3 km (about 20 min walk).
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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$212,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $212,500 |
| 2025 | $236,500 |
| 2024 | $176,000 |
| 2023 | $148,500 |
| 2022 | $129,500 |
| 2021 | $136,500 |
| 2020 | $146,500 |
| 2019 | $162,500 |
From City of Calgary open data (property assessments), matched to 106 5 SADDLESTONE WY NE. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,413 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,895 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: Saddletowne CTrain station, 1.3 km (about 20 min walk).
Walkability 78/100 · Walkable: many errands on foot
Within a 10 minute walk: 1 grocery store, 6 places to eat or drink, 1 cafe, 17 parks and playgrounds, 1 school, 2 pharmacies, 27 transit stops.
mihom score from OpenStreetMap places, by straight line distance.