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106, 59 22 Avenue SW
homes for sale · Calgary · Erlton
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$599,000

106, 59 22 Avenue SW

Erlton, Calgary · MLS® A2345539

222

1,322 sq ft · Condo · Single Family · built 2000 · 37 days on market

listed by Kamil Lalji, CIR Realty

realtor's description

Welcome to River Grande Estates, where sophisticated inner-city living meets exceptional comfort and convenience in the heart of Erlton. This beautifully renovated first-floor condo offers 1,313.91 sq. ft. of thoughtfully designed living space, with 2 bedrooms, 2 full bathrooms, and an impressive level of finish throughout. From the moment you enter, you’ll appreciate the breathtaking lighting, luxury vinyl plank flooring, fresh paint, textured ceilings, and elegant crown moulding that create a polished yet welcoming atmosphere. The open-concept living area is anchored by a cozy natural gas fireplace, while the private east-facing patio provides a wonderful outdoor retreat and is equipped with A/C for added comfort. The completely renovated kitchen is both beautiful and highly functional, featuring all-new stainless steel appliances, including a refrigerator with a separate beverage compartment, an impressive waterfall island and classy millwork built-ins offering an abundance of storage and generous prep space. The separate formal dining area off of the front presents the perfect opportunity for hosting large gatherings. A dedicated bar or coffee area with bar fridge is another touch that makes the space fit for entertaining. The primary bedroom is a true retreat, offering spacious his-and-hers walk-in closet areas with a stylish barn door and a luxurious ensuite that feels straight out of a boutique hotel. Enjoy a standalone tub elevated on a raised platform, immaculate wall tile, a floating dual-sink vanity, smart toilet, and a rain shower with a convenient product niche. The generous second bedroom also features a huge walk-through closet with direct access to the beautifully finished second full bathroom, complete with a rain shower, floating vanity, and stunning tilework. A large in-suite storage room provides excellent functionality with dedicated laundry and plenty of room for optimizing your space. River Grande Estates offers a welcoming community with amen ities designed to enhance your lifestyle, including a beautiful central courtyard, library, recreation/games room and billiards area, underground visitor parking, and car wash bays. Parking for this unit is especially secure inside of its own garage within the underground parkade. Step outside and enjoy the Elbow River pathway system, or walk to Mission’s vibrant shops, cafés and restaurants, 4th Street, 17th Avenue, the MNP Community & Sport Centre, Calgary Stampede Park and the Saddledome. Downtown Calgary and the Erlton LRT Station are also close by, offering easy access to the best of the city while maintaining a peaceful residential setting. Completely renovated, exceptionally spacious, and ideally located, this is a rare opportunity to enjoy elevated inner-city living in one of Calgary’s most desirable communities.

property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
1,322 sq ft
parking
2
year built
2000
property tax
$3,265 / yr
strata fee
$937 / mo ($0.71 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
37
MLS®
A2345539

buying in a building from 1982 to 2000: what to read first

features

  • Other
  • Closet Organizers
  • No Animal Home
  • No Smoking Home
  • Gas BBQ Hookup
  • Parking

monthly cost

$3,819/mo
Mortgage $2,610 · Tax $272 · Strata $937

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

estimated payment
$2,610/ monthly
loan $479,200
25-year amortization
total interest
$303,736
land title fees
$1,180
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$120,980
down + land title fees
total paid
$782,936

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
−$2,161/mo
cap rate
0.9%
yearly net rent ÷ price

Costs: mortgage $2,610 · tax $272 · strata $937 · 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

Erlton, CalgaryGoogle Maps ↗

Rapid transit: Erlton/Stampede CTrain station, 200 m (about 4 min walk); Victoria Park/Stampede CTrain station, 700 m (about 11 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Ramsay School1.1 km
  • Middle · CBE Rideau Park School1.3 km
  • Secondary · CBE Discovering Choices1.2 km
  • Elementary · Catholic Our Lady of Lourdes536 m
  • Secondary · Catholic St. Mary's High School438 m

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
Kamil Lalji
CIR Realty
call Kamil · 403-383-1579
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similar homes nearby

city assessment

$491,000

2026 assessment · market value as of July 1, 2025

  • Down 5.6% from $520,000 in 2025
  • $465,500 in 2016 (5% over ten years)
  • Asking price is 22% above the assessment
  • Built 2000
  • Lot 4,140 m² (44,563 sq ft)
roll yearassessed
2026$491,000
2025$520,000
2024$430,000
2023$374,000
2022$354,500
2021$362,500
2020$372,500
2019$387,000

From City of Calgary open data (property assessments), matched to 106 59 22 AV 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 $3,265 a year

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

The listing shows $3,265 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

Erlton, CalgaryGoogle Maps ↗
Drive times
  • Our Lady of Lourdes3 min
  • St. Mary's Senior High5 min
  • Bow Valley College5 min
  • Downtown Calgary7 min
  • Sheldon M. Chumir Health Centre7 min
  • YYC airport22 min

Rapid transit: Erlton/Stampede CTrain station, 200 m (about 4 min walk); Victoria Park/Stampede CTrain station, 700 m (about 11 min walk).

77

Walkability 77/100 · Walkable: many errands on foot

Within a 10 minute walk: 11 places to eat or drink, 2 cafes, 15 parks and playgrounds, 5 schools, 2 pharmacies, 14 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

302, 2320 Erlton Street SW, Calgary
302, 2320 Erlton Street SW, Calgary, photo 2
302, 2320 Erlton Street SW, Calgary, photo 3
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302, 2320 Erlton Street SW, Calgary, photo 6
302, 2320 Erlton Street SW, Calgary, photo 7
302, 2320 Erlton Street SW, Calgary, photo 8
Condo
$424,900
4methe deep dive
302, 2320 Erlton Street SW
Erlton, Calgary6 days on market
listed by RE/MAX Realty Professionals
2211,080 sq ft
MLS® A2342642
410, 59 22 Avenue SW, Calgary
410, 59 22 Avenue SW, Calgary, photo 2
410, 59 22 Avenue SW, Calgary, photo 3
410, 59 22 Avenue SW, Calgary, photo 4
410, 59 22 Avenue SW, Calgary, photo 5
410, 59 22 Avenue SW, Calgary, photo 6
410, 59 22 Avenue SW, Calgary, photo 7
410, 59 22 Avenue SW, Calgary, photo 8
Condo
$426,000
4methe deep dive
410, 59 22 Avenue SW
Erlton, Calgary9 days on market
listed by CIR Realty
221
504, 2416 Erlton Street SW, Calgary
504, 2416 Erlton Street SW, Calgary, photo 2
504, 2416 Erlton Street SW, Calgary, photo 3
504, 2416 Erlton Street SW, Calgary, photo 4
504, 2416 Erlton Street SW, Calgary, photo 5
504, 2416 Erlton Street SW, Calgary, photo 6
504, 2416 Erlton Street SW, Calgary, photo 7
504, 2416 Erlton Street SW, Calgary, photo 8
Condo
$565,000
4methe deep dive
504, 2416 Erlton Street SW
Erlton, Calgary127 days on market
listed by Century 21 Masters
22
1,152 sq ft
MLS® A2352540
2
1,557 sq ft
MLS® A2321829