Bridgeland/Riverside, Calgary · MLS® A2352519
211
902 sq ft · Condo · Single Family · built 1981 · 2 days on market
listed by Ashlee Samaska, RE/MAX First
WALK TO EVERYTHING ON BRIDGELAND’S MAIN STREET, AND ALL UTILITIES ARE INCLUDED IN THE CONDO FEES EXCEPT ELECTRICAL!! Step out the front door of 647 1 Avenue NE onto the street that makes Bridgeland one of Calgary's most sought-after inner-city communities: local cafés, bakeries, restaurants and the neighbourhood market are all steps away. Downtown, the East Village, the Bow River pathways and the Bridgeland/Memorial LRT station are minutes away, and Tom Campbell's Hill rewards an evening stroll with sweeping skyline views. Inside this turnkey 2-bedroom home the updates are done: NEW vinyl plank flooring and NEW carpet, combined with durable ceramic tile, mean you can move in and simply unpack. Crown moulding adds a touch of character, new lighting keeps the space bright, and the kitchen comes fully equipped with a refrigerator, stove, dishwasher and hood fan. Start your mornings with coffee on your private balcony. Winter is easy here: park in your assigned stall (#26) in the secure underground parkade, skip the snow brushing, and take the elevator home. FOB-controlled entry adds peace of mind, and common laundry is right in the building. Waterford at Bridgeland is an established building of 47 homes, professionally managed, with secure FOB access. Whether you're a downtown professional ready to trade your commute for a walk, a first-time buyer finished with renting, a downsizer done with yard work, or an investor looking for an address renters love, this is your way into Bridgeland. **BOOK YOUR PRIVATE SHOWING TODAY!**
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $871 · tax $149 · strata $740 · 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
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: Bridgeland/Memorial CTrain station, 700 m (about 11 min walk); City Hall/Bow Valley College CTrain station, 900 m (about 14 min walk).
$268,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $268,500 |
| 2025 | $263,500 |
| 2024 | $218,500 |
| 2023 | $190,000 |
| 2022 | $197,500 |
| 2021 | $208,000 |
| 2020 | $222,500 |
| 2019 | $236,500 |
From City of Calgary open data (property assessments), matched to 108 647 1 AV NE. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,785 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,785 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: Bridgeland/Memorial CTrain station, 700 m (about 11 min walk); City Hall/Bow Valley College CTrain station, 900 m (about 14 min walk).
Walkability 89/100 · Very walkable: most errands on foot
Within a 10 minute walk: 28 places to eat or drink, 7 cafes, 19 parks and playgrounds, 2 schools, 3 pharmacies, 16 transit stops.
mihom score from OpenStreetMap places, by straight line distance.