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108, 647 1 Avenue NE
homes for sale · Calgary · Bridgeland/Riverside
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$200,000

108, 647 1 Avenue NE

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

realtor's description

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!**

property details

type
Condo, Single Family
bedrooms
2
bathrooms
1
living area
902 sq ft
parking
1
year built
1981
property tax
$1,785 / yr
strata fee
$740 / mo ($0.82 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
2
MLS®
A2352519

features

  • Elevator
  • PVC window
  • Parking
  • Pets Allowed With Restrictions
  • Refrigerator
  • Dishwasher

monthly cost

$1,760/mo
Mortgage $871 · Tax $149 · Strata $740

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
−$102/mo
cap rate
4.6%
yearly net rent ÷ price

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

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Riverside School100 m
  • Secondary · CBE Discovering Choices1.2 km
  • Elementary · Catholic St. Alphonsus Elementary Junior High School1.4 km
  • Secondary · Catholic St. Mary's High 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
Ashlee Samaska
RE/MAX First
call Ashlee · 403-990-4962
Powered by: REALTOR.ca

similar homes nearby

location

Bridgeland/Riverside, CalgaryGoogle Maps ↗

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).

city assessment

$268,500

2026 assessment · market value as of July 1, 2025

  • Up 1.9% from $263,500 in 2025
  • $259,000 in 2016 (4% over ten years)
  • Asking price is 26% below the assessment
  • Built 1981
  • Lot 2,108 m² (22,690 sq ft)
roll yearassessed
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.

property tax

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.

location

Bridgeland/Riverside, CalgaryGoogle Maps ↗

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).

Drive times
  • Riverside1 min
  • Italian School of Calgary2 min
  • Bow Valley College3 min
  • Downtown Calgary6 min
  • Sheldon M. Chumir Health Centre8 min
  • YYC airport18 min
89

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.

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