South Calgary, Calgary · MLS® A2326141
123
1,009 sq ft · Condo · Single Family · built 1999 · 57 days on market
listed by Dusko Sremac, Real Broker
THREE TITLED UNDERGROUND PARKING STALLS + OVER 1,000 SQ.FT! Experience elevated inner city living in this exceptional loft style residence offering over 1,008 sq. ft. of thoughtfully designed living space in the heart of South Calgary. Just steps from Marda Loop and only minutes to downtown, this distinctive two storey home combines contemporary design, soaring ceilings, and a layout rarely found in condominium living.The dramatic open to above living room creates an incredible first impression, with expansive windows flooding the home with natural light while enhancing the spacious feel throughout the main level. Remote-controlled blinds add both convenience and privacy, while the open concept design seamlessly connects the living, dining, and kitchen spaces, making it ideal for entertaining and everyday living.The kitchen is beautifully appointed with custom cabinetry, Granite countertops, generous prep space, and a large pantry that offers exceptional storage. The main level also features a convenient powder room, in-suite laundry, and direct access to a private ground-level patio, offering the convenience of coming and going without passing through the building while creating the perfect space to enjoy your morning coffee or unwind on warm summer evenings.Upstairs, the spacious loft-style primary retreat overlooks the main living area, creating an open and contemporary feel while still offering a comfortable and private space to relax. The primary suite features a custom built-in wardrobe and a beautifully finished ensuite complete with a large glass walk-in shower and modern finishes.A feature that truly sets this home apart is the inclusion of three titled, secure underground parking stalls, an exceptionally rare offering in the inner city that provides unmatched convenience for multiple vehicles, guests, or future rental opportunities. One of the parking stalls also includes a private storage locker, providing excellent space for bicycles, seasonal it ems, and additional storage.Located in one of Calgary's most sought-after inner city communities, you'll enjoy being just steps from the restaurants, cafés, boutique shopping, fitness studios, and amenities that have made Marda Loop one of the city's premier destinations. With quick access to downtown, 17th Avenue, the river pathway system, and major commuter routes, this home offers the perfect balance of urban convenience and modern comfort.Offering over 1,000 sq. ft. of living space, a unique loft design, three titled underground parking stalls, a private storage locker, remote-controlled blinds, and ground-level street access, this is an exceptional opportunity to own one of South Calgary's most distinctive condominiums.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,176 · tax $169 · strata $773 · 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: Downtown West–Kerby CTrain station, 2.1 km (about 32 min walk); 8 Street Southwest CTrain station, 2.2 km (about 35 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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$305,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $305,000 |
| 2025 | $316,500 |
| 2024 | $243,500 |
| 2023 | $193,500 |
| 2022 | $170,500 |
| 2021 | $178,000 |
| 2020 | $176,000 |
| 2019 | $268,500 |
From City of Calgary open data (property assessments), matched to 109 1505 27 AV SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $2,028 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $2,028 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: Downtown West–Kerby CTrain station, 2.1 km (about 32 min walk); 8 Street Southwest CTrain station, 2.2 km (about 35 min walk).
Walkability 79/100 · Walkable: many errands on foot
Within a 10 minute walk: 5 places to eat or drink, 5 cafes, 11 parks and playgrounds, 1 school, 28 transit stops.
mihom score from OpenStreetMap places, by straight line distance.