Somerset, Calgary · MLS® A2342907
221
967 sq ft · Condo · Single Family · built 2003 · 50 days on market
listed by Nora Larioza, MaxWell Canyon Creek
SPECTACULAR MAIN FLOOR CORNER UNIT with 2 BEDROOMS & 2 FULL BATHROOMS, CORNER FIREPLACE, TITLED UNDERGROUND PARKING, HUGE COVERED BALCONY , LAMINATE FLOORING, OPEN FLOOR PLAN, EXTRA WINDOWS,STAINLESS STEEL APPLIANCES , 2 STORAGE AREAS, IN-SUITE LAUNDRY, TONS OF CABINETRY . CONDO FEES INCLUDE UTILITIES, VERY WALKABLE LOCATION JUST DOWN THE STREET FROM THE LRT STATION, YMCA AND SHAWNESSY SHOPPING. EASY ACCESS TO STONEY TRAIL. Incredible location for this stylish 2 bedroom 2 bathroom corner unit . The sophisticated open floor plan is basked in natural light with gleaming laminate flooring. Show off your culinary prowess in the kitchen featuring stainless steel appliances that beautifully contrast with the crisp white cabinets. Extra windows thanks to the corner location with seemingly endless sunshine to stream into the living room providing an inviting space to gather and unwind. Patio slides to the huge private covered balcony. The floor plan is the perfect layout for privacy with the bedrooms on either side of the unit ideal for roommates, guests or working from home. Retreat at the end of the day to the calming primary bedroom oasis with extra cabinetry & where dual closets lead to your 3-piece ensuite. The spacious second bedroom is adjacent to your 4 pc bathroom . 2 storage areas are included one inside the unit with extra shelvings and the other on the balcony to easily store away seasonal items. In-suite laundry and a titled underground parking stall that is large enough to park your car as well as your bicycle, which adds to your comfort and convenience. Condo fees even include all utilities except cable and internet making budgeting a breeze! Located on a quiet street just down from the LRT Station, the YMCA/Cardel Rec Centre and the infinite amount of amenities, shops, services and restaurants in Shawnessy – all within walking distance! This fantastic community is also an outdoor enthusiast’s dream with extensive pathways, numerous parks and outdoor acti vities as well as close proximity to Fish Creek Park, Sikome Lake, Spruce Meadows and the Sirocco Golf Course! Very easy access to Stoney Trail . A MUST SEE !
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,155 · tax $161 · strata $773 · 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.
Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.
Rapid transit: Somerset–Bridlewood CTrain station, 500 m (about 8 min walk); Shawnessy CTrain station, 1.7 km (about 27 min walk).
$290,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $290,000 |
| 2025 | $305,000 |
| 2024 | $234,500 |
| 2023 | $192,500 |
| 2022 | $185,500 |
| 2021 | $187,500 |
| 2020 | $195,000 |
| 2019 | $201,500 |
From City of Calgary open data (property assessments), matched to 109 5500 SOMERVALE CO SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,928 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,928 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: Somerset–Bridlewood CTrain station, 500 m (about 8 min walk); Shawnessy CTrain station, 1.7 km (about 27 min walk).
Walkability 72/100 · Walkable: many errands on foot
Within a 10 minute walk: 1 place to eat or drink, 2 cafes, 7 parks and playgrounds, 1 school, 20 transit stops.
mihom score from OpenStreetMap places, by straight line distance.