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109, 5500 Somervale Court SW
homes for sale · Calgary · Somerset
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$265,000

109, 5500 Somervale Court SW

Somerset, Calgary · MLS® A2342907

221

967 sq ft · Condo · Single Family · built 2003 · 50 days on market

listed by Nora Larioza, MaxWell Canyon Creek

realtor's description

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 !

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property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
967 sq ft
parking
1
year built
2003
property tax
$1,928 / yr
strata fee
$773 / mo ($0.80 / sq ft)
days on market
50
MLS®
A2342907

features

  • Elevator
  • No Animal Home
  • No Smoking Home
  • Refrigerator
  • Dishwasher
  • Stove

monthly cost

$2,088/mo
Mortgage $1,155 · Tax $161 · Strata $773

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

estimated payment
$1,155/ monthly
loan $212,000
25-year amortization
total interest
$134,374
land title fees
$580
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$53,580
down + land title fees
total paid
$346,374

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
−$430/mo
cap rate
3.3%
yearly net rent ÷ price

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

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Somerset School1.1 km
  • Middle · CBE Samuel W. Shaw School1.9 km
  • Secondary · CBE Centennial High School1.7 km
  • Elementary · Catholic Holy Child School1.3 km
  • Secondary · Catholic Bishop O'Byrne High School523 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
Nora Larioza
MaxWell Canyon Creek
call Nora · 403-650-7816
Powered by: REALTOR.ca

location

Somerset, CalgaryGoogle Maps ↗

Rapid transit: Somerset–Bridlewood CTrain station, 500 m (about 8 min walk); Shawnessy CTrain station, 1.7 km (about 27 min walk).

city assessment

$290,000

2026 assessment · market value as of July 1, 2025

  • Down 4.9% from $305,000 in 2025
  • $255,000 in 2016 (14% over ten years)
  • Asking price is 9% below the assessment
  • Built 2003
  • Lot 6,090 m² (65,552 sq ft)
roll yearassessed
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.

property tax

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.

location

Somerset, CalgaryGoogle Maps ↗

Rapid transit: Somerset–Bridlewood CTrain station, 500 m (about 8 min walk); Shawnessy CTrain station, 1.7 km (about 27 min walk).

Drive times
  • Bishop O'Byrne High2 min
  • Somerset4 min
  • South Calgary Health Centre5 min
  • St. Mary's University7 min
  • Downtown Calgary26 min
  • YYC airport35 min
72

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.

418, 4000 Somervale Court SW, Calgary
418, 4000 Somervale Court SW, Calgary, photo 2
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418, 4000 Somervale Court SW, Calgary, photo 8
Condo
$250,000
4methe deep dive
418, 4000 Somervale Court SW
Somerset, Calgary18 days on market
listed by Real Broker
221858 sq ft
MLS® A2351064
416, 6000 Somervale Court SW, Calgary
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416, 6000 Somervale Court SW, Calgary, photo 7
416, 6000 Somervale Court SW, Calgary, photo 8
Condo
$265,000
4methe deep dive
416, 6000 Somervale Court SW
Somerset, Calgary23 days on market
listed by Royal LePage Benchmark
22
217, 2000 Somervale Court SW, Calgary
217, 2000 Somervale Court SW, Calgary, photo 2
217, 2000 Somervale Court SW, Calgary, photo 3
217, 2000 Somervale Court SW, Calgary, photo 4
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217, 2000 Somervale Court SW, Calgary, photo 6
217, 2000 Somervale Court SW, Calgary, photo 7
217, 2000 Somervale Court SW, Calgary, photo 8
Condo
$239,000
4methe deep dive
217, 2000 Somervale Court SW
Somerset, Calgary23 days on market
listed by First Place Realty
21
415, 5000 Somervale Court SW, Calgary
415, 5000 Somervale Court SW, Calgary, photo 2
415, 5000 Somervale Court SW, Calgary, photo 3
415, 5000 Somervale Court SW, Calgary, photo 4
415, 5000 Somervale Court SW, Calgary, photo 5
415, 5000 Somervale Court SW, Calgary, photo 6
415, 5000 Somervale Court SW, Calgary, photo 7
415, 5000 Somervale Court SW, Calgary, photo 8
Condo
$240,000
4methe deep dive
415, 5000 Somervale Court SW
Somerset, Calgary148 days on market
listed by CIR Realty
21
1
835 sq ft
MLS® A2349768
1
857 sq ft
MLS® A2349803
739 sq ft
MLS® A2314542