111, 2204 1 Street SW

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$239,000

111, 2204 1 Street SW

Mission, Calgary · MLS® A2341527

211

587 sq ft · Condo · Single Family · built 1981 · 54 days on market

listed by Andrew Joseph, Power Properties

realtor's description

Welcome to this 2-bedroom condo in the heart of Mission, ideally located just steps from the Elbow River pathways, 4th Street, 17th Avenue, restaurants, cafés, shopping and more.Facing the quiet courtyard, this bright unit features **fresh paint, new LVP flooring in the kitchen area, and an open-concept living and dining space. The kitchen offers white cabinetry, stainless steel appliances, updated lighting and ample counter space. Both bedrooms are generously sized with plenty of natural light.Enjoy direct access to the private courtyard plus the convenience of in-suite laundry, in-suite storage and heated underground parking.Walking distance to the MNP Community & Sport Centre and Stampede Park, this is an excellent opportunity to enjoy one of Calgary’s most desirable inner-city communities.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 1
living area: 587 sq ft
parking: 1
year built: 1981
property tax: $1,589 / yr
strata fee: $627 / mo ($1.07 / sq ft)
strata rules: Pets Allowed With Restrictions
days on market: 54
MLS®: A2341527

features

No Smoking Home
Parking
Pets Allowed With Restrictions
Oven - Electric
Dishwasher
Stove

monthly cost

$1,801/mo

Mortgage $1,041 · Tax $132 · Strata $627

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

estimated payment

$1,041/ monthly

loan $191,200

25-year amortization

down payment20% · $47,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $121,190
land title fees: $535; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $48,335; down + land title fees
total paid: $312,390

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: −$143/mo
cap rate: 4.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,041 · tax $132 · strata $627 · 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

location

Mission, CalgaryGoogle Maps ↗

Rapid transit: Erlton/Stampede CTrain station, 500 m (about 8 min walk); Victoria Park/Stampede CTrain station, 900 m (about 13 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

Elementary · CBE Rideau Park School1.1 km
Secondary · CBE Western Canada High School940 m
Elementary · Catholic Our Lady of Lourdes367 m
Secondary · Catholic St. Mary's High School461 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.

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