Canyon Meadows, Calgary · MLS® A2347133
234
1,708 sq ft · 151 m² lot · Townhouse · Single Family · built 1992 · 30 days on market
listed by Dave Hopkins, MaxWell Canyon Creek
Welcome to 118 Candle Terrace SW. Conveniently located, just steps to Fish Creek Park, this updated townhouse condo has it all. With over 1700 square feet above grade, this well layed out townhouse features very large rooms and has been upgraded with luxury vinyl plank flooring. The spacious living room features a corner gas fireplace and huge windows allowing for plenty of light. The light and bright dining room that overlooks the living room has room for the whole family and features built-1n cabinets for extra storage. You will love the upgraded kitchen with upgraded cabinets, quartz countertops, built-in storage, bar fridge, built-in microwave, stainless steel appliances, eating bar and walk in pantry. The upper floor has the massive primary bedroom with 5 piece ensuite with double sinks and a soaker tub. The second bedroom, den (could be third bedroom but no closet) and the main bath round out this floor. The basement is finished with a bonus room and large storage area. The double attached garage is an added bonus. Enjoy your morning coffee on the large back yard deck that is accessed from the living room. Book your showing today!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $2,287 · tax $277 · strata $410 · insurance ~$175 · 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.
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Rapid transit: Canyon Meadows CTrain station, 1 km (about 15 min walk); Fish Creek–Lacombe CTrain station, 1.7 km (about 27 min walk).
$499,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $499,500 |
| 2025 | $482,000 |
| 2024 | $387,000 |
| 2023 | $352,500 |
| 2022 | $294,000 |
| 2021 | $339,500 |
| 2020 | $367,500 |
| 2019 | $376,000 |
From City of Calgary open data (property assessments), matched to 118 CANDLE TC SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $3,322 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $3,321 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: Canyon Meadows CTrain station, 1 km (about 15 min walk); Fish Creek–Lacombe CTrain station, 1.7 km (about 27 min walk).
Walkability 54/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 2 places to eat or drink, 8 parks and playgrounds, 1 school, 13 transit stops.
mihom score from OpenStreetMap places, by straight line distance.