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11A, 231 Heritage Drive SE
homes for sale · Calgary · Acadia
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$185,900

11A, 231 Heritage Drive SE

Acadia, Calgary · MLS® A2320535

111

655 sq ft · Condo · Single Family · built 1970 · 134 days on market

listed by Valerie Konechny, Sotheby's International Realty Canada

realtor's description

Bright and spacious 1-bedroom, 1-bathroom condo in Hilltop House, a well-maintained 25+ adult complex in the desirable community of Acadia. This concrete construction building offers quiet living and excellent long-term value. The unit features newer laminate flooring throughout the main living area and newer carpet in the bedroom. The functional kitchen offers ample cabinet space and includes a newer refrigerator. A large in-suite storage room provides excellent storage options and has the potential for future in-suite laundry installation. The generous living room opens onto a sunny west-facing 18-foot concrete balcony facing the courtyard and offers plenty of space for patio furniture and a BBQ—perfect for relaxing or entertaining. Additional features include one assigned parking stall and immediate possession availability. The professionally managed complex boasts a strong reserve fund, providing peace of mind for owners. Coin operated laundry located in the building. Ideally located just steps from shopping, transit, schools, and everyday amenities, this is an excellent opportunity for comfortable and convenient adult living

property details

type
Condo, Single Family
bedrooms
1
bathrooms
1
living area
655 sq ft
parking
1
year built
1970
property tax
$1,167 / yr
strata fee
$383 / mo ($0.58 / sq ft)
strata rules
Pets not Allowed, Age Restrictions
days on market
134
MLS®
A2320535

features

  • No Animal Home
  • No Smoking Home
  • Parking
  • Pets not Allowed
  • Age Restrictions
  • Refrigerator

monthly cost

$1,290/mo
Mortgage $810 · Tax $97 · Strata $383

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

estimated payment
$810/ monthly
loan $148,720
25-year amortization
total interest
$94,265
land title fees
$440
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$37,620
down + land title fees
total paid
$242,985

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
$1,560/mo
after all costs
$110/mo
cap rate
5.9%
yearly net rent ÷ price

Costs: mortgage $810 · tax $97 · strata $383 · 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

location

Acadia, CalgaryGoogle Maps ↗

Rapid transit: Heritage CTrain station, 700 m (about 10 min walk); Southland CTrain station, 1.9 km (about 29 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Fairview School711 m
  • Secondary · CBE Lord Beaverbrook High School657 m
  • Elementary · Catholic St. Matthew School453 m
  • Secondary · Catholic Our Lady of the Rockies High School1.0 km

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
Valerie Konechny
Sotheby's International Realty Canada
call Valerie · 403-620-5436
Powered by: REALTOR.ca

similar homes nearby

city assessment

$175,500

2026 assessment · market value as of July 1, 2025

  • Down 9.3% from $193,500 in 2025
  • $165,000 in 2016 (6% over ten years)
  • Asking price is 6% above the assessment
  • Built 1970
  • Lot 16,430 m² (176,851 sq ft)
roll yearassessed
2026$175,500
2025$193,500
2024$148,500
2023$124,500
2022$105,500
2021$101,000
2020$117,500
2019$139,000

From City of Calgary open data (property assessments), matched to 11A 231 HERITAGE DR SE. 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 $1,167 a year

The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).

The listing shows $1,167 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

Acadia, CalgaryGoogle Maps ↗
Drive times
  • St. Matthew2 min
  • FFCA South High School Campus3 min
  • Rockyview General Hospital7 min
  • Mount Royal University10 min
  • Downtown Calgary15 min
  • YYC airport25 min

Rapid transit: Heritage CTrain station, 700 m (about 10 min walk); Southland CTrain station, 1.9 km (about 29 min walk).

86

Walkability 86/100 · Very walkable: most errands on foot

Within a 10 minute walk: 1 grocery store, 19 places to eat or drink, 3 cafes, 7 parks and playgrounds, 3 schools, 3 pharmacies, 26 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

10, 366 94 Avenue SE, Calgary
10, 366 94 Avenue SE, Calgary, photo 2
10, 366 94 Avenue SE, Calgary, photo 3
10, 366 94 Avenue SE, Calgary, photo 4
10, 366 94 Avenue SE, Calgary, photo 5
10, 366 94 Avenue SE, Calgary, photo 6
10, 366 94 Avenue SE, Calgary, photo 7
10, 366 94 Avenue SE, Calgary, photo 8
Condo
$165,000
4methe deep dive
10, 366 94 Avenue SE
Acadia, Calgary4 days on market
listed by eXp Realty
111533 sq ft
MLS® A2353248
17, 366 94 Avenue SE, Calgary
17, 366 94 Avenue SE, Calgary, photo 2
17, 366 94 Avenue SE, Calgary, photo 3
17, 366 94 Avenue SE, Calgary, photo 4
17, 366 94 Avenue SE, Calgary, photo 5
17, 366 94 Avenue SE, Calgary, photo 6
17, 366 94 Avenue SE, Calgary, photo 7
17, 366 94 Avenue SE, Calgary, photo 8
Condo
$199,900
4methe deep dive
17, 366 94 Avenue SE
Acadia, Calgary10 days on market
listed by RE/MAX Complete Realty
211
319, 315 Heritage Drive SE, Calgary
319, 315 Heritage Drive SE, Calgary, photo 2
319, 315 Heritage Drive SE, Calgary, photo 3
319, 315 Heritage Drive SE, Calgary, photo 4
319, 315 Heritage Drive SE, Calgary, photo 5
319, 315 Heritage Drive SE, Calgary, photo 6
319, 315 Heritage Drive SE, Calgary, photo 7
319, 315 Heritage Drive SE, Calgary, photo 8
Condo
$185,000
4methe deep dive
319, 315 Heritage Drive SE
Acadia, Calgary80 days on market
listed by First Place Realty
21
758 sq ft
MLS® A2352273
1
814 sq ft
MLS® A2334858