Downtown East Village, Calgary · MLS® A2325467
221
822 sq ft · Condo · Single Family · built 2000 · 109 days on market
listed by Rob Whitfield, KIC Realty
If you're looking for a move-in ready condo, this is one you'll want to see. Extensively updated throughout, this bright 2-bedroom, 2-bathroom home features new luxury vinyl plank flooring, fresh paint, new LED lighting, new blinds, an updated backsplash and 9-foot ceilings that make the space feel even larger. The functional layout includes a spacious primary bedroom with a 4-piece ensuite, a well-sized second bedroom and another full bathroom, a gas fireplace, in-suite laundry and a large covered patio. You'll also appreciate the heated underground parking, complete with an oversized stall that can accommodate larger vehicles. Located just steps from the Bow River pathway system, East Village, Chinatown, Superstore, restaurants, coffee shops, Studio Bell, the Central Library and City Hall C-Train Station, you'll enjoy one of Calgary's most walkable downtown locations. Whether you're buying your first home, downsizing or looking for an investment property, this is a move-in ready opportunity that's easy to appreciate.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,111 · tax $155 · strata $815 · 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.
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Rapid transit: City Hall/Bow Valley College CTrain station, 400 m (about 6 min walk); Centre Street CTrain station, 500 m (about 9 min walk).
$280,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $280,500 |
| 2025 | $295,000 |
| 2024 | $257,500 |
| 2023 | $245,500 |
| 2022 | $233,500 |
| 2021 | $241,500 |
| 2020 | $251,000 |
| 2019 | $278,500 |
From City of Calgary open data (property assessments), matched to 121 333 RIVERFRONT AV SE. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,865 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,865 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: City Hall/Bow Valley College CTrain station, 400 m (about 6 min walk); Centre Street CTrain station, 500 m (about 9 min walk).
Walkability 97/100 · Very walkable: most errands on foot
Within a 10 minute walk: 2 grocery stores, 67 places to eat or drink, 20 cafes, 14 parks and playgrounds, 2 pharmacies, 40 transit stops.
mihom score from OpenStreetMap places, by straight line distance.