1215 137 Avenue SE

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$350,000

1215 137 Avenue SE

Deer Ridge, Calgary · MLS® A2349241

321

1,143 sq ft · Townhouse · Single Family · built 1981 · 21 days on market

listed by Jayson Shmyrko, CIR Realty

realtor's description

This end unit, two story town house has 3 bedrooms on the second floor, two bathrooms, a private fenced yard, unfinished basement and one assigned parking stall. there is lots of parking on the street right in front of the unit. just walking distance to fish creek park, shopping, clinics, schools etc. this unit has been very well maintained and is move in ready.

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 2
living area: 1,143 sq ft
parking: 1
year built: 1981
property tax: $2,260 / yr
strata fee: $407 / mo ($0.36 / sq ft)
strata rules: Pets Allowed With Restrictions
days on market: 21
MLS®: A2349241

features

See remarks
Pets Allowed With Restrictions
Refrigerator
Dishwasher
Stove
Hood Fan

city assessment

$340,000

2026 assessment · market value as of July 1, 2025

Up 9.0% from $312,000 in 2025
$231,500 in 2016 (47% over ten years)
Asking price is 3% above the assessment
Built 1981
Lot 19,965 m² (214,901 sq ft)

roll year	assessed
2026	$340,000
2025	$312,000
2024	$233,500
2023	$225,000
2022	$206,000
2021	$202,500
2020	$208,500
2019	$221,000

From City of Calgary open data (property assessments), matched to 1215 137 AV 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 $2,261 a year

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

The listing shows $2,260 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.

monthly cost

$2,120/mo

Mortgage $1,525 · Tax $188 · Strata $407

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

estimated payment

$1,525/ monthly

loan $280,000

25-year amortization

down payment20% · $70,00020%+ 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: $177,475
land title fees: $730; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $70,730; down + land title fees
total paid: $457,475

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: $2,090/mo
after all costs: −$372/mo
cap rate: 4.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,525 · tax $188 · strata $407 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Calgary: CMHC's average there ($2,118) 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