Downtown East Village, Calgary · MLS® A2340097
111
489 sq ft · Condo · Single Family · built 2000 · 58 days on market
listed by Rob Whitfield, KIC Realty
GREAT PRICE REDUCTION. UPGRADED! This bright and extensively updated downtown condo is ideal for young professionals, first-time buyers, or investors looking for strong value in an exceptionally walkable location. With several similar units currently on the market, this unit stands out thanks to its many upgrades and attractive price point. Recent improvements include Luxury Vinyl Plank flooring throughout, fresh paint approximately 2 years ago, newer stainless steel appliances including 2 year old stove, fridge, dishwasher, microwave and hood fan. The unit also features granite countertops, 9’ ceilings, a gas fireplace, strong natural light, in-suite laundry, and a dedicated parking stall.Located directly across from the Bow river & Calgary’s RiverWalk and Bow River pathway system, this home offers quick access to downtown offices, transit, restaurants, Studio Bell, the Central Library, Chinatown, and the downtown Superstore, which is only about an 8-minute walk away. The building also offers fibre optic internet, bike storage, rentable activity space, and optional storage lockers available for approximately $150/year. A very solid opportunity for buyers looking for an upgraded and competitively priced downtown property.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $780 · tax $114 · strata $503 · 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
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).
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).
$205,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $205,000 |
| 2025 | $216,000 |
| 2024 | $181,000 |
| 2023 | $168,000 |
| 2022 | $154,500 |
| 2021 | $159,000 |
| 2020 | $167,500 |
| 2019 | $189,500 |
From City of Calgary open data (property assessments), matched to 137 333 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 $1,363 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,363 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.
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.