1411 1 Street NE

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$539,900

1411 1 Street NE

Crescent Heights, Calgary · MLS® A2340885

232

1,601 sq ft · Townhouse · Single Family · built 1991 · 44 days on market

listed by Arthur Leslie, eXp Realty

realtor's description

Welcome to this well-appointed home in the highly sought-after inner-city community of Crescent Heights, where an exceptional location puts downtown Calgary, the Bow River and an abundance of parks and pathways right at your doorstep. Known for its vibrant community atmosphere and convenient access to the city centre, Crescent Heights offers an ideal balance of urban living and outdoor recreation, with numerous schools, green spaces and walking routes nearby.Inside, the main floor offers a comfortable and functional layout with a recently renovated kitchen featuring stainless steel appliances, ample cabinetry and easy flow into the dining and living areas which leads out to the balcony. The living room is anchored by a gas fireplace, creating a warm and inviting space to relax or entertain, while a convenient 2-piece bathroom completes the main level. Laminate flooring runs throughout the main floor.Upstairs, two large bedrooms provide a peaceful retreat, including a spacious primary, along with a generous 5-piece bathroom featuring a double vanity, walk-in shower and soaker tub. The home also benefits from newer windows, adding to its comfort and appeal.The lower level expands the living space with a versatile den, 3-piece bathroom, foyer and utility room, along with convenient direct access to the single attached garage. Outside, enjoy a private patio; the home backs onto a green space/courtyard, which provides a pleasant outlook and added sense of privacy.Offering a desirable inner-city location, thoughtful updates and easy access to downtown, the river pathways, parks, schools and everyday amenities, this Crescent Heights home is an excellent opportunity for those looking to enjoy the best of Calgary's urban lifestyle without sacrificing comfort or outdoor space.

property details

type: Townhouse, Single Family
bedrooms: 2
bathrooms: 3
living area: 1,601 sq ft
parking: 2
year built: 1991
property tax: $3,604 / yr
strata fee: $522 / mo ($0.33 / sq ft)
strata rules: Pets Allowed With Restrictions
days on market: 44
MLS®: A2340885

buying in a building from 1982 to 2000: what to read first

features

Pets Allowed With Restrictions
Washer
Refrigerator
Dishwasher
Stove
Dryer

monthly cost

$3,175/mo

Mortgage $2,352 · Tax $300 · Strata $522

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

estimated payment

$2,352/ monthly

loan $431,920

25-year amortization

down payment20% · $107,98020%+ 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: $273,768
land title fees: $1,075; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $109,055; down + land title fees
total paid: $705,688

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: $1,840/mo
after all costs: −$1,657/mo
cap rate: 1.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,352 · tax $300 · strata $522 · 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

location

Crescent Heights, CalgaryGoogle Maps ↗

Rapid transit: Sunnyside CTrain station, 1.9 km (about 30 min walk); 1 Street Southwest CTrain station, 2 km (about 32 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

Elementary · CBE Balmoral School560 m
Secondary · CBE Crescent Heights High School536 m
Elementary · Catholic St. Isidore Online School1.1 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.

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