Downtown Commercial Core, Calgary · MLS® A2353841
221
951 sq ft · Condo · Single Family · built 2006 · 2 days on market
listed by Michelle Plach, Honestdoor Inc.
Click brochure link for more details** Enjoy elevated downtown living at the prestigious Five West in this 951 sq. ft. southwest-facing condo, where floor-to-ceiling windows showcase beautiful city views, with both the Bow River and the Rocky Mountains on the horizon. This spacious 2-bedroom, 2-bathroom home features granite countertops, stainless steel appliances, engineered hardwood flooring, a fireplace, air conditioning and in-suite laundry. The unit also includes titled, heated underground parking and a separate storage locker. Building amenities include visitor parking, a car wash bay and an amenity room available for private events. Ideally situated in the heart of downtown, Five West is close to restaurants, cafés, shopping and the Bow River pathways, offering a convenient urban lifestyle. Some photos are virtually staged.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,655 · tax $216 · strata $773 · 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
Rapid transit: 8 Street Southwest CTrain station, 300 m (about 5 min walk); 7 Street Southwest CTrain station, 400 m (about 6 min walk).
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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$389,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $389,500 |
| 2025 | $408,000 |
| 2024 | $371,000 |
| 2023 | $337,000 |
| 2022 | $316,500 |
| 2021 | $328,500 |
| 2020 | $352,000 |
| 2019 | $377,500 |
From City of Calgary open data (property assessments), matched to 1508 920 5 AV SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $2,590 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $2,590 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: 8 Street Southwest CTrain station, 300 m (about 5 min walk); 7 Street Southwest CTrain station, 400 m (about 6 min walk).
Walkability 97/100 · Very walkable: most errands on foot
Within a 10 minute walk: 2 grocery stores, 75 places to eat or drink, 25 cafes, 12 parks and playgrounds, 2 pharmacies, 43 transit stops.
mihom score from OpenStreetMap places, by straight line distance.