1509, 3820 Brentwood Road NW

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

rent

$1,450/mo

after all costs

$168/mo

cap rate

6.4%

yearly net rent ÷ price

Costs: mortgage $762 · tax $122 · strata $246 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a studio in Calgary: CMHC's average there ($1,438) raised 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: Brentwood CTrain station, 200 m (about 3 min walk); University CTrain station, 900 m (about 13 min walk).

• Down 8.9% from $241,500 in 2025
• $224,000 in 2016 (-2% over ten years)
• Asking price is 20% below the assessment
• Built 2011
• Lot 499 m² (5,373 sq ft)

From City of Calgary open data (property assessments), matched to 1509 3820 BRENTWOOD RD NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

about $1,463 a year

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

The listing shows $1,462 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: Brentwood CTrain station, 200 m (about 3 min walk); University CTrain station, 900 m (about 13 min walk).