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mihom.ca is operated by Dan Robbins, REALTOR®, Pemberton Holmes Ltd.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listing data via CREA's DDF®. about · terms of use · privacy · © 2026 mihom.

1602, 220 12 Avenue SE
homes for sale · Calgary · Beltline
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$360,000

1602, 220 12 Avenue SE

Beltline, Calgary · MLS® A2344380

221

825 sq ft · Condo · Single Family · built 2009 · 44 days on market

listed by Paul Bal, The Real Estate District

realtor's description

Perched on the 16th floor with sweeping west-facing views, this 2-bedroom, 2-bathroom condo offers the kind of natural light and skyline scenery that makes coming home feel like an escape. Sunlight pours through the space throughout the day, highlighting warm cork flooring and a modern kitchen finished with stainless steel appliances and quartz countertops, as functional as it is stylish.The primary bedroom offers a private retreat with its own ensuite and walk-in closet, while the second bedroom provides flexibility for a guest room, office, or roommate setup. Titled underground parking adds everyday convenience and peace of mind.Life at KeyNote One extends well beyond the suite. Residents enjoy access to an impressive amenity package, including a fully equipped fitness centre with a cardio room and heavy weight room, a rec/party room for hosting, guest suites for visiting family or friends, and an outdoor garden space complete with BBQs — perfect for summer entertaining.The location seals the deal, with direct access to shopping, restaurants, and everyday conveniences, plus close proximity to downtown, transit, pathways, and entertainment. Whether you're a professional seeking a low-maintenance lifestyle, an investor looking for a strong rental profile, or anyone craving vibrant inner-city living, this KeyNote One condo checks every box.

listed by
Paul Bal
The Real Estate District
call Paul · 403-617-5761
Powered by: REALTOR.ca

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property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
825 sq ft
parking
1
year built
2009
property tax
$2,603 / yr
strata fee
$633 / mo ($0.77 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
44
MLS®
A2344380

features

  • Guest Suite
  • Parking
  • Pets Allowed With Restrictions
  • Refrigerator
  • Range - Electric
  • Dishwasher

monthly cost

$2,418/mo
Mortgage $1,568 · Tax $217 · Strata $633

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

estimated payment
$1,568/ monthly
loan $288,000
25-year amortization
total interest
$182,546
land title fees
$750
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$72,750
down + land title fees
total paid
$470,546

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
−$761/mo
cap rate
2.7%
yearly net rent ÷ price

Costs: mortgage $1,568 · tax $217 · strata $633 · 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

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Ramsay School1.4 km
  • Middle · CBE Riverside School1.5 km
  • Secondary · CBE Discovering Choices246 m
  • Elementary · Catholic St. Monica School789 m
  • Secondary · Catholic St. Mary's High School641 m

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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

location

Beltline, CalgaryGoogle Maps ↗

Rapid transit: Victoria Park/Stampede CTrain station, 300 m (about 5 min walk); Centre Street CTrain station, 500 m (about 9 min walk).

city assessment

$391,500

2026 assessment · market value as of July 1, 2025

  • Down 6.9% from $420,500 in 2025
  • $449,000 in 2016 (-13% over ten years)
  • Asking price is 8% below the assessment
  • Built 2009
  • Lot 859 m² (9,248 sq ft)
roll yearassessed
2026$391,500
2025$420,500
2024$354,000
2023$321,500
2022$300,000
2021$332,000
2020$344,000
2019$380,000

From City of Calgary open data (property assessments), matched to 1602 220 12 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 $2,603 a year

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

The listing shows $2,603 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.

location

Beltline, CalgaryGoogle Maps ↗

Rapid transit: Victoria Park/Stampede CTrain station, 300 m (about 5 min walk); Centre Street CTrain station, 500 m (about 9 min walk).

Drive times
  • Lady Fatima Academy2 min
  • Discovering Choices2 min
  • Bow Valley College2 min
  • Downtown Calgary4 min
  • Sheldon M. Chumir Health Centre4 min
  • YYC airport20 min
97

Walkability 97/100 · Very walkable: most errands on foot

Within a 10 minute walk: 2 grocery stores, 71 places to eat or drink, 22 cafes, 7 parks and playgrounds, 1 school, 2 pharmacies, 44 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

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