Windsor Park, Calgary · MLS® A2344372
111
735 sq ft · Condo · Single Family · built 1983 · 39 days on market
listed by Elaine Pippi, Diamond Realty & Associates Ltd
Amazing penthouse unit in a very well-maintained building, ideally located close to all amenities. Enjoy walking distance to Chinook Centre and the C-Train, with Rockyview General Hospital, parks, schools, shopping and restaurants all just minutes away. This south-facing unit offers an abundance of natural light and an inviting open-concept from the kitchen to the dining room and living room area. The kitchen has been nicely renovated and features plenty of newer cabinetry, granite countertops, newer stainless steel appliances and a large island with an eating bar, making it an ideal space for entertaining. The spacious living room features a corner wood-burning fireplace, which is being sold in as-is condition, creating a warm and inviting focal point. The large bedroom offers an electric fireplace and plenty of closet space, while the updated bathroom adds to the appeal of this renovated unit. There is also a generous storage area within the suite that makes an excellent walk-in closet.Additional features include vinyl plank flooring, underground parking and a separate storage locker conveniently located on the main level. Parking stall #9 is located on the parking level, and the additional storage locker is at the end of the west hallway on the main level, last door on the left. Common laundry and party room are located on main level on the east facing hallway when you come into the building. Plenty of street parking is also available. This is one of the nicest units in the complex and is a must to see. The current tenant is secured on a lease until March 14 2027, and is willing to remain in the property, making this an excellent opportunity for a buyer looking for a turn-key investment.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $871 · tax $133 · strata $560 · 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: Chinook CTrain station, 1 km (about 15 min walk); 39 Avenue CTrain station, 1.9 km (about 30 min walk).
$240,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $240,000 |
| 2025 | $270,000 |
| 2024 | $182,000 |
| 2023 | $147,000 |
| 2022 | $137,000 |
| 2021 | $139,500 |
| 2020 | $154,000 |
| 2019 | $176,000 |
From City of Calgary open data (property assessments), matched to 1P 525 56 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 $1,596 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,595 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: Chinook CTrain station, 1 km (about 15 min walk); 39 Avenue CTrain station, 1.9 km (about 30 min walk).
Walkability 87/100 · Very walkable: most errands on foot
Within a 10 minute walk: 37 places to eat or drink, 7 cafes, 10 parks and playgrounds, 1 pharmacy, 21 transit stops.
mihom score from OpenStreetMap places, by straight line distance.