Forest Lawn, Calgary · MLS® A2351293
111
584 sq ft · Condo · Single Family · built 1981 · 8 days on market
listed by Ali Ibrahim, CIR Realty
ONLY $99,900!!! MOST AFFORDABLE CONDO IN ALL OF CALGARY, ALSO HAS ASSIGNED UNDERGROUND PARKING!!!!!! OWN FOR LESS THAN THE COST OF RENTING!!!! Welcome to Braebourne Manor! This bright and affordable 1-bedroom condo is a great opportunity for first-time buyers, downsizers, or investors looking for a well-located property with underground parking. Step inside to a functional layout featuring updated wood-look flooring, neutral paint tones, and a spacious living area with plenty of room to relax, dine, or entertain. The kitchen offers full-size appliances, ample cabinet storage, and a convenient pass-through opening to the main living space. The bedroom is generously sized with a large window for natural light, while the full 4-piece bathroom offers practical everyday convenience. Enjoy your own private covered balcony with a treed residential outlook, perfect for morning coffee or evening downtime. This unit also includes assigned underground parking, adding excellent value and year-round comfort. Located in the convenient community of Forest Lawn, you are close to shopping, restaurants, schools, transit, major roadways, and a quick commute to downtown Calgary. A fantastic option at an accessible price point, book your showing today!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $435 · tax $82 · strata $478 · 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: Franklin CTrain station, 1.4 km (about 23 min walk); Marlborough CTrain station, 2.1 km (about 34 min walk).
$148,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $148,500 |
| 2025 | $145,000 |
| 2024 | $107,000 |
| 2023 | $85,000 |
| 2022 | $66,000 |
| 2021 | $66,000 |
| 2020 | $87,500 |
| 2019 | $95,000 |
From City of Calgary open data (property assessments), matched to 203 1712 38 ST SE. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $988 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $987 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: Franklin CTrain station, 1.4 km (about 23 min walk); Marlborough CTrain station, 2.1 km (about 34 min walk).
Walkability 92/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 12 places to eat or drink, 1 cafe, 5 parks and playgrounds, 2 schools, 29 transit stops.
mihom score from OpenStreetMap places, by straight line distance.
nothing comparable on the market right now.