Lower Mount Royal, Calgary · MLS® A2342363
111
597 sq ft · Condo · Single Family · built 1964 · 50 days on market
listed by Ilham Cazac, eXp Realty
Welcome to this beautifully updated 1 bedroom + den condo in the heart of highly sought after Lower Mount Royal. Offering nearly 600 sq. ft. of thoughtfully designed living space, this home makes excellent use of every inch.The bright open concept layout features laminate flooring, quartz countertops, ample cabinetry, and a spacious living area that opens onto a large private balcony, perfect for your morning coffee or evening unwind. The generous bedroom offers a walk-in closet, while the versatile den provides the ideal space for a home office, reading nook, or additional storage. In-suite laundry adds everyday convenience. A parking stall and secure storage locker are also included. This well managed building is ideally located just steps from the restaurants, cafés, fitness studios, shopping, parks and nightlife of 17th Avenue, while being tucked into a quiet, established neighbourhood surrounded by beautiful homes.A fantastic opportunity for a first-time buyer, investor, or anyone looking for a stylish inner-city home in one of Calgary’s most coveted locations.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $936 · tax $130 · strata $502 · 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.
Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.
Rapid transit: 8 Street Southwest CTrain station, 1.3 km (about 20 min walk); 7 Street Southwest CTrain station, 1.3 km (about 20 min walk).
$234,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $234,500 |
| 2025 | $233,000 |
| 2024 | $211,500 |
| 2023 | $215,000 |
| 2022 | $201,500 |
| 2021 | $203,000 |
| 2020 | $207,500 |
| 2019 | $224,500 |
From City of Calgary open data (property assessments), matched to 205 808 ROYAL 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 $1,559 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,559 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, 1.3 km (about 20 min walk); 7 Street Southwest CTrain station, 1.3 km (about 20 min walk).
Walkability 97/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 106 places to eat or drink, 16 cafes, 9 parks and playgrounds, 3 schools, 3 pharmacies, 28 transit stops.
mihom score from OpenStreetMap places, by straight line distance.